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Oracle Recognized as a Leader for Ninth Consecutive Time in Gartner Magic Quadrant for Digital Commerce

Tue, 2018-07-10 07:00
Press Release
Oracle Recognized as a Leader for Ninth Consecutive Time in Gartner Magic Quadrant for Digital Commerce Oracle Placed in Furthest Overall Position for Completeness of Vision in the Entire Magic Quadrant

Redwood Shores, Calif.—Jul 10, 2018

Oracle has been placed in the furthest overall position for its completeness of vision within the entire Magic Quadrant in Gartner’s 2018 “Magic Quadrant for Digital Commerce”1, which evaluated Oracle, including its Oracle Commerce Cloud. This is the ninth consecutive time that Oracle has been named a Leader in this Magic Quadrant. Oracle believes that its Leader position underscores its continued innovation in developing a modern, end-to-end digital commerce solution.

Gartner positions vendors within a particular quadrant based on their ability to execute and completeness of vision. According to Gartner, “In this fast-paced digital world, change comes quickly. This makes it paramount for vendors to understand not only the emerging market, but their clients' specific needs when it comes to offering strategy and business models. Likewise, innovation is imperative. Innovative vendors that demonstrate an understanding of the market in their offering (product) strategies and emerging business models exhibit Completeness of Vision. As a result, market understanding, offering (product) strategy, business model and innovation are all highly weighted criteria.”

This Gartner Magic Quadrant is a companion of Gartner’s “Critical Capabilities for Digital Commerce”2, in which Oracle Commerce Cloud received the highest score for Fast, Nimble Implementations use case and Oracle Commerce received the highest score for the Robust / Global Implementations use case. Oracle Commerce Cloud also scored 4.13 out of 5 for the Modular, Flexible Implementations use case.

“We are proud to be named a Leader again in the Gartner Magic Quadrant for Digital Commerce and to receive such scores for Oracle Commerce Cloud in the Critical Capabilities document. We believe it demonstrates our unrelenting dedication to innovation in digital commerce and our investment and momentum in the cloud,” said Ken Volpe, senior vice president, product development, Oracle. “We know it is critical for commerce companies to provide a seamless, end-to-end omnichannel experience to both consumers and business buyers. Oracle continues to invest in and develop the latest technology required for success in the next era of commerce, such as artificial intelligence (AI), real-time analytics, and emerging sources of data, to offer agile, scalable and data-driven digital commerce solutions that help businesses drive sales, customer loyalty and growth.”

Part of the Oracle Customer Experience (CX) Cloud, Oracle Commerce Cloud is the industry’s only unified enterprise-grade B2C and B2B commerce platform built on modern cloud architecture and deep industry expertise. With a proven heritage for performance, scalability and flexibility, Oracle Commerce Cloud empowers online businesses to take advantage of AI-powered capabilities and innovative personalization tools to turn static journeys into smart ones by delivering targeted product and content that is most relevant to the shopper’s immediate context. Recommendations utilize account data, shopper third-party data and real-time inputs to optimize outcomes and create superior consumer experiences for both first time and known shoppers to drive repeat visits, loyalty and revenue.

Part of Oracle Cloud Applications, Oracle Customer Experience (CX) Cloud Suite 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 Cloud Suite helps customers reduce IT complexity, deliver innovative customer experiences, and achieve predictable and tangible business results.

Gartner positions vendors within a particular quadrant based on their ability to execute and completeness of vision. It says its evaluation criteria “emphasize the ability to develop, deploy and support a unique and compelling customer experience. They stress migration to more flexible and nimble implementation that reduces both time to market and TCO. They stress the vendor's ability to attract and develop an ecosystem of technology and service provider partners that add value to its platform.”

Download a complimentary copy of Gartner’s 2018 “Magic Quadrant for Digital Commerce” here.

[1] Gartner, “Magic Quadrant for Digital Commerce,” by Penny Gillespie, Jason Daigler, Mike Lowndes, Christina Klock, Yanna Dharmasthira, Sandy Shen, June 5, 2018. The report was previously titled Magic Quadrant for E-Commerce. In the 2010, 2008, 2007/2006 versions of the report, Oracle was listed as ATG because it acquired the company in November 2010.

[2] Gartner, “Critical Capabilities for Digital Commerce,” by Jason Daigler, Yanna Dharmasthira, Sandy Shen, Penny Gillespie, Mike Lowndes, Christina Klock, June 6. 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
Danielle Cormier-Smith
Oracle
+1.914.441.4896
danielle@positive-comms.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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Danielle Cormier-Smith

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French Children’s Retailer ÏDKIDS COMMUNITY Chooses Oracle Retail Cloud to Make More Profitable Inventory Investments

Mon, 2018-07-09 08:00
Press Release
French Children’s Retailer ÏDKIDS COMMUNITY Chooses Oracle Retail Cloud to Make More Profitable Inventory Investments Intuitive Planning Cloud Service Enables Retailer to Better Understand Consumer Behavior and Preferences across Brands and Store Locations

Redwood Shores, Calif.—Jul 9, 2018

Today Oracle announced that ÏDKIDS COMMUNITY has selected Oracle Retail Planning and Optimization Cloud Services to gain better understanding of their customers and their behaviors. ÏDKIDS COMMUNITY specializes in children garments and toys and operates retail brands including Okaidi, Jacadi, Obaibi and Oxybul through a network of over 1300 stores in 53 countries. Through the implementation with Oracle Retail Merchandise Financial Planning Cloud Services and Oracle Retail Assortment Planning Cloud Services, ÏDKIDS COMMUNITY will improve the buying and planning of their inventory with a better understanding of their customer behavior and expedite return on technology investment by accelerating digital transformation through cloud infrastructure. Cognira, a Gold level member of Oracle PartnerNetwork (OPN), will guide the retailer through the implementation process and cloud migration.

“Consumer behavior is shifting and we know that having tools with accurate perspective on how customers engage with our brands will ensure we’re making the right merchandising decisions. We launched a search for the right retail solution that could offer deep insights from sales and stock analysis to increase profitability and minimize unnecessary discounts across our portfolio,” said Rodolphe Even, Chief Information Officer, ÏDKIDS COMMUNITY. “After a competitive sales cycle and a detailed proof of concept, we chose Oracle Retail Planning and Optimization Cloud Services for their rich functionality and ability to scale with our business.”

“Our business teams were limited by the tools available to properly plan inventory assortments. With a modular, configured approach, the finance and planning teams can streamline into a single holistic planning process for greater efficiency and accuracy that enables more strategic merchandising investments and eliminates residual stock,” Delphine Brabant, Head of Buying/Product IT department, ÏDKIDS COMMUNITY. “Our buying and product management teams found the Oracle Retail solutions to be intuitive and easy to use.”

“We are delighted to partner with ÏDKIDS COMMUNITY on this initiative to grow their Omnichannel, multi-format business,” said Chris James, Vice President, Oracle Retail. “With Oracle Retail Cloud services at the core of ÏDKIDS COMMUNITY digital transformation project, IT teams can look forward to an investment that will continue to deliver best-of-industry practices as brands continue to grow.”

“Cognira has helped a wide variety of retailers achieve measurable benefits from retail planning, supply chain and analytic software investments and we look forward to bringing this expertise to ÏDKIDS COMMUNITY implementation,” said Hatem Sellami, Founder and Chief Executive Officer, Cognira.

Cognira successfully delivered the first cloud implementation of Oracle Retail globally at Groupe Dynamite in less than 3 months.

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.

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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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Matt Torres

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Oracle Named a Leader in the 2018 Gartner Magic Quadrant for Warehouse Management Systems

Tue, 2018-07-03 11:01
Press Release
Oracle Named a Leader in the 2018 Gartner Magic Quadrant for Warehouse Management Systems Oracle included in Leaders quadrant of the Magic Quadrant for Warehouse Management Systems, for the fourth time in a row

Redwood Shores, Calif.—Jul 3, 2018

Oracle announced today that it has been positioned in the Leaders quadrant of the 2018 Gartner Magic Quadrant for Warehouse Management Systems. This is the fourth time that Oracle has been named a Leader in this report. Gartner looks at a company’s completeness of vision and ability to execute.

A complimentary copy of the report is available here.

“WMS applications offer capabilities such as receiving, put-away, stock locating, inventory management, cycle counting, task interleaving, wave planning, order allocation, order picking, replenishment, packing, shipping, labor management and automated materials-handling equipment interfaces. These systems incorporate mobile devices along with bar code and, possibly, RFID scanning/sensing to form the transactional foundation of a WMS. This enables efficiencies of directed work activity and the delivery of accurate information in near real time,” the report states.

Regarding Oracle Warehouse Management (WMS) Cloud, Oracle believes that its global expansion and commitment to innovative cloud technology validates its position in the market.

According to Gartner, “While a very mature market, WMS offerings continue to differ in areas like usability, adaptability, intelligence, life cycle costs and ability to support end-to-end logistics process orchestration.”

Oracle WMS Cloud provides a cloud-based inventory and warehouse management service. With innovative product features including emerging technology like IoT and mobile solutions, Oracle WMS Cloud combines the agility and cost efficiency of the cloud, while also harboring warehouse management and fulfillment capabilities.

“Ensuring that our customers are prepared for the changing market with cloud technology, is a key driver for Oracle. We provide a modern SCM platform infused with emerging technology like AI and IoT to help prepare businesses for the future,” said Diego Pantoja-Navajas, vice president of WMS Development for SCM Cloud at Oracle. “Oracle WMS Cloud can be easily integrated with other business applications, enabling seamless, (and inexpensive), upgrades in the cloud. Oracle WMS Cloud also provides a Platform-as-a-Service (PaaS) layer exposing most WMS fields via REST APIs that allows customers to build custom applications.”

For additional information on Oracle Supply Chain Management (SCM) Cloud, visit Facebook, Twitter or the Oracle SCM blog.

Gartner, “Magic Quadrant for Warehouse Management Systems,” C. Dwight Klappich, Simon Tunstall, 2 May 2018.

Contact Info
Vanessa Johnson
Oracle
+1.650.607.1692
vanessa.n.johnson@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 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.

About Oracle

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

Trademarks

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

Safe Harbor

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

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Vanessa Johnson

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Oracle Named a Leader in 2018 Gartner Magic Quadrant for Transportation Management Systems

Tue, 2018-07-03 11:00
Press Release
Oracle Named a Leader in 2018 Gartner Magic Quadrant for Transportation Management Systems Oracle noted as a Leader for the 11th time based on its completeness of vision and ability to execute

Redwood Shores, Calif.—Jul 3, 2018

Oracle today announced that it has been positioned in the Leaders quadrant of the 2018 Gartner Magic Quadrant for Transportation Management Systems¹. This is the 11th time Oracle has been named a Leader. The report evaluates vendors providing holistic multimodal domestic Transportation Management Systems (TMS) on their ability to execute and completeness of vision. Oracle believes that this recognition further demonstrates Oracle’s ability to deliver a unified, scalable solution that meets and exceeds the needs of modern supply chains.

A complimentary copy of the report is available here.

“Gartner continues to see the TMS market grow at an accelerated rate. Factors such as the need to reduce costs; improve internal productivity, efficiency and customer service; increase visibility; and make better use of capacity are driving the growth of the market through 2022,” the report states.

Regarding Oracle Transportation Management Cloud, Oracle believes that its global expansion and commitment to innovative cloud technology validates its position in the market.

“Controlling transportation costs, creating internal efficiencies, increasing visibility and securing transport capacity are currently the top motivators for investing in a TMS,” the report states.

Oracle Transportation Management Cloud provides a single platform for transportation orchestration across the entire supply chain, which helps customers reduce freight costs, optimize service levels, and automate processes for more efficient and effective logistics operations.

“It’s clear that emerging technologies are driving dramatic shifts in how businesses are run and can offer enormous business benefits, when executed properly,” said Derek Gittoes, vice president, SCM Product Strategy. “Oracle Transportation Management Cloud marries leading edge cloud-based technologies with an expansive ecosystem of partners to help every type of shipper manage and get ahead of challenges brought on by the demands of modern business.”

¹ Gartner, “Magic Quadrant for Transportation Management Systems,” by Bart De Muynck, March 19, 2018

Contact Info
Vanessa Johnson
Oracle
+1.650.607.1692
vanessa.n.johnson@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 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.

About Oracle

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

Trademarks

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

Safe Harbor

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

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Vanessa Johnson

  • +1.650.607.1692

New Study: 93% of People Would Trust Orders from a Robot at Work

Thu, 2018-06-28 07:00
Press Release
New Study: 93% of People Would Trust Orders from a Robot at Work HR leaders and employees want to embrace AI, but organizations are failing to prepare the workforce

Redwood Shores, Calif.—Jun 28, 2018

People are ready to take instructions from robots at work according to a new study conducted by Oracle and Future Workplace, a research firm preparing leaders for disruptions in recruiting, development and employee engagement. The study of 1,320 U.S. HR leaders and employees found that while people are ready to embrace Artificial Intelligence (AI) at work, and understand that the benefits go far beyond automating manual processes, organizations are not doing enough to help their employees embrace AI and that will result in reduced productivity, skillset obsolescence and job loss. 

The study–AI at Work–identified a large gap between the way people are using AI at home and at work. While 70 percent of people are using some form of AI in their personal life, only 6 percent of HR professionals are actively deploying AI and only 24 percent of employees are currently using some form of AI at work. To determine why there is such a gap in AI adoption when people are clearly ready to embrace AI at work (93 percent would trust orders from a robot), the study examined HR leader and employee perceptions of the benefits of AI, the obstacles preventing AI adoption and the business consequences of not embracing AI.    

Employees and HR Leaders See the Potential of AI

All respondents agreed that AI will have a positive impact on their organizations and when asked about the biggest benefit of AI, HR leaders and employees both said increased productivity. In the next three years, respondents expect the benefits to include:     

  • Employees believe that AI will improve operational efficiencies (59 percent), enable faster decision making (50 percent), significantly reduce cost (45 percent), enable better customer experiences (40 percent) and improve the employee experience (37 percent).

  • HR leaders believe AI will positively impact learning and development (27 percent), performance management (26 percent), compensation/payroll (18 percent) and recruiting and employee benefits (13 percent).

Organizations are Not Doing Enough to Prepare the Workforce for AI

Despite its clear potential to improve business performance, HR leaders and employees believe that organizations are not doing enough to prepare the workforce for AI. Respondents also identified a number of other barriers holding back AI in the enterprise.

  • Almost all (90 percent) of HR leaders are concerned they will not be able to adjust to the rapid adoption of AI as part of their job and to make matters worse, they are not currently empowered to address an emerging AI skill gap in their organization.

  • While more than half of employees (51 percent) are concerned they will not be able to adjust to the rapid adoption of AI and 71 percent believe AI skills and knowledge will be important in the next three years, 72 percent of HR leaders noted that their organization does not provide any form of AI training program.

  • On top of the skill gap, HR leaders and employees identified cost (74 percent), failure of technology (69 percent) and security risks (56 percent) as the other major barriers to AI adoption in the enterprise.

Not Embracing AI Now Will Result in Job Loss, Irrelevance and Loss of Competitive Advantage   

Despite all the talk about people being worried about AI entering the workplace, the study found the opposite to be true with HR leaders and employees (79 percent of HR leaders; 60 percent of employees) believing a failure to adopt AI will have negative consequences on their own careers, colleagues and overall organization. 

  • Respondents identified reduced productivity, skillset obsolescence and job loss as the top three consequences of failing to embrace AI in the workforce.

  • From an organizational standpoint, respondents believe embracing AI will have the most positive impact on directors and C-Suite executives. By failing to empower leadership teams with AI, organizations could lose a competitive advantage.

Methodology

For this survey, 1,320 HR Leaders and employees were asked about their views regarding AI implementation and usage in the workplace. The study targeted HR Leaders and employees who work across different sectors and in organizations of different sizes. All panelists have passed a double opt-in process and complete on average 300 profiling data points prior to taking part in surveys.

  • “As this study shows, people are not afraid of AI taking their jobs and instead want to be able to quickly and easily take advantage of the latest innovations,” said Emily He, SVP, Human Capital Management Cloud Business Group, Oracle. “To help employees embrace AI, organizations should partner with their HR leaders to address the skill gap and focus their IT strategy on embedding simple and powerful AI innovations into existing business processes.”

    “AI will enable companies to stay competitive, HR leaders to be more strategic and employees to be more productive at work. If organizations want to take advantage of the AI revolution, while closing the skills gap, they will have to invest in AI training programs. If employees want to stay relevant to the current and future job market, they need to embrace AI as part of their job.”

