When choosing modern technologies, Oracle Cloud is a highly considerable upgrade. Thanks to its benefits, more and more companies realize the importance of migrating to the Oracle Cloud.
As companies are moving ahead by adopting the latest technologies, the on-premise ERP application is losing its relevance gradually. The so-called legacy ERPs are not supporting the speeding business growth, because of which enterprises are gravitating towards Oracle Cloud ERPs. To understand this change better, let’s dive into more profound insights into migrating to Oracle Cloud.
4 Compelling Reasons for Businesses to move to Oracle Cloud are:
State of the Art Technology: Oracle Cloud Applications get their power from leveraging cutting-edge technologies, i.e., artificial intelligence and machine learning. These technologies help automate multiple business processes (like entering invoices) and recommend money-saving actions (like offering a discount to a specific supplier), which helps reduce significant amounts of time and effort. Thanks to Oracle’s Big data and Daas (Data as a service), which has been very useful for businesses worldwide and been a driving force for adopting Oracle HCM Cloud, Oracle SCM cloud, etc.
Innovative and Intelligent Applications: The Oracle Cloud ERPs are a software as a service (SAAS) applications recognized for their ability to scale your business requirements as it grows and expands. Oracle Cloud ERPs built on Oracle’s infrastructure consist of multiple modules built on the same platform. Hence it avoids long installation processes, unlike other platforms. These applications are powered by AI, which enables automating multiple business processes and has helped the users stay ahead of their competitors. Features like smart suggestions proved to be game changers for user bases related to finance, supply chain, and human resource domains. It’s a no-brainer that AI implementations have increased the marketing potential for Oracle Cloud ERPs.
Privacy and Data Security: As software runs on the cloud, data security is on top priority for Oracle Cloud ERPs. Oracle is known for its reliable and robust security architecture, which drives the government sector and domains like finance, insurance, and human resource to adopt Oracle Cloud ERPs.
Oracle follows top-notch data security regulations like data encryption, multi-layered data security, and highly secured data centers. Thanks to the Oracle Cloud, employee data can be protected from internet threats and vulnerabilities.
Improved Financial Decisions:
One of the most significant aspects of the Oracle Cloud Application is that it is best for collecting necessary data from extensive sources, which can further help in decision-making processes.
In addition, when you analyze data from different sources, data analysis becomes more powerful, allowing you to gain deeper and more crucial insights so that you can quickly make the best financial decisions. Also, Oracle quarterly updates further helps in adding new functionalities to improve business processes.
As businesses want to evolve and grow as per the market demands, they are gravitating toward Cloud ERP applications that are faster, qualitative, highly accessible and scalable. These are some of the significant benefits of Cloud ERPs. However, business leaders are skeptical about cloud migration due to data security issues and the overwhelming testing budget. Hence employ a comprehensive test automation tools like Opkey for automated Oracle testing. It can help you with seamless cloud migration with 10x faster testing speed and profitable ROI.