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Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud

Wed, 2017-07-19 10:00
Press Release
Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud Delivers unrivaled enterprise-grade public cloud SaaS, PaaS, and IaaS services in customers’ datacenters

Redwood Shores, Calif.—Jul 19, 2017

Empowering organizations to move workloads to the cloud while keeping their data on their own premises, Oracle today announced significant expansion of the breadth of services available through Oracle Cloud at Customer. The portfolio now spans all of the major Oracle PaaS categories and for the first time, also features Oracle SaaS services. Since its introduction just over a year ago, Oracle Cloud at Customer has experienced unprecedented growth with leading global organizations across six continents and more than 30 countries adopting the solution, including AT&T and Bank of America.

Oracle Cloud at Customer is designed to enable organizations to remove one of the biggest obstacles to cloud adoption—data privacy concerns related to where the data is stored. While organizations are eager to move their enterprise workloads to the public cloud, many have been constrained by business, legislative and regulatory requirements that have prevented them from being able to adopt the technology. These first-of-a-kind services provide organizations with choice in where their data and applications reside and a natural path to easily move business critical applications eventually to the public cloud.

“Oracle Cloud at Customer is a direct response to the remaining barriers to cloud adoption and turning those obstacles into opportunities by letting customers choose the location of their cloud services,” said Thomas Kurian, president, product development, Oracle. “We are providing a unique service that enables our customers to leverage Oracle Cloud services, including SaaS, PaaS, and IaaS, both on their premises and in our cloud.  Customers gain all the benefits of Oracle’s robust cloud offerings, in their own datacenters, all managed and supported by Oracle.”

Underpinning Oracle Cloud at Customer is a modern cloud infrastructure platform based on converged Oracle hardware, software-defined storage and networking and a first class IaaS abstraction. Oracle fully manages and maintains the infrastructure at customers’ premises so that customers can focus on using the IaaS, PaaS and SaaS services. This is the same cloud infrastructure platform that powers the Oracle Cloud globally.

Based on overwhelming customer demand, Oracle continues to expand the services available via Oracle Cloud at Customer. With today’s news, customers now have access to all of Oracle’s major PaaS categories, including Database, Application Development, Analytics, Big Data, Application and Data Integration, and Identity Management. These services take advantage of specific enhancements that have been made to the underlying Oracle Cloud at Customer platform such as servers with faster CPUs and NVMe-based flash storage, as well as all-flash block storage to deliver even better performance for enterprise workloads.

For the first time, Oracle has also made available via Oracle Cloud at Customer, the ability to consume Oracle SaaS services such as Enterprise Resource Planning, Human Capital Management, Customer Relationship Management, and Supply Chain Management in their own datacenters. These best-in-class, modern applications help unlock business value and increase performance by enabling businesses and people to be more informed, connected, productive, and engaged. Major organizations are already adopting this new option to modernize their key enterprise operations and benefit from the speed of innovation in Oracle SaaS without having to move sensitive application data outside their premises. With the addition of SaaS services to Oracle Cloud at Customer, customers have access to Oracle Cloud services across the entire cloud stack, all delivered in a subscription-based, managed model, directly in their datacenters.

Also, newly available is the Oracle Big Data Cloud Machine, which is an optimized system delivering a production-grade Hadoop and Spark platform with the power of dedicated nodes and the flexibility and simplicity of a cloud offering. Organizations can now access a full range of Hadoop, Spark, and analytics tools on a simple subscription model in their own data centers.

Oracle Cloud at Customer delivers the following Oracle Cloud services:

  • Infrastructure: Provides elastic compute, containers, elastic block storage, object storage, virtual networking, and identity management to enable portability of Oracle and non-Oracle workloads into the cloud.
  • Data Management: Enables customers to use the number one database to manage data infrastructure in the cloud with the Oracle Database Cloud, including Oracle Database Exadata Cloud for extreme performance and Oracle MySQL Cloud.
  • Big Data and Analytics:  Empowers an entire organization to use a single platform to take advantage of any data to drive insights. Includes a broad set of big data cloud services, including Oracle Big Data Cloud Service, Oracle Analytics Cloud, and Oracle Event Hub Cloud.
  • Application Development: Enables organizations to develop and deploy Java applications in the cloud using Oracle Java Cloud, Oracle Application Container Cloud, Oracle Container Cloud, and Oracle WebCenter Portal Cloud.
  • Enterprise Integration: Simplifies integration of on-premises applications to cloud applications, as well as cloud application to cloud application integration using Oracle Integration Cloud, Oracle SOA Cloud, Oracle Data Integrator Cloud, Oracle GoldenGate Cloud, Oracle Managed File Transfer Cloud, and Oracle Internet of Things Cloud.
  • Security: Enables organizations to use Oracle Identity Cloud to implement and manage consistent identity and access management policies.
  • Software-as-a-Service: Provides organizations with a complete suite of software to run their businesses, including Oracle ERP Cloud, Oracle CX Cloud, Oracle HCM Cloud, and Oracle Supply Chain Management Cloud.

Customer Demand Drives Expansion of Portfolio

Global organizations are turning to Oracle Cloud at Customer to standardize on a platform to modernize existing infrastructure and develop innovative new applications. Customers including City of Las Vegas, Federacion Colombiana de Municipios, Glintt Healthcare, HCPA, NEC, NTT DATA, Rakuten Card, State University of New York, and State Bank of India are benefitting from Oracle Cloud services from inside their own datacenters.

“The City of Las Vegas is shifting its Oracle application workloads to the Oracle Cloud,” said Michael Sherwood, Director Information Technologies, city of Las Vegas. “By keeping the data in our data center, we retain full control while enabling innovation, gaining efficiencies and building applications to better serve our community.”

“Today, public organizations are constantly innovating to meet the needs of our citizens. For the Colombian Federation of Municipalities, we have decided to digitally transform our territories to become smart cities,” said Alejandro Murillo, CIO of the Colombian Federation of Municipalities. “With Oracle Cloud at Customer, we have the technological capabilities to bring top-level solutions in the cloud to our municipalities, enabling them to operate with more agility and better serve our citizens.”

“Oracle Cloud at Customer provides us with a consolidated solution to make sensitive healthcare data securely available,” said Nuno Vasco Lopes, CEO, Glintt Healthcare Solutions. “The efficient and flexible solution has reduced the total cost of ownership by 18 percent and delivered high customer performance.” 

Oracle Cloud at Customer

The Oracle Cloud at Customer portfolio of services enables organizations to get all of the benefits of Oracle’s public cloud services in their datacenters. The business model is just like a public cloud subscription; the hardware and software platform is the same; Oracle experts monitor and manage the infrastructure; and the same tools used in Oracle’s public cloud are used to provision resources on the Oracle Cloud at Customer services. This is the only offering from a major public cloud vendor that delivers a stack that is 100 percent compatible with the public cloud but available on-premises, ensuring that customers get the same experience and the latest innovations and benefits using it in their datacenters as in the public cloud. 

Additional Resources
Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
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.

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. 

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Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

TGI Fridays Becomes First UK Bar to Implement Bar Tab from Mastercard and Oracle

Wed, 2017-07-19 08:00
Press Release
TGI Fridays Becomes First UK Bar to Implement Bar Tab from Mastercard and Oracle Innovation eliminates the need to leave a card behind the bar

London, U.K.—Jul 19, 2017

Today TGI Fridays, Oracle and Mastercard announced the launch of Bar Tab at their Leicester Square location. Bar Tab is a new function within Mastercard’s Qkr! payment app that allows consumers to set up, manage and pay bar tabs using their smartphones. The application will be integrated into Oracle Hospitality’s restaurant management platform and Masterpass, the digital payment service. After today’s initial debut, TGI Fridays plans to deploy the app to 80 additional locations in the UK by the end of 2017. 

Customers can easily manage their tab through a designated four-digit PIN that connects orders in the restaurant management software to the Qkr! payment account. This means customers can easily manage the rounds that they are in with friends and split the bill. There is no need to hand over a payment card to bar staff, and no need to use a card machine.

“We’re always looking for ways to improve the unique Fridays experience for our guests,” said Jeremy Dunderdale, Head of Business Solutions, TGI Fridays UK. “With Bar Tab, we’re able to offer our diners the freedom to settle their bills on-demand, with this quicker and more convenient payment platform. Enabling self-service payments also allows our team members to focus on engaging guests in more meaningful ways – which is what we’re all about at Fridays.”

Betty DeVita, Chief Commercial Officer for Mastercard Labs, said: “Nobody wants to hand over their card to a bartender. Your card should be with you at all times, so it’s natural for people to leave a pub without having closed their tab. This is a common problem we wanted to solve through Qkr. For bar staff themselves we have removed the headache of card storage and admin.”

