Oracle News

Subscribe to Oracle News feed Oracle News
All Oracle Press Releases
Updated: 1 hour 6 sec ago

Oracle Announces Java SE 9 and Java EE 8

Thu, 09/21/2017 - 19:00
Press Release Oracle Announces Java SE 9 and Java EE 8 Sets Stage for Faster Releases and More Open Source Engagement

Redwood Shores, Calif.—Sep 21, 2017

Oracle today announced the general availability of Java SE 9 (JDK 9), Java Platform Enterprise Edition 8 (Java EE 8) and the Java EE 8 Software Development Kit (SDK). JDK 9 is a production-ready implementation of the Java SE 9 Platform Specification, which was recently approved together with Java EE 8 in the Java Community Process (JCP). Java SE 9 provides more than 150 new features, including a new module system and improvements that bring more scalability, improved security, better performance management and easier development to the world’s most popular programming platform. Java EE 8 modernizes and simplifies the Java EE platform for the cloud and microservices with updates to eight major specifications.

Java SE 9

The defining feature of Java SE 9 is the Java Platform Module System, also known as Project Jigsaw, which makes it easier for developers to reliably assemble and maintain sophisticated applications. The module system also makes the JDK itself more flexible, allowing developers to bundle just those parts of the JDK that are needed to run an application when deploying to the cloud.

“Java SE 9 is the result of industry-wide development involving open review, weekly builds and extensive collaboration between Oracle engineers and members of the worldwide Java developer community via the OpenJDK Community and the JCP,” said Georges Saab, vice president of development for the Java Platform Group at Oracle. “This version of Java SE will provide millions of developers the updated tools they need to continue building next-generation applications with ease, performance and agility.”

The OpenJDK Community is where a diverse set of contributors have collaborated for more than ten years on an open-source implementation of the Java SE platform. Other key features in Java SE 9 include:

  • jshell, which delivers an interactive Read-Eval-Print-Loop tool that makes it easy for developers to explore APIs and try out language features.
  • Improved Javadoc, which makes it easier for developers to learn new APIs by including a search function within the API documentation itself, as well as information on which module defines each class or interface.
  • Streams API enhancements, which improve developer productivity by adding methods to conditionally take/drop items from a Stream, iterate over a Stream’s elements, and create a Stream from a nullable value while expanding the set of Java SE APIs that can serve as sources for Streams.

For the full list of features introduced in JDK 9, please visit this page.

Oracle has also announced several changes to how Java SE and Java EE will be developed and released going forward.

For Oracle Java SE, Oracle is planning to move to a 6-month release cadence using a time driven release model rather than a feature driven release model. With that change, Oracle will also be providing OpenJDK builds under the General Public License (GPL). Finally, Oracle will be contributing previously commercial features to OpenJDK such as Java Flight Recorder in Oracle JDK with the goal of making Oracle JDK and OpenJDK more aligned. 

Java EE 8

Oracle has also announced its intention to move Java EE technologies to the Eclipse Foundation, in collaboration with other vendors and the community. Oracle, Eclipse and other community members are now working out the details behind the technology transfer and ongoing governance and process within the Eclipse community.

"Today’s major release of the Java Platform Enterprise Edition is one we think developers are going to be excited to use and by open sourcing Java EE technologies to the Eclipse Foundation, we have set it up for ongoing success in the future," said Mike Lehmann, vice president of product management, Oracle. "Oracle is committed to working with the Java EE community and the Eclipse Foundation to continue enterprise Java innovation, support and evolution."

Key features in Java EE 8 include:

  • HTTP/2 support in Servlet 4.0
  • New JSON binding API and various enhancements in JSON-P 1.1
  • Expansion of JAX-RS to support Server-Sent Events and a new reactive client API
  • New security API for cloud and PaaS based applications
  • Multiple CDI enhancements including support for asynchronous events

For a full list of features included in Java EE 8, please visit this page.

Java is the world’s most popular programming language, with over 12 million developers running Java and more than 1 billion downloads each year. Java is also the #1 developer choice for cloud, with over 21 billion cloud-connected Java virtual machines.

Contact Info Alex Shapiro
Oracle
4156085044
alex.shapiro@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Alex Shapiro

  • 4156085044

Follow Oracle Corporate

Oracle to Hold Annual Project Portfolio Management Day in South Africa

Thu, 09/21/2017 - 13:00
Press Release Oracle to Hold Annual Project Portfolio Management Day in South Africa Customers, industry experts to share insights into improving project delivery

Redwood Shores Calif—Sep 21, 2017

Today Oracle Construction and Engineering will host its annual Project Portfolio Management Day event in Johannesburg. Project management community peers and thought leaders will gather at the exclusive event to share knowledge and best practices to improve project planning and delivery. The event will take place at Summer Place in Hyde Park.   “The annual Project Portfolio Management Day provides a dynamic forum for a cross section of business and public organizations to come together and discuss the strategies and solutions they are applying to transform their organizations,” said Mike Sicilia, Senior Vice President and General Manager, Oracle Construction and Engineering.   Moritz Botha, Director, eTendering at the National Treasury of South Africa, will deliver a keynote address. In addition, Mike Sicilia will discuss Oracle Construction and Engineering’s strategic vision to empower organizations to improve project and program management outcomes in a session called Building the World of Tomorrow.   The program will feature sessions exploring the event theme of Business Modernization Through Digital Transformation and will also include the following speakers:  
  • Rubin Boer, Senior Business Analyst, PetroSA
  • Vaughn Harris, Director, BIM Institute
  • Daniel Birch, Senior Consultant, PWC
  • Corli Janse Van Rensburg, General Manager, Transnet Group Capital
For more information about the event, or to register to attend, please visit: Oracle's Annual Project Portfolio Management Day   Oracle Construction and Engineering helps companies reimagine their businesses. With best-in-class project management solutions, organizations can proactively manage projects, gain complete visibility, improve collaboration, and manage change. Our cloud-based solutions for global project planning and execution can help improve strategy execution, operations, and financial performance. For more information, please visit www.oracle.com/construction-and-engineering. About Oracle The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.   Trademarks Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.   # # #   Contacts: Natassia Badenhorst Manager, Corporate Communications, South Africa & Sub Saharan Africa, Oracle tash.badenhorst@oracle.com +27 11 319 4753   Judi Palmer Senior Manager, Oracle Industries, United States judi.palmer@oracle.com +1 650 506 0266      

Follow Oracle Corporate

Oracle Named a Leader in 2017 Analyst Evaluation for Enterprise BI Platforms with Majority Cloud Deployments

Thu, 09/21/2017 - 12:00
Press Release Oracle Named a Leader in 2017 Analyst Evaluation for Enterprise BI Platforms with Majority Cloud Deployments Oracle positioned as a leader in Business Intelligence for a broad and deep large-enterprise-grade BI portfolio

Redwood Shores, Calif.—Sep 21, 2017

Oracle today announced that Forrester Research has named Oracle a leader in its “The Forrester Wave™: Enterprise BI Platforms with Majority Cloud Deployments, Q3 2017” report. This placement confirms Oracle Analytics Cloud as a leader in the analytics space.

“By offering a single, integrated platform capable of serving all of an enterprises’ analytics needs, including self-service data visualization, data preparation, embedded machine learning and predictive analytics, Oracle Analytics Cloud helps businesses improve efficiencies and drive innovation,” said Rich Clayton, vice president product management, Oracle. “Our unique, comprehensive platform can address the needs of executives, analysts and data engineers while helping reduce the time and financial resources necessary to integrate and optimize a plethora of technologies for data-driven innovation.”

In Forrester’s 22-criteria evaluation of enterprise business intelligence platforms with majority cloud-deployment providers, Forrester identified the 10 most significant vendors and researched, analyzed, and scored them.  

Forrester notes: “With Oracle Analytics Cloud, Oracle supports the complete spectrum of BI needs at enterprise scale, ranging from self-service analytics to complex requirements leveraging Essbase’s powerful MOLAP engine. The vendor can also support hybrid scenarios. Comprehensive advanced analytics capabilities and natural language functions round out the offering. Customers of Oracle’s other applications (e.g., CRM or ERP) can gain additional benefits from the Common Enterprise Information Model, as the semantic layer extends across products. Existing Oracle customers will also welcome the increased licensing flexibility. With Oracle Day by Day, Oracle has made a fresh start on mobile, focusing on users’ information needs rather than on simple BI delivery.”

