The Decision Dilemma: Should I Migrate to Oracle Cloud?

Aug 2, 2023 12:27:47 PM | OCM The Decision Dilemma: Should I Migrate to Oracle Cloud?

Embracing change is essential for business growth. Oracle Cloud offers scalable solutions for innovation and competitiveness. Approach migration with proactivity and positivity to unlock true potential.

Change can be intimidating. It can create disruptions in an established, years-long routine, and changes related to Information Technology systems are no exception. But upgrades are necessary to stay competitive in an ever-evolving business landscape, and Oracle Cloud can bring scalable, efficient cloud solutions and innovation to your organization—among other advantages—that legacy systems simply cannot match.  

That said, transitioning from your legacy system or Oracle EBS to Oracle Cloud brings many company-wide changes that will impact nearly everyone in the organization, so it’s important to avoid an inactive/reactive mindset and instead embrace proactivity and positivity. 

Oracle Cloud can unlock your organization’s true potential, but it’s crucial to approach the migration with the right strategy and attitude. 

Questions to Ask Before Migrating 

As a project sponsor, it’s essential that you ask the right questions and gather the necessary information before jumpstarting your Oracle Cloud migration. This will help the process run more smoothly for everyone in the long run, and foster positive attitudes along the way. 

Here are some critical questions to consider: 

  • What are the specific business objectives and goals driving the decision to switch to Oracle Cloud? 
  • What are the potential challenges and risks associated with migrating from the legacy system to Oracle Cloud, including TCO or True Cost of Ownership, ROI, organizational changes, etc.? 
  • What happens to the historical data, and will the data migration affect compliance and data privacy concerns? 
  • Will my custom report work in Oracle Cloud Applications? What is the compatibility of other existing applications? 
  • Does my IT team have the skills and expertise to manage the change, and how do I train my user base? 
  • What key performance indicators (KPIs) will I use to measure the success of the migration? 

Why It’s Worth the Switch to Oracle Cloud 

With Oracle Cloud, you’ll get lower TCO, better productivity, and easier adoption of new business models with emerging technologies, such as AI, IoT, and more. In fact, moving to Oracle Cloud has become a marketplace trend for the improved information sharing and data access, increased user productivity, and other advantages that contribute to a better decision-making process. 

Here are some additional ways your organization will benefit from Oracle Cloud: 

Cost savings: Oracle Cloud helps your organization reduce expenses, especially when it comes to hardware, maintenance, and IT. This will improve operational efficiency and allow you to allocate resources to other critical areas. 

Agility: Your organization will gain the flexibility to respond and quickly adapt to changing industry conditions, emerging technologies, and customer demands.  

Scalability: You won’t have to worry about outgrowing your technology thanks to Oracle Cloud’s built-in scalability that’s been tested in extreme scenarios. This is crucial for handling fluctuating workloads, avoiding overprovisioning, and optimizing costs. 

Reduced error: With automated business processes and unified data access, your organization can significantly reduce errors. 

Enhanced security: Oracle Cloud offers robust security features, including data encryption, identity and access management, and advanced threat detection. Plus, with Oracle's dedicated security team continuously monitoring the cloud infrastructure, your data remains protected against potential threats. 

Increased performance: The Cloud's cutting-edge infrastructure ensures high performance, which means faster application deployment and reducing latency for your organization. Plus, your applications will move and respond faster, resulting in enhanced productivity overall. 

Integrated solutions: You’ll get a seamless integration of various cloud services, making it easier for your teams to collaborate and streamline workflows. This helps reduce data silos, leading to more efficient decision-making processes. 

AI and machine learning:  AI Apps embedded in Oracle Cloud Applications let you embrace the power of AI and machine learning. This will in turn allow you to uncover  better business insights faster,  automate routine tasks and optimize business processes. Oracle AI works in real-time and all accessed through the Oracle Fusion Cloud Applications suite.

Challenges with Legacy System 

Still on the fence? It’s important to weigh the challenges and pitfalls of keeping your aging legacy systems against moving forward with an Oracle Cloud migration:

  • Difficulty and costly upgrades 
  • Aging and complex infrastructure 
  • Complex integrations 
  • Risky customizations 
  • Disconnected enterprise data 
  • Inadequate reporting and analytics 

These truths make the benefits of the “change” even clearer: Change is inevitable, so embrace the time and effort required to make it happen. Your organization will reap the rewards in the long run. 

Be Proactive and Positive! 

 A rainy forecast warrants the right gear. Likewise, a successful change, such as migrating your legacy system to Oracle Cloud, requires everyone in the organization to be proactive and positive. You’ll be amazed at what the right attitude will do to increase the success of your IT systems/applications transition. 

Here’s a roadmap for setting you and your organization up for a successful migration:  

Determine the relevant categories of impact: That could include financial impact, process and operational improvement, customer satisfaction, employee morale, and more. 

Develop specific metrics and/or KPIs in each category: You should also define measurable criteria to evaluate the impact of the change. For example, if the expectation is improved operational efficiency, metrics could include reduced processing time, increased throughput, and a decrease in the number of errors/exceptions. 

Conduct an impact assessment: Evaluate the change against the categories and metrics that you have documented in the earlier steps.  

Prioritize each category of impact: And be positive about the benefits that you are going to see!  

Oracle Cloud Will Change Your Business for the Better 

In the ever-evolving business landscape, you need to embrace innovative technologies and efficient solutions to stay competitive. Oracle Cloud can unlock your organization’s potential for scalability, enhanced security, and so much more, but it’s crucial to approach the migration with the right strategy and mindset. 

An AXIA consultant can guide you through the process by assessing your current business landscape, identifying your organization's requirements, addressing potential gaps, and opening discussions at the right time. So you can bypass the blockers and make your project a success! Contact us today to schedule a free consultation.  

Johnson Louis

Written By: Johnson Louis

Johnson is a highly accomplished Oracle ERP Cloud and E-Business Suite professional, boasting more than 25 years of industry experience with a remarkable 20-year track record of successful Oracle ERP Cloud and EBS implementations. With a keen focus on delivering results, Johnson has led and managed global IT teams and projects with exceptional skill. His areas of expertise encompass a wide range of specialties, including the implementation and support of Oracle EBS modules, as well as adept management of development and support teams. As an Enterprise Architecture expert, Johnson is well-versed in data and applications, making him a valuable asset in integration architecture. He excels at fostering and maintaining strong business and IT relationships, ensuring seamless collaboration. Moreover, Johnson brings extensive experience in handling merger and acquisition activities, implementing IT solutions, and efficiently managing vendor relationships. His technical prowess and adeptness in project management contribute to his overall effectiveness in driving successful IT initiatives.