    —Dan Schawbel, Research Director at Future Workplace, author of Back to Human

Contact Info
Siobhan Lyons
Oracle
202-431-9411
siobhan.lyons@oracle.com
Dan Schawbel
Research Director at Future Workplace
617-840-0073
dan@futureworkplace.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 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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Siobhan Lyons

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Dan Schawbel

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Bank and Insurance Innovators to Benefit from European Oracle Fintech Innovation Program with B-Hive Europe

Thu, 2018-06-28 07:00
Press Release
Bank and Insurance Innovators to Benefit from European Oracle Fintech Innovation Program with B-Hive Europe European Bank and Insurance Innovators to Benefit from Accelerated Monetization of Fintech Capabilities, Oracle and B-Hive Europe to collaborate on Fintech Innovation Program

Redwood Shores, Calif.—Jun 28, 2018

Oracle has chosen Brussels as a European gateway to roll out its Fintech Innovation Program to Europe. Oracle plans to dedicate additional European staff and resources to set up mutually monetizable relationships with fintechs and digital banking innovators. Oracle plans to work with B-Hive Europe to accelerate enterprise readiness for participating fintechs and banks.

Brussels was chosen as Oracle’s European fintech hub because of its central location and the presence of leading institutions of the European Union. Oracle’s customers will benefit from a renewed focus on European affairs.

Johan Van Overtveldt, Belgium’s Minister of Finance, said, “I wholeheartedly support the decision of Oracle to organize their European rollout from Brussels. Oracle is a global, reliable, technology company and B-Hive Europe is an important public and private sector collaboration. I expect this relationship to create real momentum in the acceleration of financial innovation in Belgium and Europe. It further strengthens Brussels as a pan-European hub for fintech and thus contributes to our strategy to focus on attracting niche financial activities, such as fintech, insurance and market infrastructures.”

“At Oracle, we realize that in Europe, results-driven digital innovation is thriving because of the historical roots of banking. We are choosing Brussels as our fintech center for mainland Europe because of its excellent location,” said Rik De Deyn, senior innovation director, Oracle, who’ll be leading the European rollout. “Brussels is easy to reach from most European financial hubs, close to the European Commission, and an ideal location to bring together fintech innovators and financial institutions,” he added. “Our work with B-Hive Europe will inevitably result in a faster time to innovation value for banks and insurers, and accelerated monetization for fintechs.”

B-Hive Europe is a collaborative innovation fintech platform that brings together major banks, insurers and market infrastructure players to work on common innovation challenges and build bridges to the start-up and scale-up community.

“Adding BigTech firms to our ecosystem is an important part of our strategy to grow and expand innovation for our start-ups, scale-ups and financial service partners,” said Fabian Vandenreydt, Executive Chairman, B-Hive Europe. “With Oracle, we share a focus on accelerated productization and monetization of fintech innovation for the benefits of the full ecosystem. As our strategic cloud infrastructure collaborator, we welcome Oracle’s expertise to help our start-up and scale-up community reach higher levels of enterprise readiness, security and scalability. And this will benefit our bank, insurance and market infrastructure partners in the short term.”

The European fintech market is growing rapidly and banks have an appetite for tangible results. A number of fintech firms have previously worked with Oracle and B-Hive Europe, and welcome the collaboration.

Hanna Zubko, CEO and Co-Founder of IntellectEU Inc, a smart integration and development company focused on blockchain for financial services, explained: “IntellectEU is proud to be part of the unique ecosystem that Oracle and B-Hive Europe have created. This important work offers industry leading technology and strong business relations that our customers need."

Alain Vansnick, Senior VP at TAS Group, a mature fintech running payments and credit card software, said, “Our collaboration with Oracle as a cloud technology provider has been transformational to our business over the past years, generating real revenue opportunities. We are now joining B-Hive Europe because we believe that a collaboration between big tech, fintech, banks and public sector can also transform the market.”

NGDATA, the Intelligent Customer Data Platform, has benefited from B-Hive Europe’s programs from the start, and runs on Oracle technologies. Luc Burgelman, CEO, looks forward to this collaboration: “Oracle and B-Hive share a focus on enterprise-ready, scalable results. We believe in data-based innovation. Oracle and B-Hive Europe combining forces couldn’t have come at a better time.”

The fintech program is globally spearheaded by Mark Smedley, VP Financial Services Solutions; De Deyn will be leading the European effort.

Contact Info
Paul de Lara
Oracle
+44 7471 020937
paul.de.lara@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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Paul de Lara

  • +44 7471 020937

The Executive Centre Expands Network and Services to Deliver Ultimate Work Experience

Tue, 2018-06-26 15:00
Press Release
The Executive Centre Expands Network and Services to Deliver Ultimate Work Experience Leading Provider of Serviced and Virtual Offices Streamlines Critical Business Processes to Support Rapid Global Growth with NetSuite OneWorld

Hong Kong—Jun 26, 2018

The Executive Centre, a provider of premium serviced office facilities, shared co-work spaces and virtual offices in Asia-Pacific, implemented NetSuite to support its rapid global growth and expanding service portfolio. Headquartered in Hong Kong, The Executive Centre has averaged 20 percent annual growth for the past 10 years and now operates 115 centers in 13 countries.

Founded in 1994, The Executive Centre offers a member-centric experience that promotes connection, personal growth and professional achievement and serves clients ranging from startups to multinationals such as Pfizer, Expedia and Twitter.

To meet the demands of distributed, global and mobile businesses, The Executive Centre has added properties in prime locations across Asia Pacific and the Middle East, while also introducing new technology, contemporary interior design and a wide range of business services such as concierge, accounting, professional translation and people management. In order to manage the business complexity presented by rapid international expansion and an increasingly diverse service portfolio, The Executive Centre implemented NetSuite OneWorld four years ago.

“Businesses today need more than just basic office space, they need to be able to offer an experience that meets the demands of a global and mobile workforce,” said Jason Wong, CTO, The Executive Centre. “As we expanded our network and services to meet those requirements, we needed to rethink our business operations. With NetSuite we have a global business management platform that has reduced operating complexity and enabled us to focus time and resources on delivering the ultimate work experience for our clients.”

By switching from Microsoft Dynamics NAV (Navision) to NetSuite OneWorld, The Executive Centre has been able to improve operational efficiency by taking advantage of a real-time, unified global business management platform. As a result, The Executive Centre has been able to streamline and modernize financials, multi-subsidiary management, revenue recognition, billing, multi-currency transactions and multi-country tax compliance. This has enabled The Executive Centre to meet the evolving business needs of its clients across its 34 subsidiaries that span China, India, Hong Kong, Indonesia, South Korea, Japan, Taiwan, Singapore, Australia, Sri Lanka, Macau and Vietnam as well as its recently opened location in Dubai, United Arab Emirates.

“The Executive Centre has achieved incredible success over the last 10 years and the member-centric experience it offers its clients is really impressive,” said Lee Thompson, group vice president and general manager, Asia Pacific and Japan at Oracle NetSuite. “We are thrilled to play a key role in its future expansion in Asia Pacific and beyond.”

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

The Executive Centre offers a personalized approach to the constantly evolving landscape of workspace solutions. For the last two decades, TEC has been a leading provider of Serviced and Virtual Offices, in addition to Coworking, Meeting Rooms and Conference Spaces. The company operates 115 centres in 13 countries. Learn more about at https://www.executivecentre.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 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.

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Suzanne Myerson

  • +61 414 101 583

Oracle Empowers Customers to Embrace Cloud Innovation

Tue, 2018-06-26 07:30
Press Release
Oracle Empowers Customers to Embrace Cloud Innovation Free online learning platform helps customers gain more value from Oracle Cloud Applications with comprehensive learning paths and modules, live events and an introduction to guided learning

Redwood Shores, Calif.—Jun 26, 2018

An entry look at the new Oracle LaunchPad

Oracle (NYSE: ORCL) today unveiled a free digital learning platform designed to help customers quickly and easily take advantage of the continuous innovation within Oracle Cloud Applications. Developed by Oracle University, the new Oracle LaunchPad online learning platform provides comprehensive learning paths and task-focused modules with video tutorials and step-by-step instructions. Oracle is also offering SaaS customers free live ‘Quick Start’ learning events and a ‘Starter Pack’ for guided in-app overlays to further accelerate end-user adoption.

