Post on 23-May-2020
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Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Transform Your Business with a Modern ERP Business Driven. Technology Powered.
Hirak Kayal Vice President, Product Management India and PPM/JAPAC
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
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SUCCESS? Businesses that thrive, rely heavily on innovative technologies, especially cloud computing*
* Source: StorageCraft, Cloud Computing Driving Corporate Success, May 2013. ** Source: Advancing Business Innovation Through the Cloud, Saugatuck Technologies *** Source: ERP in the Cloud and the Next Generation Enterprise, IDC, November 2013.
Winners in the new competitive landscape will be those businesses that adopt cloud solutions to fundamentally change their business models, not simply to improve the efficiency of IT**
To adequately respond to these pressures 5
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Technology
Business Strategy
Finance is the Nexus of Strategy and Technology
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of CFOs have the IT function reporting to them
45%
Source: FEI Gartner Survey
42% 39%
2011 2012 2013
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Finance has been a leading adopter of technology…
Our Heritage
1960 1990 2000
Mainframe Computing
Client-Server Computing
Internet Computing
Service Oriented Architecture
Cloud, Social, Mobile, Analytics
2010
Mid range Computing
1980 1970
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Global CFOs rank which functions leverage technology most effectively to support the business
Finance Function is Falling Behind
HR 1
66%
Sales 2
63%
Proc 3
57%
Risk 4
56%
Finance 5
52%
Source: Oracle-Accenture Research: Empowering Modern Finance: The CFO as Technology Evangelist, February 2014
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Strategic priorities for global CFOs: 2013-2015
CFOs Want to Modernize Finance
Restructure the Finance Skill Set
• Data analysis
• Systems expertise
• Business partnering
Leverage High-Impact Technologies
Improve Speed of Decision-Making
• Big Data
• Mobile
• Cloud
• Respond faster to internal and external clients
• Flex the business model in response to change
Source: Oracle-Accenture Research: Empowering Modern Finance: The CFO as Technology Evangelist, February 2014
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Efficient Service Delivery
Historical Reporting
Annual Planning
Controls for Compliance
Efficient Transaction Processing
Modern
Effortless Employee Experience
Predictive & Proactive Analysis
Continuous Planning & Budgeting
Controls for Performance
Right-time Decision Making
Finance has Evolved
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Classic
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
How CFOs View Digital Technologies
Source: Real-Time Survey Results from 2013 CFO Summit at Oracle OpenWorld (190+ executives)
43% Supporting growth
initiatives
22% Improving customer
interactions
27% Improving competitive
position
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Transforming How Businesses Create Value
Digital Technologies
… will boost operating profits by 10% or more by 2015
Source: 2012 McKinsey Global Survey of C-levels Worldwide
MOBILE BIG DATA / ANALYTICS
CLOUD SERVICES SOCIAL BUSINESS
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Transforming How Businesses Create Value
Digital Technologies
Source: 2012 McKinsey Global Survey of C-levels Worldwide
MOBILE SOCIAL BUSINESS BIG DATA / ANALYTICS
CLOUD SERVICES
$29+ billion in social media
revenue by 2015
57% agree investments in big data and analytics will be a key source of competitive advantage
76% of CFOs see cloud computing as important to success within next
12-18 months
$1+ trillion in mobile ecommerce
revenue by 2017
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Is Finance Anti-Social?
When CFOs think of SOCIAL, they think of leisure use of
But COLLABORATION is a high priority
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The average worker collaborates with 10 or more people to accomplish day to day tasks Source: CEB Corporate Leadership Council High Performance Survey, 2012
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Social Collaboration Benefits Within Finance
• Benefits of Social Collaboration
– Reduced communication and travel costs
– Increased employee satisfaction and retention
– Increased speed of education and knowledge
• How is Finance Leveraging Social Collaboration
– Better collaboration in the close process
– Improved visibility to “who did what when” for faster issue resolution
– Increasing speed of access to internal experts
…external social networks are influencing the collaboration systems that are being developed for the inside of enterprises. As those evolve, they will change the way employees will work together and the level at which they collaborate.”*
* Source: Putting Social Networks to Work, IT Value, August 01, 2012, CFO Magazine
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Social tied to transactions
Secure Collaboration
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Transforming How Businesses Create Value
Digital Technologies
Source: 2012 McKinsey Global Survey of C-levels Worldwide
MOBILE SOCIAL BUSINESS BIG DATA / ANALYTICS
CLOUD SERVICES
57% agree investments in big data and analytics will be a key source of competitive advantage
76% of CFOs see cloud computing as important to success within next
12-18 months
$1+ trillion in mobile ecommerce
revenue by 2017
$29+ billion in social media
revenue by 2015
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
In 8 Years….
