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

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

Redwood Shores, Calif.—Jan 17, 2017

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

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

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

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

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

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

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

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

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

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

About Oracle PartnerNetwork

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

About PwC

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

Trademarks

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

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

Safe Harbor

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

Talk to a Press Contact

Alex Moriconi

  • +1-650-722-0678

Christopher J Ward

  • +44(0)7843367375

Dario Cziráky

  • +44(0)7702699200

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

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

Redwood Shores, Calif.—Jan 17, 2017

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

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

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

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

Oracle Retail at NRF 2017

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

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

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

About SKECHERS USA, Inc.

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +1.415.595.1584

Jennifer Clay

  • +1.310.937.1326

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

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

Oracle CloudWorld, New York—Jan 17, 2017

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

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

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

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

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

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

Oracle Cloud

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

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

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

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

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

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

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

Oracle CloudWorld, New York—Jan 17, 2017

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

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

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

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

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

Oracle Cloud

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

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

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

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

Oracle Cloud Continues Exceptional Customer Momentum

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

Oracle CloudWorld, New York—Jan 17, 2017

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

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

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

Customers Drive Innovation and Business Transformation with Oracle Cloud

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

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

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

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

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

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

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

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

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

Oracle Launches Oracle Code Events for Modern Cloud Development

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

Oracle CloudWorld, New York—Jan 17, 2017

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

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

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

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

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

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

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

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

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

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

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Alex Shapiro

  • +1.415.608.5044

Panda Retail Company Deploys Oracle to Optimize Operations and Support Business Transformation

Mon, 2017-01-16 11:00
Press Release
Panda Retail Company Deploys Oracle to Optimize Operations and Support Business Transformation Saudi Arabian Hypermarket, Supermarket and Convenience Store Chain Leverages Oracle Retail Solutions to Drive Performance

Redwood Shores Calif—Jan 16, 2017

Today, Oracle announced that Saudi Arabia’s largest supermarket retailer, The Panda Retail Company, has deployed the suite of Oracle Retail Merchandising, Oracle Retail Planning, Oracle Retail Supply Chain, and Oracle Retail Store Inventory Management to optimize core retail operations and underpin additional business diversity in line with its planned growth and customer centric strategy. The Panda Retail Company employs 25,000 people and operates more than 475 hypermarket, supermarket and convenience stores throughout Saudi Arabia, United Arab Emirates and Egypt.
 
The Oracle solutions enable Panda to surface salient insights to critical performance indicators including sales, margin, inventory, and supplier activities, and equip the business to make decisions that increase profitability and enhance the customer experience. This empowered organization drives the business with one single version of the truth across all lines of business, to enable better decision making, including achieving the right balance between item availability and inventory position.
 
“To achieve our corporate goals, planned transformation initiatives and customer centric strategy, we needed the right systems, processes, and people in place. Oracle is uniquely qualified to support our current and future business strategy with retail rich end to end capabilities and best in class technology,” said Fawaz Kilfaden, Director of Information Technology at Panda Retail Company. “Ultimately, the goal of the program is to enrich the customer experience, improve performance and enhance our business governance across the enterprise.”
 
Panda adopted a flexible implementation strategy for its complete suite of solutions, including Oracle Retail Merchandise Operations Management, Oracle Retail Merchandise Financial Planning, Oracle Retail Demand Forecasting, Retail Merchandising Analytics and Oracle Retail Store Inventory Management.  The Oracle solutions replace legacy in-house and outdated vendor solutions that limited data access and lacked the roadmap to meet changing retail trends.  Panda wanted to put in place a system that would account for all of its retail and enterprise operations, and would afford greater flexibility for growth and innovation.
 
“We are pleased to continue to be part of Panda’s vibrant business and innovation, as the company expands its international presence. By leveraging the full suite of Oracle Retail, Panda is achieving the benefits of deep retail and global grocery expertise across their operations. We owe a debt of gratitude to our customers and partners who continue to inform our roadmap and vision,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.
 
Oracle Retail at NRF 2017
 
Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017
 
Contact Info
Matt Torres
Oracle
4155951584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

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Matt Torres

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Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences

Mon, 2017-01-16 05:42
Press Release
Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences Department store retailers empower store associates with modern technology

Redwood Shores Calif—Jan 16, 2017

Oracle announced today that Belk, Hot Topic and Torrid have invested in Oracle Retail Xstore Point-of-Service to improve their in-store guest experiences. All three companies are owned by Sycamore Partners, a New York-based private equity firm whose portfolio generates more than $10 billion in annual sales.
 
Retailers compete on the basis of brand experience. The store is the nucleus of the human touch point. Consumers are embracing mobile devices and transformative in-store technologies that redefine their shopping experiences. Belk, Hot Topic and Torrid will leverage this same technology to empower associates and provide them with more information to better serve consumers.
 
With a modern and intuitive user interface, Oracle Retail easily delivers and demonstrates best practices in retailing as a platform for unified commerce and transparency.
 