“Cloud technology changes rapidly and new features and capabilities are constantly being added to our cloud applications,” said Damien Carey, senior vice president, Oracle University. “Oracle LaunchPad makes it easier for customers to take advantage of the continuous innovation within our suite of cloud applications. This is powered by the industry’s most comprehensive learning platform and platinum-level support services that are offered at no additional cost.”

In addition to its easy-to-navigate learning platform, Oracle is the only SaaS vendor that provides free live ‘Quick Start’ events and a ‘Starter Pack’ for guided, in-app learning to accelerate onboarding and cloud adoption.

“Oracle’s success in cloud applications is closely linked to our customers’ success so we’re continually raising the bar for baseline support,” said Catherine Blackmore, group vice president, Oracle North America Customer Success. “Oracle LaunchPad online learning resources are a key feature of our no-cost platinum-level SaaS support offering, which also includes 24/7 rapid support, proactive technical monitoring, success planning and adoption guidance. Oracle SaaS Support Services along with Oracle Soar, our innovative cloud migration offering, make it easy for customers to upgrade and thrive in the cloud.”

A sample view of Oracle University's Guided Learning Solution

Part of Oracle’s new platinum-level SaaS Support Services, Oracle LaunchPad will include:

  • 24/7 on-demand training: Oracle’s on-demand digital learning platform enables customers to search and learn topics and tasks of their choosing, on their own schedule.
  • Essential training and best practice content: Oracle LaunchPad features the latest digital training on thousands of topics spanning the Oracle Cloud Application portfolio. There are currently around 2,000 topics on 70 cloud services.
  • Comprehensive learning paths for all positions: Tailored to the specific needs of administrators, implementers, and business users, learning paths guide users through their cloud learning experience by grouping training modules on specific skills and topics.
  • Searchable content: Powerful filtering capabilities help users find the training they need. Users can search and choose where to get started by filtering for role, skill level, cloud service, and functional area within a cloud service.
  • Personalized Dashboard: Users can edit their learning profile to better identify training topics that meet their specific needs.
  • Gamification and tutorials: Modules feature product images and embedded videos with demonstrations. As users complete modules, they can take quizzes, and earn points and badges that accumulate throughout the process.
 

In addition, Oracle offers two free introductory programs:

  • Guided learning Starter Pack: Oracle’s unique guided learning experience enables end users to learn while completing real tasks.
  • Quick Start Live events: Quick Start live events enable customers to learn from Oracle experts and ask questions in a live forum.
 

The full suite of Oracle’s free platinum-level SaaS Support Services are now available for North American customers using Oracle ERP Cloud, Oracle EPM Cloud, Oracle SCM Cloud, Oracle HCM Cloud and Oracle CX Cloud.

For additional information on Oracle SaaS Support Services, visit oracle.com

Contact Info
Bill Rundle
Oracle
1.650.506.1891
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.

Safe Harbor Statement

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.

Talk to a Press Contact

Bill Rundle

  • 1.650.506.1891

Oracle Extends Cloud-based Warehouse Management to Give Customers Enhanced Logistics Performance and Global Inventory Visibility

Tue, 2018-06-26 07:02
Press Release
Oracle Extends Cloud-based Warehouse Management to Give Customers Enhanced Logistics Performance and Global Inventory Visibility Improvements to Oracle Warehouse Management Cloud include yard management, enhanced solution extensibility, and integrations to Inventory Management Cloud

Redwood Shores, Calif.—Jun 26, 2018

To help customers reduce logistics costs, optimize inventory levels and improve customer service, Oracle today announced extended Oracle Warehouse Management (WMS) Cloud capabilities. The latest global enhancements offer heightened inventory visibility through yard management and integration with Oracle Inventory Management Cloud, as well as improved extensibility with the addition of new REST Application Programming Interfaces (APIs).

Legacy transportation and warehouse management systems are often unable to provide insight into trailers in the yard, which creates a significant gap into visibility that can lead to fulfillment delays. Oracle WMS Cloud yard management capabilities directly address this challenge, making it easier to locate shipments in trailers in order to expedite unloading for high priority inventory.

Oracle Integration Service (ICS) based integrations between Oracle WMS Cloud and Oracle Inventory Management Cloud will enable Oracle Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) Cloud customers to rapidly implement source-to-settle and order-to-cash flows to improve business responsiveness. The addition of REST web service APIs improves extensibility and enables customers to customize Oracle WMS Cloud for their specific business and industry needs.

“We were consistently running out of inventory and needed a scalable solution that would deliver real-time visibility into inventory to grow our business,” said Eduardo Gonzalez de Boado Halcon, vice president of Supply Chain at Supermercados Peruanos, “Since implementing Oracle WMS Cloud, our stock outs have reduced by 80 percent and our market share has increased by six percent, which equates to a lot of revenue.”

“Today’s eCommerce driven economy has changed customer expectations for fulfillment, and delays or inconsistencies can significantly impact customer satisfaction and loyalty,” said Diego Pantoja-Navajas, vice president, WMS Product Development at Oracle. “The extended capabilities to Oracle WMS Cloud enable companies to gain greater visibility of inventory so they can implement more rapidly, reduce costs, optimize inventory levels and deliver consistent, high-quality customer experience.”

The enhancements further strengthen Oracle’s position as the leader in cloud-based Warehouse Management Systems, and Transportation Management Systems, delivering end-to-end logistics capabilities including Oracle Warehouse Management Cloud, Oracle Transportation Management Cloud, and Oracle Global Trade Management Cloud.

The latest improvements to Oracle WMS Cloud include:

  • Yard Management: Offers organizations inventory visibility into trailers and their contents in the yard. This allows companies to expedite unloading high priority trailers and shipments needed to speed-up order fulfillment.
  • Solution Extensibility: Allows customers/partners to build customized extensions to standard cloud-based WMS capabilities using REST web service application programming interfaces. These tailored functionalities enable personalized timelines to meet specific business requirements while reducing cost.
  • Oracle Inventory Management Cloud Integration: Oracle Integration Service (ICS) based integrations to Oracle Inventory Management Cloud for inbound logistics, inventory operations and outbound fulfillment. This enables Oracle ERP and SCM Cloud customers to implement source-to-settle and order-to-cash flows at an accelerated pace.
  • Improved User Experience: A new browser-based user interface look and feel helps to simplify the user experience.
  • Global Support: Ten additional languages are supported, including traditional Chinese, traditional French, German, Italian, Japanese, Korean, Polish, Russian, Thai and Turkish.
  • Barcode Scanning: Allows processing of multi-element 1D barcodes and 2D barcodes.
Contact Info
Vanessa Johnson
Oracle
+1.650.607.1692
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.

Talk to a Press Contact

Vanessa Johnson

  • +1.650.607.1692

Pharmas Turn to Oracle to Meet New Drug Safety Reporting Regulations in China

Tue, 2018-06-26 07:00
Press Release
Pharmas Turn to Oracle to Meet New Drug Safety Reporting Regulations in China

Shanghai, China—Jun 26, 2018

Luoxin Biotechnology (Shanghai) Co., Ltd. (“Luoxin Bio”) and Innovent Biologics, Inc. (“Innovent Bio”) have selected Oracle Argus to help them comply with new drug safety regulations and reporting in China.

Since 2018 the regulatory landscape for drug safety and pharmacovigilance in China has changed dramatically. The China Food and Drug Administration (CFDA) has been driving reforms to improve the quality of drugs and to encourage innovation in the development of new drugs and medical devices. This change is driving demand for pharmacovigilance and drug safety reporting solutions that can help pharmaceutical and medical device companies meet regulatory demands while shortening time to market for life-altering therapies.

Luoxin Bio has selected Oracle Argus to meet the FDA and CFDA’s regulatory compliance on clinical report submissions for their international study. With Oracle Argus, Luoxin will have a single global safety database and an integrated workflow for superior safety reporting.  

Innovent Bio selected Oracle Argus to eliminate manual processes associated with reporting its adverse events (AEs) and serious adverse events (SAEs). The company’s pharmacovigilance team turned to Oracle Argus to eliminate manual data entry and potential errors on narrative drafting and to automatically track and support changing regulations in various global regions for timely reporting.

Oracle Argus is a comprehensive pharmacovigilance platform that enables biopharma companies to make faster and better safety decisions, optimize global compliance and integrate risk management into key processes.

