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Oracle Advances Safer, More Transparent Retail Supply Chain

Fri, 2019-06-07 07:00
Press Release
Oracle Advances Safer, More Transparent Retail Supply Chain Smarter software gives consumers peace of mind on the goods they buy and retailers the agility to resolve product issues quickly

WORLD FOOD SAFETY DAY, Redwood Shores, Calif.—Jun 7, 2019

The retail industry is more complex than ever. Not only are consumers looking for high-quality goods at fair prices, but they also want assurance that their purchases are safe and ethically sourced. That requires retailers to maintain transparency across their global supply chain networks. With new advancements in reporting and analytics and continued extension of integrations, Oracle Retail Brand Compliance Management Cloud Service is helping retailers monitor the integrity of their materials and end products, to improve customer experiences and protect their brands. 

Oracle Retail Brand Compliance is specifically designed to enable retailers, restaurants, food service providers and manufacturers to source, develop, track and market products. As products are developed, the solution audits and manages all aspects of the process, creating accurate and certified labeling detail against local regulatory and industry policies. As such, brands can rapidly and nimbly respond to and rectify product and industry incidents.

In 2016, a multistate listeria outbreak in the U.S. impacted several name brand grocery chains. Tainted frozen vegetables and fruits sourced from one plant were included in approximately 358 consumer products sold under 42 separate brands. Using Oracle Retail Brand Compliance, one well-known grocer was able to quickly pull SKUs, identify where impacted product was being sold and communicate with customers, mitigating the situation, and protecting its shoppers.

“Delivering on your brand promise today is as much about quality and trust as it is about cost,” said Jeff Warren, vice president of strategy and solution management, Oracle Retail. “Customers expect retailers to know everything about the items they purchase, whether this is information on availability, ingredients or the manufacturing process. They expect transparency and greater access to information, in real time. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations while protecting their customers and brands.” 

Driving Compliance and Safety Across the Retail Supply Chain

Oracle Retail Brand Compliance is one of the world’s most widely adopted brand management solutions, representing two-thirds of all private label compliance and technical portals in use today. The offering provides a single point of authentication of all audits, accreditations and certificates. With it, common data sets are entered once and shared amongst the community to report on quality, environment, freshness and sustainability metrics and track the movement of products to drive risk assessment and rapid response to incidents. Today, the Oracle Retail Brand Compliance community represents more than 250,000 suppliers offering 750,000 consumer products.

With new enhancements to the offering, retail supply chain professionals will be able to more easily provide transparency of product information across partners and channels, with enhanced:

  • KPI dashboards that deliver key insights, business intelligence and operational reporting on supply chain and product analysis.
  • Consumer product compositions to enable in-store formulations, labeling and digital dietary advice.
  • API integrations with key Oracle applications.
 

“For retailers, having full visibility across their entire supply chains is a game-changer. It can mean the difference between minutes or weeks when responding to incidents, tracking and removing contaminated food from store shelves and notifying consumers. Brand damage aside, that can mean the difference between life and death,” noted Paul Woodward, senior director of Oracle Retail supply chain solutions.

Contact Info
Kristin Reeves
Oracle
+1.925.787.6744
kris.reeves@oracle.com
About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility, and refine the customer experience. For more information, visit our website, www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

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Kristin Reeves

  • +1.925.787.6744

Microsoft and Oracle to Interconnect Microsoft Azure and Oracle Cloud

Wed, 2019-06-05 07:00
Press Release
Microsoft and Oracle to Interconnect Microsoft Azure and Oracle Cloud

REDMOND, Wash., and REDWOOD SHORES, Calif.—Jun 5, 2019

Microsoft Corp. and Oracle Corp. on Wednesday announced a cloud interoperability partnership enabling customers to migrate and run mission-critical enterprise workloads across Microsoft Azure and Oracle Cloud. Enterprises can now seamlessly connect Azure services, like Analytics and AI, to Oracle Cloud services, like Autonomous Database. By enabling customers to run one part of a workload within Azure and another part of the same workload within the Oracle Cloud, the partnership delivers a highly optimized, best-of-both-clouds experience. Taken together, Azure and Oracle Cloud offer customers a one-stop shop for all the cloud services and applications they need to run their entire business.

Connecting Azure and Oracle Cloud through network and identity interoperability makes lift-and-improve migrations seamless. This partnership delivers direct, fast and highly reliable network connectivity between two clouds, while continuing to provide first-class customer service and support that enterprises have come to expect from the two companies. In addition to providing interoperability for customers running Oracle software on Oracle Cloud and Microsoft software on Azure, it enables new and innovative scenarios like running Oracle E-Business Suite or Oracle JD Edwards on Azure against an Oracle Autonomous Database running on Exadata infrastructure in the Oracle Cloud.

“As the cloud of choice for the enterprise, with over 95% of the Fortune 500 using Azure, we have always been first and foremost focused on helping our customers thrive on their digital transformation journeys,” said Scott Guthrie, executive vice president of Microsoft’s Cloud and AI division. “With Oracle’s enterprise expertise, this alliance is a natural choice for us as we help our joint customers accelerate the migration of enterprise applications and databases to the public cloud.”

“The Oracle Cloud offers a complete suite of integrated applications for sales, service, marketing, human resources, finance, supply chain and manufacturing, plus highly automated and secure Generation 2 infrastructure featuring the Oracle Autonomous Database,” said Don Johnson, executive vice president, Oracle Cloud Infrastructure (OCI). “Oracle and Microsoft have served enterprise customer needs for decades. With this partnership, our joint customers can migrate their entire set of existing applications to the cloud without having to re-architect anything, preserving the large investments they have already made.”

As a result of this expanded partnership, the companies are today making available a new set of capabilities:

  • Connect Azure and Oracle Cloud seamlessly, allowing customers to extend their on-premises datacenters to both clouds. This direct interconnect is available starting today in Ashburn (North America) and Azure US East, with plans to expand additional regions in the future.
  • Unified identity and access management, via a unified single sign-on experience and automated user provisioning, to manage resources across Azure and Oracle Cloud. Also available in early preview today, Oracle applications can use Azure Active Directory as the identity provider and for conditional access.
  • Supported deployment of custom applications and packaged Oracle applications (JD Edwards EnterpriseOne, E-Business Suite, PeopleSoft, Oracle Retail, Hyperion) on Azure with Oracle databases (RAC, Exadata, Autonomous Database) deployed in Oracle Cloud. The same Oracle applications will also be certified to run on Azure with Oracle databases in Oracle Cloud.
  • A collaborative support model to help IT organizations deploy these new capabilities while enabling them to leverage existing customer support relationships and processes.
  • Oracle Database will continue to be certified to run in Azure on various operating systems, including Windows Server and Oracle Linux.
 

“The alliance between Microsoft and Oracle is welcome news as we accelerate Albertsons’ digital transformation and leverage the full value of the public cloud,” said Anuj Dhanda, executive vice president and chief information officer at Albertsons Companies. “This will allow us to create cross-cloud solutions that optimize many of our current investments while maximizing the agility, scalability and efficiency of the public cloud.”

“As we look to bring our omnichannel experience closer together and transform the technology platform that powers the Gap Inc. brands, the collaboration between Oracle and Microsoft will make it easier for us to scale and deliver capabilities across channels,” said Sally Gilligan, chief information officer at Gap. “The interoperability between Azure and Oracle Cloud allows us to deploy Oracle or custom-built applications on Azure and Oracle databases on Oracle Cloud.”

“At Halliburton, we have a long history of running both Oracle and Microsoft technologies for our most critical applications. Our deep experience with these two strategic vendors has yielded consistently stable and performant application deployments,” said Ken Braud, senior vice president and CIO at Halliburton. “This alliance gives us the flexibility and ongoing support to continue leveraging our standard architectures, while allowing us to focus on generating business outcomes that maximize returns for our shareholders.”

Those wanting to learn more should visit https://aka.ms/OracleOnAzure or https://www.oracle.com/cloud/oci-azure.html.

Contact Info
Celina Bertallee
Oracle
(650) 506-6542
celina.bertallee@oracle.com
Microsoft Media Relations
WE Communications for Microsoft
(425) 638-7777
rrt@we-worldwide.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

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.

Trademarks

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

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://news.microsoft.com. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://news.microsoft.com/microsoft-public-relations-contacts.

Talk to a Press Contact

Celina Bertallee

  • (650) 506-6542

Microsoft Media Relations

  • (425) 638-7777

Geoffrey Moore to Keynote Oracle Retail Cross Talk 2019

Tue, 2019-06-04 12:46
Press Release
Geoffrey Moore to Keynote Oracle Retail Cross Talk 2019 Over 200 global retailers will gather to discuss the state of retail and how brands are using technology to innovate and ignite customer success

Redwood Shores, Calif.—Jun 4, 2019

Oracle Retail announced today that Geoffrey Moore, Bestselling Author, Consultant and Disruptive Technology Specialist, will deliver the keynote address at Oracle Retail Cross Talk. The event brings together a global community of over 200 retail executives to share deep domain expertise and insights on technology that is core to their retail businesses. Cross Talk provides a unique and authentic networking forum where over 35 global retailers including Bata, Best Buy, the Estée Lauder companies, Kendra Scott, and more will share their success stories and lessons learned. The event will take place June 10-12, 2019 at the JW Marriott in Minneapolis, MN. 

“‘How can retailers succeed and thrive in a fast-paced and continually evolving business environment?’ Cross Talk focuses on collectively addressing this very question and enabling retailers to hear directly from their peers about how they are rising above today’s most pressing industry challenges to deliver results and delight customers,” said Mike Webster, senior vice president and general manager, Oracle Retail.

Attendees will gain insight from talented retail executives representing the world’s leading brands including:

  • Bata will discuss its digital transformation and how it is unlocking the business potential of omnichannel
  • Best Buy will share critical insights into how it is optimizing supply chain strategies
  • Estée Lauder will highlight its approach to delivering a seamless shopping experience
  • International Shoppes will demonstrate how it is modernizing the customer experience
  • Gap, Inc. will talk about its latest brand to go live with Oracle Retail cloud offerings
  • James Avery will illustrate how it is upgrading the customer experience
  • Kendra Scott will discuss how it built a platform for growth with cloud 
  • Maui and Sons will share key learning as it rides the wave to operational agility
  • Stein Mart will talk about its migration of planning to the cloud

Oracle PartnerNetwork members and strategic solution integrators are critical in helping deliver customer success. A number of key collaborators are sponsoring the show, including Accenture and Deloitte as platinum sponsors; gold sponsors BTM Retail and Retail Consult; and Aspire, CAI, Ignitiv, Logic, Quickborn, and SkillNet as silver sponsors. Solution level sponsors, Adyen and OneDoor, will also showcase their integrations into Oracle’s platform for modern retail.

“Our community is thrilled for the return of Oracle Retail Cross Talk,” said Rose Spicer, senior director of retail marketing, Oracle Corporation. “The response has been amazing and we cannot wait to assemble some of the biggest brands in the industry with new faces to discuss the issues and opportunities that are impacting them most today. We have also added some compelling networking elements to connect the retailers to one another.”

For more information about how Oracle delivers a modern platform for retail organizations through best-in-class, industry-specific business solutions, visit www.oracle.com/retail.

To learn more about the Oracle Retail Cross Talk 2019, visit: https://www.oracle.com/industries/retail/cross-talk/.

Contact Info
Kris Reeves
Oracle PR
+1.925.787.6744
kris.reeves@oracle.com
About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility and refine the customer experience. For more information, visit our website www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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

Kris Reeves

  • +1.925.787.6744

Utilities Test Drive Analytics from Oracle to Manage Influx of Electric Vehicles

Wed, 2019-05-29 07:00
Press Release
Utilities Test Drive Analytics from Oracle to Manage Influx of Electric Vehicles Advanced analytics help utilities better plan for energy demand as cars move from gas to grid

Redwood Shores, Calif.—May 29, 2019

The use of electric vehicles (EVs) is growing at a record rate, with the International Energy Agency (IEA) predicting that the number of electric cars on the road will rise from 3.1 million in 2017 to 125 million in 2030. Enabling utilities to intelligently manage this new energy demand on the power grid, Oracle Utilities has unveiled a breakthrough in EV detection.

Tapping deep machine learning, Oracle Utilities Analytics Insights is able to identify the presence of an EV, show the time and frequency of charging and disaggregate the energy being consumed by the vehicle with advanced metering infrastructure (AMI) data. With this intelligence, utilities can reliably plan for the energy infusion needed to power EVs at scale and engage customers to charge at the times that are the least expensive for them and best for the health of the energy grid. The new EV detection capabilities from Oracle Utilities Analytics Insights are currently being piloted by a number of utilities.

“With solar, wind and storage technologies now constituting 90 percent of investment interest, the road is paved for deeper decarbonization of the electricity sector,” said Ben Kellison, director grid research, Wood Mackenzie Power & Renewables. “The case for transport electrification has never been stronger and the rapid growth in investment interest from car manufacturers is a confirmation of the future consumer demand for EVs. Utilities are now faced with an increasingly clean and decentralized system and they need new data and analytic packages to support a new planning paradigm.” 

Impact of the EV Explosion on the Energy Grid

The influx of EVs could represent an average additional growth of 1-4 percent in peak load on the grid over the next few decades, according to a report by McKinsey. While this may seem modest, the impact will be highly volatile and cause unpredictable spikes at the local sub-station and feeder levels in residential areas. This load is projected to reach as high as 30 percent peak growth in certain urban areas that are hotspots for EV adoption.

While this transportation development represents an important step forward in reducing carbon emissions, most electricity grids were created long before EVs were a commercially viable consumer product. As transportation continues to evolve from gas to the grid, utilities must plan for an uptick in energy demand that will vary dramatically by area. 

“With almost every major auto manufacturer releasing new EV models in the coming years, the window of time for utilities to act is closing,” said Dan Byrnes, SVP of product development, Oracle Utilities. “The intelligence our analytics provide is essential for utilities to make needed assessments on grid investments and in tandem, work as trusted advisors to customers who may be in the dark as to how owning an EV is impacting their energy footprint and bill. From utility optimization to proven customer engagement, only Oracle offers a complete package to manage the explosion of EVs.”

Powering Better EV Planning and Engagement

The Oracle EV detection capabilities are powered by more than a decade of research and experience disaggregating household energy data from billions of data points collected from 60 million households across 100 utilities. Oracle’s trained data models can be deployed for each specific household’s usage to understand whether a customer has an EV, how they interact with their EV chargers, and where EVs are clustering on the distribution grid. As such, utilities will be able to better plan for and manage the operational impact of EVs as a new distributed energy resource (DER) on the grid.

From a customer perspective, charging an EV can increase a typical household’s energy usage by 15 percent or more and potentially double usage during peak demand times. With the offering, utilities will have the tools to roll-out intuitive, user-friendly EV adoption customer journeys and time-of-use (TOU) plans to engage, educate and reward owners for charging during non-peak times. In the future, these same kinds of engagement programs can also be used for utilities to buy-back unused energy from their customers’ EV batteries to help balance energy supply and demand in times of need.

