Oracle Archives

September 19, 2022

Global narrow fabric provider for leading intimates, swimwear, and activewear brands uses Oracle Autonomous Database to boost real-time insights, increase agility, and achieve faster decision making.

Colombo, Sri Lanka – September 13, 2022: Stretchline Holdings, the world’s largest manufacturer of the narrow elasticated fabric used by many of the world’s leading intimates, swimwear, and activewear brands, has gone live with Oracle Autonomous Database for analytics and data warehousing (ADW) on Oracle Cloud Infrastructure (OCI) to create a single, near real-time view of its data as well as automate and streamline processes to boost decision making. With these services, Stretchline can consolidate data from its ten manufacturing plants in just 1.5 days compared to 7-8 days. Its Group Finance team has gained timely access to clean, comprehensive, and accurate data. The new semi-automated flows will ensure timely availability of the global Stretchline data, which the Operating Board and the management can use to monitor the company’s performance and make data-driven decisions.

With interest in activewear increasing, a rise in the number of people working from home, and global supply chains severely disrupted, the company wanted to boost its analytic capabilities to anticipate customer demand better. After evaluating solutions from various providers, Stretchline selected Oracle’s machine-learning-powered, self-managing, autonomous data warehouse for its superior performance, agility, high availability, and built-in security.

“We work closely with many well-known apparel brands to innovate, anticipate trends, and ensure the supply of the elastomeric products they need to help them respond and meet the needs of their customer base. To ensure that we understand their challenges and our own, we needed to re-think and re-imagine how we collect, process, manage and use data. We need to democratize our analytics capabilities internally, so we can put insights into the hands of all those who need them to run their business,” Shanaka Rabel, Group Chief Digital and Transformation Officer, Stretchline Holdings. “With ADW on OCI, we have been able to create a central ‘data lake’ that has significantly improved our reporting abilities and time. This has influenced a positive change to collect any missing data at the origin and standardize our metrics for success across the company. It has also enabled us to streamline and improve our value stream, helping us identify which plant produces what (where possible) to fulfil customer orders, speeding up delivery times, and reducing costs.”

By leveraging ADW and Oracle Data Integrator (ODI), Stretchline now has a highly responsive, resilient, and scalable cloud-based system that streamlines and automates reporting and data reconciliation processes; and report generation now takes 4X less time than previously. At the group level, this has helped the finance team to focus more on financial analysis and risk scenarios using data patterns and metrics. Additionally, access to critical data and insights enable the Operating Board to make better strategic decisions.

“Today, organizations have more access to data than ever before but having to process and consolidate data from multiple sources is often time-consuming and error-prone, slowing down decision making,” said Nalin Sikurajapathy, Head of Technology – Sri Lanka & Maldives, Oracle. “With ADW on OCI, Stretchline can now take advantage of the embedded machine-learning and AI capabilities of Oracle Autonomous Database to accelerate decision making, improve productivity, quickly respond to changing customer needs, and tap new business opportunities.”

Altria Consulting (Pvt) Ltd, a member of Oracle PartnerNetwork (OPN), implemented the project for Stretchline Holdings. For the next stage, Stretchline aims to automate other operational systems within the organization to go fully digital within the next few years.

May 13, 2022

Telecommunications group digitizes HR systems on Oracle to support its global workforce

Nokia has selected Oracle Fusion Cloud Human Capital Management (HCM) to consolidate and replace its Human Resources systems in the cloud as part of its global digitalization program. Nokia will use a worldwide deployment of Oracle Cloud HCM to manage all HR processes, including recruitment, compensation, and performance management, for the company’s global workforce in its 130 countries of operation.

In 2021, Nokia launched its ‘One Nokia Digital’ strategy to support the company’s competitiveness by digitalizing its operations. As part of these efforts Nokia will replace its on-premises HR systems with Oracle Cloud HCM. Nokia selected Oracle Cloud HCM for its ability to standardize HR processes on a common data platform, which will enable Nokia to provide a consistent employee experience across teams and more easily manage and scale HR services globally.

“Optimizing employee care and experience is a central part of our people strategy. Our aim is to deliver organizational agility, a seamless employee experience, and efficiency gains that support Nokia’s competitiveness. We are delighted to partner with Oracle because Oracle Cloud HCM provides a strong foundation to build digital experiences with true user-centricity,” said Lisbeth Nielsen, Head of People Experience at Nokia.

