Oracle Cloud offers a broad portfolio of software as a service applications, platform as a service, and social capabilities, all on a subscription basis. Oracle Cloud delivers instant value and productivity for end users, administrators, and developers alike through functionally rich, integrated, secure, enterprise cloud services.
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 Oracle Fusion Applications (OFA) is a portfolio of next generation suite of software applications from Oracle Corporation. It is distributed across various product families; including financial management, human capital management, customer relationship management, supply chain management, procurement, governance, and project portfolio management
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Financial Reporting Center (FRC)

Posted on June 24th, 2015 by Sanjit Anand ||Email This Post Email This Post

Financial Reporting Center (FRC) includes Financial Reporting (adapted from Hyperion Financial Reporting) that allows one to create board room ready balance sheet and profit and loss statements with live drill down to transaction sources with embedded charts and graphs.

FRC enables reporting based on multi-dimensional general ledger balances and hierarchies.

Live reports that are based on real-time data can be analyzed and viewed in multiple output formats, such as HTML, Adobe PDF, Microsoft Excel and other Microsoft Office products. Cloud Reporting Solutions also includes tools like Account Inspector, Account Monitor, and Smart View Excel plug-in. Account Inspector allows you to perform multi-dimensional analysis and drill down on your financial data.

The good is , users can setup exception based monitoring of certain accounts (actuals and budgets) using Account Monitor and enables real time monitoring of variances.

Key Components

Financial Reporting Center is comprised of numerous components:

  • Financial Reporting: Financial users and analysts access live reports and books or published snapshot reports and books from previously scheduled batches in a variety of formats. Other functionality includes:
    • Refreshing report data using runtime points of view or parameters
    • Drill through capability from parents to other parents
    • Drill down to detail balances, journal lines, and subledger transactions.
  • Oracle Hyperion Smart View, Fusion Edition: Financial analysts view, import, manipulate, distribute, and share data from your Oracle Fusion General Ledger balances in Microsoft Excel.
  • Account Monitor and Account Inspector: Financial analysts monitor and track key account balances in real time at every level of your dimensions and hierarchies. These tools provide multidimensional account analysis and drill down capability.
  • Workspace: Reporting administrators create, open, save, and delete folders and store report objects, reports, and snapshot reports.
  • Oracle Hyperion Financial Reporting Studio: Report authors use an object-oriented graphical report layout with report objects, such as text boxes, grids, images, and charts, to design reports

One of the best parts of reporting is the way that data is summarized with tree-like capability, allowing you to see data at any level of detail and actually seeing the balances.

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Oracle Cloud is great ..

Posted on May 23rd, 2015 by Sanjit Anand ||Email This Post Email This Post

Came across a good youtube link for Oracle Cloud …this 4 min video will help you understand more about Oracle Cloud.

Oracle offers the most comprehensive portfolio of cloud computing solutions in the industry today. Whatever your cloud needs, Oracle has the complete solution for you.

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Oracle Accounting Hub Reporting Cloud

Posted on March 7th, 2015 by Sanjit Anand ||Email This Post Email This Post

Oracle Accounting Hub Reporting Cloud Service is available in the cloud as a reporting platform that offers extended reporting and analysis against existing accounting information.

This new service provides E-Business Suite customers exceptional reporting and analytics capabilities with minimal disruption to theirx current financial processes.

Accounting Hub Reporting Cloud Service is tightly integrated with Oracle E-Business Suite (EBS) General Ledger Release 12, allowing customers to take advantage of the exceptional reporting capabilities without disrupting their current financial processes or having to perform a full upgrade.

Features include:

  • Analyze of financial data in real time : This is what makes Accounting Hub Reporting Cloud Service different is the exceptional reporting and analytics capabilities that can be done within a multi-dimensional environment.
    • The multi-dimensional balances are pre-aggregated at every possible summarization level across each dimension of the chart of accounts and accounting periods for multiple date-effective hierarchies. The result: extremely fast reports and queries.
    • Reports and analytics can be refreshed on-the-fly without having to run a process or program because the balances have already been pre-calculated.
    • Multi-dimensional analysis is also instantaneous.
    • Users can quickly slice and dice data across dimensions and drill up and down on any parent level directly from Excel with the Smart View plug-in.
  • Drill down from any parent to the next level for any segment and into EBS
  • Create and maintain setups automatically including chart of accounts, value sets, and hierarchies.

You can check Datasheet for more details

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Integration Options with Oracle Fusion Cloud Service

Posted on October 20th, 2014 by Sanjit Anand ||Email This Post Email This Post

Do you know Oracle Fusion Financials Cloud Service is built with Oracle’s Application Development Framework (ADF) and provides four primary methods of integration with other applications:

  • ADF Services (commonly referred to as Web Services)
  • ADF Desktop Integration
  • File Based Data Import
  • Reporting Tools

ADF Services

A web service provides a standardized way of integrating two web-based applications.

