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Oracle Delivers the Trifecta of Retail Insight with New Cloud Service

16 hours 51 min ago
Press Release
Oracle Delivers the Trifecta of Retail Insight with New Cloud Service Oracle Retail Insights Cloud Service Suite Delivers Descriptive, Prescriptive and Predictive Analytics to the Retail Enterprise

Redwood Shores, Calif.—Oct 18, 2018

Oracle Retail has combined three cloud services into a new Oracle Retail Insights Cloud Service Suite. By combining existing science and insight cloud services, Oracle can provide a spectrum of analytics that align to key performance indicators for the retail community. These metrics render in a beautiful user experience with dashboards organized by persona and organizational responsibilities in Oracle Retail Home to encourage more strategic decisions that drive growth and operational efficiency. Oracle Retail customers including Gap Inc., Lojas Renner and Al Nahdi have already experienced the benefits of Oracle Retail Insights and Science solutions and continue to inform their strategic decisions with in-depth insights and science-enabled analytics.

"The Advanced and Predictive Analytics software market, which in 2017 reached $3.1 billion worldwide, is expected to grow at a five-year CAGR of 9.4%. Sophisticated analytical techniques are being embedded into more and more applications," said Chandana Gopal, Research Manager, Analytics and Information Management, IDC. "Forward-looking analytics is going to become much more mainstream, as enterprises are able to harness more and more data from a variety of sources."

“We are working with several retailers who are anxious to adopt cloud to bridge the gap between operations and innovations,” said Jeff Warren, Vice President, Oracle Retail. “To capitalize on the surge of unstructured and structured data in retail, we have applied advanced techniques for analyzing retail data from multiple perspectives into a single cloud services suite that integrates with retail-rich applications and cloud services. With these tools we can deliver analysis on what happened (descriptive), what is going to happen (predictive) and what a retailer should do about it going forward (prescriptive).”

The Trifecta: A Powerful Adaptive Intelligence Suite for the Entire Retail Enterprise

With the new Oracle Retail Insights Cloud Service Suite retail organizations can experience benefits including:

  • Enhanced User Experience and Relevance: The cloud suite leverages Oracle Retail Home to provide a single and modern access point to the data. The user experience streamlines and simplifies access to data and applications to provide relevant and actionable information based on roles and responsibilities. The federated user interfaces support integrated insights-to-action loops.

  • Speed to Value: With one rapidly-deployed cloud service, the solution represents the application of Oracle's analytical core to modern retailing: a comprehensive big data warehouse founded on industry best practices and the scalability, reliability, and economy of a complete Oracle analytic tech stack in the Oracle Cloud.

  • Better Understanding of Customer Context: Gain a better understanding of who your customers are, how they behave and why, so you can make the more intelligent product and promotion decisions. Leverage complete visibility into what motivates customers at each stage of their journey and how they are interacting with your brand across all touchpoints.

  • Uncover Merchandising Intelligence: Identify actionable merchandising opportunities across touchpoints, including backorder and returns, top/bottom seller, demand/fulfillment and price and promotion analysis.

  • Inspire Customer Loyalty: Leverage a highly visual, intuitive, end-to-end workflow to define and execute local market assortments, improve conversion of traffic into sales, and increase customer satisfaction.

  • Leverage Artificial Intelligence and Machine Learning: Retail business users can conduct advanced analyses to understand better and optimize affinity, store clustering, customer segmentation, consumer decision trees, demand transference, and attribute extraction.

  • Unleash the Power of Flexibility and Ad Hoc Reporting: Business analysts and data science teams can leverage innovation workbench for additional ad hoc analysis.

  • Leverage Common Foundational Data Architecture: The suite can exploit the logical value of the data generated by Oracle Retail's comprehensive application footprint, and surfaces properly-filtered and secured descriptive, predictive and prescriptive analytics to whomever, however, whenever and wherever desired.

  • Drive Retail Investment: Optimize assortments to available space to maximize planogram performance, return-on-space, sales, revenue, and profits, while improving customer satisfaction with the optimal variety for each store.

  • Improve Gross Margin: Drive optimal recommendations for promotions, markdowns, and targeted offers that maximize profits and sell through leveraging prescriptive analytics.

Contact Info
Matt Torres
Oracle
14155951584
matt.torres@oracle.com
About Oracle

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

About Oracle Retail

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

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 14155951584

Oracle Buys goBalto

Wed, 2018-10-17 07:00
Press Release
Oracle Buys goBalto Adds Leading Solution for Accelerating Clinical Trial Site Selection and Activation to Oracle Health Sciences Cloud

Redwood Shores, Calif.—Oct 17, 2018

Oracle today announced that it has entered into an agreement to acquire goBalto, which delivers leading cloud solutions to accelerate clinical trials by streamlining and automating the selection and set up of the best performing clinical research sites to conduct trials.

goBalto’s study startup solutions are activated at over 90,000 research sites across 2,000+ studies in over 80 countries to deliver significant savings to customers with over 30 percent quantifiable reduction in study startup cycle times.

Today, Oracle Health Sciences offers customers the industry's most advanced cloud solution for clinical trial planning, data collection, trial execution and safety management. goBalto adds the leading industry cloud solution that significantly reduces clinical trial startup time.  Together, Oracle and goBalto will provide the most complete end-to-end cloud platform dedicated to unifying action and accelerating results for the Life Sciences industry. 

“Clinical trial site selection and activation is one of the most manual and time-consuming processes for our customers,” said Steve Rosenberg, Senior Vice President and General Manager of Oracle Health Sciences Global Business Unit. “Oracle Health Sciences is designed to provide the industry with the best end-to-end clinical trial experience and the addition of goBalto will further allow our customers to remove another barrier from delivering treatments to patients faster.”

“We set out on a mission to streamline the clinical trial study startup process ten years ago because we saw how untenable it was for pharmaceutical companies and contract research organizations to track 1,000+ sites by 1,000+ specialists on spreadsheets,” said Jae Chung, Founder and President of goBalto.  

“We are delighted to join forces with Oracle as the benefits offered to both our customers and employees as a broader clinical trial continuum are unparalleled in the industry,” said Sujay Jadhav, CEO of goBalto.

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

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

Trademarks

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

Safe Harbor

Oracle is currently reviewing the existing goBalto 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 goBalto’s product roadmap are at the sole discretion of Oracle. All product roadmap information, whether communicated by goBalto 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 goBalto, including statements that involve risks and uncertainties concerning Oracle’s proposed acquisition of goBalto, 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 goBalto, 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 goBalto 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 goBalto. 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 goBalto 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

Oracle Code One Expands Support for Developers

Tue, 2018-10-16 11:00
Press Release
Oracle Code One Expands Support for Developers Oracle Code One now covers more technologies and reaches new communities

Redwood Shores, Calif.—Oct 16, 2018

Code One

Visitors to the Groundbreaker Hub at Oracle Code One will be able to get their hands on the Code Card.

To support and empower the developer community, Oracle Code One will take place alongside Oracle OpenWorld on October 22 to 25 at Moscone West in San Francisco. Oracle’s premier event for developers has expanded to include more languages, technologies and developer communities. Oracle Code One will cover a wide range of topics from AI, blockchain, digital assistants and containers to Java and more languages such as Go, Rust and Python. Registration is still open to all developers and available at oracle.com/code-one.

Oracle Code One features daily keynotes at 5:00 PM in Moscone North’s Hall D. In the Java technical keynote on Monday, October 22, Georges Saab, Vice President of Development at Oracle, will share Java SE updates from the last twelve months including recent enhancements made in the latest Java 11 release. They will also share a glimpse into future projects aimed at accelerating user productivity such as Java in container environments and exploration of new code review options for the JDK. This year’s Duke’s Choice Award winners will also be announced during the keynote.

The Oracle Code One keynote on Tuesday, October 23, will explore topics ranging from managed Kubernetes and serverless functions to blockchain and intelligent digital assistants powered by chatbot technology. The keynote will be presented by Matt Thompson, Vice President of Developer Engagement and Evangelism at Oracle; Amit Zavery, Executive, Vice President of Fusion Middleware and PaaS Development at Oracle; and Siddhartha Agarwal, Group Vice President of Product Management and Strategy for Oracle Cloud Platform. The Code One Meetup at 5:00 PM lets developers not registered for Oracle Code attend the keynote, join a fireside chat with iconic leaders who have made groundbreaking developer innovations and explore evening sessions.

The Java Community Keynote will take place October 24 and feature special guest, James Gosling, creator of Java, together with Stephen Chin, Director of Developer Marketing and Heather VanCura, Director at Oracle and Chair of the Java Community Process, the keynote will also include developer groundbreakers from Canoo Engineering AG, Gluon, IT-Beratung, Snyk.

“As developers look to build increasingly complex cloud native applications, Oracle continues to provide new, innovative capabilities like AI and Machine Learning, blockchain and Kubernetes support for developers to leverage,” said Siddhartha Agarwal, Group Vice President of Product Management and Strategy at Oracle. “Oracle Code One is where developers can engage with Oracle’s technical experts and the larger developer ecosystem to learn how to build the next generation of these applications and services. The event features an unrivalled variety of technical sessions and a community of peers with expertise in the tools, tricks and technologies relevant to building for the cloud. Oracle is engaging with developers wherever they are located around the world to enable innovation via learning resources, developer-focused events, hands on hackfests and free Oracle Cloud Trials to help them get started.”

