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Test designation : Oracle Inventory Cloud 2017 Implementation Essentials
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Legendary investor Warren Buffett talked about Monday he does not hold in intuition the cloud, and that's why his commerce bought off a greater than $2 billion stake in Oracle simply 1 / 4 after buying it.
The “Oracle of Omaha” told CNBC that Berkshire Hathaway's exit from Oracle become pushed by course of his confusion around the condition of the bigger cloud industry, even as he sees the exact suppliers enjoying mammoth success.
"i occupy been amazed at what Amazon has done there, and now Microsoft is doing as neatly. I just don’t understand where that online game goes," Buffett referred to.
[Related: ISVs On Oracle: Three SaaS Vendors define Why They Chose OCI]
Omaha, Neb.-based Berkshire Hathaway offered its 41.four million shares, charge about $2.13 billion, in Oracle inventory in the fourth quarter of 2018, in keeping with a 13F submitting with the U.S. Securities and change commission. Berkshire first got Oracle shares simplest in mid-November, the previous quarter—an unusually short turnaround for a typically tech-shy investor that by and large makes a speciality of longer time frames for its holdings.
"After I every single started purchasing it, I felt I nonetheless did not understand the enterprise," Buffett preeminent of Oracle, the Redwood Shores, Calif.-headquartered budding public cloud company. "I truly changed my intellect when it comes to knowing it, now not in terms of evaluating it."
within the interview, Buffett praised Oracle founder and CTO Larry Ellison, and preeminent he believes "Oracle is a pretty genuine business."
however a ancient investment in IBM coloured his view of maintaining Oracle for the lengthy haul.
"chiefly after my event with IBM, I don’t believe I engage note precisely the Place the cloud goes," Buffett referred to.
In 2011, Berkshire bought $10.7 billion of huge Blue at roughly $170 per share. Buffett offloaded most of that position at a loss in 2017.
Two Oracle shareholders on Tuesday sued the database gigantic and its board of administrators for allegedly deceptive buyers concerning the skills of its cloud company.
The civil grievance, filed in a San Jose district courtroom in the united states, accuses Oracle executives of omitting cloth records in public communications and making fraudulent statements in 2017 forecasting rosy cloud revenue.
amazing fiscal results, above every single in cloud, that yr, the grievance alleges, occupy been pushed by using threatening current consumers with licensing audits, lowering consumer advocate for on-premises techniques to power consumers toward cloud service, and perilous fee increases on legacy database licenses if customers looked to other cloud vendors.
"[Oracle] needed to depend on these coercive practices for the intuition that its cloud-primarily based offering is a 'naked-bones minimal doable product,' not 'a complete and fully integrated stack of applications' as [Oracle] represented," the grievance says, citing a Gartner assessment of Oracle's cloud stack.
Allegations alongside these traces occupy been made in other lawsuits, equivalent to A&E Adventures' title towards Oracle closing yr. The amusement biz pointed out Oracle tried to compel it to rush from an on-premises element-of-sale materiel to its Simphony cloud service.
Tuesday's lawsuit echos an analogous title with the aid of the metropolis of daybreak Firefighters' Pension Fund, which sued Oracle final yr claiming economic mismanagement.
Oracle confirmed an hobby in retaining purchasers away from competing cloud services returned in 2017 when it changed its cloud pricing coverage to manufacture it extra expensive to evade Oracle software on third-party cloud infrastructure.
The wheels came off the wagon in March 2018, based on the court submitting, when Oracle suggested cloud enlarge had stagnated and forecast slower cloud growth than opponents, leading to a share rate decline of about 10 per cent.
Oracle's determination in June 2018 to cease disclosing selected cloud section outcomes in its economic reports has best made it extra intricate for investors and analysts to engage note what's happening.
The criticism argues that Oracle's executives and administrators occupy breached their fiduciary responsibility as a result of they knew, or may still occupy widely used, that the glowing boom reports were inaccurate. It additionally accuses Larry Ellison, Safra Catz, brand Hurd and eleven other board individuals of indecent mismanagement, waste of corporate property, and SEC suggestions violations.
