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Plaintiffs' Law Firms to Pay Oracle $270,000 to Settle Sanctions

Wed, 2018-05-23 12:43
Press Release
Plaintiffs' Law Firms to Pay Oracle $270,000 to Settle Sanctions

Redwood Shores, Calif.—May 23, 2018

Today, four plaintiffs’ law firms agreed to pay Oracle Corporation $270,000 to avoid Oracle’s motion for sanctions over their misconduct in a lawsuit related to Oracle’s acquisition of Micros Systems, Inc. in Case No. 13-C-14-099672, in the Circuit Court for Howard County, Maryland.

In 2014, Brower Piven, Robbins Arroyo LLC, Weisslaw LLC, and Pomerantz, LLP, along with other firms, sued Micros and its directors, claiming that Micros’s shareholders were not adequately informed about the transaction and that Oracle’s offer price was too low. The firms also sued Oracle for aiding and abetting the Micros board, despite the fact that Oracle simply engaged in arm’s-length negotiations to obtain the best price possible. The trial court dismissed all claims with prejudice against all defendants, including Oracle, and then courts at every level of the state system rejected five subsequent motions for reconsideration and appeals brought by these firms, affirming the trial judge’s finding that “with respect to Oracle, the Plaintiffs have failed to allege any acts, alleged acts, by agents or employees or Oracle that were impermissible under the law. The mere fact that Oracle pursued the merger is insufficient.” The outrageous litigation conduct drew the sanctions motion by Oracle, which the four firms identified above agreed to settle rather than defend.

“This substantial monetary settlement reflects the strength of our sanctions motion for what Oracle believes was clearly a “strike” suit brought against Oracle. For more than a decade, plaintiffs’ lawyers have brought these suits, challenging legitimate public mergers, in order to line their own pockets at the expense of shareholders. We are grateful that the Maryland courts recognized that the claims had no merit, and we urge other public companies to challenge these baseless suits. Shareholders’ attorneys cannot simply claim and collect what is effectively an unwarranted tax on mergers,” said Dorian Daley, Oracle’s General Counsel.

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

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

Trademarks

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

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Deborah Hellinger

  • +1.212.508.7935

Oracle Blockchain Cloud Service and Financial Services Enable Next-Gen Blockchain Innovators

Fri, 2018-05-18 07:00
Press Release
Oracle Blockchain Cloud Service and Financial Services Enable Next-Gen Blockchain Innovators Students Tackle Real Problems and Succeed in Blockchain Challenge

Redwood Shores, Calif.—May 18, 2018

In an effort to accelerate blockchain innovation in Financial Services and other industries, Oracle recently joined academia and banking industry leaders as part of the Carolina Fintech Hub (CFH) Generation Blockchain Challenge to encourage students to develop commercially viable and cross-industry blockchain applications.

Thirty students from North Carolina State, University North Carolina Chapel Hill, University North Carolina Charlotte and the University of South Carolina worked together with leaders from Bank of America, Wells Fargo, Ernst & Young, BB&T, Ally Bank, SIA Partners and Oracle Blockchain Cloud Service implementation partner Aurablocks to solve real-world industry challenges covering banking, higher education, energy, healthcare, and real estate. The goal of the challenge was to bring a single source of truth and trusted transactions to complex distributed business processes with the usage of blockchain. For seven weeks, 10 finalist student teams worked with industry mentors to define, test and implement proof of concepts using beta version of Oracle Blockchain Cloud Service and Oracle Digital Innovation Platform for Open Banking.

CFH is an organization focused on accelerating the merging worlds of financial services and digital technology. The CFH Challenge culminated at an event hosted in North Carolina on April 20 by AvidXchange Inc., where student teams were acknowledged by a set of esteemed judges for their innovations and entrepreneurialism. The winning team, Versity, created a decentralized student records credentials platform that allows individuals to validate, store, and share their student records with employers and educational institutions from anywhere, anytime.

“This challenge offered students an incredible opportunity to learn more about blockchain technology and to help them develop their business and technical skills with the help of their industry and academic mentors—and access to Oracle’s advanced enterprise-grade blockchain cloud platform,” said Tariq Bokhari, Executive Director of Carolina Fintech Hub. “The students not only identified problems and created real, viable solutions but through this process have learned important skills they can apply to their employment future.”

Throughout this challenge, Oracle and AuraBlocks led the training of more than 200 students in the Carolinas on blockchain with additional partners including North Carolina State University, University of North Carolina at Charlotte and Sia Blocks. Nearly all of the student teams intend to further hone their projects on Oracle’s platform and develop future companies based on their innovations. The winning student teams who participated in this program have the option to join the Oracle Startup for Higher Education program giving students access to mentorship and other resources required to further develop their entrepreneurial ideas into real enterprises.

“Oracle’s blockchain platform is built to enable rapid experimentation and provide enterprise-grade capabilities to simplify moving POCs and pilots into production,” said Sanjay Mathew, senior director, Global Financial Services Industry, Oracle. “The scope of what the teams designed and built in seven weeks with this unique collaboration is impressive, and we look forward to having the teams evolve these projects into full solutions deployed on Oracle Blockchain Cloud Service. This could not have happened without the outstanding participation from motivated students, industry leaders, partners and academia combined.”

Contact Info
Pasha Maher
Carolina Fintech Hub
804.263.7653
pasha.maher@carolinafintechhub.org
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.

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Pasha Maher

  • 804.263.7653

Judi Palmer

  • 650.506.0266

Oracle Buys DataScience.com

Wed, 2018-05-16 06:00
Press Release
Oracle Buys DataScience.com Adds Leading Data Science Platform to the Oracle Cloud, Enabling Customers to Fully Utilize Machine Learning

Redwood Shores, Calif.—May 16, 2018

Oracle today announced that it has signed an agreement to acquire DataScience.com, whose platform centralizes data science tools, projects and infrastructure in a fully-governed workspace.

Data science teams use the platform to organize work, easily access data and computing resources, and execute end-to-end model development workflows. Leading organizations like Amgen, Rio Tinto, and Sonos are using the DataScience.com platform to improve productivity, reduce operational costs and deploy machine learning solutions faster to power their digital transformations.

DataScience.com empowers data scientists to deliver the business-changing insights executives expect in less time with self-service access to open source tools, data and computing resources, while also improving the ability of IT teams to support that work. Oracle embeds Artificial Intelligence (AI) and machine learning capabilities across its software as a service (SaaS) and platform as a service (PaaS) solutions, including big data, analytics and security operations, to enable digital transformations. Together, Oracle and DataScience.com will provide customers with a single data science platform that leverages Oracle Cloud Infrastructure and the breadth of Oracle's integrated SaaS and PaaS offerings to help them realize the full potential of machine learning.

“Every organization is now exploring data science and machine learning as a key way to proactively develop competitive advantage, but the lack of comprehensive tooling and integrated machine learning capabilities can cause these projects to fall short,” said Amit Zavery, Executive Vice President of Oracle Cloud Platform, Oracle. “With the combination of Oracle and DataScience.com, customers will be able to harness a single data science platform to more effectively leverage machine learning and big data for predictive analysis and improved business results.”

“Data science requires a comprehensive platform to simplify operations and deliver value at scale,” said Ian Swanson, CEO of DataScience.com. “With DataScience.com, customers leverage a robust, easy-to-use platform that removes barriers to deploying valuable machine learning models in production. We are extremely enthusiastic about joining forces with Oracle’s leading cloud platform so customers can realize the benefits of their investments in data science.”

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

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

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

Trademarks

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

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

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

Talk to a Press Contact

Deborah Hellinger

  • +1.212.508.7935

Ken Bond

  • +1.650.607.0349

New Oracle Billing and Revenue Management Features Help Cloud, Telco Providers Monetize Emerging Services

Tue, 2018-05-15 07:00
Press Release
New Oracle Billing and Revenue Management Features Help Cloud, Telco Providers Monetize Emerging Services New capabilities empower communication service providers to deliver exceptional service to customers

TM FORUM, Nice, France—May 15, 2018

Helping customers capitalize on new digital communications services and revenue opportunities, Oracle today announced major new enhancements to Oracle Communications Billing and Revenue Management (BRM). With new operational user experience features, enhanced security capabilities and updated technology platform support, Oracle Communications BRM supports the rapid design and monetization of consumption and subscription based offerings across cloud, IoT, and future 5G services.

