Good News to all those who wanted to have full support of EPM 11.1.2.3 system for IE11, it looks like oracle has finally released a PSU 700 for EPM 11.1.2.3 version which states that with this PSU applied now on EPM 11.1.2.3 can fully support the latest microsoft's web browser IE11 (No more enterprise view)...
https://blogs.oracle.com/proactivesupportEPM/entry/psu_epm_11123700
https://blogs.oracle.com/proactivesupportEPM/entry/psu_epm_11123700
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