It further states that the plaintiffs couldn't quiz the board to intervene as a result of at least the majority of board individuals aren't unbiased as declared in SEC types. They can not be relied upon to sue themselves for violation of fiduciary obligation, its claimed, as a result of that would expose them to liability and threaten their livelihoods.
Oracle declined to comment. ®
built-in synthetic intelligence and intuitive dashboards aid agents forestall overstocking and enhance client satisfaction
REDWOOD SHORES, Calif., Feb. 5, 2019 /PRNewswire/ -- agents can now ameliorate stock administration via a single view of exact throughout their whole product lifecycle with the subsequent generation Oracle Retail exact Forecasting (RDF) Cloud service. With developed-in desktop researching, ersatz intelligence and option science, the providing permits marketers to profit pervasive cost across retail approaches, permitting for finest planning strategies, diminished operational costs, and greater customer delight. additionally, modern, intuitive dashboards ameliorate operational agility and workflows, adapting immediately to modern suggestions to enlarge stock results.
Oracle emblem (PRNewsfoto/Oracle)extra
The providing is allotment of the Oracle's Platform for up to date Retail, every single built on the cloud-native platform and aligned to the Oracle Retail Planning and Optimization portfolio. be taught more about Oracle Retail exact Forecasting Cloud carrier right here.
"As customer developments continue to evolve quicker than ever earlier than, it be necessary that sellers ride rapidly to optimize inventory and demand. Too tiny inventory and clients are disenchanted. Too a whole lot and sellers occupy a base line problem that results in unprofitable discounting," pointed out Jeff Warren, vice chairman, Oracle Retail. "we've distilled over 15 years of forecasting undergo throughout hundreds of dealers global into a complete and up to date solution that maximizes the forecast accuracy for the entire product lifecycle. Their purchasers requested, and they delivered."
for instance, the providing was evaluated in opposition t the statistics of a massive specialty retailer following the 2017 demolish season. The situation ran 2.2M devices sold, representing over $480M in profits. With the forecast accuracy improvements, the retailer could occupy accomplished the equal income with as a minimum 345K gadgets less of inventory. In tandem, the retailer might occupy enhanced 70 % of promotional forecasts the exhaust of completely computerized subsequent-technology forecasting statistics science– every single whereas offering the equal level of service to customers.
"As unified commerce revenue develop, the skill to steer every single four commerce activities (demand planning, give planning, stock planning, and income and operations execution/merchandising, stock and operations execution) across every single sales channels becomes even more vital. A 2017 Gartner survey of give chain executives highlighted the import organizations region on their planning capabilities." Of the "precise three funding areas from 2016 through 2017, 36% of retail respondents stated upgrading their exact management capabilities," wrote Gartner consultants Mike Griswold and Alex Pradhan. supply: Gartner Market e-book for Retail Forecasting and Replenishment solutions, December 31, 2018
Maximizing Forecast Accuracy throughout the Product Lifecycle
With the subsequent era Oracle Retail exact Forecasting Cloud provider, agents can:
About Oracle Retail
Oracle is the up to date platform for retail. Oracle offers sellers with an entire, open, and integrated platform for finest-of-breed enterprise functions, cloud functions, and hardware that are engineered to labor together. leading trend, grocery, and distinctiveness retailers exhaust Oracle solutions to quicken up from finest apply to next apply, compel operational agility and refine the consumer experience. For greater suggestions, talk over with their website at www.oracle.com/retail.
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REDWOOD SHORES, Calif., Oct. 17, 2017 /PRNewswire/ -- Today, Oracle announced that Argentinian hardline retailer Ribeiro has selected Oracle Retail Merchandising, Planning & Optimization and Supply Chain solutions to empower operational discipline to attract, retain and serve their Omnichannel customers. Ribeiro is a family owned company offering household items and electronics that established operations in 1910. Today Ribeiro is managed by the third family generation that operates over 82 stores, the convene headquarters and a robust online presence. To wait pertinent to the changing consumer, the company decided to modernize and incorporate more technology to anticipate consumer demand.
