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Oracle and PwC Team Up to Offer Unparalleled IFRS 9 Compliance Expertise

Oracle Press Releases - Tue, 2017-01-17 11:00
Press Release
Oracle and PwC Team Up to Offer Unparalleled IFRS 9 Compliance Expertise This Collaboration Enables Banks to More Easily Navigate Adoption of New Reporting Standard

Redwood Shores, Calif.—Jan 17, 2017

Oracle Financial Services Analytical Applications and PwC announced today a global collaboration to offer premium technology, implementation and consulting solutions to help financial institutions meet near-term and ongoing compliance with the International Accounting Standards Board’s (IASB) new IFRS9 and FASB’s proposed CECL reporting standards.

The collaboration will pair Oracle’s software and analytical solutions, which provide pre-built rules, methods and reports, with PwC’s compliance consulting and implementation expertise. Together, the two companies will provide financial services clients with full line of sight into all needs related to the new IFRS 9 accounting standard that banks must comply with by 2018.

Oracle will provide analytical applications with pre-built models and rules that can be configured, during implementation, to specific customer requirements. PwC, a Diamond and Cloud Elite member of Oracle PartnerNetwork, will provide consulting advice on IFRS9 methodologies and implementation of the Oracle’s analytical applications to help its clients implement IFRS9 solution.

“IFRS 9 implementation poses a significant challenge for financial institutions, and failure to manage it well can have a material impact on their bottom line,” said Sonny Singh, senior vice president and general manager, Financial Services Global Business Unit, Oracle. “By partnering with PwC, we can provide our clients a comprehensive technological solution, as well as deep strategic insight, that’s unmatched in the marketplace.”

Among the key features of Oracle and PwC’s IFRS9 compliance offering are:

  • Pre-built rules analytical & models for addressing key IFRS 9 requirements including stage identification, cash flow calculation, PD term structure modelling & ECL calculation
  • Unified platform with a modular design that allows for easier extension of existing client technology, as well as the flexibility to integrate related regulatory and accounting applications
  • Ability to identify and implement rules for account-level stage allocation
  • Development, calibration and implementation of models for calculating expected loss provisions across all asset categories including POCI assets
  • Cutting-edge credit risk models for point-in-time PD adjustment, lifetime PD, LGD, EAD and macroeconomic factors, EIR/EIS and credit adjusted EIR
  • Tools to help ensure technology environments are more effective and efficient through industry benchmarking and standardization

“Financial institutions are already relying on PwC and Oracle to makes sense of IRFS 9 compliance,” said Colin Brereton, senior partner and IFRS9 global leader at PwC. “Now, our industry-specific business-process insight coupled with Oracle’s technology provides a best-in-class IFRS 9 solution. Together, we bring the right blend of experience and acumen to meet financial institutions’ unique compliance needs.”

Contact Info
Alex Moriconi
Oracle
+1-650-722-0678
Alex.Moriconi@Oracle.com
Christopher J Ward
PwC - Global
+44(0)7843367375
christopher.j.ward@pwc.com
Dario Cziráky
PwC - UK
+44(0)7702699200
Dario.Cziraky@pwc.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.

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

About Oracle PartnerNetwork

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

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

Trademarks

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

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

Safe Harbor

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

Talk to a Press Contact

Alex Moriconi

  • +1-650-722-0678

Christopher J Ward

  • +44(0)7843367375

Dario Cziráky

  • +44(0)7702699200

SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence

Oracle Press Releases - Tue, 2017-01-17 08:00
Press Release
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence Oracle Retail Assortment Planning Enables SKECHERS to Optimize and Strategically Plan Their Merchandise assortments

Redwood Shores, Calif.—Jan 17, 2017

Oracle announced today that SKECHERS USA, Inc., a $3 billion global leader in performance and lifestyle footwear, has implemented Oracle Retail Assortment Planning to ensure inventory and assortments are localized to meet consumer demand. The impacted product range includes comfort-focused, trend-right product for men, women and kids, as well as footwear collections from the Skechers Performance Division. The Oracle implementation is part of SKECHERS retail stores’ overall business improvements, designed to support continued store growth while expanding market penetration.

