If you have to rewrite all your Oracle SQL reports, re-engineer all your working integrations, adopt new-to-market products (Banner SaaS Voyager, Ethos User Provisioning, Data Connect, Insights, Apply, and Experience to name a few), lose all your customizations and modifications, possibly purchase new “SaaS Safe” 3rd party products while re-implementing over an 18-24 month time period …why wouldn’t you put out an RFP to ensure you’re getting the best new solution for your institution?
Or, you could keep YOUR Banner and migrate to Cloud in 4-6 months while other schools test and validate all those new products. Just sayin’