“Oracle Hospitality’s restaurant management platform allows the food and beverage industry to innovate by creating a single view of operations,” said Dale Grant, Senior Vice President Food and Beverage Oracle Hospitality. “With Oracle Hospitality solutions at the core, restaurants and bars can easily integrate additional solutions like Mastercard’s Qkr payments platform to reinvent their customer experience. By implementing Bar Tab, TGI Fridays can now offer its customers a quicker, more convenient experience that empowers staff to provide more welcoming bar experiences while reducing the number of unpaid tabs at the end of the night.”

About Oracle Hospitality

Oracle Hospitality develops hardware and software solutions that work together to help produce tailored guest service for hotels and F&B establishments. By addressing every facet of the business, Oracle Hospitality solutions help optimize operations across the board to deliver the speed, agility and efficiency required to meet customers’ unique needs.

About Mastercard

Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry.  We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.  Mastercard products and solutions make everyday commerce activities – such as shopping, travelling, running a business and managing finances – easier, more secure and more efficient for everyone.  Follow us on Twitter @MastercardUKBiz, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

About TGI Fridays

TGI Fridays offers authentic, contemporary, and full-flavoured American food, signature cocktails, and a lively, personalised experience.   With a continually evolving menu overseen by award-winning executive chef Terry McDowell, it’s the perfect stop for free-poured, personalised cocktails served by Fridays® Master Bartenders, a quick tasty bite, or a longer dinner with friends. Fridays® opened its first UK restaurant in Birmingham in March 1986. There are now 80 Fridays open in the UK.

For more information visit www.tgifridays.co.uk or www.fridays.com.  Like us on Facebook, follow us on Twitter, or visit our YouTube channel.

Trademarks

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

NetSuite Supports BRCA Foundation with New Registry Program

Wed, 2017-07-19 08:00
Press Release
NetSuite Supports BRCA Foundation with New Registry Program Pro Bono Volunteers Build Out Sophisticated Enhancements to Meet Needs of Nonprofit Using the SuiteCloud Development Platform

San Mateo, Calif.—Jul 19, 2017

Oracle NetSuite Global Business Unit, 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 it has teamed up with the BRCA Foundation, a nonprofit created to fund research for the prevention of “BRCA cancers,” or cancers believed to be caused by “broken” BRCA genes, to help launch a BRCA registry project and help the BRCA Foundation gather information relevant to its mission and organizational vision. A four-person team from NetSuite, together with the BRCA Foundation, created customizations in NetSuite to encourage participants to sign up for the program and ultimately pass voluntary contact and demographic data from a genomics testing partner to the BRCA Foundation, using the NetSuite SuiteCloud development platform. This data will be used to provide individuals with news and information about BRCA cancers, and allow them to connect with potential studies in which they may want to participate.

Established in 2016 by NetSuite Co-founder and NetSuite Global Business Unit Executive Vice President of Development, Evan Goldberg, the BRCA Foundation was created to accelerate research and foster collaboration to prevent and cure BRCA cancers. BRCA1 and BRCA2 are genes that produce proteins that help repair damaged DNA. For people who have a mutation in those genes, DNA damage may not repair properly and are more likely to develop additional alterations that can lead to cancer. A nonprofit and a NetSuite customer, BRCA applied for pro bono services from Oracle NetSuite Social Impact to help it establish a registry to gather and share data to provide researchers with potential participants they might use to conduct studies that will lead to better treatment and preventative options.

“NetSuite has been incredibly helpful and supportive of our mission every step of the way,” said Gail Fisher, Deputy Director of the BRCA. “It’s amazing what talented people can do with such a flexible platform. The registry is going to go a long way in the fight against cancer and have a huge impact on people with BRCA.”

As a result of the project, the BRCA Foundation now has a button on its website allowing volunteers to sign up for a genetic cancer screening test from its genomic testing partner. If volunteers choose, they can provide the BRCA Foundation with contact and demographic data to be maintained securely within NetSuite. That data can then be used in the fight against cancer, for example by enrolling participants in clinical trials if they wish.

“This project was so gratifying to be a part of,” said Jerome Wi, Solution Consulting Manager at NetSuite and Project Manager for Suite Pro Bono. “I got to lend my development skills to support a project that will ultimately help to fight against cancer, all while using the SuiteCloud development platform.”

Contact Info
Christine Allen
Public Relations, Oracle NetSuite Global Business Unit
603-743-4534
PR@netsuite.com
About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based financials/ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit www.netsuite.com/developers.

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit 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 Global Business Unit’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.

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Christine Allen

  • 603-743-4534

Oracle Named a Leader in 2017 Analyst Evaluation for Digital Process Automation Software

Tue, 2017-07-18 10:00
Press Release
Oracle Named a Leader in 2017 Analyst Evaluation for Digital Process Automation Software Oracle positioned as a leader and selected for evaluation based on proven customer adoption, strong go-to-market strategy, and breadth of capabilities

Redwood Shores, Calif.—Jul 18, 2017

Oracle today announced it has been named a leader in the Forrester Wave™ Digital Process Automation (DPA) Software report. This placement confirms leadership for Oracle Process Cloud, which is part of Oracle Cloud Platform.

“By delivering comprehensive process automation capabilities such as no- and low-code process design, case management and simplified connections to SaaS, Social, Cloud and on-premise systems, Oracle provides customers with a powerful option to continuously deliver engaging customer, employee, and partner experiences at every stage in their business transformation journey,” said Vikas Anand, vice president, product management, Oracle. “Today business process automation augmented with intelligent machine learning is helping organizations drive best next actions and provide them with better, timely decision making capabilities.”

In Forrester's 30-criteria evaluation of DPA vendors, they evaluated 12 significant software providers. Oracle was cited as a leader with the highest possible scores in the low-code/no-code, smart forms and user experience, process flow and design, mobile engagement, API support, data virtualization, deployment options, and ease of implementation criteria.

Download Forrester’s Wave report for “Digital Process Automation Software, Q3 2017” here.

Oracle Process Cloud Service was built from the ground up for the cloud to provide enterprises of all sizes with the low-code app dev platform that they need to build business agility and control their digital destiny. With full lifecycle support for end-to-end process automation spanning departments, SaaS apps, and on-premises systems of record, Oracle Process Cloud Service empowers business analysts and process designers with the tools they need to rapidly deliver differentiating experiences in a collaborative manner. Oracle Process Cloud Service comes with Quick Start App templates and pre-built integrations to companion platform services including, Content Management, Integration, Mobile, Intelligent Bots, and IoT Apps, to enable rapid delivery of engaging experiences across channels and devices.

Customer Momentum

“Process automation is central to our integration strategy,” said Ravi Gade, senior director of apps IT and digital transformation, Calix. “Calix leverages Oracle Process Cloud to reduce IT backlog, ensure compliance, and simplify connections across our rapidly evolving SaaS and on-premises business systems.”

“Using a combination of Oracle Process Cloud Service and Oracle Application Builder Cloud Service along with the cloud-native best practices introduced by our partner, Rubicon Red, we have a comprehensive, integrated cloud platform that enables us to deliver innovative, modern solutions,” said Ryan Klose, general manager, corporate, National Pharmacies. “The Oracle Cloud Platform gives us flexibility to connect to all our core systems, and easily deliver to a range of user interfaces, whether they be online, mobile/tablet, devices/IoT, or emerging chatbot technology.” 

"Oracle Process Cloud Service has allowed us to dramatically shorten our time-to-market by up to 40 percent,” said Matt Wright, chief technology officer, Rubicon Red. “Oracle provides developers with immediate access to a full lifecycle process management environment—including development, test, and production—and enterprise-quality tooling, without needing to build and maintain an IT infrastructure.”

Additional information:
Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@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 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.

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Nicole Maloney

  • +1.415.235.4033

Sarah Fraser

  • +1.650.743.0660

Duke Kunshan University Selects Oracle to Optimize Student Experience

Mon, 2017-07-17 07:00
Press Release
Duke Kunshan University Selects Oracle to Optimize Student Experience Oracle Student Cloud chosen to help innovative Liberal Arts & Research University in China attract, enroll and retain students

Redwood Shores, Calif.—Jul 17, 2017

Duke Kunshan University, a highly innovative joint venture of Duke University, Wuhan University and the City of Kunshan, China, has selected Oracle Student Cloud to support student recruitment, enrollment and engagement. Oracle Student Cloud will help Duke Kunshan University maintain operational excellence and student success by using technology to help modernize and optimize the student experience.

Established in 2014 and located in Kunshan, China, Duke Kunshan University offers a range of academic programs for students from China and throughout the world. To support its goal of becoming a world-class liberal arts and research university, Duke Kunshan University wanted to ensure that every student received a unique, all-inclusive experience from onboarding to graduation. To deliver a personalized and seamless experience across channels and devices, Duke Kunshan University selected Oracle Student Cloud.

“We knew that creating a new world-class university focused on liberal arts and research in China was going to be a challenge and a distinct opportunity for higher education innovation, and we want our students to be prepared and also acquainted with the latest technologies,” said Denis Simon, Executive Vice Chancellor at Duke Kunshan. “Duke Kunshan University will provide an intimate and forward-looking educational experience, from enrollment to graduation, for all of our students. Oracle Student Cloud is a student-centric solution that supports flexible learning models and helps us meet the increasing demands of today’s economy and diverse student body.”

Duke Kunshan University plans to use Oracle Student Cloud, including Student Engagement and Student Recruiting, to recruit highly qualified students, drive program success and help reduce costs. Student Engagement and Student Recruiting are designed to enable Duke Kunshan University to analyze the student journey and help meet its admission objectives. In addition, the university will be able to operationalize its undergraduate program through the implementation of Oracle’s Campus Solutions student information system.

"By combining deep domain knowledge that has been established over a quarter of a century with a modern and secure cloud, Oracle is helping more than 800 higher education institutions around the world drive success,” said Vivian Wong, group vice president, Higher Education Development at Oracle. “Oracle’s next-generation cloud platform for Higher Education is designed to modernize education institutions, accelerate insight, and empower students via an intuitive user experience, embedded analytics, and built-in collaboration delivering comprehensive support for the entire student lifecycle.”

Additional Information

Oracle Student Cloud is a comprehensive solution focused on managing the student lifecycle and promoting collaborative relationships with the goal of student success. The solution benefits institutions by enabling them to anticipate students’ needs, illuminating their academic path and empowering students to succeed. 

Duke Kunshan University selected global professional services firm Huron to integrate the cloud solution.

“Higher education leaders understand that the benefits of cloud technology go beyond efficiency gains to support their goals of attracting, retaining and graduating quality students,” said Steve Kish, Managing Director, Huron. “By providing students a seamless experience, including remote access to secure data with any type of device, forward-looking institutions like Duke Kunshan University are enhancing the student experience and student success."

 
Contact Info
Jennifer Yamamoto
Oracle
+1.916.761.9555
jennifer.yamamoto@oracle.com

About Duke Kunshan University

Duke Kunshan University is an innovative partnership between Duke University, Wuhan University, and the City of Kunshan to create a world-class liberal arts and research university offering a range of academic programs for students from China and around the world. A non-profit, joint-venture institution, Duke Kunshan was granted accreditation approval by China’s Ministry of Education in September 2013 and welcomed its inaugural class of students in August 2014. In August 2018, Duke Kunshan University will welcome the first students in its four-year undergraduate degree program. Currently, Duke Kunshan offers four master programs in medical physics, global health, environmental policy and management studies, which grant Duke degrees to its graduates. An undergraduate Global Learning Semester program offers a semester-long learning experience to undergraduate students currently enrolled at other Chinese and international universities.

The Duke Kunshan University campus is located in Kunshan, Jiangsu province, China.  Located in close proximity to both Shanghai and Suzhou and connected to both by high-speed rail, the city of Kunshan is a center for business, high-tech research and advanced manufacturing and has one of the fastest growing local economies in China.

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.

 
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Jennifer Yamamoto

  • +1.916.761.9555

Global Accessories Retailer Parfois Establishes a Foundation for Accelerated Growth with Oracle Retail

Mon, 2017-07-10 12:17
Press Release
Global Accessories Retailer Parfois Establishes a Foundation for Accelerated Growth with Oracle Retail Gaining Operational Efficiency to Support Anticipated High Growth

Redwood Shores, Calif.—Jul 10, 2017

Today, Oracle announced that Parfois has successfully deployed the Oracle Retail Merchandise Operations Suite and the Oracle Retail Warehouse Management System to support their high growth and international expansion plans. Parfois operates over 750 stores across in 58 countries around the world. In six years, Parfois expects to triple the number of retail stores in their portfolio. Parfois offers affordable and on-trend fashion accessories such as handbags, jewelry, wallets, sunglasses, belts, scarves, watches, and hair accessories.  Parfois also recently introduced apparel to their assortment.  Parfois designs and develops 3,500 SKUs each season, with new items and merchandising in every store, every week. 

“Prior to the implementation of Oracle Retail, our merchandising processes could not scale to support new business models. Several of our core processes were supported by Excel-based tools that were prone to human error and a lack of consistency,” said Frederico Santos, Chief Information Officer and Chief Financial Officer, Parfois. “Our transformational initiative allowed us to evolve and efficiently prepare for growth opportunities today and tomorrow. By gaining visibility into inventory and adopting industry best practice, we can better anticipate demand and plan inventory placement. The robust Oracle solution provides a consistent and reliable core operations engine.”

Oracle Gold Partner Retail Consult partnered with Parfois to deploy Oracle Retail Merchandising, Oracle Retail Sales Audit, Oracle Retail Invoice Matching, Oracle Retail Trade Management and Oracle Retail Warehouse Management.  

“Retail Consult has truly partnered with us to achieve a holistic vision. Retail Consult brings the technical and business expertise to allow us to move forward together,” said Frederico Santos, Chief Information Officer and Chief Financial Officer, Parfois. “We trust Retail Consult to educate our teams to drive adoption of the solutions.”

“We are pleased to play a role in the success and expansion of Parfois. Merchandising is the backbone of the retail business and we continue to invest in our world class solutions. Our goal is to accelerate critical decision making through a powerful, modern interface and persona driven dashboards for retailers,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

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

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.

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Matt Torres

  • 415-595-1584

Chartis Names Oracle as Top Category Leader for IFRS 9 Solutions

Mon, 2017-07-10 07:00
Press Release
Chartis Names Oracle as Top Category Leader for IFRS 9 Solutions

Redwood Shores, Calif.—Jul 10, 2017

Oracle has been named the top category leader in IFRS 9 solutions by research firm Chartis Research. Oracle believes its leadership position within the Chartis Research report further affirms their best-in-class offerings for all financial services entities looking to conform to IFRS 9 standards before the January 1, 2018 deadline.

“Our placement on the Chartis Research report is indicative of our continued success in providing exhaustive and effective IFRS 9 offerings,” said Ambreesh Khanna, Group Vice President and General Manager for Oracle Financial Services. “Now more than ever IFRS 9 implementation poses a distinct challenge for financial institutions that could potentially affect their bottom line. Our solution, built on Oracle’s integrated finance and risk architecture, is here to help define, plan and execute an IFRS 9 implementation roadmap. We look forward to helping our customers meet regulatory deadlines and were delighted to hear of our best-in-class placement on the Chartis report.”

The Chartis IFRS 9 Technology Solutions Market Update 2017 Report analyzes how financial institutions are responding to IFRS 9 requirements, emerging business and technology trends in the IFRS 9 technology marketplace and how solution vendors are responding to these new demands. The report also features the Chartis FinTech QuadrantTM to better illustrate vendor landscape. This quadrant utilizes a comprehensive methodology formed through in-depth independent research and a scoring system that explains which tech solutions best meet an organization’s needs. It provides an exhaustive and in-depth look at the best IFRS-9 solutions available in today’s marketplace with Oracle ranking as the leading service provider.

“The methodology behind our FinTech Quadrant™ distills key qualities of market leaders and in the case of IFRS 9, the new accounting standard that combines both the disciplines of Finance and Risk Management, Oracle is the category leader” said Hugh Stewart, Research Director at Chartis Research. “This is because of Oracle’s strength across the large number of disciplines IFRS 9 demands. These include data management and classification, accounting and general ledger, expected credit loss calculations and governance of modelling and enclosures. Across all of these, together with their delivery, support and marketing potential, Oracle came out on top.”

Download an executive summary of the Chartis IFRS 9 Technology Solutions Market Update 2017 Report here.

Contact Info
Amy Bielecki
Oracle
+1-410-430-6435
Amy.Bielecki@oracle.com
Michael Kane
Chartis Research
+1-978-257-2179
Michael@Chartis-Research.com
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 cloud.oracle.com.

Trademarks

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

About Chartis

Chartis is the leading provider of research and analysis on the global market for risk technology, and is part of InfoPro Digital. Chartis's goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant®, RiskTech100® and FinTech Quadrant™ are registered trademarks of Chartis Research (http://www.chartis-research.com)

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Amy Bielecki

  • +1-410-430-6435

Michael Kane

  • +1-978-257-2179

Finance and HR Leaders Shape Digital Disruption, New Research Finds

Thu, 2017-07-06 07:00
Press Release
Finance and HR Leaders Shape Digital Disruption, New Research Finds New Oracle and MIT Technology Review study reveals the human drivers of cloud automation as the roles of finance, HR, and IT evolve to meet the needs of a more connected organization

Redwood Shores, Calif.—Jul 6, 2017

To enable organizations to thrive in a competitive digital marketplace, Oracle and the MIT Technology Review – an independent media company founded at the Massachusetts Institute of Technology (MIT) in 1899—today released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud’s New Power Partnership, outlines how a holistic view into finance and HR information, delivered via cloud technology, empowers organizations to better manage continuous change.  

