The idea of increasing business capabilities through reducing IT investments sounds counter-intuitive but it is becoming increasingly adopted by organizations throughout the world.
A similar counter-intuitive idea of 1950s and in 1960s based on Edwards Deming’s principles of reducing cost by increasing quality is no longer up for debate as Japan, following this principle, rose from the ashes of war to become the world’s second largest economy in just 10 years.
We are again seeing this counter-intuitive behavior and success in cloud implementations.
Welcome to the world of Oracle Fusion.
Cost for a typical enterprise system can be bucketed into hardware, software, network, security, maintenance and implementation services.
Let’s compare the costs in a traditional On-premise solution vs Oracle Fusion:
* May have cost with enterprise SSO solution for Cloud applications or ongoing maintenance with LDAP authentication
Translating the above cost structures to a more tangible dollar based comparison leaves no doubt. Below is a comparative analysis that we routinely see – a savings of about 60% when using Oracle Fusion services.
Increasing Business Capabilities
Cost savings is just the beginning of increasing the business capabilities, as the resultant savings can be used for executing more projects which earlier couldn’t be. The significant uplift to business capabilities comes in the form of having the right data available to business user on-demand.
There are a myriad of options that comes bundled with Oracle Fusion such as Oracle Transaction Business Intelligence (OTBI) where a real time data report and analysis can be created by business users without having to go through the traditional route of requesting IT and waiting for it to show up (often requiring rework). This results in extra savings of having to manage the same business capabilities with less resources.
Trusted Real-Time Data
The data is pulled directly from the transactional system and can be trusted and is real-time – therefore not dependent on updates. The data can further be represented in various graphical formats allowing for more effective decision making. These queries/reports/analysis can be saved for future use. Effective decision making is where Oracle Cloud starts to make a real difference. Oracle through its separation of data layer, presentation layer, and translation layer, allows a diverse set of users to view the reports without having to create separate reports.
Suppose you want to create a report for employee (employee only, contingent worker only and employee inclusive on contingent workers), with 2 graphical options (line chart and pie chart) and have users who speak 3 different languages. In traditional world one would end up creating 18 different versions of the same report. In Oracle Cloud world you will have just 1 report.
It sounds easy, too easy, and it is- provided you select the right partner to implement the Oracle Cloud for you. We at Emtec have a proven SPARK methodology to quickly deliver the solution while performing the knowledge transfer to you.
Given below is a snapshot of our typical methodology that we deploy:
Value of Using A Structured MethodologyThe execution methodology is tightly integrated with our Project Management Methodology and Organization Change Management Methodology. We typically begin interacting with our clients before the project is even kicked-off formally, so that the teams hit the ground running.
By day 1 of the project, when the teams show up, we have already done the requirements gathering and analysis via the use of our requirements gathering and data conversion templates.
Biggest advantage of using a structured methodology is for Business or IT portfolio management: seeing the projects completed faster and without significant up-front costs that typically demand a higher business case justification (and more time spent validating).
Now we can spend more time resolving business issues and helping you create and improve value.
While economics of Oracle Cloud may not be suitable for all organizations (especially the large ones with rigid business processes), it is definitely a “Win-Win” situation for business and IT users alike for mid-market organizations. On-premise enterprise maintenance costs alone can exceed the cost of Cloud implementations if you consider all the cost structure buckets.
Working with the right partner allows you to experience the gain without the pain! Reach out to us if you are evaluating a move to the Cloud. Contact us today!