Part of Oracle Cloud Platform, Oracle Analytics Cloud provides the industry’s most comprehensive cloud analytics in a single, unified platform, including everything from self-service visualization and powerful inline data preparation to enterprise reporting, advanced analytics, and self-learning analytics that deliver proactive insights. With support for more than 50 data sources and an extensible, open framework, Oracle Analytics Cloud gives customers a complete, connected, collaborative platform that brings the power of data and analytics to every process, interaction, and decision in any environment – cloud, on-premises, desktop and data center. Oracle Analytics Cloud has experienced significant growth in 2017, tripling adoption in the last 12 months. In addition, Oracle recently introduced two innovative mobile applications – that leverage machine learning and natural language processing – Oracle Analytics Cloud Day by Day and Oracle Analytics Cloud Synopsis. Respectively, these applications deliver proactive analytics and visual analysis to mobile devices, helping ensure the right information is always available and actionable.

Contact Info Jesse Caputo
Oracle
+1.650.506.5967
jesse.caputo@oracle.com Sarah Fraser
Oracle
+1.650.743.0660
sarah.fraser@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Jesse Caputo

  • +1.650.506.5967

Sarah Fraser

  • +1.650.743.0660

Follow Oracle Corporate

Polish Retailer Marketing Investment Group SA Selects Oracle Planning

Wed, 09/20/2017 - 13:30
Press Release Polish Retailer Marketing Investment Group SA Selects Oracle Planning Oracle Selected to Unify Processes and Drive Productivity at Leading Polish Retailer

Redwood Shores, Calif.—Sep 20, 2017

Today, Oracle announced that Marketing Investment Group SA (MIG) has selected Oracle Retail Merchandise Financial Planning. MIG currently provides consumers with products of famous brands across more than 300 brick and mortar stores and 5 e-commerce outlets, through its own retail chain.

MIG efficiently manages a growing network of over 100 Sizeer stores, 150 under the brands of 50 style and operating stores of such brands like Timberland, Symbiosis, Umbro and up8. Dynamic growth through continued expansion and store openings in new markets, along with inconsistent manual spreadsheets resulted in the need for an integrated planning system to drive unified processes and experiences. The implementation of Oracle Retail will deliver a coherent, iterative plan to follow a single version of truth for the whole company.

“To secure future growth, we required a solution that allows for more detailed purchase planning, faster and more informed buying process, and reduction of stock inventory levels during collection intakes,” said Krzysztof Nitsch, COO and Board Member, Marketing Investment Group. “We will empower our merchants and planners to better manage stock by season, by truly understanding the inventory levers with Oracle Retail.”

“As Marketing Investment Group grows their business, the role of inventory becomes critical to their success and margin attainment,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We look forward to celebrating the success with Marketing Investment Group and Pronos.”

Oracle Retail collaborated with Pronos to deliver local, in-language implementation based on global expertise. Pronos brings unique fashion planning competencies with a lean delivery approach and accelerated schedule.

“We are partnering with the Marketing Investment Group to deliver a consistent and structured way of working across the business. The Oracle Retail implementation will facilitate the management of rolling objectives through proactive monitoring of an on-going business performance to drive productivity and visibility.” said Paweł Kowalewski, Vice President, Pronos. 

Contact Info Matt Torres
Oracle
4155951584
matt.torres@oracle.com About Oracle Retail

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Matt Torres

  • 4155951584

Follow Oracle Corporate

Draper James Gains Foundation to Grow Graciously with NetSuite

Wed, 09/20/2017 - 13:00
Press Release Draper James Gains Foundation to Grow Graciously with NetSuite Southern Lifestyle Brand Supports Omnichannel Strategy with NetSuite’s Retail Apparel Edition

San Mateo, Calif.—Sep 20, 2017

Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, announced today that Draper James, a fast-growing Southern-influenced apparel and homewares line founded by actor Reese Witherspoon, has implemented and gone live with NetSuite’s Retail Apparel Edition in 144 days to power its financials, inventory, customer and order management processes. Draper James now has an end-to-end view of the business across its wholesale distribution, ecommerce channels and three brick-and-mortar locations, to enable seamless omnichannel experiences for its customers and retail partners.

Witherspoon founded Draper James as a tribute to her Southern heritage and gracious Southern living, and in particular her grandparents, William James Witherspoon and Dorothea Draper – who never left the house without her pearls or wedding ring and always drove her white Cadillac with the proper driving gloves. To realize its mission to give everyone a taste of that contemporary yet timeless Southern style Witherspoon grew up with, Draper James needed to scale operations for growth across expanding channels – which included ecommerce, plans to open brick-and-mortar locations and engage in B2B partnerships with leading retailers.

When running a clothing line whose founder is an internationally acclaimed actor, a big part of delivering a great customer experience is ensuring that whatever Witherspoon is pictured wearing is available for purchase. And when a dress can sell out in mere minutes after she is photographed wearing it, ensuring supply matches demand is crucial.

That wasn’t so hard to do when Draper James first launched as an online brand in 2015. But demand for its dresses, t-shirts - adorned with phrases like “howdy,” - and friendly, powder blue gingham stationery, grew across the country. People everywhere from Greenville S.C. to Greenwich, Conn. were looking to incorporate a bit of Southern charm into their lives.  

“We really needed to have unified data to remove the barriers between channels,” said Melissa Baird, VP of Systems and Procedures for Draper James. “If a customer shopped in the Lexington store, and the only dress left in the network was in Nashville, we wanted to allow the customer the ability to easily purchase it from an iPad and have it delivered directly to the location of their choice.”

Draper James couldn’t meet the buy-anywhere customer expectation and wasn’t pleased with its previous inventory management processes, being forced to perform time-consuming, error-prone and inefficient manual workarounds in Excel. Disparate systems held the company back from getting to know its customers better, and from ensuring that what they wanted to buy was in stock. It knew sustainable, efficient growth depended on managing and maintaining flexible inventory across channels.

Draper James implemented NetSuite’s Retail Apparel Edition in June 2017 in 144 days using NetSuite SuiteSuccess; a methodology designed to deliver faster time to value, increased business efficiency, flexibility and greater customer success. SuiteSuccess leverages NetSuite’s depth of experience in the retail industry and business operations functionality, including preconfigured dashboards for retail-specific roles and reports with business intelligence for retailers that provides insight into top selling items, units per transaction, shrink reports, sales per hour, sell-through figures and retail stock-ledger.

“Since we’re such a young business, we needed a vendor flexible enough to allow us to morph and grow as a company,” Baird said. “We wanted a good partner for the long run — a like-minded vendor that understood what we were trying to do as we scaled as a company.”

NetSuite allows Draper James to manage its business across ecommerce, wholesale distribution and brick and mortar channels in a smarter way, maintaining flexible inventory and avoiding stock-outs. Efficient, lean operations allow Draper James to keep a laser focus on listening to customers, detecting patterns and focusing on adding value to the customer journey across its different retail touch points.

Since implementing NetSuite, the now 30-employee company has forged wholesale distribution partnerships with luxury retailers like Nordstrom and Net-a-Porter, and opened brick and mortar stores in Nashville, Dallas and Lexington. The business is headquartered in New York, with a warehouse in Greenville, S.C. and much of its manufacturing done in the south.

NetSuite provides an end-to-end view of business for retailers such as Draper James across wholesale distribution and ecommerce channels, as well as company brick-and-mortar locations, to enable seamless, omnichannel experiences for customers.

NetSuite’s cloud-based software removes complexity, and allows fast-growing companies with many remote workers to run best-in-class processes without high implementation costs and overhead associated with managing on-premise software. In turn, the business can adopt new functionality when it needs it to reach new goals.  For more information on NetSuite’s products, please visit http://www.netsuite.com.

Contact Info Christine Allen
Oracle NetSuite
603-743-4534
PR@netsuite.com About Oracle NetSuite

Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries.

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Christine Allen

  • 603-743-4534

Follow Oracle Corporate

Global Research Identifies Three Consumer Personas and Opportunities for Technology, Personalization to Innovate the Retail Experience

Wed, 09/20/2017 - 13:00
Press Release Global Research Identifies Three Consumer Personas and Opportunities for Technology, Personalization to Innovate the Retail Experience Audit of 15,000 Consumers Reveals Trends in Mobile Payments, Returns and Emerging Technology

Redwood Shores, Calif.—Sep 20, 2017

Today Oracle announced the 2017 findings of global research that audited 15,607 consumers across four key regions: EMEA (France, Germany, Italy, India, Spain, Sweden, UK) NA (Canada, USA), LAD (Brazil, Chile, Colombia, Mexico), and JAPAC (Australia, China) on their retail preferences and attitudes. Findings in the Retail in 4 Dimensions: Understanding Consumer Behavior in an Age of Relativity report highlighted three personas demonstrative of consumer behavior. It also revealed opportunities for retailers to identify the customer experience with personalization, mobile payments, automatic replenishment and virtual reality. The research insights indicate that consumer preferences for delivery, returns and self-service established with ecommerce have taken hold in a global, omnichannel environment.

Three Shopper Profiles Emerge

As digital innovation continues its radical rearrangement of the retail landscape, three consumer behavior macro trends emerge globally in the report: a fully omnichannel consumer taking advantage of a mix of digital and physical engagement points; a savvy shopper looking for new, innovative and technology-driven retail experiences; and a price conscious hunter always searching for the greatest value for money.

“In order to leverage these behavior trends and successfully reach these consumers, brands need to innovate on three fronts,” said Ray Carlin, SVP and GM Oracle Retail. “They need to truly know their consumer to personalize their experience and embrace Omnichannel excellence as an enterprise discipline while create capacity for innovation.”

The Nomad is a nimble shopper who is not loyal to a brand nor a channel and will examine multiple options for researching and locating products before making a purchase.

In the research:

  • 42 percent of consumers are now shopping both online and in-store every week
  • 73 percent want to return online purchases to a retail store
  • 55 percent want to check product stock on their mobile while in-store

The Player uses technology to fuel and guide their shopping experience and look for brands that re-invent the customer journey.

In the research:

  • 44 percent of families noted that virtual sales assistants are important
  • 35 percent like the idea of near real-time delivery via drone or driverless car
  • 43 percent love the idea of being able to 3D print custom fashion

For The Dealer the thrill of the win and discount drives their shopping behavior.

In the research:

  • 84 percent say that competitive pricing and promotions first and foremost are the most important aspect of their shopping experience
  • 65 percent say personalized offers and promotions are most important to them in their shopping experience
  • 50 percent want real-time offers online depending on what they’re browsing at that moment

Opportunities for Retail Innovation Identified in Six Key Trends

In the Retail in 4 D: Understanding Consumer Behavior in an Age of Relativity report consumers have clearly identified technology’s role in establishing new global standards for the retail community. These include a common expectation for returns and delivery, a desire for mobile payments self-service and opportunities for personalization.

 “As consumers reinforce these trends through purchase behavior, cloud infrastructure will play a more critical role by delivering innovation faster and enabling the retail community to keep pace with existing expectations and experiences,” said Jeff Warren, vice president strategy, Oracle Retail. “What continues to be true is the rising expectations and anticipated evolution of a fully omnichannel shopping experience. Retailers can’t afford to delay adopting cloud solutions that enable a single perspective of consumer behavior across offline and online storefronts.”

Navigating Personalization and Privacy

  • 67 percent of consumers stated that they did not wanting to set up an account for e-commerce checkout and at the same time 57 percent want instant one-click checkout that can only be enabled through creation of a payment profile
  • 29 percent would find offers based on ‘social media’ data ‘creepy’
  • 52 percent want personalized offers in-store based on personal data from their store loyalty account

Fashion Driving Store Traffic and Personalization

  • 83 percent of consumers indicated that they shop in-store at least once a week, and for fashion 7 percent of respondents shop in-store every day and 22 percent shop in-store several times a week
  • 50 percent of millennials and pre-millennials think 3D custom printing would be very engaging
  • 40 percent of consumers browse or buy fashion online at least once a week

Faster, Smarter Payments and Self-service

  • 56 percent say self-checkout machines are important to them
  • A majority of millennials noted the ability to research and reserve items for in-store pickup on the same day (65 percent) and next day (58 percent) as important
  • 60 percent want mobile payment options in-store with millennials (67 percent) and pre-millennials recording a stronger preference in particular

Simplifying the Returns Process

  • 82 percent want the ability to return an online purchase with free shipping
  • 34 percent of consumers want returns windows exceeding 30 days
  • 70 percent of consumers want free 2-day shipping on all purchases

Auto Replenishment and Grocery Recommendations

  • 48 percent think online automatic replenishment would be important to their experience in the future
  • 33 percent think it would be ‘creepy’ for supermarkets to ship grocery items based on purchase, social and environmental data
  • 40 percent think it would be ‘awesome’ if supermarkets use technology to ‘suggest’ a shopping list without automatically charging for it

Opportunities for Emerging Technology

  • 48 percent of consumers want to use virtual reality at home to navigate a personalized in-store experience and receive home delivery and 48 percent would use virtual reality to prepare a curated wardrobe to be picked up in-store
  • 39 percent think robot assistance would be ‘creepy’ and the sentiment is shared across age groups
  • Millennials (42 percent) and families (43 percent) showed the greatest interest in delivery by driverless car or drone

To access your copy of the research findings visit: www.oracle.com/goto/retail-in-4d

Contact Info Matt Torres
Oracle
4155951584
matt.torres@oracle.com About Oracle Retail

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Matt Torres

  • 4155951584

Follow Oracle Corporate

New Survey Finds Enterprises Racing to Deliver New Pricing Models to Support and Enhance Customer Experiences

Wed, 09/20/2017 - 12:00
Press Release New Survey Finds Enterprises Racing to Deliver New Pricing Models to Support and Enhance Customer Experiences

Redwood Shores, Calif.—Sep 20, 2017

A new Oracle Communications survey announced today “Monetization as a Competitive Advantage: New Services, New Opportunities,” highlighted the need for enterprises to move quickly to monetize new services to enhance customers interactions. The study found that enhancing customer experience is the most critical business objective for enterprises today and 75 percent of respondents see launching subscription-based services as a top priority as they look to digitally transform their customer engagement strategy.

To learn more about the study download the Infographic.

“Delivering an unmatched customer experience is now the source of competitive differentiation in all industries,” said Doug Suriano, senior vice president, general manager, Oracle Communications. “Today’s subscription monetization goes well beyond simple billing and receivables, and has only scratched the surface of what’s to come in the way of new digital services. Companies who create an agile, flexible program that can meet the needs of their customers today and well into the future will win.”

Companies are looking to deepen customer relationships by shifting the delivery of goods and services that require just a single touchpoint, to ones that foster recurring interactions. Whether companies are looking to monetize connected cars, using sensors to aggregate and monetize data, or transitioning their products to a Software as a Service (SaaS) delivery model, they are undergoing a digital transformation that requires flexible new pricing, billing, revenue management, and real-time subscriber management capabilities. However, only 26 percent of respondents have currently implemented a monetization solution. To compete for customer loyalty, companies need to move fast. Those companies that are already launching subscription-based services are reaping the benefits and a competitive advantage – with revenue growth reaching one to nine percent higher than plan. 

The survey also found that:

  • New Pricing Models are on the Rise: 63 percent of enterprises are implementing new ways to monetize their offerings with packaged/bundled products or digital services and 61 percent plan to offer usage/ consumption based charges.
  • New Models Require Modern Solutions: 54 percent of enterprises agree that their existing billing/monetization processes aren’t capable of handling the current and future needs of their organization. These enterprises also noted that without a new monetization solution they fear loss of revenue, slower growth and loss of customers. As such, future capabilities in monetization technology are critical in the selection process, with 63 percent of respondents noting they are thinking 3-5 years out in terms of needed capabilities.
  • Enterprises Require an Integrated Experience: 62 percent of enterprises are looking for a single vendor for CRM, ERP, and monetization solutions as opposed to using separate vendors for each; and 68 percent agree it is important for their monetization solution to tightly integrate with their CRM system.
 

Part of the Oracle Communications portfolio, Oracle Monetization Cloud empowers innovative businesses to launch competitive pricing models in the era of digital commerce. The new cloud service accelerates time to market for digital and subscription-based products and services by enabling the full life cycle of customer on-boarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.

Contact Info Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com Kristin Reeves
Blanc & Otus
+1.925.787.6744
kreeves@blancandotus.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Kristin Reeves

  • +1.925.787.6744

Follow Oracle Corporate

Oracle Unveils New Programs that Transform how Customers Buy and Consume Cloud

Tue, 09/19/2017 - 20:15
Press Release Oracle Unveils New Programs that Transform how Customers Buy and Consume Cloud Oracle announces lowest list prices, higher performance, and more automation to provide customers with the lowest total cost of ownership

Redwood Shores, Calif.—Sep 19, 2017

At a live event today, Oracle Executive Chairman of the Board and CTO Larry Ellison announced new programs that lower costs by delivering increased automation and flexibility, and enable customers to get more value from their existing Oracle software investments. The new Oracle Cloud programs include Bring Your Own License to PaaS and Universal Credits.

“We are completely transforming the way all companies buy and use cloud by providing flexibility and choice,” said Ellison. “Today, we combined the lowest prices with the highest performance and more automation to deliver a lower total cost of ownership for our customers.”

While organizations are eager to move to the cloud, many have not due to obstacles that have forced them to choose between flexibility and lower costs. They have been challenged by the complexity of the cloud and the inability to rebalance spend across different services. Organizations have also been constrained by limited visibility and control over cloud spend. Until now, they have been unable to fully leverage their on-premises software investments in the cloud, having been limited to IaaS services or sacrificing key database features at the PaaS layer. Oracle’s new cloud programs address customers’ cloud adoption challenges by improving and simplifying the way they purchase and consume cloud services.

Bring Your Own License to Oracle Database PaaS: Delivering Increased Value Through License Mobility

Currently, customers are able to bring their on-premises licenses to Oracle IaaS. Today, Oracle is expanding the offering by enabling customers to reuse their existing software licenses for Oracle PaaS, including Oracle Database, Oracle Middleware, Oracle Analytics, and others. Customers with existing on-premises licenses can leverage that investment to use Oracle Database Cloud at a fraction of the old PaaS price. Running Oracle Database on Oracle IaaS is faster and offers more features than Amazon, delivering the industry’s lowest total cost of ownership. Additionally, customers can further reduce management and operational costs required for on-premises maintenance by taking advantage of this PaaS automation.

Universal Credits: Flexible Buying and Consumption Choices for Oracle’s PaaS and IaaS Services

Oracle is introducing Universal Credits, the industry’s most flexible buying and consumption model for cloud services. With Universal Credits, customers have one simple contract that provides unlimited access to all current and future Oracle PaaS and IaaS services, spanning Oracle Cloud and Oracle Cloud at Customer.  Customers gain on-demand access to all services plus the benefit of the lower cost of pre-paid services. Additionally, they have the flexibility to upgrade, expand or move services across datacenters based on their requirements. With Universal Credits, customers gain the ability to switch the PaaS or IaaS services they are using without having to notify Oracle. Customers also benefit from using new services with their existing set of cloud credits when made available.

Oracle’s new Universal Credit and Bring Your Own License to PaaS will be available on September 25, 2017. These programs span Oracle Cloud and Oracle Cloud at Customer.

Contact Info Jessica Moore
Oracle Corporate Communications
650.506.3297
jessica.moore@oracle.com Nicole Maloney
Oracle Corporate Communications
650.506.0806
nicole.maloney@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

Statements in this article relating to Oracle’s future plans, expectations, beliefs, intentions, and prospects are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect Oracle’s current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle’s business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including Oracle’s most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this article is current as of September 19, 2017, and Oracle undertakes no duty to update any statement in light of new information or future events. 

Talk to a Press Contact

Jessica Moore

  • 650.506.3297

Nicole Maloney

  • 650.506.0806

Follow Oracle Corporate

Oracle’s New SPARC Systems Deliver 2-7x Better Performance, Security Capabilities, and Efficiency than Intel-based Systems

Mon, 09/18/2017 - 12:00
Press Release Oracle’s New SPARC Systems Deliver 2-7x Better Performance, Security Capabilities, and Efficiency than Intel-based Systems World’s most advanced processor adds breakthrough performance and security enhancements with Software in Silicon v2 for Oracle Cloud, Oracle Engineered Systems, and Servers

Redwood Shores,Calif.—Sep 18, 2017

Oracle today announced its eighth generation SPARC platform, delivering new levels of security capabilities, performance, and availability for critical customer workloads. Powered by the new SPARC M8 microprocessor, new Oracle systems and IaaS deliver a modern enterprise platform, including proven Software in Silicon with new v2 advancements, enabling customers to cost-effectively deploy their most critical business applications and scale-out application environments with extreme performance both on-premises and in Oracle Cloud.

SPARC M8 processor-based systems, including the Oracle SuperCluster M8 engineered systems and SPARC T8 and M8 servers, are designed to seamlessly integrate with existing infrastructures and include fully integrated virtualization and management for private cloud. All existing commercial and custom applications will run on SPARC M8 systems unchanged with new levels of performance, security capabilities, and availability. The SPARC M8 processor with Software in Silicon v2 extends the industry’s first Silicon Secured Memory, which provides always-on hardware-based memory protection for advanced intrusion protection and end-to-end encryption and Data Analytics Accelerators (DAX) with open API’s for breakthrough performance and efficiency running Database analytics and Java streams processing. Oracle Cloud SPARC Dedicated Compute service will also be updated with the SPARC M8 processor.

“Oracle has long been a pioneer in engineering software and hardware together to secure high-performance infrastructure for any workload of any size,” said Edward Screven, chief corporate architect, Oracle. “SPARC was already the fastest, most secure processor in the world for running Oracle Database and Java. SPARC M8 extends that lead even further.”

The SPARC M8 processor offers security enhancements delivering 2x faster encryption and 2x faster hashing than x86 and 2x faster than SPARC M7 microprocessors. The SPARC M8 processor’s unique design also provides always-on security by default and built-in protection of in-memory data structures from hacks and programming errors. SPARC M8’s silicon innovation provides new levels of performance and efficiency across all workloads, including:  

  • Database: Engineered to run Oracle Database faster than any other microprocessor, SPARC M8 delivers 2x faster OLTP performance per core than x86 and 1.4x faster than M7 microprocessors, as well as up to 7x faster database analytics than x86.
  • Java: SPARC M8 delivers 2x better Java performance than x86 and 1.3x better than M7 microprocessors.  DAX v2 produces 8x more efficient Java streams processing, improving overall application performance.
  • In Memory Analytics: Innovative new processor delivers 7x Queries per Minute (QPM)/core than x86 for database analytics.
 

Oracle is committed to delivering the latest in SPARC and Solaris technologies and servers to its global customers. Oracle’s long history of binary compatibility across processor generations continues with M8, providing an upgrade path for customers when they are ready. Oracle has also publicly committed to supporting Solaris until at least 2034.

Contact Info Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com Kristin Reeves
Blanc and Otus
+1.925.787.6744
kristin.reeves@blancandotus.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Kristin Reeves

  • +1.925.787.6744

Follow Oracle Corporate

Q1 FY18 GAAP EPS UP 19% TO $0.52 and NON-GAAP EPS UP 12% TO $0.62

Thu, 09/14/2017 - 19:04
Press Release Q1 FY18 GAAP EPS UP 19% TO $0.52 and NON-GAAP EPS UP 12% TO $0.62 Q1 FY18 Cloud Revenues Up 51% to $1.5 Billion and Total Revenues Up 7% to $9.2 Billion

Redwood Shores, Calif.—Sep 14, 2017

Oracle Corporation (NYSE: ORCL) today announced fiscal 2018 Q1 results. Total Revenues were up 7% from the prior year to $9.2 billion. Cloud plus On-Premise Software Revenues were up 9% to $7.4 billion. Cloud Software as a Service (SaaS) revenues were up 62% to $1.1 billion. Cloud Platform as a Service (PaaS) plus Infrastructure as a Service (IaaS) revenues were up 28% to $400 million. Total Cloud Revenues were up 51% to $1.5 billion.

GAAP Operating Income was up 7% to $2.8 billion and Operating Margin was 31%. Non-GAAP Operating Income was up 11% to $3.8 billion and non-GAAP Operating Margin was 41%. GAAP Net Income was up 21% to $2.2 billion, while non-GAAP Net Income was up 14% to $2.7 billion. GAAP Earnings Per Share was up 19% to $0.52, while non-GAAP Earnings Per Share was up 12% to $0.62.

Short-term deferred revenues were up 9% compared with a year ago to $10.3 billion. Operating cash flow on a trailing twelve-month basis was up 8% to $14.8 billion.

“The sustained hyper-growth in our multi-billion dollar cloud business continues to drive Oracle’s overall revenue and earnings higher and higher,” said Oracle CEO, Safra Catz. “In Q1, total revenues were up 7%, GAAP EPS was up 19%, and non-GAAP EPS was up 12%. Oracle is off to a very, very strong start in FY18.”

“With SaaS revenue up 62%, our cloud applications business continues to grow more than twice as fast as Salesforce.com,” said Oracle CEO, Mark Hurd. “ERP is our largest and most important cloud applications business. We now have about 5,000 Fusion ERP customers plus 12,000 NetSuite ERP customers in the Oracle Cloud. That’s 30 times more ERP customers than Workday.”

“In a couple of weeks, we will announce the world’s first fully autonomous database cloud service,” said Oracle Chairman and CTO, Larry Ellison. “Based on machine learning, the latest version of Oracle is a totally automated “self-driving” system that does not require human beings to manage or tune the database. Using AI to eliminate most sources of human error enables Oracle to offer database SLA’s that guarantee 99.995% reliability while charging much less than AWS.”

The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 11, 2017, with a payment date of October 25, 2017.

Q1 Fiscal 2018 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q1 results and Fiscal 2018 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 82330974.

