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Oracle Retail Enables Retailers to Deliver Compelling Assortments at the Pace of Fast Fashion with New Assortment and Item Planning Cloud Service

Wed, 2018-09-19 07:00
Press Release
Oracle Retail Enables Retailers to Deliver Compelling Assortments at the Pace of Fast Fashion with New Assortment and Item Planning Cloud Service Oracle Retail named as a Leader in Gartner’s Magic Quadrant Analysis of Retail Assortment Management Applications

Redwood Shores, Calif.—Sep 19, 2018

Oracle Retail has introduced a new Oracle Retail Assortment and Item Planning Cloud Service for fashion and soft line retailers. Delivering an effective assortment and item strategy that engages the customer in an omnichannel environment requires a single view of customer, inventory, order, demand, pricing and promotions that is easily accessed in a cloud environment. Oracle Retail Assortment and Item Planning cloud service provides a framework of best practices for retailers while arming business analysts with advanced analytics and data science that improve the accuracy of assortment and item planning.

Oracle has been named a leader in Gartner’s Magic Quadrant analysis of Retail Assortment Management Applications (RAMA), for the fourth consecutive year.

“Oracle continues its relative placement in the Leaders quadrant,” said Robert Hetu, Research Vice President, Gartner. “Oracle has been the leader in providing all RAMA capabilities for several years. Its leadership in the Magic Quadrant also includes the use of all 13 advanced analytics types within its RAMA application.”

“Oracle’s ongoing leadership in merchandising assortment solutions can be attributed to our extensive suite of modern technology, our focus on delivering innovation in the cloud and our growing community of retailers,” said Jeff Warren, Vice President, Oracle Retail. “The launch of Oracle Retail Assortment and Item Planning speaks to our continued commitment to innovation and leadership in retail, as demonstrated with our release of visual planning, and we appreciate that Gartner recognizes our leadership in their Retail Assortment Magic Quadrant.”

The new Oracle Retail Assortment and Item Planning Cloud Service provides retailers with a rich visual, end-to-end workflow to define and execute local market assortments. Retailers gain item level visibility across their brick and mortar footprint to improve traffic conversion in individual stores, while increasing gross margin and return on investment 

Benefits of Oracle Retail Assortment and Item Planning Cloud Service include:

  • Optimize Targeted Assortments:  Retailers can leverage embedded science and automation to drive an effective assortment strategy that considers historical data of assortment trends, attribute mix, style-color performance by location and special buys. 

  • Create One Complete Version of the Truth: Through a common business process, calculations and smart starting points in a cloud native platform planners can easily review and update sales, promotions, and markdown plans.

  • React to In-season Trends and Opportunities:  Retailers gain the agility to quickly and effectively react to season-to-date actuals and trends with exception management.  This drives an increase in profits while enabling a proactive in-season item management and exception-driven process.

  • Increase Plan Accuracy While Reducing Markdowns: The reconciliation of bottom-up and top-down item plans includes an integrated financial plan reconciliation to prevent overstocks and enable an increased return on investment.  By leveraging natural scenario planning and what-if capabilities, planners are able to easily create and toggle between multiple scenarios; maximizing overall profitability.

Recent Planning and Optimization Success Stories:
Contact Info
Matt Torres
Oracle
415.595.1584
matt.torres@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.

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.

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

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Healthcare Organizations Select Oracle Cloud Applications to Increase Agility and Improve Decision Making

Wed, 2018-09-19 07:00
Press Release
Healthcare Organizations Select Oracle Cloud Applications to Increase Agility and Improve Decision Making Delta Dental of California, Mount Sinai Health System, and University of Wisconsin Health migrate critical business operations to Oracle Cloud Applications

Redwood City, Calif—Sep 19, 2018

To adapt to rapidly changing industry demands while providing the best possible access to patient care, healthcare organizations are selecting Oracle Cloud Applications. Delta Dental of California and its enterprise affiliates, Mount Sinai Health System, and University of Wisconsin Health (UW Health) have selected Oracle Cloud Applications to enhance business visibility, increase agility, reduce costs, and future proof their organizations on Oracle’s dynamic business innovation platform.

It is more difficult than ever for healthcare organizations to deliver optimum patient care due to increasing competition, costs, and regulatory complexity. To address these challenges, healthcare companies are turning to the cloud to increase agility, reduce costs, and improve overall business efficiency. In fact, IDC research forecasts that healthcare providers will account for 48 percent of total spending on industry cloud in 2018—more than double the investment of any other sector.1

“At Delta Dental, we’re building a culture where employees feel inspired to do—and to be—their absolute best,” said Sarah Chavarria, chief human resources officer for Delta Dental of California and its enterprise affiliates. “As we create an employee experience that empowers our people to take action when and where they need, Oracle’s HCM cloud platform provides our human resources team with the necessary benefits, compensation and talent management data to be more responsive to our employees’ needs.”

“To continue improving our research, patient care and education offering, we needed to expand our business visibility and generate better insights from our technology,” said Donald Scanlon, executive vice president and chief financial officer, Mount Sinai Health System. “Working with the team at Oracle, we will be able to manage human resource, finance and supply chain data and processes on a single, integrated platform. This will significantly improve productivity, enable smarter decision-making and help us create better healthcare outcomes for the communities we serve.”

“Technology and regulations have accelerated the rate of change in the healthcare industry and our legacy business systems were struggling to keep up,” said Elizabeth Bolt, senior vice president and chief operating officer, UW Health. “To ensure we could continue to deliver the best quality services as we grow, we needed agile systems that can quickly turn data into insight. Going forward, we will manage all of our HR, supply chain, and financial data on a single integrated platform.”

Moving to Oracle Cloud Applications enables healthcare organizations to rapidly leverage new artificial intelligence, blockchain, and Internet of Things capabilities as they are added, and benefit from Oracle’s continuous innovation in enterprise applications.

“Healthcare organizations operate in a dynamic, highly-competitive environment with constantly changing regulations, best practices, and technologies,” said Steve Miranda, executive vice president, applications product development, Oracle. “We’re helping healthcare organizations thrive amidst increasing complexity by leveraging emerging technologies, which are part of the fabric of our applications. Oracle Cloud Applications allow our customers to quickly respond to changing market conditions and patient needs to deliver the highest quality care.”

A growing number of healthcare organizations are selecting Oracle Cloud Applications for Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), Supply Chain Management (SCM) and Human Capital Management (HCM).

  • Delta Dental of California: As the largest U.S. dental carrier, Delta Dental of California and its affiliates provide coverage and access to care to 36.8 million people in the United States, Puerto Rico and Mexico. Delta Dental selected Oracle HCM Cloud to help maximize employee engagement and improve workforce and business agility.

  • Mount Sinai Health System: The Mount Sinai Health System is an integrated health care system, which includes more than 7,000 primary and specialty care physicians and 12 minority-owned free-standing ambulatory surgery centers. Mount Sinai Health System selected Oracle ERP Cloud, Oracle SCM Cloud, and Oracle HCM Cloud to improve business visibility and reduce costs.

  • University of Wisconsin Health (UW Health): UW Health serves more than 600,000 patients annually, with 1,500 physicians and 17,000 staff at seven hospitals and 87 outpatient clinics. UW Health selected Oracle ERP Cloud, Oracle EPM Cloud, Oracle SCM Cloud, and Oracle HCM Cloud to optimize the delivery of healthcare services and improve patient outcomes.

For more information on how the capabilities in Oracle Cloud can benefit healthcare organizations, visit https://www.oracle.com/industries/healthcare/index.html or read this blog.

[1] IDC Research, “Worldwide Semiannual Industry Cloud Tracker,” June 2018, https://bit.ly/2LneOJJ

Contact Info
Bill Rundle
Oracle PR
650.506.1891
bill.rundle@oracle.com
About Oracle

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

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Oracle and Java are registered trademarks of Oracle and/or its affiliates.

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Bill Rundle

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Central State University Enrolls Oracle Cloud to Help More Students Get Degrees

Wed, 2018-09-19 07:00
Press Release
Central State University Enrolls Oracle Cloud to Help More Students Get Degrees Leading Ohio University first to deploy Oracle Student Management to reach, retain and foster the success of non-traditional learners

Redwood City, Calif—Sep 19, 2018

Central State University has selected Oracle Student Management to help increase degree attainment and open educational opportunity to all students. Part of the Oracle Student Cloud suite, the technology will empower Central State to better reach, enroll, and ensure the success of students in its upcoming Distance Learning Program. In addition, select Oracle University classes will be added to the program in Fall 2019 broadening the university’s curriculum with new 21st-century technology skills that will further prepare students for the modern workforce.

