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Moat Wins Adweek “Reader’s Choice” Award for Best Brand Safety/Verification Solution

11 hours 7 min ago
Blog
Moat Wins Adweek “Reader’s Choice” Award for Best Brand Safety/Verification Solution

By Kurt Kratchman, GVP, Product Development, Oracle Data Cloud—Oct 21, 2019

 

If you want to find the best product or service, you should ask the people who know that product or service best for their recommendations.

Want a reliable dishwasher? Check out the online reviews from appliance installers and repairmen. In the market for a new car?  Explore the consumer satisfaction surveys from thousands of current owners. Searching for the perfect pizza in Pittsburgh? Pick up a copy of the “Best of Pittsburgh” poll in the local City Paper.

The same holds true in digital advertising, which is why we are so honored and delighted to announce that Moat by Oracle Data Cloud is the winner of the 2019 Adweek “Readers’ Choice: Best of Tech” Award for Brand Safety/Verification.

The awards are based on an Adweek reader survey in which more than 50,000 votes were cast by executives from leading brands and agencies for their favorite technology providers and solutions. These experts know our industry the best, as they evaluate and make mission-critical decisions on a daily basis about which technologies, products, and solutions they should use to support their brands.

Equally important, these executives measure success by the real-world impact of their marketing investments. Therefore, they dedicate significant time and resources to finding technology partners who can help keep their brands safe, ensure their ads are viewable, and protect their campaigns from invalid traffic and fraud, which are the cornerstone of our Moat products.

Reinforcing Moat’s industry leadership, MediaPost editor-in-chief Joe Mandese noted in a column last week that Moat “has become the closest thing to a de facto currency for digital audience attention.”

Moat offers a range of products to help customers ensure their advertising dollars are well-spent, including our industry-leading Moat Analytics and Pre-Bid by Moat, which help identify brand-safe, fraud-safe, and viewable inventory before an ad is placed. Part of that solution is Oracle’s Contextual Intelligence, which provides real-time content review and classification across the majority of the addressable footprint of the open web. That functionality gives advertisers greater control over the safety and suitability of content near their ads.

Moat customers, along with their marketing peers, added their strong voice to the vote results. “To be effective, advertising needs to be viewable by real people in brand-safe environments, which is why rigorous standards for ad measurement, verified by third party independent providers is so important,” said Yale Cohen, EVP Digital Investment Ad Standards, Publicis Media. “As a long-term Moat customer, we congratulate the Oracle Data Cloud team on this award.”

“As a Publisher, it is critical we provide our clients with the confidence that their ad dollars are being spent wisely on our platforms,” added Nicole Lesko, SVP Ad Product & Revenue for Meredith Corporation. “As a customer of Moat, we have come to rely on their best-in-class measurement to ensure our inventory is bot-free, viewable and safe across channels.”

Beyond Moat’s win, Oracle Data Cloud’s recognition in the Adweek survey extended across its full product suite, with additional top-three finishes against scores of companies in the categories of Data Supplier (Oracle Data Cloud) and Measurement and Analytics: Digital and Mobile Display Advertising (Moat). In fact, Oracle Data Cloud secured a top-three finish in every one of its product categories from Audience to Measurement and Context.

As a data-driven company, we are delighted that Adweek’s analysis of votes by agency and brand executives supports what hundreds of their peers already know: If you want to protect your brand with the best viewability, fraud, and brand safety solutions, there’s only one Moat.

For more information about Moat by Oracle Data Cloud and the full range of solutions offered, including brand safety, viewability and IVT measurement, please visit Moat.com.

All Nippon Airways Builds a Bridge between Japan and the Rest of the World

Thu, 2019-10-17 09:00
Blog
All Nippon Airways Builds a Bridge between Japan and the Rest of the World

By Guest Author—Oct 17, 2019

All Nippon Airways (ANA) is the largest airline in Japan and one of the world’s leading carriers, carrying over 47 million passengers annually. Japan is already this decade’s fastest-growing major destination for tourism and by 2030, the country expects the number of international visitors to double to 60 million per year.

With many people expected to visit Tokyo for the Olympic and Paralympic Games next year, ANA wishes to bridge Japan and the rest of the world, providing a pleasant air-travel experience for all. “For ANA, this presents an opportunity to showcase our world-class services on a global stage,” says Manabu Yada, Manager, Corporate Office Procurement, Material & Services at ANA.

But the airline industry is crowded, and even at its size, ANA still needs to find ways to stand out. “The challenge we faced was finding a way to ensure our customers could trust they’re getting the best service in the market, while we remain profitable. To adopt to changes in a global business environment and make important business decisions fast, we needed to develop a system to visualize all procurement processes, comply with complex regulations, and optimize all procurement costs,” Yada said.

ANA implemented Oracle ERP Cloud to streamline how it approves invoices and manages its suppliers through automation and social collaboration. “Oracle ERP Cloud covers procurement processes and reduces required transactions. It also provides the tools to improve efficiency and productivity of our procurement team. In addition, it shows us the history of all transactions so we can reduce costs and risks of all processes and increase profitability, while staying compliant with all related regulations,” said Yada.

The airline also intends to use Oracle ERP Cloud for its 88 branches in the future and aims to cut procurement costs for indirect materials by 5%.

Watch the All Nippon Airways video to learn how it is delivering the perfect customer experience


Read MoreStories from Oracle Cloud

All Nippon Airways is one of the thousands of customers on its journey to the cloud. Read about others in Stories from Oracle Cloud: Business Successes.

Oracle Named a Leader in Digital Commerce for Ten Consecutive Evaluations

Thu, 2019-10-17 07:00
Press Release
Oracle Named a Leader in Digital Commerce for Ten Consecutive Evaluations Oracle evaluated for its completeness of vision and ability to execute in Gartner Magic Quadrant

Redwood Shores, Calif.—Oct 17, 2019

Oracle has been recognized as a Leader in the Gartner Magic Quadrant for Digital Commerce for the 10th consecutive time.* The report focuses on transformational technologies and approaches in the digital commerce market that are delivering on the future needs of sellers and their customers. The report evaluates vendors based on completeness of vision and ability to execute. A complimentary copy of the report is available here.

“Our number one priority is to create agility for customers as the time to implement, adjust and innovate is paramount. That is why we designed Oracle CX Commerce to be highly customizable using cloud-based extensibility approaches and technologies,” said Ian Davis, vice president of product management, Oracle CX Commerce. “Our customers have complete flexibility whether they want a highly-curated Site Design or are looking to implement a Headless application based on our API-first solution. We do all of this in a backward-compatible way that allows Oracle to deliver more features consistently so customers can easily adopt without adding risk.”

Oracle CX Commerce (or Commerce Cloud as noted in the report) helps online businesses lower their total cost of ownership (TCO) with out-of-the-box essentials and intuitive business tools that support B2C and B2B multisite management, localization, price and promotions, merchandising, search, personalization, and rich asset management. With an API-first modern architecture, businesses can extend captivating buying experiences across any digital display—from mobile and web to voice, AR/VR, and IoT—to increase customer satisfaction with a library of predefined omnichannel journeys, including marketing, sales, returns, service and preorder.

