ABC Ltd. is a steel manufacturing company having multiple production units and branch offices across the country. The company has Oracle's Enterprise Resource Planning (ERP) system implemented and fully operational. The
CS Professional · Information Technology and Systems Audit · PYQS · December 2018
ABC Ltd. is a steel manufacturing company having multiple production units and branch offices across the country. The company has Oracle's Enterprise Resource Planning (ERP) system implemented and fully operational. The ERP system is hosted on a Datacenter located in Mumbai. The company always promotes the Technology up-gradation and implements state-of-art technology in its office automation. The company has been winning the Best Manufacturing Company Award for the last 5 years. The company's Top Management wants to make the Datacenter as a protected system according to new Information Technology (Information Security Practices and Procedures for Protected System) Rules, 2018 as per the notification dated 22nd May, 2018 of Ministry of Electronic and Information Technology (MEITY). Based on the above, answer the following: Oracle is one of the biggest computer technology companies in the world. Discuss it along with its ERP key strengths.
Answer & Explanation:
Oracle Corporation is an American multinational computer technology corporation headquartered in Redwood Shores, California. Oracle was founded in 1977 and is now one of the world's leading enterprise software companies. It has built a sophisticated portfolio of business software applications, which complement the company's traditional strength in database and infrastructure systems. The company specializes primarily in developing and marketing database software and technology, cloud engineered systems, and enterprise software products - particularly its own brands of database management systems. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software. Key Strengths of Oracle ERP Solution Oracle's ERP solution suite helps customers achieve lower total cost of ownership, benefit from a predictable cost model, and reduce risk. With Oracle's powerful, on-demand software technology, over 3.6 million end users are able to increase their productivity and gain competitive advantage, resulting in a superior ownership experience. Oracle Enterprise Manager is a software that provides complete management solution for business applications, using a unique top-down approach. It provides strong monitoring and management that encompasses end-user experience, application flows, and the underlying software and system infrastructure. Oracle offers proven and open solutions and a network of partner expertise. The company's solutions are built on open standards and leverage third-party solutions and add-on applications. Oracle's strong partner network delivers deep, industry-specific functionality and best practices. Oracle has a better security framework as compared to other ERP suites in the market. It offer a role based security which makes it easy to manage. Moreover, only the required approved access is assigned to the user. Oracle ERPs offer extensive customizations i.e., clients have the option to remodel the solution based on their specific requirements. Oracle interfaces have an improved UI with fluidic interfaces which provide better user experience to the customers. With advent of cloud technology more and more customers are moving to a cloud architecture. Oracle provides its customers with the option to directly move to cloud with minimal hassles with Oracle Cloud. Reporting is fast swift and easier as Oracle ERP suites are based on database technology and integrates all solutions in a single database.
Topics: Enterprise Resource Planning (ERP)
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