Cloud Archives - Buchanan Technologies

Oracle Cloud CPQ VS Competitors

admin — Sun, 24 Nov 2024 15:42:24 +0000

Oracle Cloud CPQ (Configure, Price, and Quote) is a cloud-based solution that helps businesses automate the sales quoting process, reducing the time and effort required to create accurate and competitive quotes. In comparison to its competitors, Oracle Cloud CPQ offers several advantages:

Integration with Oracle Cloud: Oracle Cloud CPQ integrates with Oracle Cloud’s suite of applications, such as Oracle Sales Cloud, Oracle Commerce Cloud, and Oracle Service Cloud, allowing businesses to streamline their end-to-end sales processes and improve their overall customer experience.
Flexibility and scalability: Oracle Cloud CPQ is a highly configurable solution that can be tailored to meet the specific needs of businesses across a range of industries. It can also scale to support the needs of growing businesses and enterprises.
Advanced features and functionality: Oracle Cloud CPQ offers advanced features such as AI-powered pricing recommendations, dynamic configuration, and guided selling capabilities, which can help businesses optimize their sales processes and increase revenue.
Security and compliance: Oracle Cloud CPQ is built on a secure and compliant platform, helping businesses to safeguard their sensitive data and ensure compliance with industry regulations.

However, it’s important to note that different businesses have different needs and requirements and areas like salesforce could be useful, and what works well for one business may not work as effectively for another. Therefore, it’s essential to evaluate different CPQ solutions based on your specific business requirements, budget, and implementation timelines.

In summary, Oracle Cloud CPQ is a competitive solution that offers several advantages compared to its competitors. However, it’s important to evaluate multiple solutions and choose the one that best meets your specific business needs.

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Change Management and your next ERP Project

admin — Sun, 24 Nov 2024 15:37:23 +0000

Is it important or not so important?

Yes, change management is important to any Oracle ERP project and an a la carte option for Buchanan Technologies to provide. Oracle ERP implementation often involves significant changes to an organization’s business processes, technology infrastructure, and culture. Effective change management can help ensure that these changes are successfully implemented and adopted by the organization, leading to a more successful ERP implementation and a higher return on investment. It is all good on paper until the people show up.

Change management involves planning, communicating, and executing strategies to help individuals and organizations transition from their current state to a desired future state. This includes identifying and managing resistance to change, providing training and support to employees, and ensuring that the organization’s culture and processes align with the new ERP system.

Change management can help ensure that the following benefits are realized from your Oracle ERP project:

User adoption: Effective change management can help ensure that users adopt the new system and processes, reducing resistance to change and increasing the likelihood of success.
Efficiency and productivity: Implementing new processes and systems can lead to increased efficiency and productivity, but only if users adopt and use the new tools effectively. Change management can help ensure that users understand how to use the new system and are motivated to do so.
Alignment with business goals: Change management can help ensure that the new ERP system is aligned with the organization’s business goals, reducing the risk of failure due to misalignment.
Risk mitigation: Change management can help identify and mitigate risks associated with the ERP implementation, reducing the likelihood of negative consequences such as project delays or cost overruns.

In summary, change management is important to any Oracle ERP project because it helps ensure that the new system is successfully implemented and adopted by the organization, leading to increased efficiency, productivity, and alignment with business goals. It is all good on paper until the people show up.

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What Should You Look For in an Oracle Consulting Firm?

admin — Sun, 24 Nov 2024 15:27:36 +0000

There are several factors that customers should consider when selecting an Oracle consulting firm. To be the premier Oracle resource delivery firm in the marketplace, we focus on these areas and suggest that you should take a look at.

Experience: Look for a consulting firm with a track record of successful Oracle consulting projects and experience working with clients in your industry. The firm’s experience can indicate their level of knowledge and expertise in the Oracle technology stack and their ability to deliver solutions tailored to your business needs.
Expertise: Ensure the consulting firm has a deep understanding of Oracle’s software suite and its related technologies, such as Oracle Database, Oracle Fusion Middleware, and Oracle Cloud applications. The firm’s expertise can be reflected in their partnerships with Oracle, and their ability to offer end-to-end solutions.
Approach: Look for a consulting firm that takes a collaborative and client-centric approach to consulting, and can provide customized solutions tailored to your specific business needs. The firm should have a deep understanding of your business objectives and challenges and be able to provide solutions that align with them.
Value: Consider the consulting firm’s pricing model and the value they offer for their services. Look for a firm that offers transparent pricing, clear deliverables, and measurable outcomes.
Support: Consider the level of customer support, contact with ownership, and maintenance the consulting firm provides. Look for a firm that offers ongoing support and maintenance services to ensure your Oracle solutions remain up-to-date and optimized for your business needs.
Reputation: Research the consulting firm’s reputation by checking their reviews, ratings, and client testimonials. A reputable firm should have positive feedback from past clients and a strong reputation in the industry.