Central State has an esteemed history of extending learning opportunities to diverse communities. Founded in 1887, Central State is one of 19 1890 Land-Grant institutions in the United States. Today, as an internationally growing university, it aims to be a premier institution with excellence in teaching and learning that embraces diversity and produces graduates with the knowledge, skills, and dispositions to make valuable contributions in a global society.

Central State realized that a modern technology approach was needed to reach more students and provide them the opportunity to learn on the time, schedule, and pace that best meets their unique needs and lifestyle. Oracle Student Management will play a critical role in helping the University not only attract new students to its Distance Learning program, but also provide the proactive intelligence needed to improve retention and success rates across the entire University. Central State also plans to add additional Oracle Cloud technologies over time to further improve operational efficiency and deliver an engaging, personalized student experience.

“Increasing student enrollment, improving retention, and speeding time to a degree are core priorities for Central State,” said Dr. Cynthia Jackson- Hammond, President and Chief Executive Officer, Central State University. “We understand that every student is different and has pressures of work and life that often derail their path. With Oracle Student Management, we will be able to further reach and support those students through our upcoming Distance Learning Program, ensuring they achieve the degree they need to better their employment opportunities.”

Enhancing the traditional capabilities of student information systems (SIS), Oracle Student Management helps transform the student experience with capabilities for recruiting, engagement, support, and management. Leveraging emerging technologies and built in automation, the offering delivers the insights universities need to anticipate student needs and monitor progress more proactively, illuminate the right path to better academic outcomes, and empower student success. The Oracle Student Cloud suite is designed to support a variety of business models, from a straightforward “pay to enroll” to managing complex academic requirements, providing the right footprint for each university’s unique needs.

“Delivering both traditional and non-traditional academic programs effectively requires institutions to be more visionary and have the right solutions to execute that vision,” said Vivian Wong, Oracle’s group vice president of Higher Education Development. “Oracle is partnering with Central State on their Student Cloud journey, to ensure both the University and the students themselves have the advanced tools, touchpoints, and knowledge they need to advance degree achievement.”

To further enhance Central State’s Distance Learning Program, new Oracle University classes will be added to the online course curriculum. As part of the Oracle Workforce Development Program (WDP), initial courses will center around advancing skills in Oracle Database, SQL and Java and will be available for workforce, government, military, corporate, and other non-traditional students.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Oracle
+1.925.787.6744
kris.reeves@oracle.com
About Oracle

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

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

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Katie Barron

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Kristin Reeves

  • +1.925.787.6744

Oracle Retail Industry Forum 2018 Convenes European Retail Leaders to Share Insights and Strategies for Continued Growth and Innovation

Tue, 2018-09-18 10:00
Press Release
Oracle Retail Industry Forum 2018 Convenes European Retail Leaders to Share Insights and Strategies for Continued Growth and Innovation Over 110 European Retailers from 26 Countries Expected to Attend Conference in Budapest

Redwood Shores, Calif.—Sep 18, 2018

Oracle Retail will convene a European community of retail leadership at the Oracle Retail Industry Forum (ORIF) in Budapest Hungary with a program tailored for retailers by retailers and an opportunity for strategic networking to continue discussions on strategies and successes.

“Oracle Retail Industry Forum is about bringing together our retail community to foster continued growth and innovation. We are pleased to showcase local customer success stories. Within the forum, we highlight real software, delivering real value,” said Chris James, vice president of Europe, Oracle Retail.

At Oracle Retail Industry Forum, retail executives gather to share deep domain expertise and best practices on the mission-critical applications that are core to their businesses and their success. Program content is focused on customers providing perspectives on identifying and overcoming complex industry challenges.

Retail speakers include:

  • Delphine Brabant, Head of Buying/Product IT Department, ÏDKIDS Community

  • Bhavesh Chavda, Enterprise Architect, John Lewis

  • Andrew Parr, IT Director, Wyevale

  • Mathilde Paul, Chef de Projet Chez, Auchan

  • Piotr Pawlowski, Strategic IT Director, CCC, S.A

Retail continues to be mercurial as consumers react and adapt to technological developments, in order to help customers navigate shifting attitudes and customer behaviors Oracle will reveal the findings of a global consumer research report.

“For us, the Oracle Retail Industry Forum is a critically important event because the focus on the European community. We view Oracle as an important partner and our collaboration with Oracle is a key part of our strategy,” said Platinum Sponsor Gabor Tozser, Chief Executive Officer, Quickborn. “Oracle’s solutions have the capabilities that we believe are supporting critical retail capabilities without which retailers will not succeed today.”

Oracle will be joined by 11 strategic solution integrators as sponsors for ORIF in Budapest. These partners contribute to and help deliver success within our community. Our partner community includes platinum sponsor Quickborn; gold sponsors Accenture, Logic, Retail Consult and Veltio; and Adyen, Cognira, First Friday, HRS, OLR and SkillNet as silver sponsors. 

For more information about how Oracle is committed to empowering organizations through best-in-class, industry-specific business solutions, visit oracle.com/retail. To learn more about Oracle Retail Industry Forum 2018, go to www.oracle.com/goto/orif18. Registration is limited to retailers and our sponsor community.

Contact Info
Matt Torres
Oracle
4155951584
matt.torres@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.

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.

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

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Oracle Leads the Market with Growth by Revenue in iPaaS

Tue, 2018-09-18 07:00
Press Release
Oracle Leads the Market with Growth by Revenue in iPaaS Oracle iPaaS market share by revenue grew 270 percent between 2016 and 2017, according to Gartner report1

Redwood Shores, Calif.—Sep 18, 2018

Oracle today announced that it has achieved the highest market share by revenue in Gartner’s “Market Share Analysis: Integration Platform as a Service, Worldwide, 2017” report1. This report follows Oracle being named a Leader in Gartner’s 2018 “Magic Quadrant for Enterprise Integration Platform as a Service” report2 in April.

“We believe our market share demonstrates the value Oracle Cloud Platform delivers to thousands of enterprises every day,” said Amit Zavery, executive vice president of development, Oracle Cloud Platform. “Our comprehensive iPaaS offering has eliminated the barriers between various Oracle and third-party ERP, HCM, and CX applications to provide a seamlessly connected business spanning cloud and on-premises. This comprehensive and easy-to-use offering, combined with strong synergy with the rest of the Oracle Cloud portfolio, continues to help our customers successfully transform and evolve their businesses by leveraging modern integration technologies, including artificial-intelligence and machine learning-powered services.”

“GE leverages Oracle Integration Cloud to streamline commercial, fulfilment, operations and financial processes of our Digital unit across multiple systems and tools, while providing a seamless experience for our employees and customers,” said Kamil Litman, vice president of software engineering, GE Digital. “Our investment with Oracle has enabled us to significantly reduce time to market for new projects, and we are excited about Oracle’s autonomous cloud capabilities.”

Oracle’s iPaaS offerings include Oracle Integration Cloud, Oracle Data Integration Platform Cloud and Oracle SOA Cloud, all part of Oracle Cloud Platform. Oracle Integration Cloud is a simple and powerful integration platform targeting ad hoc integrators with tools such as process automation, while Oracle SOA Cloud delivers a high-control platform for specialist integrators. With more than 100 adapters, customers can quickly integrate and scale Oracle, third-party, and on-premises applications, APIs, people and devices. Additionally, Oracle has many other cross-PaaS offerings that can be combined with Oracle’s iPaaS services to deliver greater productivity.  Those services include Oracle Data Integration Platform Cloud, to support real-time data streaming, batch data processing, and enterprise data quality and governance; and Oracle API Platform Cloud, for API-first design and management. Oracle API Platform Cloud, leveraging Apiary’s unique API-first design tool used by over 300,000 developers and 400,000 APIs, is designed to eliminate the complexities associated with transforming on-premises API solutions into the cloud, so companies can thrive in the digital economy.

Oracle also previously announced autonomous capabilities across its entire Oracle Cloud Platform portfolio, including application and data integration. This includes self-defining integrations that help customers rapidly automate business processes across different SaaS and on-premises applications, as well as self-defining data flows with automated data lake and data prep pipeline creation for ingesting data (streaming and batch).

1. Gartner, “Market Share Analysis: Integration Platform as a Service, Worldwide, 2017,” by Bindi Bhullar, Massimo Pezzini, Keith Guttridge, Elizabeth Golluscio, Eric Thoo, August 7 2018

2. Gartner, “Magic Quadrant for Enterprise Integration Platform as a Service,” by Keith Guttridge, Massimo Pezzini, Eric Thoo, Bindi Bhullar, Betty J. Zakheim, April 18, 2018

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.