“Oracle allows our merchants and planners to deliver tailored assortments - by grouping collections, styles, and colors appropriately to ultimately meet consumer demand in markets nationwide,” said George Zelinsky, President of Retail, SKECHERS. “Oracle Retail Assortment Planning fits well within the SKECHERS business model, meeting our need for increased shopping speed and efficiency.”

Oracle Retail Assortment Planning gives merchants and planners the tools needed to consider a wide range of complex variables—allowing users to make decisions more efficiently based on relevant market data, including the measure of inventory, quantity of SKUs, and product seasonality. By utilizing Oracle’s system, SKECHERS can better anticipate demand for specific items and have greater confidence in the profit potential of every inventory assortment decision.

“Oracle provides industry-leading retail science and best practices to empower retailers to efficiently and effectively increase sales and improve margins,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “SKECHERS reigns over a robust, diverse global market and we are pleased to provide the tools to drive performance as they grow their retail presence.”

Oracle Retail at NRF 2017

Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017 Oracle Retail at NRF 2017

Contact Info
Matthew Torres
Oracle
+1.415.595.1584
matt.torres@oracle.com
Jennifer Clay
Skechers
+1.310.937.1326
Jennc@skechers.com
About Oracle

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

About SKECHERS USA, Inc.

SKECHERS USA, Inc. (NYSE:SKX) based in Manhattan Beach, California, designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. SKECHERS footwear is available in the United States and over 160 countries and territories worldwide via department and specialty stores, more than 1,710 SKECHERS Company-owned and third-party retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, throughout Europe and Latin America. For more information, please visit skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).

Trademarks

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

Safe Harbor

This announcement contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences are referenced or incorporated by reference in the companies’ respective annual reports on Form 10-K for the year ended December 31, 2015 and their quarterly reports on Form 10-Q for the three months ended September 30, 2016. The risks included in those reports are not exhaustive. The companies operate in very competitive and rapidly changing environments. New risks emerge from time to time and the companies cannot predict all such risk factors, nor can the companies assess the impact of all such risk factors on their respective businesses or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance. 

Talk to a Press Contact

Matthew Torres

  • +1.415.595.1584

Jennifer Clay

  • +1.310.937.1326

Oracle Cloud Platform Expands to Help More Organizations Build and Deploy High-Performance Applications

Oracle Press Releases - Tue, 2017-01-17 07:00
Press Release
Oracle Cloud Platform Expands to Help More Organizations Build and Deploy High-Performance Applications Organizations can now run enterprise-class Oracle Database workloads on an even broader array of IaaS options for outstanding performance and unparalleled flexibility

Oracle CloudWorld, New York—Jan 17, 2017

Continuing its rich history of delivering game-changing cloud services, Oracle today unveiled new enhancements to the Oracle Cloud Platform, making it even more compelling for customers to move business-critical applications to the cloud. The company announced two industry firsts: the availability of the Oracle Database Cloud Service on bare metal compute, and new virtual machine (VM) compute, load balancing, and storage capabilities, all on the same low latency, high performance modern IaaS platform. With these enhancements, Oracle Cloud Platform now delivers differentiated database performance at every scale, and deeply integrated IaaS capabilities, for customers of any size to easily develop, test, and deploy their business-critical applications in the cloud.

“These latest investments in the Oracle Cloud Platform provide a clear path to develop, test, and scale applications—with the Oracle Database or third-party databases. We offer customers the most comprehensive approach to moving to the cloud and accelerating their business strategies,” said Thomas Kurian, president, product development, Oracle. “Oracle provides the broadest and strongest choice of relational database cloud services that are 100 percent compatible with applications deployed on-premises, making it easy for customers to seamlessly move enterprise workloads to the cloud.”