In this journey, Ribeiro realized the need to adopt worldwide best practices by replacing its proprietary legacy software, to allow the company to structure its Omnichannel operations, and integrate physical stores with e-commerce and the back office. After analyzing several market solutions, the company chose to extend its relationship with Oracle Retail. Ribeiro will implement Oracle Retail Allocation, Oracle Retail Replenishment Optimization, Oracle Retail Regular charge Optimization and Oracle Retail Store Inventory Management in a staged approach. In 2012 Ribeiro partnered with Oracle to drive growth in the online channel. Ribeiro implemented Oracle Commerce in less than 5 months with noteworthy results.
"We were looking for a implement that would allow us to act faster instead of structure design interfaces with legacy systems. They needed to ameliorate pricing, replenishment and centralized management to accelerate their response to customer demands. They considered Oracle Retail as the best solution in the market to animate Ribeiro to address this challenge," says Dan Attie, Commercial Director at Ribeiro.
The modernization of Ribeiro with Oracle Retail solutions is planned to simplify the reorganization of internal processes, allowing for the definition of pricing goals, commercial action planning and logistics management organization. The implementation will be delivered in stages by Oracle PartnerNetwork Gold level Partners SkillNet and Veltio. The staged implementation will ensue a prescriptive arrangement to minimize the impact on the company's operations and maximize the recur on their investment with Oracle.
"With this implementation, they will gain real-time control of their stores and they will ensure that the selfsame information is shared throughout the company, giving us better decision-making process," explains Attie.
"Our global consumer research, Retail in 4 Dimensions, shows that consumers are open to personalized shopping experiences, communications and tailored offers. They believe that inventory is fundamental to a personalized shopping experience," said Ray Carlin, Senior Vice President and general Manager, Oracle Retail. "With this investment, Ribeiro will gain a single view of inventory to fully advocate the connected shopper experience."
About Oracle Retail:
Oracle provides retailers with a complete, open, and integrated suite of best-of-breed commerce applications, cloud services, and hardware that are engineered to labor together and empower commerce. Leading fashion, grocery, and specialty retailers exhaust Oracle solutions to anticipate market changes, simplify operations and inspire true brand interactions. For more information, visit their website at www.oracle.com/retail.
The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), delight visit us at oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
View original content with multimedia:http://www.prnewswire.com/news-releases/ribeiro-selects-oracle-retail-to-anticipate-demand-and-gain-more-omnichannel-agility-300537763.html
After attending SAP’s flagship conference a few months ago, I left intrigued on the modern pitch SAP made to everyone who attended the conference. There is usually something to entice people with the latest and greatest thing us technologist occupy to have. Basically, generating more sales for SAP. It was S/4 HANA, then Leonardo, and now something called C/4 HANA. It is the tech giant’s attempt to enhance the digital experience, pick up to know the customer better, and directly compete against Salesforce in the CRM space. The “C” stands for customer and the “4” stands for 4th generation. SAP isn’t the greatest when naming its tools and they hold changing acronyms every pair months; however, this aligns with the rest of the HANA platform. C/4 HANA is a rebranding of Hybris and the newly acquired Callidus Cloud technologies to provide a holistic customer experience.
In the press release announcing C/4 HANA, Bill McDermott, SAP CEO, says, “SAP was the final to accept the status quo of CRM and is now the first to change it. The legacy CRM systems are every single about sales; SAP C/4 HANA is every single about the customer.” Really? SAP CRM was the legacy provider and generally behind the status quo. They must occupy conveniently forgot they were the flagship CRM provider with SAP CRM. It was the retreat to CRM application until Siebel and ultimately Salesforce came along and disrupted the whole industry with cloud computing and a no code approach to SaaS. SAP then followed up with CRM on exact and C4C.
With every single that aside, McDermott is correct. CRM systems are more than just sales compel automation, but technologies that animate commerce occupy a single view of the customer. The more they understand their customers through their behavior, orders, people, etc, the better they can service them which ultimately leads to a better relationship and more revenue.
The following does a side by side comparison of both SAP C/4 HANA and Salesforce. It would be impossible to compare everything apples to apples, but I focused on towering level functionality and provided a very simplistic view for understanding purposes. Each application is broken into four major clouds: Marketing, Commerce, Sales and Service. There is an underlying data layer or “Platform” for each application that serves as the base layer for each cloud along with the capability of extending the functionality beyond what each cloud offers.
