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... Cloud
Communications Critical to Delivering Stellar Customer
Experiences and Growth. A new Oracle
Communications study The Cloud Redefines Customer Experience
revealed that enterprises view in-application communications
technologies as critical to enhancing customer experiences
and gaining a competitive edge and higher growth. While 65
percent of enterprise IT decision makers polled noted that
embedded communications will become the dominant way of
communicating with employees, suppliers and customers moving
forward, nearly half (46 percent) noted they lack the
expertise to deploy new communications technologies. “Businesses are under increased pressure to accelerate digital change to improve customer experiences and employee productivity, all while lowering costs,” said Doug Suriano, senior vice president and general manager, Oracle Communications. “Businesses need the agility to take advantage of the latest communications technologies—be they chatbots, HD Voice, HD video, screen sharing, and annotation—to achieve these objectives, but many lack the infrastructure and expertise to do so. The race is on for companies to quickly implement these technologies, and they are increasingly looking to the cloud to help them achieve success.” TORONTO
— Banking solutions: SAP announced that
Lloyds Banking Group will boost its payment capabilities and
provide unmatched delivery to corporate and institutional
clients with a cash management and payments platform from
SAP, powered by SAP HANA. “The need for corporate banks to
provide their clients with a seamless user experience as
well as a high level of self-service becomes more and more
imminent,” said Rob Hetherington, global head of Financial
Services Industries at SAP.
API banking solutions. In today’s economy, banks seek to adapt a more customer-centric business model by delivering new services with greater transparency. Traditional banks understand that they must equip themselves with digital capabilities to avoid being disintermediated by new players in the industry. Oracle’s open API banking solution set can help banks make the difference they need. Packaged and ready for integration with any financial institution’s tech ecosystem, Oracle’s end-to-end solution is well suited for open API initiatives that require design, documentation, simulation, management, identity/security management and monetization backed by business analytics. “Times
have changed and today, more than ever, a two-fold approach
is necessary when implementing customer facing technology,”
said Oracle Senior Vice President Chet Kamat. “Quite simply,
the two aspects are acquiring plug-and-play lifecycle
experience products—like mobile applications and
omni-channel user experience solutions—and adopting open API
banking. Oracle offers a solution versatile enough to cater
to both these needs.” Customer Success. To accelerate customers’ digital transformation in the cloud, Oracle PartnerNetwork (OPN) launched the Oracle Cloud Excellence Implementer (CEI) program. The offering recognizes and rewards partners that continually demonstrate expertise, a successful track record, and superior customer satisfaction in delivering high-quality Oracle Software as a Service (SaaS) Cloud implementations to customers. “The
cloud continues to represent a tremendous opportunity not
only for our customers, but also for our partner community,”
said Camillo Speroni, Vice President of Worldwide Strategic
Alliances, Oracle. “As such, we remain committed to
providing the intelligence and resources both parties need
to make this transition as smooth and successful as
possible. The CEI program was designed to recognize and
support those partners that not only offer a marked
expertise in Oracle Cloud solutions, but also a commitment
to excellence in ensuring successful customer experiences
and outcomes throughout the entire implementation process.” “Nothing
is more aggravating than dealing with a call center or
service desk where you are stuck in a long, dehumanized loop
of menu options with a slow resolution,” said Doug Suriano,
senior vice president, general manager, Oracle
Communications. “With Oracle Live Experience Cloud,
businesses can eliminate customer friction points by
harnessing the power of contextual communications and
real-time engagement capabilities to offer a personalized
and highly interactive digital experience that builds
customer loyalty and improves business outcomes.” Enterprise BI Platforms. Forrester Research has named Oracle a leader in its “The Forrester Wave™: Enterprise BI Platforms with Majority Cloud Deployments, Q3 2017” report. This placement confirms Oracle Analytics Cloud as a leader in the analytics space. “By
