If there’s anything that stands out about Oracle Cloud Products it’s the consistency of data architecture across cloud applications and the seamlessness of data visibility across business lines.
In the world of Supply Chain, several solutions in the Oracle SCM Cloud suite have been examined in detail within the following 2018 Gartner reports:
- Magic Quadrant Supply Chain Planning Systems of Record
- Magic Quadrant for Warehouse Management Systems
- Magic Quadrant for Transportation Management Systems — and the companion Critical Capabilities for Transportation Management Systems
Oracle’s leadership across Software-as-a-Service (SaaS) applications continues in dozens of other analyst reports, including HCM and customer experience, and it has always been our belief that, taken together, Oracle provides a leading suite of applications to run any size business in the cloud.
And the trend extends beyond SCM to all of enterprise resource planning. Gartner recently released its first Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, and we’re pleased to announce that Oracle ERP Cloud is the only ERP (on-premises or cloud) positioned in the “Leaders” quadrant of this report.
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Gartner, Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, Mike Guay | John Van Decker | Christian Hestermann | Nigel Montgomery | Duy Nguyen | Denis Torii | Paul Saunders | Paul Schenck | Tim Faith, 31 October 2018
Gartner defines “product-centric enterprises” as those that “physically manufacture, sell and/or distribute products, and thus “are typically either manufacturing companies or distribution companies.” As a result, Gartner analysts reviewed product-centric cloud ERP suites with some or all of the following: supply chain—and manufacturing—related functionality, financial management functionality, basic purchasing functionality, and human capital management (HCM) functionality.
An example of a customer using multiple Oracle Cloud applications—including ERP, EPM and Supply Chain—is Titan International. Titan is moving from an on-premises Infor Lawson implementation to improve visibility across the business, reduce the cost of IT, and improve financial and other controls.
Product-Centric Cloud ERP Gaining Momentum with Large Enterprises
Gartner notes that it is mainly midsize enterprises (those with annual revenue of between $50 million and $1 billion) that have led adoption of public cloud ERP solutions. However, the authors expect this to change rapidly.
According to Gartner, “The market for operational cloud ERP is shifting to cloud deployment. In the next 12 months, this shift will become significant enough for Gartner to include large enterprises in the next Magic Quadrant for product-centric cloud ERP.”
Gartner also predicts the following market developments:
- “By 2020, nearly 60% of large enterprises with systems up for replacement will switch from traditional on-premises licenses to cloud deployments.
- By 2025, demand for operational ERP deployments delivered as cloud services will account for more than 65% of total market spending.”
With demand for product-centric cloud ERP expected to grow rapidly among companies of all sizes, now is an excellent time to begin evaluating the options for those companies looking to migrate off their legacy, on-premises applications.
Gartner, Magic Quadrant Supply Chain Planning Systems of Record, Amber Salley | Tim Payne | Alex Pradhan, 21 August 2018
Gartner, Magic Quadrant for Warehouse Management Systems, C. Klappich | Simon Tunstall, 2 May 2018
Gartner, Magic Quadrant for Transportation Management Systems, Bart De Muynck, 19 March 2018
Gartner, Critical Capabilities for Transportation Management Systems, Bart De Muynck | Brock Johns, 29 August 2018