A new version of Oracle E-Business Suite (EBS) has been released. The August 2019 release includes new features, requested by customers via the social media capabilities of the Oracle EBS Communities. August 2019 updates include support for modern business models, a modernized UI, and increased operational efficiency. Below are some examples.
On the Order Management front, you’ll find a new usage-based billing option to automatically generate invoices based on customer usage. Inventory Management users will now be able to comply with new FDA standards with multi-field barcodes, and Procurement managers will be able to conduct online negotiation of contract terms.
But what is it really, that makes this release important?
EBS 12.2.9 As A Statement
For the longest time, IT leadership in enterprises running Oracle was getting mixed messages regarding the urgency of moving to the Oracle Cloud suite. Along with the announcement that there will be no release 12.3, Oracle has also extended support for 12.2 through at least 2030.
More than anything, following the July 2019 releases of a Critical Patch Update, to address EBS security vulnerability, the 12.2.9 version release demonstrates Oracle’s commitment to a Continuous Innovation release model for Oracle E-Business Suite 12.2.
With Continuous Innovation, Oracle E-Business Suite 12.2 customers can continue to access new applications functionality and separately uptake later versions of the underlying technology, all without the time and expense of a major release upgrade.
What Does EBS 12.2.9 Mean for You?
If you’re running EBS 12.2, use the JDeveloper patch for EBS 12.2.9, patch 28840850 to benefit from the new features. Ensure zero downtime and zero defects at go-live with Panaya Release Dynamix (RDx) for Oracle®, Gain immediate visibility into the impact of this patch on your ERP and remove the risk to your existing business processes.
If you are a 12.1,11i customer, fear not. We’re here to help. Panaya’s solution for Oracle E-Business Suite Upgrade quickly identifies the risk factors in your planned initiative. Get a full list of pre-development corrections and tests sequenced and prioritized and you’re half-way there. To help with your Oracle EBS upgrade journey, we’ve put together this Fact Sheet.
Cloudbound? Your business rationale makes perfect sense. Oracle is a leader in Gartner’s Magic Quadrant for Cloud Core Financial Management Suites for midsize, large and global enterprises. Just be prepared to live in a hybrid reality for a while, as The Oracle ERP cloud offering is focused around core financial management and generally less rounded than Oracle EBS. Read this Panaya White Paper to learn everything to need to know about a phased migration.