Throughout Oracle Code One, developers will find more of the Java content they expect with extended workshops, talks, sessions and Hands-on-Labs to explore technologies from Oracle and the broader developer ecosystem, including GraalVM, Oracle JET, the Fn Project, OpenJFX and GraphPipe. Developers at Oracle Code One can also expect unexpected demos based on the latest emerging technologies, from AI to blockchain.

Among this year’s exciting demos, sessions and keynotes, attendees will get to experience:

  • The Code Card – With Wi-Fi, buttons and an e-link screen, developers can design their own Code Card IoT device. Visitors to the Groundbreaker Hub at Oracle Code One will be able to get their hands on the Code Card and join a workshop to learn how to program it using Oracle Cloud Functions, serverless technology powered by the Fn Project.

  • Demo: Alpha Zero AI Algorithm Connect Four – The Meet the Experts Lounge on Monday, October 22 at 4:00 PM will feature an interactive demonstration of a neural network trained to play Connect Four using the AlphaZero algorithm and deployed using Oracle’s open source GraphPipe.

  • Demo: Blockchain Beer – An exclusive demo of how a micro-brewery outcompetes big brands with the blockchain.

  • Panel: Groundbreaker Icons – A discussion by thought leaders in software development and open source, including Doug Cutting, (Hadoop), Neha Narkhede (Kafka), Graeme Rocher (Grails), Guido Van Rossum (Python) and Charles Nutter (JRuby).

  • AR Scavenger Hunt Game – Guests in the Developer Lounge can win money for charity by searching for chess pieces with their phone cameras, by downloading a special app. Find the scavenger hunt image and a 3D Java Duke appears on the screen with a quiz on the JavaFX 11 platform. For each correct answer on the scavenger hunt, Oracle will donate money to Iridescent, a science, engineering and technology education nonprofit organization that empowers underrepresented young people to become self-motivated learners, inventors and leaders. A leaderboard in the Oracle Code One Developer Lounge will show the number of players, the number of correct answers and how much money has been raised for Iridescent.

Oracle Code One is also an opportunity for developers to learn about the wide range of open source and open standards which Oracle champions. Since joining the Cloud Native Computing Foundation last year, Oracle has continued to advance key serverless and container projects, including announcing new open serverless standard support on its open source Fn Project and critical new features for Oracle Container Engine for Kubernetes to address key Kubernetes issues. Oracle  also contributed many of its Kubernetes projects to the open source community, including JenkinsX Supported Cloud Provider for OKE, Flexvolume DriverVolume ProvisionerCloud Controller Manager and Terraform Kubernetes Installer. These announcements follow last year’s announcement that Oracle open sourced several container utilities. For developers working on machine learning, Oracle recently announced that it open sourced GraphPipe, to simplify how enterprises deploy and query machine learning models from any framework. Earlier this year, Oracle also released GraalVM, a polyglot virtual machine to run Java and JVM languages with full support for JavaScript and Node.JS, plus early support for Ruby, Python, R and LLVM bitcode.

In 2019, Oracle will host over 300 events around the world to connect with and educate developers with workshops, sessions and keynotes featuring prominent experts. To learn more about Oracle Developer Events, please visit: https://developer.oracle.com/events

Oracle Cloud Platform Momentum

At last year’s OpenWorld, Oracle announced new integrated cloud offerings that made it easier for developers to leverage transformative technologies and create modern applications. These included the launch of the Oracle Container Native Application Development Platform and the Oracle Blockchain Cloud Service, as well as the expansion of the Oracle Mobile Cloud portfolio to include artificial intelligence-powered chatbots.

To accelerate mobile and web application development and deployment, Oracle announced the availability of Oracle Visual Builder Cloud, which enables both business users and developers to build applications with little to no coding. Oracle API Platform Cloud provides full lifecycle API management services. Finally, Oracle Integration Cloud now brings pre-built application integration and process automation to the Oracle Cloud Platform, making the deployment and integration of these applications more seamless than ever.

Contact Info
Alex Shapiro
Oracle
+1 405.608.5044
alex.shapiro@oracle.com
Quentin Nolibois
Burson Cohn & Wolfe
+1.415.591.4097
quentin.nolibois@bm.com
About Oracle

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

About Oracle Code One

Oracle Code One is the industry’s most inclusive developer conference, featuring a collection of international and local experts and speakers to explore the latest in developer technologies, languages, practices and leading-edge topics. Expanded from Oracle’s JavaOne, Oracle Code One brings together extensive technical Java content and numerous keynotes, sessions and workshops across 11 tracks covering a wide range of topics from chatbots, microservices, AI, and blockchain to languages such as Go, Rust, Python, JavaScript, SQL, and R. For more information, to register or to watch Oracle Code One keynotes, sessions and more, visit www.oracle.com/code-one. Join the Oracle Code One discussion on Twitter.

About Oracle OpenWorld

Oracle OpenWorld, the industry’s most important business and technology conference for the past 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. With hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Cloud Platform and Infrastructure. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter.

Future Product Disclaimer

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

Forward-Looking Statements Disclaimer

Statements in this article relating to Oracle’s future plans, expectations, beliefs, and intentions are “forward-looking statements” and are subject to material risks and uncertainties. Such statements are based on Oracle’s current expectations and assumptions, some of which are beyond Oracle’s control. All information in this article is current as of October 16, 2018 and Oracle undertakes no duty to update any statement in light of new information or future events.

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

Alex Shapiro

  • +1 405.608.5044

Quentin Nolibois

  • +1.415.591.4097

Oracle Answers the Call to Help Cities Improve Citizen Services

Tue, 2018-10-16 07:00
Press Release
Oracle Answers the Call to Help Cities Improve Citizen Services San Jose and other cities turn to Oracle to transform non-emergency services

Redwood Shores, Calif.—Oct 16, 2018

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The City of San Jose selected Oracle Service Cloud to launch a new 311 service that could help make it safer, more inclusive, sustainable and user-friendly.

Cities across the country have selected Oracle Service Cloud to rethink traditional 311 services and provide the best possible citizen experience. With Oracle Service Cloud, cities including The City of San Jose, The City of Albuquerque, Sacramento County and The City of Fort Wayne have been able to transform the way they engage with citizens for all non-emergency inquiries and services.   

The City of San Jose is the nation’s 10th largest city, with approximately one million residents. To support its goal of becoming America’s most innovative city by 2020, The City of San Jose selected Oracle Service Cloud to launch a new 311 service that could help make it safer, more inclusive, sustainable and user-friendly.

“The Oracle Service Cloud platform has enabled the City to more effectively respond to resident’s service requests,” says Desiree Jafferies, San Jose’s customer contact center manager. “It has transformed our customer experience, shifting away from a reactive response to a more proactive, real-time, data-driven service environment.”

The City of Albuquerque supports more than 900,000 citizens. To improve efficiency and provide its citizens with the best possible service, The City of Albuquerque selected Oracle Service Cloud to support its 311 service. With Oracle Service Cloud, The City of Albuquerque has been able implement a new conversational interface that allows residents to ask the Alexa voice-activated system to help with a range of requests from finding a lost pet to scheduling a large package pickup, removing graffiti, getting rid of litter or reporting an abandoned car.

“This service allows us to offer residents innovative channels to engage with their city government,” stated Mayor Tim Keller. “Alexa’s conversational user interface is convenient for the community and will help us make the most effective and efficient use of 311 resources. We’re integrating emerging technologies with government to ensure that people from all walks of life in Albuquerque have easy ways to participate with their City and utilize City services.”

Sacramento County supports more than 1.5 million citizens. To provide the best possible service and support to internal agencies and other public constituents, Sacramento County selected Oracle Service Cloud to integrate data from different sources and optimize how residents interact with its 311 service across channels. With Oracle Service Cloud, Sacramento County has been able to automate previously manual processes to free up its communications center staff to focus more on customer service, collaboration and public engagement.  

The City of Fort Wayne, Indiana is home to more than 250,000 citizens. To capture the voice of its citizens and publicly hold city departments and officials accountable, The City of Fort Wayne selected Oracle Service Cloud to modernize its 311 service. With Oracle Service Cloud, The City of Fort Wayne has been able to reduce costs by increasing self-service channels and enabling citizens to engage on their preferred channels, while also reducing average wait times by approximately 60 percent.

“With Oracle, we have been able to connect seven Divisions with 16 different departments and change the game by unifying the entire city’s metrics into one performance scorecard. This not only holds departments accountable for their service performance, but it has also enabled us to move from a reactive to a proactive organization,” said Eric Harris 311 Call Center Manager, The City of Fort Wayne. “Now through our unified system, citizens are able to take a picture of a pothole with their smartphone and we are able to fill it within four hours. The city has also been able to reduce agent training time from three months to three weeks.”

Oracle Service 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. 

Contact Info
Danielle Cormier-Smith
Oracle
+1.914.441.4896
danielle@positive-comms.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.