Contact Info
Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com
Meghan Roman
Blanc and Otus
+1 415.260.1857
meghan.roman@blancandotus.com
About Oracle

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

Trademarks

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

Talk to a Press Contact

Valerie Beaudett

  • +1 650.400.7833

Meghan Roman

  • +1 415.260.1857

Oracle Recognized as a Leader in Email Marketing by Independent Analyst Firm

Mon, 2018-06-25 07:00
Press Release
Oracle Recognized as a Leader in Email Marketing by Independent Analyst Firm Oracle Responsys, part of Oracle Marketing Cloud, cited for up-leveling its operations, tech and creative services

Redwood Shores, Calif.—Jun 25, 2018

Oracle Marketing Cloud has been named a leader in email marketing solutions by Forrester Research. The Forrester Wave™: Email Marketing Service Providers, Q2 2018 recognizes Oracle Responsys for its “great services combined with already strong reporting, collaboration, and global support.” The report also notes Oracle believes up-leveling its “operations, tech, and creative services to its strategy and analytics offerings will differentiate Oracle from other marketing clouds.” A complimentary copy of the full report can be downloaded here.

“If you’ve ever had to create personalized customer experiences across multiple channels, you know how difficult it can be to do this at scale,” said Tony Castiglioni, VP of Product Management, Oracle Marketing Cloud. “By integrating cutting edge technology such as AI into our email personalization and sending capabilities, we empower our clients to improve customer engagements and drive competitive differentiation. In our view, being recognized by Forrester as a leader in this space underscores Oracle’s commitment to delivering robust marketing solutions that help our customers increase ROI and drive more impactful customer experiences.”

According to Forrester, “email marketing [is] the old salt of your digital toolkit, and still the most cost effective promotional channel.” The evaluation criteria in this year’s report focused on email marketing fundamentals as well as capabilities that help marketers advance their email marketing applications. Of the eight vendors Forrester evaluated, Oracle Marketing Cloud was one of two companies recognized as a leader across 26 criteria, which were grouped into three categories: current offering, strategy and market presence. Oracle received the highest possible scores for the collaboration, security, distributed business model support, globalization, agency relationships, strength of management team, and employee retention criteria.

“It’s the combination of the best platform and best services offering—including strategic and creative services—that empowers our customers to do innovative, award-winning and highly profitable digital marketing,” said Lisa Harmon Stephens, VP of Creative Services, Oracle Marketing Cloud. Forrester’s report noted one client reference described the value of balancing “great services combined with already strong reporting, collaboration, and global support,” saying,  “The Oracle platform is more robust [than competitors’]. But its creative side is the key to its success.”

Oracle Responsys is part of Oracle Marketing Cloud, an integrated portfolio of best-in-class B2B and B2C applications that empowers marketers to deliver irresistible, consistent and connected customer experiences that help drive sales and increase brand loyalty. Harnessing the power of artificial intelligence, Oracle Marketing Cloud provides contextually informed, personalized experiences at scale and in real-time so marketers can reach customers wherever they are, and however they choose to engage.

To learn more about Oracle’s position within the Forrester Wave for Email Marketing Solutions, check out the corporate blog. Additional information on Oracle Marketing Cloud can be found at www.oracle.com/marketingcloud/index.html.

Like this story? Tweet this: @Forrester names @Oracle a leader in email marketing and notes its great services combined with already strong reporting, collaboration, and global support. Get the report now https://bit.ly/2IjXtLf

Contact Info
Siobhan Lyons
Oracle PR
650-506-3753
siobhan.lyons@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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Siobhan Lyons

  • 650-506-3753

KCR Streamlines Drug Safety Reporting with Oracle

Mon, 2018-06-25 07:00
Press Release
KCR Streamlines Drug Safety Reporting with Oracle Taps Oracle Argus to grow its pharma, biotech and medical device pharmacovigilance business

Redwood Shores, Calif.—Jun 25, 2018

KCR, a full-service contract research organization (CRO) for pharmaceutical, biotechnology and medical device companies, is improving the way it meets its clients’ pharmacovigilance and drug safety reporting needs with Oracle Argus.

The increase in drug consumption and the rise in drug reactions are fueling the need for improved monitoring and reporting of adverse events during clinical trials and after drug approval. With its eye on growth, KCR is streamlining the recording and tracking of its clients’ serious adverse events (SAEs) reported during clinical studies by leveraging modern technology to replace manual, repetitive data entry.

“Many of our clients are developing breakthrough medications, especially in oncology and CNS, so it is critical that we are able to support their safety reporting needs with a solution to process SAEs to regulatory authorities worldwide,” said Anna Baran, chief medical officer, KCR. ”We need to provide constant expertise on global and local safety requirements and this is the reason we selected Oracle Argus safety and pharmasol’s rapidLIVE. We have been able to dramatically streamline the process of recording, tracking and reporting adverse events during clinical studies and have seen significant increased efficiencies and time savings.”

Oracle Argus provides KCR with a safety database and system that tracks all regulatory submissions giving clients peace of mind by enabling them to meet stringent regulatory compliance mandates. For example, in the European Union, adverse events reported into the European Medicines Agency’s Eudravigilance database must meet the new ICH E2BR3 reporting standard. Oracle Argus enables this seamlessly with a click of a button, helping eliminate manual, time consuming and error-prone processes.

A trusted KCR partner, pharmasol, helped implement the hosted Argus solution using its rapidLIVE Software as a Service solution. 

“We are pleased to report that the time it took from KCR’s selection of Oracle Argus and their full implementation was approximately 7 weeks,” said Tim Billington, pharmasol’s chief sales officer.

Contact Info
Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com
Sarah Heinz
CMG
+ 44(0) 207 067 0424
sheinz@cmgrp.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 KCR

KCR is a Contract Research Organization (CRO) providing clinical development solutions for the pharmaceutical, biotechnology and medical device industries. The company supports clients with full-service capabilities across three main services: Trial Execution (TE), Functional Service Provision (FS) and Late Phase (LP) over a broad range of therapeutic areas. KCR operates across four main regions: North America (NA), Western Europe (WE), Central Europe (CE) and Eastern Europe (EE) with hubs located in Boston, US, Berlin, Germany, Warsaw, Poland and Kiev, Ukraine respectively. The company’s geographical set up suits perfectly to deliver optimized trial execution strategies for life-changing therapies. For more information, visit www.kcrcro.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

Valerie Beaudett

  • +1 650.400.7833

Sarah Heinz

  • + 44(0) 207 067 0424

Expanded Oracle Accelerator Gives Texas Startups a Boost

Fri, 2018-06-22 06:00
Press Release
Expanded Oracle Accelerator Gives Texas Startups a Boost New Austin-based program offers enterprise customer network, mentoring, resources and cloud technology, as well as Capital Factory collaboration, to help startups grow and compete globally

Redwood Shores, Calif.—Jun 22, 2018

Oracle today announced the opening of the Oracle Startup Cloud Accelerator in Austin, Texas, the global program’s first U.S. location and part of the Oracle Global Startup Ecosystem. The new accelerator provides statewide startups with access to a network of more than 430,000 Oracle customers, technical and business mentors, state-of-the-art technology, co-working space at Capital Factory, introductions to partners, talent, and investors, and free Oracle Cloud credits. In addition to local expertise, the program offers an ever-expanding global community of startup peers and program alumni.

Austin Startup Cloud Accelerator

The Oracle Startup Cloud Accelerator, which is open to early-stage technology and technology-enabled startups, is accepting applications through August 7. Startups will begin the six-month program in early September.

Oracle’s Austin Startup Cloud Accelerator is run by JD Weinstein. Weinstein, a former Principal at WPP Ventures and previously a Venture Associate at Capital Factory, brings a deep understanding of the local startup ecosystem and scaling startups through enterprise relationships.

“Austin and the State of Texas are thriving centers of innovation, and we are proud to dive in and support the startup community with cutting edge resources, including enterprise customer channels, hands-on experience with Oracle technical and product teams, mentoring from top business leaders, executives, and investors, as well as connections to thousands of entrepreneurs and corporate partners through our collaboration with Capital Factory,” said JD Weinstein, head of Oracle Startup Ecosystem in Austin.

Capital Factory & Austin Network

Oracle is working with Capital Factory to provide connections to the organization’s expansive network of local entrepreneurs, prominent CEOs, venture capitalists, corporations, and government officials. Startups in Oracle’s accelerator will also receive access to Capital Factory’s Mentor Network, free co-working space, and will benefit from the reach of the organization’s social media and event communities. Members of Oracle’s broader Global Startup Ecosystem will also benefit from the relationship with Capital Factory.

