Oracle Press Releases

Subscribe to Oracle Press Releases feed Oracle Press Releases
All Oracle Press Releases
Updated: 3 hours 46 min ago

Industry Customers Modernize Business with Oracle Cloud

Wed, 2017-08-02 10:46
Press Release
Industry Customers Modernize Business with Oracle Cloud Oracle Global Business Unit cloud solutions drive innovation and accelerate success

Redwood Shores, Calif.—Aug 2, 2017

Companies in growing numbers across industries are gaining new efficiencies while modernizing their businesses with Oracle Cloud. Retail, Hospitality, Financial Services, Health Sciences, Construction & Engineering, Utilities, and Communications customers are able to innovate faster, increase productivity, and lower costs with a growing array of Oracle Global Business Unit solutions. AT&T, gnTel, Cordoba Corporation, Lenox and Al Nadhi are just a few of the latest customers who are benefiting from these cloud solutions.

“The worldwide cloud services market continues to display strong growth, as companies across verticals increasingly seek industry cloud applications and cloud-based solutions. Technology providers who can help companies more seamlessly share data and integrate multiple facets of the business will be best positioned to succeed,” Eric Newmark, Program Vice President, SaaS and Industry Cloud, IDC.

While each industry faces unique challenges, there are underlying complexities that transcend them all—meeting increasing customer demands, speeding data intelligence to action and enhancing agility. With a focus on providing solutions that serve as the backbone of companies’ digital transformations, Oracle Global Business Units deliver a powerful business proposition: industry specialization at a global scale and in the cloud. 

“With digital technologies now woven through every facet of society, at the heart of today’s new business environment is an even more informed and empowered customer,” said Bob Weiler, Executive Vice President, Global Business Units at Oracle. “Businesses must quickly evolve and innovate to keep pace with ever changing and growing demands, making the cloud a necessity. No one is better positioned than Oracle to help our customers navigate this new reality.”

Customers Driving Success in the Cloud

“Our focus is providing customers enduring luxury products and trend-setting brands with a fresh, engaging shopping experience. Oracle Commerce Cloud keeps us current in a rapidly changing consumer environment across online and mobile channels with over 25 percent improvement in year-over-year mobile sales,” said Ravi Kurumety, CIO, Lenox Corporation. “Consumers are inspired and empowered by a more visual, intuitive shopping experience where they can easily discover new complementary items and designs to patterns they already own.”

“Oracle’s Primavera Unifier enables Cordoba to share information fluidly between the office and the field, improve document management, and drive efficiency across business processes—all of which are critical in managing complex construction projects. A best-in-class project lifecycle solution, Primavera Unifier delivers the reliability of the Oracle cloud and many other benefits of having Oracle as a partner,” said Stephanie Lightner, Program Scheduler for Cordoba Corporation.

“At gnTel, we recognize the fast pace of technology evolution in the telecom industry. We wanted to invest in a proven solution from a company that brings together expertise in cloud, virtualization, IT, and telecommunications,” said Onno Speekenbrink, gnTel. “Oracle’s solution will position us well for future growth.”

Oracle Leading Industry Innovation in the Cloud

Oracle Global Business Units continue to unveil new cloud-based advancements, empowering users to modernize their customer experience, remove operational silos, meet new regulatory requirements and make data more accessible. Recent cloud innovations include:

  • Health Sciences: Oracle Health Sciences Clinical One Platform, a new cloud-based eClinical solution, unifies clinical development operations and information in a single environment with shared functions that saves time for everyone involved in clinical trials.
  • Utilities: Oracle Utilities Work and Asset Cloud Service is an innovation foundation for asset performance management which enables utilities to increase asset reliability by finding asset failures faster and performing predictive maintenance with integrated APM and analytics. Recently announced, Oracle Utilities Operational Device Cloud Service (ODCS) also enables utilities to further automate the management of their smart grid assets and IoT devices, at a lower total cost of ownership.
  • Construction & Engineering: Oracle Prime, Oracle Construction and Engineering’s cloud-based project success platform, features several recent enhancements. With new innovations for field management, Lean scheduling and capital planning, Oracle Prime further improves decision-making and project delivery to drive better outcomes across the project life cycle. Mobile ready and with built-in analytics, Oracle Prime connects field and office to improve collaboration and provide real-time visibility into project cost, schedules, risk and performance data.
  • Communications: Empowering innovative businesses to launch competitive pricing models in the era of digital commerce, Oracle Monetization Cloud service accelerates time to market for digital and subscription-based products and services. The solution delivers the full life cycle of customer onboarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.
  • Retail: Oracle Retail Release 16 includes cloud solutions for merchandising, planning, supply chain and omnichannel operations designed to empower retailers of all sizes to maximize margins, encourage associate engagement with consumers and free IT departments to focus on innovation projects.
  • Hospitality: Hoteliers are using Oracle Hospitality OPERA Cloud property management to simplify IT across its network of properties and create a singular guest profile to help drive loyalty and an overall better guest experience. Food and beverage operators are using Oracle Hospitality Simphony Cloud to increase revenues and operational efficiency in restaurants, bars, and stadiums through faster adoption of new guest engagement channels and centralization of menus, promotions, and reporting.
Contact Info
Judi Palmer
Oracle
650-506-0266
judi.palmer@oracle.com
About Oracle

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

Trademarks

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

Talk to a Press Contact

Judi Palmer

  • 650-506-0266

Lojas Renner Simplifies Operations with Oracle Retail

Wed, 2017-08-02 10:46
Press Release
Lojas Renner Simplifies Operations with Oracle Retail Largest Brazilian Fashion Retailer Establishes a Foundation for Growth

Redwood Shores, Calif.—Aug 2, 2017

Today, Oracle announced that Brazil's largest fashion retailer, Lojas Renner has deployed Oracle Retail to transforms operations and establishes a foundation for growth. Lojas Renner operates over 470 stores under the Renner, Youcom and Camicado brands. Lojas Renner is simplifying operations and offering a shopping experience to inspire its customers even further and continue to grow.

Over time, each of the brands had selected and customized multiple solutions over the years. This disparate solution landscape made it complicated to upgrade solutions and keep pace with market trends with new innovations. In 2014, Renner embarked on an initiative to modernize technology and implement a standard solution in the primary Lojas Renner brand to drive productivity and efficiency. Renner drew on the talents and Oracle experience of the IT staff and a well-defined management structure to execute the implementation. Renner chose experienced implementation partners, including Logic, to support the transformation at scale.

“We chose modernize and simplify with Oracle Retail to reduce operating and support costs to prepare for Omnichannel in Brazil. This required Renner's processes to be revised to conform to global best practices built into the Oracle solution,” said Emerson Silveira Kuze, Chief Information Officer, Lojas Renner. “This shift in vision allowed Renner to move forward in adopting worldwide standards of efficiency and productivity in its management, while reducing implementation costs and future system upgrades.”

For the success of the project, Renner created a culture of empowerment, alignment and transparency across the entire IT team, business areas, Logic and Oracle to maintain the project schedule. Prior to embarking on the implementation in 2015, Renner laid the plans and mapped out the functional and technical specifications followed by four phases of testing. 

“We estimate that less than 5% of the Oracle Retail solution is customized (mainly due to unique issues in Brazil such as legal and tax claims) as compared to 30% of the previous platform. This new scenario will enable the company to make system upgrades more quickly,” said Emerson Silveira Kuze.

“The Brazilian market has nuances that required additional features and functionalities to compete and comply with market regulations. By partnering with multiple Brazilian retailers like Renner, we could truly understand the requirements and incorporate market requirements into our solutions and weave this local experience into our Retail Reference Library,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

About Oracle Retail

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

About Oracle

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

Trademarks

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

Oracle Delivers Next-Generation Cloud Applications

Wed, 2017-08-02 07:00
Press Release
Oracle Delivers Next-Generation Cloud Applications Innovations across Oracle Cloud Applications extend industry’s broadest, deepest, and fastest growing suite of cloud applications

Redwood Shores, Calif.—Aug 2, 2017

To help organizations around the world grow faster, differentiate from competitors, and better serve their customers, Oracle today announced significant new capabilities and enhancements to Oracle Cloud Applications. With the introduction of Oracle Cloud Applications Release 13, Oracle is further extending the industry’s broadest, deepest, and fastest growing suite of cloud applications. Innovations in the new release enhance the user experience and empower business users across the organization including customer experience, finance, HR, and supply chain professionals.

“We are committed to helping organizations of all sizes transform critical business functions to drive their growth and stay competitive,” said Steve Miranda, executive vice president of applications development, Oracle. “With the latest release of Oracle Cloud Applications, we are introducing hundreds of new innovations. The latest updates include major enhancements to our supply chain management suite that will help customers create intelligent, connected, and customer-centric supply chains. In addition, we are introducing a brand new solution that enriches the customer experience by bridging the gap between sales and customer service. The new release also includes further advancements to the user experience and customer-driven changes for human resources and finance.”