Talk to a Press Contact

Danielle Cormier-Smith

  • +1.914.441.4896

Oracle Honors Customer Innovation with Oracle Aconex Connect Awards

Tue, 2018-10-16 07:00
Press Release
Oracle Honors Customer Innovation with Oracle Aconex Connect Awards Honorees in the Americas include Austin Industries, Burns & McDonnell, Colorado High Performance Transportation Enterprise and Valley Metro

Redwood Shores, Calif.—Oct 16, 2018

Oracle has announced the winners of the Oracle Aconex Connect Awards in the Americas. Now in its third year, the global awards honor customers worldwide for innovation in delivering significant construction and engineering projects efficiently and effectively. Winners for the Europe, Middle-East and Africa (EMEA) and Asia-Pacific (APAC) regions were announced separately today.

As the industry matures, so does customer technology adoption and optimization. These customers, who have demonstrated exceptional results using Oracle Aconex products, are at the forefront of embracing digital transformation to improve outcomes for all project participants. They typically see this positive change through greater process efficiency, project-wide visibility, and new insights helping to drive more informed business decisions and continuous improvement.

“The winners of the Oracle Aconex Connect Awards continue to demonstrate the powerful combination of forward-looking technology and strategic vision,” said Leigh Jasper, Vice President, Aconex Strategy and Operations, Oracle Construction and Engineering. “Through strong leadership coupled with enterprise planning, organizations can significantly improve processes in key areas such as field performance and project controls, safety and quality. Ultimately, this translates to what everyone in the industry wants to do—improve operability and meet growth objectives.”

“Aconex is a critical resource for our growing agency where organizational transparency is key,” said Wulf Grote, Capital and Service Development Director, Valley Metro. “Their support means knowing information is always available so we can get it to the right people at the right time.”

Select results from the 2018 Americas Connect Awards winners:

  • Austin Industries cut time spent tracking and reporting RFIs and submittals by 75 percent and reduced the time spent on managing communication flow across their JV by 66 percent.
  • Burns & McDonnell previously reduced RFI cycles using Aconex from 3.64 days to 2.35 days and now through cross project standardization that has continued to decrease to an average of just 1.6 days.
 

Aconex customers were nominated for the Oracle Aconex Connect Awards in three categories: 

  • Hero Award – championing change in projects to minimize risk and save costs.
  • Project Award – collaborating effectively across project teams for successful delivery.
  • Enterprise Award – standardizing best project practices across enterprise portfolios.
 

This year a special award was introduced to acknowledge the significant contribution of women to the advancement of technology in engineering and construction.

Below is a full list of 2018 Oracle Aconex Connect Awards winners in the Americas:

  • Aguas Pacífico – Hero Award to Lilian Barrios for Excellence in Process Implementation on a Public Project.
  • Austin Industries – Project Award for Excellence in Project-Wide Collaboration on a Joint Venture (SFO Terminal 1 Boarding Area B Reconstruction).
  • Burns & McDonnell – Leadership Award to Patty Sullivan - 2018 Woman in Construction Technology.
  • Colorado High Performance Transportation Enterprise – Project Award for Excellence in Process Improvement on a P3 (Central 70).
  • Valley Metro – Enterprise Award for Excellence in Process Improvement to Support Company Growth and Hero Award to April Trevett for Excellence in Company-Wide Implementation and Adoption.
 

Global honorees for the 2018 Oracle Aconex Connect Award include: China Railway Major Bridge Engineering Group Co. LTD, Faithful + Gould (member of the SNC-Lavalin Group), Lendlease, Turner & Townsend Company and VINCI Construction Grands Projets, among others. Read more about selected 2018 Oracle Aconex Connect Awards winners here.

Contact Info
Judi Palmer
Oracle
+1.650.784.7901
judi.palmer@oracle.com
Brent Curry
H+K Strategies
+1 312.255.3086
brent.curry@hkstrategies.com
About Oracle Construction and Engineering

Asset owners and project leaders rely on Oracle Construction and Engineering solutions for the visibility and control, connected supply chain, and data security needed to drive performance and mitigate risk across their processes, projects, and organization. Our scalable cloud solutions enable digital transformation for teams that plan, build, and operate critical assets, improving efficiency, collaboration, and change control across the project lifecycle. 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

  • +1.650.784.7901

Brent Curry

  • +1 312.255.3086

Alshaya Partners with Oracle Cloud to Accelerate Growth and Expansion

Mon, 2018-10-15 07:00
Press Release
Alshaya Partners with Oracle Cloud to Accelerate Growth and Expansion Multinational Franchise Operator Selects Cloud Suite to Arm Associates with New Tools to Personalize Customer Experience

Redwood Shores, Calif.—Oct 15, 2018

A leading Middle East retail franchise operator, M.H. Alshaya Co., has teamed up with Oracle as part of an enterprise transformation to improve operational efficiency and build a foundation for future growth and innovation. Alshaya’s digital transformation will empower its associates by introducing retail best practices to create a more responsive and personalized customer service experience across its portfolio of recognized global brands.

For over 30 years Alshaya has been a pioneering force in retail as franchise operator of nearly 90 of the world’s best-known brands including H&M, Mothercare, Debenhams, American Eagle Outfitters, Victoria’s Secret, Starbucks, The Cheesecake Factory, Boots and Pottery Barn. This diverse brand portfolio has provided Alshaya with a footprint including more than 4,000 physical stores and 53,000 associates across the Middle East, North Africa and Europe.

To streamline omnichannel operations and support brand loyalty objectives, Alshaya will implement a suite of Oracle Retail, Oracle Customer Experience, and Oracle Cloud Applications. These solutions will be provisioned on Oracle Cloud Infrastructure solutions.

“Oracle is a proven, world-class retail solution provider with unmatched expertise and they will be a key partner in our transformation,” said Steve Marston, Chief Information Officer at M.H. Alshaya Co. “Alshaya has worked with Oracle for many years and we are delighted to extend our collaboration with them to modernize our operations, invest in our teams and foster future growth as we expand our omnichannel reach.”

Alshaya will work with Oracle Consulting Services to implement applications and cloud services across the portfolio. Alshaya associates will be empowered to segment and personalize the consumer experience and encourage loyalty with new customer relationship management capabilities. Updated operational and financial systems will accelerate growth as Alshaya continues to expand.

“Alshaya operates a complex global business model with an impressive brand portfolio. Our collaboration creates a unique opportunity to deliver long-term value for their customers,” said Mike Webster, Senior Vice President and General Manager, Oracle Retail. “Oracle is focused on innovation while uniquely helping our customers maintain a single view of customer, inventory, order and channel.”

Alshaya has selected a powerful, end-to-end modern retail solution from Oracle including:

  • Enabling a Modern Customer Experience with a Single View of Customer: Oracle Retail Xstore Point of Service, Oracle Retail Customer Engagement Cloud Service, Oracle Marketing Cloud and Oracle Service Cloud

  • Driving Operational Excellence with a Single View of Inventory: Oracle Retail Merchandise Operations Management suite with Oracle Retail Store Inventory Management

  • Modernizing Legacy Systems: Oracle Fusion Procurement Cloud, Oracle Talent Management Cloud and Oracle EPM Cloud

  • Delivering Innovation and Scale: Oracle Infrastructure as a Service, Oracle Platform as a Service, Oracle Integration Cloud Service, Oracle Mobile Cloud Service, Oracle API Platform Cloud Service

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

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

About Oracle Retail

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

Trademarks

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

Talk to a Press Contact

Matt Torres

  • 4155951584

Chegg Creates New Monetization Opportunities with Oracle Cloud

Mon, 2018-10-15 07:00
Press Release
Chegg Creates New Monetization Opportunities with Oracle Cloud Provider of digital services for students deploys Oracle Monetization Cloud to support flexible billing and revenue management, improve customer retention, and accelerate time to market

Redwood Shores Calif—Oct 15, 2018

Chegg, Inc., the Smarter Way to Student™, has deployed Oracle Monetization Cloud to enable innovative digital subscription services.

Chegg’s student-first, interconnected learning platform is transforming the way millions of students learn by reconnecting the link between learning and earning through tools and services that support students throughout their educational journey. Their mission is to help students save time, save money, and get smarter in order to improve the overall return on educational investment.

With Oracle Monetization Cloud, Chegg is able to offer students cross-product discounts, bundled services, free trials, and other pricing incentives to increase value to their student subscribers. The solution allows Chegg to reduce time to market for the introduction of new subscription products such as Chegg Math Solver, which went through configuration, testing and launch in just two weeks.

Chegg is also using Oracle Monetization Cloud to consolidate multiple products into a single bundle. Formerly, Chegg customers needed to buy separate subscriptions for each service –each with a separate bill. By supporting the new Chegg “Study Pack” Oracle Monetization Cloud empowers Chegg to simplify their operations, take advantage of cross-selling opportunities, and improve their subscribers’ experience of initiating and paying for their services.

“We were able to replace our homegrown billing system with Oracle Monetization Cloud in a matter of months, working closely with the Oracle Communications Consulting team to meet our projected launch date, to quickly offer students more value and a better experience” said Pritie Sharda, director of e-Commerce, at Chegg.

Oracle Monetization Cloud is integrated with Oracle NetSuite ERP to provide Chegg with a streamlined financial management solution.