“By leveraging best-of-breed solutions like Oracle Cloud HCM, we want to bring Nokia to the next level of digital maturity. The implementation will contribute to increased efficiency and productivity and will provide AI and data capabilities that we can take advantage of to develop business performance and agility,” said Alan Triggs, Nokia Chief Digital Officer.

Oracle Cloud HCM will enable Nokia to connect every process across the employee lifecycle, helping improve decision-making and reduce operational costs. With AI-powered technology such as digital assistants and hundreds of new capabilities added each quarter, Oracle Cloud HCM will also enable Nokia to take advantage of the latest innovations and best practices to operate its business more efficiently and better empower Nokia employees, people managers and HR professionals.

“Nokia has a culture of innovation that has enabled it to lead its industry for years, and with Oracle Cloud HCM it now has an integrated platform, powered by the latest emerging technologies, to support its current and future HR needs,” said Cormac Watters, EVP Applications EMEA at Oracle.

March 22, 2022

Global organizations, including Vodafone and Samsung Securities, use OCI to run all types of workloads with significantly better price-performance

Singapore, March 17, 2022 — Already, leading global organizations including Vodafone and Samsung Securities, rely on OCI to run all types of workloads, from microservices to AI. To bring users more value from their cloud investments, Oracle today announced that it is expanding its Oracle Cloud Infrastructure (OCI) service portfolio to provide customers with truly flexible core infrastructure services to help optimize resources to meet requirements and significantly reduce costs. Eleven new compute, networking, and storage, services and capabilities will enable customers to run their workloads faster and more securely at lower cost. Additionally, a new Oracle Exadata Cloud@Customer capability, will further help lower costs through better infrastructure utilization, by giving the ability to add Autonomous Database to the existing deployments.

Global cloud adoption continues to expand rapidly as business models transform and the demand for secure remote technology accelerates. However, a variety of prevailing public cloud misconceptions are still holding companies back from realizing the full benefits of the cloud. For instance, one commonly held belief is that customers have to re-write their applications for the cloud and deal with complex pricing models to reap the benefits of cloud computing. Additionally, many organizations believe that a series of different technology choices have to be made as they scale their operations. With today’s announcement, OCI is providing customers with even more simplicity and flexibility so that scaling can be affordable and easy without painstaking re-writes.

New Innovations Across Compute, Networking and Storage

The 11 new OCI services and capabilities planned for 2022 include new flexible block storage volumes that automatically tune the performance characteristics in response to fluctuating demand – a first for the industry. Also being introduced are new compute options for most workloads, from a fractional single-core VM that can burst to full-core performance, to an entire HPC cluster with high-speed interconnects. For full detail see the complete product press release.

“OCI continues to break the rules in the cloud, helping customers run their workloads faster, more securely, and more economically,” said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure. “Customers can build cloud native apps on OCI with support for open, standards-based Kubernetes, while AI and high-performance computing customers can build some of the fastest computing clusters in the cloud.”

“With the breadth of customers that we have and the different workloads they’re running on OCI, they are counting on Oracle to take the complexity out of mission critical activities,” said Chris Chelliah, Senior Vice President Customer Strategy, Oracle Japan and Asia Pacific. “They need to be able to run different kinds of workloads, without having to assemble a myriad of different services or re-platform applications. What we are bringing across compute, storage and networking, and the new Exadata C@C capability is flexibility, while continuing to deliver the best possible price performance.”

Customer and Analyst Commentary

“OCI has enabled us to increase the number of Monte Carlo simulations we are able to run by 25 percent,” said Ian Brunton, Application Development Group Leader, Oracle Red Bull Racing. “By leveraging a modern technology stack, utilising the power and flexibility of Kubernetes, we can scale up our simulation platform whilst keeping costs within the tight spending regulations defined by the sport.”

“The promise of the cloud has always been paying for only what you need, but customers continue to over-provision due to rigid configuration options in most cloud platforms,” said Dave McCarthy, research vice president, Cloud and Edge Infrastructure Services, IDC. “OCI has made significant strides to address this problem by introducing new flexible compute, storage, and network infrastructure services over the last year. OCI customers can reduce costs by more accurately matching consumption to demand.”

Multiple-VM Autonomous Database on Oracle Exadata Cloud@Customer

With Multiple-VM Autonomous Database on Oracle Exadata Cloud@Customer organizations have the flexibility to now create and run isolated, highly available Autonomous Database instances on a cluster of virtual machines concurrently with other Oracle Databases. The VM clusters allow customers to add Autonomous Database to their existing Exadata Cloud@Customer deployment, lowering the cost through better infrastructure utilization and delivering a complete set of capabilities to support all modern data types, workloads, and development styles, simplifying the development and operation of applications.