“EVs will have an impact on every part of a utility’s operations—from grid stability and regulatory affairs to customer billing and engagement,” added Byrnes. “With Oracle, our customers have the tools and intelligence they need to make better decisions, maximize outcomes, and increase customer satisfaction every step of the journey.”

Contact Info
Kristin Reeves
Oracle
+1.925.787.6744
kris.reeves@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

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Kristin Reeves

  • +1.925.787.6744

Oracle Merchandising Solution Tops Shopping List for Bosnian Grocers

Thu, 2019-05-23 07:00
Press Release
Oracle Merchandising Solution Tops Shopping List for Bosnian Grocers Retail brands Konzum and Mercator gain operational agility with modern retail technology

Redwood Shores Calif—May 23, 2019

When customers enter a Mercator or Konzum supermarket, they discover a plethora of organic products, fresh chopped salads, and meat ripening chambers intermingled with everyday grocery needs. The dominant grocery brands in Bosnia and Herzegovina (B&H) employ a visual standard and layout that maximizes the display of products across various segments. By upgrading to the latest release of Oracle Retail, the trading department can automate the merchandising process and offer guided best practice to associates, allowing them to focus on strategic tasks that impact the bottom line and improve daily operational efficiency.

“The common user interface of our new retail merchandising system (RMS) simplifies the day to day activities while allowing for flexibility where the business demands it. Once our buyers got the hang of the new system we began to see a marked improvement in the speed and efficiency in which they could get their daily, previously tedious, tasks completed,” said Željka Mujezinović, IT manager, Mercator BH d.o.o. (B&H). The Mercator relationship with Oracle began in 2017.

“With the time saved they can spend more time on higher-value tasks and focusing on optimizing our merchandising strategy,” said Džemal Vejsil, IT manager, Konzum d.o.o. (B&H). The Konzum relationship began in 2016.

In the recent Topography of Retail Report, nearly 6,400 European consumers surveyed prioritized competitive pricing and general promotions (78 percent) as one of the most compelling attributes of shopping experience. With Oracle Retail Merchandising, Konzum and Mercator BH buyers will be able to implement differential pricing strategies and multi-buy and transaction promotions easily and pass those savings on to customers. In the future, consumers can take advantage of multi-buy transactions where the more you buy, the more you save. The buyers will be able to evaluate new promotion options to ensure more consistent pricing levels for store shoppers.  

“Retailers need a world-class, modern platform and the ability to interact across all areas of the organization seamlessly. We believe that every retail process should start and end with analytics and business intelligence. Oracle collaborated with 50 retailers, such as Mercator BH and Konzum, to rewrite our merchandising solution and establish the persona and correlated activities to drive operational agility and better business insights,” said Mike Webster, senior vice president and general manager, Oracle Retail.

“We had mStart consultants and customer team members working closely with Oracle on this project. We aligned across the Trading and Purchasing departments to avoid disruption to the business, resulting in the implementation being completed on-time and on-budget for the customer in January 2019,” said Želimira Ivček, Director of Oracle Retail Systems at mStart Plus d.o.o.

mStart Plus d.o.o. is a Gold level member of Oracle PartnerNetwork (OPN).

Contact Info
Kris Reeves
Oracle PR
+1.925.787.6744
kris.reeves@oracle.com
About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility and refine the customer experience. For more information, visit our website www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About mStart Plus d.o.o

mStart Plus is a business and technology company that offers complete solutions for infrastructure and optimization of business processes. With over ten years of experience in ERP business systems and with over 340 tech experts on our team mStart Plus has developed, implemented, integrated and supported some of the largest IT systems in the region. mStart Plus, certified for world-leading IT platforms (Oracle, SAP), offers custom software solutions in a large number of industries including agriculture, manufacturing, retail, wholesale, distribution and pharmaceutical industry.

Trademarks

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

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Kris Reeves

  • +1.925.787.6744

WOLF Italian Street Food Beats Lunchtime Rush with Oracle

Thu, 2019-05-23 03:00
Press Release
WOLF Italian Street Food Beats Lunchtime Rush with Oracle Cloud-based point-of-sale solution enables Italian street food chain to accelerate speed of service and deliver great guest experiences during its busiest moments

London, UK—May 23, 2019

Fast, fresh and healthy Italian street food restaurant, WOLF, has implemented Oracle Food & Beverage Simphony Cloud at point-of-sale to make the most of the lucrative lunchtime rush and support its growth ambitions. Aiming to improve the processes of the restaurant, owner, Tim Entwistle, upgraded the POS solution to increase the speed of service, gain visibility into management information across its franchise network and ensure a solid platform for expected growth. Already WOLF is seeing the benefits with reduced wait times, specifically, a 40 percent improvement.

Some POS solutions cannot keep up with the pressures of a modern restaurant. Services can freeze due to a high volume of orders, or the system needs constant rebooting or manager intervention – a critical issue during the busiest time of the day for a restaurant. In addition, many systems don’t offer data or analysis on menu and employee performance. Oracle Simphony Cloud combined with Oracle’s MICROS Compact Workstations help with these issues while arming WOLF with the tools needed for future growth.