Contact Info
Nicole Maloney
Oracle
1.650.506.0806
nicole.maloney@oracle.com
About Oracle

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

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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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Nicole Maloney

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Q1 FY19 GAAP EPS UP 13% TO $0.57 and NON-GAAP EPS UP 18% TO $0.71

Mon, 2018-09-17 14:21
Press Release
Q1 FY19 GAAP EPS UP 13% TO $0.57 and NON-GAAP EPS UP 18% TO $0.71 Fusion Cloud ERP Customer Count Nearly 5,500, NetSuite Cloud ERP Customer Count Over 15,000

Redwood Shores, Calif.—Sep 17, 2018

Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q1 results. Total Revenues were $9.2 billion, up 1% in U.S. dollars and up 2% in constant currency, compared to Q1 last year. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 2% to $7.5 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud License and On-Premise License revenues were $867 million. Without the strengthening of the U.S. dollar compared to foreign currencies, Oracle’s reported GAAP and non-GAAP Total Revenues would have been $66 million higher, and Earnings Per Share would have been 1 cent higher.

GAAP Operating Income was up 1% to $2.8 billion and GAAP Operating Margin was 30%. Non-GAAP Operating Income was up 1% to $3.8 billion and non-GAAP Operating Margin was 41%. GAAP Net Income was up 6% to $2.3 billion and non-GAAP Net Income was up 10% to $2.8 billion. GAAP Earnings Per Share was up 13% to $0.57 while non-GAAP Earnings Per Share was up 18% to $0.71.

Short-term deferred revenues were up 2% to $10.3 billion compared to a year ago. Operating Cash Flow was up 5% to $15.5 billion during the trailing twelve months.

“We are off to an excellent start with Q1 non-GAAP earnings per share growing 19% in constant currency,” said Oracle CEO, Safra Catz. “That strong earnings per share growth rate increases my confidence that we will deliver on another fiscal year of double-digit non-GAAP earnings per share growth.”

“The vast majority of ERP applications running in the cloud are either Oracle Fusion or Oracle NetSuite systems,” said Oracle CEO, Mark Hurd. “In the first quarter, we increased our market share as customers continued to buy Oracle Fusion ERP to replace their existing SAP and Workday ERP systems. The Oracle Fusion ERP customer count is now nearly 5,500, while the NetSuite ERP customer count is over 15,000. Virtually every analyst ranks Oracle as the market leader in cloud ERP.”

“The Oracle Autonomous Database is now available on our second generation, highly-secure “Bare-Metal” cloud infrastructure,” said Oracle CTO, Larry Ellison. “Oracle’s Autonomous Database is faster, easier-to-use, more reliable, more secure and much lower cost than Amazon’s databases. And Oracle is the only database that can automatically patch itself while running to protect your data from data theft. These are just some of the reasons why Amazon uses the Oracle database to run its business.”

The Board of Directors increased the authorization for share repurchases by $12.0 billion. The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 16, 2018, with a payment date of October 30, 2018.

Q1 Fiscal 2019 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q1 results and fiscal 2019 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 6387377.

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 the growth of our non-GAAP EPS are all “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud strategy, including our Oracle Software as a Service, Platform as a Service, Infrastructure as a Service and Data as a Service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, integrate acquired products and services, or enhance and improve our existing products and support services in a timely manner, or price our products and services to meet market demand, customers may not purchase or subscribe to our software, hardware or cloud offerings or renew software support, hardware support or cloud subscriptions contracts. (3) Enterprise customers rely on our cloud, license and hardware offerings and related services to run their businesses and significant coding, manufacturing or configuration errors in our cloud, license and hardware offerings and related services could expose us to product liability, performance and warranty claims, as well as cause significant harm to our brand and reputation, which could impact our future sales. (4) If the security measures for our products and services are compromised and as a result, our customers’ data or our IT systems are accessed improperly, made unavailable, or improperly modified, our products and services may be perceived as vulnerable, our brand and reputation could be damaged and we may experience legal claims and reduced sales. (5) Our business practices with respect to data could give rise to operational interruption, liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to consumer privacy and data protection. (6) Economic, political 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) Our international sales and operations subject us to additional risks that can adversely affect our operating results. (8) We have a selective and active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or by contacting Oracle Corporation’s Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of September 17, 2018. Oracle undertakes no duty to update any statement in light of new information or future events. 

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Ken Bond

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Deborah Hellinger

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Perry Ellis International, Inc. Implements Oracle Retail Cloud to Personalize Global Customer Experience

Mon, 2018-09-10 10:46
Press Release
Perry Ellis International, Inc. Implements Oracle Retail Cloud to Personalize Global Customer Experience Expanded Relationship with Oracle Enables PEI to gain 360 Degree View of Over 1 Million Customers in Less Than 7 Weeks

Redwood Shores Calif—Sep 10, 2018

Global apparel fashion house Perry Ellis International, Inc. (PEI) has deployed Oracle Retail Customer Engagement Cloud Services to better personalize the shopping experience for customers across the United States and United Kingdom.  PEI’s brands Perry Ellis®, An Original Penguin by Munsingwear®, and Cubavera® manage a large international footprint with their own retail stores and e-commerce channels. These multiple points of engagement for consumers created complexity that made it difficult to understand consumer behavior. Oracle Retail Customer Engagement provides PEI with a comprehensive view of shopping behavior of over 1 million loyalty members and a platform to leverage that information to personalize customer brand interactions across all touch points.
 
“Our goal with our digital transformation is to focus on the experience we provide for our customers. Customer Engagement was an important step in this transformation. We were able to quickly integrate to our legacy systems. Now we can move forward with our next generation Point of Service with the confidence to deliver a superior in-store experience for our customers and associates,” said Luis Paez, chief information officer, PEI. “We recognize Oracle’s continued investment in retail-specific solutions while providing lower cost of ownership with the new cloud service. For us the value is the robust functionality, scalability and speed to market.”
 
“Having a holistic perspective of how consumers engage with your brand is critical to develop experiences necessary to compete and thrive in the retail community,” said Mike Webster, senior vice president and general manager, Oracle Retail. “With cloud technology, brands can begin innovating and refocusing their efforts to amplifying the customer experience at an unprecedented rate. This implementation represents the fastest go-live in the cloud to date for Oracle Retail Customer Engagement.”
 
PEI and Oracle Retail have a long-standing relationship having previously implemented Oracle Retail Merchandising System, Oracle Retail Price ManagementOracle Retail Sales AuditOracle Retail AllocationOracle Retail Store Inventory Management, Oracle Retail Point of Service and Oracle Retail Central Office. The interoperability compelled PEI to replace their existing customer relationship management system and upgrade to the latest Oracle Retail Cloud release to support their loyalty program that rewards and retains customers for their purchases while optimizing margins. PEI is currently migrating to the latest version of Oracle Retail Xstore Point-of-Service.
 
The implementation process was guided by IT leadership from PEI with a clear strategy that begins with executive sponsorship and concludes with rigorous testing of the solutions. This process was supported by BTM Global, a Gold-level member of Oracle Partner Network (OPN).  BTM Global has provided a full range of systems integration services including functional and technical design work, custom integration points, interface designs, development and testing, and scripting through training and user-focused testing for PEI for multiple Oracle solutions. PEI decided to implement Oracle Retail Customer Engagement Cloud Services after experiencing operational efficiencies from upgrading the enterprise suite of Oracle Retail Merchandise Operations Management in just six months with BTM Global.
 
"In complex projects with fast timelines, collaboration and trust between the retailer and integration partner are required," said Tom Schoen, Chief Executive Officer, BTM Global. "This unique project was successfully and efficiently launched because of our history with Perry Ellis International. We were honored to be chosen once again by them as their implementation partner." 
Contact Info
Matt Torres
Oracle
4155951584
matt.torres@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.

About Perry Ellis International
Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men's and women's apparel, accessories and fragrances. The company's collection of dress and casual shirts, golf sportswear, sweaters, dress pants, casual pants and shorts, jeans wear, active wear, dresses and men's and women's swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands, including: Perry Ellis®, An Original Penguin by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist®, Jantzen® and Farah®. The company enhances its roster of brands by licensing trademarks from third parties, including: Nike® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel and Guy Harvey® for performance fishing and resort wear.  Additional information on the company is available at http://www.pery.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.
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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.

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. 

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Matt Torres

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STF GROUP, Owner of Brands STUDIO F and ELA, Implements Oracle Cloud to Optimize Inventory Planning Across Omnichannel Footprint in Latin America

Thu, 2018-09-06 07:00
Press Release
STF GROUP, Owner of Brands STUDIO F and ELA, Implements Oracle Cloud to Optimize Inventory Planning Across Omnichannel Footprint in Latin America Trending Colombian Fashion Retailer Introduces Science to Inform Inventory Mix and Levels across 317 Physical Stores in Colombia, Mexico, Panama and Chile

Redwood Shores, Calif.—Sep 6, 2018

Colombian Fashion Retailer STF GROUP has deployed Oracle Retail Planning and Optimization Cloud Service to support the growth of channels and operations by introducing best of breed, advanced planning solutions with supporting retail science to optimize inventory and financial plans. STF GROUP curates a unique fashion shopping experience of high quality apparel, footwear, handbags, accessories through an online shop, boutiques and certified wholesalers that serve customers in Colombia, Costa Rica, Chile, Ecuador, Guatemala and Peru. After experiencing strong growth in recent years, STF GROUP looked to the cloud for a single source of performance, market and vendor data that will be critical to improving the accuracy and depth of inventory plans while maximizing margin potential and mitigating unnecessary markdowns.