“We are focused on solving difficult data management problems that make modern applications and analytics hard to develop and run,” said Juan Loaiza, executive vice president, Mission Critical Database Technologies, Oracle. “With Multiple-VM Autonomous Database clusters on the same Exadata Cloud@Customer infrastructure, customers can easily develop new, cloud-native applications and upgrade existing databases to Autonomous Database when the databases, applications, and processes are ready.”

Multiple-VM Autonomous Database is available at no charge via an over the air update for existing Exadata Cloud@Customer customers. For full detail see the complete product press release.

March 11, 2022

Total Revenue $10.5 billion, up 4% and up 7% in constant currency

Total Cloud Revenue (IaaS plus SaaS) of $2.8 billion, up 24% and up 26% in constant currency

Fusion ERP Cloud Revenue up 33% and up 35% in constant currency

NetSuite ERP Cloud Revenue up 27% and up 29% in constant currency

Oracle Corporation (NYSE: ORCL) today announced fiscal 2022 Q3 results. Total quarterly revenues were up 4% year-over-year in USD and up 7% in constant currency to $10.5 billion. Cloud services and license support revenues were up 5% in USD and up 8% in constant currency to $7.6 billion. Cloud license and on-premise license revenues were up 1% in USD and up 4% in constant currency to $1.3 billion.

Q3 GAAP operating income was $3.8 billion, down 1% in USD and up 3% in constant currency. Non-GAAP operating income was $4.8 billion, up 1% in USD and up 4% in constant currency. GAAP operating margin was 36%, and non-GAAP operating margin was 46%. GAAP net income was $2.3 billion, and non-GAAP net income was $3.1 billion.

Q3 GAAP earnings per share was $0.84 while non-GAAP earnings per share was $1.13, down 3% in USD and up 1% in constant currency. Q3 earnings per share was lowered by $0.05 primarily because of a decline in the share price of revolutionary gene sequencing company Oxford Nanopore, and an operating loss at Ampere, the maker of the world’s fastest ARM Server Chips. We remain confident that our investments in these two cutting-edge technology companies will deliver very strong returns for Oracle.

Short-term deferred revenues were $7.9 billion. Operating cash flow was $10.4 billion during the trailing twelve months.

“In Q3, Oracle delivered over 7% constant currency revenue growth—our highest quarterly organic revenue growth rate since we began our transition to the cloud,” said Oracle CEO, Safra Catz. “This strong top line growth was coupled with a solid non-GAAP constant currency operating profit growth of 4%, but the big story is that our overall revenue growth is being driven by both our rapidly growing Cloud Infrastructure and Cloud Applications businesses. Q3 Cloud Infrastructure revenue was up 47% in constant currency. Q3 Cloud Applications growth was led by Fusion ERP, which was up 35% in constant currency and NetSuite ERP which was up 29% in constant currency. Total Cloud revenue which includes Cloud Infrastructure and Cloud Applications is now over $11 billion a year.”

“In Q3, Oracle completed development of the multi-cloud version of our MySQL HeatWave open-source database,” said Oracle Chairman and CTO, Larry Ellison. “The MySQL HeatWave database is already running in the Oracle Gen2 Cloud. In a few weeks, MySQL HeatWave will also be available in the Amazon Cloud and the Microsoft Azure Cloud. MySQL HeatWave was designed to compete with Amazon’s version of MySQL called Aurora, Snowflake and other popular cloud databases. What customer and database analysts are saying about Oracle’s new MySQL HeatWave database is simply astonishing. Here are a couple of examples of what the database analysts are saying.”

“Oracle have shown AWS, Snowflake and other database providers how to design and architect a True MySQL Cloud Database. Customers can expect MySQL HeatWave to perform about 7 times faster than Amazon Redshift or Snowflake at 2-5 times lower cost. The benefits over Amazon Aurora are even greater.”

The following is an approved quote from the database analysts at Wikibon:

“We believe that the technology underlying MySQL HeatWave is an inflection point in database design and architecture. The MySQL HeatWave technology is by far the best in the market now, and we believe that the MySQL HeatWave competitive advantage is sustainable for at least three years. We also believe customers will demand that AWS provide similar converged functionality as HeatWave.”

The board of directors declared a quarterly cash dividend of $0.32 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on April 8, 2022, with a payment date of April 21, 2022.

