Over time, Oracle made acquisitions of similar software groups such as Hyperion, Siebel, Peoplesoft and JD Edwards. Fusion Application is a version of Oracle that combines the original software functionalities as well as the acquisitions capabilities, taking the best of all ERP systems. Oracle Fusion is the next generation of Oracle E-Business Suite [EBS]. This software helps with the areas of Financials, Supply chain management, HRMS and many other areas that keep a business efficient. These areas are grouped into modules and can be sold altogether or in separate parts to businesses.
Oracle Fusion comes with 4 main points :
The result is a product that could be deployed faster with greater customization on the "off the shelf package". A major benefit to Oracle Fusion is its ability to integrate with these hybrid architectures of Cloud and legacy frameworks through their technical Cloud infrastructure and platform offerings that encourage external development within their open-standards architecture.
Oracle also have a product called Fusion Middleware which consists of several software products from Oracle Corporation, to connect the ERP system to other parts of the IT ecosystem with minimal disruption. It includes what Oracle calls "hot-pluggable" architecture, designed to facilitate integration with existing applications and systems from other software vendors such as IBM, Microsoft, and SAP.
FMW spans multiple services, including Java EE and developer tools, integration services, business intelligence, collaboration, and content management. FMW depends on open standards such as BPEL, SOAP, XML and JMS.
Oracle Fusion Middleware provides software for the development, deployment, and management of service-oriented architecture (SOA).
Get a complete financial overview, enabling agile responses to changes.Boosts productivity and decision-making through advanced analytics, intelligent asset and payable management, automated revenue handling, and powerful reporting features.
Strengthen financial controls to effectively handle compliance and data integrity issues. This module uses AI and machine learning to identify potential risks, stop leaks, and enable audits. Key features include automated separation of duties, transaction control, role and security setup, and continuous access monitoring - helping build trust and resilience in your ERP system.
Achieve new levels of efficiency with Oracles Project Management module. Plan, track, and collaborate on projects seamlessly. Get full control over budgeting, forecasting, and reporting costs and revenues. Use predictive analysis for critical insights that drive project success. Balance capacity and demand, quickly scaling resources up or down to adapt to changes promptly.
Streamline supplier management with Oracle Procurement Clouds advanced analytics and intuitive tools. Boost profitability, compliance, and efficiency through automated processes, negotiated pricing, and pre-approved contract templates with built-in collaboration capabilities.
Oracle EPM Cloud empowers you to plan, budget, forecast, and consolidate financials with ease. Get critical insights through advanced analytics, comprehensive reporting, and seamless stakeholder collaboration. Drive better business decisions with real-time visibility into performance metrics.