“We consistently see our customers gaining positive momentum, and we attribute this progress to a concerted effort to minimize silos and put the customer at the center of their retail operations,” said Jeff Warren, vice president of strategy and solution management for Oracle Retail. “With commerce being the first touchpoint in most omnichannel journeys, it’s critical to help ensure the data associated with commerce interactions is seamlessly and effortlessly integrated into all aspects of the retail enterprise—from merchandise plan to stores, and supply chain fulfillment. We believe Oracle’s continued placement as a Leader in this Magic Quadrant is a testament to the value we are delivering to our customers on this front.”

Gartner, Magic Quadrant for Digital Commerce, Penny Gillespie, Christina Klock, Mike Lowndes, Sandy Shen, Jason Daigler, Yanna Dharmasthira, August 22, 2019.
*Oracle was previously listed as ATG because Oracle announced its acquisition of the company in November 2010.

Contact Info
Kimberly Guillon
Oracle
209.601.9152
kim.guillon@oracle.com
Gartner Disclaimer

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. 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.

About Oracle CX

Oracle CX Commerce is part of Oracle Customer Experience (CX), which empowers organizations to take a smarter approach to customer experience management and business transformation initiatives. By providing a trusted business platform that connects data, experiences, and outcomes, Oracle CX Suite helps customers reduce IT complexity, deliver innovative customer experiences and achieve predictable and tangible business results.

About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility, and refine the customer experience. Oracle Retail offers an unmatched suite of applications that empower retailers to pivot their operations to customer, adopt next-practice retail, and invest with intent. For more information, visit www.oracle.com/industries/retail/.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Kimberly Guillon

  • 209.601.9152

New Study: 64% of People Trust a Robot More Than Their Manager

Tue, 2019-10-15 08:00
Press Release
New Study: 64% of People Trust a Robot More Than Their Manager Global research highlights how AI is changing the relationship between people and technology at work

Redwood Shores, Calif.—Oct 15, 2019

People have more trust in robots than their managers, according to the second annual AI at Work study conducted by Oracle and Future Workplace, a research firm preparing leaders for disruptions in recruiting, development and employee engagement. The study of 8,370 employees, managers and HR leaders across 10 countries, found that AI has changed the relationship between people and technology at work and is reshaping the role HR teams and managers need to play in attracting, retaining and developing talent.

AI is Changing the Relationship Between People and Technology at Work

Contrary to common fears around how AI will impact jobs, employees, managers and HR leaders across the globe are reporting increased adoption of AI at work and many are welcoming AI with love and optimism.

  • AI is becoming more prominent with 50 percent of workers currently using some form of AI at work compared to only 32 percent last year. Workers in China (77 percent) and India (78 percent) have adopted AI over 2X more than those in France (32 percent) and Japan (29 percent).
  • The majority (65 percent) of workers are optimistic, excited and grateful about having robot co-workers and nearly a quarter report having a loving and gratifying relationship with AI at work.
  • Workers in India (60 percent) and China (56 percent) are the most excited about AI, followed by the UAE (44 percent), Singapore (41 percent), Brazil (32 percent), Australia/New Zealand (26 percent), Japan (25 percent), U.S. (22 percent), UK (20 percent) and France (8 percent).
  • Men have a more positive view of AI at work than women with 32 percent of men optimistic vs. 23 percent of women.
  Workers Trust Robots More Than Their Managers

The increasing adoption of AI at work is having a significant impact on the way employees interact with their managers. As a result, the traditional role of HR teams and the manager is shifting.

  • 64 percent of people would trust a robot more than their manager and half have turned to a robot instead of their manager for advice.
  • Workers in India (89 percent) and China (88 percent) are more trusting of robots over their managers, followed by Singapore (83 percent), Brazil (78%), Japan (76 percent), UAE (74 percent), Australia/New Zealand (58 percent), U.S. (57 percent), UK (54 percent) and France (56 percent).
  • More men (56 percent) than women (44 percent) have turned to AI over their managers.
  • 82% of people think robots can do things better than their managers.
  • When asked what robots can do better than their managers, survey respondents said robots are better at providing unbiased information (26 percent), maintaining work schedules (34 percent), problem solving (29 percent) and managing a budget (26 percent).
  • When asked what managers can do better than robots, workers said the top three tasks were understanding their feelings (45 percent), coaching them (33 percent) and creating a work culture (29 percent).
  AI is Here to Stay: Organizations Need to Simplify and Secure AI to Stay Competitive

The impact of AI at work is only just beginning and in order to take advantage of the latest advancements in AI, organizations need to focus on simplifying and securing AI at work or risk being left behind.

  • 76 percent of workers (and 81 percent of HR leaders) find it challenging to keep up with the pace of technological changes in the workplace.
  • Workers want a simplified experience with AI at work, asking for a better user interface (34 percent), best practice training (30 percent) and an experience that is personalized to their behavior (30 percent).
  • Security (31 percent) and privacy (30 percent) are the main concerns preventing workers from using AI at work.
  • Digital natives Gen Z (43 percent) and Millennials (45 percent) are more concerned about privacy and security at work than Gen X (29 percent) and Baby Boomers (23 percent).
  Supporting quotes

“The latest advancements in machine learning and artificial intelligence are rapidly reaching mainstream, resulting in a massive shift in the way people across the world interact with technology and their teams. As this study shows, the relationship between humans and machines is being redefined at work, and there is no one-size-fits-all approach to successfully managing this change. Instead, organizations need to partner with their HR organization to personalize the approach to implementing AI at work in order to meet the changing expectations of their teams around the world,” said Emily He, SVP, Human Capital Management Cloud Business Group, Oracle

“Over the past two years we’ve found that workers have become more optimistic as they’ve adopted AI in the workplace and HR is leading the way. The 2019 study shows that AI is redefining not only the relationship between worker and manager, but also the role of a manager in an AI-driven workplace. Based on the findings, managers will remain relevant in the future if they focus on being human and using their soft skills, while leaving the technical skills and routine tasks to robots,” said Dan Schawbel, Research Director at Future Workplace.

"Our 2019 results reveal that forward looking companies are already capitalizing on the power of AI," said Jeanne Meister Founding Partner, Future Workplace. “As workers and managers leverage the power of artificial intelligence in the workplace, they are moving from fear to enthusiasm as they see the possibility of being freed of many of their routine tasks and having more time to solve critical business problems for the enterprise.”

Learn more about this global study here.

Methodology

Research findings are based on a global survey conducted by Savanta between July 2 to August 9, 2019. In total, 8,370 completed the survey. The study was administered online and fielded in 10 different countries (and in six languages). Permanent full-time employees between the ages 18-74 years old were eligible to participate. The survey targeted HR Leaders, Managers and Employees. Respondents are recruited through a number of different mechanisms, via different sources to join the panels and participate in market research surveys. All panelists have passed a double opt-in process and complete on average 300 profiling data points prior to taking part in surveys. Respondents are invited to take part via email and are provided with a small monetary incentive for doing so.

