extending-ebs-for-cloud

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.

Take your SAP Central Finance to the Next Level with Magnitude

Ready to take your SAP S4/Hana Central Finance projects to the next level? Magnitude SourceConnect and Z Option are both proud sponsors of the TA Cook SAP Central Finance events:

International SAP Conference on Central Finance in Berlin [September 18-19, 2019]

North American SAP Conference on Central Finance in Chicago [October 15-16 2019]

Curated for finance professionals for both new and existing SAP customers, hear how you can transform your finance data ahead of the pack and drive business success. You’ll hear from live the SAP Central Finance solutions owners, live Central Finance customers and live Magnitude customers about how to make the most out of your investment.

Our Magnitude SourceConnect team will demonstrate our suite of applications, co-innovated with SAP, for seamless integration of 3rd party data into Central Finance by streamlining key aspects of the data integration process.

Irrespective of the number and mix of source systems you are considering incorporating into SAP Central Finance, our data integration experts can talk you through you how to reduce time to benefit as well as reduce initial and ongoing development and maintenance costs.

Incorporating an off-the-shelf solution that’s built on architecture validated and supported by SAP assures that you will achieve the fastest, lowest cost, and lowest risk implementations of SAP S/4HANA Central Finance.

Registration is open for both the Berlin event and Chicago event!

Interested in learning how to integrate non-SAP ERP data into your SAP S/4HANA Central Finance implementation? Magnitude SourceConnect can help! Request a demo

Join Magnitude at Collaborate 19 – OAUG Forum

Attending Collaborate 19 – OAUG Forum in San Antonio, April 7-11?  Join our Noetix team and other Magnitude product experts to learn how we’re enabling Oracle-based enterprises achieve greater operational efficiencies and streamline complex reporting for business users.

SAP_Financial_Excellence_Forum_WP

Join Magnitude at the 2017 SAP Financial Excellence Forum

Attending the 2017 SAP Financial Excellence Forum? Join me, our VP of Product Marketing, Martin Boyd, SAP’s Carsten Hilker and other experts to learn how leading companies are transforming their financial management to make better decisions. Read more

Webcast – An expert roundtable: Top considerations for effective, timely corporate performance insights

MDM Roundtable – Let’s Keep the Conversation Going!

In follow-up to the Webcast Top 3 Considerations for effective, timely corporate performance insights, our panel of experts from the MDM roundtable event will be standing by to answer your questions. Please feel free to post your thoughts, questions or comments in reply to this post.

Read more

Beer and Bits: Magnitude & ABInBev/Labatt Breweries

Magnitude and ABInBev/Labatt Breweries to Co-Present Keynote at MDM & Data Governance New York

A lot of things go into brewing beer. One of them is good data. Bringing it all together in a keynote at MDM & Data Governance New York this week is Magnitude CTO, Darren Peirce and LaBatt Breweries’ Manager of Master Data Management, Alice Bazdikian. Their keynote, “ABInBev/Labatt Breweries of Canada: Balancing Agility and Governance in Consolidating Data,” will be presented on Wednesday, November 9 at 11:00 a.m. ET.
Read more

Strata + Hadoop NY 2016: Data Gets Even Bigger

This week’s annual Strata + Hadoop World in New York City was, as one tweet described it, “The Lollapalooza of Big Data.” Magnitude Software had a great conference, meeting with customers, prospects and top analysts while taking in all that the ever-evolving data landscape has to offer.

Read more

Gearing Up for Oracle Open World, Magnitude-Style

Oracle Open World is just around the corner and the Magnitude team is excited to jump into the thick of things. We’ll be in booth #3409 and welcome (ok, encourage) you to stop on by to say hello.

Read more

COLLABORATE 16 is Right around the Corner!

Spring is already here and that means it is time for us to head to Vegas for the Oracle Applications User Group (OAUG) COLLABORATE 16 Conference!  The Exhibitor Showcase opens at 5:30 pm on Monday, April 11 and we look forward to seeing you in booth #1101.  There will be some great giveaways and prizes […]

Join Magnitude Software at Oracle OpenWorld 2015!

Meet us in booth #3523 WEST and enter to win one of several $500 Amazon gift cards while you check out our Featured Demonstrations: