Evolution of the Cloud & The Impact on: - IT - Budgetstngfoa.wildapricot.org/resources/Documents/2018 Fall...Digital in the USA Snapshot of key digital indicators – January 2015
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ERP/EPM Cloud Strategic Programs Director Oracle Public Sector
Industry Expert for municipal and state government Authored white papers on transparency, budgeting and shared services in government MPA Syracuse University
22 years with Oracle Public Sector 10 years with Government Former City Manager
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
Digital in the USA Snapshot of key digital indicators – January 2015
320 MILLION
TOTAL POPULATION
URBANISATION: 82%
FIGURE REPRESENTS TOTAL NATIONAL POPULATION, INCLUDING CHILDREN
Sources: We are Social – Compendium of Digital Statistics – January 2015; Wikipedia; InternetLiveStats, InternetWorldStats; Facebook, Tencent, VKontakte, LiveInternet; GSMA Intelligence
280 MILLION PENETRATION: 87%
FIGURE INCLUDES ACCESS VIA FIXED AND MOBILE CONNECTIONS
186 MILLION PENETRATION: 58%
FIGURE REPRESENTS ACTIVE USER ACCOUNTS, NOT UNIQUE USERS
329 MILLION VS. POPULATION: 103%
FIGURE REPRESENTS MOBILE SUBSCRIPTIONS, NOT UNIQUE USERS
160 MILLION PENETRATION: 50%
FIGURE REPRESENTS ACTIVE USER ACCOUNTS, NOT UNIQUE USERS
Gartner predicts that the cloud will become the default option for software deployment by 2020.
Technology Evolution to the Cloud
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CIO Magazine August 2016 – “ERP Heads for the Cloud”
Cloud services can radically improve the productivity of the finance function by accelerating the diffusion of new best practices that are emerging around technologies like blockchain, artificial intelligence, and machine learning. Intelligent Finance: How CFOs Can Lead the Coming Productivity Boom, Dr. Michael Mandel, senior fellow at the Mack Institute for Innovation Management at the Wharton School
Research firm Gartner predicts that the cloud will become the default option for software deployment by 2020. (CIO Magazine August 2016 – “ERP Heads for the Cloud”)
Back office and citizen facing applications such as financials, procurement, project management, human resources, payroll, 311, grants management, maintenance management.
Services that can be standalone or complement a SaaS instance such as; business intelligence, new application development, document/content management, mobile applications, integration and security tools.
Patching, tuning, building reports, security, upgrades Focus on operational efficiency, historical data collection Transaction entry, account coding, error correction, spreadsheet manipulation
Process standardization, change management, strategic initiatives, innovations Process standardization, focus on agility, strategic decision making, team development Exception handling of automated processes, higher value activities
The transformational potential of AI in financial management applications will come in the next two to three years as more AI technologies are embedded directly into financial management processes to automate complex, non-routine activities with little or no human intervention. Also, using AI to improve the accuracy and effectiveness of financial forecasting and planning will transform these processes.” Gartner Report: “Impacts of Artificial Intelligence on Financial Management Applications,” Analysts Nigel Rayner, Christopher Iervolino, Published November 7, 2017.
Blockchain and distributed ledger technology will transform the delivery of public and private services, redefine the relationship between government and the citizen in terms of data sharing, transparency and trust, and fundamentally improve the delivery of government services. State of Illinois
By 2021, more than 50% of enterprises will spend more per annum on bots and chatbot creation than traditional mobile app development. Gartner Top Strategic Predictions for 2018, October 2017
“Blockchain technology holds great promise for the financial industry, in terms of security and verifiability of transactions in real time and in terms of increased efficiency and new capabilities to transact business across the globe” Kristopher Knight, Deputy Secretary of State - Delaware.
Define the Business Objectives What do you need to achieve, what efficiencies do you need to gain, how will you services and be positioned to grow and expand.
Define the Cloud Strategy Evaluate transaction, program and policy services that are candidates based on the strategic intent and which organizations will target customers.
Create the Roadmap Eliminate confusion if there are competing programs and identify activities that should be aligned to the shared services vision.
Deploy Cloud Services Determine the first components of the new operating model. Core decisions on the operating model impact the business case and implementation strategy.
Achieve New Operational Efficiencies Start leveraging new business capabilities to drive process improvement and help users do their job more efficiently.