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Enterprise Performance Management and Business Intelligence through Oracle

With the modern e-commerce sector developing day by day, the enterprise performance management (EPM) and the Business Intelligence (BI) needs to be updated very frequently. The management applications can be very much constructive to gain advantage over your competitors. With the Oracle EPM you can ensure strategic decisions in the financial and operational sectors. More than 80 applications of Oracle’s EPM and BI can be found today. They are useful in various ways, such as:

Planning and Forecasting: The planning solutions help to forecast and plan effectively. The users can be benefitted through the applications when they can easily forecast through precision.

Finance and Operations: The database management system of Oracle helps in integrating important sectors like finance and operations.

Decision Making: The financial reports and database require proper decision making while in action. Oracle can effectively help in generating reports, allows taking decisions and finally ends up with the financial closing process.

Transparency: It can provide transparency as you need to play with a lot of numbers in the financial reports and analytics.

Profit Management: The goal-setting activities can easily manage the financial planning and operations. The profit management can thus be accelerated through this database management system.

The enterprise performance management can provide you with several applications when you are using Oracle. The important thing is that you need the proper technical support and the right method of implementing the platform. To make it possible, you may also require a technological partner who can come up with different experiences and expertise skills that will help in the process.

The Exadata database machine from the Oracle can be highly effective for the ecommerce business. But it needs to be upgraded to the new Exadata management systems which are a bit complicated without proper technical knowledge. The Exadata implementation experts can provide you with customized solutions that will suit your management system.

Now, how can the management provide you with excellent performance through Oracle?

Technology:  Oracle can come up with modern and aligned technology that leads to collaboration and integration through different channels. The communication and sharing of information with a proper security can lead you to a better performance management.

Agility:  Success in business can only be possible if you are agile enough to change into the current circumstances. You always need to stay above your competitor to remain in the business for a long term. In this rapidly changing technological world, you should always upgrade and keep up with all the modern versions and applications.

Strategic Advantage: You can easily expand a strategic advantage if you are good in analysis and interpretation. Dealing with ample data requires an effective analysis and interpretation and thus a strategic advantage over and above your competitors.

Therefore the enterprise management system of Oracle combined with spreadsheets and manual process can provide a deeper insight by executing aligned strategy and increasing the speed in the management process.

You need to differentiate your business from your competitors. You can use Oracle through the cloud system also. The digital age demands different research reports and videos showing the whole Oracle planning. White Paper can also be applied when you want to increase the deployment of the enterprise performance management in the cloud widely.

So just do not wait till the next up gradation of Oracle. Go ahead by watching the market closely and by applying Podcasts, demos and videos for the growth of your business.

Written By

Peter Cook is a well known database management expert who is dealing with Oracle EPM for the past three years. Here, he is providing some suggestions for using the EPM and the Business Intelligence via Oracle.

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