Oracle Communications BRM provides complete revenue management including the high volume, low latency, and convergent usage processing required by new digital communication services. With its Elastic Charging Engine technology, the offering is designed to support advanced charging models for today’s mobile, fixed and cable digital services and provide a foundation for IoT and future 5G services.

“This major release of Oracle Communications BRM underscores Oracle’s ongoing commitment to delivering powerful, scalable monetization solutions that enable our customers to fully capitalize on the digital revolution,” said Doug Suriano, senior vice president, general manager, Oracle Communications. “With this offering, service providers have a modern monetization platform to innovate, profit and grow as they evolve to support broadband technology innovations and deliver new services to market.”

Oracle Communications BRM was recently noted as a Leader in the IDC MarketScape: Worldwide Subscription Relationship Management (SRM) 2017 Vendor Assessment.

Modern Monetization for the Digital Era

In today’s competitive business environment, delivering a superior customer experience is more critical than ever. Oracle Communications Billing and Revenue Management’s Billing Care module enables CSPs to serve their customers through intuitive interfaces that provide real-time views of customer’s balance and allow easy access to all aspects of account history. CSPs and digital service providers can build customer loyalty by awarding non-currency assets such as movie downloads, gigabytes of storage or throughput, or access to games.

Real-time tracking of consumption enables notification to customers when they approach thresholds. Flexible options for invoice design and delivery create additional opportunities to personalize subscriber relationships. Oracle BRM 12.0 enhances these capabilities, empowering CSPs to leverage powerful, scalable monetization capabilities to accelerate customer success and time to market for digital services.

New capabilities include:

  • New unified functionality available in the modern, browser based Billing Care user interface:
    • Advanced customer and asset management with subscription group services
    • Corrective invoicing, credit profile management and sharing
    • SEPA Payments, account and bill unit level refunds, item and event level disputes
    • Collections management, write-off and recovery
  • Secure and documented Billing Care REST API
  • Enhanced security including use of Oracle Wallet
  • Updated core technology support

Oracle Communications BRM is part of Oracle’s complete monetization service portfolio, which also includes Oracle Monetization Cloud and Oracle Communications Network Charging and Control. With Oracle’s monetization solutions, customers can fuel disruptive innovation, brand differentiation, and business transformation with a service-, industry-, and business-model-agnostic real-time charging, billing, and settlement solution designed for an increasingly connected world.

1 IDC, “MarketScape: Worldwide Subscription Relationship Management 2017 Vendor Assessment”, Jordan Jewell and Eric Newmark, DC #US43172417, November 2017

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Kristin Reeves
Blanc & Otus
+1.925.787.6744
kreeves@blancandotus.com
About Oracle Communications

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

About Oracle

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

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

  • +1.925.787.6744

Leading Analyst Firm: Oracle Continues Strong Cloud Growth

Mon, 2018-05-14 15:09
Press Release
Leading Analyst Firm: Oracle Continues Strong Cloud Growth New IDC report finds Oracle gained the most share out of all Enterprise Applications SaaS vendors and grew the fastest out of the top 10 PaaS vendors in the last two calendar years

Redwood Shores, Calif.—May 14, 2018

Oracle today announced that IDC has recognized the momentum and growth of Oracle Cloud. According to the IDC Public Cloud Services Tracker, April, 2018¹, Oracle gained the most share out of all Enterprise Applications SaaS vendors in CY’2016 as well as CY’2017. In addition, the same report found that Oracle grew the fastest out of the top 10 PaaS vendors in CY’2016 as well as CY’2017.

“Oracle Cloud is redefining how organizations modernize, innovate and compete,” said Thomas Kurian, president, product development, Oracle. “Regardless of where organizations want to start their cloud journeys, Oracle delivers complete and integrated cloud services that deliver faster innovation and business transformation. We believe that the results from the latest IDC Public Cloud Services Tracker further demonstrate the value Oracle Cloud provides.”

IDC’s Worldwide Semiannual Public Cloud Services Tracker® monitors public cloud services with frequent releases of semiannual revenue estimates. It tracks and details individual public cloud services providers’ historical business performance and forecasts market sizes five years into the future—across 53 geographies and up to 80 discrete market segments. In the report, Enterprise Applications SaaS refers to the IDC markets CRM, Enterprise Resource Management (including HCM, Financials, Procurement, Order Management, PPM, EAM), Engineering, SCM, Operations and Manufacturing Applications.

Oracle provides its customers with a unique advantage as it is the only company in the world to deliver a complete cloud portfolio, spanning Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS). Today, organizations in 195 countries and territories process more than 55 billion transactions a day through the Oracle Cloud.

To learn more about how organizations around the globe are rapidly adopting Oracle Cloud solutions, see: Organizations Worldwide Turn to Oracle Cloud to Fuel their Modernization Efforts

1 IDC’s Worldwide Semiannual Public Cloud Services Tracker®, 27 April, 2018 [Enterprise Applications SaaS refers to the IDC markets CRM, Enterprise Resource Management (including HCM, Financials, Procurement, Order Management, PPM, EAM), Engineering, SCM, Operations and Manufacturing Applications.]

Contact Info
Simon Jones
Oracle
+1.415.202.4574
s.jones@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

Simon Jones

  • +1.415.202.4574

Heineken Urban Polo Uses Oracle Cloud to Inject AI into the Sport of Kings

Mon, 2018-05-14 07:00
Press Release
Heineken Urban Polo Uses Oracle Cloud to Inject AI into the Sport of Kings Intelligent bot provides polo-and-music fans a modern digital experience

Redwood Shores, Calif.—May 14, 2018

Oracle today announced that Heineken Urban Polo is using Oracle Cloud Platform, including artificial intelligence (AI) and AI-powered intelligent bots, to create a unique and customized customer experience at its premier polo events throughout New Zealand.

Working with Oracle, Heineken Urban Polo has helped revolutionize the “Sport of Kings” through a digital concierge on today’s most popular social platforms, whilst including all the flagship event’s key information. Using a conversational bot accessed via Facebook Messenger, users are able to quickly and easily find directions, on-site activity times (parades, DJ sessions, bar locations, etc.), match times, polo rules, player details and more.

Oracle Intelligent Bots uses deep learning-based natural language understanding (NLU) to comprehend and determine intent of end-user conversations. It can then help companies, such as Heineken Urban Polo, process these conversations, integrate each with existing business application data, and automatically respond within context. It also allows Heineken Urban Polo to directly contact customers and followers with important information in a personal and non-invasive manner.

“Oracle Cloud has significantly enhanced the customer experience through more personalized communication,” said Simon Wilson, director, Heineken Urban Polo. “Attendees can get all the information they want, when they want, through the messaging tools they’re already using.  The digital concierge has been very well received and we are looking to continue testing as we expand the event series later this year.”

Heineken Urban Polo showcases a fusion of sport and music in the heart of New Zealand. The match is played on a significantly smaller playing field, bringing the game as close to spectators as possible, while also featuring not-to-be-missed musicians, including Kilter and Miami Horror. Heineken Urban Polo is a four game series played in various locations including Auckland, Christchurch, Hamilton and Wellington.

“Events have truly become a digital experience through mobile ticket sales, mobile entrance, photos, videos and social sharing,” said Duncan Richards, Digital Specialist, Oracle Australia and New Zealand. “By engaging with customers on platforms they already use and leveraging emerging technologies, mobile devices can now become intimate, personal experiences. We are excited to work with organizations like Heineken Urban Polo who are focused on creating the ultimate fan experience.”

The solution was implemented in four weeks in conjunction with Oracle gold-level OPN partners, Friday Solutions and Eyemagnet.

Contact Info
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
Kristin Reeves
Blanc and Otus
+1.925.787.6744
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.

Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Kristin Reeves

  • +1.925.787.6744

Corporación GPF Optimizes Inventory Performance Across Health, Wellness and Convenience Store Business with Oracle Retail

Mon, 2018-05-14 07:00
Press Release
Corporación GPF Optimizes Inventory Performance Across Health, Wellness and Convenience Store Business with Oracle Retail Ecuadorian Pharmacy and Convenience Store Giant Increases Operational Efficiencies and Store Productivity With New Inventory Insights

Redwood Shores, Calif.—May 14, 2018

Today, Oracle announced that one of Ecuador's largest retailers, Corporación GPF has implemented Oracle Retail Merchandising and Oracle Retail Warehouse Management as part of a continued strategy to deliver innovative health and wellness solutions to consumers. Corporación GPF has expanded rapidly in recent years and recognized the need to replace its existing merchandising management, logistics and point-of-sale systems to position for continued growth across more than 600 pharmacies and convenience stores nationwide, three owned brands and $500 million in annual revenue. GPF turned to Oracle with the goal of unifying business processes and democratizing access to data insights across their business to empower teams to make proactive business decisions and enhance the customer experience.