“The success of all three companies is dependent on the commitment and dedication of our associates,” said Don Hendricks, executive vice president and chief operating officer, Belk. “The investment in Oracle Retail Xstore Point-of-Service empowers and inspires our associates to deliver a personalized shopping experience.”
 
“By using Oracle Retail solutions, these retailers empower associates to sell their products quickly, consistently and knowledgably from wherever they engage their customers,” said Mike Webster, senior vice president and general manager, Oracle Retail and Hospitality. “Oracle empowers commerce by investing in complimentary cloud services that provide retailers with a single view of customer and order starting at the point of sale.”
 
Oracle Retail at NRF 2017
 
Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 15-17, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #2521. For more information check out: www.oracle.com/nrf2017
 
Contact Info
Matt Torres
Oracle
4155951584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matt Torres

  • 4155951584

Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail

Fri, 2017-01-13 11:00
Press Release
Ricardo Eletro Reduces Operational Cost by 40m Brazilian Reais per Month with Oracle Retail Brazilian Consumer Electronics Retailer Streamlines Operations with Oracle Retail Merchandising and Fiscal Management Solutions

Redwood Shores, Calif.—Jan 13, 2017

Today Oracle announced that Ricardo Eletro, the third largest retailer of consumer electronics in Brazil, has deployed Oracle Retail Merchandise Operations Management and Oracle Retail Fiscal Management to enable converged commerce, empower associates and increase operational efficiency. Ricardo Eletro faced the challenge of integrating more than 900 stores and 12 distribution centers in the midst of company transformation. 

The partnership between Oracle Retail and Ricardo Electro began eight years ago. In January 2016, following several mergers and the costly support of disparate systems and varying IT infrastructure maturity levels, the decision was to unify Ricardo Eletro under one brand, and a unified Oracle IT infrastructure. This collaboration empowered the Ricardo Eletro commercial department to optimize the market structure to facilitate open to buy, centralize management, and streamline pricing, while enabling adherance to federal regulations. 

"We needed to establish a foundation for the new organization. We evaluated the systems and existing investment of all our companies. Oracle emerged as the clear choice to establish a foundation for growth for Ricardo Eletro," said Edson Tavares, CIO of Ricardo Eletro.

“The ‘Unification’ project transformed the company with a simplified infrastructure, a unified workforce and a better appreciation of customers while reducing operation costs by 40M Brazilian Reais per month,” Said Vinicius Hamzi, Planning and Management Vice president of Ricardo Eletro. “Our team empowered the holding and operations teams with a culture of transparency and efficiency. We launched a Zero-Based Budget (ZBB) and we adopted the best practices and retail rich functionality of Oracle Retail and Oracle E-Business Suite.”

Ricardo Eletro selected Oracle Retail implementation partner BRX Retail to support this project. BRX Retail provided local resources with product experience, local understanding of Brazilian tax regulation and the implementation knowledge to deliver and respond quickly.

“With the implementation of Oracle, Ricardo Eletro has proven that there is power in simplicity. Ricardo Electro can now anticipate the needs of the stores and the online channels to better serve the consumers with a simplified an inspiring experience,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “Oracle has dedicated resources to localize the requirements for the Brazil market. Oracle Retail is thrilled to partner with Ricardo Eletro to extend its foundation for growth.”

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415.595.1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415.595.1584

Hamleys Deploys Oracle Retail Xstore Point-of-Service in 8 Months

Thu, 2017-01-12 07:00
Press Release
Hamleys Deploys Oracle Retail Xstore Point-of-Service in 8 Months International Specialty Retailer Empowers Store Associates with In-Store Innovation

Redwood Shores, Calif.—Jan 12, 2017

Today Oracle announced leading International Toy Retailer Hamleys has deployed Oracle Retail Xstore Point-of-Service across its UK, Republic of Ireland and Finnish store estate. Hamleys is a respected international brand operating in 23 markets across EMEA, Asia and the Americas. Hamleys differentiates itself through its in-store experience for children and families with a product assortment that includes key brands as well as quality private/own brand products.

Hamleys partnered with MICROS prior to the acquisition by Oracle. Hamleys is one of the first customers to successfully and quickly transition from an older version of MICROS RJ to Oracle Retail Xstore Point-of-Service, a more global and strategic solution that supports the organization’s global needs.

“Oracle were identified as an opportunity for Hamleys to introduce a new epos solution which gives us many enhancements to improve customer offering whilst also offering improved trading terms as well as being compliant to the current version of PCI,” said David Oakley, Head of Information Technology, Hamleys. “Oracle delivered on time to support our critical Christmas trading season.”

Hamleys deployed the new Point-of-Service solution in less than 8 months on-time and within budget with Oracle Retail Consulting. The first store was live in six months followed by a rollout across the UK and Ireland. By late October, Hamleys was able to upgrade the 50 tills at the Regent Street London England flagship store location.

 “Oracle is dedicated to providing customers with a path to the latest and most appropriate version of mission-critical solutions like Point-of-Service. Our converged commerce solutions unify experiences, deliver common execution across touch points and provide consistent views of customer, order and inventory,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are empowering store associates to work the way they live, and use mobile devices to better participate in empowered commerce-retailing.”

