“Peloton continues to devote research and thought leadership to prepare our clients and partners to accelerate adoption of business performance management and analytics applications either on premise or in the cloud"
Boston, MA (PRWEB) (PRWEB) February 04, 2015
Peloton, a nationally recognized leader in Enterprise Performance Management and Business Analytics, today announced the publication of the Peloton CloudAccelerator for Oracle Planning and Budgeting Cloud Service (PBCS) on the Oracle Cloud Marketplace. By listing Peloton’s CloudAccelerator solution on its Marketplace, Oracle recognizes Peloton for its dedication to and capabilities in cloud-based planning solutions and the PBCS platform.
“Our publication of the Peloton CloudAccelerator for PBCS on the Oracle Cloud Marketplace and our success with PBCS at Racepoint demonstrates that Peloton continues to be at the forefront of cloud-based planning and budgeting solutions," said Guy Daniello, CEO and Founder of Peloton.
Peloton leveraged the CloudAccelerator at Racepoint Global, bringing three planning applications live in less than three months. Ed Abel, Racepoint CFO, presented at CloudWorld and discussed how world-class planning and budgeting is now easily within reach of businesses of every size—with no IT infrastructure investments and with minimal IT resources. Streamlined financial planning, budgeting, and forecasting at cloud speed is available to companies with Oracle Planning and Budgeting Cloud Service (PBCS) at a reduced cost, accelerated timeline, and increased user adoption all while leading to a quicker and more flexible process previously not available to them with other application options.
The cloud computing market has exploded in size, growing from a $77 billion market in 2010 to an estimated $210 billion in 2016 and with 46% of organizations considering a cloud deployment in 2015. At the recent CloudWorld in Boston, MA, Oracle shared a powerful vision of digital transformation; together with technologies such as mobile, social, big data and the Internet of Things, cloud is fueling disruptive business models that are rewriting global markets. "Transformation isn’t going to happen—it has fundamentally already happened, and every company is subject to these forces of change," said Shawn Price, Oracle Senior Vice President of Cloud Go-To-Market Strategy. "The risk of moving too slowly is that your company becomes irrelevant."
Peloton views the move towards business analytics in the cloud accelerating. Time sensitive business information is more frequently being delivered on user-driven timelines without the legacy delays of waiting weeks or even months for systems developed and delivered by IT. Access to information at the speed of the cloud is now available with the rapid assembly capability of applications that no longer require IT support for hardware and infrastructure. Now freed from significant capital dollars and key resource drains, IT can focus on more strategic IT initiatives due to the transformation provided by the cloud.
Peloton has been actively guiding global firms in accelerating the shift to the cloud. Our teams are ready to guide your organization’s roadmap and to identify obstacles along your journey to the Modern Business Cloud. For more information on Oracle Cloud Services and the journey to the cloud, contact us at: insights(at)pelotongroup(dot)com
Peloton is a nationally recognized leader in Enterprise Performance Management, Business Analytics, and Information Management. Our Advisory, Implementation, and Outsourced Services drive business transformation in the areas of Business Planning, Consolidations and Financial Reporting as well as Business Analytics, Data Integration and Technology Infrastructure.
Peloton Business and Technology professionals provide unique perspective, proven experience and leverage an innovative and collaborative approach to achieve results for our clients. At Peloton, we are committed to helping organizations leverage leading practices to Achieve Optimal Performance!
Peloton is a Platinum level member of Oracle PartnerNetwork (OPN).
About Racepoint Global
Racepoint Global is an integrated marketing communications agency that puts brands at the “intersection of influence and action.” To generate maximum results for their clients, Racepoint Global starts with a powerful story and then creates, distributes, and activates content in places people naturally engage – affecting opinion, shaping perception, and driving decisions. Racepoint Global redefines the way marketing is conducted globally and provides a blended, ‘new concept’ team to their clients, ensuring exceptional communications programs that reach and influence desired target audiences.