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Q2 FY19 GAAP EPS Up 18% to $0.61 and NON-GAAP EPS Up 16% to $0.80

Mon, 2018-12-17 15:00
Press Release
Q2 FY19 GAAP EPS Up 18% to $0.61 and NON-GAAP EPS Up 16% to $0.80 Trailing Twelve Month Operating Cash Flow Up 5% to $15.2 Billion
Trailing Twelve Month Free Cash Flow Up 10% to $13.8 Billion
Customer Count Nearly 6,000 for Fusion Cloud ERP

Redwood Shores, Calif.—Dec 17, 2018

Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q2 results. Total Revenues were unchanged at $9.6 billion and up 2% in constant currency, compared to Q2 last year. Total Cloud Services and License Support plus Cloud License and On-Premise License revenues were up 1% to $7.9 billion. Cloud Services and License Support revenues were $6.6 billion, while Cloud License and On-Premise License revenues were $1.2 billion.

GAAP Operating Income was up 2% to $3.1 billion and GAAP Operating Margin was 32%. Non-GAAP Operating Income was down 2% to $4.1 billion and non-GAAP Operating Margin was 43%. GAAP Net Income was up 5% to $2.3 billion and non-GAAP Net Income was up 3% to $3.1 billion. GAAP Earnings Per Share was up 18% to $0.61 while non-GAAP Earnings Per Share was up 16% to $0.80.

Short-term deferred revenues were up 3% to $8.2 billion compared to a year ago. Operating Cash Flow was up 5% to $15.2 billion during the trailing twelve months.

Without the strengthening of the U.S. dollar compared to foreign currencies, Oracle’s reported GAAP and non-GAAP Total Revenues would have been approximately $140 million higher, and Earnings Per Share would have been 2 cents higher in comparison to as reported amounts for fiscal 2019 Q2.

“In Q2, non-GAAP earnings per share grew 19% in constant currency,” said Oracle CEO, Safra Catz. “In addition to our strong EPS growth, free cash flow grew 10% to $13.8 billion over the previous twelve months. I am confident that we will continue to record strong EPS and free cash flow growth during the second half of this fiscal year.”

“Oracle’s two cloud ERP businesses, Fusion ERP and NetSuite ERP, delivered a combined revenue growth rate of 32% in Q2,” said Oracle CEO, Mark Hurd. “With nearly 6,000 Fusion ERP customers and over 16,000 NetSuite ERP customers, Oracle is the clear leader in cloud ERP. ERP has always been the largest segment of the enterprise applications business, so we have lots of room to grow as customers migrate from their traditional on-premise ERP to the Oracle Fusion ERP Cloud.”

“The Oracle Autonomous Database for data warehousing and transaction processing is the world’s only self-driving database,” said Oracle CTO, Larry Ellison. “The Oracle Autonomous Database lowers costs by eliminating human labor and increases reliability by eliminating human error. And Oracle is the only database that automatically patches and upgrades itself while running.”

The Board of Directors 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 January 16, 2019, with a payment date of January 30, 2019.

Q2 Fiscal 2019 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q2 results and fiscal 2019 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 9393468.

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/investor or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.

Trademarks

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

“Safe Harbor” Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding the growth of our EPS, free cash flow, and the SaaS ERP market segment, are all "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud strategy, including our Oracle Software as a Service, Platform as a Service, Infrastructure as a Service and Data as a Service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, integrate acquired products and services, or enhance and improve our existing products and support services in a timely manner, or price our products and services to meet market demand, customers may not purchase or subscribe to our software, hardware or cloud offerings or renew software support, hardware support or cloud subscriptions contracts. (3) Enterprise customers rely on our cloud, license and hardware offerings and related services to run their businesses and significant coding, manufacturing or configuration errors in our cloud, license and hardware offerings and related services could expose us to product liability, performance and warranty claims, as well as cause significant harm to our brand and reputation, which could impact our future sales. (4) If the security measures for our products and services are compromised and as a result, our customers’ data or our IT systems are accessed improperly, made unavailable, or improperly modified, our products and services may be perceived as vulnerable, our brand and reputation could be damaged and we may experience legal claims and reduced sales. (5) Our business practices with respect to data could give rise to operational interruption, liabilities or reputational harm as a result of governmental regulation, legal requirements or industry standards relating to consumer privacy and data protection. (6) Economic, political and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (7) Our international sales and operations subject us to additional risks that can adversely affect our operating results. (8) We have a selective and active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of December 17, 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 Arms Developers with the Most Comprehensive Cloud Native Framework

Tue, 2018-12-11 10:00
Press Release
Oracle Arms Developers with the Most Comprehensive Cloud Native Framework Oracle Cloud Native Framework provides deployment models for Oracle Cloud Infrastructure, hybrid cloud and on-premises users

KubeCon, Seattle, Was.—Dec 11, 2018

Oracle today announced the Oracle Cloud Native Framework, providing developers a cloud native solution that spans public cloud, on premises and hybrid cloud deployments. Capitalizing on Oracle Cloud Infrastructure and the recently announced Oracle Linux Cloud Native Environment, the Oracle Cloud Native Framework introduces a rich set of cloud native managed services and on-premises software. The Oracle Cloud Native Framework also introduces Oracle Functions, a new breakthrough serverless cloud service based on the open source Fn Project.

As organizations move to the cloud, they are facing new and difficult challenges addressing cultural change and increased complexity. DevOps and cloud native tooling have left many developers and projects behind the curve. Moreover, organizations eager to use standard open source components and leverage cloud capabilities, but are impeded by the number of complex choices, lack of training and fear of cloud vendor lock-in. By providing cloud native capabilities and offerings regardless of the deployment scenario and leveraging open standards established by the Cloud Native Computing Foundation (CNCF), Oracle, a platinum member of CNCF, is uniquely providing its customers with choice while meeting the broad deployment needs of developers.

“With the growing popularity of the CNCF as a unifying and organizing force in the cloud native ecosystem and organizations increasingly embracing multi cloud and hybrid cloud models, developers should have the flexibility to build and deploy their applications anywhere they choose without the threat of cloud vendor lock-in. Oracle is making this a reality,” said Don Johnson, executive vice president, product development, Oracle Cloud Infrastructure.

To further enable developers to build and deploy modern applications, Oracle is introducing a rich set of first class Oracle Cloud Infrastructure services built on Oracle’s Gen 2 Cloud IaaS and existing foundational Kubernetes orchestration and management layer, the Oracle Container Engine for Kubernetes (OKE). These new offerings are focused on three critical Oracle Cloud Infrastructure cloud native layers:

  • Application Definition & Development

    • Oracle Functions: Scalable, multi-tenant serverless functions that let users focus on writing code to meet business needs without having to know about any infrastructure concepts. Users only pay when a function is invoked, but pay nothing when the code is not running.
    • Streaming: A highly available, scalable and multi-tenant streaming platform that makes it easy to collect and manage streaming data. Streaming enables applications such as IoT, security and supply chain, where large amounts of data are collected from many sources and need to be processed in real time.
  • Provisioning

    • Resource Manager: A managed service that can provision all Oracle Cloud Infrastructure resources and services. Resource Manager reduces configuration errors and increases productivity by managing infrastructure declaratively (i.e. “infrastructure as code”) using industry standard Terraform.
  • Observability & Analysis

    • Monitoring: An integrated service that reports metrics from all resources and services in Oracle Cloud Infrastructure. Use predefined metrics and dashboards, or use the service API to obtain a wholistic view of the health, performance, and capacity of the system. The monitoring service includes alarms to track these metrics and take action when they vary or exceed defined thresholds. Alarms provide a critical service to help users meet service level objectives and avoid interruptions.
    • Notification Service: A scalable service that broadcasts messages to distributed components, such as email and PagerDuty. With the notification service, users can easily deliver messages about Oracle Cloud Infrastructure to large numbers of subscribers through a publish-subscribe pattern.
    • Events: An offering that enables users to react to changes in the state of Oracle Cloud Infrastructure resources, both when initiated by the system or by user action. Events can store information to Object Storage, or they can trigger Functions to take actions, Notifications to inform users, or Streaming to update external services.