February 17, 2022

New capabilities in Oracle Fusion Cloud Supply Chain & Manufacturing enable customers to minimize costs, reduce risk, improve customer experience, and navigate disruptions

Austin, Texas, February 14, 2022 — To help organizations increase efficiency and value across their global supply chains, Oracle today announced new logistics management capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The updates to Oracle Fusion Cloud Transportation Management and Oracle Fusion Cloud Global Trade Management can help organizations reduce costs and risk, improve customer experience, and become more adaptable to business disruptions.

The unpredictability of the past two years has created major logistics-related challenges for organizations as they navigate large fluctuations in supply and demand and major disruptions to their distribution networks. This has resulted in rising logistics costs and has also impacted organizations’ relationships with customers – in fact, a recent Oracle survey found that 87 percent of people have been negatively impacted by supply chain issues over the past year.

“Western Digital has multiple manufacturing locations in the U.S. and Asia, handling more than half a million shipments every year. Our supply chain ecosystem is extremely complex with multiple end markets each having unique service needs, and the disruptive events of the past two years added to that complexity on an exponential scale,” said Joseph Hodges, Director of Logistics Center of Excellence, Western Digital. “With Oracle Transportation Management as our foundation we have been able to streamline logistics processes and customer support, quickly achieving significant results – including reducing cost and service disruption through expansion of our partner base, implementing on-demand spot bidding, and dynamically shifting modes while operating with 90 percent touch-free automation in the last fiscal year. In addition, Oracle Transportation Management’s built-in machine learning capabilities have helped improve ETA accuracy from 64 percent to 93 percent, which is an invaluable result in terms of an improved customer experience.”

Oracle Transportation Management and Oracle Global Trade Management are continuously innovating to help organizations address logistics management challenges. Below are details on the new capabilities, which will help customers improve order fulfillment accuracy, reduce logistics costs, enhance the customer experience, and manage risk associated with unforeseen changes across their supply chains:

Intelligent Transit Time Predictions: A new machine learning algorithm in Oracle Transportation Management will enable users to evaluate the potential impact of both macro-level interruptions (including extreme weather or airport delays) and network-level disruptions (such as labor and capacity shortages). This can help customers more accurately predict delivery times and lower costs associated with delays, expedited shipments, and additional safety stock.
Enhanced Shipment Capabilities: Supply chain leaders can simplify and automate transportation processes for shipments. New capabilities include automated spot bidding and the ability to combine and track multiple shipments in Oracle Transportation Management, and automated global trade analysis on trade agreements in Oracle Global Trade Management. By automating and simplifying these previously manual processes, the new capabilities can help customers reduce human errors, freight costs, and shipment delays.
Multi-Language Digital Assistant: Real-time, multi-lingual response capabilities within Oracle Logistics Digital Assistant – a key feature across Oracle Transportation Management and Oracle Global Trade Management – enable organizations to provide faster and more accurate information and standardize responses to inquiries in their customers’ native languages. By offering high-quality, global customer service without the need for additional IT resources, organizations are able to reduce operational costs and quickly respond to customers, regardless of geographical location or language.
Advanced Transportation and Global Trade Analytics: New advanced analytics capabilities enable customers to quickly access, analyze, and interpret highly accurate transportation and global trade data. This helps to increase cost savings, improve logistics planning, and enable better-informed business decisions.

“While the volatile business environment of the past two years will continue to shape supply chain strategies, accurately managing the crucial transportation and shipping functions will always remain a top priority for our customers,” said Derek Gittoes, vice president of supply chain management product strategy, Oracle. “The new capabilities in Oracle Transportation Management and Oracle Global Trade Management deliver a double benefit, as they help customers streamline their logistics operations while minimizing the associated risks. With these capabilities, we’re underscoring our commitment to continuous innovation and helping our customers navigate today’s business landscape to continue growing their businesses.”

Oracle’s logistics solutions, including Oracle Transportation Management, Oracle Global Trade Management, and Oracle Fusion Cloud Warehouse Management, help customers manage sustainable transportation, global trade, and distribution processes. As a result, customers can maximize perfect order fulfillment and minimize logistics costs while navigating business disruptions.

For additional information on Oracle Cloud SCM and Oracle’s logistics offerings, please visit www.oracle.com/scm or the Oracle Supply Chain Management Blog.

October 28, 2021

Collaboration aims to accelerate cloud adoption in one of the continent’s fastest-growing regions

CASABLANCA, Morocco, October 28, 2021/ — Oracle and Orange (www.Orange.com) today announced that they have signed a collaboration agreement as part of a joint plan to accelerate cloud-led digital transformation in West Africa.