offering a single, integrated platform capable of serving
all of an enterprises’ analytics needs, including
self-service data visualization, data preparation, embedded
machine learning and predictive analytics, Oracle Analytics
Cloud helps businesses improve efficiencies and drive
innovation,” said Rich Clayton, vice president product
management, Oracle. “Our unique, comprehensive platform can
address the needs of executives, analysts and data engineers
while helping reduce the time and financial resources
necessary to integrate and optimize a plethora of
technologies for data-driven innovation.” SAP
Hybris. Businesses gained deeper insight into
their customers and saw return on investment (ROI) rise
after deploying SAP Hybris Marketing Cloud, according to a
Forrester Consulting study, The Total Economic Impact™ Of
The SAP Hybris Marketing Solution. “Marketing technology should empower businesses to more deeply understand customers and engage with them intelligently,” said Marcus Ruebsam, SAP Hybris senior vice president and head of Strategy and Solution Management. “This latest study illustrates that SAP Hybris Marketing Cloud truly allows businesses to do just that. By consolidating marketing platforms and creating a more efficient data exchange between systems, organizations can develop complete customer profiles to enhance engagement and campaigns.” Cloud Native Computing Foundation. Oracle has joined the Cloud Native Computing Foundation (CNCF) as a Platinum Member. In addition, Oracle is releasing Kubernetes on Oracle Linux and open sourcing a Terraform Kubernetes Installer for the next-generation Oracle Cloud Infrastructure. As such, developers gain unparalleled simplicity for running their cloud native workloads on Oracle. “Nobody has more experience
managing complex enterprise workloads than Oracle. By
joining the CNCF, we’re making it easier for enterprises to
leverage the power of container-native technology to
simplify their infrastructure environments to run in true
hybrid cloud mode – in any cloud,” said Mark Cavage, vice
president of software development at Oracle. “CNCF
technologies such as Kubernetes, Prometheus, gRPC and
OpenTracing are critical parts of both our own and our
customers’ development toolchains. Together with the CNCF,
Oracle is cultivating an open container ecosystem built for
cloud interoperability, enterprise workloads and
performance.” Oracle, Internet of Things (IoT). Oracle announced its collaboration with Mitsubishi Electric Corporation to develop an Internet of Things (IoT) platform for smart manufacturing. With Oracle Cloud, Mitsubishi Electric developed its new FA-IT Open Platform for factory automation. Using edge computing between devices and business applications, the new platform enables the rapid collection, analysis, and utilization of data at production site. With organizations rapidly adopting Industry 4.0, manufacturers are increasingly seeking to optimize their total manufacturing processes by using IoT to collect data from all equipment in factories for visualization and analysis. FA-IT Open
Platform leverages Oracle Database Cloud, Oracle Java Cloud,
Oracle BI Cloud, Oracle IoT Cloud, Oracle IoT Production
Monitoring Cloud, Oracle SOA Cloud, and Oracle
Infrastructure as a Service. Information received in real
time from machine tools and production terminals is received
by Oracle IoT Cloud, enabling efficient real time processing
with the extensible infrastructure. Mitsubishi Electric
utilizes machine learning of Oracle Database Cloud, the
reporting function of Oracle BI Cloud, and the
cost-effective Oracle Cloud Infrastructure in the analysis
of accumulated Big Data, contributing to further development
of solutions in the factory automation area for customers
and to smart manufacturing industry. Oracle, IoT Cloud Portfolio. Oracle announced significant enhancements to the Oracle Internet of Things (IoT) Cloud. The offering now features built-in artificial intelligence (AI) and machine learning that powers Digital Twin and Digital Thread capabilities. As such, customers and partners can quickly gain operation-wide visibility and leverage predictive insights from connected assets. These insights can increase deployment times, reduce costs, improve business outcomes, and accelerate new market opportunities. Combining the power of Oracle IoT Cloud and enterprise applications, Oracle also introduced new industry solutions for digital field service, smart connected factories, and digital fleet management. “IoT holds the
potential to transform today’s siloed operations into a
modern, interconnected, digital set of workflows with
real-time visibility and responsiveness,” said Bhagat
Nainani, group vice president, IoT Applications at Oracle.
