This is the third consecutive year that Oracle ERP Cloud has been recognized as a Leader in Gartner’s report, and out of 10 products evaluated, Oracle ERP Cloud is positioned highest for ability to execute as well as furthest to the right for completeness of vision.
According to the report, “Leaders demonstrate a market-defining vision of how core financial management systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear ability to execute this vision through products, services and go-to-market strategies. They have a strong presence in the market and are growing their revenue and market share. In this market, Leaders show a consistent ability to secure deals with enterprises of different sizes, and have a good depth of functionality across all areas of core financial management. They have multiple proofs of successful deployments by customers, both in their home region and elsewhere. Their offerings are often used by system integrator partners to support financial transformation initiatives. Leaders typically address a wide market audience by supporting broad market requirements. However, they may fail to meet the specific needs of vertical markets or other, more specialized segments, which might be better addressed by Niche Players in particular.”
“Oracle remains laser-focused on our customer’s success. We are committed to continued significant investments in innovation that can help our 6,000+ ERP Cloud customers drive operational excellence in finance,” said Rondy Ng, Senior Vice President, Applications Development, Oracle. “We are ecstatic to be acknowledged once again as a Leader by Gartner. We believe this report is a validation of our product strengths, investment focus, and customer successes.”
1-Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker, Robert Anderson, Greg Leiter, 13 May 2019 2- Gartner Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, Mike Guay, John Van Decker, Christian Hestermann, Nigel Montgomery, Duy Nguyen, Denis Torii, Paul Saunders, Paul Schenck, Tim Faith, 31 October 2018 3 -Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Christopher Iervolino, John Van Decker, 24 July 2018 4 -Gartner Magic Quadrant for Cloud Financial Close Solutions, John Van Decker, Christopher Iervolino, 26 July 2018
https://erpnews.com/v2/wp-content/uploads/2019/06/Oracle.jpg332600katiehttps://erpnews.com/v2/wp-content/uploads/2018/10/[email protected]katie2019-06-24 08:10:462019-06-24 08:10:47Oracle Named a Leader Based on Completeness of Vision and Ability to Execute
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