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Mobile is a Must for Modern Finance
investment priority for CFOs over the next three years Source: 2013 global survey of 930 CFOs commissioned by Oracle and Accenture
of CFOs and IT executives say mobile technology will be important for their companies’ success within the next three years
Source: The Expanding Role of the CFO: Using Technology to Drive Value for the Business, CFO Publishing LLC, November 2011
#1
89%
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Mobile Enterprise Performance Management
Available applications easily distinguishable by color coding
Units requiring attention provide summary information giving user context
Easily switch POV through filters
Increase productivity with multi-select
Intuitive user interface
• Common workflow app across Planning, Financial Close and Tax applications
• Available on smart phones and tablets
• Targets on-the-go review and approval by managers and executives
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Mobile Device Finance Trends
With more demand to move financial data to a mobile device, certain financial activities and business processes will need to evolve
Mobile finance trends
• Now
– Expense reporting
– Approvals
– Static financial reports
• Next
– Month-end close
– Dashboards
– Interactive reports
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Transforming How Businesses Create Value
Digital Technologies
Source: 2012 McKinsey Global Survey of C-levels Worldwide
MOBILE SOCIAL BUSINESS BIG DATA / ANALYTICS
CLOUD SERVICES
57% agree investments in big data and analytics will be a key source of competitive advantage
76% of CFOs see cloud computing as important to success within next
12-18 months
$1+ trillion in mobile ecommerce
revenue by 2017
$29+ billion in social media
revenue by 2015
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Things Life
The Datafication of Everything
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Thoughts
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
22× 2011-2016
12.5 Billion 2020
1.3 Billion 2013
Smart Device Growth Data Production Increase
(Things)
Just the Beginning
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Use Data
12%
Executives who feel they understand the impact data
will have on their organizations*
Produce Data
Where’s the Value?
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Source: In Search of Insight and Foresight-Getting More Out of Big Data Economist Intelligence Unit, 2013.
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Customer Analytics
New Market Opportunity
Business Performance
Risk Management
! !
!
! !
!
Turning Big Data to Big Insights
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Where is your organization?
Are You Spending Time on the Right Things?
Collecting Data
Collecting Data
Maintaining Spreadsheets
Developing Reports
Other Activities Performing Analysis Developing Reports
MON
TUE
WED
THU
FRI
Maintaining Spreadsheets
Collecting Data
Performing Analysis
Interacting with Decision Makers
Other Activities Strategic Initiatives Personal Development
Interacting with Decision Makers
MON
TUE
WED
THU
FRI
Performing Analysis
CLASSIC FINANCE MODERN FINANCE
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Foundation for Insight
STANDARDIZE. AUTOMATE. SIMPLIFY.
