Globalization is driving companies to keep up with innovation in order to stay competitive. The ability to procure, analyze, and report real-time information to internal and external stakeholders regardless of their location is becoming a necessity to remain viable.
According to the global market intelligence firm International Data Corp. (IDC), more than half of enterprises’ IT infrastructure and software investments will be cloud based by 2018, reaching 60-70% by 2020. Pursuing DX initiatives without a cloud IT foundation will be utterly impossible.
Learn how CPI Card group, a leading provider in payment card production and related services, has initiated this investment and transformation by initiating a cloud-based strategy to optimize global business operations.
Their on-premises systems did not allow for real-time reporting, lacked integration, and inflated operational costs. By implementing Oracle Business Intelligence Cloud Service (BICS), which integrates from Hyperion Financial Management, Hyperion Planning and Budgeting Cloud Service (PBCS), and ERP transactional systems, CPI Card Group now has a fully interactive management dashboard making corporate data easier for users to access while supporting cross-enterprise information analysis including detailed drill-down functionality.
Contact Perficient to learn more about Oracle BI Cloud Solutions.