The Oracle Database Cloud Service, both on virtualized and high performance bare metal compute servers is ideal for development, testing, and deployment of enterprise workloads. The recently announced Oracle Database Exadata Express Cloud Service offers customers a low cost, fully managed service ideal for developers, business analysts, and midsized organizations. The Oracle Database Exadata Cloud Service delivers unparalleled performance for mission-critical data warehousing and transactional database workloads. Additionally, Oracle’s industry leading infrastructure platform design and uniquely differentiated network allow Oracle customers running Oracle Database on this modern IaaS platform to achieve over 50 times performance compared to any of the leading cloud database providers.*

“mFrontiers provides enterprise mobility management as a cloud service for enterprise customers. We find the Oracle Cloud Platform to be easy to use and truly elastic for provisioning and scaling out to additional customers. We’re especially impressed by the ability to scale Oracle Database performance up or down on Oracle IaaS, without interruption, a key requirement to maximize efficiency and availability,” said Michael Ottoman, president and COO at mFrontiers.

Further enhancing the Oracle Cloud Platform, new IaaS services expand support for web-scale and enterprise applications. Oracle IaaS now offers one, two, and four-core virtual machine (VM) shapes, which run on the same low latency, high performance Virtual Cloud Network (VCN) as its bare metal compute shapes, block volumes, and object storage. This is an industry first. In addition, a new Load Balancing Service adds three provisioned bandwidth shapes—100Mbps, 400Mbps, and 8Gbps—supporting a range of application traffic, high availability, and security needs. Other enhancements include a new block storage shape (2TB) and encryption-at-rest for object storage.

“The Oracle Cloud Platform provides superior performance in terms of price, predictability, and throughput, with a low cost pay-as-you-go cloud model,” said Sam Mahalingam, chief technical officer, Altair. “We are delighted to partner with Oracle to provide High Performance Computing (HPC) solutions with Altair's PBS Works for the Oracle Cloud.”

Oracle Cloud

Oracle Cloud is the industry’s broadest and most integrated public cloud, offering a complete range of services across SaaS, PaaS, and IaaS. It supports new cloud environments, existing ones, and hybrid, and all workloads, developers, and data.  The Oracle Cloud delivers nearly 1,000 SaaS applications and 50 enterprise-class PaaS and IaaS services to customers in more than 195 countries around the world and supports 55 billion transactions each day.

For more information, please visit us at http://cloud.oracle.com.

* For further detail on the performance comparison to AWS RDS db.m4.10x large using Provisioned IOPS storage, please see the following: http://docs.aws.amazon.com/AmazonRDS/latest/UserGuide/CHAP_Storage.html

Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA

Oracle Press Releases - Tue, 2017-01-17 07:00
Press Release
Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA Supports customer and partners with unprecedented levels of performance and availability for their most demanding cloud applications

Oracle CloudWorld, New York—Jan 17, 2017

Continuing its commitment to its cloud customers through extensive engineering and infrastructure investments, Oracle today announced plans to bring three new Regions online over the next six months. The regional expansion of Oracle’s cloud footprint will include Reston, Virginia; London, UK; and Turkey. The new Regions are expected to come online by mid-2017. With this expansion, Oracle will have doubled the regional presence of its cloud platform in the last 24 months, with 29 Regions available globally. Additional Regions are planned to come online in APAC, North America, and the Middle East through mid-2018.   

Organizations are turning to Oracle at record-rates to build, deploy, and extend game-changing applications and run business-critical workloads in a low-latency, highly available, reliable and secure cloud environment. Today, customers in 195 countries are running their most demanding applications on the Oracle Cloud Platform. 

“Oracle is committed to building the most differentiated Cloud Platform that delivers on the requirements of a wide array of customer workloads,” said Deepak Patil, vice president of development, Oracle Cloud Platform. “This regional expansion underscores our commitment to making the engineering and capital investments required to continue to be a global large scale cloud platform leader.”

Each of Oracle’s planned new cloud regions will consist of a minimum of three high bandwidth, low latency sites – or Availability Domains (ADs). These ADs are to be located several miles from each-other and operate in a completely fault-independent manner. This unique, differentiated approach provides the highest levels of failure protection and availability to Oracle customers’ most demanding cloud applications. Availability Domains are deeply integrated into the Oracle Cloud Platform, easing use and eliminating complex architectural decision-making around availability.