With a footprint including 317 physical stores across Latin America, 4,500 direct employees and producing more than 6 million pieces per year STF GROUP understood the need to invest in cloud technology to support continued growth and provide better service for their customers.

“We knew we needed a modern solution that could scale and grow with our business to support our plans to close the year optimizing resources,” said Polo Marin, Operations Director, STF GROUP. “Oracle Retail Consulting helped us implement Oracle Retail Merchandise Financial Planning Cloud Service and Oracle Retail Assortment Planning Cloud Service.”

“According to Euromonitor International, the middle-class of Colombia is consolidating and changing its relationship with retail brands and expecting more personalized service and inventory,” said Carlos Victoria, Vice President of Latin America, Oracle Retail. “Oracle is poised to help retailers like STF GROUP empower their teams to take advantage of new digital opportunities by enabling omnichannel strategies and support alliances with international competitors.”

With Oracle Retail Planning and Optimization Cloud Service, STF GROUP can now take advantage of a proactive planning process that creates transparency of cost in the buying process and a consolidated view of key performance indications in one place. Merchandising planners can manage and organize their assortment plan in units with correct time to market and a structured process based on science that is key to evaluating what to replace first and keep on top of the latest fashion trends and consumer preferences.

“STF GROUP is a dynamic fashion retailer. Throughout the implementation process, we appreciated the importance of the user experience and a robust solution that met their needs to better serve a sophisticated consumer,” said Lou Frio, Vice President Consulting, Oracle Retail. “Our teams worked closely together to achieve a common goal, better customer service.”

 

STF Group implemented Oracle Retail Planning and Optimization Cloud Service in November 2017.

Contact Info
Matt Torres
Oracle
415-595-1584
matt.torres@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 www.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.

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

Oracle Academy Expands Offering with Personalized Learning Resources and AI Curriculum

Tue, 2018-09-04 08:00
Press Release
Oracle Academy Expands Offering with Personalized Learning Resources and AI Curriculum New Additions Help Students and Teachers Address Changing Technology and Educational Landscape

Redwood Shores, Calif.—Sep 4, 2018

Today, Oracle Academy announced new curriculum offerings and learning modules to advance computing education globally. The latest offerings put Oracle Academy at the forefront of public-private partnerships in education with a variety of enhanced, flexible formats that help educators teach computer science, bring emerging technologies like artificial intelligence (AI) and machine learning (ML) into the classroom, and inspire students with lessons from successful innovators and entrepreneurs.

“As technological innovation increasingly drives our global economy, computer science becomes a critical component of any well-rounded education,” said Alison Derbenwick Miller, vice president, Oracle Academy. “Oracle Academy’s new computing coursework and learning experiences will augment that education, open more opportunities and further inspire our emerging generation of innovators.”

Setting the Standard for the Next Generation in Computing Education

Building a bridge between instructor-centric learning and student-directed discovery, Oracle Academy today introduced Oracle Academy Education Bytes. Designed to support personalized learning, Education Bytes are short-format, flexible learning modules that offer instructional materials on database, programming and data science concepts and skills. Education Bytes can be used alone or to enhance Oracle Academy curriculum and provide self-directed learning experiences in programming, SQL, PL/SQL, big data, R, Hadoop and more. Education Bytes support varying learning modalities with different content in three formats: Hands-On Labs, Projects and Challenges, and Videos and Presentations.

Recognizing the importance of emerging technologies, Oracle Academy also launched new course curriculum in artificial intelligence and machine learning. Designed for advanced undergraduates studying computing, the course asks students to design, implement, and demonstrate a machine learning solution in Java that could help a business or organization tackle a real-world challenge. This project-based course expands upon concepts and skills gained in Oracle Academy Java Foundations and Java Programming classes.

Finally, in collaboration with the Oracle Global Startup Ecosystem, Oracle Academy introduced a video lecture series that includes classroom discussion questions for Oracle Academy institutional members and shares personal, real-world lessons from successful entrepreneurs on following their dreams, living fearlessly, and finding success.  Developed for anyone who is or wants to be an entrepreneur, the series features executives participating in the Oracle Global Startup Ecosystem, a program that reimagines enterprise innovation through partnerships with startups that foster co-development and co-innovation.

These new offerings follow a period of unprecedented growth and reach for Oracle Academy. During the past fiscal year, Oracle Academy worked with more than 15,000 institutions across 128 countries to advance computing education and impact 6.3 million students.

Contact Info
Julie Sugishita
Oracle Corporate Communications
1.650.506.0076
julie.sugishita@oracle.com
About Oracle Academy

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computing education globally to drive knowledge, innovation, skills development, and diversity in technology fields. To this end, Oracle Academy offers students and educational institutions a free and complete portfolio of software, curriculum, hosted technology, faculty trainings, support, and certification resources. The program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping make them college and career ready in the era of big data, cloud computing, the Internet of Things, and beyond.

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.

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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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Julie Sugishita

  • 1.650.506.0076

Podruzhka Brings Strategic Pricing Approach to Russian Drugstore Market

Tue, 2018-08-28 07:01
Press Release
Podruzhka Brings Strategic Pricing Approach to Russian Drugstore Market Specialty Retailer Creates Market Agility with Oracle Retail Solutions and Veltio Integration

Redwood Shores, Calif.—Aug 28, 2018

Specialty retailer Podruzhka has deployed Oracle Retail Planning and Optimization to engage and grow a loyal customer base with competitive pricing. With the help of Oracle Partner Network Platinum Partner Veltio, Podruzhka streamlined a pricing process that offered automation, best practices and flexibility to respond to the market demand with Oracle Retail solutions.  Podruzhka had previously implemented Oracle Retail Demand Forecasting and Veltio Allocation and Execution solutions which led the retailer to further their investment as they sought to improve the accuracy and agility of their pricing strategy.

Podruzhka is uniquely positioned within the Russian drugstore market with 210 stores catered to providing women with inexpensive personal care products, cosmetics, perfumes, jewelry, accessories and cleaning products. Each Podruzhka store carries up to 15,000 SKUs within a compact 140-180 square meter footprint in residential areas, establishing the drugstore as a local staple.

“In the Oracle Retail 4-Dimensions of Retail research, we discovered that 84% of global consumers say that competitive pricing and promotions first and foremost are the most important aspect of their shopping experience,” said Chris James, Vice President EMEA, Oracle Retail. “In Russia, market conditions can change quickly and with Oracle Retail Podruzhka has created ability to manage multiple price zones that appeal to the consumer in the moment of intent.”

“With our responsive pricing approach, we hope to increase customer loyalty through competitive pricing and selling opportunities while respecting the financial targets of the company,” said Alexander Golubev, IT Director, Podruzhka. “Oracle Retail provided us with an industry rich solution with flexibility and scale. Veltio delivered the implementation on-time and on-budget with a deep understanding our business needs.”

“This project was a great milestone for Veltio in the Russian market by highlighting the opportunity of Oracle Retail solutions in regional context. Local market conditions and the crash of the ruble forced Russian retailers to start thinking more about the efficiencies offered by advanced pricing, assortment and supply chain management,” said Kostya Prays, EMEA Business Development Director, Veltio. “We are happy to help retailers like Podruzhka leverage this technology to find a competitive advantage.”

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

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

About Oracle

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

Trademarks

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

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Matt Torres

  • 4155951584

Oracle Cloud Helps Detroit Save $1 Million

Tue, 2018-08-28 07:00
Press Release
Oracle Cloud Helps Detroit Save $1 Million Oracle Cloud revolutionizes operations of one of the country’s oldest water and sewer systems

Redwood Shores, Calif.—Aug 28, 2018

The City of Detroit Water and Sewerage Department, (DWSD), a Michigan municipal utility that provides water and sewer services to the residents of Detroit, today announced major decreases in operational costs along with improved availability and performance after transitioning its traditional on-premise data center to Oracle Cloud. In total, DWSD calculated a 15-17 percent decrease in operational costs since it began its collaboration with Oracle.

Oracle works with numerous state governments and local municipalities to deploy innovative solutions designed to provide government agencies more agility and options as they manage operations and deliver constituent services. These new savings for DWSD further highlight Oracle’s ongoing commitment to modernizing services that impact citizen services.