“Our business outgrew our initial tablet POS solution presenting issues such as double charging and system freezes during peak hours, making it obvious the machines couldn’t take the volume of orders we experienced during the lunch rush hour.  We needed a solution that worked, always. It was important for us to think strategically and find a cloud solution that would keep up with the pace of the industry and our business. One that would match our growth ambitions. The solution from Oracle Food and Beverage gives us the reliability we need day to day and the confidence to scale quickly,” said Tim Entwistle, owner of WOLF.

An addition to boosting speed of service, Oracle Simphony Cloud provides powerful analytics delivering valuable operational insights across all areas of restaurant management for faster, smarter decision-making. This includes analysing menu and individual store performance. All critical insights for the growth of WOLF’s business.

Oracle Food and Beverage solutions are assisting WOLF with their future franchise expansions, supporting their ambitions to grow their business across the UK. By having all sites on the same cloud-based software and having powerful insights, WOLF can implement plans for expansion.  

Tim Brown, VP Global Sales Consulting of Oracle Food & Beverage, commented: “Restaurant owners are always looking for ways to increase their revenue, improve their services and expand and grow. With Simphony, WOLF is empowered to analyse each restaurant’s performance, improve its services and look at new expansion options.”

WOLF Italian Street Food currently operates in seven sites across the UK in London, Manchester, Reading, Nottingham and Leeds. They purchased the Oracle Food and Beverage solution in October of 2018 and are now live on the system.

Contact Info
Valerie Beaudett
Oracle
+1 650 400 7833
valerie.beaudett@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.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

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Valerie Beaudett

  • +1 650 400 7833

The ‘Unprecedented Challenge’ of Cybersecurity in an Age of Burgeoning Threats

Mon, 2019-05-20 15:43
Blog
The ‘Unprecedented Challenge’ of Cybersecurity in an Age of Burgeoning Threats

Barbara Darrow, Senior Director, Communications, Oracle—May 20, 2019

Technological and legal complexities abound in this age of heightened cybersecurity threats—including a rise in state-sponsored hacking. This “unprecedented challenge” was the topic of conversation between Dorian Daley, Oracle executive vice president and general counsel, and Edward Screven, Oracle’s chief corporate architect. Here are five key takeaways from their conversation:

1. Some good news: Businesses are aware of cybersecurity challenges in a way they were not even just a few years ago, when many considered security, generally, as a priority, but didn’t go much beyond that thought according to Screven. “It’s [become] a front-and-center kind of issue for our customers,” Daley agreed.

2. These same customers would like to make data security “someone else’s problem,” and are right to think that way, Screven added. In this context, that “someone else” is a tech vendor able to design technology that is inherently more secure than what non-tech businesses could design for themselves.

3. Regulations around data privacy are getting more complicated, starting with the European Union’s General Data Protection Regulation, Daley noted. The issues of data privacy and data security constitute slightly different sides to the same problem, she said, adding “what’s happening on the privacy side is really an explosion of regulatory frameworks around the world.”

4. There’s only so much that employees can do—no matter how skilled they may be. Recent research shows that while most companies cite human error as a leading cause of data insecurity, they also keep throwing more people at a problem that can’t really be solved without a level of automation commensurate with the sophistication and volume of attacks. “There is a lack of sufficient awareness about what technology can actually do for customers,” Daley noted.

Fast, “autonomous” or self-applying software patches and updates are a solid way to mitigate or even prevent data loss from cyber hacks. Many of the attacks and subsequent data leaks over the past few years could have been avoided had available software patches been applied in a timely fashion.

AI and machine learning tech can catch far more anomalies, like unauthorized system access, which might indicate a security problem much faster than human experts can, eliminating issues before they get serious.

5. Screven is skeptical that international treaties, if such things could be crafted, would eradicate state-sponsored cyber hacking because much of that activity happens under the covers by contractors that can be disavowed by the states.

Thus, “the same person who’s out stealing your credit card today is out trying to steal plans for [Hellfire] missiles tomorrow,” Screven said.

Full video of the talk can be found here.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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.

How Autonomous Freed the World’s Most Important Resource – People

Tue, 2019-05-14 09:00
Blog
How Autonomous Freed the World’s Most Important Resource – People

By Michael Hickins—May 14, 2019

An increasing number of businesses are turning to Oracle Autonomous Database - the industry’s first self-driving, self-securing, self-repairing database—to gain deeper and more meaningful data insight, faster than ever before. The result has been freeing employees to do more value-added work—in large part thanks to deeper, faster insights into data than has been possible beforehand.

According to Hwee-Xian Tan, Senior Analyst, SoHo and SME Research, “Asia-Pacific enterprises [are] opening up to and having a sharper appetite for database-as-a-service (DBaaS) propositions with AI and ML features being particularly strong drivers for enterprise migration to cloud-based database environments. This is due to the cost reductions they deliver, and their ability to derive new business insights at speed. This has the potential to shift the global cloud arms race amongst hyperscale cloud players towards those that have a strong play in controlling enterprise databases—most of which still reside in a legacy client-server infrastructure.”

Among the Asian companies using Oracle Autonomous Database are China Eastern, Fadada, Bitmain and Kingold from China, Vodafone Fiji, Hong Kong Maxim’s Group, National Pharmacies and Applied Precision Medicine from Australia, Forth Smart, and Rangsit University from Thailand.