After analyzing various market solutions, GPF's leadership chose Oracle as the focal point of a transformational project after recognizing the ability of Oracle Retail solutions to adhere to business needs, integrate with existing systems and continued evaluation of best business processes. Retail Consult, an Oracle Platinum level partner, drove the implementation of Oracle Retail bringing their industry expertise and demonstrated success in optimizing Oracle technology and best practices.

"Transformational products requires company engagement and the right partner for the success of the implementation," says Fernando Jacome, Technology and Process Director of GPF Corporation. "We have achieved success by creating multifunctional teams. Leaders must engage users from the beginning, allow enough time for testing, employ project governance, and rely on efficient risk management processes. With a clear mission established by the Executive Board, we created a culture of engaged and dedicated employees.”

“We are proud to empower the operational transformation of Corporacion GPF,” said Carlos Victoria, Vice President Latin America, Oracle Retail. “With a full suite of Oracle Retail solutions, GPF now has increased visibility into out of stock inventory across stores and distribution channels and can more accurately plan and anticipate fulfillment needs.”

"We are pleased to contribute with the ability to accelerate the growth of Corporación GPF through the implementation of Oracle Retail solutions, bringing well-structured processes and system integration," said Silvia Gomes, partner, Retail Consult.

Corporación GPF adopted a phased implementation starting with Oracle Retail Merchandising System and Oracle Retail Warehouse Management solutions and a second phase including Oracle Retail Xstore and Oracle Retail Store Inventory Management. The project was supported by a diverse team with expertise in implementation, risk management, business process review and integration with legacy systems. With the completion of this project, GPF expects to optimize their core business processes and ensured data consistency across their enterprise. In addition, achieve comprehensive visibility into out of stock inventory in stores and distribution centers, analysis of daily inventory deliveries to stores, perspective on automatic orders and the ability to synchronize inventory and logistics to the point of purchase.

GPF’s successful implementation was built upon a foundation of C-level sponsorship from the Board of Directors and CEO, down through the key business managers and IT, operational and tactical levels; a clear mindset on the importance of technology to support sustainable and continuous growth and a visionary perspective of the transformational needs and investments in people and technology necessary to maintain leadership in a highly competitive environment.

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 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.

About Corporacion GPF

Ecuadorian pharmacy and convenience store group founded in 1930 under the principles of “Integrity and Trust”. Its Business Units Fybeca, SanaSana, Okidoki, Provefarma and Abefarm are houlsehold names known nationwide for their customer excellence, high quality portfolio and innovative  approach.  Contribute to local society wellbeing and quality life is GPF´s Mission.  www.corporaciongpf.com

About Retail Consult

Retail Consult is a highly specialized group that has a big focus on technology solutions for retail, offering clients global perspective and experience with operations in Europe, North, South and Central America. The most senior resources average 15 years of retail experience, and the multilingual team integrates retail-specific skills in strategy, technology architecture, business process, change management, support, and management.

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Matt Torres

  • 415-595-1584

JTB Corporation Adopts Oracle Cloud for Its International Travel Processing System Infrastructure

Mon, 2018-05-14 07:00
Press Release
JTB Corporation Adopts Oracle Cloud for Its International Travel Processing System Infrastructure Oracle Cloud at Customer enables public cloud services to be deployed in a customer’s data center, delivering lower TCO, flexible IT resource allocation and security enhancements

Redwood Shores, Calif.—May 14, 2018

Oracle today announced that JTB Corporation, a leading tourism company in Japan, has adopted Oracle Cloud at Customer for in-house data use to support its international travel processing system infrastructure as part of its IT strategy towards 2020.

Since its founding in 1912 as the Japan Tourist Bureau, JTB has evolved with customers for over 100 years, serving as an agency to sell tickets and issue coupons for inbound tourists, planning and running tours in Japan. The JTB sells international and domestic travel packages for Japanese tourists, offering services for organizations including school excursions, corporate trips and MICE (meetings, incentives, convention and conference, exhibition and events), and continues to expand its global network. To leap forward, JTB established a new business domain called Multicultural Exchange Creation Business in April 2018, which offers solutions unique to JTB (products, services, information and systems) to create a panorama of multicultural exchanges on a global stage to inspire and evoke empathy. In its group management vision, JTB seeks to generate value that exceeds its customers’ expectations and ensure success by integrating a human touch in a digital world. With an IT strategy in line with its business strategy, and by maximizing existing systems, JTB works to focus investments on growth fields and actively utilizes digital technologies.

As part of its IT strategy, JTB wanted to upgrade its system infrastructure in a way that it could support the business strategy more flexibly and improve performance as part of utilizing existing systems. Previously, the company built infrastructure on premises or deployed in the private cloud for each system. In upgrading hardware components of the infrastructure, it had faced increased initial cost for building each element separately and needed to reduce costs by consolidating infrastructure operations. JTB also needed to improve efficiency by consolidating separately-built infrastructures because they were vulnerable to seasonality due to the nature of the system for selling travel products. It was also indispensable to meet security requirements of each system.

To solve these challenges, JTB selected Oracle Cloud at Customer (IaaS), allowing use of Oracle Cloud services at its own data center, and Oracle Exadata Cloud at Customer as a database infrastructure. The following are the main benefits JTB chose to adopt Oracle Cloud at Customer:

  • Reduction of total cost of ownership (TCO): Reducing initial investment, management and maintenance costs with flat-rate pricing like public cloud; and comprehensive management operation services offered by Oracle

  • High performance and flexibility with the ability to allocate IT resources for Oracle Cloud at Customer (IaaS) and Oracle Exadata Cloud at Customer to support peak data traffic, and surge in transactions while benefitting from the proven performance of Oracle Exadata in cloud environment

  • Support for security requirements to ensure cloud flexibility while avoiding the need to take sensitive data outside the in-house data center

This system will be implemented, transferred and operated by NS Solutions Corporation, an Oracle Cloud Managed Service Provider. Oracle Cloud Managed Service Provider is one of Oracle’s cloud partner programs that specifically certifies providers that have the skills, tools and processes required to build, implement, execute and manage Oracle and third party systems in Oracle Cloud Platform. NS Solutions is a one-stop service provider of Oracle Cloud implementation assessment, system transfer consultation, database migration service and operation/management service that supports customers from the stage of considering cloud migration through building and operating a system.

“Travel agency systems tend to be susceptible to high workloads in certain seasons and during events. It is essential to consolidate various systems and even out the entire processing to reduce costs. However, high system workloads do not always happen as we expect,” said Kenichi Yajima, Senior Manager, Corporate Strategy, JTB. “Flexibly scalable infrastructure is indispensable. We cannot compromise on security requirements such as handling of sensitive data. Oracle Cloud at Customer (IaaS) has enabled us to strengthen security and performance while using the cloud service at a flat rate, regardless of seasonal fluctuations to run a system in a cost-efficient manner. We look forward to Oracle’s cloud technologies’ excellent performance and security in addition to its track record of use with databases.”

Contact Info
Dan Muñoz
Oracle
+1.650.506.2904
dan.munoz@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), 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

Dan Muñoz

  • +1.650.506.2904

Oracle Enables Smart Manufacturing with New Artificial Intelligence Cloud Applications

Mon, 2018-05-14 07:00
Press Release
Oracle Enables Smart Manufacturing with New Artificial Intelligence Cloud Applications Intelligent applications help improve overall business performance in manufacturing by driving smarter decisions, increasing yields and enhancing production efficiency

Redwood Shores, Calif.—May 14, 2018

Oracle today announced new artificial intelligence (AI) cloud applications that enable manufacturing organizations to reduce costs and increase yields by providing rapid analysis and actionable insights that can improve production efficiency and performance. The new Oracle Adaptive Intelligent Applications for Manufacturing leverage machine learning and AI to process vast amounts of data from production environments and rapidly identify issues, enabling improved operational efficiency.

Oracle Adaptive Intelligent Applications for Manufacturing enables manufacturers to spot anomalies during production, pinpoint the root cause of issues, and predict events before they occur. The applications enable manufacturers to look into every stage of the production process, foresee faulty processes and elements, and trace the impact of issues from production through to customer delivery.