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415.595.1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415.595.1584

Oracle Cloud Applications Drive Carbon’s Quest to Lead in 3D Printing and Additive Manufacturing

Thu, 2017-01-12 07:00
Press Release
Oracle Cloud Applications Drive Carbon’s Quest to Lead in 3D Printing and Additive Manufacturing Carbon to streamline business processes across organizational development, manufacturing, finance, and services

Redwood Shores, Calif.—Jan 12, 2017

Carbon (Carbon, Inc.), whose CLIP (Continuous Liquid Interface Production) technology allows commercial customers to 3D print manufacturing grade components, has selected Oracle Cloud Applications to modernize its systems, transform business processes, and help ensure a secure, scalable, and connected cloud suite for the next phase of the company’s growth. Oracle’s Cloud Applications will enable Carbon to maintain a competitive edge in the dynamic additive manufacturing market by helping to increase business agility, lower costs, and reduce IT complexity.

Working at the intersection of hardware, software, and molecular science to deliver on the promise of 3D printing, Carbon sought a cloud solution that could be configured to its business needs and could keep pace with its anticipated rapid growth both domestically and globally. Carbon selected Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Human Capital Management (HCM) Cloud, Oracle Supply Chain Management (SCM) Cloud, and Oracle Service Cloud over SAP because of the strength of Oracle’s integrated breadth and depth of offerings, embedded analytics, and the modern, easy-to-use interface of its applications.

“As we evaluated our business needs, we knew we needed a future-proof cloud-based solution that could scale as we grow. Not only did we need a sales-ready product, but we also needed a sales-ready business organization,” said Chris Hutton, director of business operations at Carbon. “Oracle’s Cloud Applications help ensure our business processes are seamless so we can focus on delivering the best experience to every customer.”

Carbon’s deployment of Oracle’s comprehensive and modern suite of Cloud Applications will streamline business processes, and optimize collaboration and efficiencies in the following ways:

  • Oracle HCM Cloud will allow Carbon to leverage talent and workforce management offerings to provide an engaging and collaborative HR experience, and enhance how they find and retain quality employees
  • Oracle SCM Cloud will help transform supply chain operations to optimize cost, service levels, and the supply chain network
    • Oracle Manufacturing Cloud will streamline manufacturing processes through visualizations and real-time views into shop floor operations and work orders, while controlling costs
  • Oracle ERP Cloud will allow finance to spend more time on higher-value activities, such as analyzing results and advising the business on strategy
  • Oracle Service Cloud will help differentiate Carbon’s brand with intuitive, engaging experiences through the cloud for customers and employees alike

“Carbon has a vision to enable every member of their company to have a comprehensive 360-degree view of each customer. We are pleased to work with them to ensure our Cloud Applications deliver this visibility to support their ongoing success,” said Gretchen Alarcon, group vice president of product strategy at Oracle. “Oracle’s enterprise-grade Cloud Applications work together seamlessly to empower everyone from a relationship manager to Carbon’s CEO to see how all parts of the business are performing.”

Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

For additional information, visit Carbon, Oracle Cloud, and connect with Oracle Cloud on Facebook and Twitter.

Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Carbon

Carbon is working at the intersection of hardware, software and molecular science to deliver on the promise of 3D printing, enabling creators to think beyond the limitations of convention to design the parts and products that will drive the businesses of the future. Carbon’s Continuous Liquid Interface Production technology (CLIP) was introduced simultaneously at TED 2015 and to the scientific community on the cover of Science Magazine (Science, March 2015). In April 2016, Carbon introduced the M1, its first commercial CLIP-based additive manufacturing machine, created as a comprehensive solution for the next era of design and manufacturing. To date Carbon has received $141 Million in funding. For more information please visit Carbon3D.com or follow Carbon on Twitter @Carbon.

About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Mexican Retailer Almacenes García Deploys Best in Class Oracle Retail Planning Solutions

Wed, 2017-01-11 07:00
Press Release
Mexican Retailer Almacenes García Deploys Best in Class Oracle Retail Planning Solutions Fast Fashion Retailer Increases Inventory Turnover and Localizes Assortment

Redwood Shores, Calif.—Jan 11, 2017

Today, Oracle announced that fashion retailer Almacenes García has deployed Oracle Retail Planning and Optimization solutions to support growth and transformation. Almacenes García is a 70-year-old retailer that has shifted from a traditional apparel retailer to a fast fashion retailer. Today Garcia serves insatiable fashion-oriented millennial shoppers.

The demands of fast fashion retailing required Almacenes García to consider finding a solution provider who can help facilitate new production introduction, assortment planning and lifecycle pricing. The fashion retailer selected Oracle Retail to replace an outdated planning solution, to reduce the total cost of ownership through automation, adopt best practices and create a unified technology infrastructure.

