Spend Matters 50/50: Oracle – A Provider to Know in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about Oracle:

"Oracle Corporation has perhaps the longest pedigree in the eProcurement arena with its iProcurement self-service procurement application that is part of its Electronic Business Suite (EBS) of integrated applications. Oracle also offers a cloud-based suite of applications known as Oracle Cloud (or “Oracle Fusion”). This SaaS suite is less functionality-rich as EBS, but is the “heir apparent” as the application suite that will take Oracle into the future. Oracle is really best suited to firms that are “Oracle Shops” making use of Oracle platform/infrastructure technology in order to support requirements that are not accommodated by the vanilla applications."

You can read more of what our US colleagues have to say here. Oracle does not really need much in the way of specific European description. As well as their US presence, the firm is of course also powerful in Europe, perhaps slightly less so in countries where SAP has traditionally dominated (such as Germany obviously), but generally Oracle is well represented across the Continent. That strength covers both public and private sectors too; the firm is probably stronger in the UK central government sector than any other ERP provider for instance.

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