Under the agreement, the two companies will assess plans to build Oracle Cloud regions (https://bit.ly/2ZATWqB) using Orange’s infrastructure in Senegal and Ivory Coast. This aligns with a common objective of ensuring that all customer data is hosted locally, providing customers with cloud services that meet their data latency and performance requirements.

The companies also announced plans to jointly offer cloud services for enterprises and public sector organizations in the West Africa, starting with offerings in Senegal and Ivory Coast. For this initiative, Orange plans to use Oracle Cloud Infrastructure (OCI) to complement its portfolio of enterprise-grade managed cloud services.

Orange has an extensive footprint in West Africa, reaching more than 130 million customers in the region, and its B2B services are supported by its extensive network as well as capabilities including Internet of Things, applications, cybersecurity, cloud, and data center management. Oracle Cloud Infrastructure, with its built-in security, high performance and availability, is ideally suited for mission-critical and cloud-native workloads in enterprise and public sector environments.

The planned joint go-to-market model is intended to support West African enterprises and public organizations in addressing the challenge of digital transformation through advanced cloud services, enabling operational efficiency, lower costs, and high security standards.

The two companies also plan to collaborate on a project to migrate part of Orange’s internal applications onto Oracle Cloud in order to generate greater efficiencies through digitalization, particularly in administrative processes. Discussions are ongoing to jointly define the scope, conditions and feasibility of this strategic step, which has the potential to generate considerable synergies across the Group’s footprint in the region.

Finally, Oracle and Orange intend to jointly promote their health solutions, especially in the area of vaccination. Such cooperation has the potential to bring considerable benefits to local populations, particularly in the light of the ongoing Covid19 pandemic, through a fully-digitalized process and improved stock management.

“We strongly believe that digital technology is a catalyst for economic transformation on the African continent, contributing to sustainable employment and socio-economic development. Cloud infrastructure is one of the key solutions Orange brings to companies and public institutions in its role as a multi-service operator. Oracle’s industry-recognized solutions should bring additional value to Orange’s Cloud portfolio,” said Alioune Ndiaye, Chairman and CEO, Orange Middle-East and Africa.

“With improved bandwidth access, and increased awareness of the benefits of cloud computing, organizations in the West and Sub-Saharan Africa region have begun exploring migrating workloads to the cloud. This initiative with Orange is an important step toward introducing world-class cloud infrastructure in the region,” said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure.

“As organizations in West Africa start their digital transformations, we look forward to joining with Orange to offer a rich portfolio of cloud infrastructure services,” said Jonathan Tikochinsky, executive vice president, Global Strategic Clients Group at Oracle. “This partnership brings the power of Oracle’s OCI services and Orange’s extensive managed cloud services that will empower organizations to take advantage of the efficiency, cost savings and increased security that the cloud provides.”

Distributed by APO Group on behalf of Orange.

October 14, 2021

Customers including Toyota Mapmaster, Hyundai Home Shopping, Korea Credit Bureau, Chorocmaeul, EdgeQ Inc., Carpet Court, Impos Solutions, and ManagePay turning to Oracle Cloud Infrastructure to take advantage of strong price-performance, reliability, scalability and security benefits

Singapore – October 12, 2021 – An increasing number of customers in Japan and Asia Pacific are turning to Oracle Cloud to reap its strong price-performance, reliability, scalability and security and the business benefits these bring. Customers that have turned to Oracle Cloud Infrastructure to help them run their businesses in the last quarter in the region include Toyota Mapmaster, Hyundai Home Shopping, Korea Credit Bureau, Chorocmaeul, EdgeQ Inc., Carpet Court, Impos Solutions and ManagePay.

They represent just a fraction of the strong customer demand for Oracle Cloud services worldwide that is driving today’s announcement detailing Oracle’s plan to expand its cloud region footprint. As part of this, Oracle will open 14 cloud regions with new locations across Europe, the Middle East, Asia Pacific, and Latin America. Upcoming cloud regions include Milan (Italy), Stockholm (Sweden), Marseille (France), Spain, Singapore (Singapore), Johannesburg (South Africa), Jerusalem (Israel), Mexico, and Colombia. Additional second regions will open in Abu Dhabi (UAE), Saudi Arabia, France, Israel, and Chile. Oracle plans to have at least 44 cloud regions by the end of 2022, continuing one of the fastest expansions of any major cloud provider. [For the full announcement click here.]

