| Cloud Leader, Week of January 23, 2017 | Web View |
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| | CLOUD LEADER | | News and Analysis to Guide Your Strategy |
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| | Editor's Note | | | Better Business Through Data
CFOs who want more-strategic, revenue-driving roles should move their financial planning and management technology—enterprise resource planning (ERP)—into the cloud, said Oracle CEO Mark Hurd at Oracle CloudWorld last week. The cost-saving reasons are clear: the cloud eliminates a lot of routine IT spending by standardizing processes, frees more IT dollars for innovation, and gives companies rapid access to the most up-to-date features without costly upgrades—"on the supplier's dollar, not yours," Hurd said. "The move to the cloud is about a new business model."
In addition to the cost savings, cloud applications give CFOs better, faster access to corporate data. This advantage has huge implications for everything from sensing market shifts to calculating inventory needs on a real-time basis. "Data is key to unlocking better business outcomes," Hurd said. Get more insight. | — Michael Hickins, Oracle Director of Content
Video: Oracle's Mark Hurd Calls the Cloud Shift 'Inevitable' | | |
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| | More Cloud News | | | Eight Steps to ERP Cloud Migration Success
With something as critical as ERP, even short amounts of downtime are detrimental. Avoiding disruption in an ERP migration to the cloud requires the right team: the right partner and also internal team members passionate about making the shift work. Learn about the next seven steps to success. | Richard Branson: Need 'Perpetual Revolution' in Companies
Serial entrepreneur Sir Richard Branson, as an April Fools prank in the 1990s, claimed that his company, record retailer Virgin Megastore, had invented a box that could hold every song ever recorded, making every Megastore competitor obsolete. In 2001 the Apple iPod essentially did exactly what Branson had said, putting Megastore out of business. "There almost needs to be a perpetual revolution going on" within any company, Branson told attendees at the recent National Retail Federation show. Get more lessons from Branson. | The Case for a Fine-Grained Approach to Profit and Loss
According to Oracle research, 78 percent of finance leaders say that accurate cost information is one of their top targets for improvement. Too often CFOs must make decisions based on a troublingly incomplete view of profit and costs, due to fragmented systems and a siloed approach to data. The cloud can help, because modern cloud-based profit and cost management systems are built with transparency and accessibility in mind, making vital information available to finance teams and lines of business. Learn about the cloud's other advantages. | | Oracle Buys Apiary for API Management | | 10 Cloud Predictions for 2017 (pdf) |
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| | | | From Oracle Magazine | | The Cloud and the Maker Movement
Members of the DIY culture known as the Maker Movement have always been quick to embrace new technologies on which to build their inventions. Their latest darling? The cloud. It gives tinkerers the same affordable compute power and array of apps and platform services as enterprise users. Rick Perotti used Oracle Sales Cloud plus a series of online services to create "Homunculus," a voice-driven virtual assistant. "When I speak to Homunculus, it goes out to a cloud service to convert my voice to text and then sends the text back. It then uses RESTful services to talk to Oracle Sales Cloud and have it pull back my day's schedule," Perotti says. Learn about two other cloud-fueled DIY projects. |
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