Contact Info
Celina Bertallee
Oracle
559-283-2425
celina.bertallee@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Future Workplace

Future Workplace is an executive development firm dedicated to rethinking and re-imagining the workplace. Future Workplace works with heads of talent management, human resources, corporate learning, and diversity to prepare for the changes impacting recruitment, employee development, and engagement. Future Workplace is host to the 2020 Workplace Network, an Executive Council that includes 50 plus heads of Corporate Learning, Talent, and Human Resources who come together to discuss debate and share “next” practices impacting the workplace and workforce of the future. For more information, please visit: http://www.futureworkplace.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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Celina Bertallee

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Oracle Equips Case Workers and Citizens to Address Complex Societal Problems

Tue, 2019-10-15 07:00
Press Release
Oracle Equips Case Workers and Citizens to Address Complex Societal Problems Comprehensive case management platform brings real-time data to bear on decisions by health and human services personnel.

Redwood Shores, Calif.—Oct 15, 2019

Taking a new people-centric approach to providing support and care, Oracle offers new services to citizens in need. New digital case management capabilities, now available in Oracle Customer Experience (CX) for Public Sector, provide a modern platform to help citizens, case workers, and third party social service providers deal with complex societal issues and achieve positive outcomes.

By offering real time access to vital data, Oracle’s solution will enable state and local organizations to take a more people-centric approach to providing support and care—an approach that has not previously been possible due to the limitations of older technologies. Care providers will be able to effectively launch new services to their citizens, and to easily manage complex interactions for cases that span many years and complex, changing family circumstances.

“Today’s digitally-empowered citizens demand easy access to health and human services agencies for critical support and care. And case workers expect accessible tools that can manage complex cases that often evolve over extended periods,” said Rob Tarkoff, executive vice president of Oracle CX product development. “Until now, there has been a serious gap in the comprehensiveness and sophistication of solutions to serve many of the needs of this market. With Oracle, case workers can now have real-time snapshots of client cases along with intelligent recommendations for next steps - even in the most complex situations. This enables workers to take immediate and potentially life-saving actions.”

The Oracle solution transforms traditional ways social service agencies have managed cases and served customers through the integration of modern digital technologies and channels. The platform integrates technologies spanning cloud, digital outreach, omni-channel service, case management, mobile, social, Internet of Things, and Artificial Intelligence while ensuring maximum security and information privacy.

The digital enablement of complex case management not only serves state and local health and human service organizations, but also other government agencies in areas as diverse as immigration, taxation, benefits, and city and state citizen engagement.

Oracle CX solutions for health and human services combine decades of experience with a broad cloud service portfolio that enables current IT infrastructures with a proven path to digital transformation. It offers comprehensive digital engagement solutions for several aspects of citizen engagement including real-time personalized advice, self-service portals with embedded knowledge management, and a digital application process for benefit programs which is accessible through mobile, web, social channels, chatbots, call centers, and local offices.

For more information, go to https://www.oracle.com/applications/customer-experience/industries/public-sector/

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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Katie Barron

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Kristin Reeves

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Top Universities Make the Grade with Oracle Cloud

Tue, 2019-10-15 07:00
Press Release
Top Universities Make the Grade with Oracle Cloud DePaul University and Ithaca College look to Oracle to cut costs and streamline operations

EDUCAUSE, Chicago—Oct 15, 2019

Higher education institutions are rapidly digitizing to meet industry demands for new models of teaching, learning and research. Those institutions seeking to build capacity for long-term innovation are increasingly moving to the cloud to compete in this evolving environment, as institutions across the U.S. continue to look to Oracle Cloud to increase business efficiency and improve student outcomes.

Oracle brings unparalleled advantages and opportunities to the Higher Education market, including the ability to reduce operational and student costs and help ensure fiscal sustainability.

Universities recently adopting Oracle Cloud include:

  • Ithaca College, a private liberal arts college founded over 125 years ago, will consolidate all of its applications with Oracle to operate on a single cloud platform. It is currently implementing Oracle’s E-Business Suite and HCM Cloud solutions, and is expanding to automate and migrate its financial and planning functions to the cloud. With the addition of Oracle ERP Cloud and EPM Cloud, Ithaca College expects to see an increase in staff and business efficiency, along with enhanced analysis, monitoring and management reporting throughout the planning and budgeting process.

    “Oracle’s successful track record helping higher education institutions transition to the cloud inspired us to expand our partnership with them,” said David Weil, associate vice president and chief information officer, Ithaca College. “We’re confident that Oracle Cloud will enable us to streamline our operations to even better serve our students.”

  • DePaul University, the largest Catholic university in the country, will implement Oracle ERP Cloud and HCM Cloud and integrate them with its existing Oracle PeopleSoft Campus Solutions application. The interest to move to a modern system was based on the university’s desire to adopt best practices for business processes, and new capabilities such as AI and embedded intelligence to drive better efficiency and sustainability.

    “We are proud to be the first institution using Oracle’s PeopleSoft solution to migrate to cloud in the Chicagoland area,” said Bob McCormick, vice president for Information Services of DePaul University, “At DePaul, we are looking forward to modernizing our business and demonstrating leadership in the higher education industry.”

“From financial pressures, to rising student expectations, the higher education industry is rapidly evolving. Oracle is committed to helping these institutions adapt and thrive through the change,” said Keith Rajecki, vice president of Oracle Public Sector, Education and Research. “We are proud to be partnering with Ithaca College and DePaul University to provide them with the industry’s most complete, scalable cloud to transform their operations and provide the agility they need to enhance financial planning functions.”

Oracle’s EPM Suite provides data on demand, enabling institutions to use their time more effectively and provide real business value. The solution elevates business outcomes through embedded intelligence and advanced analytics, while also helping to lower costs and gain continuous innovation.

Oracle ERP Cloud provides accelerated business outcomes real-time data for predictive insights to improve your decision-making and performance management that will help you improve business performance and drive operational excellence across the institution.

Oracle’s HCM Cloud provides a very powerful single, global human resources solution to help processes and local compliance needs while also engaging workforces throughout the entire talent lifecycle.

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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

Talk to a Press Contact

Katie Barron

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Kristin Reeves

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Michigan State University Amplifies Student Success through the Cloud

Tue, 2019-10-15 07:00
Press Release
Michigan State University Amplifies Student Success through the Cloud Leading research university invests in Oracle Cloud

EDUCAUSE, Chicago—Oct 15, 2019

Michigan State University, a leading higher education and research institution, has engaged Oracle to replace its mainframe student information system infrastructure. This modernization project will help the university address challenges around fiscal sustainability, transforming the student experience and building capacity for long-term institutional innovation. To reach these goals, the university charted an incremental path to the cloud and will be implementing several Oracle Cloud solutions, including Oracle Student Financial Planning (SFP). Michigan State University also selected Exadata Cloud at Customer to operate PeopleSoft Campus Solutions in one hybrid cloud environment.

“Our partnership with Michigan State confirms our investment, commitment and success in the higher education market,” said Keith Rajecki, vice president of Oracle Public Sector, Education and Research, “We offer a complete and market-leading set of applications and technology and we are continuing to invest in research and development efforts.”

For the past 160 years, Michigan State has pushed the boundaries of discovery and forged partnerships to solve the most pressing global challenges while providing life-changing opportunities to a diverse and inclusive academic community. The university joins an increasing number of higher education institutions moving to the cloud following a practical path that maps to its goals of improving student outcomes and institutional standing, achieving operational efficiency, and optimizing decision making through enhanced insights, all while also reducing compliance costs.

“With higher education facing increasing student expectations, changing fiscal realities, and the need to future-proof their institutions, the adoption of cloud technologies and applications is proving to be a key component of overall institutional success,” said Vivian Wong, group vice president of Higher Education Development at Oracle. “Oracle’s unified stack of solutions, including infrastructure through to business and purpose-built higher education applications, offer institutions, like Michigan State, the ability to choose an incremental path to cloud—delivering immediate value while also considering their unique contextual requirements,” she concluded.

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.

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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

  • +1.202.904.1138

Kristin Reeves

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MESTEC Revolutionizes Manufacturing Performance with Oracle Autonomous Database

Thu, 2019-10-10 09:00
Blog
MESTEC Revolutionizes Manufacturing Performance with Oracle Autonomous Database

By Peter Schutt, Senior Director, Oracle—Oct 10, 2019

Manufacturing is a 24/7 industry where high availability is critical. MESTEC provides intelligent SaaS solutions to optimize the lifecycle from planning to execution for some of the world’s most prestigious manufacturers of submarines, missiles, micro-semiconductors, orthopedic hips, and pastry pies. Moving MESTEC’s legacy on-premises infrastructure to the Oracle Autonomous Database Cloud that has zero downtime allows the company to more strategically focus resources on innovating tools to improve manufacturing quality, cost, and delivery performance.

Using Oracle Autonomous Transaction Processing in combination with Microsoft Azure Interconnect has helped MESTEC cut its labor and infrastructure costs in half compared to an equivalent on-premises environment, and it is seeing workloads run up to 600% faster with half as many CPUs. Autonomous Transaction Processing patches, maintains, and tunes itself, providing a more secure environment that frees up resources to spend more valuable time on customer services and training. MESTEC also has greater flexibility to autoscale capacity up and down in seconds depending on demand, and can very easily and quickly onboard new customers and assume less risk with automatic disaster recovery.

MESTEC clients are seeing wide-ranging benefits from embracing autonomous technologies throughout manufacturing factories. There’s a 60% increase in labor productivity, a 50% reduction in customer complaints, and cost savings through a 20% reduction in working inventory. With MESTEC and Oracle, the factory of the future is available now.

Watch the MESTEC video

Watch this video to learn how MESTEC is innovating manufacturing with Oracle Autonomous Database.

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Read More Oracle Cloud Customer Stories

MESTEC is one of the thousands of customers on its journey to the cloud. Read about others in Stories from Oracle Cloud: Business Successes

GreenGo Gives Oracle Cloud the Green Light

Thu, 2019-10-10 09:00
Blog
GreenGo Gives Oracle Cloud the Green Light

By Guest Author, Oracle—Oct 10, 2019

When GreenGo launched in 2016, the Hungarian startup sought to offer an alternative mode of transport. The first electric car-sharing service in its area, GreenGo offers services to those who regularly travel around Hungary’s bustling capital, Budapest, but are not keen on maintaining a car or paying for parking in the city. Cars can be booked through the mobile application before pickup, and once the user has stopped using the car, the fee for usage is automatically withdrawn from the user’s bank account.

In the years since GreenGo first took to the streets, the company’s growth has been unstinting. The initial fleet of 45 cars rapidly expanded to more than 300 vehicles. This high-speed expansion of the service caused GreenGo to outgrow its existing on-premises solution.

A more scalable, flexible solution was needed, especially considering GreenGo’s ambitious business plans. GreenGo opted for Oracle Cloud Infrastructure to help drive it into the future.

The system has been running in the cloud for over six months, and since then, it has been working steadily. The problems caused by the increased load have disappeared. There are no slowdowns in the application during peak periods, so the mobile application used by customers is served by a stable operating system.

“Car sharing and the ‘appification’ of mobility transform the everyday and corporate use of cars. Oracle’s cloud-based services also play an exciting role in the life of a company handling complex and large data sets, like GreenGo,” said Bálint Michaletzky, GreenGo CEO.

Looking at the road ahead, GreenGo and Oracle are also working to move the front-end layer of the system into the cloud, a transition that GreenGo would like to go live with soon.

Read More Oracle Cloud Customer Stories

GreenGo is one of the thousands of customers on its journey to cloud. Read about others in Stories from Oracle Cloud: Business Successes.

Oracle Opens Retail Innovation and Technology Center in Portugal

Thu, 2019-10-10 07:00
Press Release
Oracle Opens Retail Innovation and Technology Center in Portugal Delivers innovations in data science and AI to help retailers gain a competitive edge

PORTO, PORTUGAL—Oct 10, 2019

Competition to build retail mindshare and customer loyalty has never been more fierce. Brands must continually evolve their products and deliver a personalized approach to win the hearts and minds of customers. Delivering the technology that helps them do exactly that, Portugal Country Leader Bruno Morais, and Mike Webster, senior vice president and general manager Oracle Retail, today unveiled a new Innovation and Technology Center in Porto. The center will focus initially on delivering breakthrough retail innovations leveraging the latest technologies, including artificial intelligence and machine learning.

“Oracle Portugal is delighted to see Oracle’s Global Retail business unit’s commitment to and investment in people and technologies in Porto. Similarly, we are delighted to contribute to the development of Porto through the creation of this global technology and innovation hub,” said Morais. “As it is true for all Oracle offices, we will actively foster community support and get involved in local causes to enrich the area wherever we can.”

Porto is a vibrant city that delivers a balance of history and innovation. A report by CBRE states that Porto ranks in the top ten fast pace and growing technological clusters in the “EMEA Tech Cities: Opportunities in Technology Hotspots.” The technology team, including many developers, will be dedicated to creating bespoke integrations and enhancements to the Oracle Retail portfolio and re-usable assets that deliver increased value to customers.

In the past year, Oracle has logged roughly 13,000 person-days of development, focused on continuous innovation with Micro-Apps that integrate with the base code of the Oracle Retail portfolio.

“Porto is home to a strong pool of tech talent coveted by major tech employers in Europe to Portugal. So it made sense to expand our existing, globally renowned team of Oracle Retail solution delivery experts in Porto by creating a complementary center for innovation in the area,” noted Webster. “We believe that innovation listens more than it speaks. Our consulting team works hand in hand with our retail customers to understand their unique challenges and needs and translate those into technology extensions that align with our broader roadmap. The Innovation and Technology Center will be critical in delivering these customer-driven enhancements to our global retail community.”

As an example, a fast-fashion retailer had wondered how a key season was performing and trading, both locally and globally. To address this need, Oracle Retail Consulting developed a simple but effective solution, called Lifecycle Inventory Planning (LIP), that extends and integrates to forecasting and planning solutions. LIP overcomes typical item/store/day parameter management by using a revolutionary method to set system parameters coupled with machine learning. The data science model was able to help the retailer obtain an end-of-life inventory projection based on the forecast, inventory availability, and the replenishment rule setup–improving worldwide planning. This is just one of the many innovations generated by the Porto development team to-date.

The Oracle Innovation and Technology Center is located in the Centro Empresarial Lionesa Business Resort, near the beautiful River Leça and the Leça do Balio Monastery, which is convenient for the airport, main highways, and trains. Oracle will continue to draw talent from nearby Universities specializing in Business and Information Technology from the surrounding areas.

Contact Info
Fabián Gradolph
Oracle Corporate Communications
+34 916267454
fabian.gradolph@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 offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Fabián Gradolph

  • +34 916267454

NetSuite Announces New Industry Cloud Solutions to Help Mexican Organizations Grow

Tue, 2019-10-08 10:35
Press Release
NetSuite Announces New Industry Cloud Solutions to Help Mexican Organizations Grow New Industry Cloud Solutions Help Organizations in Mexico Unlock Their Potential

SuiteConnect, MEXICO CITY, Mexico—Oct 8, 2019

Oracle NetSuite today announced a series of new innovations to help organizations in Mexico unlock growth and take their business to the next level. The latest innovations within the NetSuite platform include new SuiteSuccess industry cloud solutions and financial management capabilities that are designed to help organizations in Mexico drive growth, reduce costs and quickly and easily achieve the benefits of cloud computing.

“There is no such thing as a ‘one-size-fits-all’ approach to a growing business as there are as many ways to execute as there are businesses in the world,” said Gustavo Moussalli, LAD senior director, Oracle NetSuite. “Even though there is no one journey, we have learned from working with more than 18,000 organizations across the world that there are patterns and we have built those insights into SuiteSuccess. The new SuiteSuccess solutions provide a blueprint for growth that organizations operating in Mexico can take advantage of to unlock their potential.” 

SuiteSuccess is a pre-configured industry cloud solution that helps organizations achieve the benefits of the cloud in as little as 45 days. With the new SuiteSuccess solutions and add ons, organizations in Mexico can take advantage of industry-leading practices, that combine deep domain knowledge with pre-built workflows, KPIs and dashboards, to achieve the visibility, control and agility needed to grow their business and unlock their potential. New SuiteSuccess solutions for Mexico include:   

  • SuiteSuccess Starter: SuiteSuccess Starter helps small and rapidly growing companies manage all aspects of their business in a single system. With SuiteSuccess Starter, customers in Mexico can get up and running quickly with pre-configured KPIs, workflows, reminders, reports and value-driven dashboards for all key roles within a business from day one.
  • SuiteSuccess Financials First: Financials First includes pre-defined roles, KPIs, dashboards and workflows for finance departments. It will help organizations in Mexico automate financial processes, speed month-end close, improve reporting and achieve real-time visibility into the financial status of the organization. Financials First Standard and Premium editions are now available for customers in Mexico.
  • SuiteSuccess add-ons: New add-on modules including Inventory Management, Financial Management, Project Management, Work Orders & Assembly, Demand Planning, Fixed Asset Management and Revenue Management allow customers to maximize the value of NetSuite quickly and efficiently.
 

SuiteSuccess customers across all markets also have immediate access to NetSuite global capabilities to process multi-currency transactions and to take advantage of international growth opportunities. To learn more about SuiteSuccess, please visit www.netsuite.com/suitesuccess.

Contact Info
D'Nara Cush
Oracle NetSuite
(650) 506-8692
dnara.cush@oracle.com
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 18,000 customers in 203 countries and dependent 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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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

D'Nara Cush

  • (650) 506-8692

Ecommerce Leader Helps Mexican Brands Tap into $12B+ Market Opportunity

Tue, 2019-10-08 10:33
Press Release
Ecommerce Leader Helps Mexican Brands Tap into $12B+ Market Opportunity Ibushak Drives Efficiencies and Enhances the Customer Experience with NetSuite

SuiteConnect, MEXICO CITY, Mexico—Oct 8, 2019

Ibushak, a Mexican ecommerce provider, is using Oracle NetSuite to help Mexican brands unlock new revenue opportunities and meet changing customer expectations. With NetSuite, Ibushak has streamlined financials, optimized inventory management and gained a comprehensive view into its core business processes so that it can personalize the customer experience and drive brand loyalty.
 
Founded in 2004 by brothers Mauricio and Salomon Bouzali, Ibushak is focused on making it easier for Mexican brands to conduct business online. The company currently works with more than 300 brands in Mexico and is tapping into a thriving industry, which is expected to reach $12.77 billion by 2023. To meet increasing demand that has seen its business grow by 120 percent in the last 4 years, Ibushak needed a unified business platform that could automate processes and scale to support its future growth. After careful evaluation, Ibushak selected NetSuite over Microsoft Dynamics and SAP.
 
“Our father had a successful 30-year career in the Mexican retail industry and taught us a lot, but at the time the industry was just scratching the surface,” said Mauricio Bouzali, co-founder and CEO, Ibushak. “In a single platform, NetSuite gives us the visibility, control and agility we need to streamline operations, drive customer satisfaction and enhance decision making. NetSuite will continue to support us in our journey as we grow well beyond the 300 brands and 62,000 products we have today.”
 
NetSuite has enabled Ibushak to take advantage of an integrated platform to automate and centralize key business functions including financials, order management and inventory management systems across its eight different business units. With a unified view into its core business functions, Ibushak has been able to provide its customers with the insights required to increase satisfaction and drive brand loyalty. By eliminating manual data entry with online orders, NetSuite has enabled Ibushak to more than double the number of orders shipped without decreasing service level agreements with its customers. In addition, Ibushak has enhanced decision making through increased visibility into financials.  
 
“Technology has transformed the retail industry and consumers now expect things to happen seamlessly on their own terms, whenever and however they want,” said Gustavo Moussalli, LAD senior director, Oracle NetSuite. “Ibushak is helping brands operating in Mexico meet these changing customer expectations and unlock significant new revenue streams. With NetSuite, the Ibushak team will be able to focus on helping brands reach and engage customers in new ways as their business continues to grow.”
Contact Info
D'Nara Cush
Oracle NetSuite
(650) 506-8692
dnara.cush@oracle.com
About Ibushak

Ibushak delivers the expertise and infrastructure to help companies of any size sell their products and services on the largest ecommerce platforms in Mexico. It also has its own online marketplace, ibushak.com. The company provides an end-to-end solution for ecommerce—handling everything from digital marketing to warehousing and fulfillment.

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 18,000 customers in 203 countries and dependent 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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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

D'Nara Cush

  • (650) 506-8692

Medical Service Provider Restores Vision in Communities Across Mexico

Tue, 2019-10-08 10:31
Press Release
Medical Service Provider Restores Vision in Communities Across Mexico salauno Works to Give All Mexicans the Chance to See Well and Improve Their Lives with the Help of NetSuite

SuiteConnect, MEXICO CITY, Mexico—Oct 8, 2019

salauno, a nonprofit focused on delivering visual health services, is using Oracle NetSuite to support its mission of providing high-quality, accessible eye care services to all of Mexico. With NetSuite, salauno has been able to focus time and resources on its mission by increasing supply chain efficiency and gaining a single view of the financial data of its entire organization.

