For Oracle customers who could not attend COLLABORATE 14, we prepared the following Velocity overview of Oracle’s announcements, education content, conference keynotes, and trending solutions for JD Edwards, Oracle E-Business Suite, and PeopleSoft.
The opening keynote was delivered by Adam Savage, host of Discovery Channel’s “MythBusters”. Adam Savage (@donttrythis
) is also a special-effects artist, fabricator, model maker and general dreamer-upper. He has worked on films such as Galaxy Quest, The Matrix sequels, and Episodes I and II of the Star Wars series. He is the ultimate combination of artist and scientist and brings that analytical and creative mind set with him wherever his often surprising pursuits take him.
Key messages from his presentation included:
- Ignorance is not equal to bliss
- The only wrong response to art is to let someone else tell you what to think
- Science and art are the twin engines driving society forward
- Question everything, the smartest people ask the most questions
- In order for two people to agree on results, the question must be seen and understood in the same way
- Participate mightily
Balaji Yelamanchili, Oracle Senior Vice President (SVP) for Analytics and Performance Management spoke on the benefits of Analytics and Big Data. He told the conference attendees that our world is changing like never before. Core enterprise systems are moving to the cloud, the data we have access to far exceeds our ability to use it, and business users want mobility and demand embedded analytics in every business process. Given this context, how do you re-gain control and deliver compelling business value through analytics and big data? Let me know what you think in the comments section below.
Lyle Ekdahl, SVP of JD Edwards Product Development spoke how the “pace of change is breathtaking”. Oracle customers are asking how their organizations can take advantage of economic and technology change. For many, the enemy is complacency which leads to decline in their business. Lyle (@lyleekdahl
) said the goal should be on stimulating growth through focus and alignment to the business. Oracle’s goal is to help the business embed technology including a more consumer-friendly user interface, personalization, and the ability for users to create their own applications. The enabling technologies will be supported with “Constant Current Upgrades” from Oracle.
Lyle’s predictions included:
- Technology will allow collaboration directly with end customers
- Oracle applications are broadly distributed via the Cloud
- Big data informing business decisions pervasively–sense and adjust in real time
- Dynamic networks–not hierarchies
- Innovation that happens inside and outside the customer walls
- Products and services delivered in weeks–not months or years
- Employees using any and all tools available
Rick Clements, IBM Program Director for Big Data Product Marketing, shared how Big Data is transforming the way organizations analyze more types of data from more places to create new insight, plus deepen interactions and act faster with confidence. He shared how IBM clients are taking advantage of the breadth and depth of IBM Watson Foundations to solve their major business imperatives such as 360 degree of customer and explorer cognitive computing with IBM Watson. Other customer examples helped attendees understand how to start small and grow with data analytics, in-memory computing, predictive analytics, data privacy and security solutions alongside existing IT investments in Oracle applications.
Led by the Senior Vice Presidents of Oracle Development, Lyle Ekdahl (JD Edwards), Cliff Godwin (E-Business Suite) and Marc Weintraub (PeopleSoft), attendees reviewed Oracle in the Cloud. Today Oracle has 29 million users, with 22 billion annual transactions, and supported by 19 global data centers. Oracle and their partners, including Velocity, have made a significant functional investment in cloud delivery. Customer success stories include a JD Edwards EnterpriseOne customer using Manufacturing, Service Management and Order Management with measureable increased sales productivity, timely status information on open sales and service orders, better customer satisfaction tracking and effective use of the sales force to pursue new opportunities.
General updates for Oracle customers include no plans by Oracle to force customers to Cloud, the role of IT is changing, Governance and Security are key for Oracle customers, and Cloud frees cycles for the IT team to get out in front leading business on change. Today 40% of JD Edwards customers have some cloud solution and PeopleSoft applications have been running in cloud for more than 10 years.