Larry Ellison debuts automated Oracle offering that dramatically cuts cloud upgrade costs

Oracle’s automated cloud migration solution enables customers to reduce upgrade costs, accelerate time to value and improve delivery predictability

Redwood Shores, Calif.—Jun 5, 2018

Oracle (NYSE: ORCL) CTO and Chairman, Larry Ellison, today unveiled the world’s first automated enterprise cloud application upgrade product that will enable Oracle customers to reduce the time and cost of cloud migration by up to 30 percent. By providing a complete set of automated tools and proven cloud transition methodologies, the new “Soar to the Cloud” solution enables customers with applications running on premises to upgrade to Oracle Cloud Applications in as little as 20 weeks.

Oracle Soar to the Cloud

“It’s now easier to move from Oracle E-Business Suite to Oracle Fusion ERP in the cloud, than it is to upgrade from one version of E-Business Suite to another,” said Ellison. “A lot of tedious transitions that people once did manually are now automated. If you choose Oracle Soar, it will be the last upgrade you’ll ever do.”

Oracle Soar includes a discovery assessment, process analyzer, automated data and configuration migration utilities, and rapid integration tools. The automated process is powered by the True Cloud Method, Oracle’s proprietary approach to support customers throughout the journey to the cloud. It is guided by a dedicated Oracle concierge service to help ensure a rapid and predictable upgrade that aligns with modern, industry best practices. Customers can keep the upgrade on-track by monitoring the status of their cloud transition via an intuitive mobile application, which features a step-by-step implementation guide indicating exactly what needs to be done each day.

“We know the power of automation in solving business problems for our customers—it’s baked into all of our applications,” said Beth Boettcher, senior vice president, North American applications consulting, Oracle. “We’ve applied the same thinking to the cloud upgrade process to create an end-to-end solution that will enable our customers to experience a rapid, predictable, and cost-effective journey to the cloud.”

Leading organizations are choosing Oracle Cloud:

• Bank of America Selects Oracle Cloud for ERP and Financials
• Office Depot Pivots to a New Future with Oracle Cloud Applications
• Emerging Technology: The Driving Force of Disruption

The Oracle Soar offering is available today for Oracle E-Business Suite, Oracle PeopleSoft and Oracle Hyperion Planning customers who are moving to Oracle ERP Cloud, Oracle SCM Cloud and Oracle EPM Cloud. Oracle will continue to invest in the development of the product, extending the solution to Oracle PeopleSoft and Oracle E-Business Suite customers moving to Oracle HCM Cloud, and Oracle Siebel customers moving to Oracle CX Cloud in the future.