Founded in 2011, the company has performed more than 35,000 surgeries that have restored vision and provided low-cost and quality ophthalmologic care, including treatments like cataract surgery and diabetic retinopathy, to more than 300,000 patients. To ensure that its team can stay focused on their mission and reach more communities, salauno needed a unified business platform that could optimize its supply chain and financial management operations.

"In Mexico, only a third of the people who require visual correction seek treatment and this includes more than nine million who suffer from cataracts. We wanted to change that situation," said Javier Okhuysen, co-founder and director of salauno. "By providing valuable real-time information about our business, NetSuite has enabled us to streamline operations and drastically reduce costs. Which, in turn, allows us to help more people and offer new essential services to the community."

With NetSuite, salauno has been able to take advantage of a single platform to run its core business processes, including accounting, inventory management and sales. This has helped salauno increase the efficiencies across its business and offer its services at a cost up to 60 percent less. NetSuite will also help support salauno’s rapid expansion plans to reach 60 new clinics and four new surgical centers throughout Mexico by 2021.

"It’s amazing to see how many people in Mexico have fallen victim to unnecessary blindness," said Gustavo Moussalli, LAD senior director, Oracle NetSuite. "We are proud to support an organization like salauno that is helping restore the visual health of people across the country."

NetSuite supports more than 1,500 nonprofit organizations and social enterprises globally. salauno is currently benefiting from SuiteDonation. Part of the NetSuite Social Impact program, SuiteDonation helps nonprofits benefit from the power of technology by providing discounted licensing.

salauno’s mission will be showcased at SuiteConnect Mexico City. Attendees will have the chance to meet members of the salauno team and hear firsthand how the organization is changing visual health by providing high quality, low cost treatments. Attendees will also be able to learn about their eyesight with interactive colored lenses that reveal fun facts and images in the process.

Contact Info
D'Nara Cush
Oracle NetSuite
(650) 506-8692
dnara.cush@oracle.com
About salauno

salauno is a network of ophthalmological clinics empowered by leading technology in their sector. The company combines a social approach with business discipline to grow rapidly and efficiently to give the whole country the chance to see well.

For more information visit: www.salauno.com.mx or its Facebook page.

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 18,000 customers in 203 countries and dependent 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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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

D'Nara Cush

  • (650) 506-8692

Billboards to Dashboards: How OUTFRONT Media is Gaining Insights into Market Trends

Tue, 2019-10-08 09:00
Blog
Billboards to Dashboards: How OUTFRONT Media is Gaining Insights into Market Trends

By Peter Schutt, Senior Director, Oracle—Oct 8, 2019

OUTFRONT Media, which manages more than 500,000 outdoor advertising canvases, including the New York City MTA and the Bay Area’s BART, is getting smarter and faster in showing its customers the advantages of outdoor ads.

The longtime Oracle Database Cloud customer this year upgraded to Oracle’s Autonomous Data Warehouse, gaining more-robust data-crunching with machine learning capabilities for faster time to market, enhanced performance and scalability, and a more flexible consumption-based cost model. In combination with Oracle Analytics, OUTFRONT’s Technology Services organization is collaborating with business lines to quickly create valuable reports and dashboards and make it easier to analyze revenue trends and identify opportunities within advertisers’ spend profiles.

For example, OUTFRONT is empowering hundreds of its sales professionals and executives with data visualization and analytics dashboards that incorporate third-party media spend data to quickly create a comprehensive view of a customer’s total advertising spend across all markets and media—outdoor, internet, TV, and radio—and make recommendations on how advertisers can more strategically utilize out-of-home in its media mix. Now, with Autonomous Data Warehouse, a powerful database is provisioned in minutes versus months, and terabytes of third-party data are loaded in minutes and securely published in interactive dashboards to the salesforce.

“The strategic insights that we gain from implementing Oracle Autonomous Data Warehouse can help our business tremendously. We can easily examine media spend on behalf of our advertisers and show them how their investment would perform better by shifting spend to outdoor. It helps us achieve maximum results for our customers, which in turn grows our business,” said Derek Hayden Vice President, Data Strategy and Analytics, OUTFRONT Media.

Watch the OUTFRONT Media Video

Watch this video to hear Derek Hayden Vice President, Data Strategy and Analytics, share how OUTFRONT Media is innovating sales with Oracle Autonomous Data Warehouse.

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Read More Oracle Cloud Customer Stories

OUTFRONT Media is one of the thousands of customers from around the world on its journey to cloud. Read about others in Stories from Oracle Cloud: Business Successes

Oracle Cloud Infrastructure Momentum Accelerates with New Hires

Tue, 2019-10-08 07:00
Press Release
Oracle Cloud Infrastructure Momentum Accelerates with New Hires Nearly 2,000 new employees will support customer growth, product innovation, and data center expansion

Redwood Shores, Calif.—Oct 8, 2019

Oracle today announced plans to hire nearly 2,000 employees worldwide to work on its growing Oracle Cloud Infrastructure business. The new roles, which include software development, cloud operations, and business operations, will support Oracle’s rapidly expanding infrastructure customer base, and come as the company rolls out new product innovations and rapidly opens cloud regions around the globe.

“Cloud is still in its early days with less than 20 percent penetration today, and enterprises are just beginning to use cloud for mission-critical workloads,” said Don Johnson, executive vice president, Oracle Cloud Infrastructure. “Our aggressive hiring and growth plans are mapped to meet the needs of our customers, providing them reliability, high performance, and robust security as they continue to move to the cloud.”

Oracle Cloud Infrastructure’s portfolio has experienced significant growth. Recent product innovations include new automated cloud security services, the launch of Autonomous Linux, and a host of new cloud data services. Only Oracle Gen 2 Cloud is built to run Oracle’s leading suite of enterprise cloud applications and uses machine learning to deliver category-defining autonomous services, including Oracle Autonomous Database and Oracle Autonomous Linux. Additionally, Oracle is the only cloud infrastructure company in the world that delivers enterprise applications. This gives customers huge cost and competitive advantages and enables them to extend their applications as they grow. 

In the past year, Oracle has opened 12 new Gen 2 Cloud regions and currently operates 16 regions globally, the fastest expansion by any major cloud provider. Continuing its rapid cadence of Oracle Gen 2 Cloud region launches, Oracle plans to add 20 more regions by the end of 2020, bringing the global footprint to 36 total regions. Eleven countries or jurisdictions will have region pairs that facilitate enterprise-class, multi-region, disaster-recovery strategies to better support those customers who want to store their data in-country or in-region. 

Today, Oracle is the only company delivering a complete and integrated set of cloud services and building intelligence into every layer of the cloud. Oracle Cloud Infrastructure’s growing talent base will ensure customers continue to benefit from best-in-class security, consistent high performance, simple predictable pricing, and the tools and expertise needed to bring enterprise workloads to cloud quickly and efficiently.

In addition to rapid hiring, Oracle will make additional real estate investments to support the expanded Oracle Cloud Infrastructure workforce.

Contact Info
Jessica Moore
Oracle
+1.650.506.3297
jessica.moore@oracle.com
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Future Product Disclaimer

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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Forward-Looking Statements Disclaimer

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect Oracle’s current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle’s business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including Oracle’s most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” 

These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this article is current as of October 8, 2019 and Oracle undertakes no duty to update any statement in light of new information or future events.

