Oracle OpenWorld Recap: 3 Takeaways on Reporting for Hybrid and Cloud Environments

In September, I attended Oracle OpenWorld 2019 and it was chock full of announcements and sessions on how Oracle is winning in the Cloud and showcasing its march towards delivering the “world’s first completely and truly autonomous cloud.”

I was most intrigued with conversations focused on the state of customer cloud migration strategies and on its Cloud product roadmap as it relates to reporting and analytics, and specifically the latest advancements with Oracle EBS.

Here are three key takeaways:

Hybrid is the new normal for cloud migrations

Oracle understands that not all customers are ready for Cloud Applications and that “hybrid” is the new normal. In its product sessions, Oracle promoted a co-exist strategy for customers to extend EBS with cloud applications that improves upon existing EBS modules or for adding functionality not available within any existing EBS modules. Furthermore, Oracle suggested that a co-exist strategy to extend EBS should start with “edge” cloud applications.

From my peer conversations at the event, many customers are looking towards a hybrid cloud strategy for adopting the four major pillars of Oracle Cloud Applications: ERP Cloud (financials, procurement, projects, EPM), SCM Cloud, CX – Customer Experience Cloud, and HCM Cloud. This makes the most sense for large complex enterprises that have invested heavily in Oracle EBS for managing change in determining how their existing integrations will evolve.

Shifting focus to pre-built content for cloud reporting and analytics 

With calling OBIA content complete, it’s clear that Oracle is shifting its focus on creating analytics specifically for Oracle Cloud Applications rather than investing in analytics for Oracle EBS. For instance, Oracle announced the availability of Oracle Analytics for Fusion Apps, which includes packaged analytics, dashboards, reports, KPIs built on Autonomous Data Warehouse.

This development aligns with Oracle’s move to support customers pursuing a hybrid-cloud strategy, but this also means that customers will have to rely on system integrators and custom development to fill the gaps. While the Oracle Analytics roadmap is impressive, just like OBIA, I suspect there will be room for improvement. Stay tuned for further analysis on what will be necessary to determine the gaps.

Continued support for EBS

Oracle’s latest release of EBS version 12.2.9 includes some legislative changes in Financials, improvements in lease and finance management, and improvements with Property Manager and there was excitement around its latest Enterprise Command Center (ECC) dashboards. We expect future releases of EBS will offer improvements to underlying middleware without customers having to go through a full upgrade of EBS applications.

What’s clear from my discussions is that EBS users still need help with accelerating their reporting and analytics initiatives. But with more modules only being offered through Oracle Cloud, this can become a challenge for organizations wanting to take advantage of the latest applications.

At Magnitude we’re building the next generation of Noetix to support reporting and analytics for full and hybrid cloud deployments. Noetix Cloud Analytics delivers near real-time reporting from a single operational reporting data store through business views to simplify access to data from Oracle Cloud Applications and Oracle EBS.

To learn more about our Operational Reporting solutions for Oracle, let’s have a conversation.

EBS Migration Digest

Whether you’re looking to take advantage of new functionality, support compliance requirements or improve performance and reliability, the decision to migrate or upgrade to Oracle EBS on-premises or on Oracle Cloud isn’t one you’ll take lightly. The results can be rewarding, though the process daunting. To help you prepare for such a project, Magnitude gathered some lessons learned from those in the industry who already travelled this path. Read more