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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 exam Format | 1Z0-1018 Course Contents | 1Z0-1018 Course Outline | 1Z0-1018 exam Syllabus | 1Z0-1018 exam Objectives


Exam Title : Oracle Revenue Management Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1018
Exam Duration : 105 minutes
Questions in exam : 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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point of view: Digital event for Communications | 1Z0-1018 Free PDF and real Questions

one of the crucial reviews that Rob Tarkoff is most proud of from the previous few months involves the state of new york, where in March 2020 public employees needed to work from home on the equal time residents had a flood of questions about how to get public functions. In 4 days, new york changed into capable of launch an Oracle CX-based COVID-19 phone response equipment that allow personnel working from domestic help people with complications ranging from getting a COVID look at various to renewing a driver’s license.

Tarkoff, who leads the Oracle Cloud CX team as executive vice chairman and frequent manager, knows that it takes much more than a cloud-primarily based utility app to make whatever thing like that turn up.

“You must take into account the business neatly to be able to make that trade,” he says. “when you've got simplest part of the equation, that you may’t circulation countries, movement healthcare systems, stream cities the style that we’re going to be capable of do this.”

to satisfy these wants, Oracle is now taking the a long time of competencies it has working with industries, equivalent to telecommunications, and blending it into its cloud-based functions for supplying incredible customer experiences.

Paul Greenberg, the founder and managing most important of The 56 community, recently talked with two people leading that effort—Tarkoff and Oracle’s Mike Sicilia, govt vp of Oracle’s international business units, which serve the wants of certain industries. They talked in regards to the burning considerations dealing with distinct industries these days, and about a new cloud carrier, Oracle Digital adventure for Communications, that demonstrates how Oracle is merging deep knowledge in industries with its consumer adventure capabilities. listed below are one of the insights that got here out of this dialog.

“The more they had these conversations round digital transformation, which were fueled by way of cloud conversations they were having with shoppers, the more they understood the totality of what they had to present and how they might convey it together to be sure that it solves the difficulty of industries.”

Mike Sicilia, government vice chairman, Oracle world enterprise instruments

Greenberg mentioned that technology suppliers, comparable to Oracle, need to first-class-tune functions to industry needs. if you don’t remember the context of your customer’s trade, they’re no longer going to be attracted to you in any respect. We’re speaking about totally selected industries which have very different needs.

Mike Sicilia: They spend lots of time thinking about industries internal of Oracle, and for a undeniable number of industries they have dedicated company devices that cater to the mission-important purposes for industries like communications, retail, utilities, meals and beverage, hospitality, financial capabilities, development, and health sciences. and that i consider we've a very compelling mixture of horizontal IP [intellectual property] and vertical IP, and admittedly, americans who are experts in each. We’re assembly the needs of their customers in those industries with items which are built from the floor up, now not veneers or bolt-ons to a further CRM platform.

Hear greater about CX transformation throughout industries.

Tarkoff: When i used to be heads down just building innovation in CX as speedy as I could, I began to be taught what they had in their trade portfolio. i used to be blown away. I knew that Oracle changed into in the trade sector, however I didn’t utterly admire how a great deal potential they have, not simply operationally running back-end techniques like billing and managing things—just the entire skills that they had, all the IP and their business-concentrated americans internal of Oracle. So, Mike and his group approached us and mentioned, ‘hey, they like what you guys are doing for products like CX solidarity.’ They took groups from both of their groups, mashed them collectively, and gave them a mission to move construct whatever thing.

Rob, you’ve at all times had a laser focal point on customer experience. You’ve at all times understood the have an impact on that an outstanding and or dangerous customer adventure may have. So how have you notion about taking CX and bringing it to the industries?

Tarkoff: There are some very interesting trade flows that they need to seize—things like, how do you launch a product with a telco or a communique provider company? How do you deal with consumer care in a global the place mobile producers and telcos are changing their distribution fashions and their deliver chain fashions? How do you help americans configure and order products? many of these agencies have got 10, 15, 20 distinctive rivals or subsidiaries and now have different customer billing systems. We’re helping all these corporations with this transformation. So why not build pleasing client journey capabilities for that industry?

Tarkoff and Sicilia speak industries: “in case you don’t keep in mind the context of your purchasers’ trade, they’re no longer going to be interested in you.”

So we’re launching Oracle Digital experience for Communications. It’s truly four purpose-built modules: How do you buy products? How do you launch items? and how do you do customer care and revenue in an trade that’s undergoing large disruption?

Sicilia: The extra they had these conversations around digital transformation, which were fueled via cloud conversations they had been having with customers, the extra they understood the totality of what they had to present and how they could bring it collectively to make sure that it solves the problem of industries.

Tarkoff: Mike and i said, ‘Let’s opt for a extremely complicated problem,’ which is telco. And it is a hard issue since it’s an business that’s present process lots of flux. after which let’s roll out that same mannequin to trade after business. We’re right in the beginning of that, so they get to benefit from that and goal-construct a CX journey for that.

We’re within the core of a pandemic without a transparent conclusion in sight, but most likely anything you build needs to be able to deal with what occurs afterwards. it will possibly’t be just crisis constructed; it has to be purpose developed.

Sicilia: With meals and beverage, you've got an business that went from high touch to no contact overnight. In retail, i will’t remember the last time I went to a shop for a activities jacket, however I’ve spent a lot of time browsing online for issues I desire delivered to my condo. This surprising transformation led to by the pandemic influences their valued clientele and their industries in very different ways. They’re looking for technologies to be able to aid them pivot. So in the event you suppose about customer journey, how do you consider about loyalty when people aren’t coming to your physical place? I think it’s something we’ll be organized to tackle.

Tarkoff: One component i will say is, we’re scratching the surface of what they are able to accomplish. We’re appropriate in the beginning of it. in order that’s what’s going to be outstanding.


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