Contact Info Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com Deborah Hellinger
Oracle Corporate Communciations
+1.212.508.7935
deborah.hellinger@oracle.com About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit www.oracle.com/investor or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

"Safe Harbor" Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding the growth of our cloud applications business compared to competitors and the announcement regarding our new autonomous database cloud service, are all "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (3) If the security measures for our products and services are compromised or if our products and services contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and reduced sales. (4) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Economic, geopolitical and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (7) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of September 14, 2017. Oracle undertakes no duty to update any statement in light of new information or future events. 

Talk to a Press Contact

Ken Bond

  • +1.650.607.0349

Deborah Hellinger

  • +1.212.508.7935

Follow Oracle Corporate

Oracle Joins the Cloud Native Computing Foundation

Wed, 09/13/2017 - 16:00
Press Release Oracle Joins the Cloud Native Computing Foundation Continues Open Source Commitment with Release of Kubernetes on Oracle Linux and Terraform Kubernetes Installer for Oracle Cloud Infrastructure

OpenSource Summit North America, Los Angeles—Sep 13, 2017

Oracle announced today that it has joined the Cloud Native Computing Foundation (CNCF) as a Platinum Member. In addition, Oracle is releasing Kubernetes on Oracle Linux and open sourcing a Terraform Kubernetes Installer for the next-generation Oracle Cloud Infrastructure. As such, developers gain unparalleled simplicity for running their cloud native workloads on Oracle.

As enterprises accelerate how they build and deploy mission-critical applications, development teams are seeking an open, cloud-neutral, container-native technology stack that avoids lock-in. By joining CNCF, Oracle is demonstrating its support for this effort as well as the Kubernetes open-source community, the core component of the CNCF technology stack.

Kubernetes is the industry leading open source container orchestration and management platform rapidly emerging as the standard for containerized applications. Deploying Kubernetes can be complex, especially with regards to storage, security and networking. By open sourcing its fully-supported, automated Kubernetes Terraform template for the Oracle Cloud Infrastructure, Oracle is helping developers avoid these challenges and easily install, run and manage Kubernetes-based container apps with the extreme performance of bare metal.

Additionally, Oracle is releasing Oracle Linux Container Services for use with Kubernetes, simplifying the configuration and setup of Kubernetes for any environment on Oracle Linux: public cloud, private cloud, and customer on-premises. This solution has been developed as an extension to Oracle Linux and Oracle Linux Container Services for Docker, with a streamlined installation model so developers can easily setup and deploy their orchestration environment in a matter of minutes.

“Nobody has more experience managing complex enterprise workloads than Oracle. By joining the CNCF, we’re making it easier for enterprises to leverage the power of container-native technology to simplify their infrastructure environments to run in true hybrid cloud mode – in any cloud,” said Mark Cavage, vice president of software development at Oracle. “CNCF technologies such as Kubernetes, Prometheus, gRPC and OpenTracing are critical parts of both our own and our customers’ development toolchains. Together with the CNCF, Oracle is cultivating an open container ecosystem built for cloud interoperability, enterprise workloads and performance.”

“Oracle has decades of experience meeting the needs of world-class enterprises,” said Chris Aniszczyk, chief operating officer of the Cloud Native Computing Foundation. “We are excited to have Oracle join CNCF as a platinum member, and believe that their key role will help define the future of enterprise cloud.”

Today’s announcement follows a string of recent news underscoring Oracle’s commitment to open source and the container ecosystem, including dedicating engineering resources to the Kubernetes project, open-sourcing several container utilities and making its flagship databases and developer tools to the Docker Store marketplace.

Contact Info AlexShapiro
Oracle
4156085044
alex.shapiro@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

AlexShapiro

  • 4156085044

Follow Oracle Corporate

Oracle Health Sciences Steve Rosenberg Honored Among PharmaVOICE 100’s Change Agents in Life Sciences

Wed, 09/13/2017 - 12:00
Press Release Oracle Health Sciences Steve Rosenberg Honored Among PharmaVOICE 100’s Change Agents in Life Sciences Recognized for Opening Doors to Clinical Efficiency

Redwood Shores Calif—Sep 13, 2017

Today Oracle Health Sciences announced that its general manager, Steve Rosenberg, has been selected by PharmaVOICE magazine as one of the most inspiring people in the life sciences industry. Steve will be recognized with this prestigious award during the PharmaVOICE 100 Celebration on Thursday, September 14 in New York City.   Steve was chosen as a PharmaVOICE 100 honoree for his leadership in driving the development of new and innovative technologies that are positively impacting efficiencies in clinical research, which help pharmaceutical companies bring new drugs to market faster. With nearly 40 years in technology, and 22 years in Health Sciences technology, including his pivotal role in accelerating the adoption of Electronic Data Capture (EDC) and defining the Integrated Clinical Environment (ICE), Steve recognized both the potential value and the significant challenges in bringing the data revolution and the cloud to life sciences. From the conservative regulatory environment to the sensitive nature of introducing new treatments to humans, Steve knew it was never going to be an easy road but to Rosenberg, these challenges have made his job worthwhile.   “I have a drive to succeed and grow our business while enabling our customers to innovate on their mission to develop new medicines. The patient is waiting, and it is our job and our joy at Oracle to push innovation in technology to help our customers reach these patients faster,” said Rosenberg.   In 2014, Mr. Rosenberg was asked by the head of Oracle Industries to take on a leadership role within the company’s health sciences business, which provides the infrastructure and technology that powers everything from clinical trials to population healthcare. Since joining Oracle, he has overseen the development of innovative technologies including the launch of the company’s most recent offering, Oracle Health Sciences Clinical One Platform, an eClinical platform that unifies clinical development operations and information and reimagines how technology supports clinical trials for maximum efficiency. The company’s flagship drug safety cloud offering, Oracle Health Sciences Argus continues to lead the market, enabling drug manufacturers to make faster and better safety decisions, optimize their global compliance and manage risk. “Steve is a true change agent whose insights and commitment to technology innovations is helping to bring more life-saving therapies to market faster. His early understanding of the data revolution and the cloud in Life Sciences has enabled him to get in front of the data management challenges and create leading-edge technology to solve some of today’s most pressing issues in the eClinical space,” said Taren Grom, editor of PharmaVOICE.  This year’s distinguished honorees were nominated by thousands of PharmaVOICE readers and were selected for inclusion based on substantive accounts describing how they have inspired or motivated their colleagues, peers, and even competitors; their positive impact on patients, their organizations, and the industry at large; their innovative and game-changing strategies and thinking; their mentorship and guidance to the next generation of leaders; as well as their willingness to give their time and resources to their communities and philanthropic causes. “It is truly an honor to be recognized for my contributions to the life sciences industry, but more importantly, for our work in bringing innovative technology to our customers, who give hope to patients who wait in the balance for new therapies that have the potential to save their lives or deliver a better quality of life,” Rosenberg went on to say. Additional Information For additional information, visit Oracle Health Sciences Clinical One Platform, Oracle Health Sciences Argus Safety and Oracle Health Sciences Data Management Workbench. Engage with us on Twitter
About Oracle The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle, please visit us at oracle.com.   Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.   ###   Contact Info Valerie Beaudett                                                                                
Oracle                                                                                                            
+1.650.400.7833                                                                                
valerie.beaudett@oracle.com                                                              About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Follow Oracle Corporate

Oracle Expands IoT Cloud Portfolio, Enabling Customers to Accelerate Intelligence and ROI from Connected Assets

Thu, 08/31/2017 - 12:02
Press Release Oracle Expands IoT Cloud Portfolio, Enabling Customers to Accelerate Intelligence and ROI from Connected Assets Introduces Digital Twin, Digital Thread, and artificial intelligence and machine learning capabilities

Redwood Shores, Calif.—Aug 31, 2017

Oracle today announced significant enhancements to the Oracle Internet of Things (IoT) Cloud. The offering now features built-in artificial intelligence (AI) and machine learning that powers Digital Twin and Digital Thread capabilities. As such, customers and partners can quickly gain operation-wide visibility and leverage predictive insights from connected assets. These insights can increase deployment times, reduce costs, improve business outcomes, and accelerate new market opportunities. Combining the power of Oracle IoT Cloud and enterprise applications, Oracle also introduced new industry solutions for digital field service, smart connected factories, and digital fleet management.

“IoT holds the potential to transform today’s siloed operations into a modern, interconnected, digital set of workflows with real-time visibility and responsiveness,” said Bhagat Nainani, group vice president, IoT Applications at Oracle. “Oracle continues to push the boundaries of IoT to help our customers significantly simplify their IoT deployments. By receiving real-time data streams enhanced with predictive insights, they can reach new levels of intelligence and a much quicker realization of ROI.”

