An important turning point in business data management had been reached with Oracle’s most recent database version, 23C. Understanding the main features of this edition is essential for database administrators and technology executives as businesses traverse the changing terrain of digital transformation. Here are five key Oracle 23C Release facts you should be aware of.
1. Strategic Release Schedule and Testing Windows
With three distinct release schedules, Oracle maintains a systematic quarterly update cycle. In particular, 23C updates production environments on the third Friday of the selected quarterly month and non-production environments on the first Friday. Organizations have a critical testing window to verify their business operations within this two-week interval.
Organizations may use this strategic two-week gap as a critical testing window to verify their business operations, evaluate any effects, and make the required modifications. While preserving system security and performance improvement, the methodical approach guarantees that company activities will be disrupted as little as possible.
2. Long-Term Release Benefits
As a long-term release, the 23C version is notable for its improved stability and extensive feature set for developers and data engineers. Because it allows experts to deal with different data formats without being constrained by structural issues, this classification is very important. The ability to do sophisticated operations, such as graph analytics, on both relational and JSON data is a significant advancement in data processing power.
3. Enhanced Financial Management Features
Workflow management and intercompany transactions are greatly enhanced by the finance module in 23C. Account coding errors may now be resolved more quickly and workflow activities can be monitored more efficiently by organizations. One noteworthy feature is the ability to directly fix intercompany transactions, which removes the need to repeat the import procedure from scratch when mistakes were made.
4. Advanced Human Capital Management Capabilities
23C offers significant advancements in the HCM field with an emphasis on talent management and global HR. Organizations’ approaches to employee development have been completely transformed with the launch of Oracle Grow, a component of the ME employee experience platform.
This all-inclusive solution combines opportunities for learning, skill development, and real-world experience, resulting in a more unified strategy for competency building and career advancement.
5. Streamlined Supply Chain and Manufacturing Processes
Significant modifications are made to the SCM module in 23C, especially with regard to the production and procurement procedures. The flexibility to manage negative material transactions, which permits component removal from in-house or outsourced subassemblies, is a noteworthy development. Organizations may now handle purchase orders and requisitions in several currencies with ease thanks to the procurement features’ improved support for multi-currency transactions.
Conclusion
Oracle 23C introduces significant enhancements across various business modules, paving the way for smoother and more efficient operations. However, with the tight testing windows required to validate these updates, manual testing becomes a time-consuming and risky endeavor. This is where Opkey, an official partner of Oracle, can make a difference.
As a no-code test automation tool, Opkey simplifies and accelerates the testing of Oracle Cloud quarterly updates, reducing guesswork and minimizing business risks. By automating the regression testing process, Opkey ensures that only the most critical areas are tested, saving valuable time and resources while maintaining the integrity of your Oracle Cloud applications. Leverage Opkey’s predictive impact analysis to ensure your Oracle 23C Release is seamless and risk-free.
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