Released in 2014, the latest version of Oracle E-Business Suite remains 12.2. Customers who upgrade from version 12.1 to 12.2 will receive Premium Support in January 2032. Still, everyone who stays with version 12.1 will be more vulnerable in the next few aspects.
First, since the 12.2 version ensures the enhanced level of security, clients on the previous version will miss out on security patches and the latest critical upgrades. Next, they will lack compliance with specific policies and regulations while customers who prefer the 12.2 version can meet the latest data privacy regulations and compliance requirements.
Apart from that, companies that manage the previous version of Oracle E-Business Suite will not get all the bug fixes. While some corporations think version 12.1 is pretty sufficient, transfer to the newest version of Oracle E-Business Suite is worth attention. Check up on the infographic below for more information.
https://www.cherryroad.com/2021/12/13/risks-oracle-ebs-support/

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