Based on a global survey of 700 C-level executives and finance, HR, and IT managers, the study found that a shared finance and HR cloud system is a critical component of successful cloud transformation initiatives. Among the benefits of integrating enterprise resource planning (ERP) and human capital management (HCM) systems is easier tracking and forecasting of employee costs for budgeting purposes. Additionally, integrated HCM and ERP cloud systems improve collaboration between departments, with 37 percent of respondents noting that they use the cloud to improve the way data is shared.

The report also reveals the human factors behind a successful cloud implementation, with employees’ ability to adapt to change standing out as critical. Among organizations that have fully deployed the cloud, almost half (46 percent) say they have seen their ability to reshape or resize the organization improve significantly—as do 47 percent of C-level respondents.

The productivity benefits have also been significant. Nearly one-third of respondents (31 percent) say they spend less time doing manual work within their department as a result of moving to the cloud and that the automation of processes has freed up time to work toward larger strategic priorities.

“As finance and HR increasingly lead strategic organizational transformation, ROI comes not only with financial savings for the organization, but also from the new insights and visibility into the business HR and finance gain with the cloud. People are at the heart of any company’s success and this is why we are seeing finance and HR executives lead cloud transformation initiatives,” said Steve Cox, group vice president, ERP EPM product marketing at Oracle. “In addition, improved collaboration between departments enables organizations to manage the changes ahead and sets the blueprint for the rest of the organization’s cloud shift.”

The survey also reveals there is a blurring of lines between functions and individual roles as the cloud increasingly ties back office systems together:

  • Increased Collaboration: 46 percent of finance and HR professionals say a full cloud deployment has led to significantly improved collaboration between departments, and nearly half expect a significant improvement in the next two years.
    • This extends to IT as well. 52 percent of C-level respondents said the relationship between IT, HR and finance is even better than expected following their cloud implementation
  • Cross-Corporate Intermingling: With the new roles of HR and finance professionals requiring them to work more closely with data and the cloud, 43 percent of businesses plan to bring IT people into these departments to help employees take advantage of new technologies.
  • New Skillsets: Desired skills respondents want to improve upon include:
    • Time management, with 40 percent saying this is currently an issue
    • Active learning
    • Problem solving, mathematical reasoning and analytical skills
    • The IT function also changes. Post-deployment, 56 percent of C-level respondents report that IT has significantly improved when it comes to producing innovations.

Cox added: “As organizations navigate technological changes, it’s critical for the C-suite to empower its employees to evolve their individual business acumen. Many businesses understand this and it’s encouraging to see 42 percent planning to provide their teams with management skills training to help them break out of their traditional back-office roles. The learnings from the move of finance and HR to the cloud will ultimately spread across the organization as, together, they conceptualize the shape of the next disruption.”

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

Oracle partnered with the MIT Technology Review to survey HR, Finance and IT professionals about the state of their cloud transformation and to gain insight into how moving to the cloud has improved collaboration among teams. In total, 700 HR, Finance, and IT professionals were polled across North America, EMEA and Asia.

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.

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Oracle ERP Cloud Named Leader in 2017 Gartner Magic Quadrant for Cloud Core Financial Management Suites

Wed, 2017-06-28 10:00
Press Release
Oracle ERP Cloud Named Leader in 2017 Gartner Magic Quadrant for Cloud Core Financial Management Suites

Redwood Shores, Calif.—Jun 28, 2017

News Summary

Oracle today announced it has been named a Leader in Gartner’s 2017 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” research report1. Out of 11 products evaluated, Oracle ERP Cloud is positioned the highest for both completeness of vision and ability to execute.

According to the report, “Leaders demonstrate a market-defining vision of how core financial management systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear ability to execute this vision through products, services and go-to-market strategies. They have a strong presence in the market and are growing their revenues and market shares. In the cloud core financial management suites market, Leaders show a consistent ability to win deals in organizations of different sizes, and have a good depth of functionality across all areas of core financial management. They have multiple proof points of successful deployments by customers based in their home region and in other geographies. Their offerings are frequently used by system integrator partners to support finance transformation initiatives.”

“Transformation and innovation are top of mind for finance organizations. Customers are looking for best-in-class cloud solutions to help drive deep real time business insights, increase productivity, and lower costs,” said Rondy Ng, senior vice president, applications development at Oracle. “Oracle ERP Cloud is the only enterprise-grade solution on the market with the breadth, depth, security, scalability, and cutting-edge innovations to meet these demanding business needs. We consider our leader positioning by Gartner as validation of our product and service driven strategy and recognition of our commitment to our customers’ success.”

“When we started our finance transformation effort to modernize our systems infrastructure, we needed a flexible solution that reduced our cost profile, mandated standardized best practice processes, and accelerated our ability to uptake innovative technology,” said Matthew Trager, Head of Finance Business Architecture, Lloyds Banking Group. “Oracle ERP Cloud met these and all of our functional and security requirements, giving us the agility to react and grow in a hyper-competitive business environment.”

Oracle ERP Cloud is the industry’s most complete, modern, and proven financial platform delivered seamlessly through the Oracle Cloud. A modern user interface driven by the latest design innovations delivers embedded analytics, contextual social collaboration, and a device-independent mobile experience to make Oracle ERP Cloud familiar and easy to use.

Oracle ERP Cloud includes complete ERP capabilities across Financials, Procurement, and Project Portfolio Management (PPM), as well as Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Supply Chain Management (SCM). Native integration with the broader Oracle SaaS portfolio for Human Capital Management (HCM), and Customer Experience (CX) offer customers a practical, business-driven, rapid adoption path forward.

Download Gartner’s 2017 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” research report”1.

For additional information on Oracle Cloud solutions for Finance, visit Oracle Enterprise Resource Planning (ERP) Cloud’s Facebook, Twitter, or the Modern Finance Leader blog.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1.Gartner, “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises,” by Nigel Rayner, Robert P. Anderson, John E. Van Decker, June 2017.

 
Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
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 http://cloud.oracle.com.

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gnTel Selects Oracle Communications to Scale Cloud Based Hosted Services

Wed, 2017-06-28 09:00
Press Release
gnTel Selects Oracle Communications to Scale Cloud Based Hosted Services gnTel deploys Oracle Communications Session Border Controller to expand their SIP trunking and hosted unified communications services and to establish a clear path for evolution to NFV

Redwood Shores, Calif.—Jun 28, 2017

gnTel, a fast growing cloud-based telecom service provider to small and medium sized businesses in the Netherlands, has selected Oracle Communications technology to better scale their operations and lay the groundwork for the evolution of their network to NFV. Replacing their existing solution, gnTel will use Oracle Communications Session Border Controller (OCSBC) running on Acme Packet 4600 purpose-built hardware platforms to immediately create a new scalable access and peering infrastructure for their customers. This solution will allow gnTel to not only jumpstart their services but because of the close interworking between physical and virtualized OCSBC instances, and a flexible licensing scheme, also preserve this investment while they migrate to NFV.

Oracle Communications Session Border Controller is one of the industry’s leading border control solution that operates with most major IP-PBX, unified communications, and application server providers - reducing risks associated with commercial production level installations. Available on both purpose-built physical and commercial-off-the-shelf virtualized platforms, and coupled with a perpetual network-wide licensing scheme, OCSBC provides maximum flexibility to operators.

gnTel also chose NetAxis Solutions, an Oracle professional services partner, with deep technology competencies and experience, to design and implement their new service infrastructure.

“At gnTel, we recognize the fast pace of technology evolution in the telecom industry. We wanted to invest in a proven solution from a company that brings together expertise in cloud, virtualization, IT, and telecommunications,” said Onno Speekenbrink, gnTel. “Oracle’s solution and NetAxis Solution’s implementation will position us well for future growth.”

“Oracle’s cloud-ready session delivery solutions coupled with their extensive interoperability with third-party equipment and with our network monitoring software makes it simple for us to size, configure, deploy, and maintain the complex multi-vendor solution that gnTel requested,” said Bart van de Kar, NetAxis. “This project will further cement our expertise and relationship with Oracle.”

“In today’s marketplace, operators are looking for long-term, cost-effective and verified solutions that can improve their agility, streamline operations and accelerate time to market,” said Doug Suriano, senior vice president and general manager, Oracle Communications. “Oracle Communications SBC provides CSPs, such as gnTel, the unconstrained flexibility that supports their efforts now and in the future.”

To learn more about Oracle Communications solutions, please connect on Twitter @OracleComms and at www.youtube.com/user/OracleCommunications, or visit oracle.com/communications.

To learn more about NetAxis Solutions, please visit http://www.netaxis.be/.