With the announcement of Oracle Functions, a new breakthrough serverless solution based on the open source Fn Project, developers can easily deploy and execute function-based applications without the need to manage compute infrastructure. Oracle Functions is Docker container-based and completely pay-per-use, so charges are incurred only when functions are run. The underlying Fn Project, which Oracle Functions offers as a fully-managed service, can run on-premises, in a data center, or on any cloud. The Oracle Cloud Native Framework supports both modern (cloud native) and traditional (WebLogic, Java, and database) applications. The enterprise grade platform can be leveraged for sustainable strategy, managed services, and curated OSS.

  • "Kubernetes and containers are enabling CERN to improve the deployment of critical Java Applications to reduce maintenance tasks and focus more on developers' needs, including improving their experience with Oracle WebLogic Server. In this context, Oracle has provided us with an open source tool that has helped us decrease considerably the time needed to configure WebLogic. We are also working to take advantage of Oracle Cloud Infrastructure and its Kubernetes offering to replace our disaster recovery solution for our databases and WebLogic," said Antonio Nappi, DevOps Engineer for CERN.
     
    “Our business relies on delivering innovative software solutions to a global market. Oracle Container Engine for Kubernetes on Oracle Cloud Infrastructure has helped us not only converge data centers and add scale, but also significantly improve performance and security as we adopt a microservices architecture. It’s actually been the simplest part of our migration,” said Jason Looney, vice president of Enterprise Architecture, Beeline.
     
    “Sauce is a video collaboration and creation platform for teams, empowering brands to create authentic video content. Oracle Container Engine for Kubernetes on Oracle Cloud Infrastructure has helped us scale our cloud technology, supporting our global growth while increasing reliability and performance, especially in the areas of video transcoding and creation. Getting started on Oracle Container Engine for Kubernetes was a breeze and now our team can develop and deploy faster than ever,” said Jon Girven, co-founder and CTO of Sauce Video. 
     
    “Gapsquare is a cloud-based SaaS solution that helps large companies maintain continuous fair pay by closing the gender pay gap, ethnicity pay gap, and any equal pay issues. By moving to the Oracle Cloud completely, we have been able to reduce time spent on DevOps and focus on implementing new features. We found Oracle Container Engine for Kubernetes to be the easiest way to reliably deploy our application on a scalable and distributed environment, while continuing to deliver new automatic features that require no maintenance. This has allowed us to speed time to market for new offerings and rapidly expand globally,” said Zara Nanu, CEO of Gapsquare, and a member of Oracle's global startup program.
Contact Info
Danielle Tarp
Oracle
+1.650.506.2905
danielle.tarp@oracle.com
Quentin Nolibois
Burson Cohn & Wolfe
+1 415.591.4097
quentin.nolibois@bm.com
About Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is an enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure can dramatically increase operational efficiency and lower total cost of ownership. For more information, visit https://cloud.oracle.com/iaas

About Oracle

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

Trademarks

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

Talk to a Press Contact

Danielle Tarp

  • +1.650.506.2905

Quentin Nolibois

  • +1 415.591.4097

Western Digital Transforms Business Processes with Oracle Cloud

Fri, 2018-11-30 08:00
Press Release
Western Digital Transforms Business Processes with Oracle Cloud Data infrastructure powerhouse brings together three Fortune 500-size organizations onto Oracle ERP Cloud to deliver greater business intelligence, agility and value to its customers

Redwood Shores, Calif.—Nov 30, 2018

Western Digital Corp (NASDAQ: WDC) selected Oracle Cloud to help modernize its business processes as part of its digital transformation journey. The company chose Oracle Enterprise Resource Planning (ERP) Cloud in May, 2016 to bring together the core business systems of three multi-billion dollar companies – Western Digital, SanDisk and HGST – all with growth in mind. As a result, Western Digital has been able to combine numerous applications, reduce approval times by 70 percent, rationalize suppliers by 50 percent and improve acquisition agility on a global scale.

After acquiring SanDisk and HGST, Western Digital faced the challenge of rationalizing three Fortune 500-size on-premises ERP systems. Western Digital decided it needed a modern suite of best-in-class ERP applications that would enable it to enhance the customer experience and achieve a competitive advantage while improving employee productivity. After careful evaluation, Western Digital selected Oracle ERP Cloud, which has allowed it to seamlessly extend its on-premises applications to the cloud and establish a modern business platform that can seamlessly scale to support its future expansion plans and new technology innovations.

“The process of rationalizing three large legacy systems and associated applications gave us a unique opportunity to drive change, as more than two thirds of our organization would have to undergo change no matter what application we selected. We needed a simple, yet scalable cloud platform that could power our rapidly growing business,” said Steve Phillpott, CIO at Western Digital. “With Oracle Cloud we have been able to consolidate applications, automate key financial workflows and radically improve productivity. Oracle has been the catalyst for change and is pivotal in our digital transformation journey.”

“The technology industry is an incredibly fast-paced and competitive market, where the quickest, most agile players win. Western Digital has done an incredible job bringing three large enterprise organizations onto a single Fortune 100-scale platform to significantly improve efficiency and business agility,” said Rondy Ng, senior vice president, Oracle Applications Development. “With Oracle ERP Cloud, Western Digital will be able to continually take advantage of the latest innovations to gain a competitive advantage and successfully position itself for future growth.”

Western Digital’s adoption of Oracle ERP Cloud builds upon its use of both Oracle on-premises and Oracle Analytics Cloud. With Oracle, Western Digital is able to avoid massive file download times and manual analysis to provide its employees with access to the information they need to make better, faster decisions. Learn more about how Oracle is “empowering Western Digital with Oracle Analytics Cloud.

Contact Info
Bill Rundle
Oracle
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 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

Bill Rundle

  • 650.506.1891

Next Generation Restauranteurs Serve Up Stellar Experiences with Oracle

Thu, 2018-11-29 07:00
Press Release
Next Generation Restauranteurs Serve Up Stellar Experiences with Oracle Simphony Restaurant Management Platform and Oracle MICROS Hardware Help Caractère Deliver Seamless Customer Service

Redwood Shores, Calif.—Nov 29, 2018

Caractère, the first restaurant from husband and wife team Emily Roux and Diego Ferrari, has debuted with the support of Oracle Food and Beverage technology. Based in one of London’s most fashionable neighborhood’s, Notting Hill, Caractere serves up contemporary Italian cuisine, with French culinary inspiration. To ensure the experience is as memorable as the food, Caractère is using a combination of the Simphony Cloud Point of Sale Platform the Oracle MICROS workstation 6 family and the Compact Workstation 310.

New restaurant concepts have a variety of obstacles they must overcome as they create a signature menu that customers want to return to. With Oracle Food and Beverage solutions operators can take comfort in the reliability of the time-tested restaurant management and point-of-sale workstations and focus on expressing their creativity and differentiating their offering.

“With Oracle, the ordering process is seamless. The order is taken and sent straight down to the kitchen. If our guests have any dietary requirements or allergies the system makes it very clear to the kitchen, so there’s no slip ups or confusion which is essential,” said Emily Roux, Owner, Caractère. “The system saves time and energy, enabling our front of the house staff to spend more time on the floor engaging with guests and ensuring they have a positive experience.”

Oracle Food and Beverage Simphony restaurant management platform empowers restauranteurs to streamline operations, increase customer loyalty and elevate profitability with the ability to orchestrate their entire operations on one platform. Combined with the reliability of the Oracle MICROS workstations, both independent restaurants and chains have the trusted system they need to support the business they have today and scale to support their future aspirations.

“Technology plays a crucial role in enabling new restaurants to scale and deliver the consistent service that guests expect,” said Chris Adams, vice president of strategy, Oracle Food and Beverage. “Consistency of experience can define the trajectory for new restaurants and restaurant management technology is critical to ensuring that service and kitchen operations are in sync. Caractère has been an out of the gate success and we look forward to continuing to work with its talented founders to support their growth.”

Caractère purchased Oracle Food and Beverage in August before opening in October 2018.

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 Food and Beverage

Oracle Food and Beverage, formerly MICROS, brings 40 years of experience in providing software and hardware solutions to restaurants, bars, pubs, clubs, coffee shops, cafes, stadiums, and theme parks. Thousands of operators, both large and small, around the world are using Oracle technology to deliver exceptional guest experiences, maximize sales, and reduce running costs.