The current version of SAP Marketing Cloud is similar to salesforce’s Pardot. Both carry out a very genuine job on tracking customer behavior, campaign management, and leveraging machine-based learning for smarter lead nurturing.
However, Salesforce Marketing Cloud is more than just Pardot. They occupy provided other features in Journey Builder, gregarious Studio and Advertising Studio that brings together commerce, sales and service powered by Einstein, ersatz intelligence software, that uses hundreds of millions of data points to track consumer behavior. For example, a marketer can automatically eddy off advertising of a specific product to a customer if a service request has been do in. There is nothing more irritating than having a promotion glint in front of you on how fabulous the product is when you just had an issue with it. Salesforce Marketing Cloud allows you to consolidate every single gregarious media content about your brand and create service tickets existent time to address issues people are posting. Mobile Studio uses location-based technologies and allows you to deliver mobile messages alongside email, ads, and web campaigns to create a consistent customer journey across every channel.
As of today (Aug 2018), only campaign management leverages SAP Leonardo. On the roadmap SAP will further that capability to Lead Conversion Propensity and Customer Retention. One highlight for SAP Marketing Cloud is the Agency Collaboration. It enables customers and marketing agencies to collaborate on marketing activities. You can hand over the keys to the castle for every single marketing activities in your system or allow agencies access to a portion.
Though Salesforce Commerce Cloud is a visionary leader for eCommerce in its ease to install, smooth to manage and simple licensing, it isn’t truly comparable to the vast capabilities of SAP Commerce Cloud. Salesforce made a propel for relevance in the commerce space in 2018 with the purchase of CloudCraze. It gives consumers a personalized shopping journey through multiple channels including web, mobile, gregarious and in-store. However, CloudCraze and Salesforce Commerce Cloud are built on two different platforms and since this is a modern acquisition, the roadmap of integration is still unclear. Additionally, the Commerce Cloud is a one size fits every single approach to any industry. This could require additional investments in customizations or ally channel components to appropriate one’s commerce model.
The SAP Commerce Cloud (previous known as Hybris) as been the leader in the B2B space for nearly a decade. It was named the best commerce platform for 2018 according to the Gartner (magic quadrant below). The industry accelerators, comprising layouts and customer journey templates can pick up customers up and running very quickly. The most significant differentiator is the integration across the C/4 HANA platform. A customer can review their charge lists, analyze inventory levels and notice order document flows from S/4 HANA in SAP Commerce Cloud in existent time without middleware or custom integration. It brings your ERP system to the customer. Additionally, customer service can easily assist customer with issues by having the competence to emulate the customer’s cart and finish off purchases.
Although Salesforce and SAP present similar functionality in this area, SAP’s integration to S/4 HANA gives it a slight competitive edge. The main selling point for the SAP C/4 Sales Cloud is bringing ERP data through to CRM. No need for middleware or integration. Seamlessly connect customer order information, document rush and invoicing into SAP Sales Cloud. This can be done with Salesforce but does require additional adapters to be configured or developed.
SAP has made strides in improving the functionality and user interface, but still occupy some ways to go. Along with the integration, SAP Sales Cloud has endemic features for Leonardo backed account scoring, mapping and route optimization, existent time inventory availability (roadmap for Q3 2018) and, with the CallidusCloud acquisition, a very robust sales person compensation engine.
The Salesforce Sales Cloud is the crux of the salesforce platform and limpid industry leader and stays the leader in the Gartner Magic Quadrant for sales automation for the 12th year in a row. It is significant to perceive at Salesforce Sales Cloud as more than just a sales automation tool, but a platform for commerce visibility and collaboration. It is smooth for a non-technical user to extend the application functionality to address workflow and approval processes throughout the organization. It is viable to carry out in the SAP Sales Cloud, but very cumbersome and clunky.
Additionally, Salesforce reinvented its user interface with the Lightning Experience. They built the interface from the ground up having mobile in intuition with feedback from thousands of customers. It enables salespeople to labor smarter and faster. Everything significant for the salesperson is at their fingertips. For example, the Kanban view for list. A salesperson can update their chance Pipeline by dragging it from one stage to another. With the SAP Sales Cloud user interface, there were too many tabs and clicks to pick up to the information the user really needed. The salesforce user undergo is far better and more intuitive than the SAP Sales Cloud. The user undergo is what drives adoption and should be kept in intuition when reviewing CRM options.
