Oracle Positioned as a Leader Furthest on Completeness of
Vision and Highest in Ability to Execute
AUSTIN,
Texas, Oct. 3, 2022 /PRNewswire/ -- Oracle has
been named a Leader for the fourth consecutive time in the 2022
Gartner® Magic Quadrant for Cloud ERP for Product-Centric
Enterprises for Oracle Fusion Cloud Enterprise Resource Planning
(ERP). Oracle was positioned highest on the "ability to
execute" and furthest right on the "completeness of
vision" axes. A complimentary copy of the report is
available here.
The recognition comes on the heels of Oracle Cloud ERP being
named a Leader in the Gartner 2022 Gartner® Magic Quadrant for
Cloud ERP for Service-Centric Enterprises.
The Gartner® Magic Quadrant for Cloud ERP for Product-Centric
Enterprises, which evaluated 11 providers, reflects Gartner
definition of "composable ERP." Gartner says, "This strategy
delivers a core of composable applications and, as a service,
software platforms that are highly configurable, interoperable, and
flexible, in order to adapt to future technology."
According to the report, "Leaders demonstrate a market-defining
vision of how ERP product-centric systems and processes can be
supported and improved by moving them to the cloud. They couple
this with a clear ability to execute their vision through products,
services, and go-to-market strategies. Leaders have a good depth of
functionality across all areas of operational and administrative
ERP. They have proof of multiple, successful deployments by
customers and their system integrator partners frequently use their
offerings to support business transformation initiatives."
"Leading companies across product-and service centric industries
have turned to Oracle Cloud ERP to help increase productivity,
reduce costs, and tap into continuous innovation," said Rondy
Ng, executive vice president of applications development, Oracle.
"We're confident the Gartner recognition reinforces the trust our
customers have placed in Oracle Cloud ERP, the business value
achieved via their back-office transformation, and the maturity of
a strong, connected customer community."
Part of Oracle Fusion Cloud Applications Suite, a complete set
of cloud applications designed and built for changing customer
needs, Oracle Cloud ERP allows organizations to quickly optimize
their business with touchless processes, predictive insights, and
embedded collaboration features. With machine learning, artificial
intelligence, and customer-driven innovations added quarterly,
Oracle Cloud ERP helps organizations increase efficiency, embrace
new business models, respond to shifting market conditions, and
capitalize on new opportunities.
Over 11,000 organizations currently turn to Oracle Cloud ERP and
Cloud HCM applications to run their businesses. Oracle Cloud ERP
offers a comprehensive set of enterprise finance and operations
capabilities, including financials, accounting hub, procurement,
project management, enterprise performance management, risk
management, subscription management, and supply chain
management & manufacturing. These self-updating platforms
provide customers with the industry's most advanced technologies
every 90 days, giving organizations the ability to build, innovate,
automate, adapt, and leverage new business opportunities
on-demand.
Oracle has garnered consistent industry recognition for its
finance applications.
Oracle was recently named a Leader in the 2022 Gartner® Magic
Quadrant™ for Cloud ERP for Service-Centric Enterprises.
Additionally, Oracle was named a Customers' Choice in the 2021
Gartner Peer Insights 'Voice of the Customer': Cloud Financial
Planning and Analysis Solutions.
To learn more about Oracle Cloud ERP, visit oracle.com/erp
Gartner Disclaimer
Gartner, Magic Quadrant for Cloud ERP for Product-Centric
Enterprises, 26 September 2022,
Greg Leiter | Dixie John | Robert
Anderson | Tim Faith
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About Oracle
Oracle offers integrated suites of applications plus secure,
autonomous infrastructure in the Oracle Cloud. For more information
about Oracle (NYSE: ORCL), please visit us
at www.oracle.com.
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