“We have seen tremendous growth for Oracle Cloud Infrastructure over the past year,” said Chris Chelliah, Senior Vice President, Strategy & Business Development, Oracle Japan & Asia Pacific. “As customers move to Oracle Cloud they are realising that not all clouds are the same. As well as providing by far the easiest and the fastest platform for migrating enterprise applications, there is growing recognition that adopting a multi-cloud strategy with Oracle’s hybrid cloud portfolio delivers clear cloud and data economics, scale on demand, stringent security, plus the services and SLAs customers need for mission critical workloads, helping de-risk their overall cloud strategy.”

What customers are saying:

Carpet Court is the largest flooring retailer in Australia, with more than 200 stores.

“The reason we made the shift to OCI was 50% the technology, but the other 50% being confident that the solution aligned with our vision for growth,” said Mark Hogan, CFO, Carpet Court

India-based EdgeQ is a leader in 5G wireless infrastructure.

“We are pioneering a base station-on-a-chip that brings 5G and artificial intelligence together in a programmable, scalable platform. To manage complex chip design across a highly matrixed global organization, we chose OCI to handle the many compute and memory-intensive simulations, while meeting customers’ demanding expectations and timelines. Using OCI, we are better able to achieve our performance and service goals, while also benefiting from a transparent, predictable and affordable pricing structure,” said Hariprasad Gangadharan, Head of Silicon Engineering, EdgeQ Inc.

ManagePay Systems Berhad (MPay) is Malaysia’s leading fintech and payment solution enterprise.

“SMEs are losing out in the digital economy – most can’t afford the high cost of developing the technology to digitise their businesses and lack the talent to operate and maintain such systems. We provide a complete ecosystem to help level the playing field and bring their products to market digitally,” said, Datuk Chew Chee Seng, MPay Founder and Managing Director. “This is increasingly essential given the current environment and growing pressures to continue to operate online. We chose Oracle Cloud because its performance, reliability, predictable low cost and strong security credentials.”

Chorocmaeul (Green Village) is one of Korea’s largest eco-friendly, organic food retailers.

“To realize our company vision of connecting cities with farming villages via healthy food, we proactively explore eco-friendly farms and pioneer sales channels to help achieve this goal. We believe that company-wide digital transformation will allow us to further catalyze such processes,” said Gyu-won Hyun, Head of the Information Strategy Team at Chorocmaeul. “Taking Oracle Exadata Cloud Service adoption as the first step, we plan to further improve our infrastructure so that we can leverage scalable and secure cloud services to support various areas of focus including online marketing.”

Oracle Cloud in JAPAC

Already, in Asia Pacific, South Korea, Japan, India, and Australia already have two cloud regions. To help customers build true business continuity and disaster protection, while helping them address their in-country data residence requirements.

These facilities also achieved the accreditations required to fully support public sector organisations in their need to conform with data sovereignty requirements.

Japan – OCI, including Oracle Exadata Cloud@Customer, is registered in the “Information system Security Management and Assessment Program (ISMAP).
Australia – Oracle has completed IRAP Assessment at PROTECTED Level for Oracle Cloud Infrastructure and key components of Oracle Fusion Cloud Applications.
Korea – Oracle has obtained the Information Security Management System (ISMS) Certification for Oracle Cloud Infrastructure (OCI) from the Korean government.
India – both Hyderabad and Mumbai have achieved Cloud Service Provider empanelment from the Ministry of Electronics and IT (MeitY), Government of India.

Oracle is also delivering on its strategy to meet customers where they are by enabling customers to keep data and services where they need it through being able to deploy Oracle Cloud completely within their own data centers with Dedicated Region and Exadata Cloud@Customer. Customers in Asia Pacific include NRI and Australian Data Centres.

Additional Resources

Learn more about the Oracle Cloud Regions
Learn more about Oracle Cloud Infrastructure

August 31, 2021

Oracle Fusion Cloud ERP recognized with the highest “Ability To Execute” and furthest right “Completeness Of Vision” positioning

Austin, Texas, August 30, 2021 – Oracle today announced that it has been named as a Leader for the third successive time in the 2021 Gartner® Magic Quadrant for Cloud ERP for Product-Centric Enterprises for Oracle Fusion Cloud Enterprise Resource Planning (ERP). This Magic Quadrant, which evaluated ten providers, “reflects Gartner’s definition of ‘composable ERP’. This strategy delivers a core of composable applications and, as a service, software platforms that are highly configurable, interoperable, and flexible, in order to adapt to future modern technology.” Oracle was positioned highest on the “ability to execute” and furthest on the “completeness of vision” axes. A complimentary copy of the report is available here.

