According to the Gartner report that released the Magic Quadrant for Cloud ERP for the product-centric Midsize Enterprises, Out of all the 14 products evaluated the Oracle ERP is listed as the only leaders in the Garter report. Gartner also added that “Leaders demonstrate a market-defining vision on how the ERP product-centric system and processes can be supported and improved by moving them towards the cloud. They can couple it with a clear ability to execute the required vision through the products, services, and go-to-market strategy. They are required to have a strong presence in the market to implement their growing revenue and also their market share. For the Cloud ERP suite market, the leader shows an ability to win deals with enterprises of various sizes and good in-depth functionality across all administrative requirements and operational ERP solutions. They also have successful deployments records for all types of customers whether it’s within the region or outside the region.”

Oracle was announced as a single leader in the  Magic Quadrant for Cloud ERP, Rondy Ng, Senior Vice President, Oracle Applications Development also released a statement on the announcement stating that “Our focus on creating a complete and innovative financial, operational, manufacturing and supply chain solution delivered natively on the cloud is helping them realize their business potential.” Oracle ERP cloud includes various capabilities across different functions such as procurement, financials, Project Portfolio Management (PPM), Enterprise Performance Management (EPM) and Government Risk and Compliance (GRC). The Oracle SaaS-based portfolio will be focused towards different operational needs such as Human Capital Management (HCM), Customer Experience (CX) offering complete solutions towards the customer practical, business driven, and increased adoption path.