For more information about Oracle Food and Beverage, please visit www.Oracle.com/Food-Beverage

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

Hotel Julian Reimagines Modern Luxury Experience with Oracle Hospitality

Mon, 2018-11-19 07:00
Press Release
Hotel Julian Reimagines Modern Luxury Experience with Oracle Hospitality Oracle Hospitality OPERA, RES 3700 and MICROS Workstation 7 Power New Chicago Hotel

Redwood Shores, Calif.—Nov 19, 2018

Hotel Julian, the highly-anticipated luxury-lifestyle property from Oxford Capital Group, LLC., open to the public since October 2018, offers guests a remixed luxury experience supported by Oracle Hospitality solutions.  

“Hotel Julian embodies the spirit of luxury hospitality and we are excited to provide guests with a unique experience that blends architecture, history and art,” said Ludmila Chervona, Hotel Julian general manager. “With OPERA property management software, we are able to provide guests with curated service that will help establish Hotel Julian as a new landmark property in Chicago.”

Hotel Julian uses Oracle Hospitality OPERA property management software to create a unique experience for guests staying in one of the 218 available rooms. On-property restaurant About Last Knife also features Oracle Hospitality RES 3700 and MICROS Workstations to streamline operations and provide engaging service for diners.

“Hotel guests today are looking for more than the basics–they are looking for an unforgettable experience from the moment they check in through to departure,” said Greg Webb, senior vice president and general manager, Oracle Hospitality. “Battle tested at the largest hotel chains in the world, Oracle provides independent operators the technology needed to deliver engaging guest experiences that will drive long-term loyalty.”

Oracle Hospitality OPERA provides a full-featured property management system that enables hoteliers to deliver world-class guest service and increase operational efficiency across the property. In addition, Oracle Hospitality RES 3700, a leading food and beverage management platform, provides enterprise point-of-sale and back-office functionality to support a wide range of food and beverage operations.

Hotel Julian purchased Oracle Hospitality OPERA, RES 3700 and MICROS Hardware in April 2018.

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

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

About Oracle Hospitality

Oracle Hospitality brings over 40 years of experience in providing technology solutions to independent hoteliers, global and regional chains, gaming, and cruise lines. We provide hardware, software, and services that allow our customers to act on rich data insights that deliver personalized guest experiences, maximize profitability and encourage long-term loyalty. Our solutions include platforms for property management, point-of-sale, distribution, reporting and analytics all delivered from the cloud to lower IT cost and maximize business agility. Oracle Hospitality’s OPERA is recognized globally as the leading property management platform and continues to serve as a foundation for industry innovation.

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

About Oxford Capital Group, LLC and Oxford Hotels & Resorts, LLC

Oxford Capital Group, LLC is a national real estate investment, development and management firm. Oxford Hotels and Resorts, LLC is its wholly owned hotel operating affiliate. Oxford, its affiliates, and principals have been involved in approximately $3 billion of real estate and private equity investments, including approximately 13,000 hotel rooms and over 2,000 senior housing units. The firm's primary areas of focus are hospitality, mixed-use, senior housing, multifamily, urban retail, parking, and other operationally intensive forms of real estate.  This includes health, fitness, spa, athletic and sports/entertainment destination clubs, and entertainment destination outlets including hotel rooftop venues. Oxford's geographic focus includes the nation’s top cities, such as Chicago, New York City, metro Washington D.C., Boston, Los Angeles, San Francisco, and other select markets with unique attributes including Charleston, SC, New Orleans, LA, and a variety of markets throughout Florida. In addition to prominent national projects throughout the country, Hotel Julian Millennium Park is Oxford’s 13th concept. Its growing hospitality brand collection includes ALK, The Godfrey Hotel & Cabanas, Cass, Essex, SX, Felix, Godfrey, I|O, LondonHouse, LH, Julian, WTR Pool & Grill, and SpaBoutique. For information, visit www.oxford-capital.com or www.ohrllc.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

Matt Torres

  • 4155951584

Oracle Certified to Secure Government Communications

Mon, 2018-11-19 07:00
Press Release
Oracle Certified to Secure Government Communications With FIPS-140-2 Validation, Government Agencies Can Leverage Oracle Communications Enterprise Session Border Controllers to Enable Highly Secure Real-time Communications

Redwood Shores, Calif.—Nov 19, 2018

Oracle has received Federal Information Processing Standard (FIPS)-140-2 validation for five of its Enterprise Session Border Controllers (E-SBC). FIPS-140-2 is a standard for cryptographic modules protecting sensitive information in computer and telecommunication systems for U.S. government and military use. With this validation, government agencies and customers in highly-regulated industries can utilize Oracle’s E-SBCs to enable the security, privacy and integrity of real-time communications traffic passing through their networks.

"Oracle has a history of securing real-time communications and the FIPS 140-2 validation reinforces our reputation for delivering purpose-built, industry leading products that can defend against a myriad of cyberattacks,” said Doug Suriano, senior vice president and general manager, Oracle Communications. “We are proud to have met this high standard so we can continue to help customers protect their most sensitive information -- whether a government agency, federal contractor or an enterprise operating in a highly-regulated industry."

Jointly operated by the National Institute of Standards and Technology (NIST) and the Communications Security Establishment of Canada, the Cryptographic Module Validation Program administers FIPS 140-2 validation, which has become the standard for regulated industries such as finance, healthcare and utilities.

Oracle E-SBCs can protect IP communications networks from new and evolving security threats such as Shellshock, POODLE, Heartbleed and BEAST. These FIPS 140-2 validated Oracle E-SBCs can now be procured by U.S. federal agencies, including the Department of Defense (DoD):


"While FIPS 140-2 is applicable to U.S. federal agencies for cryptographic modules, it is becoming widely viewed by non-government sectors as the preeminent security benchmark,” said Johna Till Johnson, CEO of Nemertes Research. “Obtaining FIPS 140-2 demonstrates the ability to provide a compliant and secure network offering that can help customers mitigate dangerous cyber threats, and protect valuable assets"

Contact Info
Katie Barron
Oracle
+1.202.904.1138
Katie.Barron@oracle.com
About Oracle Communications

Oracle Communications provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience. For more information, visit our website at www.oracle.com/communications.

To learn more about Oracle Communications industry solutions, visit: Oracle Communications LinkedIn, or join the conversation at Twitter @OracleComms.

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

Katie Barron

  • +1.202.904.1138

Oracle Accelerates Data Insights for Retailers with Oracle Digital Assistant

Thu, 2018-11-15 07:00
Press Release
Oracle Accelerates Data Insights for Retailers with Oracle Digital Assistant Integration of Core Retail Technology with Conversational AI Powers Targeted and Contextual Offers that Engage Customers and Drive Results

Redwood Shores, Calif.—Nov 15, 2018

Enabling retailers to build personalized customer experiences as well as voice-enabled assistants to help employees work smarter and more productively, Oracle Retail solutions are now integrated with Oracle Digital Assistant. Together, these offerings empower retailers to find answers to critical business questions such as, "What's the current margin on our new BOGO offer for trendsetters?" faster than ever before.

Announced at Oracle OpenWorld 2018, Oracle Digital Assistant leverages artificial-intelligence (AI) to understand context, derive intent, and identify and learn user behaviors and patterns to automate routine tasks proactively on behalf of the user. By integrating the technology with Oracle Retail Offer Optimization Cloud Service, analysts can easily streamline location-specific sales forecasting, promotional deployment and performance, approval automation and target prioritization.

To see these technologies in action, visit: https://youtu.be/UcDTQa7Ff-w.

"Most retailers think about conversational AI in the context of the store or e-commerce, however, retailers can now apply conversational AI to their core operations', via voice or text, to accelerate productivity and optimize processes," said Mike Webster, Senior Vice President and General Manager, Oracle Retail. "Smart digital interactions are an integral part of our everyday life as we query Alexa, Google Home and Siri for recommendations. This latest integration between Oracle Digital Assistant and Oracle Retail Offer Optimization Cloud Service brings the power and simplicity of voice to retail operations, speeding time to insight and action."

Built on Oracle Cloud Infrastructure, Oracle Digital Assistant goes well beyond standard chatbots available today that provide simple, single skilled, linear responses. By applying AI for natural language processing (NLP), natural language understanding (NLU) and machine learning (ML), Oracle is in a uniquely positioned to leverage its breadth and depth in enterprise applications to offer a digital assistant that can truly span the enterprise.

