Components of Oracle Fusion Applications
Included in the Oracle announcement is...
Oracle Fusion Financials is part of Oracle Fusion Applications, which are completely open, standards-based enterprise applications that can be easily integrated into a service-oriented architecture. Designed as a complete suite of modular applications, Oracle Fusion Applications help you improve performance, lower IT costs, and get better results. Whether you choose one module, a product family, or the entire suite, Oracle enables you to gain the benefits of Oracle Fusion Applications at a pace that matches your business needs.Ah we’ll take the whole suite. I’m not going to detail the actual modules that will be used in the application, that's for others to decide. My involvement in the Preliminary Specification and subsequent development is nothing. As I have mentioned here before, I have to choose between doing all of the work or none, and I have taken the sane choice. There is no in between. Although I would love to participate in these developments, my role is to secure the financial resources for the development team and Community of Independent Service Providers.
From what I have been able to read about the application modules, they will be extremely flexible and provide the Community of Independent Service Providers with the ability to bring substantial and innovative systems to their producer clients.
Two things that stand out in my quick review, the first being what’s not there. That is any oil and gas specific functionality or process management. These are generic applications that are designed to be developed further for the individual industries use. That is where People, Ideas & Objects, and the Community of Independent Service Providers, will develop and provide the industry with systems based on using the Joint Operating Committee as the key organizational construct of the innovative producer.
The second point is about the overall architecture of the applications. SAP requires you to pick a process that is close to what you want and cater the firm to that process. As was noted in a recent post, the Oracle Fusion Applications provide the opportunity to design the most efficient organizational process and then build the systems to support the optimal solution.
For the industry to successfully provide for the consumers energy demands, it’s necessary to build the systems that identify and support the Joint Operating Committee. Building the Preliminary Specification is the focus of People, Ideas & Objects. Producers are encouraged to contact me in order to support our Revenue Model and begin their participation in these communities. Those individuals that are interested in joining People, Ideas & Objects can join me here and begin building the software necessary for the successful and innovative oil and gas industry.