Your JD Edwards Strategy for 2021: Where Next?
Where should your organisation's JD Edwards strategy go for 2021?
With the continued transition to a digital working world, organisations are still confused as to what their next strategic step should be for their ERP system.
At Version 1 we are aware that there are multiple options available for JD Edwards customers in this situation. To answer this question, we need to address the typical challenges your organisation may be facing.
A few of the typical challenges you may face include:
- Need to refresh ERP infrastructure
- The ERP Solution is out of vendor support
- Need to enable digital transformation
- Ensure GDPR compliance
- Need to be able to react faster to change and innovate
- Expectations of auditing
- Limitations of a heavily customised ERP solution
With JD Edwards EnterpriseOne 9.2 in Premier support until 2031, Oracle have demonstrated their commitment to JD Edwards, and organisations have a significant opportunity to benefit from the latest innovation and modernisation available from JD Edwards, whilst maximising their underlying investment in their core ERP system.
The switch to Oracle’s Continuous Delivery Model ensures that improvements are being released on a quarterly basis and can be adopted incrementally with less operational disruption. Additionally, the potential journey to Cloud opens even more opportunities, so it is also crucial that organisations recognise the business drivers that can be achieved through their strategy options.
Why should you leverage your JD Edwards investment?
By leveraging your existing investment, your organisation will be able to:
- Improve agility and innovation
- Reduce costs and modernise existing IT systems
- Reduce risk
- Increase performance and business insights
What is the best option for my organisation?
With multiple upgrade options available, it is important to identify the best path for your organisation.
A move to the public cloud can remove hardware dependency, freeing up infrastructure and maintenance times, but Capex is required for the migration and the cost of Oracle licensing needs to be taken into consideration. Migrating to Oracle Cloud Applications could reduce the total cost of ownership over several years and ensure that your organisation is always on leading technology, but customisations are unavailable, updates are pushed regularly to users, and would have to be a fully scaled implementation project.
Does the investment in your JD Edwards infrastructure, software and employees, often over a number of years to create a system that provides competitive advantage, tailored to your business needs necessarily mean that you should move away from this? With JD Edwards EnterpriseOne 9.2 in Premier support until at least December 2031, the regular functional and technical innovations being released by Oracle, and the ability of Version 1 to support you adopting these initiatives as part of an upgrade or a rolling programme then you are well placed to adapt to the required change and may just be looking for assistance as to how to unlock more value from JD Edwards. Cloud technology or hybrid integrations to best of breed cloud solutions may be part of the roadmap journey to support your strategy.
These options can be overwhelming for assessing your JD Edwards strategy – so how can we help?
We have created a JD Edwards Strategy Roadmap process that delivers a personalised ERP strategy that is relevant to your organisation’s unique business model, platform, and vision. Our roadmap discovery process will help you understand your current and future state options and provide insight to map new JD Edwards releases and technology to enable your innovation and business strategies. Please get in touch with Version 1 to find out more.