In summary, when selecting an Oracle consulting firm, customers should consider the firm’s experience, expertise, approach, value, support, and reputation. By evaluating these factors, customers can choose a consulting firm that can provide the right solutions to meet their business needs. Buchanan Technologies strives to deliver an exceptional experience.

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Oracle Cloud EPM – What to know!

admin — Sun, 24 Nov 2024 15:12:50 +0000

Oracle Cloud EPM (Enterprise Performance Management) is a comprehensive suite of cloud-based applications that helps organizations of all sizes manage their financial planning and reporting processes, while also providing powerful analytics and performance insights. Buchanan Technologies specializes in delivering talent in this area. Oracle Cloud EPM is considered to be a good product for several reasons:

Robust functionality: Oracle Cloud EPM offers a wide range of functionality, including financial planning, budgeting and forecasting, financial consolidation, account reconciliation, tax reporting, and profitability and cost management. The platform also includes advanced analytics and reporting capabilities.
Scalability: Oracle Cloud EPM is a cloud-based platform, which means that it can easily scale to meet the needs of growing organizations. It is designed to handle large volumes of data and complex financial processes, making it a suitable solution for enterprises and mid-sized businesses.
Integration with other Oracle Cloud products: Oracle Cloud EPM is part of the larger Oracle Cloud suite of products, which includes Oracle Cloud ERP, Oracle Cloud HCM, and Oracle Cloud SCM. This means that it can easily integrate with other Oracle Cloud applications, allowing businesses to streamline their financial processes and improve their overall efficiency.
User-friendly interface: Oracle Cloud EPM has a modern, intuitive user interface that makes it easy for users to navigate and perform tasks. The platform also includes powerful collaboration tools, such as threaded discussions and notifications, which can help teams work more effectively together.
Security and compliance: Oracle Cloud EPM is built on a secure platform and is designed to comply with industry regulations, including SOC 1 Type 2, SOC 2 Type 2, and ISO 27001.

In summary, Oracle Cloud EPM is considered to be a good product that offers robust functionality, scalability, integration with other Oracle Cloud products, a user-friendly interface, and strong security and compliance features. Buchanan Technologies would be interested to partner with you to deliver quality consulting talent to implement these solutions.

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How does Oracle ERP Finance shape up?

admin — Sun, 24 Nov 2024 15:10:34 +0000

Buchanan Technologies works in a staffing capacity but, in many cases, offers the best a la carte features of a consulting company. Whether Oracle staffing or consulting is a better solution depends on your specific needs and circumstances.

Oracle staffing involves hiring temporary or permanent employees who have the specific skill set and expertise required to support your Oracle systems. These employees work directly for your organization and can be trained to understand your business processes, culture, and goals. This approach is best suited for companies that require ongoing support for their Oracle systems, have a well-defined scope of work, and want complete control over the project’s management and delivery.

On the other hand, Oracle consulting involves working with an external vendor who specializes in Oracle systems to provide expert advice and support for specific projects or initiatives. Oracle consulting firms typically have a pool of experienced consultants (ask if they are 100% employee or they are doing staff augmentation) who have a deep understanding of Oracle systems, best practices, and industry trends. They can provide specialized knowledge and expertise that your internal team may not have. This approach is best suited for companies that require expert advice and support for specific projects or initiatives, have a defined project scope, and want to leverage the expertise of a specialized vendor.

Ultimately, both Oracle staffing and consulting can be effective solutions depending on your specific needs and circumstances. It is essential to carefully evaluate the pros and cons of each option and determine which approach aligns best with your business goals and objectives. In many cases, consulting firms will deliver a staffing solution and charge consulting rates. You want to be sure to pay for what you get and hold the firm accountable to deliver upon the expectations that have been set in advance.

