CIOs and CISOs are often found discussing the “next big move”. With a focus on cost-cutting and process efficiency improvement, these key stakeholders are leaving no stone unturned. From migrating their physical servers to oracle fusion applications to adopting secure coding practices, the CIOs are putting the best foot forward.
On the contrary, Oracle as an industry leader is busy building products that match the need of enterprises without putting a hole in their pockets. With the launch of Oracle Fusion, the organization has changed the game. Unlike other traditional cloud services, this new product is not limited to hosting files on the cloud, it offers access to additional tools that simplify business processes and brings efficiency.
Developed to grab the small-medium business market, Oracle Fusion is a family of software applications that saves SMBs from going extravagant on tool licensing and renewals.
Oracle Fusion is generally divided into two entities:
- Oracle Fusion Middleware: Offers access to qualified software architectures and state-of-the-art hardware to help businesses around complex processes effectively.
- Oracle Fusion Applications: This entity consists of applications used by Fusion users to simplify complex processes. It includes tools like BPM, CRM, GRC, and HCM.
While Fusion is being estimated as the prodigy, Oracle Cloud continues to be everyone’s favourite. The latter offers access to exceptional storage, database, and computing capabilities.
With Oracle Cloud, businesses can free themselves from the worry of handling physical servers. The product was built to help businesses adopt the next big thing in tech and the release of newer versions like EBS R12 have only strengthened the expansion.
With the release of the new Fusion version, customers are a little skeptical; they are unable to identify the best-suited tool for themselves. Going forward we will be discussing key differences between the two tools to facilitate improved decision making.
Here is the list of 10 major differences between Oracle Fusion & Oracle Cloud
- Oracle Fusion tool is the next-generation business application and sooner or later, it is likely to turn all existing Oracle products redundant. While Oracle cloud has released newer versions like EBS R12 but they are nowhere in comparison against fusion’s capabilities.
- The whizz-kid Fusion offers access to the best of Oracle tools whereas the former versions from the organization only provide access to computation, storage, and networking capabilities.
- The Oracle Fusion is more efficient since it follows the SaaS model, where businesses can rely on service-oriented architecture and access all quality tools uninterrupted. The older paradigm is nowhere close to the capabilities of the new tool.
- Oracle middleware services are helping enterprises achieve their planned cost-efficiency by reducing expenditure on software architecture. Oracle cloud still demands users to spend on software and hardware extensively.
- The Fusion version offers an exceptional user experience, innovative, rich, and improved framework. The tool is also equipped with Web 2 features like RSS Feeds, rags, and social media, which are yet to be a possibility for users of Oracle EBS 12.
- Fusion tools from the house of Oracle are offering access to new and improved UI layouts, which are not available in other Oracle products. UI layouts including:
- Global Region, which is always present and consistent.
- Task Region to support important tasks.
- Location Region to support easier transaction entry & management.
- For the first time, Oracle has introduced Analytics. The new dashboard provides access to all requisite information leading to improved and faster decision making. All actions performed can be tracked, measured, and analyzed from here. Dashboards are unavailable in former versions.
- Oracle Cloud has an advantage over Oracle Fusion since the latter doesn’t offer functionalities like manufacturing and call centers; the Fusion version also focuses a lot on horizontal applications instead of industry solutions, which gives the older versions an edge. The cloud version has over the latest product is Encumbrance.
- In the new improved tool, users can move configuration across the instances, which was not possible with previous offerings from Oracle. Also, the newer tool doesn’t require creating multiple COA.
- Oracle Fusion Accounting Hub is an exceptional addition, which is not available in previous tools. Hyperion Financial Management is also embedded in the Fusion version, which is a huge benefit for organizations. It saves costs, improves efficiency, and adds speed to all financial processes.
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