Oracle products have earned praise from market research firm Gartner for several years, and this trend continued in 2018. Oracle ERP Cloud was the only system to be positioned in the “Leaders” quadrant in Gartner’s first Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises. Gartner defines this category as companies with annual revenue of $50 million to $1 billion.
According to Oracle CEO Mark Hurd, a number of Oracle’s existing customers are making the shift to Oracle ERP Cloud from their prior on-premises systems. Coupled with thousands of new customer wins for both Oracle ERP Cloud and NetSuite, the momentum drove significant SaaS revenue growth and makes it clear that customers share Gartner’s opinion.
The Gartner report assesses the top available cloud ERP solutions on the market across a wide range of criteria. Read a report summary or download the full report on the Modern Finance Leader blog.