For further information about gnTel please visit http://www.gntel.nl/en.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

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

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

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Katie Barron

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Kristin Reeves

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State University of New York Selects Oracle Cloud at Customer to Modernize the Learning Experience for Students and Staff

Wed, 2017-06-28 09:00
Press Release
State University of New York Selects Oracle Cloud at Customer to Modernize the Learning Experience for Students and Staff Largest University System in the U.S. Looks to Oracle Cloud to Fuel Innovation, While Managing Stringent Regulatory Mandates

Redwood Shores, Calif.—Jun 28, 2017

News Summary

Oracle today announced that State University of New York is modernizing its infrastructure with Oracle Cloud. The State University of New York (SUNY) is the largest comprehensive university system in the United States, with 64 institutions serving more than 1.3 million students. Leveraging Oracle Cloud at Customer, SUNY aims to digitally transform its IT infrastructure, while meeting stringent regulatory data requirements and improving services to its constituents. The solution was selected in conjunction with Mythics, a Platinum-level partner in the Oracle PartnerNetwork.

Because of regulatory concerns and state mandates, SUNY needed a cloud solution that would sit behind their firewall, while still offering all the modern capabilities of a public cloud offering. After a competitive review, SUNY chose the Oracle Cloud Machine and Oracle to lead its data center transformation. SUNY expects its individual institutions to adopt the Oracle Cloud Machine to run their public cloud initiatives while keeping sensitive data within their premises. Individual schools can leverage the Oracle Cloud Machine to provision virtual machines, replicate mission critical data for disaster recovery, and quickly stand-up development and test environments, which can help those schools to reduce their individual data center footprints and reduce operating costs.  

“SUNY is dedicated to continually innovating to deliver the best learning experiences for our students and modern, efficient services for our staff,” said, Mike Notarius, CIO of the State University of New York Information Technology Exchange Center (ITEC). “We are excited to stand up the Oracle Cloud at the State University of New York (SUNY) Information Technology Center (ITEC) and provide a public cloud experience within the SUNY Private Cloud.”

Leveraging Oracle’s Cloud PaaS and IaaS capabilities, Oracle Cloud Machine enables customers to innovate in the cloud, while keeping their data behind their firewall. With a comprehensive, integrated portfolio of platform services, the offering empowers users to innovate faster, increase productivity, and lower costs.

Contact Info
Katie Barron
Oracle PR
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

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

Trademarks

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

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Katie Barron

  • +1.202.904.1138

Kristin Reeves

  • +1.415.856.5145

Italian Consumer Electronics Retailer Unieuro SpA Drives Efficiency Through Supply Chain

Tue, 2017-06-27 08:01
Press Release
Italian Consumer Electronics Retailer Unieuro SpA Drives Efficiency Through Supply Chain Anticipate Demand and Simplify Operations with a Unified View of Inventory

Redwood Shores, Calif.—Jun 27, 2017

Today, Oracle announced that consumer electronics retailer Unieuro SpA purchased Oracle Retail Demand Forecasting and Oracle Retail Allocation & Replenishment to optimize stock levels, increase profitability and improve cash flow.

Unieuro aims at improving its centralized supply chain organization in order to support effective omnichannel replenishment processes including DOS, affiliate and online channels. With this initiative, Unieuro is in a stronger position to optimize the cross-channel opportunity to minimize stock, reduce obsolescence and streamline organizational costs. The supply chain organization will have the much needed visibility into demand coming from all touch points and to ultimately orchestrate the supply, reduce lost sales and increase customer satisfaction.

“Oracle Retail provides a distinctive replenishment approach for short lifecycle products which includes attribute based forecasting.” said Luigi Fusco, COO, Unieuro SpA. “We believe the optimized orchestration of the stock across channels will help improve our fulfillment rate to improve customer satisfaction and reduce obsolescence to eliminate costs.”

“After conducting a proof of concept with our data, Oracle Retail gained our confidence to move forward with the project. We validated our choice with customer references in the consumer electronics and hardlines businesses,” said Luca Girotti, IT Director, Unieuro. “We are thankful to the Sopra Steria team who helped us evaluate the market offerings and ultimately decide to move forward with the Oracle Retail solution.”

“Retailers like Unieuro can proactively position inventory in the right place in the right quantity by using analytic algorithms to drive accuracy and visibility. The visibility of this new supply chain organization will help Unieuro inspire consumer loyalty with a better in-stock position wherever they are inspired to shop,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

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. 

NetSuite Announces New Channel Partners Seeking to Drive Growth with Cloud ERP

Tue, 2017-06-27 08:01
Press Release
NetSuite Announces New Channel Partners Seeking to Drive Growth with Cloud ERP Cherry Bekaert, Terillium, Revolution Group and Conexus SG Join NetSuite Solution Provider Program

San Mateo, Calif.—Jun 27, 2017

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced the addition of new partners to the NetSuite Solution Provider Program including Cherry Bekaert, Terillium, Revolution Group and Conexus SG. All four partners have launched new cloud ERP practices with NetSuite to help clients capitalize on the transformative power of cloud ERP. These new partners are responding to high demand for cloud ERP that can deliver greater agility and scalability for growth without the costly overhead and limitations of on-premise systems. At the same time, the partners are taking advantage of the opportunity to diversify and grow their business while benefiting with the high margins and recurring revenue offered through the NetSuite Solution Provider Program.

Launched in 2002, the NetSuite Solution Provider Program is the industry’s leading cloud channel partner program. Since its inception, NetSuite has been a leader in partner success, breaking new ground in building and executing on the leading model to make the channel successful with NetSuite. A top choice for partners who are building new cloud ERP practices or for those expanding their existing practice to meet the demand for cloud ERP, NetSuite has enabled partners to transform their business model to fully capitalize on the revenue growth opportunity of the cloud. The NetSuite Solution Provider Program delivers unprecedented benefits that include highly attractive margins and range from business planning, sales, marketing and professional services enablement, to training and education. Click here for more information about the NetSuite Solution Provider Program.

“These new partners are teaming with NetSuite as the global migration to the cloud continues to accelerate,” said Craig West, Oracle NetSuite Global Business Unit Vice President of Channel Sales. “We look forward to helping customers modernize and transform how business is done through these collaborative and mutually beneficial relationships.”

Cherry Bekaert Launches ERP Consulting Practice with NetSuite Cloud ERP

Cherry Bekaert (www.cherrybekaert.com), one of the 25 largest CPA firms in the U.S. with 1,000+ associates, has launched a new ERP consulting practice to offer NetSuite to businesses in software and technology, manufacturing, distribution, private equity, transportation and logistics, nonprofit, financial services and other industries. The 70-year-old firm, headquartered in Richmond, VA with strong concentration from Washington, D.C. to Miami, will provide implementation, support and customization services to existing and new midmarket customers amid growing demand for NetSuite’s industry-leading solution for ERP, CRM and ecommerce. Cherry Bekaert specializes in helping clients take advantage of opportunities and address new requirements that come with expansive growth. By joining forces with NetSuite, Cherry Bekaert’s new Cloud Solutions practice will equip clients for improved efficiency and productivity in financial operations; compliance with revenue recognition, tax and reporting requirements; and real-time visibility into consolidated financial results.

“The demand for cloud solutions is surging among our middle-market client base, particularly in technology, health and life sciences, and industrial, the sectors that make up our practice,” said Paul Doucet, Managing Director of Cherry Bekaert’s Cloud Solutions practice. “NetSuite’s integrated applications provide a dynamic cloud solution with deep expertise in our core industry segments. We look forward to an equitable and rewarding relationship.”   

Terillium Expands Oracle Platinum Relationship with NetSuite

Terillium (www.terillium.com), a Platinum level member in the Oracle PartnerNetwork since 2006 and 12-time recipient of Oracle Excellence Awards, is expanding its Oracle technology offerings as a new NetSuite Solution Provider serving clients in the small and midmarket manufacturing, distribution and services sectors. Based in Cincinnati, OH, with more than 170 associates, Terillium’s new NetSuite practice will complement its traditional focus on Oracle JD Edwards and Oracle cloud offerings for supply chain, procurement, financials, planning and budgeting, sales and human capital management. With Oracle’s acquisition of NetSuite complete last November, allying with NetSuite was a “natural fit” that enables Terillium to offer organizations NetSuite’s agile, scalable and unified platform, according to Steve May, Vice President at Terillium. Terillium leverages deep expertise gained in delivering solutions to more than 500 businesses to meet rising demand for cloud ERP, CRM and B2B ecommerce with a complete NetSuite services offering for implementation, customization, integration and ongoing optimization.

“We teamed with NetSuite because it’s the #1 cloud ERP on the market with a complete and proven platform used by over 40,000 organizations that can be deployed very quickly with all the benefits of the cloud,” May said. “Offering NetSuite cloud ERP to the businesses we work with is aligned with our mission to provide the best solutions and services possible.”