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Oracle Consulting VS Oracle Staffing

admin — Sun, 24 Nov 2024 15:06:33 +0000

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Achieve End-to-End Workflow Automation with ServiceNow

admin — Thu, 19 Sep 2024 20:42:05 +0000

Through incident management, service operation automation, performance monitoring, and knowledge base building, ITSM systems maximize the delivery of IT services. ServiceNow provides a comprehensive platform for the management of IT operations. ⁤⁤It is particularly adept at integrating with various enterprise systems, enabling the seamless sharing of data and the unification of governance across both technical and non-technical services. Now imagine a platform that not only automates tedious processes but also connects every process, system, and team effortlessly in the cloud, therefore changing the way your whole company runs. ServiceNow’s Now Platform does exactly this. The Now platform utilizes automation to enable your company to scale smoothly, break down silos, and run with unparalleled efficiency whether you are handling IT, HR, customer service, or industry-specific processes. This blog explores the transformative potential of Service Now’s innovative technology, the Now platform, which can automatically and optimally run entire operational systems across various industries.

Critical Capabilities of Now Platform

At the heart of ServiceNow’s automation solutions is the Now Platform, which provides a robust foundation for building and integrating digital workflows across an enterprise in the cloud. Its key capabilities include:

Ensuring consistency across business processes and scaling service delivery capabilities –

With its uniform architecture, data model, and service catalog, the Now Platform guarantees consistency and scalability. Data integrity and the elimination of silos are achieved through the integration of all business operations into seamless workflows. A reliable information technology (IT) infrastructure and service source is provided by the Common Service Data Model (CSDM) and the Configuration Management Database (CMDB). Moreover, Knowledge Management and the Service Catalogue also provide users with self-service choices, boosting operational efficiency, service delivery, and enterprise-wide scalability.

Better employee and customer engagement –

The Now Platform streamlines and improves processes for employees and customers through chatbots, mobile applications, and user-friendly self-service portals. User Experience Analytics for tracking engagement and Virtual Agents for conversational interfaces allow organizations to improve service interactions continuously. Also, users can access information and execute tasks anytime, from anywhere, thanks to the platform’s mobile solutions and configurable service portals. This improves service delivery and boosts satisfaction for both employees and customers.

Increasing workforce productivity and reducing operational costs –

The Now Platform increases workforce efficiency by automating job categorization, routing, and prioritization, allowing teams to focus on correcting issues faster. It provides real-time information, optimal scheduling, and demand forecasts to guarantee that resources are utilized effectively. Teams may increase service delivery while maintaining high performance by quickly accessing SLAs and integrating coaching tools. It enables employees and managers to provide faster, more efficient services and better overall customer experiences by leveraging Service Level Management (SLM) and purpose-built workspaces.

Accelerating enterprise automation –

Users can utilize tools like Flow Designer and Process Automation Designer to automate processes with minimal coding, relieving teams from repetitive work. The platform’s Integration Hub enables businesses to interact with third-party apps, while Robotic Process Automation (RPA) automates high-volume manual operations, increasing efficiency. It optimizes resource utilization by automating task assignments and utilizing intelligent routing, allowing staff to focus on high-value activities and innovation.

Leveraging AI for better decision-making –

By automating tasks and offering actionable information, the platform eliminates human labor and allows for fast resolution. Moreover, it enables businesses to work smarter by using built-in intelligence that proactively personalizes interactions. Its Predictive Intelligence employs machine learning to automate decision-making, route tasks, and discover insights, and Generative AI boosts productivity by creating content and summarizing situations. The platform optimizes operations with Natural Language Processing and Performance Analytics capabilities, allowing businesses to make data-driven decisions and continuously enhance service delivery.

Providing security across the entire operational environment –

The Now Platform ensures end-to-end trust and security for your business workflows through dedicated high-availability cloud instances and multi-layer encryption. Automated security controls and approved integrations offer consistent protection, while privacy and access restrictions limit who has access to data and services. The platform ensures data integrity and the security of sensitive information through compliance with several regulatory standards. Data is protected by robust encryption and role-based access restrictions, providing enterprises, partners, and stakeholders confidence that the digital environment is secure and compliant.

