November 3, 2014 (Mon): Oracle Corporation, the world’s leading IT solution provider has announced that Oracle Planning and Budgeting Cloud Service has shown strong adoption worldwide with more than 150 customers representing organizations of all sizes since its launch in February 2014.
Organizations across industries use Oracle Planning and Budgeting Cloud Service to streamline planning and forecasting processes, which including Shelf Drilling, Commune Hotels and Resorts, HMV Retail Ltd., Nutricia Advanced Medical Nutrition, Manhattan Beachwear, Communications Test Design, Inc., and Bournemouth Borough Council.
Hari Sankar, vice president of product management at Oracle, shared that customers want powerful planning and budgeting capabilities, but they are increasingly looking for solutions that require less administration and lower infrastructure investment.
“Oracle Planning and Budgeting Cloud Service presents a compelling business case for organizations of any size, in any industry, as evidenced by the tremendous adoption we’ve experienced thus far.”
Driving alignment beyond the finance function, organizations are also adopting Oracle Planning and Budgeting Cloud service to improve sales and operations. Built on Oracle Hyperion Planning, Oracle Planning and Budgeting Cloud Service ensures organizations benefit from cloud-optimized technology with first-in-class functionality, faster adoption and flexible deployment models.