“Oracle continues to push the boundaries of IoT to help our
customers significantly simplify their IoT deployments. By
receiving real-time data streams enhanced with predictive
insights, they can reach new levels of intelligence and a
much quicker realization of ROI.” Scale Business with Oracle NetSuite OneWorld. Oracle NetSuite, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, announced that Lfplaza Group, a wholesale distributor of luxury and designer fashion clothing, bags, shoes and accessories, has scaled its business dramatically since deploying NetSuite OneWorld shortly after its launch in 2012. Based in Hong Kong, the company relies on NetSuite for financials, inventory management, CRM and marketing, as well as multi-subsidiary and multi-currency management for the Hong Kong, Australian and U.S. dollars, Chinese renminbi, British pound, Japanese yen, New Taiwan dollar and the Euro. NetSuite’s unified cloud business management platform has given Lfplaza scalability and agility as its business has soared from the startup phase to $300 million HKD (about $38.4 million USD) in revenue in just five years. Starting out, Lfplaza had in place an entry-level accounting system from a Chinese software vendor. After evaluating several competing solutions, Lfplaza quickly settled on NetSuite OneWorld as an ideal fit for its objectives of an integrated system that could support rapid growth. NetSuite OneWorld today powers end-to-end processes for Lfplaza’s sales of goods from more than 100 brands to a network of over 600 wholesale clients and about 40 regional multi-brand boutiques across Hong Kong, mainland China, Taiwan, Japan, South Korea, Singapore, Malaysia, Indonesia, Thailand and Vietnam. Hiring Five-Thousand Cloud Professionals. This year, Oracle is hiring more than five-thousand new engineers, consultants, sales and support people into its rapidly growing cloud business. This injection of talent will help Oracle sustain the momentum in what is already the world’s fastest growing multi-billion dollar cloud business. “Central to Oracle’s success is our empowered, inspired and engaged workforce,” said Joyce Westerdahl, Oracle Executive Vice President, Human Resources. “We’re hiring experienced sales and engineering professionals eager to contribute to Oracle’s cloud growth and champion our products. We are also recruiting high-performing recent college graduates and offering them a world-class training program to prepare them for a career in the technology industry.” Careers at Oracle SAP:
European companies Mercadona, Swiss Post,
Viohalco and Vitra have selected SAP SuccessFactors
solutions for human capital management (HCM) to put
people at the heart of their digital business strategies
and deliver employee experiences required to win and
retain top talent.
“People are the most powerful asset within any organization, and SAP SuccessFactors solutions deliver cloud-based HR tools that help attract and develop top talent, and empower employees to perform at their best, said SAP SuccessFactors President Greg Tomb. “We’re delighted with the recent momentum in Europe as more and more companies choose SAP SuccessFactors solutions to drive digital HR transformation and enable their people to succeed with an HR experience that is continuous, live, intelligent and connected.” Human Resources (HR business transformation). SAP announced a series of new human resources scenario-specific capabilities. Enhanced mentoring and coaching with the SAP SuccessFactors Succession & Development solution, as well as an employee support work pattern for HR help desk operations, enable more agile and efficient processes while capabilities for HR and employee communications support engagement, transparency and discussion. “In today’s competitive business environment, human resources professionals need modern tools to streamline administrative and employee support processes so they can focus on developing and supporting talent,” said Daisy Hernandez, SAP global vice president, Product Management, Enterprise Collaboration. “SAP is committed to blending online mentoring experiences with valuable real-life connections, helping to make important employee development programs like mentoring and coaching the best they can be.” IBM and SAP have teamed
up to provide a co-innovated solution for the retail and
consumer packaged goods industries to help both increase
profitability and improve the consumer experience. The
solution uses near real-time data to markedly improve
planning and execution in the physical store. Unique data
sources, such as IBM’s Metro Pulse, flow through SAP Cloud
Platform to provide insights that can be acted upon
almost immediately. All of these transformative insights for
better decision making are fueled by live business, unique