Unlock Industry-Specific Automation with ServiceNow and Buchanan Technologies

The Platform offers numerous use cases across industries, helping businesses automate processes, integrate systems, and drive digital transformation. In healthcare, it connects patient records with IT and HR systems, improving service accuracy and reducing delays. The manufacturing sector can utilize it to automate supply chain and inventory management, reducing production bottlenecks. Financial services can automate compliance and transaction workflows, ensuring consistency and adherence to regulations while the retail sector can benefit from streamlined inventory management and customer service. Each use case demonstrates the platform’s ability to optimize industry-specific workflows and drive efficiency.

As a trusted implementation partner, Buchanan Technologies has the expertise to help organizations harness the full potential of ServiceNow, driving digital transformation and unlocking the benefits of automation. Ready to revolutionize your workflows? Get in touch with Buchanan Technologies today to learn how we can implement ServiceNow solutions like the Now Platform for you.

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Why Your Business Needs Oracle Cloud EPM for Agile Planning

admin — Tue, 17 Sep 2024 14:55:12 +0000

Oracle Cloud Enterprise Performance Management (EPM) helps you model and plan in HR, sales, supply chain, and finance. It also speeds up the closing of the books and helps you make better choices. The platform is a set of technical and functional parts that all Cloud EPM systems can use. It gives users a more consistent experience and makes management easier across all business processes. This blog will delve into the advantages of Oracle Cloud Enterprise Performance Management and discuss its evolution and next-generation features.

Benefits of Oracle Cloud Enterprise Performance Management

There are primarily three main advantages for businesses when using Oracle Cloud Enterprise Performance Management. These are:

Get more value with the fullest cloud – Financial and business planning, consolidation and close, master data management, and more are just some of the functions that can be used to meet a company’s unique needs.
Make better choices with the use of embedded knowledge – With built-in scenario modeling and advanced analytics, companies can make better choices. With AI and machine learning, businesses can get data-driven insights that will help them move quickly.
Plan across business – Connect all the company’s data in a way that doesn’t cause any problems. This way, you can make predictions and scenarios that are updated automatically even as your bottom line changes.

Next-generation of EPM in Cloud

In the last two decades EPM software platforms have changed from Windows-based client/server systems to web browser-based apps that can connect to the internet. Today, more and more businesses want cloud-based EPM software. The cloud is a less expensive option than an on-premise EPM, and it lowers both operational and capital costs. This is because companies don’t have to buy software and hardware or hire more IT staff. Since Oracle’s Cloud EPM eliminates the support for costly, capital expense infrastructure, resources can be put toward growth, and employees can focus on jobs that add more value instead of managing IT.

There is now a new breed of Cloud EPM that can use new technologies like artificial intelligence and machine learning to perform advanced tasks. They help companies make decisions and bridge the gap between thought and action by finding hidden patterns and insights in old data. It has a big effect on all kinds of decisions, from practical ones like “which vendor to pay first” to operational ones like “reallocating budgets” to strategic ones like “mergers and acquisitions.” Oracle’s Cloud EPM can also automate routine chores to get rid of the need for manual labor and lower the risk of mistakes. This category includes a lot of the tasks that need to be done to close and reconcile the books. When this kind of automation happens, finance staff can have more time to work on operations and give management the advice they need to take advantage of the next opportunity. Moreover, using EPM in the cloud is better than individual options.

The unified solution or applications suite is an important part of current EPM clouds. An EPM cloud suite is better than deploying a single-point software tool for tasks like consolidations or planning and budgeting. A complete solution that ties together an organization’s management tasks, ensuring that strategy and execution align with each other. This means that employees can view and understand more about every part of the business. Also, the Oracle Cloud EPM helps customers get the most out of their investments by integrating data and processes with their main ERP systems in a way that doesn’t cause any issues. A next-generation EPM cloud suite helps finance leaders make their companies ready for the future.

Buchanan’s expertise with EPM Cloud

As an Oracle Partner with specific knowledge in Oracle Cloud, Buchanan Technologies is in an ideal position to help your company set up Oracle Cloud Enterprise Performance Management (EPM). We ensure that Oracle EPM works well with your current systems using our extensive technical knowledge and years of experience delivering Oracle solutions. This lets you make better financial plans, and business choices based on data.