“Garcia drives loyalty and gains market share through a single price strategy, the right mix of private label brands, fast inventory turnover and a compelling assortment specific to store type. With the Oracle Retail implementation, we transformed disparate and disconnected functions into a centralized and streamlined process with a collaborative and holistic planning approach,” said Andrei Savtchenko, Director IT, Almacenes García.

Almacenes Garcia selected Retail Consult to deploy Oracle Merchandise Financial Planning, Oracle Retail Assortment Planning, Oracle Retail Clearance Optimization and Oracle Retail Item Planning to support over 150 store locations across Mexico in just under 16 months.

“The Oracle Retail solutions include a rich tapestry of retail best practices, process workflows and architecture recommendations called the Retail Reference Library. This library gives you the confidence to deploy a vanilla implementation, and rapidly realize benefits.” said Andrei Savtchenko, Director IT, Almacenes García.

“At Oracle Retail, we are honored to serve over 5,000 retailers around the world. The power of this community is reflected in the development of our solutions,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “As an early adopter of Oracle Retail Assortment Planning and Clearance Optimization, Almacenes García’s experience will help to enhance future releases and improve the solutions for future customers.”

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Sur La Table Selects Oracle Commerce to Complement Oracle Retail Xstore Point-of-Service

Tue, 2017-01-10 07:00
Press Release
Sur La Table Selects Oracle Commerce to Complement Oracle Retail Xstore Point-of-Service Specialty Midmarket Retailer Connects Stores, Online, and Distribution Center Operations

Redwood Shores, Calif.—Jan 10, 2017

Today Oracle announced that Sur La Table has deployed Oracle Retail Xstore Point-of Service and has selected Oracle Commerce to deliver a converged commerce experience across all channels. Catering to the growing number of consumers visiting its commerce site and more than 130 stores nationwide, Sur La Table is creating a cohesive shopping experience, personalizing offers and streamlining order fulfillment. A popular destination for exclusive and premium-quality goods for the kitchen and table, Sur La Table is a place where cooks find a surprising selection of culinary tools and foods from around the world, with helpful, knowledgeable employees.

“We are empowering our associates in the stores to improve the customer experience with the Oracle Retail Xstore Point-of-Service solution. We selected Oracle Commerce to deliver a consistent brand experience across channels,” said Tracy Cioffi, Senior Vice President of Marketing, Sur La Table.  

Sur La Table continues to transform its IT infrastructure by using Oracle to compliment or replace customized legacy applications that hindered growth and were costly to maintain. Before transitioning to Oracle, Sur La Table evaluated the savings against ongoing cost of maintaining its legacy systems.

“Oracle is providing the retail industry’s leading, most comprehensive enterprise solutions to retailers of all sizes,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are pleased to partner with Sur La Table will continue to deliver innovation backed by world class technology.”

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity

Mon, 2017-01-09 07:00
Press Release
Oracle Retail Suite 16 Introduces New Cloud Services to Maximize Retail Profit and Productivity Platform Upgrades Bring Extensive New Services to the Cloud and Mobile POS

Redwood Shores, Calif.—Jan 9, 2017

Oracle announced today the availability of Oracle Retail Release 16, which empowers retailers to deliver unified consumer experiences across ecommerce and brick and mortar locations. The new release reflects insights of our global customer community regarding shared business challenges and more than 100,000 development days invested via Oracle’s renowned research and development team, culminating in the retail industry’s most advanced and mobile-enabled cloud services and on-premise solutions.

“As retailers invest in new markets and offerings for 2017, having the right infrastructure, optimization science and mobile solutions will become a critical competitive advantage,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “Oracle’s Cloud First strategy enables us to deliver a steady cadence of innovation to our global retail customers, and we are taking the industry’s leading retail science and best practices to a new level with Oracle Retail Release 16.”

Expanding Cloud Services for Retailers

Oracle Retail recognizes the industry is in a period of migration to cloud technologies and has put in place a strategy that will support cloud and on-premise solutions, empowering customers to migrate to the cloud at a pace that meets their strategic needs.

“Access to retail-specific cloud services is a critical differentiator for brands to streamline operations, expand offerings and scale at a fast pace,” said Ray Carlin, senior vice president and general manager of Oracle Retail. “With Oracle Retail Release 16, brands of all sizes can access best-in-class industry solutions through our world-class cloud services.”

  • On-Premise to Cloud: Oracle extends its industry-leading Oracle Retail Planning and Optimization technology to the cloud and enables retailers to reduce implementation costs with the Oracle Retail Planning Enterprise Cloud Service platform.  The shift to next generation cloud-based planning capabilities allows retailers to plan by exception and scale when needed by paying for capacity used.
  • The Power of the Cloud: Oracle now offers over 33 Oracle Retail cloud services including its industry leading merchandising solution with documented best practices and automation of key process at a lower cost.

Making Critical Merchandising Operations Mobile

“We optimized Oracle Retail Suite 16 for a mobile environment recognizing that old and new generations want to use consistent technology at home and at work,” said Jeff Warren, vice president product strategy at Oracle Retail. “Our platform is engineered to accelerate critical decision making through a powerful interface for managers and analysts that is built upon machine learning and data analytics.”