“As businesses innovate to offer greater digital services, they require increasingly flexible monetization capabilities,” said Doug Suriano, senior vice president and general manager of Oracle Communications. “Chegg is leveraging Oracle Monetization Cloud to bring these services to market faster and provide a more appealing customer experience.”

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

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

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

About Oracle

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

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Katie Barron

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Jamie Dowling

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Consumer Energy Savings Hit Unprecedented 20TWh with Oracle Utilities Opower

Mon, 2018-10-15 07:00
Press Release
Consumer Energy Savings Hit Unprecedented 20TWh with Oracle Utilities Opower Efficiency programs save enough energy to power San Francisco households for a decade or three million Tesla Model 3s traversing the length of the equator

Redwood Shores, Calif.—Oct 15, 2018

Consumer households supported by Oracle Utilities Opower Energy Efficiency programs have reached more than 20-terawatt hours (TWh) in cumulative energy savings. This equates to enough energy to power San Francisco homes for 10 years, Spain for a month or three million Tesla Model 3s traversing the length of the equator. 

Learn what else 20 TWh in energy savings can power here.

The digital revolution has enabled consumers to better control everything from how they shop to how they ride to work. Until relatively recently, however, they lacked the ability to effectively manage their energy usage to lessen both their environmental footprint and monthly costs. Opower first introduced its consumer Energy Efficiency programs to the market in 2008. Just ten years later, the 20 TWh milestone is a testament to how utilities and their customers have embraced these programs and transformed their behaviors to significantly reduce energy emissions.

“Opower revolutionized residential energy efficiency by empowering consumers at every economic level to manage their energy usage with no additional cost,” said Rodger Smith, Senior Vice President and General Manager for Oracle Utilities. “Together, with our utility customers, we have given 15 million consumers access to actionable data that is enabling them to take charge of their energy consumption. With 20 TWh of savings, we have only scratched the surface of what’s possible. It is inspiring to imagine the impact these programs will continue to have in creating a more sustainable energy future for everyone.”

The Opower energy efficiency programs, including Home Energy Reports, are part of a larger Oracle Utilities demand-side management product suite that includes Peak Management, Proactive Alerts, and energy management web tools. Working in tandem, these solutions are designed to inform and motivate consumers to better control their home energy consumption and cost, while allowing utilities to proactively meet regulatory requirements, decrease the cost to serve, reduce call center volume, and improve customer satisfaction.

Exelon’s Utilities – Driving Energy Awareness and Efficiency for Millions of Customers

Exelon’s utility companies (Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco) are committed to helping their customers save energy and have been key innovators and collaborators in reaching the 20 TWh efficiency milestone. As part of their comprehensive Business Intelligence and Data Analytics strategy, the company is driving consumer engagement and conservation efforts with a multi-pronged approach that includes Opower Home Energy Report programs and the first application of behavioral science in demand response through Opower Peak Management.

Today, Exelon’s Home Energy Report programs reach more than 3.6 million customers and have generated 2.85 TWh in total savings. Their Peak Management programs, which began at Baltimore Gas and Electric (BGE) in 2011, now touch 1.1 million BGE and 270,000 ComEd customers. The combined Peak Management programs have generated more than 1.9 GW in total demand reduction during critical peak periods, resulting in lower costs for consumers and increasing the overall reliability of the grid.

Collectively this impact is powering a cleaner and brighter future for Exelon’s utility customers and communities. Learn more about Exelon’s journey here.

The Future of Energy Efficiency

This 20 TWh milestone represents a solid step forward to a larger, more sustainable future for participating utility companies and their customers. Currently, Oracle Utilities Opower programs are on track to deliver 4 TWh of savings annually, which is equivalent to the power generated yearly by the Hoover Dam.

By comparison, Opower’s 20 TWh achievement is seven times greater than the next closest ranking energy efficiency provider in Navigant Research’s 2018 Home Energy Management Leaderboard Report.

“In just two years, Oracle Utilities Opower has gone from 11 TWh energy savings to 20 TWh – a milestone no other software provider has come remotely close to,” added Smith. “Working closely with our utility partners, we will continue to redefine how consumers reach their full energy saving potential, with innovative, scalable solutions that drive behavior change at the time and location that have the most impact.”

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

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

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Oracle Recognized as a Leader in Two Recent Gartner Reports: Magic Quadrant for Data Integration Tools and Magic Quadrant for Metadata Management Solutions

Mon, 2018-10-15 07:00
Press Release
Oracle Recognized as a Leader in Two Recent Gartner Reports: Magic Quadrant for Data Integration Tools and Magic Quadrant for Metadata Management Solutions Oracle positioned in both reports as a Leader based on completeness of vision and ability to execute

Redwood Shores, Calif.—Oct 15, 2018

Oracle today announced that it has been named a Leader in two recent reports, Gartner’s 2018 “Magic Quadrant for Data Integration Tools” report1 and Gartner’s 2018 “ Magic Quadrant for Metadata Management Solutions” report 2.  This recognition is further validation of Oracle’s continued leadership in delivering a comprehensive portfolio of integration solutions.

“Our leadership illustrates the importance of data integration in the digital age and the value that Oracle’s data integration solutions deliver to customers every day,” said Jeff Pollock, vice president, product management, Oracle. “Oracle delivers a modern data integration solution bringing together data integration, data governance, and streaming data along with comprehensive cloud-based data warehousing, big data and analytics solutions.”

According to Gartner, “The data integration tools market is composed of tools for rationalizing, reconciling, semantically interpreting and restructuring data between diverse architectural approaches, specifically to support data and analytics leaders in transforming data access and delivery in the enterprise.” The report continued, “The discipline of data integration comprises the practices, architectural techniques and tools that ingest, transform, combine and provision data across the spectrum of information types. This integration takes place in the enterprise and beyond the enterprise—across partners and third-party data sources and use cases—to meet the data consumption requirements of all applications and business processes.”

The Magic Quadrant for Metadata Management Solutions report identified Leaders as “front-runners with an offering that supports the full range of metadata management capabilities. They exhibit a clear understanding of, and vision for, where the market is headed and are strong in matching customers’ requirements in a variety of use cases. They support both business and technical metadata scenarios, leveraging strategic partnerships to optimize the delivery of their solutions. These vendors establish market trends by providing new functional capabilities in their products, and by identifying new types of business problem to which they can bring significant value. Leaders have an established and/or fast-growing market presence, and a multinational presence,” according to Gartner.

Oracle’s integration solutions provide application and data integration capabilities to seamlessly connect applications, share data across hybrid environments to enable trusted global analytics, and modernize to the cloud. Oracle’s integration offerings include Oracle Data Integration Platform Cloud, Oracle GoldenGate Cloud Service, and Oracle Integration Cloud. Oracle Data Integration Platform Cloud is a powerful and unified cloud based solution that helps companies migrate their data to cloud as well as modernize their data management platforms and data integration requirements through real-time data streaming, batch data processing, data enrichment and data governance. Oracle Data Integration Platform Cloud is also uniquely positioned to enable autonomous data warehousing along with Oracle Autonomous Data Warehouse Cloud Service. Oracle GoldenGate Cloud Service is a focused data integration solution that provides real-time replication from database-to-database or database-to-big data. Oracle Integration Cloud is a powerful application integration platform with a large library of pre-built integration adapters to enable customers quickly integrate Oracle and third-party SaaS and on-premises applications, APIs, people and devices.

Download a complimentary copy of Gartner’s 2018 Magic Quadrant for Data Integration Tools here.

Download a complimentary copy of Gartner’s 2018 Magic Quadrant for Metadata Management Solutions here.

[1] Source: Gartner, Magic Quadrant for Data Integration Tools, Mark Beyer, Eric Thoo, Ehtisham Zaidi, 19 July 2018
[2] Source: Gartner, Magic Quadrant for Metadata Management Solutions, Guido De Simoni, Alan Dayley, Roxane Edjlali, 9 August 2018

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

Contact Info
Nicole Maloney
Oracle
1.650.506.0806
nicole.maloney@oracle.com
Quentin Nolibois
Burson-Marsteller
1.415.591.4097
quentin.nolibois@bm.com
About Oracle

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

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Nicole Maloney

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Quentin Nolibois

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Oracle Recognized as a Leader in the 2018 Magic Quadrant for Supply Chain Planning System of Record

Mon, 2018-10-15 06:30
Press Release
Oracle Recognized as a Leader in the 2018 Magic Quadrant for Supply Chain Planning System of Record Oracle included in Leaders quadrant of the 2018 Gartner Magic Quadrant for Supply Chain Planning System of Record

Redwood Shores, Calif.—Oct 15, 2018

Oracle announced today that Oracle Supply Chain Planning (SCP) Cloud has been positioned as a Leader in the 2018 Gartner Magic Quadrant for Supply Chain Planning System of Record.

Oracle has traditionally had strong offerings in on-premises SCP applications, and the company believes the Magic Quadrant placement validates Oracle’s success in yet again creating best-of-breed business applications, this time, natively, on the cloud.

A complimentary copy of the report is available here.