“We are excited that Oracle has invested in Austin as the first U.S. location of its global accelerator,” said Joshua Baer, founder and executive director, Capital Factory. “The combination of our mentor network and Oracle’s cloud platform and customer connections will provide startups a major advantage in growing their business.”

The Startup Cloud Accelerator is supported by Oracle’s rapidly growing presence in Austin. The company recently opened a state-of-the-art campus on Lady Bird Lake. Oracle’s expanding employee base and the new facility will provide additional resources and support for startups in the accelerator program.

Commitment to Global Startups

“Rooted in its own entrepreneurial beginnings, Oracle has long believed that startups are at the heart of innovation,” said Reggie Bradford, senior vice president, Oracle Startup Ecosystem and Accelerator. “The Austin accelerator is key to our mission of creating a global ecosystem of co-development and co-innovation where everyone—the startups, customers, and Oracle—can win.”

The Oracle Global Startup Ecosystem offers residential and nonresidential startup programs, plus a burgeoning higher education program, that power cloud-based technology innovation. The residential Oracle Startup Cloud Accelerator has locations in Austin, Bangalore, Bristol, Delhi–NCR, Mumbai, Paris, São Paulo, Singapore and Tel Aviv. Oracle Scaleup Ecosystem is the nonresidential, virtual-style program available for growing companies around the globe. Interested startups, venture capital firms and other organizations, regardless of their location, can apply for Oracle Scaleup Ecosystem here.

Contact Info
Julia Allyn
Oracle Corporate Communications
+1.650.607.1338
julia.allyn@oracle.com
About Oracle

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

Trademarks

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

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Julia Allyn

  • +1.650.607.1338

Oracle Introduces New Java SE Subscription Offering for Broader Enterprise Java Support

Thu, 2018-06-21 09:00
Press Release
Oracle Introduces New Java SE Subscription Offering for Broader Enterprise Java Support Java SE Subscription Provides Licensing and Support for Java SE on Servers, Desktops, and Cloud Deployments

Redwood Shores Calif—Jun 21, 2018

In order to further support the millions of worldwide businesses running Java in production, Oracle today announced Java SE Subscription, a new subscription model that covers all Java SE licensing and support needs. Java SE Subscription removes enterprise boardroom concerns around mission critical, timely, software performance, stability and security updates. Java SE Subscription complements Oracle’s long-standing and continued free Java SE releases and stewardship of the OpenJDK ecosystem where Oracle now produces open source OpenJDK binaries, enabling developers and organizations that do not need commercial support or enterprise management tools.

Java SE Subscription provides commercial licensing, including commercial features and tools such as the Java Advanced Management Console to identify, manage and tune Java SE desktop use across the enterprise. It also includes Oracle Premier Support for current and previous Java SE versions.  For further details please visit FAQ list at: http://www.oracle.com/technetwork/java/javaseproducts/overview/javasesubscriptionfaq-4891443.html

“Companies want full flexibility over when and how they update their production applications.” Said Georges Saab, VP Java Platform Group at Oracle. “Oracle is the world’s leader in providing both open source and commercially supported Java SE innovation, stability, performance and security updates for the Java Platform. Our long-standing investment in Java SE ensures customers get predictable and timely updates.”

“The subscription model for updates and support has been long established in the Linux ecosystem. Meanwhile people are increasingly used to paying for services rather than products.” said James Governor, analyst and co-founder of RedMonk. “It’s natural for Oracle to offer a monthly Java SE subscription to suit service-based procurement models for enterprise customers.”

"At Gluon we are strong believers in commercial support offerings around open source software, as it enables organizations to continue to produce software, and the developer community to ensure that they have access to the source code." said Johan Vos, Co-founder and CTO of Gluon. "Today's announcement from Oracle ensures those in the Java Community that need an additional level of support can receive it, and ensures that Java developers can still leverage the open-source software for creating their software. The Java SE Subscription model from Oracle is complementary to how companies like Gluon tailor their solutions around Java SE, Java EE and JavaFX on mobile, embedded and desktop."

To learn more about Java SE Subscription, please visit https://www.oracle.com/java/java-se-subscription.html. Java is the world’s most popular programming language, with over 12 million developers running Java. Java is also the #1 developer choice for cloud, with over 21 billion cloud-connected Java virtual machines.

Contact Info
Alex Shapiro
Oracle
+1 415-608-5044
alex.shapiro@oracle.com
About Oracle

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

Trademarks

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

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Alex Shapiro

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Intercollegiate Tennis Association and Oracle Announce Multi-Year Extension

Thu, 2018-06-21 07:00
Press Release
Intercollegiate Tennis Association and Oracle Announce Multi-Year Extension

TEMPE, Ariz. and Redwood Shores, Calif.—Jun 21, 2018

The Intercollegiate Tennis Association and Oracle are excited to announce a multi-year extension to their alliance, as Oracle continues to strengthen its ongoing commitment to collegiate tennis.

The Oracle ITA alliance includes Oracle’s ongoing sponsorship of the Oracle ITA Collegiate Tennis Rankings, the Oracle ITA Masters and Oracle ITA National Fall Championships, while adding title sponsorships to the ITA Summer Circuit (now branded as the Oracle ITA Summer Circuit Powered By UTR) and the Division I and Division III National Team Indoor Championships.

“Our partnership with ITA has been a great success to date, and we’re eager to keep expanding the game,” said Oracle CEO Mark Hurd. “We want to ensure that young players understand that collegiate tennis offers terrific opportunities to improve their games, play in great venues in a team environment, all while getting an education that will serve them well for the rest of their lives.”

ITA CEO Timothy Russell added, “The ITA is thrilled to be continuing our wonderful working relationship with Oracle; an incredibly innovative company with an astonishing forward-thinking CEO. Both parties are committed to positively shaping the future of college tennis. Oracle’s attention to creating events of high distinction, in which the best players in college want to participate and fans want to watch, either in person or from the comfort of their own home via television and live streaming, is elevating our game.”

The newly-christened Oracle ITA Summer Circuit Powered by UTR will serve as a model for level-based play in the near 50 tournaments contested during the Summer Circuit’s six-week duration. The Oracle ITA Summer Circuit Powered by UTR, which began in 1993, provides college tennis players, along with junior players, alumni and young aspiring professionals, the opportunity to compete in organized events during the summer months. For the third consecutive year, the Oracle ITA Summer Circuit Powered by UTR will feature nearly 50 tournaments across 23 different states, during a six-week stretch from late June to the end of July. The circuit will culminate at the ITA National Summer Championships, hosted by TCU from August 10-14, which will feature prize money for the first time.

“The ITA Summer Circuit is yet another great opportunity to influence the quality of American tennis and Oracle is excited to play a part in it,” said Hurd. “The summer circuit is the ideal opportunity for all players, from collegians to juniors, to play competitively year-round.”

Oracle will now have an expanded presence in the dual-match portion of the college tennis schedule by becoming the title sponsor of all four National Team Indoor Championships. Contested during the months of February and March, the Oracle ITA National Team Indoor Championships feature 16 of the nation’s top men’s and women’s teams from Division I, and eight highly-ranked men’s and women’s Division III teams vying for a national indoor title.

“We are excited that Oracle will serve as the title sponsor for the National Team Indoor Championships,” said Russell. “The National Team Indoor Championships feature elite fields and stand as a good season-opening barometer for how the dual-match season will play out.”

Serving as the culmination to the fall season, the Oracle ITA National Fall Championships will take place November 1-5, 2018, at the Surprise Tennis & Racquet Complex in Surprise, Arizona, which recently hosted the 2018 NCAA Division II National Championships and previously hosted the 2016 ITA Small College Championships.

The Oracle ITA National Fall Championships features 128 of the nation’s top collegiate singles players (64 men and 64 women) and 64 doubles teams (32 men’s team and 32 women’s teams). In its second year, having replaced the ITA National Indoor Intercollegiate Championships, it is the lone event on the collegiate tennis calendar to feature competitors from all five divisions playing in the same tournament.

Created in 2015, the Oracle ITA Masters has established itself as one of the premier events of the collegiate tennis season. The Oracle ITA Masters features singles draws of 32 for men and women, and a mixed doubles event with a 32-draw. Players are chosen based upon conference representation, similar to the NCAA Tournament.