  • Reduce Labor Cost: Oracle Retail Release 16 accelerates user productivity by leveraging persona-based dashboards at the core of the solution and highlighting opportunities that will impact service levels, inventory margins and key business metrics. These new persona-based dashboards empower users to be more efficient by surfacing key actions and metrics that are relevant to the user, driving increased productivity and ultimately empowering them.
  • Modern Exception Based Retailing: The new modern, user experience and mobile applications across Oracle Retail Merchandising Release 16 place business intelligence and analytics at the front of every process to enable collaboration & empower associates with context to make better & faster decisions.  With this release, Oracle Retail Merchandising is expanded to support Android and Apple devices which increase managerial productivity through exception-based reporting and transaction approvals. These additions extend existing buying, allocating, inventory management, sales auditing and invoice-matching capabilities to mobile devices.

Giving Store Associates a Fully Informed Mobile Solution

Oracle Retail is also bridging the productivity gaps between online and traditional point of sale functionality, through mobile experiences that inspire store associates to engage consumers away from the register.

  • Converged Commerce: Also now available, the Oracle Retail Extension Module for Oracle Commerce allows retailers to deliver a common brand experience across all touch points by using Oracle Cloud Services to manage orders, optimize fulfillment decisions, and give everyone the same single view of customers across your enterprise. Oracle’s Xstore POS also enables retailers to help customers pick up, complete, or change purchases from any location by integrating with Oracle Retail Customer Engagement Software, Oracle Retail Order Broker and Oracle Retail Order Management System.
  • Better Together: The mobile Oracle Retail Xstore Point of Service is also optimized to provide traditional web functionality like in-depth product details, ratings and reviews, and task management so associates are able to engage consumers away from the register with deep insights operating on the Oracle MICROS Family Workstation.
  • Mobility Everywhere: With this release, Oracle Retail Xstore now offers four different ways for store employees to engage – using a traditional fixed device, dockable tablets, tablets, and mobile.  All use the same POS platform and provide full check out, CRM visibility, cross- and up-sell functionality, fulfillment, search, price check and loyalty program integration from any device.

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Red Wing Shoe Company Deploys Oracle to Fuel Growth Among Diverse Consumer and Industrial Markets

Fri, 2017-01-06 10:00
Press Release
Red Wing Shoe Company Deploys Oracle to Fuel Growth Among Diverse Consumer and Industrial Markets Growing Retailer Delivers Leading Work Boots and Popular Styles via 170+ Mobile Truck-Based Stores and 450+ Traditional Stores

Redwood Shores, Calif.—Jan 6, 2017

Today Oracle announced that Red Wing Shoe Company, a made in America brand selling to customers worldwide, has implemented Oracle Retail Xstore Point-of-Service to support its rapid growth among new and traditional customer markets.  Red Wing Shoes, which continues to launch new product lines and expand to new markets worldwide, plans to increase its store count over a five-year period by 25% - 30%.

Red Wing Shoes’ styles appeal to diverse consumer groups – from construction workers to hipsters – and getting the experience right for each buyer persona requires thoughtful execution of brand interactions.  The Oracle Retail solution enables Red Wing Shoes’ to empower store associates and elevate customer service by allowing store associates to work via mobile, tablet and stationary workstation devices.

“Oracle ensures our customer experience and retail operations are world class, and scales with us as fast as we are growing,” said Marc Kermisch, VP and CIO at Red Wing Shoes.  “The Oracle Retail Xstore solution delivers rich functionality that reflects Oracle’s deep retail focus; it works across mobile platforms in a manner that is intuitive to our employees.”

Among commercial customers, Red Wing Shoes has long been ahead of its peers in extending access and customer service beyond traditional brick-and-mortar stores.  The company’s fleet of 170+ trucks provides easier access to the right footwear by bringing fully stocked stores to work sites, where employees get help with sizing and order items for delivery at home or work.  Today, the Red Wing Shoe Company trucks are equipped with Oracle Retail Xstore to ensure accurate inventory planning and to provide immediate access to sizes and models and order fulfillment when customers at commercial sites need items shipped.

Red Wing Shoes chose Oracle Retail Xstore to replace a home-grown, highly customized point-of-sale solution that simply could not scale to meet evolving business requirements. Red Wing Shoes selected BTM Global to implement the Oracle solution.

“Oracle empowers retailers to deliver a flexible, rich customer experience and to optimize retail operations serving markets from multiple store formats including mobile stores,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are honored to be part of the success story at Red Wing Shoe Company, and we look forward to the company’s growth as they bring their unique brand to more consumers worldwide.”