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Transforming How Businesses Create Value
Digital Technologies
Source: 2012 McKinsey Global Survey of C-levels Worldwide
MOBILE SOCIAL BUSINESS BIG DATA / ANALYTICS
CLOUD SERVICES
57% agree investments in big data and analytics will be a key source of competitive advantage
76% of CFOs see cloud computing as important to success within next
12-18 months
$1+ trillion in mobile ecommerce
revenue by 2017
$29+ billion in social media
revenue by 2015
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Financials Cloud Adoption 24%
Have a cloud-based system for core financials
Have a roadmap for adopting core financials in the cloud
45%
Finance Executives are Ready
Source: “Empowering Modern Finance: the CFO as Technology Evangelist”, February 2014, Oracle and Accenture Research
of CFOs said their use of the cloud was triggered by the need to deploy an upgrade or new implementation
58%
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Top Reasons for Moving to Public Cloud
41.3%
40.5% 40.4% 40.3%
39.0%
37.5%
38.0%
38.5%
39.0%
39.5%
40.0%
40.5%
41.0%
41.5%
Get access to the newest functionality faster
Increase revenues by enabling us to build new revenue-generating products
and services faster
Improve resource utilization Reduce the total size of IT budget
Give business units more direct control over sourcing their own IT solutions
Source: IDC CloudTracker Survey 2013, n=1109
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Top Inhibitors to Public Cloud Adoption
49%
35% 33% 32% 31%
0%
10%
20%
30%
40%
50%
60%
Security Regulatory Compliance Reliability Depth of functionality IT Governance
Source: IDC CloudTracker Survey 2013, n=1109
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Application Layer
Platform Layer
Infrastructure Layer
ERP
Marketing
Sales
Service
HCM
Talent
LAYERED
SECURITY
FEDERATED
CONTROLS
COMPLIANCE
Oracle Cloud Protects Data From the Inside Out
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Oracle Cloud – Global Data Centers*
• Unsurpassed Global & Regional Coverage
• 19 State of the Art Facilities
• Baseline 99.999% Availability of Power / Cooling
• 24X7 Active Monitoring and Support
*Data center strategy subject to change
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Complete enterprise breadth
Oracle Cloud
Social Marketing
Sales
Commerce Service CPQ
Integrated Customer Experience Foundation
Integrated Applications Foundation
Social Network Mobile Analytic KPIs
& Dashboards Predictive Analytics Integrations
Globalizations and Statutory Localizations
Web
Mobile
Social Analytics User
Experience Personalized
Connected
Secure
Global HR Talent Financials Projects Procurement Planning & Budgeting
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Define Strategy and Architecture
Reduce Complexity and Increase Automation
Monitor and Maintain
Ongoing Support and Education
Achieve New Operational Efficiencies
Faster adoption and maximum performance of Oracle
Cloud Lifecycle Services
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Most Used Applications on Public Cloud
21.2% 20.9%
19.6% 19.3%
18.9%
17.5%
18.0%
18.5%
19.0%
19.5%
20.0%
20.5%
21.0%
21.5%
CRM Applications (Marketing
automation/Sales automation)
CRM Applications (Call center/
Contact center)
Supply Chain and Logistics Enterprise Resource Planning (Human Resource
Applications)
Enterprise Resource Planning
(Financial/Accounting Applications)
Sales & Marketing
Service (Call Center)
Logistics
HCM
ERP/ Financials
Source: IDC CloudTracker Survey 2013, n=1109
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2nd Generation SaaS for Today’s Modern Business in the Cloud
29 Million Active Users/Day
19 Global Data Centers
8 Million Fusion Cloud Users
#2 SaaS Provider in the World
27 Billion Transactions/Day
14 Years Managing Enterprise Clouds
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How Oracle Helps You Succeed in a Digital World
MODERN BUSINESS
MODERN CLOUD PRACTICAL PATH practices for every function in your enterprise
that is personalized, connected and secure
to the cloud for customers to achieve business goals
Copyright © 2014 Oracle and/or its affiliates. All rights reserved.
Modern Finance Modern Cloud
Mobile Social
Analytics
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Digital transformation is too often applied selectively in narrow pockets, particularly in sales and marketing. The average bottom line impact from digital sales over the next five years is 20 percent; but the bottom line impact from cost reductions averages 36 percent.
Mckinsey 2013
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Let Us Help You Get Started
• Attend Weekly Velocity Demos –Financials on Thursdays at 1 pm CT
–Projects on Thursdays at 11 am CT
–Procurement on Thursdays at 2 pm CT
–Modern SaaS Cloud Architecture on Fridays 12:00 pm CT
• Check out Oracle.com –www.oracle.com/erp
– cloud.oracle.com/finance
• Hear from customers that have moved to the cloud
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