Oracle E-Business Suite (EBS) was among the top choices in the on-premises ERP era. Since then, ERP has evolved into a SaaS model. Oracle ERP Cloud empowers finance and operations to continuously innovate and outpace market change with a cost of ownership that’s significantly lower than any other on-premises ERP.
In the previous article we discussed about Modernizing Oracle EBS with lift and shift to Oracle Cloud Infrastructure (OCI). In this article, we’ll discuss about switching to Oracle ERP Cloud.
When to move to the ERP Cloud?
Let’s look at the instances when Oracle EBS customers might want to move to the ERP cloud. Possibly, you are at a point where you need to upgrade Oracle EBS, and you want to avoid the time and expense of upgrading your on-premises environment. Perhaps it’s becoming more difficult, time-consuming, and costly for your organization to maintain your current environment. You may be hearing feedback from end users that your current environment can’t keep pace with business needs. Or, you want to add more modules, then you may want to evaluate on-premises versus cloud ERP.
Here are some of the common use cases for migrating to Oracle ERP Cloud from on-premise EBS:
1. On-premise upgrade doesn’t seem worthwhile: If the benefits of upgrading Oracle EBS don’t seem worth the cost and effort, a migration to cloud SaaS could be a better option. With SaaS, you won’t have to worry about any future upgrades, end of support timelines, or additional infrastructure investments. Further, Oracle is dedicated to making the migration as easy and efficient as possible.
2, You don’t have complex customizations: Customization is one of the most common deterrents for most customers when it comes to moving to Oracle ERP Cloud. And this concern is justified due to the complexity of maintaining and replicating the customizations on cloud. However, some organizations are running EBS more or less out of the box with few customizations. In such cases, moving to Oracle ERP Cloud makes more sense and delivers more benefits as compared to staying on-premises.
3. You want to reduce your infrastructure costs: Moving to cloud helps you to reduce the cost of managing and maintaining your IT systems. Rather than purchasing expensive systems and equipment for your business, you can reduce your costs by using the resources of your cloud computing service provider. You can reduce your operating cost because the cost of system upgrades, new hardware, and software can be included in your contract.
4. You want to expand your business across geographies: Organizations that are adding new locations, or introducing new markets then switching to Oracle ERP Cloud makes sense as implementing ERP Cloud is easier than onboarding them onto Oracle EBS.
Key Advantages of Oracle ERP Cloud:
The Oracle ERP Cloud is a robust package that organizations should contemplate if they use a legacy on-premise version. It has several benefits over ‘on-premises’ version of the product such as:
- Lower TCO
- Enhanced Performance
- Ease of Maintenance
- Reduced IT Costs
- Flexibility and Scalability
- Automatic Updates
- Business Continuity
- Collaboration Efficiency
While there is no easy answer to the ‘Stay on-prem or migrate to cloud’ debate, we have seen that there can be good business and cost driven reasons to migrate to cloud. However, despite several benefits of moving to Oracle ERP Cloud, it’s natural to feel anxious about the migration process. Some common concerns include the possible loss of custom functionality, tight integrations with other internal or third-party systems, or potential disruptions to the business. This is where an experienced Oracle partner such as Clover Infotech comes in. With a dedicated team of Oracle EBS as well as Oracle ERP Cloud experts, we can address your specific concerns to help you overcome any barriers that may prevent you from moving to the cloud.
If you wish to know more and need assistance in your cloud journey, write to us at email@example.com and our team of experts will be glad to assist you. You can also avail a FREE 30-minute consultation to understand the various aspects of your Oracle ERP modernization journey better.