The Salesforce mobile undergo was designed for the phone and the main accent was how many functions can a person carry out with the swipe of a thumb. Salesforce furthermore optimized the interface for the Apple watch. SAP Sales Cloud mobile platform is very similar to the web platform with too many tiny clicks to pick up information. It is not efficient and cumbersome for people on the road.
The functionality between SAP Service Cloud and Salesforce Service Cloud is very similar. The former focusing more on field service requests and the latter focusing on a traditional convene headquarters support. Both provide machine learning for service tickets, information management and smart routing through telephony integration.
The selfsame advantages for each application love above with SAP Service Cloud seamlessly integrated with the back office for invoicing and credits while Salesforce Service Cloud provides the user convenient widgets to address customers very quickly.
When I was at an age where marriage was top of intuition for my family, my dad sat me down and ran through significant qualities for my spouse to have. love every single dads, he was providing me decades of wisdom. As Indians the most significant allotment of marriage he conveyed is “you aren’t just marrying the girl, but the whole family.” Oh so upright of technology. Just love the Google vs Apple vs Amazon, you are not choosing a technology, but an ecosystem.
Solution Implementation Partners
Both SAP and Salesforce occupy a vast ally network with Salesforce probably a slight edge on volume of solution implementation (SI) partners due to reduced barriers to entry. However, there is a significant divergence between approaching ERP implementations and CRM implementations. With ERP implementations, they are very well defined because at the conclude of the day the numbers must be correct. SI’s are gathering requirements from Operations and Finance people. ERP implementations engage at least a year to 18 months…and those are considered the snappily ones.
A CRM implementation approach is vastly different. The primary stakeholders are Sales and Marketing from the onset. To pick up solid requirements from a sales person is a near impossible task. Generally, requirements are vague and broad. “Give me every single the information and let me select what I want to exhaust and when.” Even after requirements and development, there needs some course correction. “I know you did exactly what I asked, but now that I notice it, can they change things around.” The ERP SI’s don’t handle this well and change request evade about; however, with salesforce SI’s, this is evade of the mill project delivery.
With that said, if SAP is relying on its SI’s to deliver C/4, I haven’t seen the robust change in approach, resource and organizational change from its major SI’s. SAP has introduced a noteworthy technology, but it will engage a bit of time for the ally network to really figure out on how to implement it.
Both technologies carry out occupy a wide array of product offerings in their respective marketplaces; however, the Salesforce marketplace, as known as the AppExchange, has a plethora of free and paid applications to meet every need a commerce has. Just love the iPhone, if you feel love there is something missing in your salesforce instance, faith me, there is an app for that.
Gartner cited in a report: “Salesforce customers notice the vendor not just as a CRM software provider, but as a strategic advisor on how to innovate and grow their commerce overall. This is a rare position of faith that very few competitors can match.” For SAP, they will eventually decipher the issue, but it takes a bit more pains to pick up to the right person, a bit more time and sometimes the code fix will demolish something else. As of today, the SAP CRM technical documentation is light and isn’t readily available for every single modules.
The training Salesforce provides through its Trailhead is remarkably well done. Salesforce takes novice user through each office and has users build demos. It is a clearly thought out and well executed arrangement to educate users on how to become a salesforce expert. You don’t occupy to be technically inclined to be a skillful administrator in Salesforce. Users can win badges as they labor their course through each learning path.
Aside from the responsive customer service organization, salesforce has a vast community that has formed to animate anyone in the salesforce community. People engage pride on the gamification aspect of advocate and serves as the first resource of support.
It is already titillating when you try to compare pricing. Salesforce keeps it confusing on purpose, but SAP takes it to a whole modern level when it comes to pricing. Again, it won’t be an apples to apples comparison and this is just list pricing. These can be negotiated in the right circumstances. I am only comparing the middle tier pricing for both offers because that can pick up you most of what a commerce needs.