Over the last 20 years, Supply Chain Planning has matured from a niche process for early adopters to an integral and indispensable strategic tool for competing in the global marketplace. Supply Chain Planning practices are now critical for ensuring high customer service levels at the lowest possible cost, in a business climate characterized by increased demand volatility and supply chain complexity. According to the Gartner Magic Quadrant, SCP SOR has seven key functional areas which are Stage 3 sales and operations planning (S&OP), demand planning including collaborative demand planning, inventory planning including collaborative inventory planning, replenishment planning including collaborative replenishment planning, order planning/promising, production planning, and manufacturing scheduling.

According to Gartner, choosing a SCP SOR is a key decision. “Not only must it provide planning integration and visibility across a supply chain, it also must provide a critical steppingstone in an SCP technology roadmap that will help enable the business’s future SCP aspirations. To be fully effective, an SCP SOR is deployed, at a minimum, at the supply chain planning organizational level, as opposed to SCP key functional capability or geographically.”

Oracle is committed to investing in an integrated supply chain planning service that works seamlessly with innovative new technology such as artificial intelligence, the Internet of Things (IoT), and blockchain. Oracle SCP Cloud is integrated with the broader Oracle Supply Chain Management Cloud including capabilities that contain product innovation, strategic material sourcing, outsourced manufacturing, integrated logistics, omni-channel fulfillment, and integrated demand.

“We believe that our recognition as a supply chain planning leader comes from listening to our customers,” said Vikash Goyal, Vice President of Product Strategy at Oracle. “Supply Chain Planning Cloud uses Oracle’s modern, autonomous technologies to significantly improve both the speed and the quality of decision making for our customers. Equipped with best practice processes, guided user experience and intelligent recommendations, supply chain planning cloud is easy to implement and simple to use. We will continue to invest and innovate in this area and help our customers become leaders in their industries.”

For additional information on Oracle Supply Chain Management (SCM) Cloud, visit FacebookTwitter or the Oracle SCM blog.

Gartner, “Magic Quadrant for Supply Chain Planning System of Record,” Amber Salley, Tim Payne, Alex Pradhan, 21 August 2018.

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

Contact Info
Vanessa Johnson
Oracle
+1.650.607.1692
vanessa.n.johnson@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

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

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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Vanessa Johnson

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Inaugural Startup Class Collaborates on Enterprise Growth and Cloud Innovation at Oracle’s First U.S. Startup Hub

Thu, 2018-10-11 07:00
Press Release
Inaugural Startup Class Collaborates on Enterprise Growth and Cloud Innovation at Oracle’s First U.S. Startup Hub Austin, Texas hub welcomes six startups to the global program and Capital Factory co-working space

Redwood Shores, Calif.—Oct 11, 2018

Oracle today announced the first class of startups joining the Oracle Global Startup Ecosystem hub in Austin, Texas. Announced earlier this year, Austin is the program’s first U.S. hub location. The six startups in the hub’s inaugural class will work closely with Oracle’s research and development and enterprise sales teams to enable scalable growth and drive cloud-based innovation.

Oracle’s global startup program offers personalized experiences for startups, mentoring from technical and business experts, state-of-the-art technology, free Oracle Cloud credits, and access to Oracle’s more than 430,000 global customers, as well partners and investors. Unlike traditional accelerator programs, Oracle’s is driven by the R&D team and does not take equity.

“In the global marketplace, one size does not fit all, and that’s especially true for today’s startup ecosystem,” said Reggie Bradford, senior vice president, Oracle Global Startup Ecosystem. “That’s why we’ve taken a different approach – reimagining the startup-enterprise relationship and offering personalized experiences for the startups to achieve true collaboration, co-development and co-innovation.”

Selected from a competitive and diverse pool of applicants, the six startups joining the Austin-based hub include:

  • data.world is a platform for modern data teamwork. Its smart data catalog can wake up the hidden data workforce within every enterprise, unify silos, and create data-driven cultures faster. 

  • Eventador is a fully managed, enterprise-grade stream processing as a service platform that addresses a critical business problem: to alleviate the complexities and enable the building of applications that use real-time data at their core. Eventador enables developers to quickly create and painlessly manage real-time data pipelines to gain time-to-market, actionable insights and technology advantages.

  • Pilosa enables real-time retrieval of massive, fragmented datasets. Pilosa introduces the concept of splitting the index from the database by making the index a first-class citizen in the modern technology stack. Pilosa’s software can store a knowledge representation of underlying data in memory, making it orders of magnitude smaller and unimaginably fast.

  • ROIKOI built one of the first talent recommendation graphs. Companies use ROIKOI software and services to hire a more diverse set of candidates more efficiently than they could through sourcing platforms or job boards, and can find referral-quality candidates at a scale greater than traditional referral platforms.

  • Senseye is building a direct link between humans and computers. Senseye’s technology can read the brain wirelessly, providing a vast array of use cases and solutions for many key industries. They are working to enable you to use the human brain tomorrow the way a mouse and keyboard are used today.

  • Transmute is a decentralized app engine for enterprise development teams that can configure decentralized applications to work seamlessly with public and private clouds. The inevitable rise of Distributed Ledger Technology (DLT) and the resulting shift to decentralized applications will be as disruptive to enterprise IT as the transition to cloud computing. Transmute’s mission is to help customers use decentralization when and where it delivers real value, using code they’ve already written.   

“The six startups entering our inaugural Austin program are ready to scale innovative enterprise technologies, and we are looking forward to being a catalyst for their next phase of growth,” said JD Weinstein, head of the Oracle Global Startup Ecosystem in Austin. “We will work closely with each startup to create a personalized journey that enables them to tap into Oracle’s rich enterprise ecosystem, cloud solutions, global customers, and market expertise.”

The startups will work out of Oracle’s hub at Capital Factory and also benefit from Capital Factory’s network of local entrepreneurs, prominent CEOs, venture capitalists, corporate partners, and government officials.

The Oracle Global Startup Ecosystem enables startups to tailor their program experience based on their unique journey. The global program offers an immersive co-working environment, a virtual-style experience, and an approach that is a hybrid of the two. The Oracle Global Startup Ecosystem has co-working spaces in Austin, Bangalore, Bristol, Delhi, Mumbai, Paris, Sao Paolo, Singapore and Tel Aviv, and works with startups virtually in many other locations around the world.

Startup Founder Quotes
  • “We are honored to be selected into this exclusive startup program. Oracle can help us continue to innovate, scale, and improve our ability to help enterprises create data-driven cultures faster.” – Brett Hurt, CEO and Co-Founder, data.world

  • “Oracle can help accelerate our ability to scale with its vast global resources and technical and business expertise. It’s an incredibly exciting time for our company, as every day we see new real-time use cases and customers building increasingly complex line of business streaming applications.” – Kenny Gorman, Co-founder and CEO, Eventador

  • "We are incredibly excited to be given the opportunity to access Oracle’s vast global resources, technologies, and customer ecosystem. At this stage in our growth, this program is exactly what we need to help enterprises serve analytical type queries in real-time at scale." – HO Maycotte, CEO, Pilosa

  • "Oracle understands what we're working to accomplish and can provide us the resources and expertise across its cloud solutions, sales support, recruiting, and global customer ecosystem. It's an honor to be selected to this global program, and we look forward to a long-standing relationship with Oracle." – Andy Wolfe, CEO, ROIKOI

  • “Oracle can help accelerate our capabilities to scale with its leading cloud technologies and customer ecosystem. It’s an incredibly exciting time for our growth, as we continue to push the boundaries of neuroscience and technology.” – David Zakariaie CEO Senseye

  • “Being part of this global startup program will be invaluable for us. Not only will it allow us to work directly with Oracle Cloud and Oracle engineers to optimize our enterprise platform offering, but we will also benefit from Oracle’s vast global resources, customer ecosystem, and business expertise.” – Karyl Fowler, CEO, Transmute

Contact Info
Julia Allyn
Oracle Corporate Communications
+1.650.607.1338
julia.allyn@oracle.com
About Oracle

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

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Oracle and LinkedIn Collaborate to Improve Candidate and Employee Experience

Wed, 2018-10-10 07:00
Press Release
Oracle and LinkedIn Collaborate to Improve Candidate and Employee Experience Expanded relationship helps organizations address the challenges of today’s rapidly changing global talent marketplace

Redwood Shores, Calif.—Oct 10, 2018

Oracle and LinkedIn today announced that they are working together to help HR professionals meet the shifting demands of the talent economy. A series of new integrations between Oracle’s Human Capital Management Cloud (Oracle HCM Cloud) and Taleo Enterprise Edition, and LinkedIn, will help HR teams attract, engage and retain employees by growing their talent pool, improving the candidate experience, enhancing internal mobility and increasing career development opportunities.

“The world of work is rapidly changing, and this is creating new opportunities and challenges for talent leaders,” said Scott Roberts, Vice President of Business Development, LinkedIn. “We are excited to be working with Oracle to create better solutions to make hiring and developing talent as seamless and effective as possible.”

Technology continues to transform the global talent marketplace with the rise of automation and the shrinking shelf life of skills. To successfully manage these changes and address escalating recruitment costs and increasing employee turnover, HR teams need to swiftly evolve their strategies and technologies. The new integrations between LinkedIn and Oracle HCM Cloud and Taleo Enterprise Edition address this need by enabling HR teams to take a holistic view of their talent’s experience, skills and career aspirations in order to achieve a meaningful alignment between each employee’s job responsibilities and an organization’s overall business objectives. 