Oracle Cloud Applications provide a complete and fully integrated suite of applications that allow organizations to increase business agility and reduce costs. The latest release includes new capabilities and enhancements across Oracle Supply Chain Management (SCM) Cloud, Oracle Customer Experience (CX) Cloud Suite, Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Human Capital Management (HCM) Cloud. In addition, Oracle has enhanced the user experience across Oracle Cloud Applications to help customers personalize their experience and further improve productivity, insight, and collaboration.

Oracle SCM Cloud

Oracle SCM Cloud delivers the end-to-end visibility, insights, and capabilities that organizations need to create intelligent supply chains. Oracle SCM Cloud Release 13 extends the most comprehensive SCM suite in the cloud with the introduction of more than 200 major features and six new products that cover Sales and Operation Planning, Demand Management, Supply Planning, Collaboration, Quality Management and Maintenance. The new innovations help organizations transform their operating models to meet rapidly changing business demands by evolving from traditional supply chain systems to connected, comprehensive, agile, and customer-oriented supply chain management capabilities.

Oracle CX Cloud Suite

Oracle CX Cloud Suite empowers organizations to take a smarter approach to customer experience management and business transformation initiatives by providing a trusted business platform that connects customer data, experiences, and outcomes. Oracle CX Cloud Suite Release 13 introduces new innovations to Oracle Sales Cloud, which include enhanced mobile and data visualization capabilities, as well as a range of new capabilities that increase sales rep productivity. In addition, Oracle has extended Oracle CX Cloud Suite with the introduction of Oracle Engagement Cloud. The new solution combines sales and service capabilities to enable organizations to increase customer satisfaction, loyalty, and up-sell opportunities.

Oracle ERP Cloud

Oracle ERP Cloud is the industry’s leading and most complete, modern, and secure financial platform delivered seamlessly through the Oracle Cloud. Oracle ERP Cloud helps organizations drive innovation and business transformation by increasing business agility, lowering costs, and reducing IT complexity. Oracle ERP Cloud Release 13 builds upon the industry’s broadest and most integrated public cloud. Extended depth and breadth across Financials, Procurement, and Project Portfolio Management (PPM) help organizations accelerate the pace of innovation via deeper domain functionality including Dynamic Discounting and Multi-Funding. In addition, industry coverage for higher education, financial services, and manufacturing, as well as expanded country localizations for India and Brazil, enable organizations of all sizes, and from different industries and geographies, to quickly and easily take advantage of the new release.

Oracle HCM Cloud

Oracle HCM Cloud provides organizations with modern HR technologies that enable collaboration, optimize talent management, provide complete workforce insights, increase operational efficiency, and make it easy for everyone to connect on any device. Oracle HCM Cloud Release 13 extends Oracle’s commitment to customer success with 80 percent of enhancements being customer driven. Release 13 enhances Oracle’s complete, end-to-end solution for all HCM processes by introducing expanded user experience personalization and branding and additional Tier 1 localization support. It also includes improved capabilities to support the needs of customers with unionized workforces, such as retail and healthcare with flexible work models.

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

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

Trademarks

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

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

Oracle Hospitality Introduces New Data Science Cloud Services to Help Food & Beverage Operators Optimize Every Sale

Tue, 2017-08-01 11:01
Press Release
Oracle Hospitality Introduces New Data Science Cloud Services to Help Food & Beverage Operators Optimize Every Sale Expert Analysis and Machine Learning Enable Improved Menu Optimization and Greater Cost and Inventory Control

Redwood Shores, Calif.—Aug 1, 2017

Empowering food and beverage operators to convert data into profit, Oracle Hospitality today announced Data Science Cloud Services. With the new services, food and beverage operators gain the ability to analyze key information such as sales, guest, marketing and staff performance data at unprecedented speed – generating insights that lead directly to actionable measures that improve their top and bottom lines.

The suite includes two cloud-driven offerings – Oracle Hospitality Menu Recommendations Cloud Service and Oracle Hospitality Adaptive Forecasts Cloud Service ­­– currently available to operators worldwide, enabling them to improve up-sell and cross-sell opportunities, and optimize operations, respectively.

The new Data Science Cloud Services bring Oracle’s renowned machine learning and data-analytics expertise specifically to the food and beverage industry. This, combined with years of hospitality industry knowledge, delivers quick wins for operators, while saving them the significant expense of having to hire their own analysts and invest in a data processing infrastructure. In addition to Oracle technology, Data Science delivers the support of a team of leading data scientists, database engineers and experienced hospitality consultants. 

“Margins are being squeezed in hospitality like never before,” said Mike Webster, Senior Vice President and General Manager, Oracle Hospitality. “Labor and food costs are increasing, and competition for the dining dollar is high. With our Data Science Cloud Services, we are giving our customers the ability to be as profitable as possible, by helping them pinpoint cost-savings in each location while optimizing every single sales opportunity to deliver revenue growth.”

Making Every Sale Count with Oracle Hospitality Menu Recommendations Cloud Service

Oracle Hospitality Menu Recommendations Cloud Service allows food and beverage operators with multiple locations to evaluate their menus and identify enhancements to maximize every sales opportunity. The Data Science service can seek the best possible up-sell or cross-sell options by location or time of day, with recommendations dynamically updating based on customer behavior. Assumptions around cross-sells and up-sells can be analyzed, leading to better understanding of guest behavior and preferences.  

Speed to value is accelerated, thanks to integration between the Data Science service and the Oracle Hospitality technology platform. Recommendations are available at point-of-service terminals and displayed as localized cross-sells or timed up-sells. Such simplicity enables staff to optimize sales and serve guests without delay or confusion.

Predicting Stock and Labor Needs with Oracle Hospitality Adaptive Forecasts Cloud Service

Oracle Hospitality Adaptive Forecasts lets operators better predict stock and labor needs at every location. The service creates a single forecast by item, location and day part, and factors in weather, events, time of day, day of the week and Net Promoter scores. Such forecasting maintains appropriate levels of inventory and staffing in all business scenarios, helping store managers minimize wasted inventory, lower labor costs and, most importantly, ensure an exceptional guest experience.

For Oracle Hospitality customers, these Advanced Science Cloud Services complement the self-service data access and reporting solutions that are already available, including the InMotion mobile app that provides real-time access to restaurant KPIs and the Reporting and Analytics 9.0 service that was launched in April 2017.

About Oracle Hospitality

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

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

About Oracle

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

Trademarks

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

ABC Fine Wine & Spirits Modernizes the Customer Experience with Oracle Retail

Wed, 2017-07-26 11:00
Press Release
ABC Fine Wine & Spirits Modernizes the Customer Experience with Oracle Retail Leveraging Oracle Retail Xstore Point-of-Service as an Omnichannel Platform

Redwood Shores, Calif.—Jul 26, 2017

Today, Oracle announced that ABC Fine Wine & Spirits has upgraded the Oracle Retail Xstore Point-of-Service with the help of SkillNet Solutions. ABC Fine Wine & Spirits differentiates their shopping experience with a superior product assortment, outstanding service and competitive pricing by empowering its associates with modern and intuitive tools. ABC Fine Wine & Spirits operates 130 stores across Florida, selling beer, wine, spirits, cigars and gourmet food items.

“We are continuously assessing how our stores and services meet our customers’ needs. We are committed to providing the best overall shopping experience possible. We place our customers at the center of our operations and initiatives,” said Robert Summers, CFO and CIO, ABC Fine Wine & Spirits. “With the implementation of Oracle Retail solutions, we are providing an intuitive modern shopping experience that also protects our customers with EMV compliance and PCI approvals.”

“Recognizing the value and impact that upgrading their systems would bring to their customer experience across channels, ABC Fine Wine & Spirits strategically opted to move to a more recent release of the solution to take advantage of new innovations offered by Oracle,” said Charlie Daggs, Vice President, SkillNet Solutions. “We worked closely with ABC Fine Wine & Spirits to optimize the upgraded solution and create a sustainable path to benefit from mobile and cross channel functionality.”

“Our team was able to deliver the pilot in 7 months with SkillNet. We wanted to leverage the new functionality of the Oracle Retail Xstore Point-of-Service solution as quickly as possible,” said Tina Burleigh, Director of Store Systems, ABC Fine Wine & Spirits. “With the implementation, we were able to reduce our number of customizations by over 80%.”

“By leveraging Oracle Retail Xstore Point-of-Service as a platform to connect with customers, ABC Fine Wine & Spirts can execute a superior shopping experience. With the latest innovations in our Xstore Point-of-Service, ABC Fine Wine & Spirits can provide a single, 360-degree view of its customers in real time for all touchpoints to facilitate more meaningful engagements,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

About Oracle Retail

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

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

About ABC Fine Wine & Spirits

Orlando-based ABC Fine Wine & Spirits is Florida’s oldest and largest wine and spirits retailer. Founded in 1936 in Orlando by Jack Holloway, the company is in its third generation of family leadership, with CEO Charles Bailes III and Executive Vice President Jess Bailes leading the organization. ABC operates over one hundred locations throughout Florida. www.abcfws.com.

Trademarks

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

Telecom Brokerage Fuels Rapid Growth with NetSuite

Wed, 2017-07-26 08:00
Press Release
Telecom Brokerage Fuels Rapid Growth with NetSuite Master agent nets triple-digit gains in sales productivity and commissionable revenue with move to cloud ERP

SAN MATEO, Calif.—Jul 26, 2017

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, announced today that TBI (Telecom Brokerage Inc.), the nation's largest master agent and technology services distributor, has continued its rapid growth since graduating to NetSuite from QuickBooks and an industry-specific solution called RPM Telco. TBI relies on NetSuite to run end-to-end processes, spanning financials, quoting, order management, billing, customer relationship management (CRM) and project management. Additionally, NetSuite’s powerful and flexible SuiteCloud development platform has enabled TBI to embed the commissions it receives from carriers and share them with its IT service provider selling partners, all from within the NetSuite platform.

Since implementing NetSuite in July 2014, TBI sales productivity has soared 133 percent. Commissionable revenue has doubled, while the workforce has grown 80 percent to 180 employees. The company has improved efficiency and visibility across the business while strengthening its partnerships.

Founded in 1991, TBI offers enterprise IT solutions in voice, data, internet and cloud from more than 85 carriers, including Verizon, Comcast, AT&T, CenturyLink and Spectrum. As the company grew in a hot IT market, it needed to streamline complex operational processes and become more efficient for its selling partners. TBI evaluated Microsoft Dynamics, Sage, SugarCRM and Salesforce.com before selecting NetSuite as the optimal platform for its next phase of growth.

“Our business has seen explosive growth that’s a byproduct of the sector — but also our ability to adapt to market changes with real-time business intelligence in NetSuite,” said Jeff Newton, VP of Enterprise Sales and IT at TBI. “NetSuite has given us a level of visibility we never envisioned. We can better manage our customers’ experience based on how efficiently orders move through our system.”

TBI initially looked at NetSuite to replace QuickBooks and provide CRM capabilities. It soon realized, however, that it could also move its mission-critical commissioning functions from RPM Telco into a single NetSuite environment. Working with NetSuite Solution Provider Gurus Solutions and the NetSuite SuiteCloud development platform, TBI further customized unique processes within commissioning and its operational support departments. Visibility into commissioning and order tracking is now shared with its selling partners directly in NetSuite’s unified platform.

“It’s a very complex and mission-critical workflow to get commissions to agents. We were effectively putting our business on the line by moving commissioning into NetSuite,” Newton said. “I can say our migration from RPM Telco to NetSuite has made this the most successful technology move TBI has ever undertaken.”

With NetSuite, TBI is now able to continue its rapid growth trajectory. “As we look to grow our business in new sectors and verticals, NetSuite is not a limiting factor whatsoever,” Newton said. “It scales with the business.”

TBI has gained the following benefits since implementing NetSuite:

  • Strong partner relationships. With NetSuite Advanced Partner Center, TBI’s more than 3,000 partner users can track commissions, orders and financial data in NetSuite, as well as run reports, open tickets and troubleshoot issues.
  • Business efficiency. TBI has minimized the inefficient “swivel chair” syndrome of piecing together information across disparate applications, enabling its personnel to focus on customer service and driving sales.
  • Real-time visibility. Reporting and analytics on a single source of data in NetSuite give TBI real-time insights into key business metrics that are critical to continuously optimizing business models and processes.
  • Project management. TBI relies on the NetSuite Project Management module to help manage engagements with IT service provider partners, from planning and contract management through to implementation.
  • Agile and flexible development platform. TBI has taken advantage of the customization capabilities of the NetSuite SuiteCloud Development Platform and NetSuite partner solutions, including HubSpot for marketing automation and 8x8 and Five9 for enterprise contact center, to build an agile cloud ecosystem.
  About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit www.netsuite.com/developers.

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world's first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

Contact Info
Christine Allen
Oracle NetSuite Global Business Unit
603-743-4534
pr@netsuite.com
About Oracle

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

Trademarks

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

Talk to a Press Contact

Christine Allen

  • 603-743-4534

Oracle Monetization Cloud Enables Recurring Revenue Models for Digital Services Providers

Wed, 2017-07-26 07:00
Press Release
Oracle Monetization Cloud Enables Recurring Revenue Models for Digital Services Providers New service complements Oracle ERP Cloud and Oracle Customer Experience Cloud Suite to provide monetization across the customer journey

Redwood Shores, Calif.—Jul 26, 2017

Empowering innovative businesses to launch competitive pricing models in the era of digital commerce, Oracle today announced Oracle Monetization Cloud. The new cloud service accelerates time to market for digital and subscription-based products and services by enabling the full life cycle of customer on-boarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.

Enterprises are increasingly focused on generating recurring revenues and developing lasting customer relationships by extending from one-time purchases to recurring business models. Agile billing capabilities are required to help digital service providers monetize new offerings and differentiate their services in competitive markets. Oracle Monetization Cloud combines the power of scalable monetization capabilities with the simplicity, agility, and security of Oracle Cloud to accelerate time to market for digital services.

“Subscriptions, demand-based price models, pay-per-use, and increasingly complex agreements with a litany of unique entitlements are now the norm,” said Andrew Dailey, Managing Director of MGI Research.

Across industries and in scenarios ranging from cloud hosting to digital media to the Internet of Things, enterprises and digital service providers are looking to quickly launch new business models to compete in the digital economy. Whether these digital service providers are monetizing connected cars, using sensors to aggregate and monetize data, or transitioning to offering their software as a service, they are undergoing a digital transformation that requires flexible new pricing, billing, revenue management, and real-time subscriber management capabilities.

“In today’s competitive business environment, customers are demanding the power to purchase the products and services that they want, when they want them, at a price point that they can afford,” said Doug Suriano, senior vice president and general manager for Oracle Communications. “Oracle Monetization Cloud enables digital service providers to quickly launch innovative offerings and deliver a positive customer experience while reducing revenue leakage and improving financial reporting and compliance.”

With Oracle Monetization Cloud users benefit from:

  • Full life-cycle capabilities: The service supports the full life-cycle of subscription services, from on-boarding subscribers, to rapidly launching and modifying innovative offerings, to leveraging flexible rating, discounting and billing capabilities, to customizing invoices, to analyzing business performance through robust reporting. These functions are available through intuitive web-based user interfaces so customers can quickly deploy and modify their offerings to meet market demand.
  • Easy integration: Newly developed out-of-the-box connectors and standard web-based SOAP and REST APIs enable customers to integrate easily with front-office and back-office systems, including Oracle, Chase Paymentech and other third party CRM, e-commerce, ERP systems and payment and tax gateways. These simplified integration options speed deployment of the cloud service and thereby accelerate time to market, providing customers with the convenience of continuing to use their existing solutions.
  • Risk and cost reduction: Full compliance and certification with Payment Card Industry (PCI) and Generally Accepted Accounting Principles (GAAP) as well as support for fully compliant re-invoicing and recognition of seven types of revenue allow customers to reduce risk, combat revenue leakage and ensure audit compliance.
  • Full suite of monetization capabilities: The monetization solution is part of a full platform that spans the customer journey from engaging on social channels to tracking a sales lead to creating and offering innovative services to on-boarding subscribers to rating and billing to revenue recognition and compliance. Oracle is unique in offering an end-to-end suite of best-in-breed cloud services that work together in monetizing the entire journey.
Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Raleigh Miller
Burson-Marsteller
+1.202.530.4554
raleigh.miller@bm.com
About Oracle

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

Trademarks

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

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Raleigh Miller

  • +1.202.530.4554

Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud

Wed, 2017-07-19 10:00
Press Release
Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud Delivers unrivaled enterprise-grade public cloud SaaS, PaaS, and IaaS services in customers’ datacenters

Redwood Shores, Calif.—Jul 19, 2017

Empowering organizations to move workloads to the cloud while keeping their data on their own premises, Oracle today announced significant expansion of the breadth of services available through Oracle Cloud at Customer. The portfolio now spans all of the major Oracle PaaS categories and for the first time, also features Oracle SaaS services. Since its introduction just over a year ago, Oracle Cloud at Customer has experienced unprecedented growth with leading global organizations across six continents and more than 30 countries adopting the solution, including AT&T and Bank of America.

Oracle Cloud at Customer is designed to enable organizations to remove one of the biggest obstacles to cloud adoption—data privacy concerns related to where the data is stored. While organizations are eager to move their enterprise workloads to the public cloud, many have been constrained by business, legislative and regulatory requirements that have prevented them from being able to adopt the technology. These first-of-a-kind services provide organizations with choice in where their data and applications reside and a natural path to easily move business critical applications eventually to the public cloud.

“Oracle Cloud at Customer is a direct response to the remaining barriers to cloud adoption and turning those obstacles into opportunities by letting customers choose the location of their cloud services,” said Thomas Kurian, president, product development, Oracle. “We are providing a unique service that enables our customers to leverage Oracle Cloud services, including SaaS, PaaS, and IaaS, both on their premises and in our cloud.  Customers gain all the benefits of Oracle’s robust cloud offerings, in their own datacenters, all managed and supported by Oracle.”

Underpinning Oracle Cloud at Customer is a modern cloud infrastructure platform based on converged Oracle hardware, software-defined storage and networking and a first class IaaS abstraction. Oracle fully manages and maintains the infrastructure at customers’ premises so that customers can focus on using the IaaS, PaaS and SaaS services. This is the same cloud infrastructure platform that powers the Oracle Cloud globally.

Based on overwhelming customer demand, Oracle continues to expand the services available via Oracle Cloud at Customer. With today’s news, customers now have access to all of Oracle’s major PaaS categories, including Database, Application Development, Analytics, Big Data, Application and Data Integration, and Identity Management. These services take advantage of specific enhancements that have been made to the underlying Oracle Cloud at Customer platform such as servers with faster CPUs and NVMe-based flash storage, as well as all-flash block storage to deliver even better performance for enterprise workloads.

For the first time, Oracle has also made available via Oracle Cloud at Customer, the ability to consume Oracle SaaS services such as Enterprise Resource Planning, Human Capital Management, Customer Relationship Management, and Supply Chain Management in their own datacenters. These best-in-class, modern applications help unlock business value and increase performance by enabling businesses and people to be more informed, connected, productive, and engaged. Major organizations are already adopting this new option to modernize their key enterprise operations and benefit from the speed of innovation in Oracle SaaS without having to move sensitive application data outside their premises. With the addition of SaaS services to Oracle Cloud at Customer, customers have access to Oracle Cloud services across the entire cloud stack, all delivered in a subscription-based, managed model, directly in their datacenters.

Also, newly available is the Oracle Big Data Cloud Machine, which is an optimized system delivering a production-grade Hadoop and Spark platform with the power of dedicated nodes and the flexibility and simplicity of a cloud offering. Organizations can now access a full range of Hadoop, Spark, and analytics tools on a simple subscription model in their own data centers.

Oracle Cloud at Customer delivers the following Oracle Cloud services:

  • Infrastructure: Provides elastic compute, containers, elastic block storage, object storage, virtual networking, and identity management to enable portability of Oracle and non-Oracle workloads into the cloud.
  • Data Management: Enables customers to use the number one database to manage data infrastructure in the cloud with the Oracle Database Cloud, including Oracle Database Exadata Cloud for extreme performance and Oracle MySQL Cloud.
  • Big Data and Analytics:  Empowers an entire organization to use a single platform to take advantage of any data to drive insights. Includes a broad set of big data cloud services, including Oracle Big Data Cloud Service, Oracle Analytics Cloud, and Oracle Event Hub Cloud.
  • Application Development: Enables organizations to develop and deploy Java applications in the cloud using Oracle Java Cloud, Oracle Application Container Cloud, Oracle Container Cloud, and Oracle WebCenter Portal Cloud.
  • Enterprise Integration: Simplifies integration of on-premises applications to cloud applications, as well as cloud application to cloud application integration using Oracle Integration Cloud, Oracle SOA Cloud, Oracle Data Integrator Cloud, Oracle GoldenGate Cloud, Oracle Managed File Transfer Cloud, and Oracle Internet of Things Cloud.
  • Security: Enables organizations to use Oracle Identity Cloud to implement and manage consistent identity and access management policies.
  • Software-as-a-Service: Provides organizations with a complete suite of software to run their businesses, including Oracle ERP Cloud, Oracle CX Cloud, Oracle HCM Cloud, and Oracle Supply Chain Management Cloud.

Customer Demand Drives Expansion of Portfolio

Global organizations are turning to Oracle Cloud at Customer to standardize on a platform to modernize existing infrastructure and develop innovative new applications. Customers including City of Las Vegas, Federacion Colombiana de Municipios, Glintt Healthcare, HCPA, NEC, NTT DATA, Rakuten Card, State University of New York, and State Bank of India are benefitting from Oracle Cloud services from inside their own datacenters.

“The City of Las Vegas is shifting its Oracle application workloads to the Oracle Cloud,” said Michael Sherwood, Director Information Technologies, city of Las Vegas. “By keeping the data in our data center, we retain full control while enabling innovation, gaining efficiencies and building applications to better serve our community.”

“Today, public organizations are constantly innovating to meet the needs of our citizens. For the Colombian Federation of Municipalities, we have decided to digitally transform our territories to become smart cities,” said Alejandro Murillo, CIO of the Colombian Federation of Municipalities. “With Oracle Cloud at Customer, we have the technological capabilities to bring top-level solutions in the cloud to our municipalities, enabling them to operate with more agility and better serve our citizens.”

“Oracle Cloud at Customer provides us with a consolidated solution to make sensitive healthcare data securely available,” said Nuno Vasco Lopes, CEO, Glintt Healthcare Solutions. “The efficient and flexible solution has reduced the total cost of ownership by 18 percent and delivered high customer performance.” 

Oracle Cloud at Customer

The Oracle Cloud at Customer portfolio of services enables organizations to get all of the benefits of Oracle’s public cloud services in their datacenters. The business model is just like a public cloud subscription; the hardware and software platform is the same; Oracle experts monitor and manage the infrastructure; and the same tools used in Oracle’s public cloud are used to provision resources on the Oracle Cloud at Customer services. This is the only offering from a major public cloud vendor that delivers a stack that is 100 percent compatible with the public cloud but available on-premises, ensuring that customers get the same experience and the latest innovations and benefits using it in their datacenters as in the public cloud. 

Additional Resources
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

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

Trademarks

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

Safe Harbor

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

TGI Fridays Becomes First UK Bar to Implement Bar Tab from Mastercard and Oracle

Wed, 2017-07-19 08:00
Press Release
TGI Fridays Becomes First UK Bar to Implement Bar Tab from Mastercard and Oracle Innovation eliminates the need to leave a card behind the bar

London, U.K.—Jul 19, 2017

Today TGI Fridays, Oracle and Mastercard announced the launch of Bar Tab at their Leicester Square location. Bar Tab is a new function within Mastercard’s Qkr! payment app that allows consumers to set up, manage and pay bar tabs using their smartphones. The application will be integrated into Oracle Hospitality’s restaurant management platform and Masterpass, the digital payment service. After today’s initial debut, TGI Fridays plans to deploy the app to 80 additional locations in the UK by the end of 2017. 

Customers can easily manage their tab through a designated four-digit PIN that connects orders in the restaurant management software to the Qkr! payment account. This means customers can easily manage the rounds that they are in with friends and split the bill. There is no need to hand over a payment card to bar staff, and no need to use a card machine.

“We’re always looking for ways to improve the unique Fridays experience for our guests,” said Jeremy Dunderdale, Head of Business Solutions, TGI Fridays UK. “With Bar Tab, we’re able to offer our diners the freedom to settle their bills on-demand, with this quicker and more convenient payment platform. Enabling self-service payments also allows our team members to focus on engaging guests in more meaningful ways – which is what we’re all about at Fridays.”

Betty DeVita, Chief Commercial Officer for Mastercard Labs, said: “Nobody wants to hand over their card to a bartender. Your card should be with you at all times, so it’s natural for people to leave a pub without having closed their tab. This is a common problem we wanted to solve through Qkr. For bar staff themselves we have removed the headache of card storage and admin.”

“Oracle Hospitality’s restaurant management platform allows the food and beverage industry to innovate by creating a single view of operations,” said Dale Grant, Senior Vice President Food and Beverage Oracle Hospitality. “With Oracle Hospitality solutions at the core, restaurants and bars can easily integrate additional solutions like Mastercard’s Qkr payments platform to reinvent their customer experience. By implementing Bar Tab, TGI Fridays can now offer its customers a quicker, more convenient experience that empowers staff to provide more welcoming bar experiences while reducing the number of unpaid tabs at the end of the night.”

About Oracle Hospitality

Oracle Hospitality develops hardware and software solutions that work together to help produce tailored guest service for hotels and F&B establishments. By addressing every facet of the business, Oracle Hospitality solutions help optimize operations across the board to deliver the speed, agility and efficiency required to meet customers’ unique needs.

About Mastercard

Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry.  We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.  Mastercard products and solutions make everyday commerce activities – such as shopping, travelling, running a business and managing finances – easier, more secure and more efficient for everyone.  Follow us on Twitter @MastercardUKBiz, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

About TGI Fridays

TGI Fridays offers authentic, contemporary, and full-flavoured American food, signature cocktails, and a lively, personalised experience.   With a continually evolving menu overseen by award-winning executive chef Terry McDowell, it’s the perfect stop for free-poured, personalised cocktails served by Fridays® Master Bartenders, a quick tasty bite, or a longer dinner with friends. Fridays® opened its first UK restaurant in Birmingham in March 1986. There are now 80 Fridays open in the UK.

For more information visit www.tgifridays.co.uk or www.fridays.com.  Like us on Facebook, follow us on Twitter, or visit our YouTube channel.

