Oracle E-Business Suite and IFS Cloud Platform are competitors in the enterprise resource planning software market. Based on the data comparison, IFS Cloud Platform seems to have an upper hand due to its flexibility and ease of integration with other systems.
Features: Oracle E-Business Suite offers comprehensive integration of business processes, covering finance, HR, and supply chain, which are essential for large enterprises. Its customization options are vast, allowing for industry-specific setups. IFS Cloud Platform provides a flexible and user-friendly interface, featuring easy integration and open architecture, allowing for bespoke functionalities and intuitive navigation.
Room for Improvement: Oracle E-Business Suite struggles with an outdated technology stack, complex user interface, and integration limitations with third-party tools. Users demand improved automation and analytics features. IFS Cloud Platform faces challenges in large-scale implementations, clearer error messages, and reporting enhancements. It also requires better support for high-volume transactions and platform compatibility.
Ease of Deployment and Customer Service: Oracle E-Business Suite supports primarily on-premises deployment, requiring technical expertise and leading to longer adaptation processes. Its customer service varies significantly in response time and effectiveness. IFS Cloud Platform promotes a hybrid model for deployment, offering quicker setups but with some complexity. Its customer service gets mixed reviews, praised for operational support but occasionally criticized for timeliness.
Pricing and ROI: Oracle E-Business Suite is often viewed as expensive with high licensing fees and complex pricing models, which may deter small to medium businesses, though it offers good ROI due to its integrations. IFS Cloud Platform is more competitively priced with scalable user-based pricing, providing a clearer cost structure. IFS is often preferred for its cost transparency and flexibility.
I have definitely seen ROI from Oracle E-Business Suite in terms of cost savings and time savings.
There was no real ownership on Oracle's part.
The solution has good scalability, which I would rate around eight out of ten.
I would say it's fairly easy to scale.
I have more experience with highly scalable technologies like Databricks.
The system is very stable.
There is not much available online, and the documentation availability is on the lower side compared to other products, especially Maximo.
I should be able to customize the screen or application without needing technical support.
We are moving to the cloud and are looking at the cloud version of it for the cost of ownership and a more modernized integrated platform.
Oracle pricing is comparatively high to other vendors.
Each license costs a significant amount.
There are fewer fields on the user screen compared to other products.
Oracle E-Business Suite provides standard APIs for integrating with custom applications.
Oracle E-Business Suite provides everything needed in an ERP.
It allows us to normalize all of our systems into a single database.
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. Industrial AI is IFS.ai.
IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.
Oracle E-Business Suite (EBS) is considered the most extensive offering of amalgamated worldwide business applications available. Oracle EBS helps facilitate medium to large business enterprise organizations with the ability to enhance critical decision-making processes, streamline business procedures, minimize costs, and improve overall performance and productivity.
Oracle EBS runs as a complement to Oracle Database software. The applications serve to automate such processes as supply chain management (SCM), human resource management (HRM), customer relations management (CRM), project portfolio management (PPM), financial management, service management, and more.
Oracle EBS runs best in the cloud. It is a cost-saving option that offers greater productivity and can immediately and easily respond to changing dynamic business needs with an intuitive, automated scalable cloud infrastructure.
Below are some of the valuable features of popular application offerings available within Oracle EBS:
Supply Chain Management (SCM): Every possible supply chain process can be fully automated, from planning, creation, and appropriation to development and fulfillment, delivering a comprehensive solution application to ensure organizations have robust, intelligent-driven, value-added chains. Some applications include:
Human Resource Management (HRM): The solution offers a sturdy group of outstanding human resource processes that enable users to improve productivity, enhance overall business performance, and lower TCO. Some processes include:
Customer Relations Management (CRM): This application provides for a streamlined, unique global gathering of information that will ensure all selling channels are continually following the organization's objectives and protocols. Some features include:
Project Portfolio Management (PPM): Oracle EBS provides a comprehensive, full lifecycle offering of project and portfolio management. Users get a single fully transparent view of all project-related ventures coupled with a superb performance process that grants users the ability to choose the best, most dynamic portfolio ventures.
Financial Management: Users are able to perform more effectively, improve productivity and efficiency, develop productivity tools and integrated performance management, and develop processes for shared services to reduce overall operating costs. Some features include:
Service Management: This application allows users access to the best data necessary to provide correct, precise, reliable information to their clients to ensure that every expectation is exceeded and consistently satisfied.
Reviews from Real Users:
Kopano R., Freelancer at a tech services company, says, “What I found most valuable in Oracle E-Business Suite is the patching because it is straightforward. As long as you follow Oracle's best practices, you are able to finish the task of patching without a problem. I like that it's also easy to add products, e.g. if you want to add on financials, you can, or if you don't have financials, you can expand on that. I like that Oracle E-Business Suite is really scalable.”
Mohammed G., Senior Oracle Application Consultant at a comms service provider, writes, “Oracle E-Business Suite consists of a lot of streams, such as financial and HR processes of the enterprise companies. We are using most of the Oracle financial modules, and we have an Oracle stream, FI procurement stream, and HR streams, which have a lot of applications. Oracle E-Business Suite has over 20 different modules to choose from, it is comprehensive. Additionally, the integration is very good. “
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