“Moving to Oracle’s Cloud puts us on a modern database platform for the first time,” said Dan Rainey, CIO, Detroit Water and Sewerage Department. “Oracle is a strategic partner for us and has transformed our platform to be highly available, resilient, and affordable.”

The citizens of Detroit expect improved service delivery and better response to questions about essential services—without the burden of increasing costs. The utility saw an opportunity to meet this need by fully integrating technology into daily work functions to modernize DWSD, enhancing customer service to internal and external users while reducing predictable IT costs. At the same time, DWSD’s Oracle Cloud deployment creates greater flexibility to meet changing requirements from the board and the city. Now, the 185-year-old utility relies on Oracle Database Exadata Cloud Service, Oracle Cloud Infrastructure, Oracle Cloud Platform and Oracle Cloud Applications as the foundation for its digital transformation.

As a result of Oracle Cloud and other tools implemented starting in May 2017, DWSD has reinvested capital dollars, otherwise spent on traditional IT hardware and software, on tools to improve customer service. Cloud technology has proven essential for DWSD in enhancing the level of performance of its systems, transforming the water utility into an organization that provides highly responsive customer service.

“Our work with the city of Detroit is an example of how we can quickly help our public sector customers realize greater efficiencies,” said Mark Johnson, senior vice president, Oracle Public Sector. “By reducing their cost structures with modern technology, DWSD can focus business strategies and priorities toward their number one priority—their customers.”

To support DWSD’s efforts to lower costs and enhance the customer experience, the utility is leveraging a number of additional technologies, including Oracle Database Backup Service, Oracle Integration Cloud, Oracle SOA Cloud, Oracle Storage Cloud and Oracle Business Intelligence Cloud Service.

Contact Info
Katie Barron
Oracle
202.904.1138
katie.barron@oracle.com
Dan Muñoz
Oracle
650.506.2904
dan.munoz@oracle.com
Bryan Peckinpaugh
DWSD
313.410.2954
peckinpaughb@detroitmi.gov
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.

About Detroit Water and Sewerage Department

The Detroit Water and Sewerage Department (DWSD) serves over 200,000 Detroit residential and commercial customers. DWSD’s water network consists of more than 2,700 miles of transmission and distribution mains and nearly 3,000 miles of sewer collection piping.

To learn more about the Detroit Water and Sewerage Department or to request water services, make payments, or report water problems, call DWSD Customer Care at 313.267.8000 or visit: www.detroitmi.gov/dwsd.

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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

  • 202.904.1138

Dan Muñoz

  • 650.506.2904

Bryan Peckinpaugh

  • 313.410.2954

Oracle Innovation Lab Drives Digital Transformation in Construction and Engineering

Thu, 2018-08-23 07:00
Press Release
Oracle Innovation Lab Drives Digital Transformation in Construction and Engineering New facility empowers development of solutions shaping the future of project delivery

Deerfield, Ill.—Aug 23, 2018

Oracle Construction and Engineering today unveiled its Innovation Lab, a unique facility designed to accelerate efforts to help project- and asset-intensive organizations explore the latest technologies and drive digital transformation.

A simulated project worksite with integrated technologies, the Construction and Engineering Innovation Lab enables visitors to interact with leading-edge solutions, including connected devices, autonomous vehicles, drones, augmented reality, visualization, and artificial intelligence tools. By presenting these hands-on experiences within a simulated connected worksite, the Innovation Lab is able to powerfully bring to life the performance improvements and data insights these technologies can deliver.

“Advances in technology are reshaping the industry landscape at an accelerating pace. Our Innovation Lab enables organizations to experience firsthand how new technologies can help drive better project outcomes in critical areas such as safety, productivity and quality,” said Mike Sicilia, senior vice president and general manager of Oracle Construction and Engineering. “We are excited to welcome our current and prospective customers, partners, the academic community and others to our Innovation Lab to help them experience the future of projects.”    

The vision for the Innovation Lab, which is located outside Chicago in Deerfield, Ill., was shaped in part by input from several Oracle Construction and Engineering customers as well as technology providers. The Innovation Lab experiences will feature technologies that integrate with Oracle solutions to enable collaboration and unlock critical project intelligence to enhance outcomes and drive continuous improvement.

Technology providers that will participate in the Innovation Lab at launch include:

  • Assemble Systems, an Autodesk company, provides a SaaS solution that enables construction professionals to condition, query and connect BIM data to key workflows across bid management, estimating, scheduling, site management and finance.

  • Bosch is empowering more productivity on the job site through their connected tools and asset solutions.

  • DAQRI empowers workforces by linking digital content to the real world to accelerate productivity, communication, and key business processes.

  • HERE, the Open Location Platform company, enables people, businesses and cities to harness the power of location. By making sense of the world through the lens of location, HERE empowers its customers to achieve better outcomes.

  • Jovix, a material readiness application developed by Atlas RFID for the construction market, keeps crews productive with accurate and real-time information about material availability relative to the construction plan and schedule.

  • Reconstruct provides a 3D timeline that tracks visual progress, labor productivity, and predictive analytics that empower executives and their project teams to take actions to stay on time and on budget.

  • Triax’s platform connects the construction jobsite and provides real-time visibility into workers, safety, equipment, and asset management.

  • In addition, the Innovation Lab will feature a demonstration of Oracle Live Experience Cloud, showcasing modern engagement for cross-worksite experiences.

“Oracle Construction and Engineering continues to drive digital transformation with initiatives such as our new Innovation Lab, empowering customers with the technology and insights they need to improve outcomes across the project and asset lifecycle. Oracle will continue to collaborate with our customers and partners to foster new advancements that help organizations navigate challenges and capitalize on new opportunities,” added Sicilia.

Contact Info
Judi Palmer
Oracle
+1.650.784.7901
judi.palmer@oracle.com
Brent Curry
H+K Strategies
+312.255.3086
brent.curry@hkstrategies.com
About Oracle Construction and Engineering

Asset owners and project leaders rely on Oracle Construction and Engineering solutions for the visibility and control, connected supply chain, and data security needed to drive performance and mitigate risk across their processes, projects, and organization. Our scalable cloud solutions enable digital transformation for teams that plan, build, and operate critical assets, improving efficiency, collaboration, and change control across the project lifecycle. www.oracle.com/construction-and-engineering.

About Oracle

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

  • +1.650.784.7901

Brent Curry

  • +312.255.3086

Oracle Expands Challenger Series with New Houston Event at Rice University

Wed, 2018-08-22 09:00
Press Release
Oracle Expands Challenger Series with New Houston Event at Rice University

Redwood Shores, Calif.—Aug 22, 2018

Continuing its support for American tennis, Oracle announced today it is adding a Houston event to the Oracle Challenger Series at the George R. Brown Tennis Center at Rice University on November 10-18, 2018 in conjunction with the Association of Tennis Professionals (ATP) and the Women’s Tennis Association (WTA).

The Oracle Challenger Series launched earlier this year with events in Newport Beach and Indian Wells, Ca., with the mission of providing new opportunities for up-and-coming American tennis players to secure both ranking points and prize money.

“Houston is a terrific addition to the Oracle Challenger Series, coming shortly after the event we announced in Chicago for September,” said Oracle CEO Mark Hurd. “Tennis players in the United States need more chances to compete at home and more chances to earn a living from the sport. Oracle is committed to creating more Challenger events to give the nation’s best players the opportunities to be successful. We’re also hosting the events at some of the best venues in the country where fans can get an up-close look at some outstanding tennis.”

The Houston tournament will be a joint ATP Challenger Tour/WTA 125K Series event and pay equal prize money ($150,000 per Tour) for a total of $300,000. Both the women’s and men’s draws will consist of 32 singles players, 16 qualifying players and 16 doubles teams. The event will be free and open to the public.

“We’re thrilled to welcome the Oracle Challenger Series to the George R. Brown Tennis Center in Houston this November,” said Efe Ustundag, Head Men’s Tennis Coach at Rice University. “Having a combined professional tournament at our venue is a terrific opportunity to continue growing the sport in our city, and we look forward to welcoming all of the players and fans for a fantastic event,” added Elizabeth Schmidt, Head Women’s Tennis Coach.

The 2018-2019 Series will begin in Chicago (September 2-9, 2018) and continue in Houston, culminating at the 2019 BNP Paribas Open, the largest ATP World Tour and WTA combined two-week event in the world held annually at the Indian Wells Tennis Garden. The two American women and two American men who accumulate the most points over the course of the Series will receive wild cards into their respective singles main draws in Indian Wells.