near real-time market-demand signals and a digital core that
helps make the execution possible. SAP announced that Harvard Business School’s Frances Frei, Cake Boss Buddy Valastro and positive psychology author Shawn Achor will be among the noted keynote speakers streamed live from Success Connect 2017 in Las Vegas, the premier event for human resources (HR) professionals. SuccessConnect in Las Vegas will bring together the world’s foremost HR executives and business leaders to explore how SAP SuccessFactors solutions for human capital management (HCM) are transforming the employee experience in today’s digital economy. This year’s event will feature a host of business visionaries sharing insights on how to develop a workforce culture that maximizes every employee’s potential. In Las Vegas, the SuccessConnect 2017 diamond-level sponsor is Deloitte. Platinum-level sponsors are /N SPRO Inc., Aasonn, Accenture, Dell Boomi, EY, GP Strategies, IBM and Virgin Pulse. Gold-level sponsors are 3D Results, ADP LLC (also the After-Hours Party sponsor), AspireHR, Benefitfocus Inc., Enterprise Information Resources, EPI-USE, GroupeX Solutions, Infosys Ltd., Kronos, Nakisa, NGA Human Resources, OpenText, PeopleDoc, PwC and Veritas Prime. With SAP Hybris Commerce, Arsenal Football Club Transforms Online Shopping for Fans. Arsenal Football Club has transformed its online retail site with SAP Hybris Commerce solutions, allowing fans to shop faster, anywhere, anytime and with a choice of currencies. Fans can now buy
official Arsenal kit, training wear and accessories on any
device in four currencies: euros, U.S. dollars, Australian
dollars and British pounds. “The sports and entertainment
industries are near and dear to our hearts at SAP, and we
have a deep understanding of the expectations brands within
this market have,” said Jamie Anderson, senior vice
president and chief marketing officer at SAP Hybris.* “When
it comes to athletics, fans can be particularly passionate
consumers, demanding quality performance at all times. With
this in mind, SAP Hybris solutions enable leading global
organizations, like Arsenal Football Club, to deliver
services and products to fans that reflect the standing and
regard they have for the club. The benchmark is not what
other sports clubs offer, but a solution fitting the
expectation of world’s leading retailers.” Oracle NetSuite, providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, announced that ROLI, a music technology innovator and maker of the award-winning Seaboard instrument, has implemented NetSuite OneWorld to manage critical business processes including financials, inventory management, order management, CRM, multi-currency management for the British pound, Euro and US dollar, and multi-subsidiary management for three subsidiaries in the UK and two in the US. As a result of its implementation of NetSuite OneWorld in September 2016, ROLI is better positioned to take advantage of rapid sales growth as innovative products like the Seaboard Block and Lightpad Block become more popular to music-makers. ROLI selected
NetSuite OneWorld due to its 360-degree customer view,
inventory management and cloud-based architecture. NetSuite
OneWorld provides the flexibility, agility and scalability
ROLI needed for continued growth and a real-time view of
business performance. “As a company,
ROLI is focused on innovation, growth and delivering
world-class experiences for its customers and music lovers
everywhere,” said Mark Woodhams, Managing Director, EMEA for
Oracle NetSuite. “NetSuite OneWorld is an ideal fit for
those goals, as a flexible, scalable solution with global
reach that can serve as the foundation to continue to build
upon its success.” NetSuite OneWorld
supports 190 currencies, 20 languages, automated tax
calculation and reporting in more than 100 countries;
customer transactions in more than 200 countries; and
enables businesses to streamline their mission-critical
business processes. Gartner Inc. has positioned SAP as a leader in the 2017 “Magic Quadrant for Data Integration Tools” report. The report recognized SAP as a leading provider based on its “ability to execute” and “completeness of vision,” after evaluating SAP data integration products. “We believe Gartner recognizes SAP as a leader in this market thanks to our innovative data management foundation and its ability to drive digital transformation for our customers and partners,” said Greg McStravick, president of SAP Database and Data Management. “SAP’s comprehensive portfolio of enterprise information management solutions, including SAP Data Services software, SAP HANA smart data integration and the SAP Master Data Governance application, make up a complete end-to-end market-leading data management foundation for the governance, quality, computation, integration, movement, storage