Trademarks

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

NetSuite Supports BRCA Foundation with New Registry Program

Wed, 2017-07-19 08:00
Press Release
NetSuite Supports BRCA Foundation with New Registry Program Pro Bono Volunteers Build Out Sophisticated Enhancements to Meet Needs of Nonprofit Using the SuiteCloud Development Platform

San Mateo, Calif.—Jul 19, 2017

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that it has teamed up with the BRCA Foundation, a nonprofit created to fund research for the prevention of “BRCA cancers,” or cancers believed to be caused by “broken” BRCA genes, to help launch a BRCA registry project and help the BRCA Foundation gather information relevant to its mission and organizational vision. A four-person team from NetSuite, together with the BRCA Foundation, created customizations in NetSuite to encourage participants to sign up for the program and ultimately pass voluntary contact and demographic data from a genomics testing partner to the BRCA Foundation, using the NetSuite SuiteCloud development platform. This data will be used to provide individuals with news and information about BRCA cancers, and allow them to connect with potential studies in which they may want to participate.

Established in 2016 by NetSuite Co-founder and NetSuite Global Business Unit Executive Vice President of Development, Evan Goldberg, the BRCA Foundation was created to accelerate research and foster collaboration to prevent and cure BRCA cancers. BRCA1 and BRCA2 are genes that produce proteins that help repair damaged DNA. For people who have a mutation in those genes, DNA damage may not repair properly and are more likely to develop additional alterations that can lead to cancer. A nonprofit and a NetSuite customer, BRCA applied for pro bono services from Oracle NetSuite Social Impact to help it establish a registry to gather and share data to provide researchers with potential participants they might use to conduct studies that will lead to better treatment and preventative options.

“NetSuite has been incredibly helpful and supportive of our mission every step of the way,” said Gail Fisher, Deputy Director of the BRCA. “It’s amazing what talented people can do with such a flexible platform. The registry is going to go a long way in the fight against cancer and have a huge impact on people with BRCA.”

As a result of the project, the BRCA Foundation now has a button on its website allowing volunteers to sign up for a genetic cancer screening test from its genomic testing partner. If volunteers choose, they can provide the BRCA Foundation with contact and demographic data to be maintained securely within NetSuite. That data can then be used in the fight against cancer, for example by enrolling participants in clinical trials if they wish.

“This project was so gratifying to be a part of,” said Jerome Wi, Solution Consulting Manager at NetSuite and Project Manager for Suite Pro Bono. “I got to lend my development skills to support a project that will ultimately help to fight against cancer, all while using the SuiteCloud development platform.”

Contact Info
Christine Allen
Public Relations, Oracle NetSuite Global Business Unit
603-743-4534
PR@netsuite.com
About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based financials/ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit www.netsuite.com/developers.

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials/Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

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

Trademarks

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

Talk to a Press Contact

Christine Allen

  • 603-743-4534

Oracle Named a Leader in 2017 Analyst Evaluation for Digital Process Automation Software

Tue, 2017-07-18 10:00
Press Release
Oracle Named a Leader in 2017 Analyst Evaluation for Digital Process Automation Software Oracle positioned as a leader and selected for evaluation based on proven customer adoption, strong go-to-market strategy, and breadth of capabilities

Redwood Shores, Calif.—Jul 18, 2017

Oracle today announced it has been named a leader in the Forrester Wave™ Digital Process Automation (DPA) Software report. This placement confirms leadership for Oracle Process Cloud, which is part of Oracle Cloud Platform.

“By delivering comprehensive process automation capabilities such as no- and low-code process design, case management and simplified connections to SaaS, Social, Cloud and on-premise systems, Oracle provides customers with a powerful option to continuously deliver engaging customer, employee, and partner experiences at every stage in their business transformation journey,” said Vikas Anand, vice president, product management, Oracle. “Today business process automation augmented with intelligent machine learning is helping organizations drive best next actions and provide them with better, timely decision making capabilities.”

In Forrester's 30-criteria evaluation of DPA vendors, they evaluated 12 significant software providers. Oracle was cited as a leader with the highest possible scores in the low-code/no-code, smart forms and user experience, process flow and design, mobile engagement, API support, data virtualization, deployment options, and ease of implementation criteria.

Download Forrester’s Wave report for “Digital Process Automation Software, Q3 2017” here.

Oracle Process Cloud Service was built from the ground up for the cloud to provide enterprises of all sizes with the low-code app dev platform that they need to build business agility and control their digital destiny. With full lifecycle support for end-to-end process automation spanning departments, SaaS apps, and on-premises systems of record, Oracle Process Cloud Service empowers business analysts and process designers with the tools they need to rapidly deliver differentiating experiences in a collaborative manner. Oracle Process Cloud Service comes with Quick Start App templates and pre-built integrations to companion platform services including, Content Management, Integration, Mobile, Intelligent Bots, and IoT Apps, to enable rapid delivery of engaging experiences across channels and devices.

Customer Momentum

“Process automation is central to our integration strategy,” said Ravi Gade, senior director of apps IT and digital transformation, Calix. “Calix leverages Oracle Process Cloud to reduce IT backlog, ensure compliance, and simplify connections across our rapidly evolving SaaS and on-premises business systems.”

“Using a combination of Oracle Process Cloud Service and Oracle Application Builder Cloud Service along with the cloud-native best practices introduced by our partner, Rubicon Red, we have a comprehensive, integrated cloud platform that enables us to deliver innovative, modern solutions,” said Ryan Klose, general manager, corporate, National Pharmacies. “The Oracle Cloud Platform gives us flexibility to connect to all our core systems, and easily deliver to a range of user interfaces, whether they be online, mobile/tablet, devices/IoT, or emerging chatbot technology.” 

"Oracle Process Cloud Service has allowed us to dramatically shorten our time-to-market by up to 40 percent,” said Matt Wright, chief technology officer, Rubicon Red. “Oracle provides developers with immediate access to a full lifecycle process management environment—including development, test, and production—and enterprise-quality tooling, without needing to build and maintain an IT infrastructure.”

Additional information:
Contact Info
Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com
Sarah Fraser
Oracle
+1.650.743.0660
sarah.fraser@oracle.com
About Oracle

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

Trademarks

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

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Sarah Fraser

  • +1.650.743.0660

Duke Kunshan University Selects Oracle to Optimize Student Experience

Mon, 2017-07-17 07:00
Press Release
Duke Kunshan University Selects Oracle to Optimize Student Experience Oracle Student Cloud chosen to help innovative Liberal Arts & Research University in China attract, enroll and retain students

Redwood Shores, Calif.—Jul 17, 2017

Duke Kunshan University, a highly innovative joint venture of Duke University, Wuhan University and the City of Kunshan, China, has selected Oracle Student Cloud to support student recruitment, enrollment and engagement. Oracle Student Cloud will help Duke Kunshan University maintain operational excellence and student success by using technology to help modernize and optimize the student experience.

Established in 2014 and located in Kunshan, China, Duke Kunshan University offers a range of academic programs for students from China and throughout the world. To support its goal of becoming a world-class liberal arts and research university, Duke Kunshan University wanted to ensure that every student received a unique, all-inclusive experience from onboarding to graduation. To deliver a personalized and seamless experience across channels and devices, Duke Kunshan University selected Oracle Student Cloud.

“We knew that creating a new world-class university focused on liberal arts and research in China was going to be a challenge and a distinct opportunity for higher education innovation, and we want our students to be prepared and also acquainted with the latest technologies,” said Denis Simon, Executive Vice Chancellor at Duke Kunshan. “Duke Kunshan University will provide an intimate and forward-looking educational experience, from enrollment to graduation, for all of our students. Oracle Student Cloud is a student-centric solution that supports flexible learning models and helps us meet the increasing demands of today’s economy and diverse student body.”

Duke Kunshan University plans to use Oracle Student Cloud, including Student Engagement and Student Recruiting, to recruit highly qualified students, drive program success and help reduce costs. Student Engagement and Student Recruiting are designed to enable Duke Kunshan University to analyze the student journey and help meet its admission objectives. In addition, the university will be able to operationalize its undergraduate program through the implementation of Oracle’s Campus Solutions student information system.

"By combining deep domain knowledge that has been established over a quarter of a century with a modern and secure cloud, Oracle is helping more than 800 higher education institutions around the world drive success,” said Vivian Wong, group vice president, Higher Education Development at Oracle. “Oracle’s next-generation cloud platform for Higher Education is designed to modernize education institutions, accelerate insight, and empower students via an intuitive user experience, embedded analytics, and built-in collaboration delivering comprehensive support for the entire student lifecycle.”

Additional Information

Oracle Student Cloud is a comprehensive solution focused on managing the student lifecycle and promoting collaborative relationships with the goal of student success. The solution benefits institutions by enabling them to anticipate students’ needs, illuminating their academic path and empowering students to succeed. 

Duke Kunshan University selected global professional services firm Huron to integrate the cloud solution.

“Higher education leaders understand that the benefits of cloud technology go beyond efficiency gains to support their goals of attracting, retaining and graduating quality students,” said Steve Kish, Managing Director, Huron. “By providing students a seamless experience, including remote access to secure data with any type of device, forward-looking institutions like Duke Kunshan University are enhancing the student experience and student success."