Contact Info
Deborah Hellinger
Oracle Corporate Communications
212-508-7935
deborah.hellinger@oracle.com
Dan Johnson
ITA Marketing and Communications
303-579-4878
djohnson@itatennis.com
About the ITA

The Intercollegiate Tennis Association (ITA) is committed to serving college tennis and returning the leaders of tomorrow. As the governing body of college tennis, the ITA oversees women’s and men’s varsity tennis at NCAA Divisions I, II and III, NAIA and Junior/Community College divisions. The ITA administers a comprehensive awards and rankings program for men's and women’s varsity players, coaches and teams in all divisions, providing recognition for their accomplishments on and off the court. For more information on the ITA, visit the ITA website at www.itatennis.com, like the ITA on Facebook or follow @ITA_Tennis on Twitter and Instagram.

About Oracle

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

Trademarks

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

Talk to a Press Contact

Deborah Hellinger

  • 212-508-7935

Dan Johnson

  • 303-579-4878

Bourbon Ibirapuera Streamlines Property Operations, Creates New Guest Experiences with Oracle Cloud

Wed, 2018-06-20 08:00
Press Release
Bourbon Ibirapuera Streamlines Property Operations, Creates New Guest Experiences with Oracle Cloud Brazilian Hotel Implements Integrated Suite of Hospitality, ERP and CX

Redwood Shores, Calif.—Jun 20, 2018

Oracle today announced that Bourbon Ibirapuera has selected a suite of Oracle solutions including OPERA and Simphony Cloud, Fusion ERP, OPERA Loyalty, OPERA OWS, Oracle Sales Cloud, Eloqua and Hyperion as part of an initiative to streamline operations across properties and arm hotel associates with new insights that inform personalized guest experiences. Bourbon Ibirapuera initially invested in OPERA Cloud, Simphony Cloud and ERP Cloud solutions before adding Oracle Sales Cloud and Eloqua products for a full suite of operations, back-office and customer facing technologies. Bourbon Ibirapuera will be the first hotel in Brazil to install these solutions and arm staff with cloud tools that enable deeper guest interaction and loyalty.

“Bourbon Ibirapuera’s choice of Oracle is a testament to the value that Oracle horizontal and vertical products bring to all segments of the hospitality market,” said Bernard Jammet, senior vice president, Oracle Hospitality. “With these new tools Bourbon Ibirapuera will be able to augment their guest experience and compete with larger chains and properties in region.”

“The hospitality industry as a whole spends too much time and effort managing multiple vendors and building integrations across solutions to maximize the value from IT investments,” said John Chen, CEO, Bourbon Ibirapuera. “After an initial investment in OPERA and Simphony Cloud we quickly realized the value of investing in a suite of solutions with existing integrations. With our new suite of solutions we are arming our business with deeper insights to empower informed management decisions, streamlining the reservation process and optimizing hotel operations in an integrated way.”

As a longtime customer of Oracle Hospitality, Bourbon Ibirapuera’s experience with OPERA delivering value for hospitality operations established Oracle as a clear front runner for the upgrade project. A phased integration approach, first focusing on the back end operational infrastructure before adding new marketing tools, allowed Bourbon Ibirapuera to effectively manage digital transformation and prepare staff for a cloud transition. Bourbon Ibirapuera’s implementation will also bring several new customer-facing features to the region including web and mobile check-in and more targeted incentives for new or repeat guests including personalized rates and promotions.

Bourbon Ibirapuera will bring these point of sale, online reservation, financial and budget planning and CRM and marketing tools online in June 2018 after a four month implementation process.

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 oracle.com

About Oracle Hospitality

Oracle Hospitality brings 35 years of experience in providing technology solutions to food and beverage operators and hoteliers. We provide hardware, software, and services that allow our customers to deliver exceptional guest experiences while maximizing profitability. Our solutions include integrated point-of-sale, loyalty, reporting and analytics, inventory and labor management, all delivered from the cloud to lower IT cost and maximize business agility.

For more information about Oracle Hospitality, please visit www.oracle.com/Hospitality

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 415-595-1584

St. HOPE Accelerates Mission to Support Sacramento Youth

Wed, 2018-06-20 08:00
Press Release
St. HOPE Accelerates Mission to Support Sacramento Youth Nonprofit Founded by Former NBA All-Star and Sacramento Mayor Turns to NetSuite to Support Growth Beyond the Classroom

SAN MATEO, Calif.—Jun 20, 2018

 

St. HOPE, a nonprofit community development corporation, has leveraged Oracle NetSuite to support its mission to create one of the finest urban pre-kindergarten through 12th grade public school systems in the United States. With NetSuite SuiteSuccess for Nonprofits, St. HOPE has been able to streamline critical business functions in order to focus its time and resources on providing high quality public education and creating living-wage sustainable jobs.

Founded by former NBA All-Star and Sacramento mayor Kevin Johnson in 1989, St. HOPE began as a single, portable classroom that served as an afterschool program for Sacramento High School students. Today, it serves 1,800 students through five charter schools and manages residential properties as well as an Art and Cultural Center that includes a cafe, bookstore, barbershop, art gallery and 200-seat theater. The charter school network focuses on students from urban communities and aims to graduate self-motivated, industrious and critical-thinking leaders who are committed to serving others, passionate about lifelong learning and prepared to earn a degree from a four-year college.

“As we found success with the schools, the organization realized that we had an opportunity to do more in the community,” said Julian Love, chief financial officer, St. HOPE Community Development. “That meant we needed a system that could better track and manage finances. SuiteSuccess fit exactly what we needed.”

With the preconfigured roles, dashboards and nonprofit industry best practices within SuiteSuccess, St. HOPE has been able to shorten payroll processes by 87 percent, digitize and gain greater control over purchasing processes, and achieve real-time visibility into its financial performance. As a result, St. HOPE has been able to manage the increasing business complexity presented by its growth and expanding scope. St. HOPE selected NetSuite SuiteSuccess for Nonprofits in March 2017 and went live with a full-fledged Enterprise Resource Planning (ERP) system in less than three months.

“NetSuite has a proud history of helping organizations in the nonprofit sector,” said David Geilhufe, Senior Director, Social Impact & Nonprofit, Oracle NetSuite. “With SuiteSuccess, we’re able to help thriving organizations like St. HOPE to quickly and easily manage critical business functions so they can focus on their mission and on helping the community.”

Contact Info
Danielle Tarp
Oracle NetSuite Corporate Communications
650-506-2904
danielle.tarp@oracle.com
About St. HOPE

St. HOPE began in 1989 in a portable classroom at Sacramento High School as an after-school program named St. HOPE Academy. Founded by NBA All-Star and Oak Park native Kevin Johnson, St. HOPE is a nonprofit community development corporation whose mission is to revitalize the Oak Park community through public education, and economic development. Learn more at www.sthope.org.

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

he 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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Danielle Tarp

  • 650-506-2904

Oracle Utilities Ranks No. 1 in Home Energy Management

Wed, 2018-06-20 07:00
Press Release
Oracle Utilities Ranks No. 1 in Home Energy Management Navigant names Oracle the leader in customer engagement and demand side management technology

Redwood Shores, Calif.—Jun 20, 2018

Oracle, the largest provider of cloud technology for the utility industry once again earned the top spot in a Navigant Research Leaderboard report that ranks companies in the home energy management (HEM) space. Oracle Utilities, which acquired Opower in 2016, received the highest ranking in this 2018 report due to significant market penetration of its home energy management solution across 100 utilities and its ability to offer utility companies a comprehensive, end-to-end utility software solution at scale around the world.

“This is significant validation of our continued leadership and support of our utility customers,” said Rodger Smith, SVP and general manager of Oracle Utilities. “Since acquiring Opower we have continued to innovate in the rapidly evolving home energy management market to deliver the strongest results in the category. Our investment in scalable solutions that connect every customer enables tighter customer-to-grid integration for the utility of the future.”

Prior to joining Oracle, Opower has been consistently ranked as the top provider since Navigant introduced the HEM Leaderboard, due to its leading capabilities in this category including home energy reports, behavioral demand response, smart meter and rates engagement, billing insights and alerts and embeddable online tools.

“Home energy management (HEM) is a broad market of technologies and services that consumers use to better manage and control their home energy consumption and production. With the development of the smart home and connected devices, energy management has become a critical part of the digitization of the home. Oracle Utilities’ Opower solutions are at the forefront of monitoring energy usage, demand side management programs and increasing customer engagement to increase energy efficiency,” said Paige Leuschner, Research Analyst at Navigant.