Built on the robust and scalable Oracle Cloud Platform with embedded machine learning capabilities, this solution includes a manufacturing-aware data lake that brings together and analyzes structured, semi-structured, and unstructured data from multiple data sources on the shop floor.

Oracle Adaptive Intelligent Applications for Manufacturing include:

  • Pattern and correlation analysis: Discover key patterns and correlations between a complex set of multi-variate influencing factors across manpower, machine, method, material, and management related information. Users can then align these insights with manufacturing business metrics such as yield, quality, cycle time, cost, scrap, rework, and returns to help quickly identify root causes.
  • Genealogy and traceability analysis: Using highly intuitive user interfaces and a self-driven ad-hoc analysis paradigm, the solution sets the foundation for “smart recall” analysis by providing comprehensive capabilities for backward and forward tracing of products and processes to quickly identify impacted products, services, and customers.
  • Predictive analysis: Leveraging the foundation of patterns and correlations analysis driven by machine learning and AI algorithms, this solution predicts the likelihood of occurrence of critical outcomes such as yield, defects, scrap, rework, cycle time and costs for ongoing production activities. This provides business users with the lead-time needed to intervene in a timely fashion to minimize losses.
 

Oracle Adaptive Intelligent Applications for Manufacturing are designed to work in a complex and heterogeneous mix of IT systems such as Manufacturing Execution Systems (MES), Quality Management, Enterprise Resource Planning (ERP), Human Capital Management (HCM), Customer Relationship Management (CRM) and Operational Technology (OT) systems that include sensor and log data from equipment and machines as well as external environmental data such as humidity, temperature etc.

“Traditionally, pattern and correlation analysis and predictive analysis are done by a small group of specialist data scientists,” said Ramchand Raman, Vice President, Oracle Product Development. “Oracle Adaptive Intelligent Applications for Manufacturing dramatically simplify the output of complex machine learning and AI algorithms and present these insights to average business users to drive better, faster decision making.”

Contact Info
Bill Rundle
Oracle PR
+1.650.506.1891
bill.rundle@oracle.com
About Oracle

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

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Bill Rundle

  • +1.650.506.1891

Sichuan Kelun Pharmaceutical Automates Oncology Clinical Trial Set Up and Management with Clinical One Randomization and Supplies Management Cloud Service

Sun, 2018-05-13 14:43
Press Release
Sichuan Kelun Pharmaceutical Automates Oncology Clinical Trial Set Up and Management with Clinical One Randomization and Supplies Management Cloud Service

Sichuan, China—May 13, 2018

Oracle Health Sciences today announced that Sichuan Kelun Pharmaceutical Research Institute Co., Ltd (“Kelun”) has implemented Oracle Health Sciences Clinical One Randomization and Supplies Management Cloud Service to fully automate the set up and management of its multi-site, double blind colorectal cancer study.

The China Food and Drug Administration (CFDA) has been driving reforms to improve the quality of drugs and to encourage innovation in the development of new drugs and medical devices. Kelun Pharmaceutical has been successfully conducting generics drug research since 1996 but recently launched its first, new oncology drug study. As with any new clinical trial, there is tremendous time and resources required to set up a new study including trial design and validation which can take weeks to months. ORS enables coordinators to quickly add patients to a trial, collect screening information and ensure eligibility for randomization in record time. In an effort to set up their own trial and eliminate manual, repetitive data entry, Kelun implemented Clinical One Randomization and Supplies Management Cloud Service.  

“We needed an established, standards-based cloud system to simplify the drug supply management process, and we have already determined we made a great choice by selecting Oracle’s Clinical One Randomization and Supplies Management. Within 29 days, we were fully implemented and are now in phase III of our oncology trial,” said Xiaoping Zhang, VP of Biostatistics and Data Management, Clinical Research Hub.

With Clinical One Randomization and Supplies Management, Kelun has been able to manage its trial supply and randomization more effectively and efficiently and has enabled its CRO partner and service providers, including its supply shipping specialist vendor, to automate their processes by leveraging Oracle Health Science’s cloud-based system. In addition to simplifying the drug supply management process, ORS has provided Kelun with role-based analytics to track and manage supply status in real time.

“Our eClinical platform, Clinical One and randomization and supplies management capability was designed for pharmaceutical and biopharma companies of all sizes, across all treatment areas and for all phases of research and development. We are excited to see Kelun leveraging technology to speed the setup and management of their trial and are hopeful that this oncology therapy will make it to market,” said Steve Rosenberg, general manager and senior vice president, Oracle Health Sciences.

Contact Info
Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com
Meghan Roman
Blanc and Otus
+1 415 260 1857
meghan.roman@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.

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Valerie Beaudett

  • +1 650.400.7833

Meghan Roman

  • +1 415 260 1857

Oracle Names Charles W. Moorman IV and William G. Parrett to the Board of Directors

Fri, 2018-05-11 15:30
Press Release
Oracle Names Charles W. Moorman IV and William G. Parrett to the Board of Directors

Redwood Shores, Calif.—May 11, 2018

The Oracle Board of Directors today announced that it has unanimously elected Charles (Wick) Moorman IV and William G. Parrett to the company’s Board of Directors. The election is effective as of May 9, 2018 and increases the size of the Board to 14 directors.

“We are very pleased to have two exceptional leaders join our Board,” said Larry Ellison, Chairman of the Board of Directors and Chief Technology Officer. Bruce Chizen, Chair of the Nomination and Governance Committee, added, “Wick brings significant technology, risk management and regulatory experience to our Board, while Bill brings valuable auditing and financial expertise. Both Wick and Bill are accomplished executives with extensive experience leading large, complex organizations. We are excited to add two additional independent directors to the Board and we look forward to working with both Wick and Bill.”

Mr. Moorman, 66, is a Senior Advisor to Amtrak. He previously served as President and CEO of Amtrak from August 2016 until January 2018. He was previously Chairman from February 2006, and CEO from November 2005, of Norfolk Southern Corporation until 2015. Prior to 2005, he held various positions in operations, information technology and human resources at Norfolk Southern Corporation after joining in 1975. Mr. Moorman serves as a director of Chevron Corporation and Duke Energy Corporation, and previously served as a director of Norfolk Southern Corporation.

Mr. Parrett, 72, served as the Chief Executive Officer of Deloitte Touche Tohmatsu from 2003 until May 2007. Mr. Parrett joined Deloitte in 1967 and served in a series of roles of increasing responsibility until his retirement in 2007. Mr. Parrett serves as a director of The Blackstone Group L.P., Eastman Kodak Company, Conduent Incorporated and Thermo Fisher Scientific Inc. (through May 23, 2018), and previously served as a director of UBS AG and iGATE Corporation. Mr. Parrett is a Certified Public Accountant with an active license.

All members of Oracle’s Board of Directors serve one-year terms and are expected to stand for election at the company’s next annual meeting of stockholders in November 2018.

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

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

Trademarks

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

Safe Harbor

Statements in this press release relating to Oracle’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (“SEC”) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC, by contacting Oracle Corporation’s Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of May 11, 2018. Oracle undertakes no duty to update any statement in light of new information or future events.

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Deborah Hellinger

  • 1.212.508.7935

Ken Bond

  • 1.650.607.0349

Oracle Construction and Engineering Enables Earned Value Management to Improve Project Delivery

Thu, 2018-05-10 07:00
Press Release
Oracle Construction and Engineering Enables Earned Value Management to Improve Project Delivery Enhancements to Oracle’s Primavera Unifier deliver new levels of visibility into project progress and performance

Redwood Shores, Calif.—May 10, 2018

Oracle Construction and Engineering today announced enhancements to Oracle’s Primavera Unifier that enable users to perform earned value management (EVM) to better analyze the progress and performance of projects.

Earned value, a critical dimension of the execution of large and complex projects, provides an integrated view of progress that encompasses cost, scope, and schedule, enabling deeper project analysis and more intelligent decision-making. The EVM methodology entails comparing the amount and cost of what was planned to be completed against what work has actually been completed, and how much that work has cost. Such a comparison enables greater precision in forecasting the final cost of the project and whether it will be completed on, behind, or ahead of schedule.

With evolving government standards and securities laws increasing pressure to adopt stringent cost and earned-value standards, many organizations today recognize the need to incorporate comprehensive cost management and earned-value analysis capabilities into their project portfolio management systems.

