Demonstrate Business Value

Demonstrate the progress toward your goals by reporting on the outcomes of your cloud transformation.

To evaluate how successfully your organization accomplishes its goals for cloud adoption, review the metrics and key performance indicators (KPIs) that you identified previously.

It's a good practice to build a business dashboard that shows the progress of your cloud initiative. An executive dashboard should provide an easy-to-understand visualization of the results. Design your dashboard so that it demonstrates key indicators of success:

• Value achieved: Quantify the value that you have achieved relative to your baseline.
• Value forecast: Analyze trends and predict future performance.
• Value do-more: Identify the processes, technology, and training that you can implement to gain incremental value.
• Value enhance: Explore additional Oracle services, features, and capabilities that can help you transform processes, modernize workflows, and capture material benefits in the cloud.

By providing clear reporting to business stakeholders, you promote continued sponsorship for your cloud adoption and transformation. Importantly, you also help your organization to formalize the results of your investment.

Additional Information

For inspiration, see how Oracle@Oracle demonstrated business value by sharing:

• How they achieved the fastest close on the S&P 500, and why it matters
• How they transformed finance operations at Oracle with Oracle Cloud EPM