Oracle Fusion Financial Training in Coimbatore

Present and future of Oracle Fusion Applications

• Oracle Fusion Applications, I know many of you aware of it and to add that I would like share my personal experience from last 6-7 years.
• Well this story has started in year 2010, when Oracle Corporation has invited its partners to come to its campus and test fusion applications which were in its early phase of design and development.
• At that time I was working on EBS R11, mainly on Purchasing and Inventory. We were really excited about this assignment as only few of us got this chance. And major part of this excitement was to go Oracle corporation for six months :).
• I think its natural thing like if you are using one product and you got a chance to use next version of it, your mind will surely start comparing the both and same thing happened with us. After few days of functional testing we automatically started comparing fusion applications with EBS.
• We found many things entirely new, like DOO (Distributed Order Orchestration) which was new module itself, responsibility based access replaced by role based access, operating unit changed to business unit, BOM is called as structure, in built dashboards, navigator etc.
• The look and feel of fusion apps was way ahead, and suddenly I started feeling like EBS R11 is so old fashioned.
• It was a huge team working fast enough to develop these next gen applications. The product Beta versions were getting released in every month and sometimes within every 15-20 days with changes, fixed bugs.
• It was really a good experience to work on an application which was getting developed from scratch.
• That period was like ERP meant only on premise applications. Actually onpremise word for an ERP application didn’t exist at that point of time, as I think it was the only option/method available and fusion applications belonged to the same category. That assignment completed and we were waiting for fusion apps to get released in market, and soon got a chance to implement it too.
• It was Oracle Fusion Apps Rel 5. Though I had participated during initial testing phase, still within these couple of years many things changed. I came across new entities which I wasn’t able to access previously related to application setup, like architecture of FSM, OIM, and BIP etc.
• By the end of this project the cloud computing has already started buzzing and suddenly the perspective toward ERP applications changed. The internet based products were changing the dynamics of ERP applications.
• Oracle fusion applications couldn’t remain untouched from this new technology wave. The change was expected and it happened forcefully.
• The Oracle fusion applications are now available on cloud. These same Oracle Fusion Apps and additional internet based products which Oracle has acquired (Eloqua, Right now, Taleo etc.) are now called as Oracle Cloud Applications.
• From on premise to on cloud, there hasn’t been much change for a functional consultant from application configuration front. But few thigs got changed significantly e.g. in on premise there were frequent gentle reminders ? to tech team for patch application, asking SOA logs, bouncing servers. DBA needed to keep track of hardware installation, performance, backup etc.
• But Oracle Cloud applications come preinstalled. Patch application- Oracle will do it, Upgrade activities – Oracle will do it, they will gather SOA log files, provide timeframe they will bounce the servers. So instead of dealing with your own technical team now you need to work with Oracle guys.
• We are still learning and exploring cloud applications as within every 6-8 months next release is releasing. And again we are witnessing a change. Actually we all are familiar with this change, the mobile applications. Mobile phones are now capable of doing amazing things, and then there is no doubt that it can handle your ERP application as well. Need of time is the ERP application should work on mobile.
• And yes, Oracle is making it happen. The applications which are available on cloud, Oracle is making them available on mobile. Wow, this is something cool means search and download the application from store, the way you do it normally for other regular applications.
• Currently not all end to end applications and functionalities are available but still many are modules from HRMS, Taleo, Sales are available. I am hoping all applications will run mobile very soon.
  This is the journey till now, and I hope Oracle will surely add many stories to it in future. I will surely try to share it with you.

Oracle's Fusion Applications - Career Path

• Most high-tech vendor roadmaps, if customers can get their hands on one, are usually paved with good intentions.
• These roadmaps offered by enterprise software vendors—which provide guidance on future versions of products, services or software-delivery options—are critical for their customers.
• The maps enable CIOs and senior execs to chart their application portfolio strategies: which upgrades they'll commit to, which legacy apps they'll "sunset," which vendors they'll do more business with.
• But just like anyone else, software vendors reserve the right to change their minds: a sudden acquisition or decline in sales can significantly alter a vendor's roadmap. And that can wreak havoc with any CIO's short- and long-term apps strategy.
• The enterprise application roadmap for Oracle customers has, for the past five years, always pointed toward one destination: the Oracle Fusion Applications Suite.
• Fusion Apps, as it's better known, is Oracle's next-generation suite of open-standards-based software, available on-premise or in some "cloud" form. The suite covers seven core business areas: financials; governance, risk and compliance (GRC); human capital management (HCM); procurement; project portfolio management (PPM); sales (CRM); and supply chain management (SCM). There are approximately 100 modules within the seven product groups.
• Oracle execs are well-known for their self-promotional hyperbole. But in delivering Fusion Apps to the marketplace, they have followed a methodical, low-key route. (Of course, other happenings, such as the Sun acquisition, various lawsuits and the Exadata ramp up, have taken Oracle's attention during the past couple of years.)
• As Fusion Apps become generally available in early 2011, Oracle execs have, in fact, been acting in anti-Oracle fashion: There's been little pressure on customers to rush into buying Fusion Apps.
• For instance, at Oracle OpenWorld 2010, the mega-event in San Francisco that served as Fusion Apps' latest coming-out party, CEO Larry Ellison had this to say, when he rhetorically asked if all Oracle customers should immediately invest in Fusion Apps: "No, absolutely not.... You can move to Fusion at the time of your choosing. Over the next five years, at some point, we think you'll move to Fusion."
• Oracle execs' reticence has nothing to do with the software itself; reviews so far have been favorable. The fact is that the expected benefits of the new-age software will eventually be worth it for most of Oracle's existing enterprise app customers (running E-Business Suite, PeopleSoft, JD Edwards and Siebel).
• But how each customer actually gets to the Fusion Apps destination (if they get there at all) is another question altogether.