Revolution Group Focuses on Manufacturing, Distribution with NetSuite

Revolution Group (www.revolutiongroup.com), founded in 1995, is expanding their cloud ERP practice with NetSuite to meet growing demand among its manufacturing, distribution and professional services clients and prospects for cloud ERP. Based in Ohio with about 80 associates, Revolution Group will provide NetSuite cloud ERP distribution, implementation, customization and development that combines NetSuite’s best-in-class platform with Revolution Group’s decades of expertise in the manufacturing, distribution and professional services industries. The relationship with NetSuite expands Revolution Group’s cloud technology portfolio beyond Salesforce and the Plex Manufacturing Cloud. Revolution Group will also leverage its development team and the SuiteCloud development platform for “last mile” customizations and optimizations that help clients continuously innovate and grow with NetSuite.

“We see NetSuite as a very scalable, flexible and growth-oriented platform to meet our customers’ business requirements,” said Rick Snide, CEO of Revolution Group. “Businesses are seeking cloud ERP solutions that correspond with their business needs and budget. Our teaming with NetSuite allows us to offer our clients and prospects options that complement our current services and help them achieve their goals.”

Conexus SG Expands Beyond On-Premise Microsoft ERP with NetSuite

Conexus SG (www.conexussg.com), based in Dallas-Fort Worth, TX, has joined the NetSuite Solution Provider program to offer their first cloud ERP offering and expand beyond its traditional focus of on-premise Microsoft Dynamics GP, SL, CRM and related solutions. The move addresses increased demand for NetSuite cloud solutions, among Conexus SG’s clients and prospects in the oil and gas, manufacturing, distribution, healthcare, restaurant and services industries in the Texas and Oklahoma region. Founded in 2008 and a Microsoft Gold ERP Partner that has served hundreds of customers, Conexus SG combines its deep experience in industry-specific ERP implementation with NetSuite’s proven platform to offer clients a true cloud ERP solution geared for efficiency and growth. Besides NetSuite ERP, CRM and ecommerce implementation and optimization, the 20-person firm will also offer the NetSuite OpenAir professional services automation solution.

“Customers are asking for cloud and customers are asking for NetSuite,” said Eric Holleman, Conexus SG Managing Director. “The future is cloud, and NetSuite is the clear leader in cloud ERP. NetSuite is an ideal fit for fast-growing companies because it doesn’t require infrastructure, it’s fast to implement, and it’s scalable for growth. We’re delighted to team up with NetSuite to offer clients greater choice and flexibility.”

Contact Info
Christine Allen
Public Relations, Oracle NetSuite Global Business Unit
603-743-4534
PR@netsuite.com
About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit 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 Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

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. 

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Bank of America Selects Oracle Cloud for ERP and Financials

Mon, 2017-06-26 08:30
Press Release
Bank of America Selects Oracle Cloud for ERP and Financials

Redwood Shores, Calif.—Jun 26, 2017

Oracle (NYSE: ORCL) announced today that Bank of America (NYSE: BAC) has selected Oracle’s cloud-based ERP and financial applications for both its international general ledger and its broker-dealer systems. Oracle is the world leader in Cloud ERP systems. The company now has more than five thousand Fusion Financial cloud applications customers installed worldwide.

“Bank of America is among the most sophisticated applications customers in the world,” said Mark Hurd, CEO, Oracle. “Companies in record numbers are migrating legacy ERP applications to Oracle ERP Cloud.  Oracle will deliver Bank of America the most modern, complete, global ERP applications in the world.”

“Our continued focus on technology modernization has positioned Bank of America as a contemporary technology company,” said Cathy Bessant, Chief Operations and Technology Officer. “Our agreement with Oracle is about our technology and culture; we’ll learn with and from each other to deliver the best solutions.  We anticipate 80 percent of our technology workloads will be delivered on the cloud within the next few years, and this solution for general ledger reflects our evolving strategy and the improvements in cloud security and economics.”

Contact Info
Jennifer Yamamoto
Oracle
+1.916.761.9555
jennifer.yamamoto@oracle.com
Jumana Bauwens
Bank of America
+1.213.345.9134
jumana.bauwens@bankofamerica.com
About Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning digital banking with approximately 35 million active users and more than 22 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

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.

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. 

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Oracle Named a Leader in the 2017 Gartner Magic Quadrant for Access Management, Worldwide

Mon, 2017-06-26 07:00
Press Release
Oracle Named a Leader in the 2017 Gartner Magic Quadrant for Access Management, Worldwide Oracle positioned as a leader based on completeness of vision and ability to execute

Redwood Shores, Calif.—Jun 26, 2017

Oracle today announced that it has been named a leader in Gartner’s inaugural “Magic Quadrant for Access Management, Worldwide 2017” report[1]. Oracle believes its leadership position for Oracle Access Management further highlights the exceptional service enhancements introduced by Oracle Identity Cloud Service so far this year.

“We believe this recognition is a credit to Oracle’s commitment to build a comprehensive portfolio of PaaS security solutions, an integral piece of Oracle Cloud Platform,” said Peter Barker, senior vice president, Identity and Security at Oracle. “Our goal has been to deliver a suite of security solutions that customers can adapt and scale to help secure their digital business transformation. Oracle Identity Cloud Service is a core part of Oracle’s Identity-based Security Operations Center (SOC) framework that provides customers with an adaptive, machine learning-based security architecture.”

For this report, Gartner evaluated vendors with regard to their ability to provide a general set of access management (AM) functionalities across multiple use cases, and in multiple geographies and industries, and to do so by providing solid value for money as perceived by their customers. According to the report, “Leaders in the AM market generally have significant customer bases. They provide feature sets that are appropriate for current customer use-case needs. Leaders also show evidence of strong vision and execution for anticipated requirements related to technology, methodology or means of delivery; and they show evidence of how AM plays a role in a collection of related or adjacent product offerings. Leaders typically demonstrate solid customer satisfaction with overall AM capabilities, the sales process and/or related service and support.”

According to Gartner, "AM applies to technologies that use access control engines to provide centralized authentication, single sign-on (SSO), session management and authorization enforcement for target applications in multiple use cases. Access managers have evolved from early ‘web access managers.’ Target applications may have traditional web application architectures using web browsers and web application servers, and these applications may run on customers' premises or in the cloud.”

Download Gartner’s 2017 “Magic Quadrant for Access Management, Worldwide” here.

Oracle Access Management and Oracle Identity Cloud Service are part of the broader Oracle Identity Management platform.  Oracle was also recognized as a leader in Gartner’s February 2017 “Magic Quadrant for Identity Governance and Administration” for the fourth consecutive year. Oracle’s Access Management solutions are designed to help businesses secure hybrid, on-premises and cloud application deployments, while preserving a seamless user experience, centralized administration, and market-leading performance and scalability. Oracle Identity Cloud Service, which is Oracle’s next generation comprehensive identity platform, is cloud-native and designed to be an integral part of the Oracle Identity SOC that also includes Oracle Security Monitoring and Analytics Cloud Service, Oracle CASB Cloud Service and Oracle Configuration and Compliance Cloud Service.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Gartner, “2017 Magic Quadrant for Access Management, Worldwide,” by Gregg Kreizman, Anmol Singh, June 7, 2017

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 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. 

Oracle Named a Leader in the 2017 Gartner Magic Quadrant for Mobile App Development Platforms

Fri, 2017-06-23 10:00
Press Release
Oracle Named a Leader in the 2017 Gartner Magic Quadrant for Mobile App Development Platforms Oracle positioned as a leader based on ability to execute and completeness of vision

Redwood Shores, Calif.—Jun 23, 2017

Oracle today announced that it has been named a leader in Gartner’s 2017 “Magic Quadrant for Mobile Application Development Platforms” report[1]. This recognition is another milestone in the tremendous momentum and growth of Oracle Mobile Cloud Service, part of Oracle Cloud Platform, this year.

“We believe this recognition is another acknowledgement of Oracle’s strong market momentum in the mobile and larger PaaS market, driven by the successful adoption of Oracle Cloud Platform offerings by thousands of customers,” said Amit Zavery, senior vice president, Oracle Cloud Platform. “By delivering a comprehensive offering with key differentiating capabilities, such as chatbot support, predictive analytics, and adaptive intelligence to make apps more contextual and smarter, Oracle has given customers a powerful option to meet their ever-evolving development needs.”

Gartner positions vendors within a particular quadrant based on their ability to execute and completeness of vision. According to Gartner, leaders must represent a strong combination of Ability to Execute and Completeness of Vision. In the MADP sector, this means that Leaders are not only good at cross-platform development, deployment and management across the full life cycle, but also have a good vision of the omnichannel and post-app requirements, support for multiple architectures and standards, a solid understanding of IT requirements, and scalable sales channels and partnerships. Leaders must provide platforms that are easy to purchase, program, deploy and upgrade, and which can connect to a range of systems of records and third-party cloud services.

