With student success a top-of-mind issue for the higher education industry , institutions are poised to have their day in the sun — proving not just their academic worth but their strategic value as well . To make good on that promise and thrive in the digital age , institutions must stay ahead of the fast-changing forces that are driving new educational models , a student-minded culture and new ways of working . They must Be Future-Ready and Outpace Change .

The focus for many institutions is on improved student outcomes , which means retaining students in any possible way for them to reach their academic goals . But this requires many human resources , engaged faculty and skilled talent . Catering to your students also means that institutions and their workforces have the right insight and data at their fingertips to advise students properly . Answering the many student inquiries — from common to more complex financial aid questions — can be time-consuming , and often ends up being costly to institutions .

How do you stay ahead in a world that is changing faster than ever ? Human intelligence alone isn ’ t enough . Innovations in AI , machine learning and digital assistants are analyzing data , providing answers , and suggesting next steps to help students and employees respond in minutes , not weeks or months . Predictive analytics are forecasting multiple scenarios to help institutions be ready for future disruptions . Human resources , finance , and student-focused offices will play a pivotal role in building a future-ready institution that can not only withstand change , but outpace it .

Digital transformation is a challenge for any institution . In the past , most have relied on disparate , on-premises solutions designed to serve specific purposes . This meant that processes for core functions like recruiting , talent management , financial aid management , and financial planning and budgeting were carried out in different systems . With no integration — and no single system of record — processes were disconnected , ease of use was impeded , user experience was diminished , and vital data was left untapped .

Many institutions thought they could solve the challenge by simply performing a “ lift and shift ” of their on-premises solutions to a cloud infrastructure . While this model can reduce costs , it does not help with innovation of student interactions and processes themselves .

Hear how Butler University decided to simplify their financial aid process and how the University of Pittsburgh is modernizing their human capital management , financials , and analytic processes to Be Future-Ready and Outpace Change .

Get to know Oracle – we are committed to Higher Education . Built natively for the cloud to support the entire institution and student life-cycle , our solutions include Student Cloud , Enterprise Resource Planning ( ERP ), Enterprise Performance Management ( EPM ), Human Capital Management ( HCM ) and Customer Experience ( CX ) - all working together on a shared cloud platform .

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