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Oracle 1Z0-1018 : Oracle Revenue Management Cloud Service 2018 Implementation Essentials Exam

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Test Number : 1Z0-1018
Test Name : Oracle Revenue Management Cloud Service 2018 Implementation Essentials
Vendor Name : Oracle
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1Z0-1018 test Format | 1Z0-1018 Course Contents | 1Z0-1018 Course Outline | 1Z0-1018 test Syllabus | 1Z0-1018 test Objectives


Exam Title : Oracle Revenue Management Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1018
Exam Duration : 105 minutes
Questions in test : 60
Passing Score : 64%
Format : Multiple Choice Questions
Exam Center : Pearson VUE
Real Questions : Oracle Revenue Management Cloud Service 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1018 Online VCE Practice Test

Revenue Management Overview - Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
- Explain Revenue Management Integration Requirements Standalone Selling Prices - Setup Revenue Management and configure standalone pricing (NEW for R13) OTBI and delivered reports - (NEW for R13) Explain how to create OTBI reporting objects
- (NEW for R13) Explain delivered reports uses and processes Revenue Management Setup and Configuration - Configure Revenue Management Cloud Services
- Placeholder Objective for another skill under Setup and Config Revenue Contracts - Manage contracts and Revenue



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Oracle questions

4 questions to Ask SAP all through SAPPHIRE | 1Z0-1018 test Questions and PDF Questions

figuring out how your plans align with these of your vital tech providers has certainly not been extra essential. now's the appropriate time to ask hard questions on your legacy applications and what the path to cloud-based mostly systems feels like.

“inflexible systems had been best when the world become plenty more steady and relentless. it truly is just now not the area we're in now,” says Brian Sommer, business analyst and founder of TechVentive. “I feel this pandemic has been a blow to on-premises systems. a lot of agencies are realizing that they do not need to have their IT headcount tied up in patching and keeping those programs.”

Oracle

Investing strategically in expertise all the way through an financial downturn paid off for a lot of companies right through the remaining recession, in response to McKinsey & Co. research. The enterprise examined 1,500 public groups from 2007 to 2011 to bear in mind which corporations outperformed opponents. The companies in the good 25% in complete return to shareholders owed a good deal of their success to investing aggressively in productivity advancements following the financial crisis, the research discovered, and those companies sustained 30% extra biological salary increase and had been capable of reduce their debt to equity ratio between 2007 and 2009.

“if you weren't considering reimagining how work receives accomplished within the business, how procedures movement, and how which you could raise automation, you’ll should study that now, because you want each abilities you could get,” Sommer says.

these days, corporations want their IT departments focused on innovation so one can modify, even shift their enterprise models, he says. Key to that innovation is system automation, as well as actual-time analytics that faucets synthetic intelligence and draws on IoT records.

businesses don’t want a driveway crammed with equipment and car components.

Brian Sommer, industry analyst and founder of TechVentive

“agencies don’t want a driveway filled with tools and vehicle elements,” Sommer says, they just wish to get in a vehicle and power. “They desire options—and if they hear a bunch of futuristic plans and ideas and spot just a few prototypes of things a seller could one day make obtainable, they don’t desire that. They are looking to hear that there's whatever thing they can take advantage of and take home and enforce these days.”

Given these enterprise demands, in case you’re attending SAP’s annual SAPPHIRE conference this week, listed below are a number of questions they at Oracle consider that you just may ask:

1. When will all of SAP’s acquired items—from the likes of Ariba, Fieldglass, SuccessFactors, Hybris, and CalidusCloud—have a single code line, a single product architecture, and a single records mannequin?

These SAP functions run on separate know-how stacks and require the SAP Cloud Platform to integrate with each and every other and on-premises SAP methods, all of which come to be requiring systems integration—some thing that SAP CEO Christian Klein lately mentioned has affected customer pride ratings.

in addition, if every of those standalone cloud items is on distinctive replace schedules, that leaves clients’ IT departments in steady replace mode. And systems with separate facts models make it harder for business users to build their own reports and analytics and get a unified view of how their business is performing.

2. How fast am i able to movement off old SAP on-premises systems? What’s the chance?

Leaders at companies still using rigid on-premises techniques are concerned, Sommer says, and that they need to ask: “How speedy can you do an implementation and get this boat anchor off of me?”

whereas velocity is an important consideration, they also deserve to take note dangers such as loss of performance.

“It’s essential to be aware how the company is monitoring its ecosystem of companions to make sure that they are going to convey precisely what you want within the right amount of time,” Sommer says. “no person wishes dying through a thousand cuts with a sluggish migration. There’s simply no appetite for that. It’s harmful, and the longer the implementation goes on the longer you contend with that chance.”

And youngsters the deadline for relocating to the SAP S/4HANA device has been pushed back a few instances, it’s complex and expensive to put into effect, and still generally contains handiest financials. companies that need to use SAP’s obtained cloud functions for the leisure of their vital functions will also need to license and configure the SAP Cloud Platform and integrate all of those techniques.  

3. How will SAP’s exact trade in leadership affect its purchasers?

On excellent of the business’s ever-relocating closing date for valued clientele emigrate to S/4HANA, SAP has in the ultimate yr lost its CEO and currently a co-CEO. The enterprise’s chief product officer left in can also, and the enterprise’s cloud division CFO will exit the company later this month.

“govt shakeups like these can indicate a complete strategic pivot, obstacle in paradise, or other strategic issues that patrons may wish to know greater about,” says Eric Kimberling, CEO and founder of Third Stage Consulting community.

four. How does SAP permit organizations to incorporate the latest technologies?

as an example, Leonardo, SAP’s providing for AI, laptop getting to know, IoT, and blockchain, is a standalone product. instead of incorporating these applied sciences into applications, making it easier for users to promptly take skills, Leonardo is a toolkit that leaves the heavy lifting to IT departments and consultants.

companies need to be in a position to analyze information from across the business at scale, tapping desktop getting to know to identify patterns tons more simply, cluster that suggestions, and then use that perception to make predictions, create scenarios, generate forecasts, and allow company users to take swift, corrective action.

“organizations want options. They need something they could take knowledge of at once,” Sommer says. With the should integrate the quite a few SAP cloud purposes in addition to this separate toolkit, he says, “you want an incredibly equipped implementer, and you need the implementer to stand in the back of those integrations over time, at the same time as changes and updates are made to diverse ingredients of the cost chain. If any of those integrations destroy, you want someone to be in charge.”


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