The push toward digitization has increased the popularity and capability of cloud computing. Cloud hosting technology is now an integral part of IT and business operations, allowing organizations to focus their efforts on customer service and product development while keeping costs to a minimum and improving security.
Switching to E-Business Suite cloud hosting is not only highly beneficial for enterprises, it’s a necessity in order to remain competitive in the Digital Age. Every business has different needs and goals for the future. Cloud hosting software is highly customizable so there are decisions to make and considerations to take into account when it comes to an Oracle EBS migration.
1 – Reduce infrastructure expenses
One of the major advantages of utilizing EBS cloud hosting technology is the inherent cost savings. With less demand on in-house staff, labor costs can be reduced or reallocated. Companies can also save money on energy usage and maintenance costs due to the fact that the cloud is 100% software. Moving to the cloud can result in a cost savings of up to 77% (according to the Yankee Group Decision Note Technology Analysis) through reducing the amount of required hardware, reduced labor costs, and requiring a lower initial capital investment thanks to their pay-as-you-go pricing model.
2 – Streamline operations
Organizational headaches are virtually a thing of the past after migrating to an Oracle EBS cloud solution. The time and effort that is required from hardware engineers, software specialists, and other IT professionals are mostly left in the hands of the cloud provider.
This means your IT team can focus on producing high quality products, programs, and services that can take you to the next level. It’s important to mention the use of cloud-based hosting for Oracle E-Business Suite provides more opportunities for automated analytics and business intelligence practices that further improve your organization’s ability to streamline daily operations.
3 – Choose the right cloud hosting platform
Choosing the right hosting platform for Oracle E-Business Suite can make a difference in scalability, efficiency, security, and accessibility. It’s helpful to carefully assess your business needs and goals. For example, the amount of storage space that is needed will heavily impact the cloud host you end up choosing.
Do you store sensitive information, or does your data hold less outside value? Think about how many people will need to have access to EBS cloud applications. Are you growing rapidly or has your company reached a point of stability?
Also, consider your budget. There are some cloud hosting options that are free or very inexpensive, but have limited storage and capabilities. A combination of these factors will help you determine your cloud deployment strategy.
4 – Improved business operations
Oracle EBS cloud computing is here to stay and is rapidly changing how businesses operate. Modernizing infrastructure and processes through cloud migration gives organizations an edge and the ability to stay on top of UX (user experience) trends. When using the cloud for business operations, there is no waiting for files to be sent, printed, or authorized through upper management.
Cloud applications can be accessed by authorized users anywhere at any time. Executives can make authorizations with a couple of taps so that daily workflows can keep moving effortlessly. It also allows employees to access projects, paystubs, documentations, and other details quickly so that they can focus on productivity.
5 – Deployment strategy options
After you’ve assessed your needs, you will need to decide on a deployment strategy. You can choose from private, public, and hybrid cloud hosting. Each of which come with their own unique set of pros and cons.
Public clouds provide application storage and accessibility on a shared infrastructure. This means that a public cloud contains data from many clients.
Private clouds are different in that they use a proprietary architecture when servicing clients. They are ideal if you have high security demands and a need for dedicated data processing.
You can also choose a hybrid cloud infrastructure that uses a blend of public and private cloud hosting capabilities. All of these options are easily scalable and increase productivity, so choosing the best cloud hosting platform comes down to the needs of your particular organization.
6 – IT Productivity
Testing and development are vital to the evolution of long standing organizations and maturing start-upsl. Utilizing cloud hosting solutions for Oracle EBS can free your IT team from tedious work such as managing network switches, storage, and server maintenance.
This freedom will allow more time for testing and the ability to focus on the products and services your organization delivers, rather than supporting the infrastructure.
7 – Simplified data management
Hosting Oracle E-Business Suite in the cloud makes it easier to handle large volumes of data. Analyzing unstructured data can take weeks or months of diligence from highly specialized teams, but with the cloud it is a much more efficient process.
One of the most useful features is the ability to analyze business trends in real time. The increased capabilities and improved speed can have a major impact on your company if it relies on data management and analytics on a frequent basis.
8 – Managed cloud solutions
Migrating to an Oracle EBS managed cloud solution is another way cloud hosting can increase efficiency. Working with a cloud managed services provider like Syntax, delivers a team of EBS experts to support and guide your solution, freeing your resources even more. You don’t have to worry about knowing all the details and intricacies that go into running a cloud-based EBS system. A managed cloud solution allows you to focus on growing your business.
These 8 considerations can help you make the right decision on what direction to take your Oracle E-Business Suite cloud migration. If you’re looking for increased profitability, productivity, and resilience, then take the next step and migrate your Oracle EBS applications to the cloud.
Syntax has over 20 years of ERP managed cloud hosting experience, providing services to companies in the transportation, construction, healthcare, and manufacturing industries, among others.
Contact us today to discover how Syntax can help you build and implement an effective and efficient E-Business Suite cloud solution.