The Conversation has Changed…
Published on April 14, 2022
Oracle Evolves Again with Oracle Me
It only seemed like yesterday I wrote my last blog article, in-fact it was 11th January 2021!, I have been so busy with de Novo (#wearedenovo) and my obligations to the wonderful ERP Today, that I have just not had time to write. However, after a great night out with the #Certusalumni – the original pioneers of Oracle SaaS Cloud – Ian Carline, Richard Atkins and Rob English along with an alcohol induced headache and watching todays announcement from Oracle regarding Oracle Me, I was inspired to metaphorically put pen to paper and write…
Change the Conversation
‘Change the conversation’ a phrase that I have heard and used many times myself. When pioneering, searching for new ideas, seeking out new markets and looking for the next opportunity or market trend, you can easily get dragged back into what is the status quo and existing market behaviours.
The ability to find inspiration can come from the most unlikely of sources, something you remember from years ago, something you read, something you discuss with friends over a bottle of wine in a restaurant (thank heavens we can do the most normal of normal things again), something on a side of a bus?
Studying market behaviour in the technology industry I personally find fascinating. A market of many stakeholders – buyers and sellers from platform vendors, system integrators, ISV’s and of course customers to name just a few. Behind all of this you cannot ignore the VC’s, Private Equity and the Business Angels, providing the much-needed risk capital to fuel innovation.
Understanding and seeing what resonates, whilst also watching the latest trend as it comes and goes, and most importantly identifying the cyclical pattern which many do not even consider let alone embrace to their advantage is fundamental in determining a winning proposition.
Evolution of the Experience Economy – Its Happening in front of Us!
I have now been writing, let alone investing money and time (the most valuable of assets) in the #experienceeconomy for over two years now. Slowly but surely, through the delivery of new technology capability and the focus on deep personalisation within industry vertical solutions, the playing field we know as the enterprise, or more specifically enterprise resource planning (ERP) is changing.
Being an systems implementer with industry domain experience, references, people with vendor certifications and an ability to compete effectively on price (don’t get me started on that!) has been ‘table stakes’ for years. Somewhere along the line SaaS became a commodity play and everyone forgot about value creation.
Regardless, the industry has moved on, and whilst significant amounts of buyer education still needs to be undertaken, the move to delivering industry vertical solutions by personalised experiences over standardised business processes is gaining more and more traction.
Salesforce has always been in the mix; ServiceNow fundamentally changed as a company and its positioning using its Now technology platform; as well as Microsoft becoming more and more vocal around industry solutions have unquestionably all been leading the way.
Finally, Oracle or ‘big red’ as I still refer to it, has awoken and firmly announced its direction of travel having to recognise the need to be more active in an ever changing game, and the need to respond effectively to the onslaught of experience platforms over the past two years from the competition.
The Importance of Oracle Me Announcement – Empowering the Client’s People
Crystal ball prediction time and I stress again that this is just my personal opinion.
What we have seen with Oracle’s public announcement today, is a whole lot more than more SaaS product innovation with Oracle Me. In a single word its ’empowerment!’.
Whilst it always takes time for Oracle to pivot, its resources are frankly unlimited and it has the ability to gain momentum quickly and accelerate pass the competition. Often this is when Oracle is at its most dangerous as a competitor.
We have seen this several times before, from the days of on-premise, to most recently in what was the first era of the Cloudwars with Workday which seemed miles ahead, only for Oracle eventually to power past as it delivered a single unified system in ERP, HCM, Payroll and SCM together, whilst adding Digital Assistant very early on. Anyone in the ERP ecosystem will tell you, the suite play always trumps best of breed in a back-office enterprise, and Oracle achieved this with aplomb and continues to do so to this day.
Oracle through Oracle ME is recognising the hybrid Cloud era and providing the tools for connectively, communication and collaboration that are required to deliver employee experiences that matter that go way beyond the transactional base of a SaaS Cloud ERP system. A place I will argue where Workday is still at, and SAP is still getting there – they seemed to miss the first Cloud era altogether. These Vendors however are no longer the competition.
Most importantly the Oracle ME tools buy-in to the low code, no code platform concept and empower the Client to take control of its configuration. Systems Integrators beware!
Today, with the announcement of Oracle ME, it is just as an important announcement as when Oracle firstly announced Fusion SaaS back in 2011!
Oracle is publicly signalling awareness, accepting the landscape is changing, and acknowledging to stay relevant it needs to evolve. This is how I interpret events today, and April 2022 is a time I would suggest that everyone will point back to in years to come.
In essence, Oracle has changed the conversation about their product offerings in one go. The #experienceeconomy isn’t about technology platforms, it’s about creating digital experiences that empowers individuals to undertake a task or action efficiently and effectively at any given moment in time, recognising that the majority of people do not work in functional silos. Oracle Me does that, the prediction being that Oracle repositions itself selling personalised industry solutions.
It will be interesting now to see if my prediction comes true, but if it does, as far as Oracle is concerned it started today. Game on…
#oracle #oraclecloud #saas #cloud #oraclehcmcloud #oracleerpcloud #experienceeconomy #digital #digitaltransformation #oracleme #wearedenovo
Disclaimer: This is a personal blog. The opinions expressed here represent my own and not those of my employer. In addition, my thoughts and opinions change from time to time and I consider this a necessary consequence of having an open mind. This blog is intended to provide a semi-permanent point in time and as such any thoughts or opinions expressed within out of date posts may not be the same or similar to those that I hold today.