“We’ve been consistently impressed with the speed, availability and price of Oracle’s Bare Metal Cloud. This has, in turn, helped us grow our business across the world,” said Gareth Williams, CEO, YellowDog. “The new EMEA Regions will enable us to offer an improved service to our high-end customers in Europe who look to YellowDog to deliver not only super-fast, super-secure and high availability cloud rendering, but also super-low latency.”

Oracle Cloud

Oracle Cloud is the industry’s broadest and most integrated public cloud, offering a complete range of services across SaaS, PaaS, and IaaS. It supports new cloud environments, existing ones, and hybrid, and all workloads, developers, and data.  The Oracle Cloud delivers nearly 1,000 SaaS applications and 50 enterprise-class PaaS and IaaS services to customers in more than 195 countries around the world and supports 55 billion transactions each day.

For more information, please visit us at http://cloud.oracle.com.

Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

Oracle Cloud Continues Exceptional Customer Momentum

Oracle Press Releases - Tue, 2017-01-17 07:00
Press Release
Oracle Cloud Continues Exceptional Customer Momentum Customers of all sizes and from all industries drive innovation and accelerate success with Oracle Cloud

Oracle CloudWorld, New York—Jan 17, 2017

Oracle today announced that the Oracle Cloud continues to experience unparalleled growth, adding thousands of customers in Q2 FY17. Leading organizations across more than 195 countries and countless industries rely on Oracle Cloud to help reduce cost and complexity, while gaining a competitive advantage in their respective markets.  Oracle Cloud today manages more than 55 billion transactions each day for companies ranging from Fortune 500s to emerging challengers, including Brinks, Doosan, Falkonry, G&J Pepsi Bottling, GE, Pernod Ricard, RadioShack, Safe Ports, T-Mobile, Trek, University of Kansas, and Wake Forest Baptist Medical Center.

“Leading organizations are looking to Oracle for comprehensive cloud solutions that enable them to quickly integrate, customize, and extend as they continue migrating their business to the cloud,” said Thomas Kurian, president, product development, Oracle. “With the Oracle Cloud, customers are offered unrivaled choice and flexibility for their critical business workloads and applications.”

Oracle continues to see explosive customer adoption with more and more organizations moving their most demanding cloud applications to the Oracle Cloud. Organizations are turning to Oracle at record-rates to build, deploy and extend game-changing applications and run business-critical workloads in a low-latency, highly available, more reliable and secure cloud environment. Oracle is increasing its commitment to cloud customers through extensive infrastructure investments including the global expansion of its Regions to deliver Oracle Cloud services. Oracle Cloud is the industry’s broadest and most integrated public cloud, including SaaS, PaaS, and IaaS. In the past two years alone, Oracle has delivered more than 50 PaaS and IaaS services to market and introduced new deployment options like Oracle Cloud at Customer, providing unparalleled opportunity for customers.

Customers Drive Innovation and Business Transformation with Oracle Cloud

“As one of the largest family-owned and operated Pepsi franchise bottlers that employs more than 1,650 people at multiple locations across different production facilities, we needed a better way to drive efficiencies and engage with employees,” said Christina Walker, Executive Vice President, Human Resources, G&J Pepsi-Cola Bottlers, Inc. “Oracle HCM Cloud did just that—improving our HR management efficiency by boosting recruiting and onboarding effectiveness so we could identify top talent faster and more cost efficiently, leveraging social media to increase candidate pools from 20 to up to 300 people for a job, and delivering self-service capabilities for employees while also giving managers instant access to updated HR information needed to effectively manage their teams. All of this while being intuitive and eliminating the hassle of excess paperwork. Oracle has helped transform the role of human resources in the organization from recordkeeping to a true strategic business partner.”

“GE is transforming from an industrial business to the leading digital industrial and a top 10 software vendor. Cloud adoption is critical for this transformation as GE Digital markets its industrial internet cloud,” said Pradeep Juttu, director of Integration Architecture at GE Digital. “As we embarked on implementing, we needed a partner who would join us in this transformation as we looked to implement an ERP Cloud, and Oracle is that partner—Oracle SaaS and PaaS (Oracle ERP Cloud, Oracle CPQ Cloud, and Oracle Integration Cloud) have become vital to GE Digital’s business operations.”

