Oracle will offer its Premier Support on the continuous innovation releases for the on-premises applications for the minimum of the next decade. They are committed to annually reviewing whether or not to extend their Premier support offering for one more year. Organizations using Oracle EBS can keep up to sustain their investments with minimal change or disruption.
What is the future of Oracle EBS?
The organizations are enabled to operate a single data center using a single database. Oracle EBS encompasses the following:
- Supply Chain Management
- Human Resource Management
- Transportation management
- Logistics
- Customer Relationship Management
- Warehouse management
Manage audits and boost compliance
Oracle EBS users are facing plentiful challenges while managing security risks and internal threats. It is hard to achieve and maintain compliance with the increasing IT requirements, tightening regulatory scrutiny, and hybrid ERP set-ups caused by converging businesses. There is only a slim chance of maintaining audits manually.
Hence, Organizations need a comprehensive and cross-application approach to stay compliant and audit-ready. This approach helps them to continuously monitor user activity within and across the Oracle EBS applications and also to automate the processes.
Power of Oracle Cloud
Oracle supports Oracle Cloud, Infrastructure as a Service (IaaS), or Software as a Service (SaaS) migration because of the multiple benefits and the trust in the Cloud as the way of the future. Oracle encourages the below moves:
- EBS applications added with Oracle SaaS applications
- EBS applications on Oracle IaaS
- EBS applications migrating to Oracle SaaS applications
Autonomous Technology
Oracle has previously stated how huge segments of today’s IT functions will be running themselves in the future through autonomous technology like Artificial Intelligence (AI) or Machine Learning (ML). However, they will never be fully autonomous.
A survey by Oracle stated that nearly 95% of IT professionals create or upgrade databases manually at present. With autonomous technology coming into force, human experts can be freed from slogging on these tasks and focus on the ones with high enterprise value.
Oracle is constantly working for its users to gain all the benefits of Cloud Infrastructure and Applications. It also lets them avail the advantages of investing in EBS. They are committed to a minimum of 10 years of support and will be available for all future releases.