“The rapidly changing global talent market is forcing organizations across industries to rethink how they attract, engage and retain employees,” said Nagaraj Nadendla, Group Vice President, Product Development, Oracle. “Navigating these changes is one of the biggest challenges organizations face today and requires HR teams to take a holistic view of the candidate and employee experience. Working closely with LinkedIn, we are uniquely placed to help HR teams meet heightened candidate and employee expectations by combining future-proofed Oracle HCM Cloud and Taleo Enterprise platforms with one of the world’s largest talent marketplaces.”    

The new integrations between Oracle HCM Cloud and LinkedIn include:

  • Talent Profile Import: Helps organizations enhance internal talent mobility by enabling employees to choose to import key elements of their LinkedIn profiles into their Oracle HCM Cloud Talent Profile. 

  • Recommended Matches and Embedded Search: Helps organizations streamline recruitment by enabling LinkedIn Recruiter seat holders to search LinkedIn members and see those that best match a job requisition or project within Oracle Recruiting Cloud and Taleo Enterprise Edition.

  • Referral Recommendations: Improves the candidate experience by enabling candidates to apply for a job via Oracle Recruiting Cloud or Taleo Enterprise Edition and identify and contact (via InMail) their LinkedIn connections who can best refer them for that job.

  • Recruiter System Connect: Provides a seamless and efficient recruiter experience by surfacing transactional recruiting data, from both Oracle Recruiting Cloud and Taleo Enterprise Edition, as well as LinkedIn, in LinkedIn Recruiter.

  • Deeper Integration with Oracle Learning Cloud: Increases career development opportunities through access to LinkedIn Learning courses, automatic course catalog integrations, and up-to-date insight on learner engagement within Oracle Learning Cloud.

Part of Oracle Cloud Applications, Oracle HCM Cloud enables HR professionals to simplify the complex in order to meet the increasing expectations of an ever-changing workforce and business environment. By providing a complete and powerful platform that spans the entire employee life cycle, Oracle HCM Cloud helps HR professionals deliver superior employee experience, align people strategy to evolving business priorities, and cultivate a culture of continuous innovation.

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.

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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

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Simon Jones

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Survey Highlights 5G Adoption as Catalyst for Advanced Digital Service Ecosystems

Wed, 2018-10-10 07:00
Press Release
Survey Highlights 5G Adoption as Catalyst for Advanced Digital Service Ecosystems Oracle Study Identifies Key Services Opportunities, Including Smart Cities and Connected and Autonomous Vehicles

Redwood Shores, Calif.—Oct 10, 2018

Digital services dominate the current and future strategies of telecoms and enterprise companies across industries, according to a new Oracle Communications survey. In the Digital Services: Disrupt or Be Disrupted report, Oracle found nearly all organizations surveyed (96 percent) have already implemented, or are planning to implement, digital services in the next 12 months. Almost half (45 percent) are looking to deploy digital customer engagement tools within their mobile apps and websites to further advance their digital transformation in the same timeframe.

In September 2018, Oracle surveyed 292 individuals with decision-making authority for IT and communications software in their companies. Seventy-three percent of respondents were at the President/CxO or Director/Department head level. A total of 18 industries, from 14 countries, were represented, with half of those surveyed from telecom and the other half from computer software/equipment, education, healthcare, and manufacturing.

“The digital opportunity is clearly recognized by companies across all industries,” said Doug Suriano, senior vice president, general manager, Oracle Communications. “While telecom companies have significant experience providing digital services, they face the challenge of delivering differentiated new revenue streams in an agile manner. Other industries, who in many cases are beginning to offer digital subscriptions and services enabled by physical products, also find they need more sophisticated and modern digital services monetization systems to capitalize on their digital opportunity.”

Racing to Deliver Improved Digital Experiences

5G will accelerate opportunities: When looking to the future of high-speed, real-time, sensor-enabled digital services, respondents indicated that sensor-driven services such as those for smart cities and connected and autonomous vehicles are the top two opportunities for digital service ecosystems enabled by 5G technology. The number of non-telecoms companies exploring smart cities opportunities will rise from 34 percent today to 50 percent when 5G is enabled. The connected and autonomous vehicle opportunity will rise from 29 percent today to 46 percent when 5G is enabled. This illustrates the cross-industry value for such digital service ecosystems enabled by 5G adoption.

Speed and agility are key: Ninety-one percent of respondents prioritize speed to market over a fully integrated IT environment, with 69 percent preferring a lightweight solution that can be deployed quickly over a fully featured solution that takes much longer to deploy. Speed to market is critical, with half believing that launching new digitally enabled services should take days – not weeks or months.

Not launching services reduces competitiveness and risks disruption: Almost two-thirds (65 percent) reported reduced revenue growth as the greatest concern of not launching digitally enabled services, followed by 55 percent who said they will be unable to competitively differentiate in the market. Half are concerned about loss of brand perception and relevance.

More sophisticated pricing models are essential: For companies to drive sustainable market differentiation and revenue growth, the survey indicated that more sophisticated pricing models for digital services beyond simple subscriptions will be essential. Companies recognized the importance of packaging and bundling multiple products and/or digital services to create more compelling propositions. Respondents also emphasized the importance of usage/consumption-based charging followed closely by outcome/performance-based charging for such propositions.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Brent Curry
Hill+Knowlton Strategies
+1.312.255.9131
brent.curry@hkstrategies.com
About Oracle Communications

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

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

About Oracle

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

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Brent Curry

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Oracle and NVIDIA Bring the Power of the Cloud to the Next Generation of Analytics, Machine Learning and AI

Wed, 2018-10-10 05:00
Press Release
Oracle and NVIDIA Bring the Power of the Cloud to the Next Generation of Analytics, Machine Learning and AI First public cloud provider to support NVIDIA HGX-2 to give customers access to a unified data science, HPC and AI computing architecture

Munich, Germany – GPU Technology Conference—Oct 10, 2018

Oracle (NYSE:ORCL) and NVIDIA (NASDAQ: NVDA) today announced that Oracle is the first public cloud provider to support the NVIDIA HGX-2TM platform on Oracle Cloud Infrastructure, to meet the needs of the next generation of analytics, machine learning and AI. The companies are also announcing the general availability of support for GPU-accelerated deep learning and HPC containers from the NVIDIA GPU Cloud™ (NGC) container registry on Oracle Cloud Infrastructure.

From enabling autonomous vehicles to driving global climate simulations, rapid progress in AI and HPC has transformed entire industries while also demanding massive increases in complexity and compute power. HGX-2 is designed for multi-precision computing to accelerate the most demanding applications by unleashing 2 petaflops of computing power and half a terabyte (TB) of total GPU memory with 16 NVIDIA Tesla® V100 Tensor Core GPUs interconnected with NVSwitch™. Supporting HGX-2 on both Oracle Cloud Infrastructure bare-metal and virtual machine instances, Oracle and NVIDIA are helping customers solve the greatest AI and HPC challenges for the most complex workloads.

Oracle is also announcing support for RAPIDS™ open-source software introduced today by NVIDIA for executing end-to-end data science training pipelines accelerated on NVIDIA GPUs. RAPIDS is now generally available on Oracle Cloud Infrastructure via NGC. RAPIDS dramatically accelerates data science pipelines by moving workflows onto the GPU. This optimizes machine learning training with more iterations for better model accuracy. Data scientists can quickly integrate RAPIDS with hassle-free integration and minimal code changes, enabling them to significantly accelerate the Python data science toolchain. With this new offering and support for NGC containers, Oracle and NVIDIA are allowing customers to easily deploy containerized applications and frameworks for HPC, data science and AI and run them seamlessly on Oracle Cloud Infrastructure.

Oracle Cloud Infrastructure is also working with NVIDIA to support RAPIDS across its platform, including the Oracle Data Science Cloud, to further accelerate customers’ end to-end data science workflows. RAPIDS software runs seamlessly on the Oracle Cloud, allowing customers to support their HPC, AI and data science needs, all while taking advantage of the portfolio of GPU instances available on Oracle Cloud Infrastructure.

“We are very excited about this collaboration with NVIDIA. As the world of computing continues to push the boundaries of what’s possible, we are providing our customers with the software, tools and cloud infrastructure needed to solve the most complex challenges,” said Clay Magouyrk, senior vice president, software development, Oracle Cloud Infrastructure. “Whether you are an engineer, data scientist, researcher or developer, we are bringing the power of compute and cloud to your fingertips.

“This new collaboration with Oracle will help fuel incredible innovation across a wide range of industries,” said Ian Buck, vice president and general manager of Accelerated Computing at NVIDIA. “By taking advantage of NVIDIA’s latest technologies, Oracle is well positioned to meet surges in demand for GPU acceleration for deep learning, high-performance computing, data analytics and machine learning.”

Contact Info
Danielle Tarp
Oracle
+1.650.506.2905
danielle.tarp@oracle.com
Kristin Bryson
NVIDIA
+1.203.241.9190
kbryson@nvidia.com
About Oracle Cloud Infrastructure

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

About Oracle

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

About NVIDIA

NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI—the next era of computing—with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at http://nvidianews.nvidia.com/.