According to the report, “Leaders demonstrate a market-defining vision of how ERP product-centric systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear ability to execute their vision through products, services and go-to-market strategies. They have a strong presence in the market, and are growing their revenue and market shares. In the cloud ERP suite market, Leaders show a consistent ability to win deals with organizations of different sizes. They have a good depth of functionality across all areas of operational and administrative ERP. They have proof of multiple, successful deployments by customers. Their system integrator partners frequently use their offerings to support business transformation initiatives.”

“We continue to see Oracle Cloud ERP set the standard and be both the driver and defining factor in our customer’s success in adapting to a dynamic business environment,” said Rondy Ng, senior vice president of applications development, Oracle. “Through it all, Oracle has remained laser focused on our customer-centric mission and continued to deliver the quarterly innovations our customers have come to expect. Gartner’s Leader positioning for Oracle Cloud ERP is an honor we share with our customers.”

Innovation is at the heart of Oracle Cloud ERP, with a vision driving towards touchless operations, continuous forecasting, and an enhanced conversational experience. Oracle’s machine learning and artificial intelligence investments in each update are designed to enable CFO’s and their finance and operations teams to shift to a strategic mindset by enhancing the user experience, increasing efficiency and improving agility to better respond to shifting market conditions and capitalize on new business opportunities.

More than 8,000 organizations across all industries and geographies rely on Oracle Cloud ERP to run their businesses. Oracle Cloud ERP offers a comprehensive set of enterprise finance and operations capabilities, including financials, accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, and supply chain management & manufacturing. It is a self-updating platform that constantly provides customers with the industry’s most advanced technologies every 90 days, giving organizations the ability to build, innovate, automate, adapt and leverage new business opportunities on-demand.

Oracle has garnered consistent industry recognition for its finance and performance management applications. Oracle was recently named a Leader in the 2021 Gartner “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises [1]” for the fifth straight year. Additionally, Oracle was named a Customers’ Choice in the 2021 Gartner Peer Insights ‘Voice of the Customer’: Cloud Financial Planning and Analysis Solutions [2], as well as a Leader in the 2020 “Magic Quadrant for Cloud Financial Planning and Analysis Solutions [3]” for the fourth consecutive year.

[1] Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker, Greg Leiter, Robert Anderson, 10 May 2021

[2] Gartner, Gartner Peer Insights ‘Voice of the Customer’: Cloud Financial Planning and Analysis Solutions, 11 March 2021

[3] Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Greg Leiter, Robert Anderson, John Van Decker, 6 October 2020

July 9, 2021

AI-powered Dynamic Skills solution in Oracle Cloud HCM allows HR leaders to identify skills gaps and foster career development for employees

Austin, Texas—June 23, 2021

Oracle today announced a new solution to help organizations better understand, manage, and grow the skills of their workforce. Oracle Dynamic Skills, part of Oracle Fusion Cloud Human Capital Management (HCM), gives HR and business leaders the insights needed to ensure they have the right talent both now and in the future by providing a comprehensive view of the skills within their workforce. Powered by artificial intelligence (AI), the new capabilities provide business leaders with an always up-to-date view of their employees’ skills to help attract, develop, and grow the right talent.

The skills employees have and need today are constantly changing. Technology creates the need for new skills almost daily. Employees are expected to develop skills regularly, and because many people describe similar skills with different words or phrases, the pool of potential skills for an organization is essentially endless. Without a system to collect and track this continuously evolving data, it’s difficult for businesses to have an accurate understanding of all the skills within their organization. And without a holistic view of their employees’ skills, business and HR leaders struggle to find the right talent to support their business strategy.

“The shelf life of skills is shrinking and the fight for talent is becoming more competitive every day,” said Yvette Cameron, senior vice president of global product strategy, Oracle Cloud HCM. “Businesses need better insights into the skills of their workforce if they want to compete in today’s rapidly changing climate. With Oracle Cloud HCM, our customers can gain a better understanding of the skills across their workforce, where to focus development efforts, and what new opportunities can be created for the employee and the organization.”

Oracle Dynamic Skills maintains an always-accurate record of skills data within the organization, including job titles, employee capabilities, experience, and strength of skills. A complete view of this data helps HR leaders foster career development, more effectively plan, make better hires, and develop a highly skilled workforce. Delivered with Oracle Cloud HCM, Oracle Dynamic Skills includes:

Skills Nexus: A continually updated database of record that provides organizations with a comprehensive view of employee skills across their workforce. This helps HR and business leaders better understand the skills of their workforce, where gaps exist, and which skills need to be developed or acquired. Skills Nexus takes publicly available data on skills, qualifications, and occupations from around the world, combines it with similar information from within the organization, and uses AI to make it easy for organizations to assign skills to roles. This provides customers with data on skills that is customized to their business. Skills Nexus also updates itself based on changing employee skills [e.g. new skills added to employee profiles or existing skills updated during performance reviews] and new skills acquired through recruiting. This gives Oracle Cloud HCM customers an always-accurate view of their organization’s skills so that HR leaders and managers can make more informed decisions about project resourcing, training, and hiring.