 
Contact Info
Jennifer Yamamoto
Oracle
+1.916.761.9555
jennifer.yamamoto@oracle.com

About Duke Kunshan University

Duke Kunshan University is an innovative partnership between Duke University, Wuhan University, and the City of Kunshan to create a world-class liberal arts and research university offering a range of academic programs for students from China and around the world. A non-profit, joint-venture institution, Duke Kunshan was granted accreditation approval by China’s Ministry of Education in September 2013 and welcomed its inaugural class of students in August 2014. In August 2018, Duke Kunshan University will welcome the first students in its four-year undergraduate degree program. Currently, Duke Kunshan offers four master programs in medical physics, global health, environmental policy and management studies, which grant Duke degrees to its graduates. An undergraduate Global Learning Semester program offers a semester-long learning experience to undergraduate students currently enrolled at other Chinese and international universities.

The Duke Kunshan University campus is located in Kunshan, Jiangsu province, China.  Located in close proximity to both Shanghai and Suzhou and connected to both by high-speed rail, the city of Kunshan is a center for business, high-tech research and advanced manufacturing and has one of the fastest growing local economies in China.

About Oracle

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

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

 
Talk to a Press Contact

Jennifer Yamamoto

  • +1.916.761.9555

Global Accessories Retailer Parfois Establishes a Foundation for Accelerated Growth with Oracle Retail

Mon, 2017-07-10 12:17
Press Release
Global Accessories Retailer Parfois Establishes a Foundation for Accelerated Growth with Oracle Retail Gaining Operational Efficiency to Support Anticipated High Growth

Redwood Shores, Calif.—Jul 10, 2017

Today, Oracle announced that Parfois has successfully deployed the Oracle Retail Merchandise Operations Suite and the Oracle Retail Warehouse Management System to support their high growth and international expansion plans. Parfois operates over 750 stores across in 58 countries around the world. In six years, Parfois expects to triple the number of retail stores in their portfolio. Parfois offers affordable and on-trend fashion accessories such as handbags, jewelry, wallets, sunglasses, belts, scarves, watches, and hair accessories.  Parfois also recently introduced apparel to their assortment.  Parfois designs and develops 3,500 SKUs each season, with new items and merchandising in every store, every week. 

“Prior to the implementation of Oracle Retail, our merchandising processes could not scale to support new business models. Several of our core processes were supported by Excel-based tools that were prone to human error and a lack of consistency,” said Frederico Santos, Chief Information Officer and Chief Financial Officer, Parfois. “Our transformational initiative allowed us to evolve and efficiently prepare for growth opportunities today and tomorrow. By gaining visibility into inventory and adopting industry best practice, we can better anticipate demand and plan inventory placement. The robust Oracle solution provides a consistent and reliable core operations engine.”

Oracle Gold Partner Retail Consult partnered with Parfois to deploy Oracle Retail Merchandising, Oracle Retail Sales Audit, Oracle Retail Invoice Matching, Oracle Retail Trade Management and Oracle Retail Warehouse Management.  

“Retail Consult has truly partnered with us to achieve a holistic vision. Retail Consult brings the technical and business expertise to allow us to move forward together,” said Frederico Santos, Chief Information Officer and Chief Financial Officer, Parfois. “We trust Retail Consult to educate our teams to drive adoption of the solutions.”

“We are pleased to play a role in the success and expansion of Parfois. Merchandising is the backbone of the retail business and we continue to invest in our world class solutions. Our goal is to accelerate critical decision making through a powerful, modern interface and persona driven dashboards for retailers,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

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

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

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 415-595-1584

Chartis Names Oracle as Top Category Leader for IFRS 9 Solutions

Mon, 2017-07-10 07:00
Press Release
Chartis Names Oracle as Top Category Leader for IFRS 9 Solutions

Redwood Shores, Calif.—Jul 10, 2017

Oracle has been named the top category leader in IFRS 9 solutions by research firm Chartis Research. Oracle believes its leadership position within the Chartis Research report further affirms their best-in-class offerings for all financial services entities looking to conform to IFRS 9 standards before the January 1, 2018 deadline.

“Our placement on the Chartis Research report is indicative of our continued success in providing exhaustive and effective IFRS 9 offerings,” said Ambreesh Khanna, Group Vice President and General Manager for Oracle Financial Services. “Now more than ever IFRS 9 implementation poses a distinct challenge for financial institutions that could potentially affect their bottom line. Our solution, built on Oracle’s integrated finance and risk architecture, is here to help define, plan and execute an IFRS 9 implementation roadmap. We look forward to helping our customers meet regulatory deadlines and were delighted to hear of our best-in-class placement on the Chartis report.”

The Chartis IFRS 9 Technology Solutions Market Update 2017 Report analyzes how financial institutions are responding to IFRS 9 requirements, emerging business and technology trends in the IFRS 9 technology marketplace and how solution vendors are responding to these new demands. The report also features the Chartis FinTech QuadrantTM to better illustrate vendor landscape. This quadrant utilizes a comprehensive methodology formed through in-depth independent research and a scoring system that explains which tech solutions best meet an organization’s needs. It provides an exhaustive and in-depth look at the best IFRS-9 solutions available in today’s marketplace with Oracle ranking as the leading service provider.

“The methodology behind our FinTech Quadrant™ distills key qualities of market leaders and in the case of IFRS 9, the new accounting standard that combines both the disciplines of Finance and Risk Management, Oracle is the category leader” said Hugh Stewart, Research Director at Chartis Research. “This is because of Oracle’s strength across the large number of disciplines IFRS 9 demands. These include data management and classification, accounting and general ledger, expected credit loss calculations and governance of modelling and enclosures. Across all of these, together with their delivery, support and marketing potential, Oracle came out on top.”

Download an executive summary of the Chartis IFRS 9 Technology Solutions Market Update 2017 Report here.

Contact Info
Amy Bielecki
Oracle
+1-410-430-6435
Amy.Bielecki@oracle.com
Michael Kane
Chartis Research
+1-978-257-2179
Michael@Chartis-Research.com
About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.oracle.com.

Trademarks

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

About Chartis

Chartis is the leading provider of research and analysis on the global market for risk technology, and is part of InfoPro Digital. Chartis's goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant®, RiskTech100® and FinTech Quadrant™ are registered trademarks of Chartis Research (http://www.chartis-research.com)

Talk to a Press Contact

Amy Bielecki

  • +1-410-430-6435

Michael Kane

  • +1-978-257-2179

Finance and HR Leaders Shape Digital Disruption, New Research Finds

Thu, 2017-07-06 07:00
Press Release
Finance and HR Leaders Shape Digital Disruption, New Research Finds New Oracle and MIT Technology Review study reveals the human drivers of cloud automation as the roles of finance, HR, and IT evolve to meet the needs of a more connected organization

Redwood Shores, Calif.—Jul 6, 2017

To enable organizations to thrive in a competitive digital marketplace, Oracle and the MIT Technology Review – an independent media company founded at the Massachusetts Institute of Technology (MIT) in 1899—today released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud’s New Power Partnership, outlines how a holistic view into finance and HR information, delivered via cloud technology, empowers organizations to better manage continuous change.  

Based on a global survey of 700 C-level executives and finance, HR, and IT managers, the study found that a shared finance and HR cloud system is a critical component of successful cloud transformation initiatives. Among the benefits of integrating enterprise resource planning (ERP) and human capital management (HCM) systems is easier tracking and forecasting of employee costs for budgeting purposes. Additionally, integrated HCM and ERP cloud systems improve collaboration between departments, with 37 percent of respondents noting that they use the cloud to improve the way data is shared.

The report also reveals the human factors behind a successful cloud implementation, with employees’ ability to adapt to change standing out as critical. Among organizations that have fully deployed the cloud, almost half (46 percent) say they have seen their ability to reshape or resize the organization improve significantly—as do 47 percent of C-level respondents.

The productivity benefits have also been significant. Nearly one-third of respondents (31 percent) say they spend less time doing manual work within their department as a result of moving to the cloud and that the automation of processes has freed up time to work toward larger strategic priorities.

“As finance and HR increasingly lead strategic organizational transformation, ROI comes not only with financial savings for the organization, but also from the new insights and visibility into the business HR and finance gain with the cloud. People are at the heart of any company’s success and this is why we are seeing finance and HR executives lead cloud transformation initiatives,” said Steve Cox, group vice president, ERP EPM product marketing at Oracle. “In addition, improved collaboration between departments enables organizations to manage the changes ahead and sets the blueprint for the rest of the organization’s cloud shift.”

The survey also reveals there is a blurring of lines between functions and individual roles as the cloud increasingly ties back office systems together:

  • Increased Collaboration: 46 percent of finance and HR professionals say a full cloud deployment has led to significantly improved collaboration between departments, and nearly half expect a significant improvement in the next two years.
    • This extends to IT as well. 52 percent of C-level respondents said the relationship between IT, HR and finance is even better than expected following their cloud implementation
  • Cross-Corporate Intermingling: With the new roles of HR and finance professionals requiring them to work more closely with data and the cloud, 43 percent of businesses plan to bring IT people into these departments to help employees take advantage of new technologies.
  • New Skillsets: Desired skills respondents want to improve upon include:
    • Time management, with 40 percent saying this is currently an issue
    • Active learning
    • Problem solving, mathematical reasoning and analytical skills
    • The IT function also changes. Post-deployment, 56 percent of C-level respondents report that IT has significantly improved when it comes to producing innovations.