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Oracle and Java are registered trademarks of Oracle and/or its affiliates. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. 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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Certain statements in this press release including, but not limited to, statements as to: the benefits and impact of Oracle supporting the NVIDIA HGX-2 platform on Oracle Cloud Infrastructure and supporting RAPIDS; and the benefits, impact, and features of HGX-2 and RAPIDS software are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission, or SEC, including its Form 10-Q for the fiscal period ended July 29, 2018. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

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Kristin Bryson

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Al Nahdi Leverages Oracle Retail Science Cloud Services to Identify Revenue Opportunities and Reward Customer Loyalty

Tue, 2018-10-09 07:00
Press Release
Al Nahdi Leverages Oracle Retail Science Cloud Services to Identify Revenue Opportunities and Reward Customer Loyalty Artificial Intelligence and Machine Learning Power New Business Model That Correlates Customer Engagement and Efficacy of Marketing Campaigns

Redwood Shores, Calif.—Oct 9, 2018

Saudi Arabian pharmacy retailer Nahdi Medical Company has started utilizing the new marketing analytic models found on the Innovation Workbench, part of Oracle Retail Science Cloud Services, to develop customer churn analytics which will encourage repeat purchases.  With 85 million annual customers across stores in 125 cities, understanding customer churn and identifying revenue opportunities became more complex as Nahdi scaled operations. Al Nahdi has started creating a new business model incorporating artificial intelligence and machine learning to correlate customer engagement with marketing campaigns to identify low-churn customers and reward loyalty. The scale of the cloud-based Oracle Retail Science Platform, the flexibility of the Innovation Workbench and the power of artificial intelligence and machine learning allow Al Nahdi to posture for more strategic analysis of consumer behavior while minimizing manual queries as they continue to grow.

With this new model, Nahdi can better understand campaign effectiveness and its impact on driving store traffic, increasing market basket size and encouraging customer loyalty. Nahdi can measure the likelihood of churn that helps define long-term retention initiative and campaigns.  When using predictive churn probability, the business can flag customers for upcoming email campaigns and define targeted offers strategically within promotional campaigns. A common cloud-based retail science platform has significantly increased the speed to operationalizing innovation using a comprehensive retail data model in conjunction with productized sciences and Oracle’s industry-leading data science toolkit. These accelerators empowered the Nahdi team to focus on strategic initiatives that directly drive business growth, rather than spending cycles on technology, integration and data analysis. Nahdi has already implemented Advanced Clustering, Customer Segmentation, Customer Decision Trees and Demand Transferences to optimize the performance and processes with Oracle Retail Category Management. 

With Oracle Retail as a partner, Nahdi has all the tools necessary to focus on increasing value to their business through data science instead of building new solutions, algorithms, databases, and integrations.

“The Oracle Retail Innovation Workbench will allow us to leverage the latest artificial intelligence and machine learning to build our own predictive and cognitive analytics," said Dr. Khalid Tadlaoui, Vice President of Information Technology, Nahdi Medical Company.

“By taking the innovative Predictive models provided by Oracle Retail Science Cloud Service and couple them with our Analytics intellectual property, we’ll be able to understand and predict our guests’ behavior which will give us the opportunities to serve them better," said Dr. Ayman Abdalazem, Head of Business Intelligence and Analytics, Nahdi Medical Company.

Selecting a cloud platform for data science has enabled us to quickly implement the solution while minimizing technical debt and accelerating the value we extract for Nahdi Medical Company.

“Organizations are quickly understanding the value of the cloud to analyze consumer behavior as they wrestle with the complexity of their continued growth," said Mike Webster, senior vice president, and general manager, Oracle Retail. "Oracle Retail Science Cloud Services allow retailers to leverage AI, machine learning and decision science to detect trends, learn from results and increase their accuracy, adding contextual data to paint a clearer picture on what motivates consumers. Retailers can focus on increasing value to their business through data science instead of building new solutions, algorithms, databases, and integrations. Moreover, with a cloud delivery model, Al Nahdi can focus on driving a more strategic business while leveraging the latest industry innovations delivered by Oracle.”

Join Oracle Retail at ORIF Dubai Tuesday October 16

At Oracle Retail Industry Forum, retail executives gather to share deep domain expertise and best practices on the mission-critical applications that are core to their businesses and their success. Program content is focused on customers providing perspectives on identifying and overcoming complex industry challenges. Join us in Dubai on 16 October 2018. Registration is limited to retailers and our sponsor community.

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

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

About Oracle Retail

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

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

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Matt Torres

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Oracle’s AI-driven Risk Management Makes Corporate Finances More Secure

Thu, 2018-10-04 11:00
Press Release
Oracle’s AI-driven Risk Management Makes Corporate Finances More Secure Advanced Access Controls parlay AI to help finance teams bolster security and risk analysis

Redwood Shores, Calif.—Oct 4, 2018

To help protect customers from ever-increasing fraud and security threats, Oracle today unveiled the enterprise software industry’s first AI—driven security and risk management solution. Designed specifically for Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Risk Management Cloud’s new Advanced Access Controls enable organizations to continuously monitor for segregation of duties (SOD), financial compliance (SOX), privacy risks, proprietary information and payment risks.

The new controls embed self-learning, artificial intelligence (AI) techniques to constantly examine all users, roles and privileges against a library of active security rules. The offering includes more than 100 best practices (configurable rules) across general ledger, payables, receivables and fixed assets.

“As the pace of business accelerates, organizations can no longer rely on time-consuming manual processes, which leave them vulnerable to fraud and human error,” said Laeeq Ahmed, managing director at KPMG. “With adaptive capabilities and AI, products such as Oracle Risk Management Cloud can help organizations manage access controls and monitor activity at scale to protect valuable data and reduce exposure to risk.”

Key benefits of AI-driven Security & Risk Management include:

  • Continuous protection: Constant monitoring of user and application activity

  • Instant best practices: More than 100 proven ERP security rules

  • Self-learning: Embedded AI and self-learning for precise results

  • Augmented incident response: Ensures that issues are directed to analysts for tracking, investigation and closure

“On-going disruption in the marketplace and regulatory landscape presents continually evolving operational and financial risks,” said Bill Behen, principal at Grant Thornton. “Oracle’s unique approach to risk management and expertise applying AI technology enables organizations to securely move to the cloud and continuously protect their business from a host of external and internal threats.”

The pre-packaged audit-approved security rules automate access analysis during the role design phase to significantly accelerate ERP implementations. In addition, the intuitive workbench, visualization and simulation features within Advanced Access Controls make it easy to add new rules and further optimize user access. Once live, the solution continuously monitors and automatically routes incidents to security analysts.

To help customers analyze complex, recursive and dynamic security data across all users, roles and privileges, Advanced Access Controls uses graph-based analysis and self-learning algorithms. This enables organizations to accurately and reliably review and visualize the entire path by which any user is able to access and execute sensitive functions.

“Advanced Access Controls automate the time-consuming analysis needed to protect business data from insider threats, fraud, misuse and human error,” said Sid Sinha, vice president of Risk Management Cloud Product Strategy, at Oracle. “This service is part of an integrated, practical solution to effectively protect information in business applications using the latest data analysis and exception management techniques.”

For more information on Oracle Advanced Access Controls and Oracle Risk Management Cloud, go to cloud.oracle.com/risk-management-cloud.

To learn more about Risk Management Cloud at Oracle OpenWorld, please visit the sessions catalog.

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.

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Bill Rundle

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Local Governments to Modernize Community Development with Oracle Cloud

Thu, 2018-10-04 07:00
Press Release
Local Governments to Modernize Community Development with Oracle Cloud New Public Sector Community Development solution reduces permitting and licensing complexity to drive economic development

Redwood Shores, Calif.—Oct 4, 2018

Oracle has launched Oracle Public Sector Community Development, enabling local governments to improve quality-of-life for their constituents with faster, more efficient land management. A modern cloud-native application for state and local government agencies, the offering transforms cumbersome permitting and licensing into an end-to-end solution for reliable execution of building regulatory processes that can foster economic growth, while helping deliver public safety and accountability.

The new SaaS (Software-as-a-Service) application leverages Oracle’s scalable and secure cloud computing capabilities, advanced analytics and platform development services. The combination of market-leading, emerging technologies such as chatbots and artificial intelligence (AI), and pre-built, easy-to-configure applications, designed specifically for government agencies, modernizes how local government deliver services and results for their citizens and jurisdictions.

“Today’s digitally-savvy citizens and business owners expect to interact with their local government in the same way they do so with commercial companies offering multichannel, always available, 24/7 access to goods and services,” said Mark Johnson, senior vice president, Oracle Public Sector. “The Oracle Public Sector Community Development solution helps make this possible for state and local governments.”

Drive Economic Development While Helping Provide Compliance

Oracle Public Sector Community Development is a fully-configurable, built-for-purpose cloud solution for state and local government that:

  • Modernizes the compliance and regulatory process for land-use and building infrastructure, focusing first on building permits and inspections.

  • Accommodates diverse permit types and associated workflows that are easily configurable and extensible to each agency’s unique needs through built-in process automation tools from Oracle Integration Cloud, designed for use by departmental staff—not constrained IT personnel.

