EBS to Cloud Services

Oracle EBS is an integrated group of business applications designed to automate essential tasks across departments such as Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and Supply Chain Management (SCM). These applications are highly customizable and help businesses streamline processes, maintain data integrity, and improve report accuracy.

While EBS is a powerful tool for managing various business operations, its on-premises deployment has several limitations that can hinder an organization’s growth and efficiency.

Limitations of Oracle EBS as an On-premises Solution

Businesses are continuously faced with a need to optimize processes and reduce operational costs. There is pressure on retaining customers due to aggressive marketing by competitors, and the rationalizing of internal processes have become a necessity. Such continuous pressure on revenues has made the senior management in major companies to take notice.

And the need for data enrichment has caught everyone’s attention. But hosting the infrastructure in-house leads to huge costs and the requirement of allocating men and resources for managing the overall software. It becomes necessary to find a suitable replacement and ensure business stability at the same time.

Why customers love Oracle Cloud Applications

On-premises EBS systems need a significant investment in hardware, IT resources, and continuous maintenance. This increases the TCO and impacts overall profitability. For 49% of the surveyed companies, cost reduction is a reason to modernize their legacy systems.

Hardware and Maintenance Responsibilities

Organizations with EBS systems are required to manage and maintain their own hardware. It includes applying security and technical patches, maintaining the operating system, and performing software updates.

IT Resource Allocation

Many organizations lack core IT expertise. Therefore, maintaining an on-premises EBS system can overburden your IT resources and often lead to lower productivity. This misallocation of resources can hinder an organization’s ability to stay competitive and agile in the market.

Staying Up to Date with Technology and Security

On-premises EBS relies on manual updates, which can be a slow and error-prone process. This can leave your organization exposed to security risks and hinder operational efficiency. A major concern for many – per this report, security is one of the key drivers for 58% to modernize their legacy applications.

Benefits of Migrating to the Cloud

Enhanced Efficiency and Accessibility

With cloud services, users can access the system from anywhere and at any time through the internet. This enhanced flexibility supports remote work environments, enabling resources to work efficiently from different locations.

Cost Effectiveness

Migrating to the cloud environment means operating on a subscription basis, where you pay for what you use. This significantly reduces the upfront investments on hardware and lowers the barrier for small businesses to leverage advanced business applications.

Seamless Collaboration & Increased Efficiency

Cloud-based infrastructure allows seamless collaboration of different teams to a centralized data hub – ensuring all the resources have access to the latest and accurate information. This is crucial for making informed decisions, faster.

Improved Security and Compliance

Cloud vendors maintain high standards of data protection. These vendors have dedicated teams that constantly monitor, identify, and patch security threats quickly. The cloud providers also ensure they comply with the latest regulations and standards and free your in-house IT professionals from these burdensome tasks.

Innovation and Upgrades

Cloud platforms are continuously updated and upgraded with the latest enhancements. Companies on cloud can take advantage of the latest features and improvements without manually updating the system or bearing downtime that typically accompanies traditional upgrade paths.

Sustainability

Migrating to the cloud can significantly reduce a company’s carbon footprint. Cloud vendors use energy-efficient data centers and scalable resources to lower energy consumption and reduce waste. This helps businesses achieve their sustainability goals while maintaining high performance and efficiency.

Why Migrate from EBS to the Cloud?

The decision to migrate EBS to a cloud platform offers numerous benefits including enhanced capabilities that not only address the limitations of an on-premises system but also align with modern business needs. Whether you have concerns about your sensitive data or high-performance needs, cloud deployment can exceed on-premises performance, security, and costs, often at a lesser upfront investment and lower employee overhead.

An article on cloud computing in Europe states that European companies measure cloud impact primarily through IT metrics: 71% focus on operational improvements, 66% on cost savings, and 63% on the number of cloud applications. However, only about 33% monitor non-IT outcomes like cost savings outside IT (37%) or new revenue generation (32%).