As the migration of enterprises to the cloud picks up steam, Oracle is intent on keeping up. It has taken to refreshing its SaaS applications twice a year, bringing them up to feature parity with its on-premises software and adding brand-new features for e-commerce and internet-centric supply chain management.
Oracle Cloud Applications Release 13, announced Wednesday, is the newest iteration of the company’s cloud-based business applications. It upgrades the user interface across all the apps and delivers new capabilities for supply chain management (SCM), ERP, human capital management (HCM) and the CX Cloud Suite for customer experience management.
Ten years ago every company bought enterprise software, often in abundance. Today, 96% of organizations have now shelved some or all of it. While buying software is daunting, it is essential for competing in increasingly sophisticated industries.
The security risk that I am most focused on right now is this: Shadow IT and the consumerization of IT have put too many employee work activities out of sight of the security department.
Employees at my company now use more than 90 cloud-based apps that I know of. Most of these are categorized as software as a service (SaaS). Many are corporate-sanctioned, meaning the business unit or IT went through a selection process to identify and procure an application, and my department was at least consulted. This list includes applications such as ADP for payroll, Salesforce, Workday, Oracle, WebEx, Google Docs, Microsoft Office 365 and SAP.
Amazon Web Services has agreed to buy Nice, an Italian vendor of high-performance computing software and services to extend its as-a-service offering.
It’s Amazon.com’s second acquisition within six months of a software vendor that can put its cloud computing platform to new uses. The last was Elemental Technologies, in September.
Nice is a niche outfit, with customers numbering in the hundreds, not thousands. Companies and research institutions in the aerospace, automotive, energy, life sciences and technology industries use its products to centralize HPC, cloud and visualization functions.
All 8 featured startups at the event held at the innovation-infused Boston Seaport’s communal District Hall workspace could be classified as software-as-a-service (SaaS) companies in one way or another, with a bit of platform-as-a-service and foliage-as-a-service tossed in.
DataServ, the global Software as a Service (SaaS) enterprise content management (ECM) provider of document and process automation solutions, has been selected to provide Purchase to Pay (P2P) automation to a global financial services firm. DataServ’s SaaS P2P automation solution includes digital mailroom services, with optical character recognition and automated workflow for non-purchase order (PO) invoices, as well as AutoVouch™ for touchless processing of invoices generated through a PO.
DataServ CEO/Founder Jeff Haller says: “With a history dating back well over a half century, our new financial services client has developed a well-earned reputation as an industry leader, and we are thrilled to have been chosen to help streamline their P2P process. We look forward to helping them eliminate paper, reduce bottlenecks, and transition staff to higher value work.”
DataServ is a global SaaS provider of document and process workflow automation solutions for the financial operations and human resources functions. A cloud computing pioneer, they developed the first commercially viable SaaS ECM in the world. Serving organizations worldwide since 1994, DataServ streamlines and lowers costs within Accounts Payable via their P2P solution set (including Expense Report Automation and Purchase Order Requisition Automation), Accounts Receivable with Quote to Cash (Q2C), and Human Resources through Hire to Retire (H2R) by capturing documents and data and automating business processes.