With Buchanan, you can utilize Oracle Cloud EPM to its maximum potential, knowing that you have a partner you can trust and rely on. Contact us today to learn more about our Oracle expertise and solutions.

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Supercharge Employee Engagement with Oracle HCM

admin — Tue, 17 Sep 2024 14:27:57 +0000

The most valuable resource for every company is its staff. That’s why Human Capital Management (HCM)’s contribution to maximizing this resource remains a crucial strategy for organizations. However, the role of Human Capital Management (HCM) has undergone significant evolution over time. Historically, Human Capital Management (HCM) was defined as a streamlined approach to conventional HR department administrative chores like hiring, training, payroll, compensation, and performance management. But now, using these administrative chores has expanded to increase engagement, productivity, and overall business value. It now leans more toward employee needs and engagement. With its sophisticated integration of artificial intelligence and automation, Oracle HCM or Oracle Human Capital Management, leads the market in improving employee experience so that companies may fully utilize their staff’s strengths and increase the overall business culture. This blog discusses Oracle HCM’s capabilities and how it is changing workforce management effectively.

The New Era of Workforce Management

Traditionally, HR has always been perceived as a back-office function focused on administrative tasks. But, in recent years, HR has advanced to strategically drive business outcomes through effective employee engagement. The HR departments now understand that employee experience has a direct impact on an organization’s success. Therefore, they work hard to include productivity, innovation, and customer satisfaction.

According to Gartner’s research on the Hype Cycle for HR Technology, highlighting employee experience is a dominant theme in HR technology today. Organizations are increasingly investing in technologies that enhance employee engagement, streamline HR processes, and provide personalized experiences. In this regard, Oracle HCM stands out in the HR technology market by offering a comprehensive solution that seamlessly integrates AI and automation to meet these evolving demands and trends.

Oracle HCM: A Comprehensive, AI-Driven Solution

From hiring to retirement, Oracle Fusion Cloud Human Capital Management (HCM) provides a single platform covering every facet of an employee’s lifetime with a company. Moreover, Oracle HCM’s ability to use artificial intelligence and automation to personalize and improve the employee experience at every touchpoint sets it apart.

Oracle HCM offers important features for managing the entire employee lifecycle and enhancing employee experience. From sourcing and recruiting to performance management and succession planning, the Talent Management feature assists companies in managing the complete staff lifetime. Furthermore, using artificial intelligence, the application guarantees ongoing learning and development by matching the best-fit applicants to roles and aligning individual goals and business objectives. Additionally, the Workforce Rewards feature manages payroll, benefits, and pay scales. This helps companies create unique reward plans that draw and retain top talent. Besides Talent Management and Workforce Rewards, Oracle HCM also provides Workforce Management. This feature streamlines labor cost management, time tracking, and compliance across a worldwide workforce.

Enhancing Employee Engagement with Oracle HCM

A major determinant of good organizational performance is employee engagement. Engaged employees remain longer with the company, are more productive, and are dedicated to meeting business objectives. Oracle HCM improves employee engagement in several ways:

Personalized Employee Experience: Using artificial intelligence, Oracle HCM examines employee data to generate customized recommendations for wellness initiatives, learning opportunities, and even career progression. This customized strategy makes staff members feel appreciated and supported, which increases engagement and satisfaction.

Self-Service Tools: The self-service features of Oracle HCM enable staff members to handle their own HR responsibilities, such as pay stub access, time off requests, and personal information updates. Thereby increasing productivity and allowing staff members more control over their work experience.

Continuous Feedback and Development: Oracle HCM offers solutions for performance management, goal setting, and career planning, thereby supporting a culture of continuous feedback and improvement. Regular feedback and easy tracking of their development toward objectives enable employees to remain motivated and engaged at the workplace.

The Role of AI and Automation in Employee Experience

It is estimated that by 2025, 60% of enterprise organizations will adopt a responsible AI framework for their HR technology, achieving greater employee experience and trust in the organization. Leading this framework model, Oracle continues to modernize human capital management with a full set of Oracle Cloud HCM that uses AI and automation to greatly improve the employee experience by optimizing HR procedures, reducing the need for human intervention, and guaranteeing the timely and correct transmission of information.

