Oracle JD Edwards EnterpriseOne In-Memory Applications

Oracle corporation, continuing to create solutions based on technology of calculations in RAM, announced in June, 2013 the beginning of sales of new Oracle applications of JD Edwards EnterpriseOne In-Memory Applications for the ERP system of Oracle JD Edwards EnterpriseOne.

In general new business applications of Oracle JD Edwards EnterpriseOne In-Memory Project Portfolio Management and Oracle JD Edwards EnterpriseOne In-Memory Sales Advisor allow customers to raise income and profitability thanks to acceptance of more operational and reasonable business solutions, reported CNews in corporation. Working at the optimized hardware and software systems Oracle Engineered Systems of the business application provide instant data availability for generalization and modeling, allowing to use effectively big arrays of transaction and other significant information for the help in acceptance of business solutions and control of processes.

According to developers, the high performance of processes is reached thanks to use of RAM of DRAM, a flash memory and the network InfiniBand interface with almost zero waiting time in the optimized hardware and software systems Oracle Engineered Systems. The current processes of the ERP system of JD Edwards EnterpriseOne, such as "From the order before payment" (Order-to-Cash), closing of financial periods (Financial Close), requests for running state of work assignment / project (Job/Project Status Inquiry) and material requirement planning (Materials Requirements Planning), are executed about 6 times quicker on Oracle Engineered Systems, than on normal equipment, thanks to conversion of batch processing in real time and to speeding up due to improvement of opportunities of visualization of the user interface.

According to in Oracle, the JD Edwards EnterpriseOne In-Memory Applications applications on the optimized hardware and software systems Oracle Engineered Systems provide the high speed of collecting, systematization and synthesis of data in real time.

JD Edwards EnterpriseOne In-Memory Project Portfolio Management helps heads of the companies and project managers to make more operational and reasoned decisions thanks to the data transparency level unavailable earlier on costs and profitability of a project portfolio. The new application works about 24 times quicker than existing application of JD Edwards EnterpriseOne Project Costing Job Status Inquiry which, according to the company, corresponds only to a small part of requirements of business.

Among new important functionality there are applications: preparation of the reporting under all project portfolio; ensuring transparency of financial data of projects (with providing all necessary documentation on contracts) via the single user interface; synthesis of information on a project portfolio (with structuring information on regions, the trade missions, project type, etc.); fast problem solving thanks to full and detailed access to all project data; verification of financial data of projects with the help of the built-in diagrams and charts.

In turn, the JD Edwards EnterpriseOne In-Memory Sales Advisor application helps to make decisions in the anticipatory mode, raises the service level of clients and experience of employees, allows to manage sales returns by the upselling method (i.e. by belief of the consumer to purchase more expensive version of a product which has any additional qualities) and also provides in real time statistical and continuous data about profitability.

The companies with departments of customer service can seize the opportunities of the new module for providing operational recommendations to the employees for the purpose of increase in volume of the sold goods (for achievement of required profitability of sales) at direct customer interaction. In general the new application provides information on data bulks in fractions of a second. Uses technology of multithreaded logical data processing for viewing the complete list of quotations and rates on each client and displays of suitable level of commodity volumes in real time.

At the same time, JD Edwards EnterpriseOne In-Memory Sales Advisor provides: operational assessment by personnel on work with clients of recommendations about upsell-sales and implementation of these recommendations in real time in the course of interaction with buyers; visual indication if the free goods are associated with the increased amount of purchases that gives to the client an additional incentive for increase in volume of its order; information display about profit on commodity units, the order and the client during order placement on purchase.