Cox added: “As organizations navigate technological changes, it’s critical for the C-suite to empower its employees to evolve their individual business acumen. Many businesses understand this and it’s encouraging to see 42 percent planning to provide their teams with management skills training to help them break out of their traditional back-office roles. The learnings from the move of finance and HR to the cloud will ultimately spread across the organization as, together, they conceptualize the shape of the next disruption.”

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

Oracle partnered with the MIT Technology Review to survey HR, Finance and IT professionals about the state of their cloud transformation and to gain insight into how moving to the cloud has improved collaboration among teams. In total, 700 HR, Finance, and IT professionals were polled across North America, EMEA and Asia.

About Oracle

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

Trademarks

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

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

Oracle ERP Cloud Named Leader in 2017 Gartner Magic Quadrant for Cloud Core Financial Management Suites

Wed, 2017-06-28 10:00
Press Release
Oracle ERP Cloud Named Leader in 2017 Gartner Magic Quadrant for Cloud Core Financial Management Suites

Redwood Shores, Calif.—Jun 28, 2017

News Summary

Oracle today announced it has been named a Leader in Gartner’s 2017 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” research report1. Out of 11 products evaluated, Oracle ERP Cloud is positioned the highest for both completeness of vision and ability to execute.

According to the report, “Leaders demonstrate a market-defining vision of how core financial management systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear ability to execute this vision through products, services and go-to-market strategies. They have a strong presence in the market and are growing their revenues and market shares. In the cloud core financial management suites market, Leaders show a consistent ability to win deals in organizations of different sizes, and have a good depth of functionality across all areas of core financial management. They have multiple proof points of successful deployments by customers based in their home region and in other geographies. Their offerings are frequently used by system integrator partners to support finance transformation initiatives.”

“Transformation and innovation are top of mind for finance organizations. Customers are looking for best-in-class cloud solutions to help drive deep real time business insights, increase productivity, and lower costs,” said Rondy Ng, senior vice president, applications development at Oracle. “Oracle ERP Cloud is the only enterprise-grade solution on the market with the breadth, depth, security, scalability, and cutting-edge innovations to meet these demanding business needs. We consider our leader positioning by Gartner as validation of our product and service driven strategy and recognition of our commitment to our customers’ success.”

“When we started our finance transformation effort to modernize our systems infrastructure, we needed a flexible solution that reduced our cost profile, mandated standardized best practice processes, and accelerated our ability to uptake innovative technology,” said Matthew Trager, Head of Finance Business Architecture, Lloyds Banking Group. “Oracle ERP Cloud met these and all of our functional and security requirements, giving us the agility to react and grow in a hyper-competitive business environment.”

Oracle ERP Cloud is the industry’s most complete, modern, and proven financial platform delivered seamlessly through the Oracle Cloud. A modern user interface driven by the latest design innovations delivers embedded analytics, contextual social collaboration, and a device-independent mobile experience to make Oracle ERP Cloud familiar and easy to use.

Oracle ERP Cloud includes complete ERP capabilities across Financials, Procurement, and Project Portfolio Management (PPM), as well as Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Supply Chain Management (SCM). Native integration with the broader Oracle SaaS portfolio for Human Capital Management (HCM), and Customer Experience (CX) offer customers a practical, business-driven, rapid adoption path forward.

Download Gartner’s 2017 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” research report”1.

For additional information on Oracle Cloud solutions for Finance, visit Oracle Enterprise Resource Planning (ERP) Cloud’s Facebook, Twitter, or the Modern Finance Leader blog.

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

1.Gartner, “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises,” by Nigel Rayner, Robert P. Anderson, John E. Van Decker, June 2017.

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

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

Trademarks

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

Talk to a Press Contact

Joann Wardrip

  • +1.650.607.1343

gnTel Selects Oracle Communications to Scale Cloud Based Hosted Services

Wed, 2017-06-28 09:00
Press Release
gnTel Selects Oracle Communications to Scale Cloud Based Hosted Services gnTel deploys Oracle Communications Session Border Controller to expand their SIP trunking and hosted unified communications services and to establish a clear path for evolution to NFV

Redwood Shores, Calif.—Jun 28, 2017

gnTel, a fast growing cloud-based telecom service provider to small and medium sized businesses in the Netherlands, has selected Oracle Communications technology to better scale their operations and lay the groundwork for the evolution of their network to NFV. Replacing their existing solution, gnTel will use Oracle Communications Session Border Controller (OCSBC) running on Acme Packet 4600 purpose-built hardware platforms to immediately create a new scalable access and peering infrastructure for their customers. This solution will allow gnTel to not only jumpstart their services but because of the close interworking between physical and virtualized OCSBC instances, and a flexible licensing scheme, also preserve this investment while they migrate to NFV.

Oracle Communications Session Border Controller is one of the industry’s leading border control solution that operates with most major IP-PBX, unified communications, and application server providers - reducing risks associated with commercial production level installations. Available on both purpose-built physical and commercial-off-the-shelf virtualized platforms, and coupled with a perpetual network-wide licensing scheme, OCSBC provides maximum flexibility to operators.

gnTel also chose NetAxis Solutions, an Oracle professional services partner, with deep technology competencies and experience, to design and implement their new service infrastructure.

“At gnTel, we recognize the fast pace of technology evolution in the telecom industry. We wanted to invest in a proven solution from a company that brings together expertise in cloud, virtualization, IT, and telecommunications,” said Onno Speekenbrink, gnTel. “Oracle’s solution and NetAxis Solution’s implementation will position us well for future growth.”

“Oracle’s cloud-ready session delivery solutions coupled with their extensive interoperability with third-party equipment and with our network monitoring software makes it simple for us to size, configure, deploy, and maintain the complex multi-vendor solution that gnTel requested,” said Bart van de Kar, NetAxis. “This project will further cement our expertise and relationship with Oracle.”

“In today’s marketplace, operators are looking for long-term, cost-effective and verified solutions that can improve their agility, streamline operations and accelerate time to market,” said Doug Suriano, senior vice president and general manager, Oracle Communications. “Oracle Communications SBC provides CSPs, such as gnTel, the unconstrained flexibility that supports their efforts now and in the future.”

To learn more about Oracle Communications solutions, please connect on Twitter @OracleComms and at www.youtube.com/user/OracleCommunications, or visit oracle.com/communications.

To learn more about NetAxis Solutions, please visit http://www.netaxis.be/.

For further information about gnTel please visit http://www.gntel.nl/en.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

Trademarks

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

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Kristin Reeves

  • +1.415.856.5145

State University of New York Selects Oracle Cloud at Customer to Modernize the Learning Experience for Students and Staff

Wed, 2017-06-28 09:00
Press Release
State University of New York Selects Oracle Cloud at Customer to Modernize the Learning Experience for Students and Staff Largest University System in the U.S. Looks to Oracle Cloud to Fuel Innovation, While Managing Stringent Regulatory Mandates

Redwood Shores, Calif.—Jun 28, 2017

News Summary

Oracle today announced that State University of New York is modernizing its infrastructure with Oracle Cloud. The State University of New York (SUNY) is the largest comprehensive university system in the United States, with 64 institutions serving more than 1.3 million students. Leveraging Oracle Cloud at Customer, SUNY aims to digitally transform its IT infrastructure, while meeting stringent regulatory data requirements and improving services to its constituents. The solution was selected in conjunction with Mythics, a Platinum-level partner in the Oracle PartnerNetwork.

Because of regulatory concerns and state mandates, SUNY needed a cloud solution that would sit behind their firewall, while still offering all the modern capabilities of a public cloud offering. After a competitive review, SUNY chose the Oracle Cloud Machine and Oracle to lead its data center transformation. SUNY expects its individual institutions to adopt the Oracle Cloud Machine to run their public cloud initiatives while keeping sensitive data within their premises. Individual schools can leverage the Oracle Cloud Machine to provision virtual machines, replicate mission critical data for disaster recovery, and quickly stand-up development and test environments, which can help those schools to reduce their individual data center footprints and reduce operating costs.  

“SUNY is dedicated to continually innovating to deliver the best learning experiences for our students and modern, efficient services for our staff,” said, Mike Notarius, CIO of the State University of New York Information Technology Exchange Center (ITEC). “We are excited to stand up the Oracle Cloud at the State University of New York (SUNY) Information Technology Center (ITEC) and provide a public cloud experience within the SUNY Private Cloud.”

Leveraging Oracle’s Cloud PaaS and IaaS capabilities, Oracle Cloud Machine enables customers to innovate in the cloud, while keeping their data behind their firewall. With a comprehensive, integrated portfolio of platform services, the offering empowers users to innovate faster, increase productivity, and lower costs.