The Navigant Research Leaderboard Report examines the strategy and execution of 14 companies that offer HEM software solutions and rates them on 10 criteria: vision, go-to-market strategy, partners, technology, geographic reach, sales and marketing, product performance, product portfolio and integrations, pricing, and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked to provide an objective assessment of each company’s relative strengths and weaknesses in the global HEM market.

Contact Info
Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com
Wendy Wang
H&K Strategies
+1 979 216 8157
wendy.wang@hkstrategies.com
About Oracle Utilities

Oracle Utilities delivers business critical applications that help electric, gas and water utilities worldwide enhance customer experience, increase operational efficiency and achieve performance excellence. Our customer care and billing, network management, work and asset, field services, meter data management and analytics solutions integrate with Oracle’s leading enterprise applications, BI tools, middleware, database technologies, servers and storage. We are the largest provider of cloud services in the industry today, serving the entire utility value chain from the grid to the meter to end customers. Our software enables customers to adapt more nimbly to market deregulation, meet ever-evolving customer demands, and deliver on energy efficiency commitments. Find out how we can become your trusted advisor—visit www.oracle.com/utilities.

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

Valerie Beaudett

  • +1 650.400.7833

Wendy Wang

  • +1 979 216 8157

Q4 FY18 GAAP EPS UP 8% TO $0.82 and NON-GAAP EPS UP 11% TO $0.99

Tue, 2018-06-19 14:21
Press Release
Q4 FY18 GAAP EPS UP 8% TO $0.82 and NON-GAAP EPS UP 11% TO $0.99 Q4FY18 Total Revenue Up 3% to $11.3 Billion and FY18 Total Revenue Up 6% to $39.8 Billion

Redwood Shores, Calif.—Jun 19, 2018

Oracle Corporation (NYSE: ORCL) today announced fiscal 2018 Q4 results and fiscal 2018 full year results. In Q4, Total Revenues were up 3% to $11.3 billion compared to Q4 last year. Q4 Cloud Services and License Support revenues were up 8% to $6.8 billion. Q4 Cloud License and On-Premise License revenues were down 5% to $2.5 billion.

Q4 GAAP Operating Income was up 8% to $4.4 billion, and GAAP Operating Margin was 39%. Q4 Non-GAAP Operating Income was up 6% to $5.3 billion, and non-GAAP Operating Margin was 47%. Q4 GAAP Net Income was $3.4 billion, and non-GAAP Net Income was $4.1 billion. Q4 GAAP Earnings Per Share was up 8% to $0.82, while non-GAAP Earnings Per Share was up 11% to $0.99.

At the end of Q4, short-term deferred revenues were up 2% to $8.4 billion, while Operating Cash Flow on a trailing twelve-month basis was up 9%, or $1.3 billion, to a record $15.4 billion.

For the full fiscal year 2018, Total Revenues were up 6% to $39.8 billion compared to fiscal 2017. FY18 Cloud Services and License Support revenues were up 10% to $26.3 billion. FY18 Cloud License and On-Premise License revenues were down 4% to $6.2 billion.

FY18 GAAP Operating Income was up 8% to $13.7 billion, and GAAP Operating Margin was 34%. FY18 Non-GAAP Operating Income was up 9% to $17.6 billion, and non-GAAP Operating Margin was 44%. FY18 GAAP Net Income was $3.8 billion, and non-GAAP Net Income was $13.2 billion. FY18 GAAP Earnings Per Share was $0.90, while Non-GAAP Earnings Per Share was $3.12.

“Last year, I forecast double-digit non-GAAP earnings per share growth for FY18 and we delivered 14% growth this year, largely driven by strong growth in our cloud businesses,” said Oracle CEO, Safra Catz. “Looking ahead to FY19, I expect revenue growth will enable us to deliver double-digit non-GAAP earnings per share growth once again.”

“We had a great fourth quarter with total revenues more than $200 million above our constant currency forecast,” said Oracle CEO, Mark Hurd. “Our strategic Fusion ERP and HCM SaaS cloud applications suite revenues grew over 50% in the fourth quarter, and we expect continued strong growth from our Fusion SaaS suites throughout FY19.”

“Some of our largest customers have now begun the process of moving their on-premise Oracle databases to the Oracle Cloud,” said Oracle Chairman and CTO, Larry Ellison. “For example, AT&T is moving thousands of databases and tens of thousands of terabytes of data into the Oracle Cloud. We think that these large scale migrations of Oracle database to the cloud will drive our PaaS and IaaS businesses throughout FY19.”

The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 17, 2018, with a payment date of July 31, 2018.

Q4 Fiscal 2018 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q4 results and fiscal 2018 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Pass Code: 6866209.

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

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

Trademarks

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

“Safe Harbor” Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our expectations for future growth in revenues, non-GAAP earnings per share and our Fusion SaaS suite of products, and our beliefs that large scale customer cloud migrations will drive our PaaS and IaaS businesses in FY19, are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, enhance and improve our products and support services in a timely manner or position and price our products and services to meet demand, customers may not buy cloud licenses and on-premise licenses, cloud services or hardware products or purchase or renew support contracts. (3) If the security measures for our products and services are compromised or if our products and services contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and reduced sales. (4) 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. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. (7) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. 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 June 19, 2018. Oracle undertakes no duty to update any statement in light of new information or future events. 

Talk to a Press Contact

Ken Bond

  • +1.650.607.0349

Deborah Hellinger

  • +1.212.508.7935

Oracle Hospitality OPERA Reporting and Analytics Cloud Service Arms Hoteliers with Critical Insights to Improve Operational Efficiencies and Create Rewarding Guest Experiences

Tue, 2018-06-19 08:00
Press Release
Oracle Hospitality OPERA Reporting and Analytics Cloud Service Arms Hoteliers with Critical Insights to Improve Operational Efficiencies and Create Rewarding Guest Experiences New Analytical Tools Empower Corporate Revenue Managers, Property General Managers and Front Desk Managers to Make More Strategic Decisions

Redwood Shores, Calif.—Jun 19, 2018

Oracle Hospitality today unveiled OPERA Reporting and Analytics Cloud Service, a new offering providing hotel management with access to business data and performance metrics, intuitive data visualization and customized reporting. OPERA Reporting and Analytics Cloud Service is powered by Oracle Business Intelligence (OBI) an industrial-strength analytics engine known for its capability to develop, design and deploy reports that is used by Fortune 100 organizations to leapfrog their competitors. With Oracle Business Intelligence at the core, OPERA Reporting and Analytics Cloud Service empowers corporate hotel executives and front-desk staff to make more strategic decisions that optimize operational efficiency, enhance guest experience, and drive continued revenue.

“OPERA Reporting and Analytics was developed with the goal of simplifying reporting, creating a common reporting platform for both our restaurant and hotel customers and integrating with OPERA platform to provide actionable insights to the hospitality industry faster than ever,” said Laura Calin, vice president strategy and solutions, Oracle Hospitality. “With these new tools hotel staff at every level can make more accurate and strategic decisions that align to corporate growth objectives while enabling meaningful guest interactions that enhance guest loyalty.”

OPERA Reporting and Analytics enables smarter decisions and better forecasts by allowing management to easily analyze and visualize data on property financial performance, guest profiles, reservations, room rates and revenue metrics, restaurant sales, catering events, and blocks. The solution can be fully customized to reflect performance indicators and metrics unique to individual properties and multiple tiers of hotel staff.

Empowering Staff at Every Level to Execute Better

OPERA Reporting and Analytics provides hotel staff at all levels to drive revenue and better guest experiences with a variety of use cases including:

  • Allowing corporate and area revenue managers to analyze performance across multiple properties in a region and understand the factors that cause revenue to fluctuate year to year.
  • Providing general managers with deep analysis of daily operations and measurement against room revenue, food and beverage revenue and occupancy which can be aligned with monthly, quarterly and annual performance goals.
  • Empowering front desk management to offer better guest experience by accelerating guest check-in and prioritizing room availability for loyal or VIP guests with near real-time perspective on departures and room inventory.

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 Hospitality

Oracle Hospitality brings 35 years of experience in providing technology solutions to food and beverage operators and hoteliers. We provide hardware, software, and services that allow our customers to deliver exceptional guest experiences while maximizing profitability. Our solutions include integrated point-of-sale, loyalty, reporting and analytics, inventory and labor management, all delivered from the cloud to lower IT cost and maximize business agility.

For more information about Oracle Hospitality, please visit www.oracle.com/Hospitality

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 above 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.

Talk to a Press Contact

Matt Torres

  • 415-595-1584

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