Oracle ERP - Overview:
The acronym ERP stands for enterprise resource planning. It refers to the systems and software packages used by organizations to manage day-to-day business.
Oracle E-Business Suite is one of the most reputed ERP product which is currently available in the market – developed by Oracle. In the world of enterprise resource planning, very few software products have really made to the top ranks when it comes to worldwide implementations. Based on market share – SAP, Microsoft Dynamics are the close vendors who try to get the ERP share in almost all the regions.
What is Oracle E-Business Suite?
Oracle’s E-Business Suite (also known as Applications/Apps or EB-Suite/EBS) consists of a collection of enterprise resource planning (ERP), customer relationship management (CRM), and supply-chain management (SCM) computer applications either developed or acquired by Oracle.
The Top Vendors
Based on market share – SAP, Oracle, and Microsoft Dynamics are the key vendors who are the leaders in major international markets like North America and Europe.
Many industry experts / Chief executive officers who wish to implement new ERP software in Fortune 500 companies will most probably end up considering industry’s two biggest leaders: SAP or Oracle. While both ERP providers are clear market share dominators and have very well-established product lines, the strengths, weaknesses, risks and product roadmaps of these two vendors couldn’t be more different.
Either of the product is likely to get the job done! so the question becomes: Which will help you get the job done for your organization?
Oracle Corporation (Oracle) provides a comprehensive range of IT solutions. Wide product portfolio and cloud business and strategic acquisitions are likely to offer growth opportunities to the company.
Oracle R12 (a version name) has a history of improving global decision making by supporting various types of Reporting/Analysis.
Also, transaction processing happens in Financials, Supply Chain, Projects, PLM, Sales & Marketing, HR, Services.