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FY 2019 was exciting for Oracle Cloud applications with the rapid growth, introduction of new products, change in technology and adoption of HR transformation products in industry.
FY 2019 was exciting for Oracle Cloud applications with the rapid growth, introduction of new products, change in technology and adoption of HR transformation products in industry. Oracle’s biggest star products include Oracle Autonomous Database, Fusion ERP and HCM cloud applications, and its NetSuite cloud application suite.
“We’re focused on our star products, and our star products are now driving our top line higher,” Larry Ellison – Chairman and CTO. He made it clear that the company has fast-growing products and fast-shrinking products—and that’s just fine by him.
In fiscal year ending May 2019, Oracle posted total revenue of $39.5 billion, registering an increase in 3% in constant currency compared with the prior fiscal year. Oracle’s Fusion ERP, HCM cloud applications and Netsuite revenues grew by 32%.
“As our customers adopt our technologies, whether via licenses or cloud services, our overall customer base is growing and that growth is starting to accelerate,” CEO Safra Catz said.
The brief information about Oracle’s Star Products is provided below:
Oracle Human Capital Management Cloud: An end to end cloud based HR application suite for global HR, talent management and workforce management.
Oracle Fusion ERP: Helps organization to streamline enterprise business processes with Enterprise Resource Planning (ERP) Cloud.
Oracle NetSuite: A flexible cloud platform which can be used for a range of business applications. Companies can use NetSuite ERP, NetSuite OneWorld, NetSuite OpenAir, NetSuite E-Commerce, CRM or to manage inventory.
Oracle Autonomous Database: A cloud database that uses ML to eliminate human effort & error associated with database tuning, security, backups, updates, and other routine management tasks traditionally performed by database administrators (DBAs).
Kovaion is an HR Business Transformation and Technology Solutions Partner. Kovaion has rich domain expertise in Oracle Cloud & On premise solution such as PeopleSoft, Fusion HCM, Taleo and NetSuite ERP – Implementations, Support, Upgrade and Enhancement services.
As a boutique Oracle service provider, we focus on Oracle Star Products like Oracle HCM Cloud, PeopleSoft, Database and NetSuite. We have established world-class IT delivery services using Oracle’s applications and technologies. We are aligned with Oracle’s growth plan and will contribute towards the success of Oracle by helping customers in easy application adoption, providing timely training, upgrading the applications and reducing the deployment efforts.
Ref: https://blogs.oracle.com/larry-ellison:-oracle-is-focused-on-our-star-products
Megha Talathi
Senior Business Development Manager
Kovaion Consulting
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