Today’s expansion follows the recent introduction of new Oracle IoT Cloud Applications for asset monitoring, connected workforce, fleet monitoring, and production monitoring. Also, in the past six months alone, Oracle has more than tripled its IoT application ecosystem of device and systems integration partners. Oracle IoT Cloud is offered both as software-as-a-service (SaaS) applications, as well as platform-as-a-service (PaaS) offerings, enabling a high degree of adaptability for even the most demanding implementations.

“Hitachi Consulting is constantly looking for industry leaders like Oracle to help clients and prospects harness the power of data and IoT to optimize operational and financial performance, outpace their competition and solve significant business problems,” said Garth Carter, vice president North America Sales, Hitachi Consulting. “Our longstanding, strategic relationship with Oracle delivers industrial IoT solutions to digitize the physical world for manufacturing, energy, and transportation. In particular, Hitachi is leveraging Oracle IoT Applications—asset monitoring and production monitoring—that are uniquely engineered to meet specific industry and functional needs. These applications have a depth of OT, IT and IoT functionality that no competitor can match.”

New capabilities introduced today include:

  • Digital Twin for Supply Chain Management
    Digital Twin is a digital representation of a physical asset or equipment that enhances traditional analytics approaches. The object model includes multi-faceted views into current, historical, and predictive data, as well as operational and behavioral dimensions of that asset. This enables remote users to not only monitor the health of that asset to prevent failures before they occur, but also to run simulations of “what-if” scenarios in the context of the business processes. With Digital Twin, organizations have a new operational paradigm to interact with the physical world, allowing lower operational and capital expenditures, minimizing downtime, and optimizing asset performance.
  • Digital Thread for Supply Chain Management
    Supply Chain practitioners have spent millions of dollars in implementing SCM and ERP systems, but most often, data is manually fed into these systems. Digital Thread is a connected business process framework that leverages IoT and creates a “system of systems” by connecting traditionally siloed elements in real-time throughout the digital supply chain. By providing an end-to-end view of an asset throughout the entire manufacturing lifecycle, Digital Thread seamlessly bridges the entire supply chain process—from product design and order fulfillment, to manufacturing and product life cycle management, to warehousing and transportation, to logistics and procurement.
  • Artificial Intelligence and Machine Learning
    Built-in AI and machine learning features are now fully integrated across Oracle’s IoT solutions portfolio. These technologies leverage machine data in the context of business data from applications, such as manufacturing, maintenance, service, and logistics. The built-in operational analytics help detect anomalies, predict equipment failures, and recommend the best course of action. They also provide the intelligence needed to evolve capabilities to increase effectiveness and experiences of applications.
  • Industry Solutions Built on IoT Cloud Applications
    Oracle IoT industry solutions help customers reimagine and innovate business solutions for the connected, intelligent, context-aware, digital enterprise. New solutions introduced today include:
    • Digital Field Service: Showcases intelligent remote monitoring, failure prediction, over-the-air repair, and dynamic technician dispatch. The solution features IoT Asset Monitoring Cloud, CX Service Cloud, CX Engagement Cloud, and CX Field Service Cloud, plus the use of augmented reality (AR) for guided equipment repair.
    • Smart Connected Factory: Demonstrates how incident detection, root cause analysis, and smart resolution are performed within minutes in a connected factory. The solution features IoT Production Monitoring Cloud, SCM Cloud and ERP Cloud, and the use of virtual reality (VR) to navigate the manufacturing floor. It can also be used for remote worker training.
    • Digital Fleet Management: Showcases real-time shipment tracking, risk management, and logistics synchronization. The solution features IoT Fleet Management Cloud and Oracle Logistics Cloud.
Additional Information

For additional information, visit Oracle Cloud and connect with Oracle SCM Cloud and Oracle IoT Cloud Service on Twitter.

Contact Info Vanessa Johnson
Oracle
+1.650.607.1692
vanessa.n.johson@oracle.com Kristin Reeves
Blanc & Otus
+1.415.856.5146
kreeves@blancandotus.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Vanessa Johnson

  • +1.650.607.1692

Kristin Reeves

  • +1.415.856.5146

Follow Oracle Corporate

Oracle and Mitsubishi Electric Collaborate to Develop Internet of Things Platform for Smart Manufacturing

Thu, 08/31/2017 - 11:55
Press Release Oracle and Mitsubishi Electric Collaborate to Develop Internet of Things Platform for Smart Manufacturing Using Oracle Cloud, New FA-IT Open Platform Enables Rapid Collection, Analysis, and Utilization of Production Site Data

Redwood Shores, Calif.—Aug 31, 2017

Oracle today announced its collaboration with Mitsubishi Electric Corporation to develop an Internet of Things (IoT) platform for smart manufacturing. With Oracle Cloud, Mitsubishi Electric developed its new FA-IT Open Platform for factory automation. Using edge computing between devices and business applications, the new platform enables the rapid collection, analysis, and utilization of data at production site.

With organizations rapidly adopting Industry 4.0, manufacturers are increasingly seeking to optimize their total manufacturing processes by using IoT to collect data from all equipment in factories for visualization and analysis. Developing such IoT systems from scratch is an enormous task requiring that data be collected and modeled from a wide variety of production equipment, including existing equipment, for analytical purposes.

With FA-IT Open Platform, vendors can create manufacturing applications for operation on the platform, including connecting the platform to industrial networks to collect data from diverse devices and production equipment. The cloud-connected platform can be used to link manufacturing sites with cloud vendors' own cloud-supported manufacturing-optimization services for supply chains, administration of multiple factories worldwide, and other applications.

FA-IT Open Platform leverages Oracle Database Cloud, Oracle Java Cloud, Oracle BI Cloud, Oracle IoT Cloud, Oracle IoT Production Monitoring Cloud, Oracle SOA Cloud, and Oracle Infrastructure as a Service. Information received in real time from machine tools and production terminals is received by Oracle IoT Cloud, enabling efficient real time processing with the extensible infrastructure. Mitsubishi Electric utilizes machine learning of Oracle Database Cloud, the reporting function of Oracle BI Cloud, and the cost-effective Oracle Cloud Infrastructure in the analysis of accumulated Big Data, contributing to further development of solutions in the factory automation area for customers and to smart manufacturing industry.

Supporting Quote: “Mitsubishi Electric develops advanced technologies and products for rapidly emerging factory automation,” said Toshiya Takahashi, corporate executive group senior vice president, factory automation system, Mitsubishi Electric Corporation. “Our e-F@ctory concept for integrated automation reduces the total cost of developing, producing and maintaining products. Mitsubishi Electric’s new FA-IT Open Platform is based on edge computing to accelerate IoT utilization for smart manufacturing. By adding Oracle Cloud services to this platform, we believe that it will be possible to visualize factories and build an application development environment. In order to provide the platform to customers early, we will also work with partner companies, including IT companies, to develop applications utilizing the platform."

Contact Info Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com Sarah Fraser
Oracle
+1650.743.0660
sarah.fraser@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Sarah Fraser

  • +1650.743.0660

Follow Oracle Corporate

Luxury Fashion Goods Wholesaler Scales its Hong Kong Business with NetSuite OneWorld

Thu, 08/31/2017 - 04:00
Press Release Luxury Fashion Goods Wholesaler Scales its Hong Kong Business with NetSuite OneWorld Lfplaza Grows from a Startup to a $300 Million HKD Business Across Southeast Asia in Just Five Years

Hong Kong—Aug 31, 2017

Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that Lfplaza Group, a wholesale distributor of luxury and designer fashion clothing, bags, shoes and accessories, has scaled its business dramatically since deploying NetSuite OneWorld shortly after its launch in 2012. Based in Hong Kong, the company relies on NetSuite for financials, inventory management, CRM and marketing, as well as multi-subsidiary and multi-currency management for the Hong Kong, Australian and U.S. dollars, Chinese renminbi, British pound, Japanese yen, New Taiwan dollar and the Euro. NetSuite’s unified cloud business management platform has given Lfplaza scalability and agility as its business has soared from the startup phase to $300 million HKD (about $38.4 million USD) in revenue in just five years.

Starting out, Lfplaza had in place an entry-level accounting system from a Chinese software vendor. After evaluating several competing solutions, Lfplaza quickly settled on NetSuite OneWorld as an ideal fit for its objectives of an integrated system that could support rapid growth. NetSuite OneWorld today powers end-to-end processes for Lfplaza’s sales of goods from more than 100 brands to a network of over 600 wholesale clients and about 40 regional multi-brand boutiques across Hong Kong, mainland China, Taiwan, Japan, South Korea, Singapore, Malaysia, Indonesia, Thailand and Vietnam.