Insights powered by AI enable HR executives to review company data, unearthing trends that guide proactive management choices. Payroll and benefits administration can be outsourced to automation, allowing human resources workers more time to focus on long-term goals. Predictive analytics can help firms plan ahead for workforce needs, allowing them to tackle problems like employee turnover before they even happen.

How Buchanan Technologies Can Help

Our staff of experts at Buchanan Technologies is committed to helping companies apply and maximize Oracle HCM solutions to fit their particular requirements. Buchanan Technologies offers the knowledge and experience to help you at every stage of the journey, whether your goals are to raise employee engagement, simplify HR procedures, or improve decision-making using artificial intelligence-driven analytics. With Oracle HCM, we can fully manage your employment procedures and drive your business goals ahead. Get in touch today to learn more.

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Leverage Oracle Cloud to Achieve Sustainability Goals

admin — Tue, 17 Sep 2024 14:17:06 +0000

According to a recent Gartner survey, 69% of CEOs see sustainability as a top corporate growth opportunity. They believe environmental sustainability is critical to their long-term strategy, ranking it among the top ten corporate priorities, ahead of productivity and efficiency. In line with the rising demand for ESG measures from businesses worldwide, Oracle Cloud Infrastructure (OCI) offers a high-performance green cloud solution with a strong commitment to sustainability. It provides a high-density computing environment powered by renewable resources, which aligns with the circular economy principles. Moreover, OCI allows companies to stay ahead of the competition while reducing their environmental effect. This blog discusses how OCI supports sustainable business practices and how Buchanan Technologies can help your business achieve sustainability goals with OCI.

Benefits of sustainable cloud solutions with OCI

Oracle Cloud Infrastructure (OCI) is an excellent option for businesses that want to improve their information technology capabilities and achieve sustainability since it provides various benefits that make it appealing. These benefits include:

Reduced Emissions With Cloud Migration

In addition to its obvious financial advantages, cloud computing provides a greener option for businesses trying to reduce their environmental footprint. Compared to an enterprise using an on-premises system, Oracle achieves substantially greater usage rates by managing and maintaining an extremely dense cloud computing environment. With OCI, an organization can have an elastic computing platform that grows dynamically, removing the need to create extra capacity in anticipation of future needs.

Contributing to the Circular economy

Nowadays, businesses no longer need computing hardware to execute their operations physically. They simply need to be able to compute. OCI consolidates hundreds of on-premises deployments, which simplifies hardware and supply logistics. The cloud’s inherent nature optimizes the delivery of new hardware, the management of spare parts, and the recycling or reuse of end-of-life gear. Furthermore, measurement is critical for lowering an organization’s environmental impact.

Oracle’s risk and performance management solutions enable you to measure, manage, and report on your sustainability initiatives by providing fast, comprehensive, and auditable environmental data. Businesses can ethically source materials, create and deliver goods, and design more environmentally conscious products. OCI’s sustainability analytics capabilities also improve environmental data collection while ensuring compliance with international regulations. Thus, enabling these functions of OCI optimally contributes to the circular economy.

Sustainable Supply Chain Management

OCI Supply Chain Management enables businesses to integrate sustainability into their operations by prompting companies to implement environmentally conscious design, circular procedures, and increased supply chain efficiency. Key recommendations include using recycled materials, optimizing demand forecasting to reduce waste, ensuring ethical sourcing, and improving manufacturing productivity.

Additionally, OCI helps companies track and enhance sustainability practices across the entire supply chain, from production to distribution, by leveraging the increased use of renewable resources, minimizing emissions, and monitoring environmental data. This holistic approach helps businesses meet their environmental, social, and governance (ESG) goals.

OCI’s Sustainable Expertise: The Buchanan Way

As a managed service provider, Buchanan enables customers to reduce their technology infrastructure footprint by migrating solutions to centralized, off-premises, cloud-based environments like OCI. This significantly minimizes the need for on-site hardware that requires space, power, and cooling, positively impacting climate change. Buchanan Technologies can guide your business in seamlessly implementing Oracle Cloud Infrastructure (OCI) and its sustainable solutions, ensuring your operations are optimized for both efficiency and environmental responsibility.

To learn more about our Oracle Cloud Manufacturing & Supply Chain Management (SCM) and other OCI-related solutions, click here or get in touch with us at https://www.buchanan.com/contact-us/.

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