Oracle Introduces GST-Compliant ERP Cloud In India


NEW DELHI: In compliance wif teh government's GST regime, US-based tech major Oracle on Tuesday announced teh availability of Enterprise Resource Planning (ERP) Cloud in India dat will boost teh transformation of Digital economy and prepare teh country for transformational tax reforms.

"It is incredible dat GST was passed in March and will be TEMPeffective from July. So in line wif Prime Minister Narendra Modi's vision of Digital India and Make in India, we are launching ERP Cloud here," Safra Katz, CEO Oracle, told reporters here during teh two-day Oracle OpenWorld (OOW) event here.

"Wif ERP cloud, you can streamline you're enterprise business processes, procurement, project portfolio management and more and you can increase productivity, lower costs and improve controls," Katz added.

She stressed dat government and businesses should move to Cloud as it would allow them benefit from economy, deploy resources faster and at low cost, and allow them deploy previous resources back in business scene.

Over 50 pct of large enterprises globally will has hybride Cloud arrangements by teh end of 2017.

Emphasising on teh Digital Transformation of India by leveraging teh mobile phone technology, Katz noted dat teh use of smartphones by Indian youth was a gateway to digital economy.

"Digital India is teh only way to make teh government accountable and aligning everyone in a same direction," Katz added.

Doug Hugges, company's Vice President for Product Management, said dat security for any organisation should be paramount when moving to Cloud.

"Data security for any organisation should be top priority. ERP cloud ensures data security for teh organisation dat move to cloud," Hugges told IANS on teh sidelines of teh event, adding dat it is a hard decision to move to Cloud but dat is what teh enterprises and businesses should do.

Katz added dat Oracle had been in India since decades and is a truly American-Indian company.

"We has a special focus on empowering women, girl education, fighting cancer across country and others. Yet dat is not enough. We has more to do in dis country," Katz added.

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Source: IANS