The Oracle Challenger Series also looks to make a positive impact on the communities where its events are held, and will be donating $5,000 to the local Houston chapter of the National Junior Tennis and Learning (NJTL) network. The NJTL provides free or low-cost tennis and education programming to more than 225,000 under-resourced youth in the United States.

The Oracle Challenger Series builds on Oracle’s commitment to support U.S. tennis at both the professional and collegiate level. Oracle sponsors the Oracle US Tennis Awards, two $100,000 grants awarded annually to assist young players as they transition from college into the professional ranks. In addition to sponsoring the Intercollegiate Tennis Association rankings, Oracle also hosts the Oracle ITA Masters tournament in Malibu, California and the Oracle ITA National Fall Championships which will be held at the Surprise Tennis Center in Surprise, Arizona in 2018.

For more information about the Oracle Challenger Series, visit oraclechallengerseries.com.

Contact Info
Deborah Hellinger
Oracle Corporate Communications
+1.212.508.7935
deborah.hellinger@oracle.com
About the Oracle Challenger Series

The Oracle Challenger Series, which was created to offer American tennis players unparalleled opportunities to secure both prize money and ranking points, builds on Oracle’s commitment to help support U.S. tennis for men and women at both the collegiate and professional level. The Series features equal prize money in a groundbreaking tournament format that combines the ATP Challenger Tour and WTA 125K Series. 

The Series offers an unmatched potential prize of wild cards into the main draw of the BNP Paribas Open, widely considered the top combined ATP World Tour and WTA professional tennis tournament in the world, for the top two American male and female finishers.

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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Deborah Hellinger

  • +1.212.508.7935

NetSuite Expands Alliance Partner Program to Support Growing Customer Demand

Wed, 2018-08-22 08:00
Press Release
NetSuite Expands Alliance Partner Program to Support Growing Customer Demand Kodella, Riveron and ITOrizon to Launch Cloud ERP Practices with NetSuite

San Mateo, Calif.—Aug 22, 2018

Oracle NetSuite today announced three new members have joined the NetSuite Alliance Partner Program to meet the growing demand for cloud business management solutions. As part of the NetSuite Alliance Partner Program, Kodella, Riveron and ITOrizon will launch new cloud ERP practices to help customers across industries improve operational efficiency and accelerate growth.

“Kodella, Riveron and ITOrizon bring a wealth of industry knowledge and a successful history of providing customers with the advice and solutions that best fit individual business needs,” said Craig West, Vice President of Alliances and Channels, Oracle NetSuite. “We’re excited to add them to our partner program and look forward to working closely together to provide customers with the expertise they need to successfully grow, scale and adapt to change.”

Kodella Builds Cloud ERP Practice for Southern California Manufacturers and Distributors

Kodella LLC (https://www.kodella.com), a Newport Beach-based NetSuite development firm, is launching a dedicated NetSuite practice to help manufacturers and warehouse distributors across Southern California scale, improve workflows and maximize return on investment. With more than 20 years of experience in the software industry, Kodella differentiates itself by providing a robust portfolio of resources and customizations that meet the specific business needs of its customers.

“Manufacturers and distributors are increasingly looking for solutions to streamline the management of financials, inventory and reporting in order to grow their businesses,” said Ryan Albretsen, Kodella’s Chief Customer Officer. “The opportunity to work closely with NetSuite to support our customers’ growth and success is one we’re very excited about. We’re pairing the best in cloud ERP with Kodella’s high-end, talented resources to help our customers drive maximum value.”

Riveron Launches Cloud ERP Practice for Private Equity Firms, Corporations and Lenders Across Various Industries

Riveron (https://riveronconsulting.com/), a business advisory firm, has launched a dedicated cloud-based ERP practice, helping their customers successfully leverage technologies in order to achieve diverse and evolving goals. Riveron provides its customers with a unique combination of consulting, public accounting and industry experience.

“Every industry has unique business needs and objectives they are trying to achieve. Delivering accurate data and supporting analysis is critical for high-performing organizations to remain competitive. We are committed to enabling technologies that provide the greatest return on investment,” said Ryan Senter, Executive Managing Director, Riveron. “By combining business process leading practices with Riveron’s extensive technical acumen around systems like NetSuite, our customers can streamline and scale their businesses like never before.”

ITOrizon to Deliver Cloud ERP to Fast Growing Companies Across the Globe

ITOrizon (www.itorizon.com), an Atlanta-based fast-growing IT services company, is building a cloud ERP practice to promote, implement, and customize NetSuite for its global customers in various industries, including retail, manufacturing and banking.

"Global companies face increasing operating complexities with foreign currencies, taxation, and reporting and compliance guidelines,” said Shan Muthuvelu, President of ITOrizon. “By joining NetSuite’s partner program, we are delivering a solution that helps our global customer base address these complexities. Our customers know they can rely on us to select the right technologies that will provide a competitive edge and accelerate their growth."

Contact Info
Danielle Tarp
Oracle NetSuite Corporate Communications
650-506-2905
danielle.tarp@oracle.com
About NetSuite Alliance Partner Program

The NetSuite Alliance Partner program provides business transformation consulting services as well as integration and implementation services that help customers get even more value from their NetSuite software. Alliance Partners are experts in their field and have a deep and unique understanding of NetSuite solutions. NetSuite provides Alliance Partners with a robust set of resources, certified training, and tools, enabling them to develop expertise around specific business functions, product areas, and industries so they can efficiently assist customers, differentiate their practices, and grow their business.

For more information, please visit http://www.netsuite.com/portal/partners/alliance-partner-program.shtml.

About Oracle NetSuite

For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 40,000 organizations and subsidiaries in 199 countries and territories.

For more information, please visit http://www.netsuite.com.

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

About Oracle

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

Trademarks

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

Talk to a Press Contact

Danielle Tarp

  • 650-506-2905

Oracle Study Reveals Global Retailer Anxiety towards Omnichannel Capabilities Ahead of Holiday Season

Wed, 2018-08-22 07:00
Press Release
Oracle Study Reveals Global Retailer Anxiety towards Omnichannel Capabilities Ahead of Holiday Season 2018 Mobile Retail Insights Report Reveals Consensus Around Mobile Strategies and Emerging Logistics and Personalization Concerns

Redwood Shores, Calif.—Aug 22, 2018

Global retailers of all sizes have significant concerns over their ability to keep pace with new technologies and shifts in consumer behavior according to a new report by Oracle Retail. The 2018 Retail Mobility Insights report revealed that 60% of respondents believe that their organization will likely face disruption from more innovative, nimble and customer-centric organizations. While retailers believe their company embraces digital and mobile technology, 60 percent of respondents recognize that they are not investing quickly enough to keep pace with the speed of technology change and consumer expectations. The trends identified in the report highlight that retailers have been slow to realize mobile’s potential and question their logistical capabilities in the countdown to the busiest sales cycle of the year.

“Despite a strong improving sales performance, retailers continue to feel overwhelmed by their infrastructure limitations, decision paralysis has further prevented them from realizing their omnichannel potential,” said Mike Webster, senior vice president and general manager, Oracle Retail. “Having a single view of customer, inventory and order is no longer optional for retailers to deliver their brand promise.  Organizations that complete this journey first will create stronger relationships with customers, create space for new innovation projects and make more strategic decisions that maximize their growth.”

Alignment on Mobile’s Role in Retail

In the study retailers seem to have reached a general consensus around the role of mobile technology and opportunity for capturing sales and removing friction from the purchase experience.

  • Conversion: Retailers affirm (47 agree) that their mobile strategy is to increase shopping basket size in store and online by catching customers at the point of intent.

  • Productivity: Mobile also is impacting associate productivity, 45 percent of respondents note that they are empowering employees with mobile capabilities so they can perform their jobs regardless of where they are.

  • Payments: New payment options like contactless checkout, self-checkout and mobile payments are either in use today or part of roadmaps for most retailers (54 percent).  Hardline retailers (less than 32 percent disagree) seem to be behind grocery and fashion brands (over 55 percent agree) in enabling these new payment options.

Personalization Challenges

Brands large and small have recognized the tension between consumers’ contradictory attitudes around privacy and their growing need for personalized engagement.

  • Discounts: New policies around data privacy have impacted retailers’ growth potential, 62 percent believe that they may be leaving money on the table by offering general discounts to shoppers instead of tailored offerings.

  • Forecasting: Despite this most retailers, 77 percent believe that customers expect them to anticipate their needs by analyzing their loyalty, purchase history and brand interaction data.

Scaling Omnichannel Logistics

Retailers have historically prioritized front-end aspects of the Omnichannel shopping experience and cobbled together backend infrastructure. Neglecting the merchandising, planning and supply chain aspects of Omnichannel retail prevents brands from being able to profitably execute, have clear visibility into their customers’ journey and inform new digital experiences like augmented and virtual reality. 