A web service is a program that can be accessed remotely using different XML-based languages.

For example, abanking web service may implement functions to check an account, print a statement, and deposit and withdraw funds.

These functions are described in a web service description (WSDL) file that any consumer can invoke to access the banking web service.

As a result, a consumer does not have to know anything more about the web service than the WSDL file that describes what it can do. A web service consumer (such as a desktop application or other application) invokes the web service by submitting a request in the form of an XML document to the web service provider.

Fusion Integration Options ADF Services

Above Figure 1 illustrates the architecture of ADF Services,

ADF Desktop Integration

ADF Desktop Integration (ADFdi) is also part of the ADF framework and enables desktop integration with MS Excel spreadsheets to manage large volume data uploads into Fusion Applications.

The integration provided with ADFdi includes interactivity that enables web picker to search for valid values, perform validation during data entry, display error messages, and immediately submit transactions directly from MS Excel.

Fusion Integration Options ADFDI

Figure 2 illustrates the architecture of ADF Desktop Integration, which comprises of the following components:

  • ADF Desktop Integration
  • ADF Desktop Integration remote servlet
  • ADF Model layer

File Based Data Import

File Based Data Import (FBDI) is another option for getting information into your Fusion Financials Applications. The process of using FBDI is quite simple: download an excel template that identifies all of the fields, populate the spreadsheet with data from the external system, save the file as a .csv file type, upload the file to the server, and run processes to transfer the data to the interface tables and import into the various applications. All of the data is validated during import to insure its integrity

Fusion Integration Options FBDI

Reporting Tools
Fusion Cloud Service uses four primary reporting tools which can be used to extract data and import into your external systems.

  • BI Publisher delivers high volume transactional reports, can be configured to extract the data in Rich Text Format or XML.
  • Oracle Transactional Business Intelligence provides the ability to build custom queries on transactional data, and the output can be downloaded to Excel.

You can get more detail from OER

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What is ‘Oracle Marketplace’

Posted on January 11th, 2014 by Sanjit Anand ||Email This Post Email This Post

Oracle Cloud Marketplace is an online store — a one-stop shop — selling hundreds of business apps and professional services that complement your existing Oracle Cloud implementation.

All apps and services on the marketplace are offered by approved, registered, and expert Oracle partners. Plus, Oracle has vetted, reviewed, and approved each product.

The Marketplace was launched at the Oracle OpenWorld 2013 event last September.

Oracle Cloud Marketplace is divided in two main areas:

1 ) Application : Marketplace applications extend standard functionality via add-on or plug-in software.Marketplace applications help customers achieve greater success in key business areas, including:

  • Marketing and sales
  • Customer service and support
  • Finance and operations
  • Social data and insight
  • Talent Management and HR

2) Services : Services area allows customers consult with an expert about cloud-based technology for their businesses. Partners offer an assortment of services —consulting, implementation, integration, training— to help customers with their cloud needs.

All you need to know is how to get to the Oracle Cloud Marketplace website.Here’s the link

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Ten Oracle cloud services announced at OpenWorld 2013

Posted on October 3rd, 2013 by Sanjit Anand ||Email This Post Email This Post

Do you know, this year at OOW13, Oracle announced 10 new Oracle Cloud services, including

  1. Compute Cloud: Enables customers to leverage elastic compute capabilities to run any workload in the cloud.
  2. Object Storage Cloud: Provides users with a highly-available, redundant and secure object store for persisting large amounts of unstructured data.
  3. Database Cloud: Provides full control of a dedicated database instance and supports any Oracle Database application, giving users flexibility and choice over the level of managed services provided by Oracle.
  4. Java Cloud: Provides Oracle WebLogic Server clusters for deployment of Java applications and gives full administrative control over the service with automated backup, recovery, patching and high-availability capabilities.
  5. Business Intelligence Cloud: Enables users to analyse data with visual, interactive dashboards for the web and mobile devices.
  6. Documents Cloud: Provides a flexible, self-service file-sharing and collaboration solution with mobile and desktop sync, robust security and integration with on-premises and cloud applications.
  7. Mobile Cloud: Simplifies enterprise mobile connectivity, enabling enterprises to build any application, for any device connected to any data source with enterprise-grade security.
  8. Database Backup Cloud: Enables businesses to back up Oracle Databases to the Oracle Cloud. Also allows replication of backups from the Oracle Database Backup Logging Recovery Appliance to Oracle Cloud.
  9. Billing and Revenue Management Cloud: Enables enterprises with robust and highly scalable subscription billing to capture recurring revenues from new services.
  10. Cloud Marketplace: Provides a global marketplace where partners can publish applications and customers can browse through and discover new solutions to address their business needs

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Its all about “Oracle Cloud” : An Overview

Posted on October 19th, 2012 by Sanjit Anand ||Email This Post Email This Post

dgreybarrow What is Cloud computing?

Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.

dgreybarrow How this came from

Cloud Computing comes into focus only when we think about what IT always needs: a way to increase the capacity or add capabilities on the fly without investing in the new infrastructure, training new personnel, or licensing new software.

Therefore such offering encompasses any subscription-based or pay-per-use service that, in real time over the internet, extends IT’s existing capabilities.

dgreybarrow What is Oracle Cloud?oracle cloud

The Oracle Cloud is an enterprise cloud for business.

This offers self-service business applications delivered on an integrated development and deployment platform with tools to rapidly extend and create new services.

With predictable subscription pricing, our cloud delivers instant value and productivity for end users, administrators and developers.

Oracle perceives the following as the key business benefits from Cloud Computing:

  • Reduced CAPEX and OPEX
  • Improved agility
  • Faster time to market

dgreybarrow What is unique about Oracle Cloud?

Oracle Cloud delivers a broad set of industry-standards based, integrated services that provide customers with subscription-based access to Oracle Platform Services, Application Services, and Social Services, all completely managed, hosted and supported by Oracle.

Offering a wide range of business applications and platform services, the Oracle Cloud is the only cloud to enable customers to avoid the data and business process fragmentation that occurs when using multiple, siloed public clouds.

Oracle Cloud is powered by leading enterprise-grade infrastructure, including Oracle Exadata and Oracle Exalogic, providing customers and partners with a high-performance, reliable, and secure infrastructure for running critical business applications.

Oracle Cloud enables easy self-service for both business users and developers. Business users can order, configure, extend, and monitor their applications. Developers and administrators can easily develop, deploy, monitor and manage their applications.

dgreybarrow What are characteristics or different model exist?

This cloud model promotes availability and is composed of five essential characteristics, three service models, and four deployment models.

Five Essential Characteristics

  1. On-demand self service -Users are able to provision, monitor and manage computing resources as needed without the help of human administrators
  2. Broad network access – Computing services are delivered over standard networks and heterogeneous devices
  3. Rapid elasticity – IT resources are able to scale out and in quickly and on an as needed basis
  4. Resource pooling – IT resources are shared across multiple applications and tenants in a non-dedicated manner
  5. Measured service – IT resource utilization is tracked for each application and tenant, typically for public cloud billing or private cloud chargeback

dgreybarrow Key service models of Oracle Cloud Computing are as follows:

Customers are adopting cloud computing in many different ways.

  • Software as a Service (SaaS) – In this model applications delivered as a service to the end-users typically through a Web browser (for example, webmail). Oracle CRM-on-Demand is such an example untill date for such offering from Oracle.
  • Platform as a Service (PaaS) – In this model an application development and deployment platform delivered as a service to developers who use the platform to build, deploy and manage the SaaS applications.
  • Infrastructure as a Service (IaaS) – In this model ,Compute servers, storage and networking hardware delivered as a service.

In order to get more insights, Figure1 below shows the diagram for Oracle products avaiable in PaaS Oracle Cloud PAAS

The platform as a service typically includes databases, middleware and development tools, mostly avaiable as a service through the internet.

Oracle offers a comprehensive PaaS product offering for public cloud service providers and enterprise customers to build their own public clouds. The Oracle calls this as Oracle PaaS Platform.

The Oracle PaaS Platform is based on Oracle grid technologies including Oracle Database with Real Application Clusters and Oracle application grid including WebLogic Server, Coherence in-memory data grid and the JRockit JVM. On top of this foundation of clustered middleware and database technologies, the Oracle PaaS Platform also includes components such as Oracle SOA Suite, Oracle BPM Suite, Oracle Identity Management and Oracle WebCenter.

dgreybarrow What are different deployment models of Oracle Cloud Computing?

The following are the three key deployment models of Oracle Cloud Computing:

  • Private Clouds – For exclusive use by a single organization and typically controlled, managed and hosted in private data centers.
  • Public Clouds – For use by multiple organizations (tenants) on a shared basis and hosted and managed by the third party service provider.
  • Hybrid Clouds – When a single organization adopts both private and public clouds for a single application in order to take advantage of the benefits of both.

dgreybarrow How best to use for Oracle Cloud?