  • Allows frictionless interactions between the public and local government with an intuitive, role-based user experience on any device, enhanced with guided interactions and natural voice interactions.

  • Increases strategic insight and enables better decision making through contextually relevant data visualization, leveraging Oracle’s business intelligence and analytics.

  • Provides deeper permit understanding and greater processing efficiency through integration with Esri’s ArcGIS developer API. Esri is an established provider of location intelligence.

  • Empowers inspectors to ensure public safety and accountability with a mobile application, enforcing code compliance quickly and easily while accelerating occupancy rates.

Lower Costs and Innovate Faster

Oracle Public Sector Community Development is offered as a subscription cloud service. This eliminates the need for capital expenditures, enabling government to innovate faster, and lowers the total cost of ownership since cloud services are rapid to deploy and easy to maintain. “As-a-service” solutions lower the demand on IT staff, scale with the growth of a city or county, and allow government agencies to continuously receive new functionality.

“Governments face technology demands from two directions,” wrote Gartner in a recent report1. “The first is from employees, with consumer technology and employee expectations having surpassed enterprise technology and government workplace experiences. The second is from the pace of technology generally, where expectations of citizens and commercial services have outstripped governments’ ability to keep pace.”

Leveraging its unique scale and extensive investments in research and development, Oracle will continue to rapidly deliver new capabilities to market. Oracle’s roadmap includes expanding its Community Development offerings to include planning and zoning and code enforcement functionality and delivering new applications that address additional regulatory challenges at the local and state level, including business and professional licenses.

By employing open standards and building on the common technology foundation of Oracle’s robust cloud applications for finance, citizen services, procurement, and human capital management, governments can streamline operations and deploy integrated, extensible, end to end cross-agency processes that facilitate a holistic digital platform effort.

Today, thousands of public sector customers use Oracle’s digital solutions to transform how their constituents engage with government. Across the nation, cities and states have harnessed the power of cloud, IoT and analytics and big data to predict and prepare for a better future for all citizens. Read their stories here.  

For more information, go to www.oracle.com/communitydevelopment.

1 Source, Gartner, Inc., A Master CIO in Government, Rick Holgate, Alia Mendonsa, and Alvaro Mello, February 23, 2018.

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

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

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

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Katie Barron

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Oracle Rolls Out Autonomous NoSQL Database Service

Tue, 2018-10-02 07:00
Press Release
Oracle Rolls Out Autonomous NoSQL Database Service Oracle’s self-driving NoSQL database empowers developers to easily build modern applications with high availability and lower cost than Amazon DynamoDB

Redwood Shores, Calif.—Oct 2, 2018

Oracle today announced the availability of Oracle Autonomous NoSQL Database, the newest addition to the Oracle Autonomous Database portfolio. Designed for workloads needing fast and predictable responses to simple operations, the self-driving database service enables developers to easily deploy massive-scale applications, including UI personalization, shopping carts, online fraud detection, gaming, and advertising. Using innovative machine learning and automation capabilities, Oracle Autonomous NoSQL Database delivers a significantly more reliable NoSQL database with 99.95 percent availability and is up to 70 percent lower cost than Amazon DynamoDB1.

The fully managed Oracle Autonomous NoSQL Database handles NoSQL applications that require low latency, data model flexibility, and elastic scaling. Using simple APIs, developers can focus on application development without having to worry about managing servers, storage expansion, cluster deployments, software installation, or backup. Developers can simply specify the throughput and capacity that they wish to provision, and resources are allocated and scaled accordingly to meet dynamic workload requirements.

“We continue to leverage our revolutionary autonomous capabilities to transform the database market," said Andrew Mendelsohn, executive vice president, Oracle Database. "Our latest self-driving database cloud service, Oracle Autonomous NoSQL Database, provides extreme reliability and performance at very low costs to achieve a highly flexible application development framework.”

Oracle Autonomous Database offers exceptional performance while helping reduce risk and costs for enterprises. Running on Oracle Cloud Infrastructure, the autonomous database portfolio is self-driving, self-securing, and self-repairing to automate key management processes including patching, tuning and upgrading to keep critical infrastructure automatically running. Oracle Autonomous NoSQL joins Oracle Autonomous Transaction Processing and Oracle Autonomous Data Warehouse, which became available earlier this year. Each database cloud service is tuned to a specific workload.

Oracle Autonomous NoSQL Database provides a wealth of features to meet the needs of today’s developers:

  • Modern: A developer-oriented solution, Oracle Autonomous NoSQL Database is designed for flexibility. The database supports key value APIs including simple declarative SQL API and command line interfaces along with flexible data models for data representation including relational and ad-hoc JSON.

  • Open: The service provides a non-proprietary SQL language, delivering innovative interoperability between standard relational and standard JSON data models. Users also have deployment options to run the same application in the cloud or on-premises with no platform lock-in.

  • Easy: With an available SDK and support for popular languages including Python, Node.JS and Java, Oracle offers a no hassle application development solution to easily connect to Oracle Autonomous NoSQL Database.

1 Cost reference is for read-only workloads.

Contact Info
Dan Muñoz
Oracle
+1.650.506.2904
dan.munoz@oracle.com
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com
About Oracle

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

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

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Nicole Maloney

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Oracle Food and Beverage Enables Continued Innovation with Omnivore Integration

Mon, 2018-10-01 07:00
Press Release
Oracle Food and Beverage Enables Continued Innovation with Omnivore Integration Easy Integrations Allow Restaurant Operators to Extend Value of Point-of-Sale Investment with Third Party Solutions

Redwood Shores, Calif.—Oct 1, 2018

Oracle Food and Beverage has collaborated with Omnivore, a universal point of sale (POS) connection for restaurant app development and a Gold level member of Oracle PartnerNetwork (OPN), to encourage restaurant operators to develop differentiated customer experiences and further streamline operations with their Oracle Food and Beverage investment. With this Omnivore connection, restaurant operators can easily take advantage of an ecosystem of third party solutions through a single point of integration into the Oracle Food and Beverage Simphony restaurant management platform.   

“Guests are demanding engaging and personalized experiences from dining establishments and we believe continuous implementation of technology is essential to helping restaurant operators keep pace,” said Chris Adams, vice president of strategy, Oracle Food and Beverage. “Through our collaboration with Omnivore, Oracle Food and Beverage is accelerating innovation in the restaurant community by making it easier than ever for operators to take advantage of the latest third party solutions.”

Omnivore connects restaurant point of sale to over 150 restaurant technologies, aligning brands with consumer, staff and support center needs in order to grow transactions while minimizing expenses.

"Together, Omnivore and Oracle Food and Beverage bring merchants a true open, best-of-breed POS technology platform, giving restaurants access to the best available technologies to meet even the most creative brands' digital needs," said Mike Wior, CEO, Omnivore.  “We’re proud to help Oracle customers navigate innovative third party solutions within a rapidly evolving digital landscape.”

Together Oracle and Omnivore are enabling operators to create a unique technology footprint that will enable restaurants to establish a competitive differentiation that reflects their guest experience. By creating a single source of integration into Oracle Food and Beverage restaurant management software and POS hardware, operators can leverage Omnivore to further streamline operations and quickly deploy new technologies faster than ever.

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

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

About Oracle Food and Beverage

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

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

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

About Omnivore

Revolutionizing the worlds of hospitality and retail, Omnivore connects a retailer’s point-of-sale (POS) with new technologies, driving engagement through the full lifecycle of the consumer experience. Omnivore’s cloud-based platform enables a single integration through their API, seamlessly facilitating the connections to POS systems now and into the future. The platform helps restaurants discover apps for payment, reservations, delivery, loyalty, analytics and more to connect with millions of consumers around the world. Omnivore enables access to real-time, quality consumer level point of purchase intelligence. Located in the San Francisco Bay area, Omnivore is a privately held company. Visit omnivore.io.

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Matt Torres

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Oracle Will Seek Affirmation of Cost Award in the United States Supreme Court

Thu, 2018-09-27 10:32
Press Release
Oracle Will Seek Affirmation of Cost Award in the United States Supreme Court

Redwood Shores, Calif.—Sep 27, 2018

Today’s United States Supreme Court grant of certiorari in the Rimini Street case is limited to a narrow issue regarding an award of more than $12 million in litigation costs that Rimini Street was ordered to pay to Oracle. This award came after a jury found that Rimini Street infringed 93 Oracle copyrights, and this costs appeal has zero impact on the resolved issue that Rimini Street infringed 93 copyrights and the jury award of compensatory damages.

In 2016, the trial court found that Oracle was entitled to an award of attorneys’ fees and costs “because of Rimini’s repeated instances of copyright infringement and its significant litigation misconduct.” While the Supreme Court will take up this narrow costs issue as a matter of law, the underlying conduct is not in question.

“We look forward to addressing this costs issue in our nation’s highest court, and we believe that the Court should reject the attempt by Rimini Street—a dishonest, serial infringer—to avoid fully compensating Oracle for Rimini’s misconduct,” said Dorian Daley, Oracle’s Executive Vice President and General Counsel.

Contact Info
Deborah Hellinger
Oracle Corporate Communications
+1 212.508.7935
deborah.hellinger@oracle.com
About Oracle

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

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

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