In the early 2010s, Oracle embraced the cloud wave with Oracle Cloud Applications (OCA), now known as Oracle Fusion Cloud Applications. This suite revolutionized the enterprise software market by offering a comprehensive set of cloud-based applications for core business functions such as finance, HR, and supply chain management. Oracle Fusion Cloud Applications have continuously evolved, integrating AI capabilities to automate tasks, unlock deeper data insights, and enable real-time decision-making for businesses.
Enterprises are swiftly transitioning to OCA to streamline operations, enhance efficiency, and gain a competitive edge. Legacy on-premise software, often burdened by high maintenance costs and inflexibility, is being replaced by Oracle’s scalable and cost-effective cloud solution. The embedded AI features further solidify Oracle’s leadership in AI integration within enterprise applications. Everest Group anticipates even deeper AI integration within OCA, fostering greater automation and providing intelligent tools for businesses to navigate the data-driven future. This seamless alignment with the AI revolution highlights Oracle’s commitment to taking charge of shaping the intelligent enterprise landscape.
In this report, we assess the OCA services market, analyze deal trends, explore key enterprise demand trends including generative AI, provide key takeaways for enterprises, and discuss implications for providers.
Scope
- All industries and geographies
- Interactions with leading IT service providers and client reference checks as part of Oracle Cloud Applications Services PEAK Matrix® Assessment
Contents
This report provides an overview of the Oracle Cloud Applications Services PEAK Matrix® Assessment 2023 and includes:
- OCA services market overview with market size split by geography, industry, product areas, and buyer size
- OCA service deal characteristics including typical spending across the value chain and deal trends analysis across key geographies and industries
- Key enterprise demand trends, including enterprise key transformation areas, buyer satisfaction across key OCA product areas, key buyer imperatives, generative AI strategies across key enterprise platforms, and AI transformation strategies for enterprises with real-world examples
- Implications for providers
Membership(s)
Enterprise Platform Services (EPS)
Outsourcing Excellence