The new Primavera Unifier EVM capability allows users to leverage data from Primavera P6 Enterprise Project Portfolio Management to:

  • Import multiple projects from Primavera P6 EPPM into a single Primavera Unifier project activity sheet, creating a consolidated view of the costs and earned value. The new EVM capability in Primavera Unifier incorporates resource spreads and progress information from the Primavera P6 EPPM schedule data.
  • Create rate sheets by resource and role with escalating rates. Rate sheets can also be created at a company or project level and be assigned to a mirror of the Primavera P6 EPPM projects within Primavera Unifier through the activity sheets. This allows different rates to be assigned to each P6 project and even to the P6 project baselines.
  • Pull data from the activity sheet into the EVM module, which will display industry standard graphics in addition to various critical project metrics, including historical trending.
 

“Earned value management is an increasingly important project delivery process that enables organizations to understand key dimensions of project progress and performance. The data that the new EVM capability in Oracle’s Primavera Unifier yields will enable project delivery professionals to improve outcomes through better visibility and smarter decision making,” said Andy Verone, Vice President of Strategy for Oracle Construction and Engineering.

For more information about these new enhancements to Oracle’s Primavera Unifier, register to attend a webinar on EVM and Oracle.

Contact Info
Judi Palmer
Oracle
+1 650 506 0266
judi.palmer@oracle.com
Kristin Reeves
Blanc and Otus
+1 925 787 6744
Kristin.reeves@blancandotus.com
About Oracle Construction and Engineering

Oracle Construction and Engineering helps companies reimagine their businesses. With best-in-class project management solutions, organizations can proactively manage projects, gain complete visibility, improve collaboration, and manage change. Our cloud-based solutions for global project planning and execution can help improve strategy execution, operations, and financial performance. For more information, please visit www.oracle.com/construction-and-engineering.

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

  • +1 650 506 0266

Kristin Reeves

  • +1 925 787 6744

Helzberg Diamonds Empowers Associates to Create Meaningful Customer Experiences with Oracle Retail

Wed, 2018-05-09 07:00
Press Release
Helzberg Diamonds Empowers Associates to Create Meaningful Customer Experiences with Oracle Retail Holistic Infrastructure Upgrade Provides Store Associates with New Tools and Insights

Redwood Shores, Calif.—May 9, 2018

Today Oracle announced that Helzberg Diamonds, a member of the Berkshire Hathaway group of companies, has completed a significant upgrade to its Oracle Retail Xstore Point-of-Service solution while implementing Oracle Retail Order Broker and Oracle Retail Customer Engagement with the support of BTM Global. The upgrade has modernized Helzberg’s infrastructure and allows them to shift their focus to strategies that better support store operations and deeper customer interactions. The latest version of Oracle Retail Xstore Point-of-Service boasts an improved integration to Oracle Retail Order Broker and Oracle Retail Customer Engagement which together support revenue growth across more than 200 Helzberg stores throughout the United States.

“The Oracle solutions enable our store associates to consult with shoppers throughout the store. The vision is to make it easier to complete transactions and allow customers to interact with us on their terms,” said Jeff Rohr, Chief Information Officer, Helzberg Diamonds. “The Oracle Retail Xstore Point-of-Service interface is intuitive for store associates helping to provide a seamless sales experience for customers, which is a priority for us.”

Helzberg chose BTM Global, a Gold-level member of the Oracle Partner Network and premier provider of retail system integration and development services. BTM Global provides transition, life-cycle support, and payment integration and upgrade services. Additionally, Helzberg continues to integrate Oracle Retail technology with third party solutions to enhance a unified shopping experience across their brand.

“Oracle Retail Xstore serves as an Omnichannel platform that empowers retailers, like Helzberg, to grow with a better understanding of the customers they serve with a key eye toward inventory visibility,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “Oracle values the long-standing partnership between Helzberg and MICROS. We look forward to building upon that relationship to continue to deliver innovation.”

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

Helzberg DiamondsÒ, a retail and online jewelry store focused on customer service, was founded in 1915 and has more than 200 stores nationwide, featuring a wide selection of fine jewelry, including diamond engagement rings and wedding rings, precious gems and watches. Helzberg Diamonds takes pride in its history of offering exceptional value, exclusive designs and timeless jewelry. Helzberg Diamonds is based in North Kansas City, Mo., and is a subsidiary of Berkshire Hathaway Inc. (NYSE symbols BRK/A and BRK/B). For the locations nearest you, call 1-800-HELZBERG (800-435-9237) or visit helzberg.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 oracle.com.

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Matt Torres

  • 4155951584

Oracle’s Moat Selected by LinkedIn as Video Viewability Partner

Wed, 2018-05-09 06:00
Press Release
Oracle’s Moat Selected by LinkedIn as Video Viewability Partner Moat to Offer Video Viewability and Attention Measurement Across the Major US Digital Platforms

Redwood Shores, Calif.—May 9, 2018

Oracle’s Moat, a SaaS analytics measurement provider for marketers and publishers that is part of the Oracle Data Cloud, today announced it has been selected to measure viewability and attention signals on the LinkedIn platform. The collaboration will focus on LinkedIn’s video for Sponsored Content. With the integration, Moat will be the first provider to offer video viewability and attention measurement across the major US digital platforms.

“Moat measurement on LinkedIn marks a significant moment for marketers, who will have independent viewability and attention measurement in one place, on Moat, across all major US digital platforms,” said Jonah Goodhart, SVP of Oracle Data Cloud and Co-Founder of Moat. “We are proud to collaborate with LinkedIn as we share a positive vision of the future of digital marketing.”

“In today’s video advertising landscape, marketers require independent viewability insights to truly understand how their campaigns perform,” said Tomer Cohen, VP of Product, LinkedIn Marketing Solutions. “Our work with Moat will enable marketers on LinkedIn to leverage Moat’s industry-leading digital measurement platform, so they can make more informed advertising decisions.”

The collaboration will equip marketers with a deeper understanding of their campaign performance and results garnered from LinkedIn video inventory—and intends to make these services available to customers later this year. This reinforces Moat’s vision of providing widespread trusted and independent measurement in order to empower brands to make smarter media and creative decisions.

Contact Info
Simon Jones
Oracle
650.506.0325
s.jones@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), 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.

Talk to a Press Contact

Simon Jones

  • 650.506.0325

Oracle Marketing Cloud Transforms Sales Process with Powerful New Data Integrations

Tue, 2018-05-08 07:00
Press Release
Oracle Marketing Cloud Transforms Sales Process with Powerful New Data Integrations New Oracle Eloqua integrations with 6sense, Demandbase, LookBookHQ and Mintigo streamline and optimize sales process

REDWOOD SHORES, Calif.—May 8, 2018

Helping sales teams engage customers and accelerate and close more deals, Oracle today announced new product integrations with the Oracle Marketing Cloud. The new integrations between Oracle Eloqua and 6sense, Demandbase, LookBookHQ and Mintigo deliver powerful data-driven insights that empower sales teams to identify high-potential buyers, drive engagement and close deals faster.

A new integration between Oracle Eloqua and 6sense helps sales teams increase pipeline conversion. The product integration enables Oracle Eloqua customers to leverage AI-powered in-market predictions from the 6sense Demand Orchestration Platform and achieve a unified view of account activity that includes the prospect’s anonymous website intent, competitor research and other relevant need-based intent.

“Understanding as much as possible of an account’s behavior provides a competitive edge to sales organizations to convert pipeline to revenue,” said Amar Doshi, VP of Product, 6sense. “Many of our customers that use Oracle’s Eloqua Profiler and rely on 6sense AI have asked for an integrated experience to support their account-based marketing and sales efforts. We’re excited to be a part of this customer-driven initiative for B2B companies.”

A new integration between Oracle Eloqua and Demandbase helps sales teams quickly and easily access the insights needed to accelerate and close deals. The new product integration improves the sales process by delivering AI-enabled intent data and insights from Demandbase’s Conversion Solution within Oracle Eloqua so that sales teams can contact the right accounts with the right messages at the right time to move deals forward.  

“Marketers need to work hand-in-hand with sales teams across the entire buying cycle,” said Dom Lindars, VP of product, Demandbase. “We’re excited to be part of the launch for Oracle’s Sales Tools Extensions with our Conversion Solution, which will allow sales teams to truly understand the behavior and needs of their target accounts and increase their close rates.”

