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Mark Hurd to Present at Annual Oracle Modern Finance Experience

Mark Hurd | Oracle Modern Finance Experience
Featured speakers at this year’s Oracle Modern Finance Experience include Oracle CEO Mark Hurd.

In just under three weeks, finance professionals will gather in New York City for Oracle Modern Finance Experience. A premier event for CFOs and finance professionals, attendees will have the opportunity to hear from experts, innovators, and cloud finance users. Attendees will learn about the latest trends, best practices and new product features. Oracle Modern Finance Experience is an ideal networking opportunity, where attendees can connect with finance change agents and thought leaders.

Programs and sessions that make up the 2018 event include: educational breakout sessions, access to top Oracle executives and product experts, keynotes, CFO Summit, Change Agents of Finance awards, an Innovation Showcase with partners and product experts, and a customer appreciation event. New to the 2018 agenda are a Women in Finance luncheon and Future Leaders in Finance program.

Oracle CEO Mark Hurd is among the list of featured speakers at the 2018 Oracle Modern Finance Experience and his keynote presentation will kick off the three-day event. Hurd has also been a keynote speaker at past Oracle Modern Finance Experience events.

At Oracle Modern Finance Experience 2017, Hurd’s keynote was entitled Modern Finance – Data Driven and in the Cloud. He discussed how to modernize the finance organization by utilizing data and the cloud, allowing companies to control cost, make processes more efficient, and drive new innovations in collaboration with all lines of business. Oracle’s executive VP, corporate controller, and chief accounting officer Corey West and senior VP of global business finance Ivgen Guner also joined Hurd for a conversation about Oracle’s own implementation of Oracle Financials Cloud.

Oracle ERP Cloud momentum has been at a level we’ve never really seen before.” – Mark Hurd, 2017 Oracle Modern Finance Experience

Hurd revealed his five predictions for the future of Cloud Computing at Oracle Modern Finance Experience 2016 in Chicago. His cloud predictions generated a buzz in the industry:

  1. At least 80% of production applications will be in the cloud (up from approximately 25% of SaaS applications today)
  2. Two cloud suite providers will have 80% of the SaaS apps market
  3. 100% of new development testing (Dev/Test) will be in the cloud
  4. Virtually all enterprise data will be stored in the cloud
  5. Enterprise clouds will be the most secure IT environments

He believes it isn’t a question of if customers move their ERP solutions to the cloud, it’s a matter of when. Moving multiple applications to the cloud may not yield immediate cost savings, but it can result in increased innovation while freeing up resources.

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