ERP/EPM Cloud-Outpacing Change in a Disrupted World: Oracle OpenWorld 2019

The accelerating pace of change is affecting all facets of the enterprise. From business model disruption to heightened customer expectations and transformational process changes, nowhere is the impact of technology-powered innovations felt more acutely than in the finance organization.
Join Oracle’s ERP and EPM development leaders and trailblazing customers in this Oracle OpenWorld 2019 general session to see how technologies including AI, machine learning, conversational UI, and predictive analytics are reshaping and reinvigorating the finance and operations core of the business. See highlights of the product vision and learn the strategic perspectives needed to exploit disruptive opportunities and leverage change for competitive advantage.
Discover what Oracle OpenWorld is all about at www.oracle.com/....

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INSPIRING AND INSPIRING COMBINED WITH LATERAL THINKING
Globalisation
challenges us to defend our position in the international community
through innovation, knowledge and entrepreneurship. On many occasions in
recent years, there has been a functioning national innovation system.
In globalisation, however, high levels of knowledge have become the key
strategy of an increasing number of countries. This forces us to further
develop our innovation system. Here, too, the importance of lateral
thinking is emphasised, as it should play a significant role in
innovation. (Committee on the Future, 2004, foreword)
Finnish
society has been built over the past decades to be system-oriented. As a
result, the operating culture looks for practices that emphasize the
management of things. We still easily turn our eyes to institutions, not
people. This is also reflected in the definition of the national
innovation system. Officially, it is most often associated with
education, research, product development and technology. In this case,
the perspective of companies and networks remains thin. New innovations
arise from people's desire to create new things, find better and conquer
the world. The system must support and exploit this basic human will.
For the future, there is a huge difference between a Finnish innovation
system that smells and tastes like bureaucracy or dynamic and
entrepreneurial. (Committee on the Future, 2004, foreword)
The
development of the administrative and legislative aspects of the
innovation environment certainly plays an important role. This also
supports lateral thinking. The development of the operating environment
must primarily remove barriers to innovation and develop incentives.
International competition forces us to focus on an ever-improved
understanding of innovation. In this case, we are talking about the
development of both private and, in particular, public sector
activities. (Committee on the Future, 2004, foreword)
Regions
and businesses must now be able to continuously increase their capacity
to innovate. Broad-based cooperation, guidance of related processes and
the creation of structures is a major challenge that cannot be created
without responding to effective innovation systems. We are at a stage
of multidimensional reform that calls for reorganisation in physical,
functional and mental structures. (Committee on the Future, 2004, 5)
A
dynamic complex innovation system can suffer from a wide range of
shortcomings. They can relate to any part of competitive development:
production resources, technology, organisation, markets,
internationalisation, institutional environment, administrative
regulation - or the resilience of the innovation system as such.
(Committee on the Future, 2004, 5)