and analysis of data.” Oracle Retail to Support Aggressive Annual Growth. Oracle announced that PurCotton has deployed Oracle Retail Merchandise Operations Management Suite, Oracle Retail Planning and Optimization and Oracle Retail Insights to support the growth of its retail business. “Oracle Retail has built end-to-end process capabilities within our suite of applications and cloud services that can deliver individually or collectively to achieve Empowered Commerce,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “We are impressed by the growth trajectory and achievements of PurCotton and look forward to playing a role in their continued success.” Enterprise Project Portfolio Management. ABC Aerolíneas, S.A. de C.V., operating as Mexican airline Interjet, has seen significant efficiency gains from using Oracle’s Primavera P6 Enterprise Project Portfolio Management to coordinate, manage and execute key projects. "With the former tools, planning was more complicated and required us to develop complementary tools to show in a very graphic and simple way the status of each project and each responsible person. Primavera P6 EPPM has reduced the effort and time needed to analyze and present results, with benefits for those who manage the projects, those who execute and those who follow up. Oracle’s software has allowed us to contribute in a coordinated and effective way to the development of the company," said Carlos Núñez Brambila, Project Director of Interjet. With Primavera P6 EPPM from Oracle Construction and Engineering, Interjet now also has the ability to streamline management responsibilities. It can designate one member of the project management team to control the project development, identify project deviations and bring visibility to key stakeholders to make informed decisions. Additionally, Interjet is able to map clear objectives and responsibilities for each project to corresponding specialists based on their knowledge and skills. The result is that resources are leveraged more effectively through closer coordination between various departments and managers. “Oracle’s
Primavera P6 EPPM provides the real-time collaboration,
visibility and scalability that enable organizations like
Interjet to manage projects of any size efficiently and
effectively,” said Andy Verone, Vice President, Product
Strategy, Oracle Construction and Engineering. “We are
thrilled to deliver transformative solutions that are
improving project and business outcomes for customers in
Mexico and around the world.” In today’s global economy, organizations need to continually refine their business models to respond to disruptive threats and competitive opportunities. To help organizations successfully manage these changes, from strategy to results, Oracle EPM Cloud empowers finance teams to quickly and effectively embrace digital technologies and modern best practices. As a result, Oracle EPM Cloud enables organizations to drive accurate and agile plans across finance and operational lines of business, accelerate financial close, streamline internal and external reporting, and ensure compliance with tax reporting regulations. “Today’s business leaders are faced with unprecedented changes that demand a rethink of traditional EPM processes and models,” said Hari Sankar, group vice president, EPM product management at Oracle. “To be effective in this new operating environment, finance leaders need to drive operations with confidence, monitor results continuously, and course correct with agility. With the latest additions to Oracle EPM Cloud, we are empowering our customers to embrace change and take advantage of the cloud to capitalize on opportunities faster than their competition.” To further extend
Oracle EPM Cloud and give organizations fast and intuitive
insight into profitability and cost, Oracle has introduced
Oracle Profitability and Cost Management Cloud. The new
offering enables business users to take ownership of
allocation-based business processes such as customer/product
profitability, management allocations, and shared services
costing. As a result, organizations can enhance business
performance by gaining insight into hidden profit and cost
drivers across key business dimensions such as products,
