According to IDG News Service, “Oracle is now the industry’s second-largest SaaS vendor after Salesforce.com” As well, “Oracle is also seeing traction increase for its cloud ERP (enterprise-resource-planning) software, adding 120 new customers in the fourth quarter alone”.
This was news to us, so I contacted Oracle directly to get the inside scoop on their ERP cloud offering. Oracle Fusion has been rebranded as Oracle ERP Cloud and there are a couple of hundred implementations across North America with many new opportunities keeping the Oracle sales team hopping. Oracle ERP Cloud is so far targeted to organizations providing professional services, financial services, construction and engineering. Later the system will also include functionality for manufacturers.
Oracle has now jumped on the cloud not only to compete with other cloud vendors but also because it is a more profitable method of software delivery. They won’t make as much at the start of an implementation but will more than make up for it as the years roll by and the annual payments pour in through the clouds.0 Comments