“NetSuite forms the core backbone on which we’ve rapidly grown our business,” said Jack Tsao, Lfplaza CEO. “We’ve been able to scale dramatically without adding too many staff. We’re very glad we started early with NetSuite as it gave us room to grow.”

As a cloud-based system, NetSuite enables Lfplaza to avoid the high capital expenditures of servers and software needed with traditional on-premise business systems. Ease of use, efficient workflows and high visibility into mission-critical data have allowed the 100+-person company to minimise administrative and operational costs and instead focus new hires on revenue-driving sales and marketing activities. Easy access to NetSuite across Lfplaza’s 10 wholesale stores, its head office in Hong Kong and three subsidiaries (Hong Kong, China and Macau) enables the company to ensure staff work from the same set of timely, reliable data.

“The advantages with NetSuite are felt across the business,” Tsao said. “We would be hiring more staff if we didn’t have NetSuite. It’s definitely been a very worthwhile investment.”

Implementation and optimisation by NetSuite Solution Provider Fern Limited, in Hong Kong, has helped Lfplaza make the most of its NetSuite OneWorld solution as usage evolved from inventory to accounting and CRM. Benefits that Lfplaza has realised with NetSuite include:

  • Real-time inventory management. NetSuite gives Lfplaza real-time visibility into tens of thousands of SKUs, particularly important as new products are constantly added. It also helps Lfplaza account for subtle variations in products, such as shiny vs. matte leather for the same handbag.
  • Business reporting. Lfplaza makes extensive use of NetSuite’s reporting and analytics capabilities to track revenue and product sales by brand, type of goods, gender, regions and other dimensions. Insights derived are vital to Lfplaza’s ability to adapt the business and product lineup as needed.
  • Agility in a fast-paced market. NetSuite has helped Lfplaza achieve business agility, better manage brand and customer partnerships, and optimise inventory and pricing in the fast-paced and rapidly changing luxury fashion market.
  • Multi-currency, multi-subsidiary management. NetSuite OneWorld lets Lfplaza easily transact in currencies including Hong Kong, Australian and U.S. dollars, Chinese renminbi, British pound, Japanese yen, New Taiwan dollar and the Euro, and manage three subsidiaries with efficient financial consolidation.
  • CRM capabilities. NetSuite CRM gives Lfplaza sales staff a unified record of all customer account, interaction and order history information to help drive sales and provide a superior customer experience.

“The fashion inventory moves very fast, with increasing velocity and sophistication every year,” Tsao said. “With NetSuite OneWorld, it’s very easy to adapt, customise processes and stay current, exploring all the business channels and marketing opportunities out there so we can continue to scale.”

The case study put the workforce at 120 but during the interview the CEO said it was 60. Not sure which is correct.

Contact Info Suzanne Myerson
Oracle
+61 414 101 583
suzanne.myerson@oracle.com About Oracle NetSuite

Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries.

For more information, please visit http://www.netsuite.com.hk/portal/hk/home.shtml

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Suzanne Myerson

  • +61 414 101 583

Follow Oracle Corporate

Oracle Hiring Five-Thousand Cloud Professionals in the United States

Mon, 08/28/2017 - 12:00
Press Release Oracle Hiring Five-Thousand Cloud Professionals in the United States

Redwood Shores, Calif.—Aug 28, 2017

This year, Oracle is hiring more than five-thousand new engineers, consultants, sales and support people into its rapidly growing cloud business. This injection of talent will help Oracle sustain the momentum in what is already the world’s fastest growing multi-billion dollar cloud business.

“Central to Oracle’s success is our empowered, inspired and engaged workforce,” said Joyce Westerdahl, Oracle Executive Vice President, Human Resources. “We’re hiring experienced sales and engineering professionals eager to contribute to Oracle’s cloud growth and champion our products. We are also recruiting high-performing recent college graduates and offering them a world-class training program to prepare them for a career in the technology industry.”

This year, Oracle has already hired more than 2,650 cloud sales professionals and 1,500 cloud developers in the United States.

To learn more about careers at Oracle and apply for open positions, please visit https://www.oracle.com/corporate/careers/.

Contact Info Deborah Hellinger
Oracle
+1.212.508.7935
deborah.hellinger@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

Follow Oracle Corporate

PurCotton Teams with Oracle Retail to Support Aggressive Annual Growth

Wed, 08/16/2017 - 17:00
Press Release PurCotton Teams with Oracle Retail to Support Aggressive Annual Growth Renowned Chinese Retailer Builds a Solid Foundation for Continued Omnichannel Success

Redwood Shores, Calif.—Aug 16, 2017

Today, Oracle announced that PurCotton has deployed Oracle Retail Merchandise Operations Management Suite, Oracle Retail Planning and Optimization and Oracle Retail Insights to support the growth of its retail business. As a wholly-owned subsidiary of Winner Medical Group Inc., PurCotton inherits the parent company’s 20-year technology and manufacturing expertise in medical-grade cotton-based products. PurCotton is devoted to providing safe, comfortable and eco-friendly cotton products to meet consumer needs with a focus on quality life, mother and baby care, feminine care and medical care.

Since its founding in December of 2009, PurCotton has grown quickly managing 114 stores in shopping malls across China. In addition PurCotton also operates an online business to meet the demands of omnichannel consumers. PurCotton sales at TMALL.com and JD.com, two of China’s largest ecommerce platforms, have doubled for four consecutive years. Singles’ Day 2016, China’s largest online shopping festival, is an example of PurCotton’s growth with 1,180,000 on-line orders and sales of over 260 million RMB. PurCotton chose Oracle Retail for solutions that could scale and serve as a foundation for continued omnichannel growth.   

“We plan to open between 30 and 40 stores every year, with a goal of increasing our total revenue 100% annually. Our core customer base has grown to about 6 million,” said Li Jianquan, Managing Director of PurCotton Group. “We needed a strong foundation to run our retail business.  Oracle Retail has the industry experience and retail specific solutions to support our growth strategy.”

“Oracle Retail provides a complete and integrated suite of solutions from planning to execution,” said He Kaifeng, Chief Information Officer, PurCotton Group. “We needed a solution which could support our strategy, which includes our brick-and-mortar stores driving sales through multiple channels. With better visibility, insight and planning, PurCotton can better meet high customer demands.”

With the help of Accenture, PurCotton Group deployed Oracle Retail Merchandising System, Oracle Retail Merchandising Insight, Oracle Retail Merchandise Financial Planning, Oracle Retail Assortment Planning and Oracle Retail Allocation.

“Oracle Retail has built end-to-end process capabilities within our suite of applications and cloud services that can deliver individually or collectively to achieve Empowered Commerce,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are impressed by the growth trajectory and achievements of PurCotton and look forward to playing a role in their continued success.”

Contact Info Matt Torres
Oracle
415-595-1584
matt.torres@oracle.com About Oracle Retail

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Matt Torres

  • 415-595-1584

Follow Oracle Corporate

ROLI Harmonizes Its Global Business with NetSuite OneWorld

Wed, 08/16/2017 - 13:00
Press Release ROLI Harmonizes Its Global Business with NetSuite OneWorld Music and Technology Innovator Positioned for Accelerated Growth with Agility, Scalability of Cloud ERP

London—Aug 16, 2017

Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that ROLI, a music technology innovator and maker of the award-winning Seaboard instrument, has implemented NetSuite OneWorld to manage critical business processes including financials, inventory management, order management, CRM, multi-currency management for the British pound, Euro and US dollar, and multi-subsidiary management for three subsidiaries in the UK and two in the US. As a result of its implementation of NetSuite OneWorld in September 2016, ROLI is better positioned to take advantage of rapid sales growth as innovative products like the Seaboard Block and Lightpad Block become more popular to music-makers.

Founded in 2009 in London, ROLI has revolutionized the world of musical instruments. Its newest product, Seaboard Block, is the most portable and versatile model of the multi-award-winning Seaboard, a digital instrument that is an evolution of the piano keyboard. Seaboards replace the white and black keys of a piano with a pliable, touch-responsive surface that lets musicians control sound in far more ways than they can on acoustic or electronic instruments. Last year ROLI also launched BLOCKS, a modular music-making system that allows musicians to connect musical Blocks together and build their instrument as they go. As demand for its products took off, ROLI determined that it needed more comprehensive and professional business systems to meet the opportunities of its next phase of growth.

ROLI selected NetSuite OneWorld due to its 360-degree customer view, inventory management and cloud-based architecture. NetSuite OneWorld provides the flexibility, agility and scalability ROLI needed for continued growth and a real-time view of business performance.

“As a company, ROLI is focused on innovation, growth and delivering world-class experiences for its customers and music lovers everywhere,” said Mark Woodhams, Managing Director, EMEA for Oracle NetSuite. “NetSuite OneWorld is an ideal fit for those goals, as a flexible, scalable solution with global reach that can serve as the foundation to continue to build upon its success.”

