oracle cloud myths ebook

ORACLE CLOUDeBook

"oracle cloud

products are not

mature"

myth #1

Backups and security are always majorconcerns when it comes to Cloud

products’ maturity. 4-5 years ago, most ofthe CEOs would have said NO to the

Cloud in a heartbeat because of stabilityand security concerns. Today, ERP Cloudhas been available for 5 years, HCMCloud for over 7 years, and both havebeen built on 20 years of technology.

From the maturity perspective, there areover 1,000 ERP customers – a number

which speaks for itself.

"we have to move

all of our

applications to the

cloud"

myth #2

Having multiple servers or data centersunquestionably comes with a high cost.However, is moving everything to the

Cloud really worth it? Your company willneed to consider its strategic

investments, evaluate what makes senseto be kept in-house and what Oracle cantake care of in the Cloud by using best of

breed technology.

"on premise

applications are

more secure than

cloud ones"

myth #3

Security is a risk for most companies;some even have their own Chief SecurityOfficer (CSO). Oracle is the only vendor

who can secure the application,

database and hardware layers since theybuild all of these components. On top ofthe security of the applications, Oracleeven offers “embassy grade” security fortheir data centers. Ultimately, Oracle’sentire Cloud strategy rests on providing

world class security.

"we can just

migrate oracle ebs

to the cloud"

myth #4

Running only one script to geteverything to the Cloud? That’d be thedream come true. Even though there aremany similarities between EBS and theCloud – same ledger structure, samechart of accounts – many other thingsare fundamentally different and there’sno practical way to migrate them. Howwe’ve done business in the past 10-15years compared to how we do businesstoday has significantly changed, yourbusiness has probably evolved as well,and moving to the Cloud is a greatopportunity to have your applications

reflect that.

"multitenant is the

best way to do

cloud"

myth #5

The commonly used single database,

shared with everyone, is nothing if not ateam player: if something goes down,

then all customers go down with it. Yourdata might be compromised to a certain

extent, but you don’t need tocompromise to much anymore. Oraclehas chosen a dedicated, virtualized

tenancy for the Cloud which is simplifiedand secure. You get your isolated,

virtualized environment with dedicatedcomputing resources providing greatflexibility in your daily operations.

"moving to the

cloud will cost a

fortune"

myth #6

Nowadays, companies don’t need tomake a huge investment to be able touse best of breed ERP systems. It used tobe a million dollars to get Hyperion

Planning. Now, we are talking about lessthan $50K. However, while Oracle takescare of the technical backend, there’s stilla lot of work to be done for maintainingit. So when you move to the Cloud, makesure you include these ongoing expenses

in your budget.

"once we implement,

we are all set"

myth #7

Oracle takes care of the technicalbackend of the Cloud applications,but you still need to maintain it.There are two upgrades every year,you need to decide what new

functionalities you want to take in.

Make sure you include budget for on-

going activities.

"my business is

unique and needs

customizations"

myth #8

Companies often think that theirbusiness is so unique that they will needmultiple customizations. In the end,

however, most realize that thefunctionality they need has been

available in the business software formany, many years. Oracle continues toadd new features and functionalities toeach software release, but there are

some cases where adjustments are stillnecessary. In particular with SaaS, Oracleprovides the option to customize yourapplications - it's called Platform As A

Service (PaaS). With PaaS, you can createyour own modules and functionalities.

"cloud cannot

handle our

international

subsidiaries"

myth #9

It depends. North America and EMEAare covered pretty well especially with

Cloud Release 11. However, theglobalizations are things like “in

Switzerland you have to collect thereligion for each employee, while inthe US that’s illegal”. The other thingsare localizations, which vary from onecountry to another, like VAT integrationin Brazil, asset reporting in India –

those need to be considered on a caseby case basis.

"only big companies

can run oracle

cloud"

myth #10

A few years ago, when people startedtalking about the Cloud, one of themost common doubts that appearedamong C-level executives was whether

Oracle Cloud was only for bigcompanies. These days, Oracle hasopened up the Cloud for new

customers from a price and complexitystand point and that has changed

everything...