Innovating in vending machines

Forth Smart, which operates more than 120,000 vending machines that customers use to do things like top-up their mobile phones and e-wallets and transfer money to friends and family, generates around 2 million transactions per day. Pawarit Ruengsuksilp, business development analyst at Forth Smart, said it can now generate real-time insight into its network of vending machines, which previously would have taken three or four days. “Oracle Autonomous Data Warehouse has been a complete game-changer for us,” he said. “This has had a significant impact across our financial reporting, ability to undertake complex segmentation and predictive analytics, allowing us to focus more of our efforts on innovation.”

Cooking up more profits in food

Hong Kong Maxim’s Group operates more than 1,300 outlets encompassing 70+ brands in the fast-paced food industry in the Hong Kong and Macau regions, as well as in Mainland China and South East Asia. All that activity today results in more than 600,000 transaction records per day in Hong Kong alone, notes Louis Mah, the company’s director of Information Technology.

Hong Kong Maxim’s Group is using a mix of Autonomous Data Warehouse and Oracle Analytics Cloud, along with detail from its ERP systems, to extract extremely timely and valuable information regarding consumer habits and behavior. This allows the company to “rapidly adapt to changes in how our different restaurants are performing,” said Louis Mah, Director, Information Technology.

Deep data analytics power new insights

Kingold, the diversified Chinese company, is using Autonomous Data Warehouse and Oracle Analytics Cloud to streamline how it collects and analyzes information, allowing it to “completely transform the way we operate,” according to its CIO, Steven Chang.

No wonder Oracle Autonomous Database has become the most successful new product introduction in Oracle’s 40-year history. According to Steve Daheb, senior vice president, Oracle Cloud, “Today we are seeing users across the globe realizing the benefit of autonomous.”

 

Unicorns and Airlines Find Agility, Modernization, Growth, and Automation on the Oracle Cloud

Tue, 2019-05-14 09:00
Blog
Unicorns and Airlines Find Agility, Modernization, Growth, and Automation on the Oracle Cloud

By Michael Hickins—May 14, 2019

Some of the world’s most important companies are turning to agile Oracle Cloud suites to run their people, their supply chains, and their financials. These include a unicorn in the e-commerce platform industry, an award-winning airline, a family-run retail conglomerate, and a logistics and transportation company.

Founded in 2010 and based in Jakarta, Indonesia, Bukalapak has grown into a billion-dollar startup. It hosts four million small and medium enterprises (SMEs), 500,000 kiosk vendors and 700,000 independent micro-businesses in Indonesia on its platform.

Bukalapak is now using Oracle ERP Cloud to enable its finance and procurement teams to gain full visibility of the company’s financial position, reducing the amount of time spent managing accounts and closing their books—while allowing more time devoted to strategic decision making. The company is also leveraging Oracle HCM Cloud to help enhance employee experience processes as it continues increasing its workforce.

“We began our business with a vision to bridge the gap between Indonesian sellers and buyers, and today we are proud of the traction that our company has achieved in the market,” said M. Fajrin Rasyid, Co-Founder and President of Bukalapak.

“Our platform has empowered the micro, small and medium businesses to participate in commerce activities, and we are committed to advance the livelihoods of these entrepreneurs through our technology.”

Given the complexity of business and the need to simplify as much as possible so companies can maximize the value of their people, organizations around the world—companies that move people, companies that move goods, companies that sell goods to people, and companies that help other companies sell goods to people—are achieving that level of modernization through the Oracle Cloud.

Becoming more than ‘just an airline’

AirAsia Group, which already has a network of over 140 destinations across Asia Pacific and a passel of “best low-cost airline” awards to its name, and which harbors even loftier ambitions.

According to AirAsia CEO Tony Fernandes, “we are now writing the next chapter of our story, riding on our momentum as a business and a brand to transform AirAsia into more than just an airline. We are going to be the travel technology company for the region, and as part of this journey, we’ve set our sights on becoming an intelligent, connected enterprise.”

The airline is using Oracle ERP Cloud to centralize and streamline its finance operations, and to provide much-needed agility.

“An agile finance operation is the backbone of every successful business, where financial data is readily available in real time to support critical business decisions,” said AirAsia Group CFO Pattra Boosarawongse. “Our finance team needs to reconcile cross-currency data and transact with suppliers in different countries. Oracle ERP Cloud will help us simplify, standardize and automate our financial operations across the group, and free our finance teams from mundane operational tasks to focus on growing our business,” Boosarawongse said.

Modernizing retail means making better decisions

One of the largest family-run retail business conglomerates in Vietnam, IMEX Pan Pacific Group (IPPG), just started using Oracle Cloud’s unified suite of cloud technologies to efficiently and securely manage huge volumes of data from the inventory and warehousing, and to improve decision-making processes across all of its subsidiaries.

It’s no surprise that the cloud implementation is helping reduce complexity, providing IPPG managers with a single view into core business operations. That has helped enhance decision making, increased financial productivity, and is driving efficiencies across its complex business structure, said Mrs. Le Hong Thuy Tien, president, IMEX Pan Pacific Group.