“With a staff of less than 100 people, we rely on third-party vendors to manage many of our technology systems. When one of the vendors needed to be replaced, we standardized on Oracle as other vendors failed to meet our needs,” said Brian Vogelsmeier, Director of Information Technology, MCH Strategic Data. “We selected Oracle Cloud—Oracle Database Cloud Service, Oracle Compute Cloud Service and Oracle Storage Cloud Service—for our in-house application development and testing environment in order to provision new database environments fast, accelerate time to market from months to weeks, scale to meet business growth and increased workloads, and securely share data with clients.”

“By deploying our Oracle Retail Merchandising System on Oracle Cloud Infrastructure as a Service and Platform as a Service, we are able to reduce our physical server footprint and get faster access to new releases. The end result is better performance and lower costs,” said David Rawls, vice president of technology, RadioShack. “We also can extend compute power at the click of a button, which is especially important during the holiday surge. The bottom line is very powerful—Oracle Cloud delivers greater stability, security, flexibility, and simplicity.

“We use Oracle Cloud Infrastructure as a Service to quickly provision Oracle workloads, as well as install custom-built applications for non-Oracle workloads,” said Sergei Petrov, CTO, Safe Ports. “The communication and integration between the two is seamless because they run on the same environment and gives us a major advantage.”

“Our mission is to continue to be the world’s best bicycle company and for us, that goes well beyond the bike itself. Continuing to modernize our offerings to deliver the best customer experience is critical,” said Girish Washikar, Global ERP Technical Manager, Trek Bicycle Corporation. “Using Oracle SOA Cloud and Oracle Developer Cloud Services, as well as Oracle’s Infrastructure as a Service will enable us to support continuous growth in global markets by providing increased stability, efficiency and availability of our mission critical SOA infrastructure.  With Oracle Mobile Cloud Service, we are developing Mobile Apps which enable our dealers to provide better customer experiences by delivering information and services where and when they need them.”

For more information, please visit us at http://cloud.oracle.com.

Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

Oracle Launches Oracle Code Events for Modern Cloud Development

Oracle Press Releases - Tue, 2017-01-17 07:00
Press Release
Oracle Launches Oracle Code Events for Modern Cloud Development New event series helps developers learn how to build modern web, mobile, enterprise and Cloud-native applications

Oracle CloudWorld, New York—Jan 17, 2017

Oracle has a rich history of building platforms and developer-focused technologies that are loved and used by millions of developers around the globe. In continuation of its commitment to invest in the developer community—Oracle today announced that attendee registration and call for papers are now open for Oracle Code, a free event series that will bring developers together to learn about the latest technologies, best practices and industry trends. Starting March 1 in San Francisco, the Oracle Code event series will give attendees the insights they need to tackle development challenges in the Cloud through a combination of keynotes, technical sessions and hands-on labs delivered by industry luminaries, community members and Oracle experts. In total, there will be events in 20 cities across North America, Europe, Asia and South America in 2017.

As every industry and every business goes through the inevitable transformation around Cloud computing, developers continue to look to extend their expertise to Cloud migration, management and Cloud-native development. They are looking to quickly create applications with microservices, APIs, containers, machine learning, mobile backends and chatbots using modern DevOps processes. They need rich and robust platform capabilities including big data and analytics, integration, management and monitoring, mobility and Internet of Things (IoT). Developers want the ability to choose any programming language, database, operating system, virtualization technology and developer tool, including open source and third party options. They need the ability to deploy in the Cloud or on-premises with portability and interoperability.

Oracle Code helps developers continue learning about new and trending open source technologies such as Kafka/Spark, Docker/Kubernetes and diverse programming languages including Java, Javascript/Node.js, Python/PHP as well as databases such as Cassandra/MongoDB, MySQL and Oracle. Speakers at Oracle Code will provide technical, educational and pragmatic content, showcasing the latest developer technologies with hands-on labs, interactive experiences and demos as well as providing opportunities to network among developers of all backgrounds and levels.