customers, sales, and channels. Oracle Enterprise Performance Management (EPM) Cloud Solutions. Higher education institutions have invested in Oracle Enterprise Performance Management (EPM) Cloud solutions for the modern planning and forecasting insights. Oracle EPM Cloud customers in higher education include: Lorain County Community College, San Francisco State University, Shawnee State University, University of Maryland, Baltimore, University of Wyoming, and the University System of New Hampshire. Oracle EPM Cloud helps higher education institutions better align budget dollars with organizational priorities to achieve academic and financial goals. With an intuitive user experience and prebuilt financial functions, higher education institutions can get greater insights from Oracle EPM Cloud’s automated data analysis. Oracle EPM Cloud also helps with statutory and management reporting requirements higher education institutions may have to stakeholders, including state and local governments, governing boards, or accreditation bodies. The increased visibility into funding and tuition changes also helps them become more efficient and effective with public and private dollars. “We provide
higher education institutions with tools that provide
transparency into the costs of higher education so they can
offer their students the best academic experience possible,”
said Hari Sankar, group vice president, EPM product
management at Oracle. “By providing departments with
insights on the revenue they generate and the resources they
consume, Oracle EPM Cloud can help institutions make more
informed decisions about resource alignment for their
programs.” Oracle Cloud Platform provides organizations with everything they need to build, deploy, and extend applications and run business-critical workloads in the cloud. Oracle’s PaaS helps enterprise IT and independent software vendor (ISV) developers rapidly build and deploy rich applications - or extend Oracle Cloud SaaS apps - using an enterprise-grade cloud platform based on the industry's #1 database and application server. Oracle’s IaaS delivers a comprehensive set of integrated, subscription-based infrastructure services that enable businesses to run any workload in an enterprise-grade cloud managed, hosted, and supported by Oracle. “Customer
adoption of our Oracle Cloud Platform services is at an
all-time high,” said Amit Zavery, senior vice president,
product development, Oracle Cloud Platform. “We are
committed to providing our customers with the most
comprehensive, open, integrated, and differentiated cloud
platform to help fuel innovation and redefine their
businesses.” “Oracle’s
next-generation cloud infrastructure is optimized for
enterprise workloads and now supports Oracle Exadata, the
most powerful database platform,” said Kash Iftikhar, vice
president of product management, Oracle. “With the power of
Oracle Exadata, customers using our infrastructure are able
to bring applications to the cloud never previously
possible, without the cost of re-architecture, and achieve
incredible performance throughout the stack. From front-end
application servers to database and storage, we are
optimizing our customers’ most critical applications.” Business Intelligence - Improve Business and Gain Insight. Connecting people to the information they need through the power of cloud technology, Oracle Analytics Cloud is experiencing significant growth with thousands of organizations subscribing to the service globally. In addition to tripling adoption over the last 12 months, nearly 75 percent of customers are new to Oracle Analytics Cloud, ranging from small and medium sized businesses accessing enterprise-class analytics for the first time to large organizations modernizing their analytics platforms. Arlington Orthopedic Associates, Outfront Media, and Skanska AB are among those using Oracle Analytics Cloud to identify new savings, help increase their return on investment, and fuel innovation. “Oracle Analytics Cloud makes it easy for customers to gain new insights and reap the rewards of digital transformation by offering the speed, scale, power, and flexibility organizations need in a single platform,” said Rich Clayton, vice president of analytics product strategy, Oracle. “Customers clearly understand the value, which is driving strong growth across the board – in our base, with new customers, and in utilization, which is the highest of any Oracle Platform as a Service offering.” Upgrade
of Oracle Retail Release 16. Dubai Duty Free is
the first customer to upgrade to Oracle Retail Release 16,
Oracle announced today. One of the largest airport retailers
in the world, Dubai Duty Free provides customers with
first-class service, excellent value, a wide range of
quality products and a world-class shopping environment. In
less than 8 months, Dubai Duty Free completed its upgrade of
Oracle Retail Merchandising System, Price Management,
Invoice Match, Sales Audit, Warehouse Management, Store
Inventory Management and Retail Insights from Release 12 to
Release 16. The upgrade project also included interfaces to
e-commerce, the point-of-sale system, warehouse automation
and the Oracle E-business suite. The new functionality of
Release 16 will increase user productivity through
exception-based retailing, persona specific dashboards,
operational efficiency, and widespread mobility.