Skills Advisor: A powerful recommendation engine that uses AI to recommend what skills employees should learn, what skills organizations should hire for in specific roles, and which candidates have the right skills for open positions. This helps HR leaders develop their workforce by finding the right talent to support their business needs. Skills Advisor also helps employees by using insights from Skills Nexus to deliver recommendations throughout HR processes. For example, in Oracle Recruiting, it can connect candidates with open roles related to both declared and inferred skills. And in Oracle Learning, a learning experience system within Oracle Cloud HCM, it can recommend courses to learn new skills based on individual career goals. Skills Advisor also uses natural language processing to understand different descriptions of similar skills. This helps candidates and employees find the right opportunities no matter how they define their abilities.

Skills Center: A personalized portal for employees to update their skills, find new roles, and engage in learning resources. By making it easy for employees to track progress towards career goals and take action to further professional development, Skill Center helps organizations increase employee engagement and the skills of their workforce. It uses data from Skills Nexus and insights from Skills Advisor to deliver actionable recommendations for employees. Potential actions can include completing a training course, meeting a mentor, or gaining new experiences through short-term projects. Skills Center can be accessed through any device, including desktop, mobile, Oracle Digital Assistant, and collaboration solutions such as Slack and Microsoft Teams.

“Coming out of the pandemic, the talent economy is in a really interesting place. Many people took time during lockdown to reevaluate their career choices and consider new opportunities for growth. This is putting pressure on organizations and HR leaders to double down on both recruitment and retention. But regardless, the foundation of their strategies should be centered around one thing: skills,” said Lisa Rowan, research vice president, HR software & services research at IDC. “Skills are at the core of understanding your talent. Oracle’s new Dynamic Skills offering is designed to help organizations take a more proactive approach to skills, truly harness the power of skills within their workforce, and motivate existing talent to achieve more in their careers.”

See here for more information about Oracle Dynamic Skills: http://www.oracle.com/human-capital-management/skills/

To learn more about Oracle Fusion Cloud HCM, please visit: https://www.oracle.com/human-capital-management

June 30, 2021

AUSTIN, Texas – June 23, 2021 – Today, Oracle expanded its commitment to sustainability by pledging to power its global operations, both its facilities and its cloud, with 100% renewable energy by 2025.

“Relying on renewable energy is an important step toward a more sustainable future,” said Oracle Chief Executive Officer Safra Catz. “Oracle will always make its biggest impact on the environment by providing customers with technology that enables them to reduce their carbon footprint, but this new goal reflects the shared values of our customers, partners and investors.”

Oracle’s latest renewable energy goal builds on its existing sustainability priorities, including:

Clean cloud: Oracle maintains its goal of achieving 100% renewable energy use at all next-generation Oracle Cloud regions by 2025.
Hardware recycling: Continuing its efforts to reduce e-waste, in FY20, Oracle collected 2.5 million pounds of retired hardware assets, of which 99.6% was either reused or recycled.
Reducing waste: Oracle has decreased the amount of waste sent to landfill at Oracle-owned buildings by 25% on a square foot basis since 2015.
Responsible sourcing: By 2025, Oracle’s expects 100% of its key suppliers to have an environmental program in place.

Oracle’s European Cloud regions are already powered with 100% renewable energy, and Oracle has 51 offices around the world using 100% renewable energy.

“Renewable energy is critical to tackling climate change and helping us move to a cleaner, greener future,” said UK Business & Energy Secretary Kwasi Kwarteng. “Oracle’s ambitious pledge today will ensure it is going further and faster to reach a sustainable future, and inspiring other businesses around the world to be more environmentally-friendly.”

“Telenor Group recently set science-based targets to reduce our own emissions by 57% by 2030, and work with our suppliers in order to also reduce our supply chain emissions. It is critical for us that our suppliers share our commitment so we are pleased to see Oracle set a goal to have its operations be powered 100% with renewable energy by 2025,” said Cecilie Heuch, EVP and Chief People and Sustainability Officer, Telenor Group.

More details regarding Oracle’s focus on sustainability can be found in Oracle’s Corporate Citizenship Report.

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