The first Oracle Code event in San Francisco will feature a keynote from luminary JavaScript pioneer Douglas Crockford entitled “The Post JavaScript Apocalypse” and a keynote from Thomas Kurian, Oracle President of Product Development.

“Oracle is helping developers build applications with an open, modern and easy to use development Cloud platform,” said Thomas Kurian, Oracle President of Product Development. “With the Oracle Code event series, we are able to extend our commitment to the global developer community by providing an interactive forum for developers to learn about the latest technologies, connect with peers and share best practices.”

Oracle Code events are scheduled in the following cities with more coming soon:

  • March 1 – San Francisco
  • March 8 – Austin
  • March 21 – New York
  • March 27 – Washington D.C.
  • April 18 – Toronto
  • April 20 – London
  • April 24 – Frankfurt
  • April 28 – Prague
  • May 10 – New Delhi
  • May 18 – Tokyo
  • May 22 – Moscow
  • June 6 – Brussels
  • June 22 – Atlanta
  • June 27 – São Paulo
  • June 29 – Mexico City
  • July 14 – Beijing
  • July 18 – Sydney
  • Aug 30 – Seoul

More details and registration are available at developer.oracle.com/code

Call for Papers is open at https://go.oracle.com/oraclecode-call-for-papers

Contact Info
Alex Shapiro
Oracle
+1.415.608.5044
alex.shapiro@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Alex Shapiro

  • +1.415.608.5044

oracle data block corrupted(file # 4,block # 3676)

Tom Kyte - Tue, 2017-01-17 05:26
[REP_12014] An occur occurred while accessing the repository ORA-01578:ORACLE data block corrupted(file # 4, block # 3676) ORA-01110:data file:'D:\ORACLE\PRODUCT\10.1.0\ORADATA\ORCL\USERS01.DBF' Database driver error... Function Name:Execute S...
Categories: DBA Blogs

to_char manipulates DST times ?

Tom Kyte - Tue, 2017-01-17 05:26
Hello Tom, I have one column INTERVAL_TIME with datatype as TIMESTAMP(0) and stores data in 15 mins interval time. Since there was DST on 13 March 2016 , the interval was store at 1:45 AM and next interval at 3:00 AM. But when i am applying to...
Categories: DBA Blogs

ORA-01460: unimplemented or unreasonable conversion requested

Tom Kyte - Tue, 2017-01-17 05:26
Hi, We are running PeopleSoft and ocassionally we get error: ORA-01460: unimplemented or unreasonable conversion requested. There is nothing in the alert.log file and we can move past the error by just restarting the failed process without making...
Categories: DBA Blogs

How do I use UTL_SMTP to automatically send an email when a database table column value change?

Tom Kyte - Tue, 2017-01-17 05:26
How do I use UTL_SMTP to send an automated email after my database table (A.K.A. user_objects) column (A.K.A status) value change from "Valid" to "Invalid"? --Example: I would like an automated email sent when the query listed below has an invalid...
Categories: DBA Blogs

Removing Redundant Indexes in PeopleSoft

David Kurtz - Tue, 2017-01-17 04:15
This is the second of a two-part article that discusses how to identify and remove redundant indexes from a PeopleSoft system. 
This article describes a script on my website (psredundantfix.sql) that uses a similar query to that described in the previous article to identify redundant indexes from the metadata in the PeopleTools tables. It uses an anonymous block of PL/SQL so nothing is installed in the database. For each redundant index identified it:
  • Adds the record and redundant index into an Application Designer project called REDUNDANT INDEXES. The record must also be added, otherwise Application will not generate a DDL script to remove the index.
  • Unsets the platform flag on the redundant index if the superset index is active on the same platform. Thus Application Designer will generate a script to drop redundant indexes when the project is built. The redundant index definition remains in the record definition in case there is a need to revert the change.
  • If the superset index is active on Oracle
    • Creates and collects extended optimizer statistics on the combination of columns in the redundant index. If error ORA-00054 occurs, the exception will be ignored and the script will continue.
    • Makes the index invisible. Note that indexes are not dropped. That can be done later by building an alter script for the project. It would be normal to test the consequences of making the indexes invisible for a while, and drop them later. 
Sample Output
Project REDUNDANT INDEXES already exists