“As one of the leading multidisciplinary corporations, we understand that system modernization is essential for us to expand and scale our operations,” said Mrs. Le Hong Thuy Tien.

Putting technology in peoples’ hands

Royal Cargo, which has over 1,200 employees around the world, is digitally transforming its employee management strategy, and using Oracle HCM Cloud to accelerate and support this processes. The company’s goal is to enable Royal Cargo’s HR team to streamline processes, and give them more time to focus on strategic rather than administrative tasks.

“We knew digital transformation was the answer to managing the needs of our growing team, multiple offices and the ever-changing demands of a global economy. Partnering with Oracle on our digital transformation journey was a no-brainer, and we welcome the simplified access to all our HCM needs via the Oracle HCM Cloud,” said Philipp Schlohsnagel, Chief Transformation Officer, Royal Cargo. 

 

How Oracle Won Over Blockchain Bellwether Everledger

Tue, 2019-05-14 09:00
Blog
How Oracle Won Over Blockchain Bellwether Everledger

By Michael Hickins—May 14, 2019

It’s no small thing that Everledger, the pioneer in so-called digital provenance tracking, has embraced Oracle’s blockchain technology as its own.

Everledger’s blockchain-based platform is trusted by many industries including diamonds, colored gemstones, fine wine, and art. The ability to transparently track the provenance and lifetime journey of assets as they move across global supply chains is especially critical for high value goods. These industries are more susceptible than most to theft, fraud and counterfeit – in the diamond industry alone, fraud events cost the insurance industry millions of dollars a year.

Leanne Kemp, Founder and CEO of Everledger says, “With an increasing consumer consciousness and a vocal demand for transparency, our work is focused on engaging entire business ecosystems to provide consumers the ability to make fully informed purchasing decisions. It is thus key for us to enable the ease of systems interaction and provide value add to our customers.”

According to Kemp, by including Oracle Blockchain Platform in its offering, Everledger can offer its customers more innovative products and solutions, in particular with improved time to market for business intelligence reporting solutions.

“Oracle’s comprehensive enterprise-grade offering will open our customers to realizing more from our blockchain-based platform and crystalize value from the data in their own systems,” she says.

Some of the new capabilities of Oracle Blockchain Platform are deemed critical by Everledger in the integration of its blockchain-based platform with customers’ existing business and IT systems. As blockchain becomes an important data store in the enterprise, the Oracle Blockchain Platform enables users to capture blockchain transaction history and current state data for analytics as well as integrate it with other data sources.

“Our longstanding goal has been to help customers to manage, protect, analyze and use the world’s data for the benefit of all. Being able to work with innovative companies like Everledger is an amazing opportunity. We look forward to helping both the company itself further its innovations in tracking and tracing the authenticity of some of the world’s most precious items, but also helping those in the ecosystem link key data sources for wider benefit,” said Frank Xiong, group vice president, Blockchain Product Development, Oracle.

The key elements of note include:

  • Database access - Data is an integral part of blockchain. With much of the world’s data resident in Oracle systems, the use of Oracle Blockchain Platform to seamlessly link to those repositories will enable these same customers to leverage both their existing data stores and data on the Everledger blockchain.
  • Analytics - Oracle Blockchain Platform’s ability to connect to the rich histories stored in an organisation’s existing database means that Everledger can seamlessly enable analytics integration for highly visual interactive dashboards and reports.
  • Monitoring of network health, transaction rates, and other statistics, and other elements of blockchain administration/configuration, are made easier by enhanced REST APIs, which also simplify integration with existing enterprise IT tools.
  • Out of the box plug and play capabilities from the Oracle Blockchain Platform makes it not only easy for Everledger to get off the ground, but will also easier for deployment.
  • Developer tools - Additionally, the query tools for Oracle Blockchain Platform link into things like smart contract support standard SQL-based ledger queries, enabling organisations to leverage the skill sets their developers already have, thereby reducing the complexity of developing chaincode and boosting performance.
 

University of Pittsburgh Selects Oracle ERP Cloud to Help Build Better Lives

Tue, 2019-05-14 08:00
Press Release
University of Pittsburgh Selects Oracle ERP Cloud to Help Build Better Lives Two hundred thirty two-year-old university modernizes business and finance systems to increase productivity, lower costs and enhance the student experience

Redwood Shores, Calif.—May 14, 2019

 

The University of Pittsburgh, a leading higher-education institution, has selected Oracle Enterprise Resource Planning (ERP) Cloud to support its mission to advance teaching, research and public service. With Oracle ERP Cloud, the University of Pittsburgh will be able to improve operational efficiency, modernize its business and finance operations and gain deeper organization insight.

Founded in 1787, the University of Pittsburgh is one of the oldest higher education institutions in the United States and attracts more than 34,000 students each year. To improve the productivity of its finance and operations team, the university needed to replace its legacy financial management system with a modern cloud solution that would improve agility and future-proof the organization. The school selected Oracle ERP Cloud for its ability to manage finance, human resource and student data on a single, highly secure and scalable cloud solution.

