Ephlux Insights

Are you losing business to competitors that are more popular? Ever see customers walk into your neighbor’s shops and totally ignoring yours? Augmented Reality (AR) technology is set to change all that.

Oracle has been developing rather user-friendly and fancy modules for enhancing the Financial Management experience of organizations. The Payments module (IBY – a payment engine designed to work with multiple Oracle E-Business Suite products facilitates the receipt of, issuance of, and management of, customer receipts and batched supplier payments.  It is the central payment engine for Oracle E-Business Suite that lowers costs and improves control by integrating out-of-the-box with major processors and financial institutions. It serves as the funds capture and funds disbursement engine across Oracle EBS R12.

Financial Management has been in the ‘Agenda’ for businesses for a long time now, and programs have been developed to make money matters less daunting and easy to manage. Yet, when the systems are asked to do a wee bit more than the usual, they struggle! Well, that makes sense – the conventional operational reporting that businesses resort to is quite disruptive. Ideally, in today’s world where the Big data has become the big boss, Financial Management systems should be able to integrate the business information and accounting information together and produce smart results.

The retail business has been more or less the same over the past few decades. Yes, there have been a few advancements like barcode scanners and online shopping, but they haven’t really helped in taking the industry to another level. Augmented Reality (AR) is set to change all that.

Augmented Reality(AR) helps your business to replicate the in-store browsing and trying on experience on a digital level. Customers can try and buy your products, virtually, directly from where they are through the AR experience.

If you want your business to not just be competitive but also to stay ahead of the competition, you should put your focus on cloud computing. Having your business on the cloud is essential in taking the edge over your competitors and staying in the lead.

 
A lingering question on the minds of many customers investing in the JD Edwards is about its future. With the introduction of Oracle’s very own ERP platforms like the E-Business Suite, companies are beginning to doubt their relationship with the JD Edwards software. Ephlux, with its experience in enhancing and integrating the JD Edwards system, looks into the crystal ball to tell you what’s ahead.

JD Edwards has an established reputation of being an ERP with a Low Cost of Ownership. Now, with the added bonus of Oracle Accelerate, it is easier to implement and increases productivity for midsize companies.

Oracle has, yet again, come up with a plug and play solution to enhance employee experience and empower people in an organization – the Oracle Human Capital Management Cloud. The opportunities around social collaboration and mobile technology are forcing companies to look at transforming the way they work. Oracle is offering this automation of employee lifecycle from recruit to retire – a transformational blueprint that need not be all cloud or even all on-premise.

Using memory instead of disks has been in the data storage game for some time now – making access times and database requests typically much faster than they were ever before. Now, Oracle has qualified to run in the competition by enabling high performance processing for Big Data Analytics. Moving ahead with the ideas of creating purpose-built machines, Oracle has plans to dominate this escalating in-memory world of data.

JD Edwards can call and process external Web Services and to enable JDE as a Web Services Consumer, a web service can be created using a web-services proxy to call an external Web Service. E1 Business Services is the alternative name for Web Services. The world is now moving towards SOA, and so E1 has implemented business services as a gateway that provides native web services capabilities such as to develop, publish, consume and administer.

The final day at Oracle OpenWorld started later than usual to what we’d been experiencing for the past few days. The keynote on Unlocking Innovation and the Value of Embedded Intelligence on Devices, started off by Edward Screven, Chief Corporate Architect at Oracle started at 9 am. Screven talked about a technology trends that will have a profound impact on individuals, companies as well as governments.

This year’s Oracle OpenWorld is all about how to provide the best to the customer. The fourth day’s activities started off on that very note, keynote to be exact. Michael Dell, Founder and Chairman of the Board and Chief Executive, Dell Inc, started off the day with his keynote on Delivering Customer Value.

We started off day three with the early bird keynotes at Oracle OpenWorld. Joe Tucci, Chairman and Chief Executive of the EMC Corporation started off the, Lead Your Transformation, address by talking about the transition in IT. He mentioned four key macro trends driving this transition:

Oracle OpenWorld’s second day got underway nice and early, 8am to be precise. Oracle President Mark Hurd started off the Keynotes session, Transforming Businesses with Big Data and Analytics, with a big show of support for Oracle Team USA by involving the crowd in a big cheer for the sailing team.