Oracle Cloud EPM

Oracle is a global provider of enterprise cloud computing, offering software, platform, infrastructure and data as a service. The company employs more than 132,000 people worldwide and serves 430,000 customers in 175 countries.

Oracle’s portfolio includes a comprehensive stack of cloud applications, platform services and engineered systems. The vendor’s cloud enterprise performance management (EPM) and analytics portfolio contains a comprehensive set of offerings, which are packaged as Oracle Cloud EPM and Oracle Analytics Cloud. However, the company’s widely used on-premises solutions (e.g., the well-known Oracle Hyperion EPM portfolio) continue to be developed and fully supported. A variety of other cloud and on-premises offerings and applications complete Oracle’s broad product portfolio.

Oracle’s comprehensive EPM portfolio includes various products and applications covering all relevant EPM processes (e.g., planning and budgeting, profitability and cost management, financial consolidation and close, account reconciliation, tax reporting, narrative reporting and enterprise data management). The vendor’s entire EPM portfolio is available in the cloud. All Oracle Cloud EPM solutions are based on a consistent technical architecture and can be deployed in a modular fashion according to customer needs and priority. For data integration from on-premises or cloud data sources, Oracle Cloud EPM provides native, wizard-based features including predefined connectors to Oracle operational systems (e.g., ERPs). For customers who prefer to manage EPM applications on-premises, Oracle’s Hyperion EPM portfolio is still available (e.g., Oracle Hyperion Planning for planning, budgeting and forecasting; Oracle Hyperion Financial Management for financial consolidation and close; and Oracle Enterprise Data Management for financial master data management).

Oracle Cloud EPM offers a broad range of capabilities for enterprise-wide integrated business planning processes – including connected operational, financial and strategic planning as well as scenario simulations. Prebuilt modules and frameworks expand the reach of Oracle’s planning solution beyond finance into sales, HR, IT, marketing and supply chain operations. To support users with tasks such as predictions, simulations and to offer (automated) insights into signals, anomalies and root causes, Intelligent Performance Management (IPM) is a major area of continued investment for Oracle. A Digital Assistant for EPM and several statistical and ML features are embedded in Oracle Cloud EPM, including support for integrating third-party ML models and ML engines. In addition, Oracle’s own data science platforms and ML algorithms embedded in Oracle databases can be leveraged.

Oracle’s flagship product for analytics, Oracle Analytics Cloud, incorporates business-user-oriented capabilities for the complete analytics cycle. It offers modules for developing and deploying formatted reports, interactive dashboards and mobile analytical applications and provides functionality for data preparation as well as data visualization. Oracle Analytics Server, the on-premises version of Oracle Analytics Cloud, brings all the capabilities of the cloud platform to organizations requiring on-premises deployment options.

User & Use Cases

Current vs. planned use (planning use cases)

N=25

Current vs. planned use (besides planning)

N=31

Percentage of employees using Oracle Cloud EPM

N=32

Planning users (as a percentage of all users)

N=32

Total number of users per company

N=32

Planning users per company

N=32

Company size (number of employees)

N=32

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Oracle Cloud EPM

Peer Groups Business Software Generalists, Financial Planning & Consolidation-Focused Products, Global Vendors, Large/Enterprise-Wide Implementations, Operational Planning-Focused Products
VendorOracle
Number of responses32
ProductOracle Cloud EPM
OfficesWorldwide offices in more than 120 countries
Employees132,000+
Customers430,000+ (in total, not only Oracle Cloud EPM customers)
Websitewww.oracle.com/