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries; customer transactions in more than 200 countries; and enables businesses to streamline their mission-critical business processes. NetSuite OneWorld supports ROLI’s worldwide growth and innovation by providing:

  • Real-time global financial consolidation. NetSuite OneWorld gives ROLI real-time visibility across all its subsidiaries, with a single financial system of record.
  • Superior inventory management that enables ROLI to plan for how much inventory it needs, track the movement of goods, and meet customer demand much more quickly.
  • Centralized order management that meets and exceeds rising customer expectations for omnichannel fulfillment across multiple sales channels by eliminating manual bottlenecks, preventing errors and establishing a smooth flow from sales quote to order fulfillment ensuring timely invoicing and payment.
  • 360-degree view of its customers allowing the company to provide better customer support and service across telephone and email channels.
  • Breadth of functionality designed for modern businesses, enabling the company to streamline mission-critical business processes and improve operational efficiency.
  • A highly scalable system with the ability to quickly and easily add functionality as a business evolves.
  • Built-in business intelligence that provides real-time insights into key business performance indicators for a unified view of the organization, and delivers a single version of truth.
  • A flexible and agile platform that enables the company to customize NetSuite to meet its business requirements and to integrate with other third-party systems to meet its specific needs with NetSuite’s SuiteCloud Platform.
Contact Info Christine Allen
Public Relations, Oracle NetSuite
PR@netsuite.com About Oracle NetSuite

Oracle NetSuite pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, it provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

Follow Oracle NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Talk to a Press Contact

Christine Allen

Follow Oracle Corporate

Oracle Enterprise Performance Management Cloud Empowers Modern Finance Teams

Mon, 08/14/2017 - 14:00
Oracle Enterprise Performance Management Cloud Empowers Modern Finance Teams New cloud services and capabilities extend industry leading enterprise performance management suite

Redwood Shores, Calif.—Aug 14, 2017

Extending its commitment to helping organizations drive predictable performance and report with confidence, Oracle today announced significant expansions to Oracle Enterprise Performance Management (EPM) Cloud. The latest additions to Oracle EPM Cloud include new offerings for tax reporting, and profitability and cost management as well as new strategic modeling and disclosure management capabilities.

In today’s global economy, organizations need to continually refine their business models to respond to disruptive threats and competitive opportunities. To help organizations successfully manage these changes, from strategy to results, Oracle EPM Cloud empowers finance teams to quickly and effectively embrace digital technologies and modern best practices. As a result, Oracle EPM Cloud enables organizations to drive accurate and agile plans across finance and operational lines of business, accelerate financial close, streamline internal and external reporting, and ensure compliance with tax reporting regulations.

“Today’s business leaders are faced with unprecedented changes that demand a rethink of traditional EPM processes and models,” said Hari Sankar, group vice president, EPM product management at Oracle. “To be effective in this new operating environment, finance leaders need to drive operations with confidence, monitor results continuously, and course correct with agility. With the latest additions to Oracle EPM Cloud, we are empowering our customers to embrace change and take advantage of the cloud to capitalize on opportunities faster than their competition.”

To further extend Oracle EPM Cloud and give organizations fast and intuitive insight into profitability and cost, Oracle has introduced Oracle Profitability and Cost Management Cloud. The new offering enables business users to take ownership of allocation-based business processes such as customer/product profitability, management allocations, and shared services costing. As a result, organizations can enhance business performance by gaining insight into hidden profit and cost drivers across key business dimensions such as products, customers, sales, and channels.

To help organizations gain complete access to the financial data and processes needed to build an efficient and transparent corporate tax function, Oracle has introduced Oracle Tax Reporting Cloud. The new offering helps streamline all tax data collection and analysis processes and enables global organizations to manage complex country-specific tax reporting requirements through automation.

In addition to the new offerings, Oracle has also extended the capabilities of Oracle EPM Cloud to help organizations of all sizes lead with confidence in the digital economy. New Strategic Modeling capabilities enable organizations to create long-range forecast models with sophisticated scenario modeling capabilities and debt and capital structure planning features, while new Disclosure Management capabilities allow users to develop regulatory filings in a unified and collaborative environment.

“Our clients are facing constant and growing disruption in their businesses and highly developed planning and analysis capabilities are a must for leading CFOs,” said Richard Beacham, principal and EPM practice lead for KPMG in the U.S. “With the new offerings and capabilities Oracle is delivering, we believe our clients will continue to adopt our Oracle EPM Cloud-enabled solutions to help transform their business and accelerate competitive advantage.”

For additional information on Oracle Enterprise Performance Management (EPM) Cloud, visit Facebook and Twitter or the Modern Finance Leader blog.

Contact Info Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Follow Oracle Corporate

Interjet Increases Project Efficiencies with Oracle’s Primavera P6 Enterprise Project Portfolio Management

Mon, 08/14/2017 - 13:00
Interjet Increases Project Efficiencies with Oracle’s Primavera P6 Enterprise Project Portfolio Management Mexican airline transforms and optimizes the administration and execution of key projects

Mexico City—Aug 14, 2017

ABC Aerolíneas, S.A. de C.V., operating as Mexican airline Interjet, has seen significant efficiency gains from using Oracle’s Primavera P6 Enterprise Project Portfolio Management to coordinate, manage and execute key projects.

Interjet’s projects range from the acquisition of new aircraft to the introduction of new routes to the installation of flight simulators. The airline notes that Primavera P6 EPPM’s flexibility to adapt to different levels of project complexity and size has enabled Interjet to increase its efficiency by more than 50 percent among more than 200 projects.

"With the former tools, planning was more complicated and required us to develop complementary tools to show in a very graphic and simple way the status of each project and each responsible person. Primavera P6 EPPM has reduced the effort and time needed to analyze and present results, with benefits for those who manage the projects, those who execute and those who follow up. Oracle’s software has allowed us to contribute in a coordinated and effective way to the development of the company," said Carlos Núñez Brambila, Project Director of Interjet.

With Primavera P6 EPPM from Oracle Construction and Engineering, Interjet now also has the ability to streamline management responsibilities. It can designate one member of the project management team to control the project development, identify project deviations and bring visibility to key stakeholders to make informed decisions. Additionally, Interjet is able to map clear objectives and responsibilities for each project to corresponding specialists based on their knowledge and skills. The result is that resources are leveraged more effectively through closer coordination between various departments and managers.

Oracle’s Primavera P6 EPPM provides the real-time collaboration, visibility and scalability that enable organizations like Interjet to manage projects of any size efficiently and effectively,” said Andy Verone, Vice President, Product Strategy, Oracle Construction and Engineering. “We are thrilled to deliver transformative solutions that are improving project and business outcomes for customers in Mexico and around the world.”

Using Primavera P6 EPPM, Interjet has been able to eliminate:

  • 93 percent of the time spent on the generation of status reports by specific tasks
  • 67 percent of the time spent on work plan updates
  • 83 percent of the time spent on creating new project reports

"The transformation of Interjet, in its processes of planning, monitoring and execution of projects, through an efficient technological platform, is the mission of Oracle. To understand the challenges Mexican companies face day-by-day and to solve their needs with a platform that empowers its strengths is how Oracle contributes to the transformation of Mexico. Interjet has managed through the planning and database management solutions to support the development of projects that drive the growth and presence of the airline nationally and internationally," said Javier Cordero, Managing Director of Oracle Mexico.

Contact Info Judi Palmer
Oracle
1-650-506-0266
judi.palmer@oracle.com About Interjet

Interjet is an international airline based in Mexico City providing air service to 53 destinations in seven countries, including 35 cities in Mexico. Its network includes service to nine U.S. markets: Chicago, Dallas/Ft. Worth, Houston, Las Vegas, Los Angeles, Miami, New York, Orlando/Sanford and San Antonio, Montreal, Toronto. Other international routes include Havana, Santa Clara and Varadero, Cuba; Bogota, Colombia; Guatemala City, Guatemala; Lima, Peru; and San Jose, Costa Rica. The airline operates a fleet of more than 70 aircraft including the three Airbus A320neo, 47 Airbus A320’s, 04 Airbus A321-200’s and 22 Sukhoi Superjet 100’s.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Oracle Construction and Engineering helps companies reimagine their businesses. With best-in-class project management solutions, organizations can proactively manage projects, gain complete visibility, improve collaboration, and manage change. Our cloud-based solutions for global project planning and execution can help improve strategy execution, operations, and financial performance. For more information, please visit www.oracle.com/construction-and-engineering.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 

Talk to a Press Contact

Judi Palmer

  • 1-650-506-0266

Follow Oracle Corporate

Pages