Today Information Technology is being redefined by cloud technology. The IT concept of on-premise is slowly fading away to off-premise. Cloud computing has caused a paradigm shift in information technology. With Oracle Cloud Applications (SaaS), whether it is ERP (Enterprise Resource Planning), HCM (Human Capital Management), Supply Chain Management (SCM) or EPM (Enterprise Performance Management), a trend that we observe is that customers are opting for smaller modules rather than going with the entire suite. The clients want to dip their toes in the cloud technologies by taking small steps. World’s biggest technology companies like Microsoft, Amazon & Google want to flourish in the cloud technology domain, as it is the next game changer in the industry.