Oracle was recognized as a market leader for more than doubling its customer count for Oracle Mobile Cloud Service. A cloud-based Mobile Application Development Platform (MADP), Oracle Mobile Cloud Service provides a no-code approach to app development. It has been deployed by many midsize and large enterprise customers who praised the product’s integration capabilities and cloud architecture. Oracle continues to expand its mobile cloud platform with chatbot support, expanded analytics, and high-productivity development tools.

Download Gartner’s 2017 “Magic Quadrant for Mobile Application Development Platforms” here.

Oracle Mobile Cloud Service is an open, standards-based platform built from the ground up for the cloud to help developers build better apps faster. Oracle Mobile Cloud Service was designed to help customers to engage with their customers and their employees across web, mobile, wearables, and the growing bot channel with conversational interfaces. Its persona-based approach provides the best tools for each persona involved in a mobile solution to provide a collaborative mobile-first and API-first solution.  It provides a rich set of mobile services that makes it very easy for mobile developers to add mobile context to their apps through services like push notifications, stateless offline sync, and location-based services that supports beacons and GPS. Additionally, Oracle Mobile Application Accelerator capabilities provide business-friendly tools with an easy drag and drop tool to build engaging mobile applications without writing any code. The depth and breadth of mobile analytics provide both developers and business owners with deep insights into mobile application performance, usage and adoption so they can personalize the engagement with their mobile users and increase adoption of their mobile applications. Oracle Mobile Cloud Service provides complete software development life cycle (SDLC) support for mobile app developers in the cloud as one integrated solution.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Additional Information

[1] Gartner, “2017 Magic Quadrant for Mobile Application Development Platforms,” Jason Wong | Van L. Baker | Adrian Leow | Marty Resnick, 12 June 2017

Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Sarah Fraser
Oracle
+1.650.743.0660
sarah.fraser@oracle.com
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 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

Nicole Maloney

  • +1.415.235.4033

Sarah Fraser

  • +1.650.743.0660

Q4 FY17 GAAP EPS UP 15% TO $0.76 and NON-GAAP EPS UP 10% TO $0.89

Wed, 2017-06-21 15:00
Press Release
Q4 FY17 GAAP EPS UP 15% TO $0.76 and NON-GAAP EPS UP 10% TO $0.89 Total Cloud Revenues Up 58% to $1.4 Billion, Total Revenue Up 3% to $10.9 Billion

Redwood Shores, Calif.—Jun 21, 2017

Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q4 results and fiscal 2017 full year results. Comparing Q4 2017 to Q4 last year, SaaS (Software as a Service) cloud revenues were up 67% to $964 million, and non-GAAP SaaS revenues were up 75% to $1.0 billion. Cloud PaaS (Platform as a Service) plus IaaS (Infrastructure as a Service) revenues were up 40% to $397 million, and non-GAAP PaaS plus IaaS revenues were up 42% to $403 million. Total cloud revenues were up 58% to $1.4 billion, and non-GAAP total cloud revenues were up 64% to $1.4 billion. Cloud plus on-premise software revenues were up 5% to $8.9 billion, and non-GAAP cloud and on-premise software revenues were up 6% to $8.9 billion. Total revenues were up 3% to $10.9 billion.

Operating Income was up 3% to $4.1 billion, and the operating margin was 37%. Non-GAAP Operating Income was up 5% to $5.0 billion, and the non-GAAP operating margin was 46%. Net Income was $3.2 billion, and non-GAAP Net Income was $3.8 billion. Earnings Per Share was $0.76, while non-GAAP Earnings Per Share was $0.89. Without the impact of the U.S. dollar strengthening compared to foreign currencies, Oracle’s reported GAAP Earnings Per Share would have been 2 cents higher, and non-GAAP Earnings Per Share would have been 1 cent higher.

Short-term deferred revenues were up 8% to $8.2 billion compared with a year ago. Operating cash flow on a trailing twelve-month basis was up 3% to $14.1 billion.

For fiscal 2017, Cloud SaaS revenues were up 61% to $3.2 billion compared to fiscal 2016. Non-GAAP SaaS revenues were up 68% to $3.4 billion. Cloud PaaS and IaaS revenues were up 60% to $1.4 billion for both GAAP and Non-GAAP. Total cloud revenues were up 60% to $4.6 billion. Non-GAAP cloud revenues were up 66% to $4.7 billion. Cloud and on-premise software revenues were up 4% to $30.2 billion. Non-GAAP cloud and on-premise software revenues were up 5% to $30.4 billion. Total Revenues were up 2% to $37.7 billion. Non-GAAP Total Revenues were up 2% to $37.9 billion.

Operating Income was $12.7 billion, and operating margin was 34%. Non-GAAP Operating Income was $16.2 billion and non-GAAP operating margin was 43%. Net Income was $9.3 billion while non-GAAP Net Income was $11.6 billion. Earnings Per Share was $2.21, while Non-GAAP Earnings Per Share was $2.74. Without the impact of the U.S. dollar strengthening compared to foreign currencies, Oracle’s reported GAAP Earnings Per Share would have been 4 cents higher and non-GAAP Earnings Per Share would have been 3 cents higher.

“Our fourth quarter results were very strong as revenue growth and earnings per share both substantially exceeded the high end of guidance,” said Oracle CEO, Safra Catz. “We continue to experience rapid adoption of the Oracle Cloud led by the 75% growth in our SaaS business in Q4. This cloud hyper-growth is expanding our operating margins, and we expect earnings per share growth to accelerate in fiscal 2018.”

“We sold $855 million of new annually recurring cloud revenue (ARR) in Q4, putting us over our $2 billion ARR bookings goal for fiscal year 2017,” said Oracle CEO, Mark Hurd. “We also delivered over $1 billion in quarterly SaaS revenue for the first time. Next year is going to be even better. We expect to sell a lot more than $2 billion in new cloud ARR in fiscal year 2018.”

“AT&T has agreed to migrate thousands of existing Oracle databases containing petabytes of data plus their associated applications workloads to the Oracle Cloud,” said Oracle Chairman and CTO, Larry Ellison. “In the coming year, I expect more of our big customers to migrate their Oracle databases and database applications to the Oracle Cloud. These large-scale migrations will dramatically increase the size of both our PaaS and IaaS cloud businesses.”

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 July 19, 2017, with a payment date of August 2, 2017.

Q4 Fiscal 2017 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 of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q4 results and fiscal 2017 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, Pass Code: 34656498.

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 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 our future sales and non-GAAP financial results, expectations of future customer migrations to the Oracle Cloud and growth in the size of our PaaS and IaaS cloud business, are "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 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 June 21, 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

Oracle Health Sciences Reimagines Clinical Development Technology with New Cloud-Based eClinical Environment of the Future

Mon, 2017-06-19 07:00
Press Release
Oracle Health Sciences Reimagines Clinical Development Technology with New Cloud-Based eClinical Environment of the Future Unifies clinical development operations and information to help life sciences companies bring therapies to market faster and more cost-effectively

DIA – Chicago, IL.—Jun 19, 2017

Oracle today introduced Oracle Health Sciences Clinical One Platform, a cloud-based eClinical environment that is intended to redefine the way technology supports clinical research, and its first capability in the new environment, Clinical One Randomization and Supplies Management.

Developing a potentially life-saving drug from a promising molecule to an FDA-approved therapy can take more than a decade and cost billions of dollars due to redundant processes, increasing volumes and variety of patient data, and older technology systems that don’t communicate with one another. Oracle Health Sciences is tackling these issues with its Clinical One Platform, a new cloud-based eClinical solution that will unify clinical development operations and information in a single environment with shared functions and an easy-to-use interface for sites, clinical coordinators and their counterparts.

Unlike other products in the market, which are point solutions that address only a single part of the drug development lifecycle or a single area within clinical research, Clinical One Platform is a holistic, unified cloud environment. It is being built from the ground-up to address the needs of the entire drug development lifecycle – everyone and every process required to get a drug to market. The vision for its Clinical One Platform is to bring more drugs to market faster and offer hope for more cures by eliminating redundancies, creating process efficiencies and sharing information—in a way that has never been done before.

“Pharmaceutical companies continue to look for new and innovative ways to bring therapies to market faster and more cost effectively. Technology providers who can offer a unified, cloud-based eClinical platform that enables companies to seamlessly share clinical trial data throughout all phases of the drug development lifecycle and across all functions, will be poised to take advantage of the expanding eClinical market,” said Alan S. Louie, Ph.D., Research Director, IDC.

In addition to unveiling its Clinical One Platform, Oracle also launched its first capability in the new environment, Clinical One Randomization and Supplies Management. Designed with self-service in mind and to eliminate the need for customization, this capability will feature an intuitive user interface, enabling clinical teams to design, validate and deploy a study in days with the click of a button. This enables clinical coordinators to quickly add patients to a trial, collect screening information and ensure eligibility for randomization in record time.