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

Jessica Moore

  • +1.650.506.3297

Nicole Maloney

  • +1.650.506.0806

Oracle Named a Leader in the 2019 Gartner Magic Quadrant for Data Integration Tools for the 11th Consecutive Year

Tue, 2019-10-08 07:00
Press Release
Oracle Named a Leader in the 2019 Gartner Magic Quadrant for Data Integration Tools for the 11th Consecutive Year Oracle named in Leaders quadrant based on its ability to execute and for completeness of vision

Redwood Shores, Calif.—Oct 8, 2019

Oracle has been named a Leader in Gartner’s 2019 Magic Quadrant for Data Integration Tools report for the 11th consecutive year. This year’s report states, “The data integration tool market is resurging as new requirements for hybrid/intercloud integration, active metadata and augmented data management force a rethink of existing practices.”

“We believe being recognized as a Leader in the Data Integration Tools category for more than a decade highlights Oracle’s ongoing commitment to innovation around the industry’s most challenging data issues,” said Jeff Pollock, vice president product management, Oracle. “With more enterprises moving to cloud or hybrid-cloud environments, it’s important that we continue to invest in our open platform. Not only do we help customers pull from hundreds of Oracle and non-Oracle sources based on their unique environments, but we help deliver value quickly by simplifying data tasks providing intuitive self-service for IT and business users.”

Gartner estimates that “By 2021, more than 80% of organizations will use more than one data delivery style to execute their data integration use cases.” Oracle’s data integration solution, including Oracle GoldenGate, Oracle Data Integrator and Oracle Enterprise Data Quality, deliver a proven and comprehensive solution to simplify enterprise data integration.

Oracle data integration allows enterprises to access and manipulate hundreds of data sources, whether on premises or in the cloud, and accept any data in any shape or format. This solution offers exciting opportunities to accelerate business transformation across a broad spectrum of enterprise customers and partners. We accomplish this by incorporating machine learning and artificial intelligence-powered features to help service all data integration needs.

Oracle also supports its customers by offering a vast network of technical consultants and service providers across its global partner network to aid in the implementation and management of their data integration technologies.

Download a complimentary copy of Gartner’s 2019 Magic Quadrant for Data Integration Tools here.

*Gartner “Magic Quadrant for Data Integration Tools” by Ehtisham Zaidi, Eric Thoo, Nick Heudecker. August 1 2019.

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
Travis Anderson
Oracle
208-880-8134
travis.j.anderson@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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.

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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Talk to a Press Contact

Travis Anderson

  • 208-880-8134

Oracle Recognized as a Leader in Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions for Oracle EPM Cloud

Mon, 2019-10-07 07:00
Press Release
Oracle Recognized as a Leader in Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions for Oracle EPM Cloud Oracle recognized for completeness of vision and highest for ability to execute

Redwood Shores, Calif.—Oct 7, 2019

Oracle has been named a Leader in Gartner’s 2019 “Magic Quadrant for Cloud Financial Planning and Analysis Solutions” report for the third consecutive year. Out of 15 companies evaluated, Oracle is positioned as a Leader based on its ability to execute and completeness of vision. A complimentary copy of the report is available here.

According to the report, “Leaders provide mature offerings that meet market demand and have demonstrated the vision necessary to sustain their market position as requirements evolve. Leaders have also demonstrated execution success by having revenue commensurate with other high-performing leaders in this market study, as well as by having a larger number of customers. The hallmark of Leaders is that they focus on and invest in their offerings to the point in which they lead the market and can affect its overall direction. As a result, Leaders can be vendors to watch as you try to understand how new market offerings might evolve. Leaders typically possess a large, satisfied customer base (relative to the size of the market) and enjoy high visibility within the market. Their size and financial strength enable them to remain viable in a challenging economy. Leaders typically respond to a wide market audience by supporting broad market requirements. However, they may fail to meet the specific needs of vertical markets or other, more specialized segments.”

“To help organizations of all sizes navigate a complex and dynamic global business environment, Oracle remains committed to providing the innovation and advanced technologies that can help our EPM Cloud customers achieve superior business value and competitive advantage,” said Hari Sankar, Group Vice President, Product Management, Oracle. “We are thrilled to be acknowledged once again as a Leader by Gartner. We believe this report further validates our product strengths, investment focus and customer successes.”

Oracle EPM Cloud is the only complete and connected EPM solution on a common platform that addresses financial and operational planning, consolidation and close, data management, reporting, and analysis processes. With native integration with the broader Oracle Cloud Applications suite, which includes Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Human Capital Management (HCM) and Customer Experience (CX) SaaS applications, Oracle helps customers to stay ahead of changing expectations, build adaptable organizations, and realize the potential of the latest innovations.

Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Robert Anderson, John Van Decker, Greg Leiter, 8 August 2019
 

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

Contact Info
Bill Rundle
Oracle
+1.650.506.1891
bill.rundle@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Online Wine Retailer Fine-Tunes Inventory and Speeds Delivery with Oracle Cloud

Thu, 2019-10-03 09:00
Blog
Online Wine Retailer Fine-Tunes Inventory and Speeds Delivery with Oracle Cloud

By Guest Author, Oracle—Oct 3, 2019

Enjoying wine may be an age-old pleasure, but making sure online buyers get the right wine delivered promptly is a very modern concern.

Vinomofo, founded in 2011 in an Adelaide garage with a focus on making great wines available to wine lovers and to help great wine makers grow. The company now serves half a million wine buyers in Australia, New Zealand, and Singapore. Vinomofo initially focused on marketing, customer interaction and sales while relying on a third-party to handle warehousing, logistics, stock levels and distribution.

While the service from the third party supplier was great, it was not a scalable solution. Vinomofo decided it had to take back the control of the back-office tasks, but with the help of a technology partner.

In light of this strategic change, it turned to Oracle Warehouse Management Cloud (WMS), giving Vinomofo a better handle on key data such as inventory levels and reporting. The Oracle cloud-based system lets the company check key performance indicators (KPIs) to make sure employees and the system itself meet expectations.

These automated processes enable Vinomofo to focus on the wine itself and the company’s 550,000 strong member base, rather than worrying about the logistics and back of house operations. Since using WMS, Vinomofo has been able to deliver wine three times faster—we’ll raise a glass to that!

It also allowed Vinomofo to start a new “click-and-collect” service in its Melbourne distribution center in three weeks of using the software. The system will also enable customers to mix their own cases, something Vinomofo is excited to launch within the next 12 months.

Use of the Oracle technology has improved both the accuracy of inventory stock checks and made it easier to offer same-day shipping.

According to Krista Diez-Simson, CFO and COO Vinomofo, “Oracle cloud has enabled us to focus on quality and curation whilst warehousing and distribution now take care of themselves.” 

