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Friday, March 29, 2024

Oracle adds powerful pre-packaged enterprise analytics for Fusion ERP

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Oracle Openworld, San Francisco — Continuing its aim to transform all organizations into data- and insight-driven experts, Oracle today announced availability of its first Oracle Analytics for Applications offering, designed for the Fusion Cloud enterprise resource planning applications, Oracle ERP Cloud, that companies use to run financial processes.

Oracle Analytics for Fusion ERP provides line-of-business users and decision makers with personalized analytics and improved cross line-of-business analytics. Built on top of one of the most advanced analytics platforms, Oracle Analytics Cloud powered by the industry’s first autonomous database, Oracle Autonomous Data Warehouse, Oracle Analytics for Fusion ERP delivers integration with Oracle ERP Cloud, a pre-built data pipeline, data model and best practice KPIs. With machine learning-driven insights and self-service analytics. Customers can monitor and improve business performance and align decisions and data across the enterprise with consistency.

“Our customers and the industry demand analytics that permeate their entire enterprise with effortless access to powerful intelligence,” said T.K. Anand, senior vice president, Oracle Analytics. “With Oracle Analytics for Applications, we put data and analytics in the hands of the people that need it, from the line worker to the boardroom, allowing everyone to play an active role in aligning and achieving top and bottom line growth.” 

Now, organizations can realize the value of packaged analytics applications in the cloud thanks to an Oracle-managed data pipeline and best practice content. Oracle Analytics for Fusion ERP includes dashboards and visualizations delivered via the Oracle Analytics Cloud, connecting the entire enterprise and unifying KPIs across functions for a holistic view of enterprise performance. In the future, Oracle Analytics for Applications will add further integrations and pre-built content for other Oracle Cloud Applications, including applications for human capital management (HCM)customer experience (CX) and supply chain management (SCM).

“The availability of Oracle’s leading analytics capabilities pre-packaged for ERP will provide our teams with the visibility and personalization we need to drive greater collaboration across our enterprise,” said Bill Roy, senior director, Enterprise Performance Management & BI, Western Digital. “We are able to deploy it rapidly, and the seamless integration with Oracle ERP Cloud and out-of-the-box content will offer our teams significant value.”

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Oracle Analytics for Applications includes a fully Oracle-managed data pipeline and warehouse, a ready-to-use semantic model and an integrated user experience across self-service data discovery, reporting and dashboards for business users, functions and processes. Delivering seamless access to insights in the cloud, on the desktop and mobile, Oracle Analytics for Applications is extensible and customizable. In addition, customers can bring in data from external sources to combine with their Oracle ERP Cloud data. All line-of-business users gain access to pre-built business content and insights. With an out-of-the-box data pipeline, data models and autonomous database capabilities, Oracle Analytics for Applications requires no database design, tuning, ETL or data modeling — freeing IT from creating and maintaining the data environment.

“Oracle Analytics for Fusion ERP accelerates our ability to provide quick and easy access to data,” said Vikram Singhvi, head, Internal Business Systems, Dropbox. “Self-service enables users to create visualizations and analyze the data at will. Pre-packaged KPIs will give us speed and agility. Oracle Analytics for Fusion ERP will deliver rich financial insights that will speed up the decision-making process for our finance users.”

“Data is a critical business asset, but most organizations are still not using their data to effectively drive business insights and mostly focus on Operational Reporting,” said Richard Solari, managing director, Deloitte Consulting LLP and cognitive leader. “Oracle Analytics for Applications have been built to deliver in all areas of enterprise analytical needs and offer leading analytics functionality as well as next generation domain specific content, allowing our clients to quickly capitalize on the breadth and depth that the new analytical applications provide for the Oracle Cloud.”

Oracle Analytics

Oracle Analytics for Applications is a core pillar of Oracle Analytics, Oracle’s newly simplified single brand that connects data, analytics and applications, and addresses the needs of business users, analysts and IT. Oracle Analytics empowers customers with industry-leading AI-powered self-service analytic capabilities for data preparation, visualization, enterprise reporting, augmented analysis, and natural language processing (NLP). Oracle Analytics also includes Oracle Analytics Cloud and Oracle Analytics Server. 

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