"Going forward digital assistants will transform how merchants, planners, and marketers collaborate, engage their company's information assets, and how they work," said Greg Girard, program director of intelligent product merchandising and marketing, IDC Retail Insights. "As digital assistants become more conversationally and analytically skillful and more aware of their users' intent and context we'll see more incisive decisions, made quicker, to deliver better business outcomes. Retailers should bring digital assistants into their digital transformation planning assumptions now."

In April, Oracle launched the next generation of promotion, markdown and offer optimization capabilities as a cloud service with the launch of Oracle Retail Offer Optimization Cloud Service. With these new updates retailers can analyze promotion and pricing decisions for the entire product lifecycle while providing consumers with targeted and contextual offers.

Contact Info
Matt Torres
Oracle
+1.415.595.1584
matt.torres@oracle.com
About Oracle

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

About Oracle Retail

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

Trademarks

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

Talk to a Press Contact

Matt Torres

  • +1.415.595.1584

Cyta Calls on Oracle to Drive Digital Transformation

Wed, 2018-11-14 07:00
Press Release
Cyta Calls on Oracle to Drive Digital Transformation Cyprus' telecommunications leader to implement Oracle’s concept to cash to care solution to speed service launches, and foster agile billing and efficient service fulfillment

Redwood Shores, Calif.—Nov 14, 2018

The Cyprus Telecommunications Authority ("Cyta"), the leading provider of integrated electronic communications services in Cyprus, has selected the Oracle Rapid Offer Design and Order Delivery (RODOD) solution to provide a modern, digital business experience for their customers, employees and partners.

Cyta, a semi-governmental organization, provides a wide range of services and facilities for voice and data applications in both fixed and mobile telephony. The company continues to innovate to meet the ever-growing needs of its customers for new value-added content and multimedia services. For example, Cyta recently secured the audio-visual rights to the FA Premier League for Cyprus, for the football seasons 2019-2022.

"We chose Oracle for the breadth, maturity and completeness of its solution, its proven track record of helping CSPs achieve digital transformation, and the continuous innovation being delivered in Oracle Cloud, said Mr Chrysis Phiniotis, Cyta’s CTIO. "As a result, we will be positioned to achieve measurable results in our highest priority areas, including faster offer time to market, shorter cycle times, improved operational efficiencies and improved Net Promoter Scores."

After identifying a wide range of shortcomings in its legacy business support systems (BSS), including slow-time to market for new offers, a fragmented offer design process, and a lack of digital customer engagement, Cyta knew it needed a modern approach. As part of its digital transformation efforts, Cyta will implement Oracle's RODOD solution together with Oracle’s Customer Experience (CX) solution for communications.

With these solutions, the company will be able to quickly introduce new offers, execute agile marketing and sales campaigns, acquire and engage customers with services that are relevant and timely, efficiently deliver and flexibly monetize those services and empower their customers with information, insights and innovations.

"CSPs are recognizing the fast, powerful impact that a digital transformation can have in modernizing front office operations," said Doug Suriano, senior vice president and general manager of Oracle Communications. "Cyta employees will be able to provide their customers with a more effective, modern engagement for buying, order delivery, subscription monetization and personalized usage experience."

RODOD is part of Oracle Communications, which provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience. www.oracle.com/communications.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
Katie.Barron@oracle.com
Brent Curry
Hill+Knowlton Strategies
+1.312.255.3086
Brent.Curry@hkstrategies.com
About Oracle Communications

Oracle Communications provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience. www.oracle.com/communications

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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Katie Barron

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Brent Curry

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Telecom Leader Uses Oracle to Secure Communications Services

Wed, 2018-11-14 07:00
Press Release
Telecom Leader Uses Oracle to Secure Communications Services UNIFI Communications deploys Oracle solution to modernize communications infrastructure

Redwood Shores, Calif.—Nov 14, 2018

UNIFI Communications, a leading international voice carrier, has selected Oracle Communications to improve long-term efficiency and communication reliability for its growing customer base. UNIFI will replace its existing session border controller platform with Oracle’s Enterprise Session Border Controllers (E-SBC), optimizing Internet Protocol (IP) voice, video, and data services for the carrier.

UNIFI is a leading Managed Service Provider (MSP) delivering enhanced telecommunication services for more than 100 million active subscribers. As one of the largest carriers of international voice traffic, UNIFI developed a footprint in more than 130 countries over the last decade to support the demands of global service providers accessing local markets.

UNIFI will deploy the Oracle Acme Packet E-SBC 4600 to increase its network capacity utilization and operating efficiency, in addition to improving the voice quality of its telecommunication services. The E-SBC 4600 solution is a key component of Oracle’s leading network session delivery and control infrastructure platform portfolio.

“The seamless integration of Oracle's enterprise session border controller into our platform will greatly expand our network capacity, enhance our technical performance capabilities, boost efficiency in a shrinking margin environment, and further positioning UNIFI as a leading competitor in the tier-one carrier market worldwide,” said Brian Shatku, CFO of UNIFI Communications. “By deploying this advanced communication solution, our company is empowered to be more flexible and efficient in the rapidly shifting wholesale marketplace.”

“With Oracle Communications, UNIFI has the robust network infrastructure to provide its customers with highly reliable, interactive and real-time unified communications services,” said Doug Suriano, senior vice president and general manager, Oracle Communications. “Our technology will allow UNIFI to modernize voice interconnection between Mobile Network Operators and access the latest, most innovative tools available for a session border controller.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
Katie.Barron@oracle.com
Jamie Dowling
Burson Marsteller
+1.212.614.4214
Jamie.Dowling@bm.com
About Oracle Communications

Oracle Communications provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience. For more information, visit our website at www.oracle.com/communications.

To learn more about Oracle Communications industry solutions, visit: Oracle Communications LinkedIn, or join the conversation at Twitter @OracleComms.

About Oracle

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

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

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Katie Barron

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Jamie Dowling

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Oracle Challenger Series to Return to Newport Beach, Indian Wells in 2019

Wed, 2018-11-14 07:00
Press Release
Oracle Challenger Series to Return to Newport Beach, Indian Wells in 2019 Series Began in Chicago, Now in Houston and Culminates in Southern California

Indian Wells, Calif.—Nov 14, 2018

The Oracle Challenger Series announced today that it will be returning to Southern California for two events in early 2019, to be held at the Newport Beach Tennis Club on January 21-27, 2019 and at the Indian Wells Tennis Garden on February 25 - March 3, 2019.

The Oracle Challenger Series launched earlier this year with inaugural events in Newport Beach and Indian Wells. Taylor Fritz and Danielle Collins captured the titles in Newport Beach, while Sara Errani and Martin Klizan triumphed in Indian Wells. The Series, which has a mission of providing new opportunities for up-and-coming American tennis players to secure both ranking points and prize money, restarted earlier this year, expanding to include events in Chicago (September 2-9) and now Houston (Nov. 10-18).

The Newport Beach and Indian Wells tournaments will conclude the 2018-2019 Series, and be instrumental in determining which two American male and female players receive wild cards into their respective singles main draws at the 2019 BNP Paribas Open. The two American women and two American men who accumulate the most points over the course of the four events in the Series will be awarded the wild cards into the largest ATP World Tour and WTA combined two-week event in the world, held annually at the Indian Wells Tennis Garden. Last year, Bradley Klahn, Reilly Opelka, Amanda Anisimova and Collins earned the wild cards. Collins and Anisimova made the most of the opportunity as they each reached the Round of 16, the best performances of their professional careers to date.

“Oracle launched the Challenger Series to help more tennis players compete at a high level here in the United States,’’ said Oracle CEO Mark Hurd. “We’ve received overwhelmingly positive feedback from players and fans, and Oracle is committed to the Series in 2019. Newport Beach and Indian Wells are terrific venues for winter tennis. We’d love to see a big turnout from fans.’’

Each tournament in the Series is a joint ATP Challenger Tour/WTA 125K Series event and pays equal prize money ($150,000 per Tour) for a total of $300,000. All Oracle Challenger Series tournaments are free and open to the public.

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

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

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

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

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, SCM 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), visit www.oracle.com.