Watch the Vinomofo Video

In this video, Krista Diez-Simson, CFO and COO of Vinomofo, shares how Oracle Cloud is helping the company focus on what it does best—delivering wine.

embedBrightcove('responsive', false, 'single', '6002758155001');

 

Read More Oracle Cloud Customer Stories

Vinomofo is one of the thousands of customers from around the world on its journey to cloud. Read about others in Stories from Oracle Cloud: Business Successes

Accenture and Oracle Help Insurers Meet IFRS 17 and LDTI Accounting Standards

Wed, 2019-10-02 15:00
Press Release
Accenture and Oracle Help Insurers Meet IFRS 17 and LDTI Accounting Standards New solution enables insurers to more effectively digitize their financial information and improve financial reporting of their insurance contracts

NEW YORK—Oct 2, 2019

Accenture (NYSE: ACN) and Oracle today unveiled an integrated technology and services offering that enables insurers to digitize their financial information and meet accounting reporting standards for the International Accounting Standard Board’s (IASB) IFRS 17 and US GAAP Long Duration Targeted Improvements (LDTI).
 
Combining Oracle’s IFRS 17 and Finance solutions with Accenture’s deep expertise and capabilities, the offering includes preconfigured templates, rules and reports to help insurers address the complexity associated with these accounting standards and ensure compliance.
 
Effective Jan. 1, 2022, IFRS 17 provides new standards for how insurers recognize revenue tied to their insurance contracts. Similarly, LDTI changes the assumptions insurers use to measure the liability of future policy benefits for traditional insurance contracts.
 
Many industry observers consider these new accounting standards to be the most challenging financial reporting changes for insurers in decades, requiring innovative approaches using new technology. Together, Accenture and Oracle have created a solution that drive benefits beyond the finance function to the entire enterprise. Recent Accenture research revealed that CFOs who fully harness the power of data and new technologies can drive value, improve efficiency and empower CEOs with strategic insights.
 
“The changes required from IFRS 17 provide an opportunity for insurers to capitalize on their rich repositories of data and derive more value from advanced analytics,” said Steve Culp, a senior managing director at Accenture and global head of the company’s Finance & Risk practice. “This joint offering provides the first steps on the journey to a full digitization of finance, enabling insurance CFOs to drive the enterprise strategy beyond the borders of the finance function.”
 
Sonny Singh, general manager and senior vice president, Oracle Financial Services, added, “IFRS 17/LDTI Standards are a historic change to insurance revenue recognition requirements. It presents a unique opportunity for insurers to align and transform disparate business processes and gain greater operational efficiency and insight. Oracle’s modern integrated solution, combined with Accenture’s comprehensive services, will allow adoption of IFRS 17 standards and establish the baseline for a wider insurance modernization initiative.”

The new solution is built into Accenture myConcerto, a fully integrated digital platform that brings together Accenture’s most disruptive thinking, leading industry solutions and Oracle technologies to drive enterprise transformation. It is one of the latest offerings developed through the longstanding Accenture and Oracle alliance, which has spanned more than 25 years. Accenture has been one of Oracle’s leading systems integration partners globally, with more than 54,000 Oracle-skilled consultants around the world who help clients accelerate digital transformation by implementing Oracle-based business solutions and new business processes that develop and evolve as their digital business grows. Accenture is a Global Cloud Elite and Platinum level member of Oracle PartnerNetwork (OPN) and is certified as an Oracle Cloud Excellence Implementer.
 
More information about the offering can be found here.

Contact Info
Judi Palmer
Oracle
+1 650 784 7901
judi.palmer@oracle.com
Michael McGinn
Accenture
+1 917 452 9458
m.mcginn@accenture.com
About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 492,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

About Oracle Financial Services

Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next generation financial services. Our intelligent and open digital solutions enable customer-centric transformation, support collaborative innovation and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrated risk and finance, fight financial crime and comply with regulations. To learn more about Oracle Financial Services visit our website. Click here to learn more about Oracle IFRS 17 solutions.

Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program—an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

Talk to a Press Contact

Judi Palmer

  • +1 650 784 7901

Michael McGinn

  • +1 917 452 9458

Oracle Buys CrowdTwist

Wed, 2019-10-02 05:48
Press Release
Oracle Buys CrowdTwist Extends Oracle CX with Leading Cloud-Native Omni-Channel Loyalty Solution

Redwood Shores, Calif.—Oct 2, 2019

Oracle today announced it signed an agreement to acquire CrowdTwist, the leading cloud-native customer loyalty solution to empower brands to offer personalized customer experiences. The solution offers over 100 out-of-the-box engagement paths, providing rapid time-to-value for marketers to develop a more complete view of the customer. Upon the close of the acquisition, the CrowdTwist team will join the Oracle Customer Experience (CX) Cloud organization.

In today’s omni-channel environment, customer retention is critical to every business and loyalty is the unifying component for a brand across all marketing initiatives. Yet, many loyalty products offer static, single-channel, spend-and-get programs loaded with services and customization, creating difficult to adapt programs which are costly to implement and maintain. CrowdTwist’s cloud loyalty solution offers adaptable programs tailored to the needs of the customer to offer discounts, points, check-ins or rewards.

Together, Oracle and CrowdTwist will enable organizations of all sizes to deliver personalized engagement and extend loyalty and reward programs to a brand’s most beneficial customer behaviors. The combination offers several benefits to customers:

  • Tightly couple loyalty programs with the orchestration of B2C brands and customers through existing integration with Oracle Responsys.
  • Heighten customer intelligence and the value of loyalty program data through future integration with Oracle CX Unity.
  • Utilize loyalty and retention data to optimize B2B marketing campaigns via expanded integrations with Oracle Eloqua.
  • Deliver comprehensive, end-to-end loyalty view at transaction and store levels by extending current integrations with Oracle’s leading industry-specific retail, hospitality and food & beverage applications.

“Oracle is taking a unique approach to the customer data platform space, enabling the application of intelligence across every customer touchpoint,” said Rob Tarkoff, Executive Vice President, Oracle. “CrowdTwist’s leading loyalty platform will significantly augment Oracle CX’s ability to help our customers build more meaningful relationships with their customers.”

“The combination with Oracle validates CrowdTwist’s world-class technology, employees and customers,” said Scott Matthews, CEO of CrowdTwist. “We could not have found a more compelling partner to advance our vision of customer loyalty at scale.”

More information about this announcement is available at www.oracle.com/crowdtwist.

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

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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.

Oracle is currently reviewing the existing CrowdTwist product roadmap and will be providing guidance to customers in accordance with Oracle’s standard product communication policies. Any resulting features and timing of release of such features as determined by Oracle’s review of CrowdTwist’s product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by CrowdTwist or by Oracle, does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. It is intended for information purposes only, and may not be incorporated into any contract.

Cautionary Statement Regarding Forward-Looking Statements

This document contains certain forward-looking statements about Oracle and CrowdTwist, including statements that involve risks and uncertainties concerning Oracle’s proposed acquisition of CrowdTwist, anticipated customer benefits and general business outlook. When used in this document, the words “anticipates”, “can”, “will”, “look forward to”, “expected” and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or CrowdTwist, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed, the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and/or Oracle or CrowdTwist may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or CrowdTwist. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither Oracle nor CrowdTwist is under any duty to update any of the information in this document.

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

Ken Bond

  • +1.650.607.0349

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