There are certain technological tools and resources that are imperative for business to survive in today’s competitive environments. Oracle is one of the most reputed, recognized, and widely trusted name in the technology products and solutions industry. Oracle’s EPM suit has today become a key feature of business management which allows business executives to review and analyze past business performance and predict future outcomes. In addition, EPM solutions also offer support in streamlining workflows and improving inefficiencies. Keeping in consideration the diverse, competitive, and comprehensive nature of the market, the world-renowned market leader in technology solutions Oracle, offers its clients with multiple options when it comes to its technology products. It’s EPM services suit is available in both on-premise and modern cloud models. Even though cloud is considered a modern, more efficient, more profitable, and more scalable option, there are scenarios where an on-premise EPM solution may be more reasonable for an organization. If you wish for your business to grow in a profitable manner, it’s absolutely crucial that you choose a model that aligns with your business objectives in the most rational and logical way possible. The experienced, skilled, and qualified experts at LIT are capable to help you decide what software model is best to complement your business needs. In addition, our professionals also have the skills, knowledge, and credentials required to provide implementation and technical support for Oracle products and services.
Oracle Hyperion EPM Suite of Products on-premise provides a range of modern technical tools and services that optimize management and accelerate business growth, such as Hyperion Financial Management (HFM), Essbase, Financial Reports (HFR), Financial Reports (HFR), Microsoft office add-in SmartView, Web Analysis, Hyperion Strategic Finance (HSF), and Data Relationship Management (DRM) among others. Oracle EPM on-premise solution offers you maximum uptime and complete control.
https://docs.oracle.com/en/applications/enterprise-performance-management/11.2/index.html
Oracle Essbase Documention link:
https://docs.oracle.com/en/database/other-databases/essbase/21/index.html
Oracle Hyperion Support matrix link:
https://www.oracle.com/middleware/technologies/bi-foundation/hyperion-supported-platforms.html
The cloud technology has thorough revolutionized the way business is conducted by unprecedentedly proliferating efficiencies and capabilities. The cloud technology offers impressive scalability, low upfront costs, updated and continuous development, device-independent access, and no direct maintenance costs and therefore it doesn’t come as a big surprise that businesses are rapidly shifting to cloud to leverage this promising and dynamic technology. Because on-promise technological infrastructure may bring drawbacks such as responsibility for maintenance, large capital expenditure, and longer implementation times, Cloud Technology is today becoming the preferred model for business management worldwide. Oracle is recognized globally as the leader in the EPM Software domain. It offers EPM solutions in both on-premise and cloud model. While both models by oracle provide similar core functionalities, they still have some differences that may make the decision of choosing the right one a little difficult for you. One of the biggest advantages of Oracle EPM cloud over Oracle EPM on-premise is its availability and accessibility. Users can access Oracle EPM cloud from anywhere and from any device, all they need is a web browser or mobile application. Oracle EPM Cloud is also more cost-effective and allows for easier and more convenient monthly updates. Oracle EPM Cloud offers features such as Financial Consolidation and Close Cloud (FCCC), Account Reconciliation Cloud, Tax Reporting Cloud, Oracle Analytics Cloud (OAC) (Essbase), Oracle Data Management Cloud (DRM), Enterprise Planning Budgeting Cloud Services (EPBCS), and Enterprise Performance Reporting Cloud (ERPCS) among others.
The process of data and business analytics have become of paramount importance to business competence in today’s digital, globalized, and competitive world. Analytics allow business to generate insights, based on their performance and customer preference and behavior, to develop strategies that support and accelerate business growth. Analytics is a growing field that continues to benefit businesses in multifarious ways, from developing strategies, tracking and attracting customers, managing business, and troubleshooting issues. Oracle being among the industry leaders for technological solutions provides robust and impeccable cloud-native analytics solutions. It’s Oracle Analytics Cloud offers the power and the tools required to handle the broad range of analytics operations, from data discovery, data preparation, to data flow, and data visualization among others. The business intelligence program by Oracle offers impeccable ease of use and swift and smooth operations. The program allows organizations convenience in making smart and informed decisions based on empirical evidence and data insights. Since the system is cloud-based the data and analytics tools can be accessed even with a mobile device. The Oracle Analytics Cloud significantly lowers your Total Cost of Ownership (TCO), empowers you with tools for accurate and faster analysis, and has the capacity to grow with you as your business expands.
https://www.oracle.com/in/business-analytics/analytics-platform/
