Collaborate 2016 in Review – Moving Companies to the Cloud

Submitted by guest blogger McKenzie Clune.
Oracle Planning and Budgeting Cloud Service (PBCS) was launched at OOW two years ago, and since then, customers and partners have been raving about the solution and its capabilities.  At Collaborate 2016 we had the opportunity to sit down with Oracle partners to discuss their recent successes with Oracle PBCS. Most notably, we spoke with Scott Costello from Key Performance Ideas, Alex Ladd from Mindstream Analytics, and Nihar Parikh from EPMI.  


Oracle Planning and Budgeting Cloud Service is a fully-customizable, market-leading cloud solution that enables companies to align planning across the enterprise so that they can develop agile forecasts for all lines of business and respond faster and more effectively to change.  Oracle Partner, Key Performance Ideas (KPI), has first-hand experience with the flexibility, ease of use and scalability of PBCS, and has sold many of their customers on moving from on-premises Oracle Hyperion Planning to Oracle PBCS. This video, featuring KPI, highlights the very prominent issue of moving to the cloud from on-premises, and how KPI helps their customers make the move: Here


Many on-premises customers experience upgrade fatigue and, as a result, will put off and avoid upgrading their solution because of potential setbacks. As a cloud solution, PBCS fights this major problem with automated, incremental upgrades.  This feature provides our customers with the most up-to-date version of our software, which makes the move to the cloud a much more attractive option. Alex Ladd, from MindStream Analytics, noted that this is a key selling point of PBCS to their customers.  Watch this video for more information on upgrade fatigue and the PBCS “cloud cure”: Here


Organizations are constantly searching for ways to operate more efficiently and reduce costs.  On-premises solutions, excel spreadsheets, and disconnected planning tools often increase operational costs due to the lack of automated integration and software updates. Additionally, the built in financial intelligence tool of PBCS decreases time spent on the organization of information and allows for a greater level of analysis.  Oracle Partner, EPMI, has found success with PBCS in the oil and gas industry, which comes as no surprise, as cost cutting has historically been a top priority for this sector.  For more information on their success, watch this video: Here


Collaborate is a great opportunity to meet peers and discuss Oracle EPM cloud strategy and implementation.  In addition, Oracle OpenWorld 2016 (OOW16) is another event where we can come together with our peers to learn, network, and celebrate EPM Cloud successes. OOW16 takes place on September 18th – 22nd in San Francisco! Click here to register today: Here


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