Times are changing, and so is technology. Existing enterprise dynamics have undergone a significant change, and the Oracle ERP cloud project implementation has fundamentally altered the age-old conventions that businesses followed. Large and progressive firms are steadily moving towards cloud-based ERP to future-proof their organizations.
According to Statista, the worldwide cloud ERP industry is expected to increase by 13.6 % annually and reach $40.5 billion by 2025. According to Oracle's ERP and ERM Top Trends Study, 79 % of finance departments either are using cloud-based ERP and EPM today or want to do so soon.