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

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Deborah Hellinger

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Oracle Cloud Unveils New HPC Offerings to Support Mission Critical Workloads

Mon, 2018-11-12 08:00
Press Release
Oracle Cloud Unveils New HPC Offerings to Support Mission Critical Workloads Oracle now provides a complete set of solutions for any high performance computing workload, built to offer the best performance at the lowest cost in the cloud

Redwood Shores, Calif.—Nov 12, 2018

Oracle today announced availability of new bare metal Oracle Cloud Infrastructure compute instances to help enterprises run various performance sensitive workloads, such as artificial intelligence (AI) or engineering simulations, in the cloud. These new instances are part of Oracle’s new “Clustered Network,” which gives customers access to a low latency and high bandwidth RDMA network. Oracle now provides large organizations with a complete set of solutions for any high performance computing (HPC) workload, enabling businesses to capitalize on the benefits of modern cloud computing while enjoying performance comparable to on-premises compute clusters at a cost that makes sense for their businesses.

Countless enterprises have considered a transition to the cloud for years for their legacy HPC workloads, but were unable to do so due to the lack of high performant cloud offerings or economics that would make it too expensive to run in the cloud. Organizations have struggled to find a cloud that can support new workload requirements while realizing cost efficiencies and flexibility that meet business goals and overall technology vision. With today’s news, organizations finally have a low-cost path to extend their on-premises HPC workloads to the cloud without sacrificing performance.

“HPC has been underserved in the cloud due to lack of high performance networking (RDMA) and unappealing price/performance. We’ve listened to our customers and over the last few years Oracle has focused on improving high performance bare-metal offerings, such as Clustered Networking, to provide on-premise customers with the options they need to extend their HPC workloads to the cloud,” said Vinay Kumar, vice president, Product Management & Strategy, Oracle Cloud Infrastructure. “Our growing collaboration with trusted vendors helps Oracle Cloud Infrastructure continue to expand and offer the best performance at the lowest cost for the workloads that customers really need to extend into the cloud.”

With Oracle’s Clustered Network offering at the data center level, Oracle has opened up an entirely new set of use-cases and workloads that enterprises can harness the power of cloud computing for, ranging from car crash simulations in automotive and DNA sequencing in healthcare to reservoir simulation for oil exploration. Organizations can now deploy additional use-cases previously out of their reach, such as using data from their Oracle Database and cutting-edge NVIDIA(R) Tesla(R) GPUs to run Neural Network AI training and instantly adding value to their data.

The new offering is powered by high-frequency Intel® Xeon® Scalable processors and Mellanox’s high performance network interface controllers. For more than 25 years, Oracle and Intel have worked closely to bring innovative, scalable, and secure enterprise-class solutions to its customers. This new addition completes Oracle’s comprehensive set of infrastructure solutions for the full range of both CPU- and NVIDIA GPU-based HPC workloads, providing customers with streamlined and lower cost access to specialized offerings in the cloud. Oracle Cloud Infrastructure now provides a complete range of HPC workloads, including the only bare metal Infrastructure-as-a-Service (IaaS) offering on the market with RDMA.

These new HPC instances with Clustered Networking are offered across Oracle regions in the US and EU at $0.075 per core hour, a 49 percent pay-as-you-go savings compared to other cloud providers on the market.

Additionally, these capabilities will also be expanded for Oracle’s recently announced support for NVIDIA HGX-2 platform on Oracle Cloud Infrastructure. Customers will be able to take advantage of clustered networking as part of the next generation of NVIDIA Tensor Core GPUs, opening up large scale GPU workloads such as AI and deep learning.

Industry Quotes

“HPC is critical for more use cases, complex workloads, and data-intensive computing than ever before. Access to HPC capabilities in the cloud enables users to do more by extending into the public cloud while providing new HPC and AI users a platform to develop and test new classes of HPC and AI algorithms,” said Lisa Davis, vice president of Intel’s Data Center Group and General Manager of Digital Transformation and Scale Solutions. “We are working with Oracle to enable leading HPC offerings that take advantage of the advanced performance, efficiency and scale delivered by Intel® Xeon® Scalable processors across HPC and AI workloads, all while benefiting from the agility and flexibility of Oracle’s next generation, enterprise-grade cloud offering.”

“As organizations look to ensure they stay ahead of the competition, they are looking for more efficient services to enable higher performing workloads. This requires fast data communication between CPUs, GPUs and storage, in the cloud,” said Michael Kagan, CTO, Mellanox Technologies. “Over the past 10 years we have provided advanced RDMA enabled networking solutions to Oracle for a variety of its products and are pleased to extend this to Oracle Cloud Infrastructure to help maximize performance and efficiency in the cloud.”

“With the massive explosion of data, you need larger clusters of GPUs to process and train the data being produced. HGX-2 on Oracle is the perfect fit for this problem,” said Ian Buck, vice president of Accelerated Computing, NVIDIA. “HGX-2 on Oracle combines cutting-edge V100 Tensor Core GPUs and NVSwitch along with ability to scale across multiple HGX-2s using Clustered Networking to solve the biggest computing challenges.”

Contact Info
Danielle Tarp
Oracle
+1.650.506.2905
danielle.tarp@oracle.com
Quentin Nolibois
Burson-Marsteller
+1.415.591.4097
quentin.nolibois@bm.com
About Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is an enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure can dramatically increase operational efficiency and lower total cost of ownership. For more information, visit https://cloud.oracle.com/iaas

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.

Future Product Disclaimer

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

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Danielle Tarp

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Quentin Nolibois

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Gonzaga University Gives Oracle Cloud an “A” for Cost and Efficiency

Thu, 2018-11-08 08:00
Press Release
Gonzaga University Gives Oracle Cloud an “A” for Cost and Efficiency Leading private university modernizes infrastructure with Oracle to securely support critical applications

Redwood Shores, Calif.—Nov 8, 2018

Gonzaga University is using Oracle Cloud to streamline its operations and better serve its student and staff community. With Oracle Cloud Infrastructure and Oracle Database Cloud, the University has not only cut costs and reduced complexity but also upgraded to new versions of Ellucian and its ERP system in just seven months—all while improving security and reliability.

Ranked the fourth best regional university in the West for the fourth straight year by U.S. News & World Report, Gonzaga University is an exemplary learning community that educates students for lives of leadership and service for the common good. In keeping with its Catholic, Jesuit, and humanistic heritage and identity, Gonzaga models and expects excellence in academic and professional pursuits and intentionally develops the whole person—intellectually, spiritually, culturally, physically, and emotionally. When an aging IT infrastructure was struggling to support the University’s strategic goals, it knew it needed to rethink its approach.

“Achieving sustainable operations is one of the key tenets in Gonzaga’s strategic plan,” said Darren Owsley, Chief Technology Officer at Gonzaga. “Our existing IT infrastructure on premise would have required significant upgrades to support new technology moving forward as well as the applications that are critical to our operations today. After a competitive bid process, Oracle Cloud was the clear choice for what Gonzaga needed, both in price and performance.”

By moving its core functions to the cloud, Gonzaga was able to eliminate the need for time-consuming configurations and provision new servers in minutes versus weeks. This has dramatically improved efficiency, while also allowing for the acceleration of new projects. And with the ability to easily scale and pay for only the capacity it’s using, Gonzaga now has the cost-effective foundation it needs to grow well into the future. The University is also utilizing Oracle Cloud Infrastructure for disaster recovery.

“At a recent event, other universities were lamenting about cloud projects that took years,” added Borre Ulrichsen, Chief Information Officer at Gonzaga. “With Oracle, our implementation through to production took mere months. Moreover, I know our database and server infrastructure is being continually upgraded and patched by Oracle, taking the burden off of our limited IT resources. This has allowed us to focus more time on strategic initiatives that better serve our students and staff and continue to help make Gonzaga one of the top universities in the West.”

“Gonzaga was looking for a partner that would provide support every step of the way during its transition to the cloud,” said Kash Iftikhar, vice president of product and strategy, Oracle Cloud Infrastructure. “Oracle Cloud Infrastructure delivers the reliability needed – at the lowest cost, and highest performance. We are honored to be working with such a highly-esteemed institution, and helping them focus on their mission, instead of infrastructure.”

Gonzaga was also recognized at OpenWorld 2018 as a winner of the Oracle Excellence Award for Oracle Cloud Platform Innovation, awarded to customers and partners who are using Oracle Cloud Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) to accelerate innovation and drive business transformation by increasing agility, lowering costs and reducing IT complexity.

