What is Oracle Insight Methodology? Before getting into it, you should know that Oracle Insight was created to be a global business strategy development practice to leverage skilled industry experts within Oracle in standards such as Supply Chain Operations Reference (SCOR) for supply chains and Information Technology Infrastructure Library (ITIL) for datacenters, and a proven methodology for identifying and answering IT strategy questions.
An Oracle Insight engagement can take from 3 to 6 months and follows a 4-step methodology that is customized for each individual client.
1. Industry perspective. Oracle Insight facilitates discussions with customer executives about the trends, best practices, challenges, and opportunities particular to the customer’s business.
2. Discovery. The Oracle Insightteam visits the customer site to study capabilities—in personnel, processes, and technology—that can be leveraged in an improved strategy. The team uses proprietary Oracle intellectual property and industry-specific frameworks in its assessments.
3. Solution design. A solution combining best-practice processes and supporting technology moves the client toward better-aligned strategy. The design includes a time-to-benefit analysis and an implementation plan.
4. Solution presentation. The Oracle Insight team works with the client to create an executive presentation that pinpoints the business benefits and value drivers of the solution, along with detailed information supporting the recommendation. These presentations are used to build consensus and secure funding from a company’s board.
The Oracle Insight methodology has been used by thousands of organizations worldwide, ranging from public-sector entities in the U. S. to financial services companies in EMEA and Japan.
The Oracle Insight Program is a comprehensive business strategy development program in which customers work closely with Oracle business and IT strategy experts to identify the critical objectives and challenges for their unique business needs and understand how technology can help address. The Insight Program was created to bring Oracle’s deep industry experience, technical skills, and extensive knowledge of business and IT issues directly to customers in a one-on-one collaborative setting.