Oracle Cloud can be leveraged for many different purposes. Customers can use Oracle Cloud to:

  • Plan effectively and streamline their enterprise business processes
  • Empower people and realize the power of their employees
  • Boost sales, maximize revenues and engage customers
  • Support customers and inspire great customer experiences
  • Get social and collaborate seamlessly and securely
  • Build and rapidly deploy applications

dgreybarrow What services are available via Oracle Cloud?

Currently Oracle offerings many cloud services in three set of portfolio like Application, Platform, and Social.Oracle Cloud Offering

Under Application Services

  • ERP Services: A complete set of Financial Accounting, Project Management, Procurement, Sourcing, and Governance, Risk & Compliance solutions.
  • HCM Services: This includes complete Human Capital Management solution including Global HR, Workforce Lifecycle Management, Compensation, Benefits, Payroll and other solutions. Oracle Cloud starting at $9.50 per employee and month.
    • Oracle Fusion Global Human Resources
    • Oracle Fusion Benefits
    • Oracle Fusion Global Payroll
    • Oracle Fusion Goal Management
    • Oracle Fusion Talent Management
    • Oracle Fusion Talent Review
    • Oracle Fusion HCM Analytics
    • Oracle Fusion Workforce Compensation
    • Oracle Fusion Performance Management
    • Oracle Fusion Workforce Predictions
    • Oracle Fusion Transactional Business Intelligence
  • Talent Management Services: More or less this includes all five core module of five core modules ofOracle TBE Cloud Service:
    • Recruiting
    • Onboarding
    • Performance Management
    • Compensation
    • Learn
  • Sales and Marketing Services: A complete Sales and Marketing solution including Sales Planning, Territory Management, Leads & Opportunity Management, and Forecasting.
  • Customer Service and Support Services: A complete Customer Service solution including Web Self-Service, Contact Centers, Knowledge Management, Chat, and e-mail Management.

Platform Services

As part of Platform Services, Oracle offers a complete and comprehensive set cloud services that allow developers to build rich applications and business users to harness the platform. Specifically for developers, platform services will include:

  • Database Services to manage data and build database applications
  • Java Services to develop, deploy and manage Java EE applications
  • Web Scripting Services to build Web applications rapidly
  • Mobile Services to allow developers to build cross-platform native and HTML5 mobile applications for leading smartphones and tablets.
  • Documents Services to allow project teams to collaborate and share documents through online workspaces and portals.

Social Services

Oracle Social Network is a secure private network that provides a broad range of social tools designed to capture and preserve information flowing between people, enterprise applications, and business processes.

Oracle Cloud Social Services provides the most broad and complete enterprise social platform available in the cloud today. Oracle’s integrated social platform will include:

  • Oracle Social Network to enable secure enterprise collaboration and purposeful social networking for business.
  • Oracle Social Data Services to aggregate data from social networks and enterprise data sources to enrich business applications.
  • Oracle Social Marketing and Engagement Services to enable marketers to centrally create, publish, moderate, manage, measure and report on their social marketing campaigns.
  • Oracle Social Intelligence Services to enable marketers to analyze social media interactions and to enable customer service and sales teams to engage with customers and prospects effectively.

dgreybarrow What is Oracle Cloud Customer Portal

The Oracle Cloud Customer Portal is a one-stop-shop for all your Oracle Cloud service lifecycle management needs. The portal is role-based and provides both business and operational details of the Oracle Cloud.

dgreybarrow Not to confuse.

As with many widely hyped areas, there is much more variation within the broad spectrum of products referred to as “Cloud” that is immediately apparent.

  1. Private cloud products -This enable organizations to have complete control and visibility over security, compliance, and service levels, Oracle also helps organizations build, deploy, and manage their own cloud environments, including integrated application, platform, and infrastructure products and solutions.

    Obtain more details from here

    Oracle’s private cloud offerings include
    • Oracle Cloud Applications. A complete and modular set of enterprise applications, engineered from the ground up to be cloud-ready and to coexist seamlessly in mixed environments.
    • Oracle Cloud Platform. A shared and elastically scalable platform for consolidation of existing applications and new application development and deployment.
    • Oracle Cloud Infrastructure. A complete selection of servers, storage, networking fabric, virtualization software, operating systems, and management software to support diverse public and private cloud
  2. Managed cloud services. Oracle Managed Cloud Services delivers enterprise-grade, end-to-end managed cloud services across Oracle’s portfolio of business applications, middleware, database, and hardware technologies. Organizations can deploy solutions according to their own specific needs and budget, and decide where applications are hosted. Obtain more details from here

Welcome to Oracle Cloud! Oracle Cloud is avaiable via this link . Your comment or input welcome.

dgreybarrow Further Reading

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