A new integration between Oracle Eloqua and LookBookHQ gives sales teams rich, actionable insight into buyer education, based on how leads and accounts are engaging with content. The new product integration provides a full summary of content engagement "after the click" (assets viewed in session, time spent, account rollup) within a contact’s profile in Oracle Eloqua and allows for the exploration of other contacts at the same account.

“LookBookHQ's ability to show the depth and quality of leads' engagement, coupled with the ability to see total engagement at account level over time, equips sales with a powerful extension to Oracle Eloqua Profiler,” says Stephen Streich, VP of product and engineering, LookBookHQ. “And this in turn provides better alignment between sales and marketing teams on buyer readiness and content performance.”

A new integration between Oracle Eloqua Profiler and Mintigo enables sales teams to learn, discover and engage their prospective buyers in personalized ways at scale. The new product seamlessly integrates Mintigo’s AI powered prospecting application, Sales Coach 360, with Oracle Eloqua Sales Tools.

“Prospecting is hard and the current CRM solutions do very little to enable sellers to engage their prospective buyers intelligently,” said Atul Kumar, chief product officer, Mintigo. “Understanding who is in-market to buy, why, when and how you should engage them is critical in achieving positive outcomes. This is what Oracle Eloqua Profiler and Mintigo’s Sales Coach 360 delivers to sales.”

Oracle Marketing Cloud is part of Oracle Customer Experience (CX) Cloud Suite, which empowers organizations to take a smarter approach to customer experience management and business transformation initiatives. By providing a trusted business platform that connects data, experiences and outcomes, Oracle CX Cloud Suite helps customers reduce IT complexity, deliver innovative customer experiences and achieve predictable and tangible business results.

For additional information about Oracle CX, follow @OracleCX on Twitter, LinkedIn and Facebook or visit SmarterCX.com.

Contact Info
Kimberly Guillon
Oracle
209.601.9152
kim.guillon@oracle.com
About Oracle

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

Trademarks

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

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Kimberly Guillon

  • 209.601.9152

Oracle Raises the Bar with New Free Platinum-Level Support Services for Fusion Cloud Applications

Mon, 2018-05-07 07:10
Press Release
Oracle Raises the Bar with New Free Platinum-Level Support Services for Fusion Cloud Applications

REDWOOD SHORES, Calif.—May 7, 2018

Oracle (NYSE: ORCL) CEO, Mark Hurd today unveiled new customer support offerings designed to help customers get more value from Oracle Fusion SaaS applications including Fusion ERP, EPM, HCM, Supply Chain, Manufacturing, Sales and Service. Hurd described Oracle’s new SaaS Support Services as a new standard in the SaaS industry, designed to ensure customer success.

“As the software industry moves to the cloud, our application support offerings need to become more agile and responsive,” said Hurd. “We need to provide our SaaS customers with everything they need for rapid low-cost implementations and a successful rollout to their users.  In response to those needs, we are announcing that our highest level service, Oracle Platinum-Level Support, will now be provided to all of our Fusion Oracle SaaS customers at no extra cost. In addition, we are also announcing a new set of Custom Support Services that can be flexibly tailored to the particular requirements of any individual customer.”

Oracle SaaS applications customers will be able to take advantage of the new SaaS Support Services at no extra cost. The comprehensive base-support package features 24/7 rapid response technical support, proactive technical monitoring, success planning and adoption guidance, and a new digital experience platform for on-demand education resources.

Oracle has also launched a set of Advanced Services, which enable SaaS customers to gain a deeper level of support and customized services based on their specific business requirements. These tailored offerings can be added as and where needed, enabling the customer to choose which services they buy instead of being charged for bundled services they may not want or need.

“We have a good relationship with Oracle and get a lot of value out of Oracle SaaS solutions,” said Robert Sukharev,” IT manager for the Digital Product Team at AIG. “We have more than 100 users of Oracle tools and having a single location for relevant information and free education resources will allow us to use these tools in a more effective, productive and successful way.”

Large SaaS vendors currently upsell customers on premium support, charging for faster response times, dedicated support and rarely utilized services within premium support packages. In contrast, Oracle SaaS Support Services will be offered free of charge to Oracle SaaS customers including cloud Enterprise Resource Planning, Supply Chain, Human Capital Management, Marketing, Sales, Service and Commerce customers.

“The rapid adoption of SaaS has accelerated the evolution of support services away from technical support to support for the business,” said Elaina Stergiades, research manager at IDC.  “Most SaaS providers include only basic remedial support as part of the subscription, and additional support can add significant cost. Offerings like Platinum-Level Support from Oracle for SaaS, provided at no additional cost, can help ensure customer success in the cloud with expanded access to support for severity 1 issues, personalized training and adoption guidance for specific functional areas.”

“We have a shared interest in our customers’ success so we’re going above and beyond to ensure our customers have everything they need to succeed,” said Catherine Blackmore, group vice president of North America Customer Success at Oracle. “Oracle SaaS Support Services raise the bar for the SaaS industry and further reduce friction for companies moving to the cloud.”

Oracle SaaS Support Services will include:

  • 24/7 technical support: To help customers resolve issues faster, without adding to costs, the new SaaS Support Services will enable all customers to receive a technical support response typically in less than 15 minutes for severity one issues.
  • Dedicated implementation support: Customers will receive a dedicated, named engineer to provide guidance and hands-on support through the implementation process.
  • Proactive technical monitoring: Oracle’s technical team will take advantage of the latest machine learning technology to diagnose and resolve technical problems without the customer having to file a service request. In fact, the customer may not even realize there was a problem.
  • Success planning support: Oracle will work with customers on a technical and business execution strategy to help ensure the successful deployment and end-user adoption of Oracle SaaS applications.
  • Business process monitoring and guidance: Oracle will leverage data and process efficiency insights to save the customer time and money by analyzing customer use cases and providing recommendations for business process improvements.
  • Education on-demand: Oracle is investing in free education courses and the creation of a new on-demand knowledge center, which is expected to feature more than 2,000 new training guides, as well as guided learning starter packs to walk users through how to execute processes in the application. Customers can also attend QuickStart events on the cloud service of their choice.
  • Customer Success Portal: To help customers expertly adopt SaaS and achieve their business objectives, Oracle SaaS Support Services will include a new digital platform where customers can: find Oracle resources such as education, training, technical support and consulting; interact with relevant expert content to help achieve specific business goals; and design personalized training and education paths.

Oracle Advanced Services will include:

  • Additional tailored services: Extended services designed to provide customized dedicated support through the entire SaaS lifecycle.
  • Certified resources: Oracle certified-to-know experts have deep expertise, product and domain knowledge and extensive experience driving change so customers get the right knowledge and experience to drive business outcomes.
Contact Info
Jessica Moore
Oracle
650.506.3297
Jessica.moore@oracle.com
Evelyn Tam
Oracle
650.506.5936
evelyn.tam@oracle.com
Additional Information

For additional information on Oracle SaaS Support Services, visit 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 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

Jessica Moore

  • 650.506.3297

Evelyn Tam

  • 650.506.5936

Oracle Delivers Next Set of Autonomous Cloud Platform Services

Mon, 2018-05-07 07:05
Press Release
Oracle Delivers Next Set of Autonomous Cloud Platform Services Expands scope of autonomous capabilities with built-in AI and machine learning in its application development, integration, and analytics services

Redwood Shores, Calif.—May 7, 2018

As part of its pledge to extend autonomous capabilities across its entire Cloud Platform, Oracle today announced the availability of Oracle Autonomous Analytics Cloud, Oracle Autonomous Integration Cloud, and Oracle Autonomous Visual Builder Cloud. With built-in advanced artificial intelligence (AI) and machine learning algorithms, these groundbreaking new PaaS services automate and eliminate key tasks to enable organizations to lower cost, reduce risk, accelerate innovation, and get predictive insights.

Earlier this year, Oracle made available the world’s first Autonomous Database for data warehouse workloads. The company is committed to adding self-driving, self-securing, and self-repairing capabilities to all of its PaaS services coupled with specific autonomous capabilities for each functional area. In addition to today’s news, Oracle plans to release more autonomous services later in calendar year 2018 focused on mobile and chatbots, data integration, Blockchain, security and management, and additional database workloads, including OLTP.