Additionally, the new technology allows click and collect
with accurate inventory visibility and best-in-class
processes with Oracle Commerce and Oracle Retail. Meet
Accelerating Market Changes with Major Innovations to
Supply Chain Management Cloud. To help
organizations meet rapidly changing business demands, Oracle
announced significant expansions to Oracle Supply Chain
Management (SCM) Cloud. Part of Oracle Cloud Applications
Release 13, the latest release of Oracle SCM Cloud delivers
a comprehensive, next-generation supply chain platform that
enables organizations to embrace outside-in demand driven
processes and capabilities without the complexities and
constraints of traditional supply chain architectures. The
new release includes a number of innovative solutions
including: supplier collaboration, quality management,
maintenance, sales and operations planning, demand
management, and supply planning, as well as expansions
across all existing solutions. “Business leaders recognize
the undeniable benefits of digitizing core business
functions like the supply chain, yet many still struggle to
maintain outdated supply chain systems that are designed for
the problems of the past—not the challenges of the future,”
said Jon S. Chorley, chief sustainability officer and group
vice president of supply chain management product strategy
at Oracle. “Oracle SCM Cloud is built from the ground up for
the cloud in order to support current and future business
challenges. These enhancements go broader and deeper,
demonstrating our commitment to supply chain excellence,
which includes delivering the visibility, insights and
capabilities organizations need to successfully balance
supply and demand across increasingly complex global supply
chains.” The six new products included in the latest release
of Oracle SCM Cloud are: Oracle Sales and Operations
Planning (S&OP) Cloud; Oracle Demand Management Cloud;
Oracle Supply Planning Cloud; Oracle Supply Chain
Collaboration Cloud; Oracle Quality Management Cloud;
Oracle Maintenance Cloud. Oracle
Banking Payments Offering. Oracle announced the
worldwide release of its Oracle Banking Payments solution.
The offering was built from the ground up leveraging ISO
20022 and is designed to help banks compartmentalize
payments messaging, message transformation and payment
processing while providing high fidelity insight. Using the
Oracle Banking Payments API, banks can also innovate within
the Internet of Payments, collaboration with 3rd parties or
curate new business models in collaboration with Fintechs.
“As a core banking vendor we have been supporting payments
for over two decades. We run payments for over 500 banks
across 140 countries. In many instances our applications
cater to a significant proportion of a country or a
jurisdiction’s volumes, for example we enable over 20% of
the inward and 22% of the outward real time settlements in
India” said Chet Kamat, senior vice president, Oracle
Financial Services. “With Oracle Banking Payments, financial
institutions can improve straight through processing,
support real-time and immediate payment settlement and
reduce time-to-market while driving innovation.”
Digitization has brought banks to a payments arena tipping
point where customers demand constant availability for
real-time, frictionless payments. Grappling with increasing
levels of operational complexities, banks have increasingly
adopted siloed structures and multiple messaging standards
leading to a disharmonized payment landscape. At the same
time, new players are challenging incumbents by offering
personalized products, exemplary efficiency and security. To
remain competitive, financial institutions need to adopt a
transformational approach that addresses the changing
dynamics of the payments marketplace. Oracle,
Gartner Magic Quadrant for Web Content Management. Oracle
has been named a leader in Gartner’s 2017 “Magic Quadrant
for Web Content Management” report. Oracle believes this
placement is another proof point of momentum for Oracle’s
hybrid cloud strategy with Oracle WebCenter Sites and growth
for Oracle Content and Experience Cloud, part of the Oracle
Cloud Platform. Oracle
Cloud for ERP and Financials. Bank of America has
selected Oracle’s cloud-based ERP and financial applications
for both its international general ledger and its
broker-dealer systems. Oracle has more than five thousand
Fusion Financial cloud applications customers installed
worldwide. “Bank of America is among the most sophisticated
applications customers in the world,” said Mark Hurd, CEO,
Oracle. “Companies in record numbers are migrating legacy
ERP applications to Oracle ERP Cloud. Oracle will
deliver Bank of America the most modern, complete, global
