Oracle Analytics update continues with Analytics for Cloud HCM

With the COVID-19 pandemic, 2020 has become the year of live tech events that have become virtual. And it goes with this year’s Oracle Analytics Summit. But Oracledoes not let it cause suffering. Instead, the company submits a larger ad around the application column in the updated Oracle Analytics strategy with the announcement of a new release for its Cloud Human Capital Management (HCM) service. It also pursues an interesting approach to taking the Virtual Analytics Summit event.

From the beginning

Last June, Oracle’s Bruno Aziza (Group Vice President, AI, Data Analytics and Cloud) and T. K. Anand (Senior Vice President, Analytics Cloud) briefed me on how Oracle had taken the initiative to renew its BI / analytics platform by consolidating 18 products into one umbrella brand, Oracle Analytics. They also explained that modernization adjusts the company’s local, cloud and application-based analytics platforms in the form of Oracle Analytics Server (OAS), Oracle Analytics Cloud (OAC) and Oracle Analytics for Merger Applications (OAX).

All three analysis plans are based on common technologies that OAC and OAX utilize Oracle Autonomous Data Warehouse, a server-free cloud offering. OAX services offered on a software-as-a-service (SaaS) basis include the application data itself, canonical semantic models, a KPI and dashboard library, and more. OAX does not require the platform as a service (PaaS) -based OAS, but customers who have both can combine the application data with their own data, integrated into the same data warehouse for highly customized analysis.

Also read: Oracle Analytics: Hone 18+ products down to a single brand

Release cadence

While the entire strategy was unveiled last June, only the OAC cloud service was released at the time; Oracle Analytics for Fusion ERP followed in September. This year, Aziza and Anand explained, the OAS local piece was released in January and the company is doubling the OAX portion of the strategy today with Oracle Analytics for Cloud HCM. In my estimation, it leaves CRM (customer relationship management) as the only category of banner applications not yet covered by OAX.

Also read: Oracle implements Analytics for Fusion ERP

Anand and Aziza also explained to me that by the end of this year, Oracle Cloud Infrastructure (OCI – the company’s public cloud) will be available in a total of 36 regions – including government / sovereign clouds – and that Oracle Analytics will be available on all of them . And given that OCI is the environment, OAC and OAX also run alongside and can be integrated with data science and data catalog offerings, as well as data Move (a server-free Spark analysis service) and Big Data SQL (for inquiry into shooting lakes).

Continuous (virtual) delivery

All of this is a lot to absorb, frankly, and for Oracle to share all of this with customers in a virtual one-day event would be a formidable task. With that in mind, today’s event, consisting of basic and five “tech innovation” sessions, is just one opener. Oracle will continue to offer summit content after today’s event, weekly. Aziza said a total of 60 sessions over 14 weeks are already scheduled and that the company plans to continue delivering weekly content until a live event is possible again. During the continuous delivery of virtual content, Oracle said it will solicit customer feedback through surveys and several customer consulting offices, some with designated memberships and others being self-selected.

Last year, I concluded by announcing that Oracle in the cloud analytics arena had a lot to catch up on. It still does. But it’s made real progress, and because the company is a powerhouse for enterprise applications in addition to being a database and analytics company, it has the power of absence with a large constituency. It will be interesting to see Oracle as it makes further progress with this constituency and beyond this year.

Hopefully, the occasion for next year’s checkpoint could be a live event with all of Oracle’s customers during a financial recovery.

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