Oracle Retail at NRF 2017

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

Contact Info
Matthew Torres
Oracle
+415 595 1584
matt.torres@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Matthew Torres

  • +415 595 1584

Wake Forest Baptist Medical Center Boosts Business Agility with Unified Suite of ERP and HCM Cloud Services from Oracle

Tue, 2016-12-20 07:00
Press Release
Wake Forest Baptist Medical Center Boosts Business Agility with Unified Suite of ERP and HCM Cloud Services from Oracle

Redwood Shores, Calif.—Dec 20, 2016

Wake Forest Baptist Medical Center, a medical center dedicated to improving health through collaborative innovation in Winston-Salem, North Carolina, has selected Oracle Cloud Applications to optimize the performance of its finance and HR organizations. The move to Oracle Cloud is part of Wake Forest Baptist Medical Center’s larger strategy to transform business practices via modern cloud applications.

With 14,000 employees and annual revenue of approximately $2.4 billion, Wake Forest Baptist Medical Center needed to move its finance and HR systems to the cloud to keep pace in a dynamic healthcare environment. The medical center selected Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Human Management Capital (HCM) Cloud because of Oracle’s expertise in technology and commitment to help organizations implement and fully realize business benefits from the cloud.

“Oracle’s expertise in the cloud was critical for us as we sought to modernize our financial and HR systems and underlying workflow processes. Equipping our workforce with the best technology will enable us to focus more time on serving our patients and communities,” said Chad A. Eckes, executive vice president of corporate services and CFO of Wake Forest Baptist Medical Center. “We believe our investment in Oracle Cloud is the right strategic decision long term, as the architecture of the solution is designed to provide us with the most innovative technology and best practice business processes.”

Wake Forest Baptist Medical Center is among a growing number of customers who have chosen to modernize their back office operations with Oracle ERP and HCM Cloud together. Oracle Cloud’s single data model, common user interface, seamless workflow across business processes, and single access point strengthens security and compliance efforts, while enabling robust reporting and analysis on payroll, employee trends and talent requirements. Wake Forest Baptist Medical Center plans to take advantage of these benefits to further protect patient and employee privacy, while increasing business agility through tighter alignment of talent requirements and investments with strategic growth plans.

By replacing Wake Forest Baptist Medical Center’s PeopleSoft implementation with Oracle HCM Cloud, the HR department gains a highly-available, highly-efficient HR system management solution. The single, unified platform enhances user experience via a simple, scalable, and intuitive design with mobile and self-service capabilities designed to enable HR employees to spend less time on manual processes and more time on quality patient care and sourcing and retaining top talent.

Oracle ERP Cloud gives Wake Forest Baptist Medical Center immediate access to a complete, modern, and proven financial platform delivered seamlessly and securely through the Oracle Cloud. Oracle ERP Cloud's modern user interface, delivering embedded analytics, contextual social collaboration, and a device-independent mobile experience makes the sophisticated solution familiar and easy to use.

“Oracle’s Cloud applications provide a complete, innovative, and secure set of enterprise-grade offerings, with unmatched breadth and depth of functionality designed to support any size of company in any industry worldwide,” said Rondy Ng, Oracle’s senior vice president of applications development. “In healthcare, our integrated ERP and HCM Cloud solutions are able to meet the complex needs of both healthcare payer and provider organizations and their patients – whether it’s helping to reduce costs through more efficient financial processes or to engage employees with the right social and mobile tools to increase workforce productivity.”

With the Oracle Cloud, Oracle delivers the industry’s broadest suite of enterprise-grade Cloud services, including Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).

For additional information, connect with Oracle Cloud on Facebook and Twitter. To learn more about Oracle ERP Cloud, follow us on Twitter, and join the Facebook conversation at Oracle ERP Cloud.

To learn more about Oracle HCM Cloud, follow @OracleHCM on Twitter or Facebook, or read the Modern HR in the Cloud blog.

 
Contact Info
Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Q2 SAAS AND PAAS CLOUD REVENUES UP 81%, AND UP 89% IN NON-GAAP CONSTANT CURRENCY

Thu, 2016-12-15 13:59
Press Release
Q2 SAAS AND PAAS CLOUD REVENUES UP 81%, AND UP 89% IN NON-GAAP CONSTANT CURRENCY Total Quarterly Cloud Revenue $1.1 Billion—First Quarter Over One Billion Dollar Mark

Redwood Shores, Calif.—Dec 15, 2016

Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q2 results. Total Revenues were $9.0 billion, flat in U.S. dollars and up 1% in constant currency. Non-GAAP Total Revenues were $9.1 billion, up 1% in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $878 million, up 81% in U.S. dollars and up 83% in constant currency. Non-GAAP SaaS and PaaS revenues were $912 million, up 87% in U.S. dollars and up 89% in constant currency. Total Cloud Revenues, including infrastructure as a service (IaaS), were $1.1 billion, up 62% in U.S. dollars and up 64% in constant currency. Cloud plus On-Premise Software Revenues were $7.2 billion, up 2% in U.S. dollars and up 3% in constant currency.

Operating Income was $3.0 billion and Operating Margin was 34%. Non-GAAP Operating Income was $3.8 billion and non-GAAP Operating Margin was 42%. Net Income was $2.0 billion while non-GAAP Net Income was $2.6 billion. Earnings Per Share was $0.48, while non-GAAP Earnings Per Share was $0.61. Without the impact of the U.S. dollar strengthening compared to foreign currencies and an unforeseen Egyptian currency exchange loss, Oracle’s reported GAAP and non-GAAP Earnings Per Share would have been 2 cents higher.

