One of the biggest reasons for moving any process or application to the cloud is reducing costs. We know that cloud applications are often much more cost-effective than their on-premises counterparts, but now, thanks to a study by Nucleus Research, we can prove it.
In looking at business costs (software, hardware, personnel, and training) over a three-year period, Nucleus Research identified that, on average, initial costs for on-premises ERP were 2.4 times higher than Oracle ERP Cloud.
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If cutting costs is one of the key drivers behind your modernization project, we can help. ERP is a very broad area, covering a large number of back-office processes that are critical to the success of your business. That’s why Oracle Cloud has been built to deliver all capabilities—as and when your business needs them—to improve, streamline, and get the most from each and every one.