Traditional ERP systems are often complex, expensive, and time-consuming installations that demand significant expenditure for hardware or infrastructure. In this challenging business environment, organizations are constantly looking to lower costs and increase revenue. They can reduce support costs and get a quick return on investment by moving their on-premise ERP systems to the cloud.
Moving on-premises ERP software to the cloud can have several advantages like a better time to value, faster innovation, greater scalability, and lower costs. Cloud-based ERP systems now offer many of the same features and functionalities as their on-premises counterparts. They also simplify the integration of emerging technologies like analytics, mobility, collaboration, IoT, and social tools.
Are you evaluating whether a SaaS solution like Oracle ERP Cloud is right for your company as a replacement for Oracle E-Business Suite? We can help you decide just that by diving deep into the differences between the two solutions so that you can make a knowledgeable decision.
What is Oracle ERP Cloud?
Oracle ERP Cloud Service is a complete, cloud-based ERP suite that provides advanced capabilities and a comprehensive view of your financial data and can quickly expand and scale along with your business. As you can install multiple modules on the same Oracle Cloud platform, it eliminates the need for a long and complex installation process. Oracle directly manages the security of the infrastructure, so you don’t have to worry about updates and patches installed automatically.
What is Oracle E-Business Suite?
Oracle E-Business Suite (EBS) is a suite of applications to automate business processes like Enterprise Resource Planning (ERP), Human Capital Management (HCM), Supply Chain Management (SCM), and Customer Relationship Management (CRM). Oracle EBS helps organizations run global operations, make faster decisions, reduce costs, and increase productivity. Oracle EBS also includes prebuilt reporting and analytics capabilities.
Oracle EBS migration to Oracle ERP Cloud offers additional features and functionalities to customers not available in Oracle EBS.
Cost-Effective
Oracle ERP Cloud service has no upfront licensing charges and requires lower maintenance costs. Nucleus Research found that on-premises ERP solutions typically cost 2.4 times more than Oracle ERP Cloud over three years when considering overall company costs, including software, hardware, resources, and training.
Functionality
On-premises ERP systems like Oracle EBS that have been heavily customized are becoming increasingly complex to operate and are now considered legacy systems. Oracle EBS migration to Oracle ERP Cloud offers greater functionality with less customization and rapidly evolves to add more advanced capabilities.
Time-to-Value
On-premises Oracle EBS deployments require a lot of IT effort, most of which is spent installing and configuring the complex system and on maintenance. Oracle EBS migration to Oracle ERP Cloud can help you add new capabilities more quickly and cost-effectively.
Easy Access
You can access Oracle ERP Cloud data over the web anytime, from any location, and on any device – phone, tablet, or laptop. Oracle EBS migration to Oracle ERP Cloud is especially beneficial when employees need more flexibility and access to data on the go.
Robust Infrastructure
Oracle Cloud Infrastructure (OCI) for Oracle ERP Cloud service can help you deploy the best solutions for your needs using a vast partner network. However, Oracle EBS wasn’t designed to connect with third-party applications and doesn’t support many connectors.
Automatic Updates
Installing new versions and software updates is more expensive and time-consuming for on-premises ERP solutions like Oracle EBS. The user must buy and install an upgrade package or pay for expert services to perform the upgrade. Oracle ERP Cloud service receives periodic, automated software updates that require minimal effort, while Oracle EBS upgrades require time and effort from the IT team.
Seamless Integration
Oracle ERP Cloud integrates seamlessly with other SaaS and on-premise solutions. It offers a wide range of application connectors within a secure architecture with support for bulk data transfers. Oracle EBS integration is more complex and needs a lot of effort from the IT staff to design and create connections.
Pay-as-You-Go Pricing Model
Oracle ERP Cloud service requires no upfront capital expenditure and also needs lower maintenance costs. Oracle EBS, on the other hand, requires higher licensing and maintenance costs.
Better User Interface
Oracle ERP Cloud is designed to be more efficient and user-friendly. It provides cutting-edge capabilities in a simple, intuitive interface that optimizes most back-office processes. Oracle EBS has an outdated UI with limited capabilities compared to Oracle ERP Cloud. Thank you for reaching out. We are excited to participate in the RFP for the OBIEE upgrade. Below are the requested details for your reference.
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