Feb 20, 2014 (Thu): Oracle Corporation, the world’s leading IT solution provider, today announced the general availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service.
Oracle Planning and Budgeting Cloud Service opens up opportunities for organizations of all sizes to quickly adopt a world-class planning and budgeting solution with no CAPEX infrastructure investments, flexible deployment options and virtually no learning curve.
“Oracle Planning and Budgeting Cloud Service will provide tremendous value to our customers, by removing obstacles such as IT hardware and software requirements associated with implementing a world-class planning and budgeting application,” said Chris Boulanger, vice president, EPM Practice, Cervello.
Hari Sankar, vice president of product management at Oracle also shared, “Since we previewed Oracle Planning and Budget Cloud Service to customers and partners last year, we’ve seen a tremendous interest in adopting cloud-based solutions to streamline budgeting and improve forecasting.”
Part of Oracle Cloud, Oracle Planning and Budgeting Cloud Service builds upon the robust and proven functionality of Oracle Hyperion Planning, which includes agile forecasting, predictive planning, rich scenario analysis and interactive dashboards.