Rafael Chooses Oracle’s ERP Cloud Solution

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The defense sector was not one of the first to move to the cloud, but it seems the revolution has reached it too. The Israeli Rafael has chosen Oracle’s ERP cloud solution and has begun implementing it in its US branch.

Rafael designs, develops, manufactures and supplies a wide range of high-tech air, space, ground and maritime security systems for the Israeli security system and IDF, as well as clients around the world. The company offers its clients a range of innovative solutions at the leading front of global technology, from underwater systems to air systems to space systems.

Rafael is the largest employer in the north of Israel, with some 7,000 employees, subcontractors, and suppliers. It is the second largest defense company in Israel, with sales reaching $2 billion in 2015.

Oracle ERP Cloud is an innovative ERP system combining top of the line technologies in the fields of user experience, advanced BI tools and collaboration tools, which allow organizations to operate in a new and dynamic world of business. The system brings the very best of technology along with vast experience in the field of ERP. The system looks forward and help organizations manage their current, and mostly prepare for a paradigm breaking business world – the embodiment of modern management.

Oracle ERP cloud is part of an integrative cloud solution suite which includes CRM, HCM, and budget planning in a single system.

The system allows fast implementation, with no servers, no installations and dramatically saves costs of integration and operation. The project includes full implementation of financial, purchase and stock modules. It began in February and is expected to end in May this year.

Oracle’s cloud currently performs more than 33 billion transactions a day for 70 million users around the world.