Oracle Supply Chain Management 100% on the Cloud for 80% of the Market
To help manufacturers address the full needs of complex, global supply chains, Oracle announced the expansion of the Oracle Supply Chain Management Cloud with two new product offerings, Planning Central Cloud and Manufacturing Cloud.
In addition to Oracle Planning Central Cloud and Oracle Manufacturing Cloud, Oracle announced enhanced capabilities in Oracle Order Management Cloud and across the entire Oracle Supply Chain Management Cloud.
Together these enable manufacturers to operate their supply chain in a modern cloud environment across the key business processes.
In a significant achievement for Oracle, the company’s new Supply Chain Management (SCM) cloud-based solution addresses the more complex needs of today’s supply chain.
“We didn’t just take what we had and build it into the cloud,” said Jon Chorley, chief sustainability officer (CSO) and group VP, SCM product strategy and PLM at Oracle.
Chorley talked with John Furrier and Jeff Frick, cohosts of theCUBE, from the SiliconANGLE Media team, during Oracle OpenWorld 2015 in San Francisco (see video above).
SCM represents 80% of broad market in the cloud
Chorley described the new features and benefits of the 100% cloud-enabled SCM, describing it as a complete solution bundled in way that is user friendly, fast and simple to implement.
Meeting customer needs means being able to respond immediately to negative effects around the world and address the individual requirements of each customer.
Following Oracle’s policy, the new SCM is available both on-prem and in the cloud. “The great thing about cloud is that you’re in a long-term relationship with your cloud provider,” said Chorley, who sees this as a positive change for the marketplace.
OracleWorld one of most sustainable events in the industry
As Oracle’s CSO, Chorley has implemented environmentally conscious programs and sees operating a sustainable business as “a successful business strategy.”
“Our goal is to drive down the ratio of running costs to purchase costs,” he said, explaining that that in energy consumption costs, a high-end server costs more to run than it costs to buy.
So if a customer factors in power consumption, it is possible to justify changing hardware based on energy savings.
The Oracle datacenter is 50% more efficient than an average datacenter, Chorley said, and he is constantly looking for ways to reduce Oracle’s energy consumption and “make sure Oracle is a good corporate citizen.”
Risk in The Cloud
Oracle security study assesses impact of digital identity in today’s business economy
Many new supply chain developments are being announced at Oracle OpenWorld, particularly in regard to The Cloud.
Also of interest is a recent report, conducted by the Economist Intelligence Unit (EIU) on behalf of Oracle, that concludes that technology exists today to secure digital access and identity issues and help companies monetize their data assets responsibly.
However, companies still struggle to come to terms with the right approach to collecting and securing this data.
By 2020, more than 7 billion inhabitants of Earth will be using over 35 billion devices to communicate, collaborate, negotiate and perform transactions; there are approximately 8.7 billion connected devices today.
The surge will come quickly and organizations will scramble to take advantage of monetizing this digitally connected world, conclude researchers.
Identities are at the forefront as the digital passport to an online world of goods and services because a single view of an individual customer is the key to knowing that person better and building a deeper personal and business relationship with them.
But risk is addressed extensively in the report as well.
The EIU survey shows that companies are well aware of the responsibilities of holding digital identities and are taking them seriously. When asked to identify their company’s top three digital-identity challenges, security is cited by almost three-quarters (72%) of respondents, followed by privacy (44%) and managing legal or regulatory requirements (36%).
It’s something of a relief, though, to know Oracle and its partners are addressing these concerns.
Article Topics
Oracle News & Resources
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