Oracle Fusion Cloud ERP positioned as highest in "Ability to
Execute" and furthest on "Completeness of Vision" in
service-centric cloud ERP market analysis
AUSTIN,
Texas, July 27, 2022 /PRNewswire/ -- Oracle has
been named a Leader in the 2022 Gartner® Magic Quadrant for Cloud
ERP for Service-Centric Enterprises for Oracle Fusion Cloud
Enterprise Resource Planning (ERP). The Magic Quadrant, which
evaluated 10 providers, recognized Oracle as a Leader for its
"Ability to Execute" and "Completeness of Vision". A
complimentary copy of the report is available here.
According to the Magic Quadrant for Cloud ERP for
Service-Centric Enterprises report, "Leaders demonstrate a
market-defining vision of how service-centric ERP systems and
processes can be supported and improved by moving them to the
cloud. They couple this with a clear Ability to Execute this vision
through products, services, and go-to-market strategies."
"Oracle Cloud ERP is the only proven solution on the market that
has the product depth and vertical breadth to meet the unique
industry needs of our customers." said Rondy Ng, executive vice president of
applications development, Oracle. "We believe the Gartner
recognition highlights the trust placed in us by our
service-centric customers for their digital back-office
transformations and underscores their successes in overcoming
unprecedented global challenges to thrive and prosper by leveraging
continuous innovation from our SaaS."
Part of Oracle Fusion Cloud Applications Suite, a complete set
of cloud applications designed and built for changing customer
needs, Oracle Cloud ERP allows organizations to quickly optimize
their business with touchless operations, predictive insights, and
embedded collaboration features. With machine learning, artificial
intelligence, and customer-driven innovations added every 90 days,
Oracle Cloud ERP helps organizations increase efficiency, embrace
new business models, respond to shifting market conditions and
capitalize on new opportunities.
Over 11,000 organizations turn to Oracle Cloud ERP and Cloud HCM
applications to run their businesses. Oracle Cloud ERP offers a
comprehensive set of enterprise finance and operations
capabilities, including financials, accounting
hub, procurement, project management, enterprise
performance management, risk management, subscription
management, and supply chain management & manufacturing.
Oracle Cloud HCM delivers market leading capabilities for human
resources, talent management, workforce management, payroll, and
the award winning employee experience platform, Oracle ME. These
self-updating platforms provide customers with the industry's most
advanced technologies every 90 days, giving organizations the
ability to build, innovate, automate, adapt, and leverage new
business opportunities on-demand.
Oracle has garnered consistent industry recognition for its
finance applications. Oracle was named a Leader for the third
successive time in the 2021 Gartner® Magic Quadrant™ for Cloud ERP
for Product-Centric Enterprises and was ranked a Leader in the 2021
Gartner Magic Quadrant for Cloud Core Financial Management Suites
for Midsize, Large and Global Enterprises" for the fifth straight
year. Additionally, Oracle was named a Customers' Choice in
the 2021 Gartner ® Peer Insights™ 'Voice of the
Customer': Cloud Financial Planning and Analysis
Solutions. Finally, Oracle was named a Leader for the sixth
successive year in the Gartner Magic Quadrant for Cloud HCM Suites
for 1,000+ Employee Enterprises.
To learn more about Oracle Cloud ERP customers, visit
www.oracle.com/erp/customers/
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About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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SOURCE Oracle