Short-term deferred revenues were $7.4 billion, up 6% in U.S. dollars and up 8% in constant currency compared with a year ago. Operating cash flow on a trailing twelve-month basis was $14.2 billion, up 9% from the prior year.

“For four consecutive quarters our Cloud SaaS & PaaS revenue growth rate has increased,” said Oracle CEO, Safra Catz. “As we get bigger in the cloud, we grow faster in the cloud. Our non-GAAP constant currency SaaS and PaaS growth rate is now up to 89%. This growth rate acceleration has driven our quarterly cloud revenue over the $1 billion mark. When salesforce.com crossed the billion dollar milestone their SaaS and PaaS subscription growth rate had slowed down to 36%, even after you include all their acquisitions.”

“Oracle has now passed salesforce.com and become number one in SaaS cloud applications sales to customers with over 1,000 employees according to the latest IDC report,” said Oracle CEO, Mark Hurd. “In other words, this year we are selling more enterprise SaaS than any cloud services provider in the world. We expect to book over $2 billion in new annually recurring cloud business this year alone. And, with the acquisition of NetSuite, we plan on being the #1 cloud applications service provider for companies with less than 1,000 employees as well.”

“Our Database as a Service cloud revenue was $100 million for the quarter, driving growth in our overall database business,” said Larry Ellison, Oracle Chairman and CTO. “We expect our Database as a Service and IaaS businesses will grow even faster than our skyrocketing SaaS business. A lot of people were taken by surprise when IDC ranked Oracle #1 in Enterprise SaaS, surpassing salesforce.com and overcoming their fifteen year head-start. Stay tuned. More surprises coming. I think we’re going to do even better with IaaS and the Oracle database in the cloud.”

The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 5, 2017, with a payment date of January 26, 2017.

Q2 Fiscal 2017 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q2 results and Fiscal 2017 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: 34339280.

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

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

Trademarks

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

"Safe Harbor" Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our expectations of future revenue growth and bookings in our cloud business overall, and specifically our IaaS and Database as a Service businesses, and our expectations regarding the positive effects of the acquisition of NetSuite on our business 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 computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (3) If the security measures for our software, hardware, services or Oracle Cloud offerings are compromised or if such offerings contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and financial exposure. (4) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Economic, geopolitical and market conditions, including the continued slow economic recovery in the U.S. and other parts of the world, 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) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. 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 15, 2016. Oracle undertakes no duty to update any statement in light of new information or future events. 

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Ken Bond

  • +1.650.607.0349

Deborah Hellinger

  • +1.212.508.7935

Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union

Thu, 2016-12-01 08:00
Press Release
Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union Part of Oracle’s Greater $3.3 Billion Annual Investment to Accelerate Digital Literacy Worldwide

Redwood Shores, Calif.—Dec 1, 2016

Today, the European Commission and DIGITALEUROPE launched the Digital Skills and Jobs Coalition, a multi-stakeholder partnership to bolster computer science (CS) and coding proficiency at all levels within Europe’s workforce pipeline. In conjunction, Oracle announced a three-year investment totaling $1.4 billion in direct and in-kind support of CS education throughout the European Union (EU) member states.

Nearly 1,000 EU educational institutions currently collaborate with Oracle Academy, Oracle’s flagship program in education philanthropy that brings computer science education to nearly 3.1 million students in 110 countries. As part of today’s pledge, Oracle Academy aims to train 1,000 additional EU educators in CS, Java and Database instruction, as well as reach students across an added 1,000 EU educational institutions over the next three years.

“Digitally skilled professionals are critical to Europe’s competitiveness and capacity for innovation,” said John Higgins, Director General, DIGITALEUROPE. “Over the last ten years, we’ve seen the demand for workers with computer science and coding skills grow by four percent each year. Oracle’s efforts to bring computer science into classrooms across the European Union will help strengthen our digital economy.”

“At Oracle, we are thrilled to inspire and engage students from all different parts of the world in computer science,” said Alison Derbenwick Miller, Oracle Academy Vice President. “Earlier this year, Oracle made significant commitments to the White House’s CS for All and Let Girls Learn initiatives. Today’s announcement continues our momentum to advance digital education and increase diversity in technology fields globally.”

Additionally, Oracle Academy will drive several programs during the next three years, including:

  • Invite National Coalitions in the EU member states to partner with Oracle Academy in delivering computer science education to teachers and students
  • Provide new higher education curriculum in emerging technologies
  • Level Oracle Academy’s entire curriculum to the European Qualifications Framework (EQF)

Today’s commitment is an extension of Oracle’s pledge in 2013, which trained and empowered 1,246 EU educators to teach computer science, as well as added 203 EU educational institutions to Oracle Academy.