Essentials — $25/user/month — this gets you access to the platforms and competence to labor with custom objects. No chance access
Enterprise Sales Cloud — $150/user/month
Commerce Cloud — revenue-based subscription model
Sales Cloud — $117/user/month
Commerce Cloud — fixed and consumption subscription model (based on the number of orders)
Summary and Conclusion
Here is a high-level pros and cons for each application:
It is hard to determine a clear-cut winner because the course both companies occupy dedicated themselves to innovation and advancement of their products, their deficiencies will be addressed by the time I complete this document. For example, they will notice what salesforce does with the Mulesoft acquisition and occupy a seamless connector to any back office system. The option between technologies depends on the situation, commerce requirements, and the ecosystem for each organization.
There is a compelling dispute to select SAP CRM because of the seamless integration with the back-office processes. This allows for a complete solution without data being migrated back and forth between systems. The 4th attempt…I intend 4th generation CRM product from SAP finally hits the brand of what a CRM should be instead of just an afterthought. If companies want to reduce the technology footprint and are implementing S/4 HANA for ERP, the C/4 solution is a viable option.
In a technology innovation fight, it is hard not to back the company that has been in the top 3 of Forbes “Most Innovative Company” for the final 8 years. Salesforce dominates the market for customer-relationship software. The company had 19.6 percent of the market in 2017, according to industry research firm IDC. Oracle was №2 with 7.1 percent, and SAP had 6.5 percent. The course salesforce’s revenues occupy been growing, they don’t prove signs of slowing down anytime soon. If you already occupy Salesforce implemented with the integrations to an ERP system, then it makes sense to stick with the current technology stack. The commerce case or ROI on just changing technologies for the sake of change isn’t a very compelling sell for executives. The SAP C/4 functionality and what SAP has on their roadmap isn’t persuasive enough to supersede an existing salesforce solution.
It will be titillating to notice how both companies compete against each other. SAP will invest a significant amount of capital and resources to hold enhancing and occupy C/4 on par with the rest of the HANA platform. Salesforce is a CRM company, and this is their only focus. The winner is the conclude consumer, who will capitalize from the rapid innovation and addition of features to the overall delivery.
Sameer is a technology executive focused on helping businesses with digital transformations. Skilled in commerce Process Improvement, Sales Efficiency, Analytics, Customer Relationship Management (CRM), and Enterprise Resource Planning (ERP).
SAP Cloud for Customer (SAP C4C) is a software as a service (SaaS) platform for sales and service. The platform is composed of SAP Cloud for Sales and SAP Cloud for Service, which are marketed as sunder entities by SAP. SAP Cloud for Customer runs on the SAP HANA Cloud Platform (HCP). It is available on a per user subscription basis.
SAP said it designed SAP Cloud for Customer with a mobile-first approach to meet the requirements of today's sales and service professionals who need information about customers any time and in any location. The focus is on ease of exhaust and getting more production out of the implement rather than spending time entering information. The user undergo was built specifically for SAP Cloud for Customer and is based on Fiori design principles.
For SAP Cloud for Sales, the accent is on allowing sales professionals to expend more time selling and less time interacting with a sales compel automation application. In one example, a salesperson in a retail environment can exhaust a cell phone to capture images of stock on a retail shelf, and recognition software can compare this with a template of how the shelf should look. SAP claims the process is less mistake recumbent and saves time in restocking inventory.
It includes embedded analytics that can animate foretell sales success based on historical data, competing products and other factors. For example, if a salesperson adds another product to the mix, the desultory of winning the deal may enlarge because data indicates that the combination has been successful in the past. Users can change assumptions on the wing and further up with modern scenarios.
Specific features involve account management functions; integration with gregarious media; integration with Microsoft Outlook, Google Gmail, and Lotus Notes; chance management; real-time analytics; advocate for mobile devices, including iPhone, iPad, Android and BlackBerry; and integration with SAP ERP, SAP CRM, and SAP JAM.
Cloud for Service includes similar functions that service professionals can exhaust to ensure they occupy the right parts needed on a service call.
SAP Cloud for Customer competes with sales compel automation platforms from Salesforce.com, Microsoft, and other smaller vendors.
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