Are you looking to migrate your on-prem Oracle ERP to fusion cloud or a multi-cloud environment and also wondering how to manage the large business critical data lying in your current on-prem environment. If you are, your concerns are very valid and finding the right solution building data pipelines and analytics across your Hybrid ERP platform will determine the success of your cloud journey.

Most migration programs struggle with this issue, asking questions like “how much data should I migrate to my fusion cloud environment and what is my cost to do this? Is it worth it?”, “can I provide a seamless unified view of historical data and new transactions to my business?”, “if I chose a phased approach to my fusion cloud migration, how can I provide business with an easy access to data across modules lying across my Multi-Hybrid cloud environment?”

These are all very concerns but do not let these challenge stop you from taking advantage of fusion cloud, join this session to learn more.

In this session, we cover how our offerings can help you provide your business with never before seen data insights within your current ERP and also future proof this for your fusion cloud journey. You will learn your business users can have a unified view of data across Multi-hybrid cloud in the shortest amount of time give you the flexibility to manage fusion cloud costs by minimal data to fusion cloud (eg. only open transactions) not have to build use and throw code just to access data across modules.

You will also learn how our solution can be integrated into your existing and future data lake/data mesh architecture.

 

Transcript:

Santosh: Could I have an assistant for today's presentation, please?

AI: Are you from an IT team?

Santosh: Yes, sir.

AI: Lean budget, please find an AI assistant for free.

Santosh: Okay, Andrew, let's go. We got a lot of talking today.

AI: My pleasure Santosh Gandi, Santosh Gandi, leads data and analytics practice at Tech wish. Thank you for making the AI assistant for today. Let's go. I got thrown under the bus. Does this sound familiar? When did this last happened to you? I am sure most of you will say every single day. Who was pushed under the bus? Is it the delivery team? sales team? IT teams or the customer? Let's ask our delivery team. Why do they think they were thrown under the bus? The sales team committed to an impossible delivery, too much to deliver in short time. Let's see what the sales team got to say.

They promised the customer best delivery. What was delivered barely meets the expectations and the customer experience not so impressive. Let's see what the IT team got to say. Now multiple platforms to be managed. Barely any additional team to continue to meet the SLA s. Last but not the least. Let's ask our customer. They were told the new delivery will make their life better. Reality is unable to make better decisions due to limited data. Who is right then? You got it. Everyone is right in their own roles. Oracle announced in their FY22 Q2 results that over 10,000 customer move to cloud ERP. Let's take a look at the cloud ERP migration and how it impacts all the teams. Let's look at some of the challenges customers will go through. Deciding how much historical data to be migrated.

What's the cost impact and is it worth spending? Migration of historical data to cloud ERP is complex time and cost intensive. When migration to cloud ERP is done in phased manner, data needs to be pulled from multiple sources, which limits reporting capabilities. With lean IT team budgets, maintaining multiple platforms will be a challenge. Unified view of complete historical data and new transactions data will be complex and expensive. Hence business decisions may be impaired. Let's take an example. When all open transactions and only six months of historical data is migrated to cloud ERP. Ability to compare current performance with past performance beyond six months is not possible.

Decision to migrate large historical data to cloud ERP will be complex and expensive. Reporting from both EBS and cloud ERP introduces multi BI platforms, which is not a good option either. How can we solve this problem in an efficient manner? Migrate all open transactions from EBS to cloud ERP and using BI CC and UCM move the data to Incorta. Complete historical data can be moved to less expensive cloud storage service. Within Incorta's 10x compression ratio, storage and compute costs will be a lot less compared to Oracle cloud storage service. With several Incorta data connectors, data can be seamlessly loaded from on prem multi cloud hybrid environments.

With the ability to access 100% of historical data from various sources, Incorta provides the possibility of building predictive analytics, AI and ML capabilities. Incorta's powerful visualization engine provides reporting and dashboards capability and can seamlessly integrated with other BI platforms. Incorta's vast connector coverage and easy to deploy pre built blueprints fit 70 to 80% reporting requirements and rest can be customized. Prebuild blueprints are ready to use covers finance, SCM, HCM projects, modules. Sample Accounts Payable dashboard blueprints ready for use. Let's log into Incorta instance. Loaded the EBS schema successfully. Loaded fusion schema successfully. Dashboards can be prepared based on the historical data from EBS and open transactions from fusion cloud.

Single pane view of data from multiple data sources can be achieved. Summary to drill down all the way to the individual transaction can be achieved through Incorta. Need for multiple BI platforms and high maintenance cost is eliminated. Giving business a true self service. Thanks to Incorta unified data platform no more throwing anyone under the bus. Helping customers onboard with business and Incorta and Tech wish partnership.

 

Speaker:

Santhosh Gandi

Santhosh Gandi

Vice President, Data & Insights

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Interested in partnering with us for next year's event? E-mail sponsors@incorta.com.