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

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computer science education globally to drive knowledge, innovation, skills development, and diversity in technology fields, offering a free and complete portfolio of software, curriculum, hosted technology, faculty trainings, support, and certification resources. Supporting more than 3.1 million students annually in 110 countries, the program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping to make them college and career ready in the era of big data, cloud computing, the Internet of Things, and beyond.

About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Julie Sugishita

  • 1.650.506.0076

Oracle Buys Dyn

Mon, 2016-11-21 06:00
Press Release
Oracle Buys Dyn Extends the World’s Most Comprehensive Cloud Computing Platform with the Leading Cloud-based Internet Performance and Domain Name System (DNS) Solution

Redwood Shores, Calif.—Nov 21, 2016

Oracle today announced that it has signed an agreement to acquire Dyn, the leading cloud-based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.

Dyn’s solution is powered by a global network that drives 40 billion traffic optimization decisions daily for more than 3,500 enterprise customers, including preeminent digital brands such as Netflix, Twitter, Pfizer and CNBC. Adding Dyn’s best-in-class DNS solution extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS).

“Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,” said Thomas Kurian, President, Product Development, Oracle. “Dyn’s immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform.”

“Oracle cloud customers will have unique access to Internet performance information that will help them optimize infrastructure costs, maximize application and website-driven revenue, and manage risk,” said Kyle York, Chief Strategy Officer, Dyn. “We are excited to join Oracle and bring even more value to our customers as part of Oracle’s cloud computing platform.”

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

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

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

Trademarks

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

Product Roadmap

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

Cautionary Statement Regarding Forward-Looking Statements

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

Safe Harbor

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

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

Ken Bond

  • +1.650.607.0349

Oracle Marketing Cloud Helps B2B Marketers Accelerate Lead Generation

Mon, 2016-11-14 12:29
Press Release
Oracle Marketing Cloud Helps B2B Marketers Accelerate Lead Generation New marketing automation and content marketing capabilities break down marketing silos and simplify cross-device content creation

Redwood Shores, Calif.—Nov 14, 2016

Oracle today announced enhancements to the marketing automation and content marketing capabilities within the Oracle Marketing Cloud that simplify digital marketing and empower marketers to deliver a truly personalized cross-channel customer experience. The latest additions to Oracle Eloqua and Oracle Content Marketing enable marketers to create and distribute content, and easily transform data in order to rapidly adapt to customer behavior and needs. This helps customers to increase sales and marketing collaboration, build stunning cross-device content and accelerate lead generation.

Ever increasing customer expectations are forcing B2B organizations to rethink established marketing processes in order to break down internal silos between marketing, sales and other customer facing departments and prevent a fragmented customer experience. To address this challenge, Oracle has introduced a new Content Portal, Program Canvas and Responsive Content Editor within the Oracle Marketing Cloud. These innovative new capabilities give marketers the power to align sales and marketing by making approved marketing content easy to find, track and share.

“The very nature of B2B marketing is changing and as a result marketers need to rethink content strategies and work closer than ever with sales to generate and convert leads,” said Stephen Streich, senior director of product management, Oracle Marketing Cloud. “With the latest additions to Oracle Eloqua and Oracle Content Marketing, Oracle is empowering marketers to quickly create and share compelling content across their organization and reduce the number of steps required to identify and pursue new leads. This will drive efficiency across the marketing and sales process and ultimately help marketers improve the customer experience and lead generation.”

The new enhancements to Oracle Eloqua and Oracle Content Marketing enable marketers to:

  • Find, track and share content across the organization: The new Content Portal allows cross-functional sales and marketing teams to find and utilize the right content at the right time using search criteria including Sales Stage, Buyer Persona, Content Type and custom fields. Individual users can subscribe to content that is relevant for them which then triggers automated notifications as soon as new content assets become available. Easily embedded into any third-party application or page, the new Content Portal also allows users to work in the tools they know enriched with capabilities they need to easily find, track and share marketing approved content.
  • Improve speed to lead and data normalization: The new Program Canvas empowers marketers to quickly set up data transformations and data normalization workflows. A new Listener Framework makes the data workflows dramatically faster and more responsive by listening to lead scoring models, forms and new contact creation events to give marketers the ability to be more responsive to critical prospect behaviors. In addition, next-generation application integration capabilities significantly reduce the number of workflow steps necessary to manage and maintain data, improving speed to lead while keeping databases maintained.
  • Streamline and simplify responsive content creation: Slated for planned release in early CY 2017, the new Responsive Content Editor helps marketers make content more meaningful and responsive by removing technical roadblocks.

The Oracle Marketing Cloud is part of the Oracle Customer Experience (CX) Cloud, one of the industry’s most complete CX solutions. Oracle CX Cloud empowers organizations to improve experiences, enhance loyalty, differentiate their brands, and drive measurable results by creating consistent, connected, and personalized brand experiences across all channels and devices.

Contact Info
Simon Jones
PR for Oracle
+1.415.856.5155
sjones@blancandotus.com
About Oracle

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Simon Jones

  • +1.415.856.5155

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