“Embedding AI and machine learning in these cloud services will help organizations innovate in revolutionary new ways,” said Amit Zavery, executive vice president of development, Oracle Cloud Platform. “These new cloud services are the latest in a series of steps from Oracle to incorporate industry-first autonomous capabilities that will enable customers to significantly reduce operational costs, increase productivity, and decrease risk.”

As organizations focus on delivering innovation fast, they want a secure set of comprehensive, integrated cloud services to build new applications and run their most demanding enterprise workloads. Only Oracle’s cloud services can automate key operational functions like tuning, patching, backups and upgrades while running to deliver maximum performance, high availability, and in demand security features.

Brake Parts Speeds Ahead with Oracle Autonomous Integration Cloud

Brake Parts, a global company that supplies the world’s top brake brands for cars, vans, SUVs, light trucks and heavy duty vehicles, has partnered with Oracle to build an intelligent sales operation. By automating its end-to-end customer change, RFQ, and new product introduction processes, Brake Parts was able to eliminate manual steps and increase customer responsiveness.

“Using Oracle Autonomous Integration Cloud with Oracle Sales Cloud, we were able to modernize our applications and automate customer-facing activities across departments—transforming our sales operations,” said Lisa Oliver, Sales Operations, Brake Parts. “Oracle’s autonomous PaaS services enable us to digitize many of our manual processes so we can decrease costs, increase business insights, and better innovate.”

New Oracle Autonomous Cloud Platform Services

Newly available autonomous services include Oracle Autonomous Analytics Cloud, Oracle Autonomous Integration Cloud, and Oracle Autonomous Visual Builder Cloud. These services help organizations easily build and deploy modern applications, as well as integrate and analyze critical organizational data. 

Oracle Autonomous Analytics Cloud

Oracle Autonomous Analytics Cloud combines machine learning, adaptive intelligence, and service automation to create an analytics platform that breaks down barriers between people, places, data, and systems, fundamentally changing the way people analyze, understand, and act on information. Learn more here.

  • Empowers business users to uncover more insights, quickly. Users can ask questions on their mobile devices, and natural language processing converts those questions into queries in the backend to deliver rich visualizations on their device. It uses machine learning to gain intelligence and proactively suggest insight on data the user might not even have asked for.
  • Reveals hidden patterns and performance drivers through predictive insights and automatic natural-language explanations powered by machine learning.
  • Provides predictive analytics on IoT data applying domain specific machine learning algorithms on large volumes of sensor data and historical patterns of failure.
  Oracle Autonomous Integration Cloud

Oracle Autonomous Integration Cloud accelerates digital transformation by enabling business processes spanning multiple Oracle and non-Oracle SaaS and on-premises applications through a combination of machine learning, embedded best-practice guidance, and pre-built application integration and process automation. Learn more here.

  • Speeds up integrations in the complex process of mapping attributes of objects across two different applications by using crowd sourced data of all executed integrations, and machine learning to deliver visual recommendations of how to connect those objects.
  • Delivers intelligent dynamic adaptive case management by providing APIs to embed AI/machine learning frameworks, and suggest the next best action in an automated process flow.
  • Increases resiliency and performance by providing self driven and tuning Integrations to manage large workloads intelligently.
  • Enables Robotic Process Automation with AI/machine learning to automate the last mile of case management or process automation with systems that are not API enabled.
  Autonomous Visual Builder Cloud

Oracle Autonomous Visual Builder Cloud helps to accelerate mobile and web application development and deployment by enabling business users and developers to build these applications with no coding. Learn more here.

  • Automates code generation using the latest industry-standard technologies with single click deployment enabling rapid application development even by line-of-business users.
  • Automates delivery of mobile applications across multiple platforms including iOS and Android.
  • Easily extensible and based on standard open-source technology (Oracle JET, Swagger)
 

Oracle Cloud Platform services all share foundational autonomous capabilities including:

  • Self-Driving to Lower Costs and Increase Productivity: Eliminate human labor to provision, secure, monitor, backup, recover and troubleshoot. Automatically upgrade and patch itself while running. Instantly grow and shrink compute or storage without downtime.
  • Self-Securing to Lower Risk: Protect from external attacks and malicious internal users. Automatically apply security updates while running to protect against cyberattacks, and automatically encrypt all data.
  • Self-Repairing for Higher Availability: Provide automated protection from all planned and unplanned downtime with up to 99.995 percent availability, resulting in less than 2.5 minutes of downtime per month including planned maintenance.
 

Organizations can try Oracle Autonomous Cloud Platform services, including Oracle Autonomous Data Warehouse Cloud by signing up for a Free Oracle Cloud Trial via http://cloud.oracle.com/tryit

Contact Info
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
Kristin Reeves
Blanc and Otus
+1.925.787.6744
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.

Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Kristin Reeves

  • +1.925.787.6744

Organizations Worldwide Turn to Oracle Cloud to Fuel their Modernization Efforts

Mon, 2018-05-07 07:00
Press Release
Organizations Worldwide Turn to Oracle Cloud to Fuel their Modernization Efforts

Redwood Shores, Calif.—May 7, 2018

Companies and organizations around the globe are rapidly adopting Oracle Cloud solutions. Offering its customers a unique advantage, Oracle is the only provider to deliver a complete cloud portfolio, spanning Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS). Today, companies in 195 countries and territories are processing more than 55 billion transactions a day through the Oracle Cloud. Recent wins and expansions include: Alsea, Broadcom Limited, Exelon, Gonzaga University, Heineken Urban Polo, Providence St. Joseph Health, Sinclair Broadcast Group, and T-Mobile US Inc.

“Oracle Cloud is redefining how organizations modernize, innovate and compete,” said Thomas Kurian, president, product development, Oracle. “Regardless of where organizations want to start their cloud journeys, Oracle delivers complete and integrated cloud services that deliver faster innovation and business transformation. The momentum and adoption we have seen over the past few quarters is a testament to the value Oracle Cloud provides.”

Industry’s Most Complete, Integrated Cloud Platform

The combined power of Oracle’s Cloud IaaS and PaaS offerings enable customers to extend, enrich, and customize their application environments with unprecedented intelligence, security, speed and predictability. Driving the future of business, Oracle Cloud integrates its deep product knowledge, along with the latest emerging technologies, such as artificial intelligence (AI), machine learning (ML), blockchain, IoT and chatbots into every layer of the stack to allow customers to drive innovation and scale.

Further transforming the market, Oracle today announced the general availability of new autonomous capabilities across its PaaS portfolio. With self-driving, self-securing and self-repairing capabilities for analytics, data integration, mobility, content management and more, customers can focus on accelerating business results by limiting human labor, human error and manual tuning. The availability of Oracle Autonomous Data Warehouse Cloud, the first service based on the revolutionary new Oracle Autonomous Database, was also recently announced.

Intelligent Business Applications

Oracle Cloud Applications help organizations around the world grow faster, differentiate from competitors and better serve their customers.

With Oracle Cloud Applications, organizations across all industries can deliver the experiences customers expect, attract and retain the talent to succeed, and achieve the performance the market demands. To further empower business users, Oracle has embedded AI capabilities across Oracle Cloud Applications for finance, human resources, supply chain, manufacturing, commerce, customer service, marketing and sales professionals.

Additional recent customer wins and expansions across Oracle IaaS, PaaS and SaaS include:

Atomitech Inc., Edith Cowan University, Future Robot, Barrick Gold Corporation, C’s NEXT, Colegio de Bachilleres, Contribute NV, DP World Ltd, Dubai Airport Freezone Authority, Emirates Flight Catering, Hytera Communications Ltd, Ildong Pharmaceutical Co., Ltd., Konyang University, Land O’Lakes, Inc., Leshan City Commercial Bank, McDermott, MCore Group, New Hope Liuhe Co. LTD, Promata, Stallion Oilfield, Ornua Co-Operative, RecVue, Saga d.o.o Beograd., TCI, TaskUs, University of Wisconsin Hospital and Clinics Authority, and Zeneral Heatpump Industry Co Ltd. 

“We needed a robust system to ensure business continuity in the event of a disaster,” said Punit Rastogi, AVP and head of IT, TCI. “We chose Oracle Cloud and saved both time and money in establishing our disaster recovery system. Oracle Cloud also eliminated the need for regular maintenance, patching, and upgrades of our systems.”

"We considered providing a service to monitor on-premises and public clouds as an added-value improvement for the IT monitoring service we deliver,” said Katsuhiro Kawasaki, managing director, Atomitech Inc. “By adopting Oracle Management Cloud, we were able to build a new business pillar with monitoring infrastructure and reduce the operational burden."

