What Every CIO Must Know about PeopleSoft HCM and ERP in the Cloud
Predicting the direction of any type of technology as it relates to HCM and ERP applications is really a matter of understanding what has recently happened and what is going on today. If you take the time to analyze both of these areas, you will quickly be able to identify patterns, get a good idea of how mature technology has become and get an idea of where it is heading. However, the reality is that groundbreaking CIOs need to go beyond simply understanding technology. They need a clear roadmap and strategic plan to get there.
There is no doubt in my mind that 2016 will be the year for CIOs to architect this roadmap, strategy and plan to place their HCM and ERP application in the cloud. One option is to plan for a strategic move off of traditional on premise HCM and ERP applications such as PeopleSoft and move to Oracle’s Managed Cloud application.
Tie Your Business Goals with Your Cloud Strategy
Discerning CIOs have multiple options as they consider a strategic move to the cloud and cut the cord of traditional on-premise HCM and ERP application management. One option is to move their applications to Oracle’s Managed Cloud. Yet for those not quite ready to move applications like PeopleSoft to Big Red’s Cloud, or those seeking to extend the ROI of the investments they have made into various version upgrades throughout their PeopleSoft ownership, a move to a hybrid, or private managed cloud may make more sense.
This is especially true when IT and business leaders consider the recent enhancements in PeopleSoft 9.2 and PeopleTools 8.55. Innovations like a Scalable, Global, Mobile Solution with a Selective Adoption Model, that fits into the Cloud like a glove. PeopleSoft Cloud Architecture, within PeopleTools 8.55, takes user experience to new levels with an intuitive design targeted at the C-Suite.
Most private managed cloud customers can see a total cost of ownership savings of more than 20% over traditional on-premise solutions with the same predictable cost, lower risks and higher service levels that a true SaaS model offers. Additionally, private managed cloud clients tend to go-live on the latest PeopleSoft application in the cloud, upgrade in the cloud, rapidly leveraging leading-edge technology that creates a can-do culture for business transformation. This brings CIOs to the CFOs’ attention as it allows key IT resources to be realigned to focus on business growth and customer engagement, growing the bottom line.
GE’s CIO, Jack Fowler, said this during a recent interview at Oracle OpenWorld 2015:
“I want to buy innovation and the things that do not differentiate our organization in the marketplace, with a cloud based solution. I want to build the things that differentiate our organization in the marketplace.”
Partnering with the right cloud vendor is essential. You can rapidly move your existing PeopleSoft HCM and ERP applications into a managed cloud solution and free up your IT resources to focus on the projects that help you build what differentiates your organization in the market place. To learn more about our end-to-end PeopleSoft cloud solutions, please contact us and download our guide, “Implement, or Upgrade, to PeopleSoft 9.2 at No Upfront Cost.”