4 Success Stories From Companies Using Oracle Cloud
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Posted by Harry E Fowler
- Last updated 11/15/19
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Organizations are in need of new systems that allow them to move from operations to innovation. They want to use the abundance of data to drive better outcomes, see the signals adapt faster, and run their organizations smarter, more efficiently, and securely. This is why there are thousands of companies using Oracle Cloud.
As businesses seek more transparency, business insight, and greater levels of control and governance, they are realizing their need for the Cloud. This need comes from the rapid pace of change in business and technology. Seismic changes include e-commerce, travel and entertainment, mobile, geolocation, hospitality, IoT, rideshare, VR bots, crypto, virtual assistants, Machine Learning and AI.
When users move from on-premise solutions to the cloud, they exchange:
- Rules-driven process for model-driven processing
- Manual tasks for automatic tasks
- Static to contextual
- User-driven processes to machine-based recommendations and exceptions
In order to future-proof their businesses instead of allowing a digital disruption, customers are looking for apps to help adjust to a new reality. Here are some Oracle success stories from companies using Oracle Cloud.
Caesars Entertainment
When leaders at Caesars Entertainment wanted to use modern systems to differentiate from their competition, they decided it was time to move to Oracle Cloud. Caesars had been relying on 30-year-old green screen technology with hundreds of disparate systems working across the enterprise. The turning point came when CEO Mark Frissora set ambitious growth plans to overcome aggressive competition in the gaming industry. Frissora wanted to use back-office technology as a way to differentiate and gain a competitive advantage while reducing costs. He led the charge with a transformation strategy that would move Caesars to the Cloud, create a global shared services model, and connect people, processes and technology.
FedEx
When FedEx leaders identified a need to remove complexity in their systems, they decided to become one of the thousands of companies using Oracle Cloud. Adding Oracle ERP Cloud, SCM, and PaaS to their suite helped revolutionize their supply chain by moving to standardized and modern operations. This helped accelerate processes and on-the-go mobile access to 10,000 workers. It also improved the quality and timeliness of decisions with real-time data and intelligence.
Vanderbilt University
When Vanderbilt University needed to address internal complexity with a modern solution, they looked to Oracle Cloud apps like ERP, EPM, HCM, and PaaS. The leaders were excited about their quick results. They achieved productivity gains by rolling out self-service capabilities for over 8,000 faculty and staff, lowered payment errors by 15 percent, and improved time to process grants, analytics, and reporting capabilities.
“Oracle Cloud will give us the opportunity to devote more resources to places that differentiate Vanderbilt.”
-Vice Chancellor for IT at Vanderbilt University
Arby’s
When the popular fast food chain Arby’s set out to drive growth with agile financial planning, decision-makers turned to Oracle Cloud. With the help of Oracle migration techniques, the new EPM was up and running within weeks. Oracle helped Arby’s streamline acquisitions by automating financial planning, leverage financial close solution for integrating Buffalo Wild Wings acquisition, gain out of box functionality for reporting, cash flow, and task management, and reduce total cost of ownership through the move to the Cloud.
The companies listed above are just a few examples of the 5,500 companies using Oracle Cloud. Many customers are selecting Oracle Cloud now to provide the greatest opportunity for competitive advantage and to decrease the likelihood of digital disruption. With a focus on continuous improvement, Oracle Cloud’s suite includes more than 100 ERP Cloud services on one platform and solution. In 2018 alone, Oracle announced over 700 new features in updates with AI enabled processes. These offerings explain why customers are using Oracle Cloud in more than 85 countries and in 25 different languages.
When organizations decide to future-proof their businesses with Oracle Cloud, they begin with a short, 20-week time-span for upgrading to the Cloud. They also achieve a 30% reduction in time and costs for Cloud migration with Oracle Soar and an automated upgrade utility and upgrade process powered by the True Cloud Method.