Contact Info
Danielle Tarp
Oracle
+1.650.506.2905
Danielle.Tarp@oracle.com
Katie Barron
Oracle
+1.202.904.1138
Katie.Barron@oracle.com
About Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is an enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure can dramatically increase operational efficiency and lower total cost of ownership. For more information, visit https://cloud.oracle.com/iaas.

About Oracle

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

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

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Danielle Tarp

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Katie Barron

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Leading Utilities Weather the Storm with Oracle

Thu, 2018-11-08 07:00
Press Release
Leading Utilities Weather the Storm with Oracle As weather volatility increases, customers look to Oracle Utilities to help maintain and restore power to millions

Redwood Shores, Calif.—Nov 8, 2018

Severe weather events are increasing in both frequency and intensity. To help keep power available while supporting predictable restoration for millions of affected customers, the top utilities across the globe rely on the performance and dependability of Oracle Utilities Network Management System (NMS).

According to the National Oceanic and Atmospheric Association, “In 2018 (as of October 9), there have been 11 weather and climate disaster events with losses exceeding $1 billion each across the United States.” Likewise, a study by the European Academies’ Science Advisory Council (EASAC) covered in Science Daily, noted that “extreme weather events have become more frequent over the past 36 years, with a significant uptick in floods and other hydrological events compared even with five years ago.”

When emergencies strike, utilities’ grid operations need to effectively respond to unplanned outages, integrate emergency and mutual-aid crews, and get accurate information to customers fast. Built from the ground-up as a fully-integrated outage and distribution management system, NMS gives utility operations teams accurate, timely, and reliable information critical for meeting the challenges of 21st-century grid operations. Today, more than 40 utility customers—including 6 of the top 9 utilities in the U.S.—depend on the industry-leading Oracle NMS platform in their control centers; several of which have the most demanding storm performance requirements in the industry. On the East Coast of the U.S. alone, power can be restored to 19.4 million customers faster thanks to Oracle NMS.

Customers rely on Oracle to navigate the storms

“The past three years has brought a relentless stream of hurricanes and storms, including Matthew, Irma and Michael,” said Josh Stallings, systems & standards manager, Georgia Power Company. “During each, Georgia Power Company was able to rely on Oracle NMS to bring order to an otherwise chaotic situation. In particular with Irma, which resulted in service interruptions for some 1,630,000 customers we had more than 425 concurrent users on NMS, allowing our operations staff to have a single valid source to monitor and understand what specific parts of the electrical distribution system were impacted, as well as validate the current state of various devices and equipment on the distribution system. The software also allowed us to perform meaningful customer communications ranging from broad-scale restoration targets down to event level communication for cases of trouble with repair crews onsite.”

“In Ireland, we are experiencing more extreme weather events each year,” said Robert Power, NMS system manager at ESB Networks. “Storm Darwin was a turning point in February 2014. The development team fully supported us implementing all required enhancement requests identified in the aftermath of this storm. Since going live with Oracle NMS in April 2017, the system has demonstrated exceptional performance for more than 150 users, coordinating and reporting on all outage activity. Hurricane Ophelia was our first real test, however, the intuitive and flexible nature of the application allowed us to configure storm rules, ETRs and UI as needed to reflect our unique user and system requirements to best manage the restoration effort.” 

Oracle NMS: The calm before, during and after the storm

Based on 30 years of market experience, NMS leverages market-leading outage management technology with distribution management and advanced analytics to empower utilities to maximize grid operation capabilities, shorten outage duration and optimize distribution, all while keeping their customers engaged and informed. NMS reported outstanding performance during the recent hurricane season, which included Florence and Michael. Oracle is now working closely with its utility customers to brace for extreme weather on the horizon this winter, 15 of which serve more than 1 million customer meters each.

“While we previously viewed a catastrophic episode such as Katrina as a once in a lifetime event, they are fast becoming yearly occurrences,” said Rodger Smith, senior vice president and general manager for Oracle Utilities. “As such, the technology to stabilize the world’s power grids and prepare them for uncharted weather territory needs to be equal parts cutting-edge and battle-tested. Oracle’s field-proven NMS system has enabled our customers to weather the most intense storms, helping maintain and restore power to millions. Utilities have enough to worry about during a major weather event, they will attest that our Network Management System isn’t one of them.”

Providing a “single-pane-of-glass” to maintain efficient grid operations, Oracle NMS presents the information control center operators need to effectively optimize the grid end-to-end from the substation to the end customer. Built on a data-centric, platform-based approach with integrated applications, Oracle NMS delivers unified user access to outage management (OMS), distribution management (DMS), distributed energy resource management (DERMS) as well as supervisory control and data acquisition (SCADA) systems.

Contact Info
Kristin Reeves
Oracle
+1.925.787.6744
kris.reeves@oracle.com
Molly Hardy-Knowles
Hill+Knowlton Strategies
+1.713.752.1931
molly.hardy-knowles@hkstrategies.com
About Oracle

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

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

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Kristin Reeves

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Molly Hardy-Knowles

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Court Orders Rimini Street to Comply with Permanent Injunction Prohibiting Further Infringement

Wed, 2018-11-07 15:25
Press Release
Court Orders Rimini Street to Comply with Permanent Injunction Prohibiting Further Infringement

Redwood Shores, Calif.—Nov 7, 2018

On Monday, a federal appeals court rejected Rimini Street’s motion to stay and effectively delay a permanent injunction issued by the Federal District Court in Nevada. That injunction prohibits Rimini Street from engaging in specific unlawful practices in connection with its core business practices as found in Oracle’s 2015 copyright infringement trial against Rimini Street and its founder, Seth Ravin. 

The trial court had determined earlier that the more than $100 million that Rimini Street paid to Oracle in damages following trial was inadequate to fully compensate Oracle for Rimini Street’s copyright infringement, citing “Rimini Street’s conscious disregard for Oracle’s software copyrights” and the fact that Rimini Street’s business model “was built entirely on its infringement of Oracle’s copyrighted software.” The Court ruled that Rimini Street can only provide support for Oracle’s PeopleSoft, J.D. Edwards, Siebel, and Database software subject to certain court-mandated restrictions, as set forth in the injunction.

While Rimini Street made public statements suggesting that it can comply with the injunction without changing its business model, it told the federal appeals court a different story in court filings. Rimini Street instead argued that the “injunction goes far beyond the changes that Rimini Street [already] made in response” to the Nevada court’s rulings, and would therefore harm its business. Rimini Street must now comply with all the terms of the injunction while its latest appeal is pending.

“We are grateful that the Ninth Circuit Court of Appeals denied Rimini Street’s latest attempt to delay justice. The federal courts in this country have appropriately recognized that the only way to stop serial infringers such as Rimini Street is to subject them to detailed, court-ordered prohibitions against unlawful practices and subject them to contempt of court penalties for any breach. Oracle will continue to be unrelenting in its mission to stop the infringement of its intellectual property rights,” said Dorian Daley, Oracle’s Executive Vice President and General Counsel.

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

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

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

Talk to a Press Contact

Deborah Hellinger

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Oracle Named a Leader in CRM Suites Evaluation by Independent Research Firm

Wed, 2018-11-07 07:00
Press Release
Oracle Named a Leader in CRM Suites Evaluation by Independent Research Firm Oracle is top-ranked in current offering category, receiving the highest possible scores in the sales force automation (SFA), marketing automation and customer service criteria

Redwood Shores, Calif.—Nov 7, 2018

Oracle has been named a leader in CRM suites by Forrester Research. The Forrester Wave™: CRM Suites, Q4 2018 gave Oracle the highest score of any vendor in the current offering category and cites Oracle’s ability to unify front- and back-office functions, noting that “Oracle's far-reaching vision is to enable the connected digital enterprise by integrating data, intelligence, and experiences across B2B and B2C customer journeys that span the front and back office.”

According to Forrester, modern CRM strategies enable differentiated customer experiences “by leveraging vast amounts of interaction, behavioral and transaction data to enable contextual experiences that deliver value to the customer...” Forrester cites intelligence as a key differentiator, saying “Intelligence-driven engagement streamlines work and allows CRM users to focus on the tasks that matter most to business outcomes.” The report also notes that “the value of CRM has shifted toward helping organizations better support customers in their end-to-end engagement journeys to garner their satisfaction and long-term loyalty...”

