For many businesses, PeopleSoft has been an essential system for managing core operations like finance, HR, and supply chain management. PeopleSoft users have relied on Rimini Street as an external support provider to help them maintain their systems at a lower cost. However, with Rimini Street support now coming to an end, PeopleSoft customers are left wondering: What’s next? Is it time to move on to something new?
In this article, we will explore the options for PeopleSoft users after the end of Rimini Street support and why migrating to Oracle Cloud could be the best move for future growth.
The End of Rimini Street Support
Rimini Street has provided third-party support for PeopleSoft systems, helping companies maintain their legacy applications while keeping costs down. This support included updates, patches, and security fixes at a much lower price than what Oracle’s own support services would cost. However, as Rimini Street phases out its support for PeopleSoft, many businesses will be left without the safety net they have relied on for years.
Without this external support, companies may face challenges in maintaining their PeopleSoft systems. The absence of security patches, software updates, and compliance checks could expose organizations to risks. Additionally, relying on outdated technology might make it difficult for companies to keep up with changing business needs and digital transformation.
Why Move to Oracle Cloud?
If you’re a PeopleSoft user, now might be the right time to explore Oracle Cloud. Moving from PeopleSoft to Oracle Cloud offers a range of benefits that can help future-proof your business. Below are some of the top reasons why businesses are making the switch.
1. Improved Security and Compliance
One of the biggest concerns when using outdated systems is security. With Oracle Cloud, businesses benefit from cutting-edge security features that are constantly updated to protect against cyber threats. Oracle Cloud provides automatic security patches, continuous monitoring, and built-in compliance tools that help businesses stay up-to-date with industry regulations.
With Oracle Cloud, you no longer have to worry about vulnerabilities in your system that could lead to data breaches. The cloud’s robust security infrastructure ensures your data is protected and complies with the latest industry standards, allowing you to focus on your core business. This is one of the significant Benefits of Oracle Cloud for organizations seeking peace of mind.
2. Access to Innovative Technology
Oracle Cloud offers access to some of the most advanced technologies available today. Businesses can take advantage of Artificial Intelligence (AI), Machine Learning (ML), and automation to streamline operations and improve decision-making.
AI and ML capabilities can be used to analyze data more effectively, helping businesses identify trends and make better, data-driven decisions. Automation tools reduce the need for manual work, increasing efficiency and freeing up time for employees to focus on higher-value tasks. By migrating to Oracle Cloud, PeopleSoft users can take full advantage of these innovations to drive business growth. These innovative features are just a few of the Benefits of Oracle Cloud that can accelerate a company’s digital transformation.
3. Cost Savings
One of the major reasons businesses choose to migrate to the cloud is cost savings. Maintaining PeopleSoft systems on-premise can be expensive due to hardware maintenance, software updates, and data center costs. These costs add up over time and can drain valuable resources.
Oracle Cloud eliminates the need for expensive physical infrastructure and costly system upgrades. With a cloud-based solution, businesses only pay for what they use, making it a more cost-efficient option in the long run. Additionally, Oracle Cloud’s flexible pricing plans allow businesses to scale their systems according to their needs, reducing the overall cost of ownership.
4. Scalability and Flexibility
Another key advantage of Oracle Cloud is scalability. As your business grows or changes, Oracle Cloud can easily scale to meet your needs without requiring expensive hardware upgrades or complex installations. Whether you need more storage, additional computing power, or new applications, Oracle Cloud makes it easy to scale up or down as needed.
This flexibility is especially important for businesses that experience fluctuations in demand. During peak seasons, you can quickly increase resources, and when demand decreases, you can scale back, saving on costs and maintaining optimal performance.
5. Integrated Applications for Streamlined Operations
Oracle Cloud provides a fully integrated suite of applications that covers everything from finance and HR to supply chain management and customer service. These applications work seamlessly together, allowing for better collaboration between departments and more efficient workflows.
With Oracle Cloud, you can integrate PeopleSoft data with Oracle’s cloud-based applications, enabling you to access real-time information and streamline processes across your organization. This integration helps break down silos and ensures that everyone in the organization is working with the same up-to-date information, improving decision-making and overall productivity.
Is It Time to Migrate?
If you’re still using PeopleSoft with Rimini Street support, you might be asking whether it’s time to migrate to Oracle Cloud. While the transition may seem like a big step, it’s important to consider the long-term benefits. Migrating to Oracle Cloud is an investment in the future of your business. With enhanced security, innovative technologies, cost savings, scalability, and integrated applications, Oracle Cloud offers a modern, reliable, and flexible solution for today’s business needs.
Conclusion
The end of Rimini Street support for PeopleSoft systems may feel like the end of an era, but it also presents a unique opportunity to move forward. By migrating to Oracle Cloud, PeopleSoft users can take advantage of advanced technologies, improved security, and cost savings while ensuring their systems are ready for the future. With the flexibility to scale as needed and a fully integrated suite of applications, Oracle Cloud can help businesses modernize and thrive in an increasingly digital world.
If you’re a PeopleSoft user facing the end of Rimini Street support, now is the time to explore Oracle Cloud and take the next step toward future-proofing your business and reaping the full Benefits of Oracle Cloud.
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