- Oracle Applications Financials – Part 3 - July 4, 2017
- Oracle Applications Financials – Part 2 - July 4, 2017
- Oracle E-Business Suite – ERP For Beginners – Part 1 - July 3, 2017
Big businesses which work in the field of Manufacturing, Trading, Information Technology, Chemical, Telecom, Pharmaceutical Industry, Oil & Gas, Construction, Textile, Retail, Governmental Agencies and Financial need to maintain their day-to-day operations.
Operations like Buying, Selling, maintaining Stock or Inventory, getting Sales Orders, placing Purchase Orders for goods, maintaining Accounts, keeping stock of Bill of material (BOM) in case of manufacturing units and many more operations or activities.
Oracle Corporation have created huge software known in the category of Enterprise Resource Planning (ERP) as Oracle Applications or E-Business Suite to help big organizations to track their day to day operations.
Oracle E-Business Suite is a collection of software’s known as modules that are integrated and talk to each other, to support all the needs of businesses to maintain their day to day operations.
Lets understand in detail about oracle applications. to understand about oracle application we should be aware of concept of Enterprise Resource Planning (ERP).
ERP – Enterprise Resource Planning
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources.
Term has evolved from material requirement planning concept. In today’s world of Total Quality Management and Just In time manufacturing businesses require Enterprise Resource Planning.
Today business can implement large integrated software for most common business practices, which is considered to be backbone for any business.
What is Oracle Applications or E-Business Suite?
The software utilizes Oracle’s core Oracle relational database management system (RDBMS) technology.
Significant technologies incorporated into the applications include the Oracle database and related technologies like RDBMS, PL/SQL, Java, .NET, HTML and XML.
Oracle Corporation brands the online technical documentation of E-Business Suite as eTRM “E-Business Suite Technical Reference Manuals”
In this article i am focusing on Oracle Applications Financials module which falls under Enterprise Resource Planning (ERP) category.
ERP Vendors Available in Market
There are multiple players in the field of ERP market. There is battle among SAP, Oracle and Microsoft, these three are leading ERP vendors in the market.
Each vendor has its own set of strengths, weaknesses and trade offs that tend to neutralize the appeal of each of these leading ERP systems.
Each vendor has its own niche and a relatively even market share. Looking at the year ahead, it is likely that each of their positions will look slightly different than they do today.
SAP still continues its dominance of larger enterprises, Microsoft will increase its prominence among small and mid organizations, whereas Oracle has the unique advantage of further to make way through both sides of the implementations (small and large).
I am comparing few of the available vendors, who are market players in the field.
|Epicor||Infor||Microsoft ERP||Oracle ERP||SAP|
|Long history of reputable products||3rd largest global ERP maker||Over 83,000 ERP customers||Over 37,000 application customers||More than 35,000 customers, 120 countries|
|Over 20,000 customers, 140 countries, 30 languages||Over 70,000 customers||Strong SMB/mid-market solution||Claim #1 CRM market share leader||Claim #1 CRM market share leader|
|In major growth mode||Several different ERP systems||Very strong partner channel||#2 ERP market share leader||Built the client/server ERP market|
|Reasonable VAR channel||Vertically focused ERP solutions||Only sold through VAR channel||30 year proven credibility||Definite #1 ERP market share leader|
|Several strong industry solutions||Lean manufacturing capabilities||Multiple ERP products||New SOA architecture||Very impressive distribution/SCM|
|ERP consultant strength||Complex and discrete manufacturing||ERP road map questionable||Deep software functionality||Several industry solutions|
|MS/SQL/SOA technology||Process manufacturing||Solutions often vary by global region||Outrageous flexibility||Netweaver, SQL and a chasm of technologies|
|Low to moderately priced||Strong distribution and SCM||MS/.Net/SQL technology||Technology is the Oracle stack||Priced at the high end|
|Low to moderately priced||Low to moderately priced||Priced at the high end|
Oracle Applications Financials is covered in detail in my next articles.
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