  • Consumer Journeys: Less than half (46 percent) of retailers believe they are well positioned to support an Omnichannel shopping experience with distribution centers to fulfill orders placed online or through mobile for delivery to any preferred destination.

  • Logistical Confidence: Increases with the size of retail organizations, 67 percent of respondents from organizations with more than $10B in sales and 52 percent of respondents from organizations with $1 to $10B in sales note this capability.

  • Growth: Conversely logistical doubt trends towards major growth milestones, only 38 percent of respondents from organizations with $250 to $500 million in sales and 30 percent of respondents from organizations with $750 million to $1 billion believe they are well positioned.

Retailers are invited to take the free assessment to see how their organization's mobile retail strategy ranks among global peers.

Methodology

The Mobile Retail Insights report was conducted in 2018 among 258 retail professionals from Fashion, Grocery, Hardlines and Specialty brands. Respondents represent an international perspective with responsibilities across North American (35 percent), LAD (6 percent), European (14 percent), JAPAC (2 percent) and Global (40 percent) retailers. Fifty-four percent of respondents are from companies with greater than $500M in sales and 67 percent hold a Director level and above title. Fifty percent of the respondents represent IT, while the other half represents business executives.

Contact Info
Matt Torres
Oracle
4155951584
matt.torres@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.

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

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Matt Torres

  • 4155951584

Federal Court Rules that Oracle Is Entitled to a Permanent Injunction Against Rimini Street and Awards Attorneys' Fees in Copyright Suit

Tue, 2018-08-14 15:09
Press Release
Federal Court Rules that Oracle Is Entitled to a Permanent Injunction Against Rimini Street and Awards Attorneys' Fees in Copyright Suit

Redwood Shores, Calif.—Aug 14, 2018

Today, for the second time, a Federal Court in Nevada granted Oracle's motion for a permanent injunction against Rimini Street for years of infringement of Oracle’s copyrights. In an opinion notable for its strong language condemning Rimini Street’s actions, the Court made clear that since its inception, Rimini’s business “was built entirely on its infringement of Oracle’s copyrighted software.” The Court also highlighted Rimini's “conscious disregard” for Oracle's copyrights and Rimini's “significant litigation misconduct” in granting Oracle's motion for its attorneys' fees to be paid.

“As the Court's Order today makes clear, Rimini Street's business has been built entirely on unlawful conduct, and Rimini's executives have repeatedly lied to cover up their company's illegal acts. Rimini, which admits that it is the subject of an ongoing federal criminal investigation, has proven itself to be disreputable, and it seems very clear that it will not stop its unlawful conduct until a Court orders it to stop. Oracle is grateful that today the Federal Court in Nevada did just that,” said Dorian Daley, Oracle's Executive Vice President and General Counsel.

The Court noted that it was Rimini's brazen misconduct that enabled it to "rapidly build" its infringing business, while at the same time irreparably damaging Oracle because Rimini's very business model “eroded the bonds and trust that Oracle has with its customers.” It also stressed that for over five years of litigation, “literally up until trial”, Rimini Street denied the allegations of infringement. At trial, however, Rimini CEO Seth Ravin, who was also a defendant, changed his story and admitted for the first time that Rimini Street did in fact engage in all the infringing activities that Oracle had identified.

Finally, the Court declared that over $28M in attorneys’ fees should be awarded to Oracle because of Rimini Street’s significant litigation misconduct in this action. Rimini comments to the market that this award would have to be returned to Rimini have proven to be false and misleading, like so many of its actions and assurances to customers and others.

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

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

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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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Deborah Hellinger

  • +1.212.508.7935

Start-up Uses Oracle Cloud to Launch AI-Powered Hub for Social Networks

Tue, 2018-08-14 10:00
Press Release
Start-up Uses Oracle Cloud to Launch AI-Powered Hub for Social Networks Virtual Artifacts’ new Hibe hub connects diverse mobile apps, enabling consumers to stick with their social platform of choice

Redwood Shores, Calif.—Aug 14, 2018

Oracle today announced Virtual Artifacts has launched its mobile application network, Hibe, with Oracle Cloud. The company has developed Hibe as a new social network for mobile applications that lets consumers communicate with each other from their social platform of choice. To prepare for rapid growth, Virtual Artifacts invested in Oracle Cloud, including Oracle Autonomous Database, Oracle Cloud Platform, and Oracle Cloud Infrastructure.

Hibe helps different mobile applications to seamlessly communicate with each other without fear of data or privacy spillage. Built on an AI-driven proprietary privacy engine, users are able to easily connect, interact, and transact together, each from their own favorite communication tools. The new network removes the inconvenience of having to switch between applications by keeping communications synched and in one place.

"With 4.7 billion users on 6 million mobile apps, our ability to grow our database exponentially and globally was critical,” said Stéphane Lamoureux, COO, Virtual Artifacts. “We wanted a cloud provider that shares our values on privacy, is agile, and can work closely with us to build specific solutions. Oracle was the only vendor that could meet all of our requirements. With Oracle Autonomous Database, we no longer need to worry about manual, time-intensive tasks, such as database patching, upgrading, and tuning.”

With Oracle Autonomous Database, the industry’s first self-driving, self-securing, and self-repairing database, Virtual Artifacts can avoid the complexities of database configuration, tuning, and administration and instead focus on innovation. Oracle Autonomous Data Warehouse Cloud provides an easy-to-set-up and use data store for Hibe data, enabling Virtual Artifacts to better understand customer behavior.

The Hibe platform uses a number of Oracle Cloud Platform and Infrastructure services to support its current operations and anticipated growth. Using Oracle Mobile Cloud’s AI-driven intelligent bot on Hibe, Virtual Artifacts will be able to answer developers’ questions and make it easy for app providers to access the platform. The integration of Oracle’s mobile applications and chatbot technology on Hibe will also enable customers to directly engage with consumers, making it possible to quickly understand key audiences and improve the mobile experience.

Additionally, Virtual Artifacts will work with Oracle to develop the Hibe Marketplace, including an advertising engine to match items with interested consumers connected to Hibe through their respective mobile applications. The Hibe platform will also host and distribute content. By using Oracle’s blockchain platform, Virtual Artifacts and other content contributors on the platform will be able to track usage, distribution, and copyright attribution to help ensure it is being used and credited properly.

“The launch of the Hibe platform showcases the capabilities of Oracle’s Autonomous Cloud,” said Christopher Chelliah, group vice president and chief architect, Oracle Asia Pacific. “We essentially become the back end globally, leaving Virtual Artifacts to concentrate on the Hibe platform. This means that as a native cloud startup, we are supporting Virtual Artifacts from zero-to-production, and beyond. The combination of the strength of Oracle Cloud and Virtual Artifacts’ innovative privacy engine has the potential to revolutionize the app-to-app ecosystem.”

Contact Info
Dan Muñoz
Oracle
650.506.2904
dan.munoz@oracle.com
Jesse Caputo
Oracle
650.506.5967
jesse.caputo@oracle.com
About Virtual Artifacts

Based in Montreal, Canada, Virtual Artifacts is committed to deliver privacy-centric technologies that bridges the gap between online and real-life interactions and fundamentally transform how individuals, brands, and organizations meet, connect, communicate and transact online. These proprietary technologies both protect individual privacy and  disrupt many online industries, including ecommerce, advertising, shipping, mobile and the manner in which  brands manage key relationships with customers. Over the last 10 years, the company has developed decision-making AI engines and a centralized blockchain-like data structure to host, contextualize, distribute and ensure confidentiality of online activities powered by the company’s technologies. For more information about Virtual Artifacts, please visit us at www.virtualartifacts.com and www.hibe.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.

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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.

Talk to a Press Contact

Dan Muñoz

  • 650.506.2904

Jesse Caputo

  • 650.506.5967

Oracle Recognized as a Leader in the 2018 Gartner Magic Quadrant for Web Content Management

Tue, 2018-08-14 07:00
Press Release
Oracle Recognized as a Leader in the 2018 Gartner Magic Quadrant for Web Content Management For the second consecutive year, Oracle positioned as a Leader based on completeness of vision and ability to execute

Redwood Shores, Calif.—Aug 14, 2018

Oracle today announced that it has been named a Leader in Gartner’s 2018 “Magic Quadrant for Web Content Management” report1 for the second consecutive year. The recognition is further validation of Oracle’s continued leadership in this category and unique approach to helping enterprises streamline content management and build immersive digital experiences for users.

“As the world increasingly adopts internet and mobile-first strategies, the ability to create a cohesive, seamless experience across an enterprise’s properties is critical,” said Amit Zavery, executive vice president, Oracle Cloud Platform. “Customers recognize the importance of their content and the benefits of Oracle Content and Experience Cloud, including its expansive features and ability to easily manage content and deliver exceptional user experiences across all platforms.”