Contact Info
Katie Barron
Oracle PR
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com
About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

Trademarks

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

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Kristin Reeves

  • +1.415.856.5145

Italian Consumer Electronics Retailer Unieuro SpA Drives Efficiency Through Supply Chain

Tue, 2017-06-27 08:01
Press Release
Italian Consumer Electronics Retailer Unieuro SpA Drives Efficiency Through Supply Chain Anticipate Demand and Simplify Operations with a Unified View of Inventory

Redwood Shores, Calif.—Jun 27, 2017

Today, Oracle announced that consumer electronics retailer Unieuro SpA purchased Oracle Retail Demand Forecasting and Oracle Retail Allocation & Replenishment to optimize stock levels, increase profitability and improve cash flow.

Unieuro aims at improving its centralized supply chain organization in order to support effective omnichannel replenishment processes including DOS, affiliate and online channels. With this initiative, Unieuro is in a stronger position to optimize the cross-channel opportunity to minimize stock, reduce obsolescence and streamline organizational costs. The supply chain organization will have the much needed visibility into demand coming from all touch points and to ultimately orchestrate the supply, reduce lost sales and increase customer satisfaction.

“Oracle Retail provides a distinctive replenishment approach for short lifecycle products which includes attribute based forecasting.” said Luigi Fusco, COO, Unieuro SpA. “We believe the optimized orchestration of the stock across channels will help improve our fulfillment rate to improve customer satisfaction and reduce obsolescence to eliminate costs.”

“After conducting a proof of concept with our data, Oracle Retail gained our confidence to move forward with the project. We validated our choice with customer references in the consumer electronics and hardlines businesses,” said Luca Girotti, IT Director, Unieuro. “We are thankful to the Sopra Steria team who helped us evaluate the market offerings and ultimately decide to move forward with the Oracle Retail solution.”

“Retailers like Unieuro can proactively position inventory in the right place in the right quantity by using analytic algorithms to drive accuracy and visibility. The visibility of this new supply chain organization will help Unieuro inspire consumer loyalty with a better in-stock position wherever they are inspired to shop,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail.

About Oracle Retail

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

About Oracle

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. 

NetSuite Announces New Channel Partners Seeking to Drive Growth with Cloud ERP

Tue, 2017-06-27 08:01
Press Release
NetSuite Announces New Channel Partners Seeking to Drive Growth with Cloud ERP Cherry Bekaert, Terillium, Revolution Group and Conexus SG Join NetSuite Solution Provider Program

San Mateo, Calif.—Jun 27, 2017

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced the addition of new partners to the NetSuite Solution Provider Program including Cherry Bekaert, Terillium, Revolution Group and Conexus SG. All four partners have launched new cloud ERP practices with NetSuite to help clients capitalize on the transformative power of cloud ERP. These new partners are responding to high demand for cloud ERP that can deliver greater agility and scalability for growth without the costly overhead and limitations of on-premise systems. At the same time, the partners are taking advantage of the opportunity to diversify and grow their business while benefiting with the high margins and recurring revenue offered through the NetSuite Solution Provider Program.

Launched in 2002, the NetSuite Solution Provider Program is the industry’s leading cloud channel partner program. Since its inception, NetSuite has been a leader in partner success, breaking new ground in building and executing on the leading model to make the channel successful with NetSuite. A top choice for partners who are building new cloud ERP practices or for those expanding their existing practice to meet the demand for cloud ERP, NetSuite has enabled partners to transform their business model to fully capitalize on the revenue growth opportunity of the cloud. The NetSuite Solution Provider Program delivers unprecedented benefits that include highly attractive margins and range from business planning, sales, marketing and professional services enablement, to training and education. Click here for more information about the NetSuite Solution Provider Program.

“These new partners are teaming with NetSuite as the global migration to the cloud continues to accelerate,” said Craig West, Oracle NetSuite Global Business Unit Vice President of Channel Sales. “We look forward to helping customers modernize and transform how business is done through these collaborative and mutually beneficial relationships.”

Cherry Bekaert Launches ERP Consulting Practice with NetSuite Cloud ERP

Cherry Bekaert (www.cherrybekaert.com), one of the 25 largest CPA firms in the U.S. with 1,000+ associates, has launched a new ERP consulting practice to offer NetSuite to businesses in software and technology, manufacturing, distribution, private equity, transportation and logistics, nonprofit, financial services and other industries. The 70-year-old firm, headquartered in Richmond, VA with strong concentration from Washington, D.C. to Miami, will provide implementation, support and customization services to existing and new midmarket customers amid growing demand for NetSuite’s industry-leading solution for ERP, CRM and ecommerce. Cherry Bekaert specializes in helping clients take advantage of opportunities and address new requirements that come with expansive growth. By joining forces with NetSuite, Cherry Bekaert’s new Cloud Solutions practice will equip clients for improved efficiency and productivity in financial operations; compliance with revenue recognition, tax and reporting requirements; and real-time visibility into consolidated financial results.

“The demand for cloud solutions is surging among our middle-market client base, particularly in technology, health and life sciences, and industrial, the sectors that make up our practice,” said Paul Doucet, Managing Director of Cherry Bekaert’s Cloud Solutions practice. “NetSuite’s integrated applications provide a dynamic cloud solution with deep expertise in our core industry segments. We look forward to an equitable and rewarding relationship.”   

Terillium Expands Oracle Platinum Relationship with NetSuite

Terillium (www.terillium.com), a Platinum level member in the Oracle PartnerNetwork since 2006 and 12-time recipient of Oracle Excellence Awards, is expanding its Oracle technology offerings as a new NetSuite Solution Provider serving clients in the small and midmarket manufacturing, distribution and services sectors. Based in Cincinnati, OH, with more than 170 associates, Terillium’s new NetSuite practice will complement its traditional focus on Oracle JD Edwards and Oracle cloud offerings for supply chain, procurement, financials, planning and budgeting, sales and human capital management. With Oracle’s acquisition of NetSuite complete last November, allying with NetSuite was a “natural fit” that enables Terillium to offer organizations NetSuite’s agile, scalable and unified platform, according to Steve May, Vice President at Terillium. Terillium leverages deep expertise gained in delivering solutions to more than 500 businesses to meet rising demand for cloud ERP, CRM and B2B ecommerce with a complete NetSuite services offering for implementation, customization, integration and ongoing optimization.

“We teamed with NetSuite because it’s the #1 cloud ERP on the market with a complete and proven platform used by over 40,000 organizations that can be deployed very quickly with all the benefits of the cloud,” May said. “Offering NetSuite cloud ERP to the businesses we work with is aligned with our mission to provide the best solutions and services possible.”

Revolution Group Focuses on Manufacturing, Distribution with NetSuite

Revolution Group (www.revolutiongroup.com), founded in 1995, is expanding their cloud ERP practice with NetSuite to meet growing demand among its manufacturing, distribution and professional services clients and prospects for cloud ERP. Based in Ohio with about 80 associates, Revolution Group will provide NetSuite cloud ERP distribution, implementation, customization and development that combines NetSuite’s best-in-class platform with Revolution Group’s decades of expertise in the manufacturing, distribution and professional services industries. The relationship with NetSuite expands Revolution Group’s cloud technology portfolio beyond Salesforce and the Plex Manufacturing Cloud. Revolution Group will also leverage its development team and the SuiteCloud development platform for “last mile” customizations and optimizations that help clients continuously innovate and grow with NetSuite.

“We see NetSuite as a very scalable, flexible and growth-oriented platform to meet our customers’ business requirements,” said Rick Snide, CEO of Revolution Group. “Businesses are seeking cloud ERP solutions that correspond with their business needs and budget. Our teaming with NetSuite allows us to offer our clients and prospects options that complement our current services and help them achieve their goals.”

Conexus SG Expands Beyond On-Premise Microsoft ERP with NetSuite

Conexus SG (www.conexussg.com), based in Dallas-Fort Worth, TX, has joined the NetSuite Solution Provider program to offer their first cloud ERP offering and expand beyond its traditional focus of on-premise Microsoft Dynamics GP, SL, CRM and related solutions. The move addresses increased demand for NetSuite cloud solutions, among Conexus SG’s clients and prospects in the oil and gas, manufacturing, distribution, healthcare, restaurant and services industries in the Texas and Oklahoma region. Founded in 2008 and a Microsoft Gold ERP Partner that has served hundreds of customers, Conexus SG combines its deep experience in industry-specific ERP implementation with NetSuite’s proven platform to offer clients a true cloud ERP solution geared for efficiency and growth. Besides NetSuite ERP, CRM and ecommerce implementation and optimization, the 20-person firm will also offer the NetSuite OpenAir professional services automation solution.

“Customers are asking for cloud and customers are asking for NetSuite,” said Eric Holleman, Conexus SG Managing Director. “The future is cloud, and NetSuite is the clear leader in cloud ERP. NetSuite is an ideal fit for fast-growing companies because it doesn’t require infrastructure, it’s fast to implement, and it’s scalable for growth. We’re delighted to team up with NetSuite to offer clients greater choice and flexibility.”

Contact Info
Christine Allen
Public Relations, Oracle NetSuite Global Business Unit
603-743-4534
PR@netsuite.com
About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

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

Christine Allen

  • 603-743-4534

Pages