“At Oracle we know there is no such thing as a static and predictable customer journey and that’s why we are focused on providing powerful and actionable insights in context, in motion and in real time across the entire customer experience,” said Stephen Fioretti, Vice President Product Management, Oracle Service Cloud. “We believe our position in the Forrester Wave for CRM Suites underscores our data-driven approach to helping organizations make every customer interaction matter.”

For the report, 11 vendors were evaluated across 33 criteria, which were grouped into three categories: current offering, strategy and market presence. Oracle received the highest score of any vendor in the current offering category, and received the highest score possible in the product strategy criterion. Oracle also received the highest possible scores in the  sales force automation (SFA), confi­gure price quote (CPQ), marketing automation, customer service, field service, customer journey support criteria, as well as the highest score of any vendor in the go-to-market approach criterion.

Oracle (Customer Experience) CX Cloud is an integrated set of applications which empower 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 helps customers reduce IT complexity, deliver innovative customer experiences, and achieve predictable and tangible business results.

Download The Forrester Wave™: CRM Suites, Q4 2018 here.

Contact Info
Kim Guillon
Oracle PR
209-601-9152
kim.guillon@oracle.com
About Oracle

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

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

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Kim Guillon

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Oracle Data Cloud Launches ‘Pre-Bid by Moat’ to Help Marketers Identify Brand Safe, Fraud Safe, and Viewable Ad Inventory

Tue, 2018-11-06 07:00
Press Release
Oracle Data Cloud Launches ‘Pre-Bid by Moat’ to Help Marketers Identify Brand Safe, Fraud Safe, and Viewable Ad Inventory Pre-Bid by Moat Will Be Integrated with Top DSPs Including Adobe Advertising Cloud, Amobee, Basis by Centro, dataxu, MediaMath, The Trade Desk, and VideoAmp

Redwood City, Calif.—Nov 6, 2018

Oracle Data Cloud today announced Pre-Bid by Moat, a placement solution for marketers to identify and utilize ad inventory that meets their high standards for third-party viewability and invalid traffic (IVT). These new capabilities will join existing brand safety segments available through Oracle Data Cloud to create a powerful suite of media spend protection offerings. To make implementation seamless and simple, Pre-Bid by Moat will be integrated with top DSPs, including Adobe Advertising Cloud, Amobee, Basis by Centro, dataxu, MediaMath, The Trade Desk, and VideoAmp.

“Savvy marketers recognize the tremendous financial and reputational risks from misplaced advertising,” said Eric Roza, senior vice president and general manager, Oracle Data Cloud. “Fraud and viewability issues can drain your ad spend and damage your results, while association with offensive or inappropriate content can result in lasting brand damage. Oracle’s Pre-Bid by Moat offers a unified solution to protect media spend for advertisers by bringing together powerful tools to set real-time requirements for viewability, invalid traffic, and brand safety.”

Pre-Bid by Moat helps advertisers to optimize their media buys with:

  • Granular Viewability Standards. Pre-Bid by Moat will allow marketers to set viewability rates for specific ad slots and sizes, offering unprecedented precision before placement.
  • Invalid Traffic Avoidance. Pre-Bid by Moat is powered by Moat’s leading IVT measurement technology. Moat’s IVT solutions also benefit from learnings from Oracle’s other anti-fraud acquisitions, including web security and managed DNS from Oracle Dyn, which helps identify abnormal traffic patterns on the web and detect and block malicious non-human traffic.
  • Contextual Brand Safety Analysis. Using the contextual intelligence platform from its Grapeshot acquisition, Oracle Data Cloud analyzes and interprets the actual content of each web page, not just its URL-level keywords.
 

“The growth of digital advertising over the past decade has been staggering. In order to sustain that growth in the years to come, marketers must trust the effectiveness of the media they purchase,” said Lewis Rothkopf, general manager of media and growth channels, MediaMath. “We’re excited to be one of the first to make Moat’s first-in-class ad measurement actionable for media buyers. We’re confident this collaboration will help advertisers reduce waste and protect consumer trust.”

“Some brand safety solutions ask websites and apps to grade their own homework through self-reported URL keywords describing the content on their sites,” said Patrick Jones, group vice president and general manager, partnerships, Oracle Data Cloud. “Our contextual intelligence platform reviews and classifies billions of pages and apps with language-based algorithms, so we can categorize the content of each page as safe and brand-appropriate. By integrating that brand safety with our leading IVT and viewability tools, Pre-Bid by Moat gives marketers confidence that their ads are reaching real people, viewable, and appearing in brand-safe environments.”

For more information about Oracle Data Cloud’s Pre-Bid by Moat, please contact the Oracle Data Hotline at https://www.oracle.com/cloud/data-hotline.html.

Contact Info
Simon Jones
Oracle PR
+1-415-202-4574
s.jones@oracle.com
About Oracle Data Cloud

Oracle Data Cloud helps marketers use data to capture consumer attention and drive results. Used by 199 of the world's 200 largest advertisers, our Audience, Context and Measurement solutions extend across the top media platforms and a global footprint of more than 100 countries. We give marketers the data and tools needed for every stage of the marketing journey, from audience planning to pre-bid brand safety, contextual relevance, viewability confirmation, fraud protection, and ROI measurement. Oracle Data Cloud combines the leading technologies and talent from Oracle’s acquisitions of AddThis, BlueKai, Crosswise, Datalogix, Grapeshot, and Moat.

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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Simon Jones

  • +1-415-202-4574

Oracle Empowers Global Retailers to Streamline Omnichannel Complexity

Tue, 2018-11-06 07:00
Press Release
Oracle Empowers Global Retailers to Streamline Omnichannel Complexity Better Inventory Visibility and Integration Across Transactions Enables Retailers to Improve Customer Experiences and Loyalty

Redwood Shores, Calif.—Nov 6, 2018

Recent enhancements to Oracle Retail Order Management System Cloud Service provide retailers with real-time visibility into inventory and customer activity throughout the transaction lifecycle, helping brands navigate omnichannel fulfillment complexity. By integrating all aspects of the transaction lifecycle across all channels and points of service, retailers open a wealth of opportunities to increase revenue, enhance customer loyalty, streamline operations, reduce markdowns, and cut costs.

Oracle Retail Order Management System Cloud Service integrates with Oracle Retail Order Broker Cloud Service to manage not only order creation, tracking, and payment but also the steps of the fulfillment process. The Oracle Retail Order Management Cloud Service unifies order maintenance, customer notifications, contact center, and payment settlements, while Oracle Retail Order Broker Cloud Service handles enterprise inventory, the routing engine, drop shipments, and the store connection for the associates.

“Oracle's OMS utilizes its Intelligent Order Routing to allow routing engines to make decisions as to the most profitable location to fulfill an order from while satisfying customers' requirement and still satisfying margin/profitability calculations via Order Broker,” said Victoria Brown, Research Manager, Global Supply Chain Strategy & Execution, IDC. “Oracle's users have found the system to have a tremendous speed to ROI and appreciate the speed to go live from the ease of configuration on the cloud.”

“Oracle Retail is honored to serve as a strategic partner that helps a global community prepare for the next wave of omnichannel innovation,” said Jeff Warren, Vice President Solutions and Strategy, Oracle Retail. “By providing our customers with an enterprise view of inventory and order across our omnichannel suite of solutions, brands are able to create new business standards that enhance customer loyalty, streamline operations and maximize profitability.” 

Oracle Retail Delivers a Prescriptive Approach to Order Management
  • Open Integration: In addition to pre-integration between Order Management and solutions within the Oracle portfolio, including with POS, CRM and ecommerce offerings, which work cohesively and solve end-to-end supply chain needs, open integration allows other third-party systems to handle the necessary business flows.
  • User Experience: A modern contact center with a streamlined workflow allows a quick and easy way for customer service reps to leverage customer information more effectively throughout the transaction and as part of their marketing, merchandising, and customer service efforts.
  • Globalization: To support global retailers, the introduction of language translation and fiscal requirements enables users in new markets. With these enhancements, we can empower contact center agents in France, Spain, Italy, Switzerland, Austria and Germany.
  • Modern Payments: The addition of a payment extension layer eases the integration with providers. A secure integration with Oracle Retail Customer Engagement for our gift card integration allows retailers to take advantage of additional features that are offered.