According to Gartner, “Leaders should drive market transformation. They have the highest combined scores for Ability to Execute and Completeness of Vision. They are doing well and are prepared for the future with a clear vision and a thorough appreciation of the broader context of digital business. They have strong channel partners, a presence in multiple regions, consistent financial performance, broad platform support and good customer support. In addition, they dominate in one or more technologies or vertical markets. Leaders are aware of the ecosystem in which their offerings need to fit. Leaders can:

  • Demonstrate enterprise deployments
  • Offer integration with other business applications and content repositories
  • Support multiple vertical and horizontal contexts”

Oracle Content and Experience Cloud is the modern platform for driving omni-channel content and workflow management as well as rich experiences to optimize customer journeys, and partner and employee engagement. It is the only solution of its kind available with out-of-the-box integrations with Oracle on-premises and SaaS solutions. With Oracle Content and Experience Cloud, organizations can enable content collaboration, deliver consistent experiences across online properties, and manage media-centric content storage all within one central content hub. In addition, Oracle’s capabilities extend beyond the typical role of content management, providing low-code development tools for building digital experiences that leverage a service catalog of data connections.

Access a complimentary copy of Gartner’s 2018 “Magic Quadrant for Web Content Management” here.

1. Gartner, “Magic Quadrant for Web Content Management,” by Mick MacComascaigh, Jim Murphy, July 30, 2018

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.

Contact Info
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
Jesse Caputo
Oracle
+1.650.506.5697
jesse.caputo@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.

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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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Nicole Maloney

  • +1.650.506.0806

Jesse Caputo

  • +1.650.506.5697

Oracle Helps Organizations Manage International Trade More Efficiently

Tue, 2018-08-14 06:30
Press Release
Oracle Helps Organizations Manage International Trade More Efficiently New releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud help customers reduce costs, streamline trade regulatory compliance, and accelerate customer fulfillment

Redwood Shores, Calif.—Aug 14, 2018

To help customers succeed in an increasingly complex global economy, Oracle today introduced new releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud. The new releases enable customers who seek to reduce costs, streamline compliance with global trade regulations, and accelerate customer fulfillment, to manage these significant needs on a single, integrated platform.

The latest releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud provide real-time, data-driven insights into shipment routes and automated event handling. They also offer expanded regulatory support for fast, accurate screening and customs declarations. For example, Nahdi Medical Company has been able to improve truck utilization by five to ten percent since implementing the latest release of Oracle Transportation Management.

“We now have greater visibility into shipment demands and delivery status, which means we have the flexibility to quickly re-do plans as new requirements arise,” said Sayed Al-Sayed, supply chain applications manager, Nahdi Medical Company. “The accuracy of Oracle Transportation Management Cloud’s recommended plans and route optimizations has enabled us to increase truck utilization rates, which has allowed us to cut time on shipments, while also saving money.”

Enhancements to Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud include:

  • Enhanced routing: Enables customers to make better decisions when routing shipments by accounting for factors such as historic traffic patterns, hazardous materials, and tolls when planning shipments

  • Expanded regulatory support: Enables customers to better meet their global trade needs in today’s dynamically changing, regulatory environment by supporting expanded regulatory content, allowing more accurate screening, and providing enhancements for summary customs declarations

  • Advanced planning: Enables customers to better map out and improve transportation planning in end-to-end, outbound order fulfillment by providing enhancements to sample integrated flows with Oracle Order Management Cloud and Oracle Inventory Management Cloud

  • Driver-oriented features: Enables customers to improve the handling of assignments for shift-based drivers by providing enhanced support for planning and execution of private and dedicated fleets, including driver-oriented workflow in the OTM Mobile App

  • IoT Fleet Monitoring integration: Enables customers to have real-time visibility into a shipment’s location through automatic event handling

  • UX and collaboration: Enables customers to have a simpler and more configurable user interface, including integration with Oracle Content and Experience Cloud, which streamlines collaboration with peers

  • Graphical diagnostics tool: Enables customers to easily research and resolve questions in real time that may arise from the shipment planning processes by providing them with a visual diagnostic tool, which highlights areas that warrant further investigation

“The global trade and logistics landscape is dramatically changing and organizations need to be able to accommodate a complex web of regulations and customer expectations for each shipment in order to be competitive,” said Derek Gittoes, vice president, SCM Product Strategy, Oracle. “The combination of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud gives our customers an innovative platform to reduce complexity and effectively improve the efficiency of their global trade compliance and transport operations.”

The enhancements further extend Oracle’s leadership position in the transportation management category. Oracle Transportation Management Cloud provides a single platform for transportation orchestration across the entire supply chain. Oracle Global Trade Management Cloud offers unparalleled visibility and control over orders and shipments to reduce costs, automate processes, streamline compliance, and improve service delivery.

Contact Info
Vanessa Johnson
Oracle
+1650.607.1692
vanessa.n.johnson@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

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Vanessa Johnson

  • +1650.607.1692

Tracking Down the Big Bang: CERN and Oracle Extend Research and Development Partnership

Mon, 2018-08-13 12:31
Press Release
Tracking Down the Big Bang: CERN and Oracle Extend Research and Development Partnership CERN uses Oracle cloud technologies to support its research infrastructure, used to investigate the fundamental structure of our universe and phenomena such as dark matter and dark energy

Geneva—Aug 13, 2018

The European Organization for Nuclear Research (CERN) is extending its partnership with Oracle for another three years. This partnership is through a research-and-development program set up by the laboratory, called CERN openlab; it provides a unique research framework in which scientists and leading IT companies can work together. One of the aims of the partnership with Oracle is to develop a high-performance cloud infrastructure capable of storing and analyzing vast quantities of controls data, such as that generated by the gigantic research infrastructures used at the laboratory to probe the origin of the universe. Oracle can also make use of insights gained from the program to provide its customers with extremely powerful and future-proof cloud technologies.

CERN openlab has provided a unique setting for cooperation between science and industry since 2001. In this program, CERN cooperates with leading IT companies on the joint development of high-performance technologies for basic research in physics. Oracle has been a partner in the program since 2003 and started another three-year project cycle in 2018. As one of the largest members, the cloud provider is involved in four current CERN openlab projects. In addition, every year 40 students from all over the world get an opportunity to work on current projects during a nine-week summer school program.

“CERN openlab is a win-win project for everyone involved,” said Eric Grancher, Leader of CERN’s Database Services Group. “It gives our collaborators a way to get valuable feedback by testing their solutions in one of the most complex and demanding technology environments. And we at CERN can assess the potential that new technologies have for future applications during the early phases of their development. In addition, CERN openlab provides a neutral scientific environment where businesses can engage in dialogue.”

“We are pleased to extend our partnership with Oracle for another three years,” said Eva Dafonte Perez, Deputy Leader of CERN’s Database Services Group. “In addition to our 15-year partnership through CERN openlab, we have been working with Oracle since 1982. We will continue to need high-performance and, above all, quickly scalable solutions in the future in order to store and analyze the growing amount of data recorded by our instrumentation. Oracle offers flexibility because its solutions are available both on-premises and in the cloud.”

Based in Geneva, Switzerland, CERN is dedicated to basic research in physics. CERN uses its Large Hadron Collider (LHC), the world’s largest particle accelerator, to investigate fundamental structure of the universe. In the LHC, subatomic particles are accelerated and caused to collide, simulating the conditions just a fraction of a second after the Big Bang. The LHC experiments currently produce approximately 50 petabytes of data annually, a volume corresponding to roughly 2,000 years of HD video content.

However, our current understanding of physics only explains the visible matter that makes up about 5% of the Universe’s total energy. The LHC is therefore to be made even more powerful, generating even more particle collisions and boosting efforts to investigate phenomena such as dark matter and dark energy. CERN also needs to have correspondingly powerful IT infrastructure in place; the laboratory’s cooperation with Oracle plays a key role in ensuring this.

“CERN’s research goals are extremely exciting, with technologies developed at the laboratory having had significant impact on our every-day lives. For example, technologies developed at CERN have already helped improve the treatment of certain types of cancer. So we are very pleased to renew our partnership in CERN openlab and hope to work together to develop even more powerful technologies that will advance both science and industry,” said David Ebert, Director-Government, Education, Healthcare Industry Solutions EMEA, Oracle.

Contact Info
Harald Gessner
Head of Corporate Communications Europe North, Oracle
+49 89 1430 1215
harald.gessner@oracle.com
Claudia Wittwer/Volker Schmidt
Burson Marsteller
+49 89 17 959 1884
Oracle-Germany@bm.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Harald Gessner

  • +49 89 1430 1215

Claudia Wittwer/Volker Schmidt

  • +49 89 17 959 1884

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