“Our focus is to be one of the world's most innovative free zones and provide services that exceed expectations in every way,” said Amna Lootah, assistant director general, Dubai Airport Freezone Authority (DAFZA). “Oracle Cloud helps us deliver superior customer service and enhance management's ability to proactively ensure continuous business improvement, anytime and anywhere.”

“It normally took our team at least one week to prepare executive reports,” said Arun Tewary, CIO, Emirates Flight Catering (member of Emirates Group). “Finally, with modern BI Interactive tools in the cloud, we can generate daily intelligence reports which will improve data accuracy, accessibility and our entire decision making process.”

"Oracle Management Cloud offers powerful log analytics functionality, enabling us to efficiently predict patterns and anomalies, and resolve performance issues for our online store,” said Jae Yoo Kim, information strategy team manager, Ildong Pharmaceutical Co., Ltd. “Oracle Cloud is the perfect solution to increase our productivity and business agility."

“Oracle Cloud Applications will support our vision of digital innovation in our business processes, agility in our deployment of solutions, and long-term value and scalability,” said Janice Newell, executive vice president, information services and CIO at Providence St. Joseph Health.

Contact Info
Christine Allen
Oracle
16037434534
christine.allen@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

Christine Allen

  • 16037434534

B2B Sellers Need Digital Boost to Meet Expectations of Modern Buyers, Report Says

Thu, 2018-05-03 07:00
Press Release
B2B Sellers Need Digital Boost to Meet Expectations of Modern Buyers, Report Says Online marketplaces and digital channels are the most popular buying methods, but need improvements to meet buyers’ expectations, according to research by Oracle and Mirakl

REDWOOD SHORES, Calif.—May 3, 2018

In a recent study of 200 B2B buyers conducted by Oracle Commerce Cloud and Mirakl, results show that there is a clear gap between experiences offered by B2B sellers and B2B buyer’s needs for purchasing. The Next Generation of B2B Purchasing Report 2018 studied not only the behavior of today’s B2B buyers but also the differences in attitudes across three generations—Baby Boomers, Gen-X and Millennials.

B2B sellers are missing opportunities as B2B buyers are becoming more comfortable with digital buying experiences. In fact, the report’s key findings conclude:

  • 87 percent of business buyers across all age ranges are already purchasing in online marketplaces, more than any other channel.
  • 73 percent of respondents state they like to purchase in digital channels but only 11 percent chose digital channels as their preferred choice overall, indicating there is a demand for better digital experiences.
  • 14 percent of respondents prefer person-to-person sales as their top purchasing channel, although it’s still the least utilized channel with 70 percent of engaging with a person to purchase. This indicates that B2B buyers want a mix of channels to purchase from.
 

“The B2B purchasing channels offered today are not cutting it for today’s business buyers. As a result, buyers are still relying on outdated purchasing channels and businesses are left with missed sales opportunities,” said Jeri Kelley, senior product strategist, Oracle Commerce Cloud. “It is imperative that B2B businesses of all sizes invest in a commerce platform that can provide an integrated experience across multiple channels and scale to meet the ever-changing needs of B2B buyers. Those that can drive integrated experiences will thrive.”

“This report clearly validates all age ranges are moving a portion of business purchasing to marketplaces like Amazon and Alibaba,” said Adrien Nussenbaum, CEO and co-founder, Mirakl. “As part of their digital transformation agenda, leaders at B2B companies need to incorporate a marketplace strategy to remain relevant to all ages of buyers and accelerate eCommerce.”

Additional Key Findings
  • Millennial, Gen-X and Baby Boomer B2B buyers are all purchasing in online marketplaces already: 97 percent of Millennials, 81 percent of Gen-X and 83 percent of Baby Boomers generally buy through online marketplaces.
  • Age group still plays a role: Millennials are 14 percent more likely to make business purchases through online marketplaces than Baby Boomers, and 16 percent more likely than Gen-X.
  • Business buyers in North America prefer marketplaces over any other channel: 38 percent of respondents prefer purchasing on marketplaces over other digital channels, RFP/tender process, eProcurement systems and person-to-person channels.
  • The less negotiation, the better: In each age group, approximately 70 percent of business buyers value the fewer negotiations and improved sales processes associated with marketplaces and online buying channels
  • Outdated purchasing channels still used despite preference: Only 8 percent of overall respondents prefer eProcurement systems for B2B purchasing but 71 percent of respondents continue to purchase through this channel. In addition, 59 percent of respondents overall do not prefer RFPs but 84 percent continue to use this channel as well.
 

To find out more about the Oracle Commerce Cloud and Mirakl Next Generation of B2B Purchasing Report, 2018, visit Oracle at the O-Zone Customer Experience Lounge and Mirakl (booth 300) at the B2B Online Conference, May 7-8 in Chicago, IL.

About the Report

The data in the Oracle Commerce Cloud and Mirakl Next Generation of B2B Purchasing Report, 2018 is based on a survey of 200 B2B buyers across Europe, Latin America and North America. The report was conducted by WBR Insights. All respondents are directly involved in their company’s buying process and represent companies with more than $500 million in annual revenue.

Contact Info
Kimberly Guillon
Oracle
209-601-9152
kim.guillon@oracle.com
Adrienne Newcomb/Greg Earl
Ketner Group Communications (for Mirakl)
512-794-8876
miraklpr@ketnergroup.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

Kimberly Guillon

  • 209-601-9152

Adrienne Newcomb/Greg Earl

  • 512-794-8876

Veltio Becomes Oracle PartnerNetwork Platinum Level Member

Wed, 2018-05-02 08:00
Press Release
Veltio Becomes Oracle PartnerNetwork Platinum Level Member Global Partner Expands into Eastern Europe, Latin America and the Middle East

Redwood Shores, Calif.—May 2, 2018

Oracle today announced that Veltio, a market leader in retail planning and optimization consulting, has achieved Platinum level member status in the Oracle PartnerNetwork (OPN).  By attaining Platinum level membership, Oracle has recognized Veltio for its commitment to excellence in delivering complex planning, supply chain and optimization solutions on Oracle Retail Predictive Application Server (RPAS) and for uniquely addressing the challenges of joint customers both on premises and in the cloud.

Veltio’s clients represent a wide range of retail companies, from tier-1 multinational corporations to smaller, privately held companies and across verticals including grocery, fast fashion and specialty retailers globally.  Veltio, one of the largest dedicated Oracle RPAS integrators worldwide, has recently opened a new office in Santiago, Chile, to further Oracle and Veltio’s success in the region. The combined growth and expansion naturally led to Oracle and Veltio strengthening their collaboration.

“As an Oracle Partner for nearly 15 years and now one of the world’s largest Oracle Retail Planning and Optimization integrator, Veltio is proud to have achieved Platinum Level in OPN,” said Costas Malamas, Co-founder and Managing Partner of Veltio. “It is a significant milestone towards our global expansion into new geographies in Eastern Europe, Latin America and the Middle East.”

“Solution oriented relationships like Veltio are crucial to the Oracle ecosystem. Veltio’s growth in this environment is a testament to their drive for cutting-edge technology and investment in high quality people,” said Jeff Warren, Vice President, Oracle Retail.  

With its Platinum status, Veltio receives the benefit of developing specializations that will allow them to grow their business, increase their expertise, reach higher levels of customer retention, and create differentiation in the marketplace. Platinum members also become eligible to resell all Oracle Technology products and can apply to resell Oracle Applications and Industry Solutions. In addition, they receive access to Oracle account representatives and My Oracle Support updates for all products, discounts on training, limited free assessment/exam vouchers, reduced rates on the purchase of Oracle licenses for internal use, discounts on advances customer services and more.

For more information about the benefits of becoming an OPN Platinum level partner, please visit: http://www.oracle.com/us/partnerships/index.htm

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

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

About Veltio

In 2004, Veltio was founded by a team of highly respected retail and technology specialists who were intimately involved in the development and implementation of the Oracle Retail Planning and Optimization suite of products. This core group of leaders drives the ethos and direction of the business and is supported by an experienced pool of business consultants, technical specialists and scientists based in North America, Latin America, Europe and Russia. No matter who we work with, all our customers benefit from Veltio’s truly incomparable perspective on retail planning and optimization, as well as a passion for continuous innovation in retail technology.

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 PartnerNetwork

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

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 4155951584

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