“The modern user experience present in Oracle Retail Order Management System Cloud Service empowers contact center agents to provide more thoughtful service by serving up all relevant information in a single, highly useable panel,” said Chris Sarne, Senior Director, Oracle Retail. “Visibility into order tracking and inventory location for service associates is critical to encourage customer loyalty as the omnichannel environment for retailers becomes more complex.”

Contact Info
Matt Torres
Oracle
415-595-1584
matt.torres@oracle.com
About Oracle

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

About Oracle Retail

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

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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

  • 415-595-1584

Yamamay Turns to Oracle Retail to Uncover Inventory Performance Insights, Localize Inventory and Optimize Margins

Mon, 2018-11-05 10:00
Press Release
Yamamay Turns to Oracle Retail to Uncover Inventory Performance Insights, Localize Inventory and Optimize Margins Top Italian Clothing Brand Deploys Oracle Retail Solutions Across Growing EMEA Footprint

Redwood Shores, Calif.—Nov 5, 2018

Leading Italian brand Yamamay, a part of Pianoforte Group, has invested in and deployed an Oracle Retail suite of solutions to help support its long-term global growth strategy.  The retailer has implemented Oracle Retail Merchandising Financial Planning, Oracle Retail Assortment Planning and Oracle Retail Xstore Point-of-Service solutions to localize offerings and personalize the customer experience as it expands the brand beyond an existing footprint of 680 franchise and owned stores in 39 countries across Europe and the Middle East.

In a hyper-competitive market, Yamamay sought to deliver a faster sell-through of goods, drive more significant insight into customer preferences and inspire management to adapt to local market demands as the company continues to add new locations. By more effectively analyzing customer behavior with Oracle Retail technology, Yamamay empowers their planning team to create more localized assortments, and execute strategies to more closely match supply and demand to help optimize revenue and maximize margins.

“Yamamay is pleased to extend the relationship with Oracle.  Yamamay selected a suite of world-class retail solutions to enhance its retail business operational excellence and productivity,” said Roberto Villa, Chief Information Officer, Yamamay. “The Oracle Retail suite offers a vast choice of solutions that will boost Yamamay’s capability to interact with its loyalty-driven customers worldwide effectively. Oracle provides us with the strategic planning system that delivers immediate value and will scale to run our business.”

“In our 2018 consumer research study The New Topography of Retail, we discovered that 72% of European consumers think knowledgeable in-store staff are important to their brand experience. A satisfying brand experience begins with smarter decisions in planning the assortment to executing flawlessly in store,” said Chris James, Vice President of EMEA, Oracle Retail. “Yamamay understands the importance of delivering the right inventory to the right customer from planning through the transaction. We are pleased they chose Oracle Retail to empower their planners and associates.”

Due to the strategic importance of this investment, Yamamay branded their transformational initiative “Project Retail Evolution” around the imperatives of the assortment planning, the product collection and the retail experience. The brand began with the implementation of Oracle Retail Merchandise Financial Planning to gain control of the financial plan and strengthen the Open to Buy (OTB) process and systems and followed with the implementation of Oracle Retail Assortment Planning to reduce the number of SKUs per collection while opening new product streams in the product collection. Yamamay will also use these inventory insights to revise shop clustering strategy to improve their assortment and exposure.

Contact Info
Matt Torres
Oracle
415-595-1584
matt.torres@oracle.com
About Oracle

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

About Oracle Retail

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

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 415-595-1584

Public Utilities Enhance Energy Efficiency Programs with Oracle

Mon, 2018-11-05 07:00
Press Release
Public Utilities Enhance Energy Efficiency Programs with Oracle

Redwood Shores, Calif.—Nov 5, 2018

Elizabethtown Gas and Riverside Public Utilities (RPU) join a growing list of utilities using Oracle Opower Home Energy Reports to educate customers on energy efficiency and related savings. With Oracle Opower, these utilities have the potential to increase savings and engagement for more than 179,000 households.

"We are proud to be working with Riverside Public Utilities and Elizabethtown Gas to enhance their energy efficiency education and drive increased efficiency solutions amongst their customers," said Rodger Smith, SVP and general manager of Oracle Utilities. "Our behavioral Energy Efficiency programs have contributed significant bill savings for consumers, and we continue to innovate to bring our utility customers the best in home energy management solutions."

Since Elizabethtown Gas launched the program in December 2017, participating customer savings continue to trend upward. The utility also implemented Oracle's energy efficiency web portal to provide online tools including bill comparison insights and an online audit.

RPU selected Opower Home Energy Reports to help improve customer experience, increase energy efficiency savings, and drive more digital engagement. The implementation of the Home Energy Reports represents an expanding relationship between RPU and Oracle Utilities. The utility currently utilizes Oracle’s Work and Asset Management solution to manage asset lifecycles, streamline maintenance operations and improve regulatory compliance.

"Working with Oracle, we are now able to deliver new, cutting-edge tools that allow our customers to gain a better understanding of their energy use at home and make educated decisions regarding their electric bill," said RPU account manager, Ryan McManus.

Ranked number one in Navigant Research's Leaderboard report on Home Energy Management systems, Oracle Opower Home Energy Reports provide residential customers personalized feedback and actionable insights about their energy consumption to help motivate them to lower their usage.

Oracle Utilities recently announced that its Opower Home Energy Reports and Energy Efficiency programs achieved a total of $2 billion in utility bill savings for consumers over the past decade and have reached more than 20 TWh in energy savings. The reports include a neighbor comparison, energy usage trends, seasonal disaggregation, and personalized energy saving tips that are powered by an intelligent recommendation engine.

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

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

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

Talk to a Press Contact

Valerie Beaudett

  • +1 650.400.7833

Wendy Wang

  • +1 979.216.8157

Medical School Cuts Costs with Oracle Cloud

Thu, 2018-11-01 07:00
Press Release
Medical School Cuts Costs with Oracle Cloud In just months, West Virginia School of Osteopathic Medicine modernizes systems, bolsters security, and saves $50,000 using Oracle Cloud Infrastructure

EDUCAUSE, Denver, CO—Nov 1, 2018

To better optimize its resources and serve its students, faculty and staff, West Virginia School of Osteopathic Medicine (WVSOM) is using Oracle Cloud. With a complete, unified platform, the school can now ensure secure, dynamic management of its operations and deliver a highly engaging and efficient experience to students and staff alike. Since launching the new platform just months ago, WVSOM has already cut operational costs by approximately $50,000.

WVSOM is a leader in educating osteopathic physicians for primary care medicine in rural areas. It prides itself on being at the intersection of technology and medicine, combining a human touch with cutting-edge medical technology to produce the best educated, most caring and compassionate osteopathic physicians in the world. Nationally recognized for its efforts, the medical school knew it needed to invest in the latest IT technology to best position the school for overall success. Further, the school also recognized the importance of delivering a modern, personalized, experience to its technologically savvy students and staff. After evaluating several solutions, WVSOM selected Oracle Cloud Infrastructure, due to its competitive pricing – more than one-third the cost of other providers—and for the platform’s advanced security benefits.

“As a medical school focused on educating our students on cutting-edge medical technologies, WVSOM saw the importance of enhancing the experience of our students and staff by also investing in advanced technology across all school functions,” said Kim Ransom, Chief Technology Officer at WVSOM. “With Oracle Cloud, WVSOM was not only able to quickly implement the latest in enterprise technology, but we also had the peace of mind knowing that we were doing so with the level of security and cost efficiency that is critical to running our school.”

Critical to the success of the project was Oracle Cloud’s ability to work with WVSOM’s existing investment in Ellucian Banner. Today, the system is comprised of two primary components including a self-service module for students, staff and faculty and an administrative module to holistically manage the school’s operational functions including HR, accounts receivable, accounts payable, financial aid and admissions.

“Universities big and small are faced with a unique challenge – students that understand and expect personalized, seamless experiences enabled by technology while still having to operate on limited budgets and resources,” said Pat Mungovan Oracle’s group vice president of Higher Education and Research. “Oracle Cloud is empowering WVSOM with enterprise-grade technologies to meet the needs of its entire school community, all while keeping its focus on remaining one of the top medical schools in the country.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
About Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is an enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure can dramatically increase operational efficiency and lower total cost of ownership. For more information, visit https://cloud.oracle.com/iaas.

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

Katie Barron

  • +1.202.904.1138

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