At this week’s Oracle Open World show in San Francisco, Oracle announced a major upgrade to its Fusion applications. Let's have a look.
Integrating BI and Collaboration
"We have embedded collaboration and business intelligence (BI) into Fusion to eliminate system complexity,” said Chris Leone, group vice president for application development for Fusion applications.
He gave the example of a Web 2.0 collaboration set up. Normally, a company will operate one transactional system and cobble a collaboration platform onto it. That often results in lengthy middleware integration projects, interoperability glitches and delays. Similarly, companies implementing BI have to add BI onto a separate transactional system.
“With Fusion, we bring the transactional system and BI/collaboration together,” said Leone. “Web 2.0 collaboration is now woven throughout Fusion applications."
A core part of this is to rework the middleware layer to simplify and modernize the architecture using open standards.
Oracle is pushing Fusion as the next generation of business applications. By building Oracle Fusion Applications using standards-based middleware, the company hopes to accelerate the pace of development and deployment and lower costs.
Able to be deployed on premise or in the cloud, they can run side-by-side with their existing applications. Users can implement them all at once, or one or more of the more than 100 modules that will soon be available. This is broken down into seven product families providing: Financial Management, Procurement and Sourcing, Project and Portfolio Management, Human Capital Management, Customer Relationship Management (CRM), Supply Chain Management, and Governance Risk and Compliance. Each module will have embedded business intelligence as well as collaboration functionality.
Take the example of the CRM family. Under it would be found modules for the Customer Master, Sales, Marketing, Incentive Compensation, Mobile and Outlook Integration, Territory and Quota Management and a final module to deliver KPIs, dashboards and visualization.
"Oracle Fusion Applications bring a new era of application software and technology investments going forward," said Steve Miranda, senior vice president of Oracle Application Development.