Oracle is announcing an update to the Oracle E-Business Suite (EBS) roadmap that adds a future major release subsequent to 12.2, the current major release. While we are not announcing a date for the future 12.X release, we are committing to support it through 2030 at least.
ROADMAP UPDATE Thousands of organizations around the world rely on Oracle E-Business Suite to run their key business operations. In fact, EBS systems fulfill orders for some of the largest consumer product companies, pay social benefits in many countries (the US Medicare system is a prominent example), manage integrated global ERP for some of the largest manufacturing companies, and support core operations for many defense and national security entities around the world. Often these systems use EBS as the core, which is further extended with substantial customizations and complex integrations. It is natural that organizations that rely on EBS for so much need to feel confident that their EBS systems will remain viable through their planning horizon.
It has long been Oracle's plan to deliver a major release beyond EBS 12.2 to allow for needed periodic refresh of the technical components on which EBS is built. However, because a post-12.2 release has not appeared in the published support timeline for EBS, there was some misperception that EBS might not be supported beyond the Premier Support period for EBS 12.2, which ends in 2023. This updated roadmap should correct any misperception, and clarify that while we are not announcing the release date of any future software, we are committing to support the next release of EBS through 2030 at least. This should allay customers' concerns and assist their longer-term planning.
We continue to invest in Oracle E-Business Suite in the three broad categories of functional advance, mobility and UI modernization, and operational efficiency all guided by customer enhancement requests. We are also working to ensure that EBS customers can take advantage of Oracle's SaaS investments by integrating, where practical, with SaaS applications that complement their EBS applications. In particular, an EBS customer can view SaaS products like Accounting Hub Reporting Cloud Service, Revenue Management Cloud Service, and In-Memory Cost Management Cloud Service as well-integrated functionality that can simply be added to an EBS system, just as one might add a new module within EBS. We are also working to bring EBS customers some exciting new capabilities with our Adaptive Intelligent SaaS applications. Finally, we continue to invest heavily in automation to help customers re-platform some or all of their EBS environments to Oracle's Cloud Infrastructure, allowing customers to get many of the benefits of Cloud operation while they continue to run EBS.
This update to the Oracle E-Business Suite roadmap should reassure customers who run critical operations on EBS that their system will continue to be supported and enhanced for years to come, and that we will work to bring the value of Oracle's Cloud Infrastructure and Applications to customers who want to continue leveraging their investment in EBS.
The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle
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