Record PSPROJECTITEM, Redundant Index C already in project
Creating Extended Statistics on PSPROJECTITEM for OBJECTVALUE4,OBJECTTYPE
Making index PSCPSPROJECTITEM invisible
ORA-00054: resource busy and acquire with NOWAIT specified or timeout expired

Record PSTREENODE, Redundant Index C already in project

Record TL_RPTD_TIME, Redundant Index C added to project
Making index PSCTL_RPTD_TIME invisible
Record TL_TA_BATCH, Redundant Index _ added to project
Making index PS_TL_TA_BATCH invisible
Making index PS_TL_TA_BATCH1 invisible

Making index PS_TL_TA_BATCH48 invisible

Record WRK_XREF_CALC, Redundant Index A already in project
Creating Extended Statistics on PS_WRK_XREF_CALC for PROCESS_INSTANCE,SEQ_NBR
Creating Extended Statistics on PS_WRK_XREF_CALC1 for PROCESS_INSTANCE,SEQ_NBR

Creating Extended Statistics on PS_WRK_XREF_CALC6 for PROCESS_INSTANCE,SEQ_NBR
Making index PSAWRK_XREF_CALC invisible
Making index PSAWRK_XREF_CALC1 invisible

Making index PSAWRK_XREF_CALC6 invisible
Note:
  • The script commits any changes it makes. There is also a rollback command at the top to prevent it accidentally committing something else.
  • Having run it once, should you immediately run the script again, nothing will be found because any redundant indexes have been marked as disabled on Oracle
  • Should you want to revert changes, mark all indexes in the REDUNDANT INDEXES project as active on Oracle.
UPDATE psindexdefn
SET platform_ora = 1
, activeflag = 1
WHERE (recname, indexid) IN (
SELECT objectvalue1, objectvalue2
FROM psprojectitem
WHERE objecttype = 1
AND projectname = 'REDUNDANT INDEXES')
AND platform_ora = 0;
COMMIT;
We can see in Application Designer that index PSAWRK_XREF_CALC is a subset of PS_WRK_XREF_CALC because both start with PROCESS_INSTANCE and SEQ_NBR.


Index A was marked inactive on all platforms because the superset index _ is active on all platforms.  


PeopleSoft delivers some indexes for some platforms only. For example, PSETREENODE is only active on Informix. Therefore the script only deactivates the Informix platform flag on PSCTREENODE, and the platform flag changes to 'Some'. The index is still added to the project, but no attempt is made to create extended statistics or to make it invisible, and the index continues to be built on Oracle.

The comment applied to index C indicates that only the Informix flag was changed.



The final step, when you are satisfied that making the indexes invisible has no unacceptable consequences, is to drop the redundant indexes using the script generated by Application Designer

DROP INDEX PSCPSPROJECTITEM
/
DROP INDEX PSEPSPROJECTITEM
/

DROP INDEX PSAWRK_XREF_CALC
/
DROP INDEX PSAWRK_XREF_CALC1
/

DROP INDEX PSAWRK_XREF_CALC6
/

Critical Patch Update for January 2017 Now Available

Steven Chan - Tue, 2017-01-17 02:05
The Critical Patch Update (CPU) for January 2017 was released on January 17, 2017. Oracle strongly recommends applying the patches as soon as possible.

The Critical Patch Update Advisory is the starting point for relevant information. It includes a list of products affected, pointers to obtain the patches, a summary of the security vulnerabilities, and links to other important documents. 

Supported products that are not listed in the "Supported Products and Components Affected" Section of the advisory do not require new patches to be applied.

The Critical Patch Update Advisory is available at the following location:

It is essential to review the Critical Patch Update supporting documentation referenced in the Advisory before applying patches.

The next four Critical Patch Update release dates are:

  • April 18, 2017
  • July 18, 2017
  • October 17, 2017
  • January 16, 2018
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