ERP applications in the world.” Oracle, New Cloud-Based. Oracle introduced Oracle Health Sciences Clinical One Platform, a cloud-based eClinical environment that is intended to redefine the way technology supports clinical research, and its first capability in the new environment, Clinical One Randomization and Supplies Management. 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. New Cloud-based Banking Solution Targets Default Debtors, Improves Customer Experiences - Financial institutions looking to recoup delinquent accounts while maintaining a positive association with their brands have a powerful new tool: Oracle Banking Collections. The cloud-enabled solution provides lenders a more comprehensive look at debtors’ total financial pictures and features so they can more easily repay their loans. “The Federal Reserve reported that as of March 31, 2016, total household debt in North America alone was $12.25 trillion. Oracle Banking Collections provides financial institutions a single system for comprehensive collection activity across all products related to a delinquent account. The collections process is designed for the digital world with efficient workflows, improved decision making and intuitive customer centric capabilities that empower the consumer with self-service remediation,” said Chet Kamat, senior vice president Banking Products for Oracle Financial Services. “Financial Institutions can choose to deploy the solution on the Oracle Cloud or on premise.” Gartner's Magic Quadrant for Oracle Application Management Services - Infosys has been positioned as a 'Leader' in Gartner's Magic Quadrant for Oracle Application Management Services, Worldwide. Authored by Frances Karamouzis, Gilbert van der Heiden and Kris Doering, the Magic Quadrant evaluates 17 providers' capabilities to provide Oracle application management services. Ravi Kumar, Executive Vice President and Chief Delivery Officer, Infosys: "Infosys has consistently been recognized as a leader in the Oracle Application Management Services Magic Quadrant. This was achieved through our deep investments in automation platforms and robotics, and our focus on understanding clients' most challenging problems. Moreover, our acquisition of Panaya is helping us automate our service lines. We will continue to work closely with Oracle as our clients seek to transform their technology landscapes, by extending their use of cloud and analytics to bring greater innovation to their organizations." Business Intelligence and Analytics Software - Business Intelligence and Analytics Software Market is expected to grow from $17.90 Billion in 2015 to $26.78 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 8.4%. Business Intelligence and Analytics Software Market by Segment (BI platforms, CPM Suite, Advanced and Predictive Analytics, Content Analytics, Analytics Application), by Services, by Deployment Mode, by Org. Size, by Verticals, by Regions - Global Forecast to 2020. The major vendors in the Business Intelligence and Analytics Software Market are IBM, Oracle, SAP, SAS, Microsoft, Micro Strategy, Qlik Technologies, Information Builders, Tableau Software, and many others. MarketsandMarkets Oracle India is witnessing unprecedented demand for its cloud solutions. Oracle's Software as a Service (SaaS) business has seen the highest and fastest adoption rate till date, with Platform as a Service (Paas) close behind. Global ERP
Software - the global ERP software market is expected
to reach $ 41.69 billion by 2020, registering a CAGR of 7.2%
during 2014-2020. Emergence of cloud technology in the
market would lead to a paradigm shift in the deployment
methods from on-premise to cloud-enabled ERP. Cloud ERP
software considerably reduces the investments required in
alternative IT resources and offers greater flexibility.
Thus, customers are shifting from on-premise to cloud ERP.
Feature of accessing ERP from mobile devices would gain a
surge in terms of adoption. Veteran software executive John Dillon has joined ModuleQ Advisory Board. Dillon has a long and distinguished career as CEO of such leading enterprise software companies as Salesforce.com, Engine Yard, and Hyperion Solutions. "John's deep expertise in Customer Relationship Management (CRM) and Software-as-a-Service is highly relevant to ModuleQ's first product, a personal pipeline management app for sales professionals," said company founder David Brunner. Oracle Enterprise Financial Planning and Budgeting - Organisations that align operational resources with strategic priorities through integrated planning, budgeting and forecasting can substantially improve productivity and profitability. Yet adopting these best practice planning processes has been a challenge for businesses that rely on spreadsheets or disconnected point solutions. To help organisations harness the power of integrated financial planning and budgeting quickly and cost-effectively, Oracle has released Oracle Planning and Budgeting Cloud Service, democratising access to world-class planning and performance management. Upgrade to Oracle E-Business
Suite 12.1 - Frimesa Cooperativa Central, a producer
and distributor of meat and dairy products in Brazil, has
upgraded to the Oracle E-Business Suite 12.1. The modern,
flexible and scalable platform has helped accelerate
Frimesa’s financial processes and improve quality control in
its manufacturing operations. This has enabled Frimesa to
improve decision making and enhance financial, sales,
logistics, production, planning and account processes. What are Business Intelligence Editors researching at the moment ... Business Intelligence Applications - Business Operations and Decision-Making, Operational BI Applications Enterprise Class
Lifecycle Management Suites Oracle Fusion
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