“The pharmaceutical industry has been stitching together systems to support the drug development lifecycle for decades, creating a Frankenstein effect. Our vision, and why we created the Clinical One Platform clinical environment, is to provide our life sciences customers with a modern, collaborative cloud environment that eliminates massive redundancies and help enable them to set up a trial in days instead of weeks, while allowing broader clinical teams to leverage what’s already been done,” said Steve Rosenberg, general manager, Oracle Health Sciences. “But ultimately, it’s about trying to accelerate the pace of finding more cures faster and more cost-effectively as millions of patients wait with hope.”

Additional Resources
  • Visit www.oracle.com/clinical-one
  • Visit use at the DIA Annual Meeting at Booth #1511
Contact Info
Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com
Christina McDonald
Burson-Marsteller
+1 212.614.4221
christina.mcdonald@bm.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 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

Valerie Beaudett

  • +1 650.400.7833

Christina McDonald

  • +1 212.614.4221

Hothead Games Fuels Business Growth with NetSuite OneWorld

Wed, 2017-06-14 07:55
Press Release
Hothead Games Fuels Business Growth with NetSuite OneWorld Rapid OneWorld Implementation Gives Canadian Mobile Game Developer Operational Efficiency and Scalability

San Mateo, Calif.—Jun 14, 2017

Oracle NetSuite Global Business Unit, 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 Canada-based Hothead Games, one of the top 100 mobile game developers in the world, implemented NetSuite OneWorld to manage its rapidly growing business. Hothead Games uses NetSuite OneWorld to manage mission-critical business processes including financial consolidation, accounting, purchasing, revenue recognition, multi-currency transactions and multi-country tax compliance. Since going live on NetSuite OneWorld in February 2016 after a rapid two-month implementation, Hothead Games has increased operational efficiency and gained the scalability needed to grow its business.

Based in Vancouver, British Columbia, Hothead Games is one of Canada's most successful digital entertainment companies, creating game titles that include Kill Shot, Rivals at War, and Big Win Hockey, which have attracted more than 250 million mobile downloads. In response to strong demand and new market opportunities, Hothead Games recently expanded its team by 50 percent, which made the company more complex to operate. To successfully manage this growth and reduce complexity, Hothead Games needed to replace its previous software system as it did not support enough simultaneous users to process month-end results in a timely manner and made it difficult for Hothead Games to understand its assets and liabilities in real-time, requiring a manual reporting process to reconcile different currencies. In addition, the previous accounting system was slow to generate forecasts and required manual processes to compare actuals against forecast.

“We were always looking for a way to bridge the gap between the analytics in US dollars and the financial results in Canadian dollars,” said Tim Holland, Hothead Games' Director of Finance.

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries, and transactions in more than 200 countries. NetSuite OneWorld delivers the following benefits to Hothead Games:

  • Rapid implementation. The company was up and running on NetSuite OneWorld within two months of purchase, speeding time to value.
  • Scalability for growth. NetSuite OneWorld’s single cloud solution allows Hothead Games to expand seamlessly as the business grows.
  • Real-time visibility. NetSuite OneWorld’s unified platform gives Hothead Games visibility across its operations with one unified financial system of record to provide visibility into standard costs with detailed breakdowns. NetSuite OneWorld also gives Hothead Games access to the insights it needs to refine strategy and spending in a highly competitive global market where tastes and technology can change overnight.
  • Data-driven decisions. With a unified platform, the company has real-time access to a single source of data across its entire enterprise to make more informed decisions.
  • Faster, more accurate reporting. NetSuite OneWorld's reporting capabilities have given Hothead Games real-time insight into payroll, marketing expenditures and spending at a location- and project-based level, enabling faster financial close. NetSuite OneWorld also makes it easier for Hothead Games to track and report financials for the Canadian Scientific Research and Experimental Development (SR&ED) Program, an incentive that helps offset certain wage expenses.
  • A broad range of robust international capabilities. NetSuite OneWorld provides a highly scalable system for growth with the ability to quickly and easily add global functionality as Hothead Games expands into new markets.

“Our business is always changing, so we are always refining forecasts, and NetSuite OneWorld ensures we are all on the same page when making key financial decisions,” Holland added.

Contact Info
Christine Allen
Public Relations, Oracle NetSuite Global Business Unit
603-743-4534
PR@netsuite.com
About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit 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 Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

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

Christine Allen

  • 603-743-4534

Oracle Continues Innovation and Expansion of Cloud Security Offerings

Mon, 2017-06-05 07:00
Press Release
Oracle Continues Innovation and Expansion of Cloud Security Offerings Machine learning, AI and context-aware technology bring depth and breadth to next-generation Identity Security Operation Center

Redwood Shores, Calif.—Jun 5, 2017

Building on the positive response to its Identity-based Security Operation Center (SOC) cloud services, Oracle today announced a series of developments that enhance the portfolio’s sophisticated machine learning, artificial intelligence and contextual awareness technologies. This includes introducing the new Adaptive Access capabilities into Oracle Identity Cloud Service intended for dynamic application access controls, advancing market-leading risk monitoring leveraging machine learning engines, and the expansion of Oracle CASB Cloud Service to help support Oracle SaaS solutions with automated threat detection.

“We are making a large investment in providing comprehensive security solutions that can help enterprises adapt, manage and strengthen their security posture against external and internal risks,” said Peter Barker, senior vice president, Identity and Security at Oracle. “Our expertise in data science and machine learning enable Oracle to bring unique, scalable and dependable security services to customers transitioning workloads to the Oracle Cloud or third party clouds.”

Continued Innovation in Dynamic Access Controls and Continuous Risk Monitoring

In response to the increased frequency and breadth of incidents targeting both privileged and end-user credentials, Oracle is launching the new Adaptive Access capabilities to its leading Oracle Identity Cloud Service, which aims to bring a more sophisticated approach to access control. Adaptive Access applies dynamic risk context to associate the appropriate access controls for a given level of risk. Intuitive policy administration and standardized integrations with Oracle Identity SOC components makes Oracle Identity Cloud Service uniquely flexible to dynamically manage access risk.

Furthermore, Oracle CASB Cloud Service now utilizes both powerful supervised and surgical unsupervised machine-learning techniques for advanced threat detection. Its built-in user behavior analytics (UBA) engine automatically establishes unique historical baselines for each user and cloud service (Microsoft Office 365, Box, etc.) and continuously compares activity against these baselines to better detect anomalous and risky behavior. Upon detecting any deviations, Oracle CASB Cloud Service orchestrates incident response through a variety of options including integration with third-party ticketing and incident management systems, as well as native automated remediation.

First and Only CASB to Support Oracle SaaS for Advanced Security Monitoring

Oracle CASB Cloud Service is now the industry’s first and only CASB solution to offer security monitoring and threat detection for Oracle’s SaaS applications including Oracle Human Capital Management (HCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Customer Experience (CX) Cloud Suite. With this solution, Oracle SaaS customers can now take advantage of Oracle’s machine learning technology to further strengthen their monitoring for risky user behavior and potential account or credential compromises, as well as enhance secure configuration provisioning of their SaaS environments.

In addition to Oracle SaaS applications, Oracle CASB Cloud Service has added the popular Slack platform to its expanding list of supported, sanctioned applications that also includes Salesforce.com, Microsoft Office365, Box, Google G-Suite, ServiceNow, AWS, GitHub, and Rackspace. The Slack integration leverages the new push-event model favored by modern cloud applications, which is now available from Oracle CASB Cloud Service worldwide. Oracle CASB Cloud Service also now supports Symantec/BlueCoat secure web gateway for cloud activity visibility that is incorporated into shadow IT discovery as well as input into Oracle’s machine learning-based activity risk model. Symantec/Bluecoat adds to an ever increasing list of collection targets that include Check Point, Palo Alto Networks, Fortinet and Sophos.

Oracle’s Identity SOC Portfolio

Oracle’s Identity SOC combines Oracle CASB Cloud Service, Oracle Identity Cloud Service, Oracle Security and Monitoring Analytics Cloud Service, and Oracle Configuration and Compliance Cloud Service into an integrated offering that delivers bi-directional controls, broad telemetry with identity context, actionable intelligence and automated remediation built around machine learning with advanced analytics. To learn more, visit www.oracle.com/security.

Oracle’s Security Cloud Services at Upcoming Events

Join Oracle at Infosecurity Europe 2017—Booth P60 and at Gartner Security & Risk Management Summit to learn more about Oracle’s Identity SOC and its integrated offerings.

Contact Info
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
Jesse Caputo
Oracle
+1.650.506.5967
jesse.caputo@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. 

Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Jesse Caputo

  • +1.650.506.5967

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