Skip to main content

EDMCS is Here!!!

For all those folks who worked / working in DRM and have been waiting to see the EDMCS in the cloud. It's here

Every time, I look at cloud.oracle.com I always see the "COMING SOON". See below


I don't see it today. I believe it's officially launched. I am not the first one to spot. I would like to give Juan the credit for his tweet. Click on the "Quick Tour" on the right side to see a few slides of what EDMCS is all about


There is no Pricing tab along with "Overview", "Features" and "Learn More". I would expect that this is available for the very few privileged and may be open for everyone in due course of time (I have no idea when that is going to me)

I don't see the documentation link under "Learn More". Thankfully, I was able to dig a little and able to find the documentation here. This will be your starting point

Oracle is doing a great job providing lot of video tutorials and EDMCS is no exception. I personally learned a lot about Oracle EPM cloud tools though I do not have access to many of them. "Get Started" will be your starting point.
If you are unsure of how you would get more out of the videos and documents, follow my instructions below


Overview : Take a look at the overview / tour of EDMCS (link here) to get a view of what EDMCS is and what you can do with EDMCS

The document is organized in a way that you can navigate based on the list of tasks that you will be performing in EDMCS. Below is the order of tasks that you would be performing with EDMCS and it is worth to explore each step one by one


Click on "Configure Applications" and take a look at the Getting Started section

In contrast to DRM, EDMCS follow an application based approach

You have to create an application first followed by dimensions, nodes and required properties
Thanks to Oracle EPM cloud team for adding the PBCS and EPBCS directly (Can't ) as the application type. You can also select the "Custom" and define a custom application.

I would have to explore more to understand the terminology that is used here
Information Model, Data Chain, Viewpoints are few things which came across while looking at the document
I am not a DRM expert and have to connect back with my folks to get a more deeper understanding of how it works in EDMCS

If you have already explored EDMCS, I would appreciate if you can give more information about it. Till then, Happy Learning!!!
Labels:

Comments

Post a Comment

Popular posts from this blog

PBCS/EPBCS - ASO exclude shared & Dynamic

As you all are aware that Oracle releases patches to EPM cloud every month (EDMCS is released every 2 months) and the patches are applied on first-week of Friday in Dev and third-week of Friday in Prod I did a post long back about a challenge that I have faced in on-premise and how I have addressed that. New functions were released in Nov-2018 release of PBCS. Below is an excerpt from the readiness document. You can find the document here New Aggregate Storage Functions in Calculation Manager The following Aggregate Storage functions have been added to Calculation Manager. These functions filter the shared and dynamic members from the Point of View (POV). The functions can be used in the POV of an Aggregate Storage custom calculation or allocation. @FilterDynamic(Dimension Name, Member Name) removes all dynamic members from the list of members @FilterShared(Dimension Name, Member Name) removes all shared members from the list of members @FilterSharedAndDynamic(Dime...
Post a Comment
Read more

EPM Cloud Tips & Tricks - #1

The first EPM cloud product was released in 2014 and it's been six years till date. I was recently part of an FCCS implementation project. I know what you might be thinking. Coming from completely essbase and planning background and been working on it for almost 12 years and doing an FCCS project? Well, it turned out that way and it was a change for me too than being in my comfort zone and took it as a challenge.  I have been very busy for over the past one year and I didn't really had a chance or time to get back to my blogging and sharing my knowledge. The project finally went live and I am going to share my bit of learnings. Some of it you might alread know The first tip is going to be an easy one and those who have worked in FDMEE / Data Management in the cloud, you might already know it. But, this is very important when it comes to FCCS as zeroes are valid from Balance Sheet standpoint Data Management by default doesn't load zeroes. Below is a excerpt from the document...
1 comment
Read more

EPM Cloud (PBCS/EPBCS/FCCS) - Report Bursting & Reports scheduling

The first product of Oracle EPM cloud was launched in 2014 and it's been 5 years and over the course of these 5 years, Oracle has every EPM product in cloud to what is available in on-premise. With so many products under the EPM belt each with its own functionality, there is a real need to have a single unified reporting tool that can handle all your reporting requirements across all your EPM products at one place. EPRCS (Enterprise Performance Reporting Cloud Service) is the Oracle direction to address all the reporting needs for any organization of any size. If your team is responsible for the management, narrative and external reporting with the ability to author, collaborate and a solid approval process, you definitely have to consider implementing EPRCS at your organization EPRCS can connect to your EPM Cloud products, Essbase cloud and also to your Fusion Applications Essbase app. It addresses all your financial, management, narrative and disclosure reporting. I am not goi...
4 comments
Read more