“Technology plays a strategic role in the university’s success and the achievement of our mission. To maximize value and impact, our technology must be a coordinated effort across business functions,” said Monte Ciotto, Associate Vice Chancellor, Financial Information Systems. “With Oracle ERP Cloud we’ll be able to manage finance, HR and student data on the same platform, creating a single source of truth that improves efficiency and organizational insights.”

Oracle ERP Cloud helps organizations of all sizes, across multiple industries, increase productivity, lower costs and improve controls. With Oracle ERP Cloud, the University of Pittsburgh will not only be able to embrace current best practices, but it will also enable the University to integrate emerging technology to support changing organizational demands. The University of Pittsburgh also has plans to implement Oracle Human Capital Management (HCM) Cloud for core HR processes, including payroll, time and attendance, and talent acquisition. The University’s unified ERP and HCM solution will enhance organizational alignment and business insight.

“Technology is an incredible enabler that can help organizations like the University of Pittsburgh not just streamline processes, but also improve engagement and transform existing business processes and models,” said Rondy Ng, senior vice president of applications development at Oracle. “We look forward to partnering with the University of Pittsburgh as it embraces new innovations and works to deliver the best possible higher education experience.”

Additional Information

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

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

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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PVH Asia Limited Selects Oracle to Modernize the Customer Experience

Tue, 2019-05-14 07:30
Press Release
PVH Asia Limited Selects Oracle to Modernize the Customer Experience One of the world’s largest apparel companies, boasting TOMMY HILFIGER and CALVIN KLEIN, invests in retail technology to support growth

Redwood Shores, Calif.—May 14, 2019

PVH Asia Limited, a wholly owned subsidiary of PVH Corp. [NYSE: PVH], one of the world’s largest apparel companies, has selected Oracle Retail to modernize its customer experience and store technology. Its iconic brands include CALVIN KLEIN, TOMMY HILFIGER, Van Heusen and IZOD. PVH Asia will implement Oracle Retail Xstore Point-of-Service and Oracle Retail Customer Engagement to connect with the next generation of consumers. The solution will be rolled out in stores across China, Hong Kong, Macau, Taiwan, Singapore, Malaysia, South Korea, and Japan.

“PVH continues to experience extraordinary growth. As we compete and grow across Asia, we wanted to ensure our technology partner understands and supports local business requirements of a modern customer experience,” said Eileen Mahoney, executive vice president, chief information officer, PVH Corp. “After a competitive evaluation, Oracle emerged as the best choice to support our business.”

“We are honored to partner with PVH Asia. We recognize that retailers need to deliver added value to win favor with the next generation shoppers,” said Mike Webster, senior vice president, and general manager, Oracle Retail. “With a 360 view of the consumer, we can help PVH empower associates and allow them to deliver relevant and local offers.”

Contact Info
Kris Reeves
Oracle PR
+1.925.787.6744
kris.reeves@oracle.com
About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility and refine the customer experience. For more information, visit our website at www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About PVH Corp.

PVH is one of the most admired fashion and lifestyle companies in the world. We power brands that drive fashion forward – for good. Our brand portfolio includes the iconic CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, IZOD, ARROW, Speedo*, Warner’s, Olga and Geoffrey Beene brands, as well as the digital-centric True & Co. intimates brand. We market a variety of goods under these and other nationally and internationally known owned and licensed brands. PVH has over 38,000 associates operating in over 40 countries and $9.7 billion in annual revenues. That’s the Power of Us. That’s the Power of PVH.

*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.

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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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Kris Reeves

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Oracle Helps Organizations Improve Productivity Across Global Supply Chains

Tue, 2019-05-14 07:05
Press Release
Oracle Helps Organizations Improve Productivity Across Global Supply Chains New Oracle Supply Chain Management (SCM) Cloud logistics updates help improve responsiveness, optimize shipments and asset utilization, and improve productivity

Redwood Shores, Calif.—May 14, 2019

To help organizations design and operate efficient and agile supply chains, Oracle today announced a series of logistics management updates to Oracle Supply Chain Management (SCM) Cloud. The updates include a new logistics network modeling product and enhanced transportation management and global trade management capabilities. The latest innovations can help customers drive better business outcomes by enhancing supply chain responsiveness, optimizing shipments and asset utilization, and improving productivity across global supply chains.  

“Expectations are not only increasing, they also are constantly evolving. To meet these demands, organizations need customer-driven supply chains that deliver the agility required to rapidly respond,” said Derek Gittoes, vice president, SCM Product Strategy, Oracle. “Disruptions due to customer demand volatility, new product introductions, government regulation changes, and a host of other factors, leave supply chain professionals struggling to adapt. To eliminate this guessing game of how best to respond, we are giving our customers the insights they need to improve decision making and increase efficiency of logistics operations.”

To help organizations quickly and easily analyze and respond to logistics network changes, Oracle has added a new Logistics Network Modeling product to Oracle Logistics Cloud. The new product enables customers to analyze logistics networks using real-time, operational data—all within the context of their own cloud environment. Unlike point solutions that often inaccurately model real-world conditions, Logistics Network Modeling analyzes real production data in the context of a customer’s unique rules, policies, and planning algorithms to show the true impact of change on logistics operations. This enables Oracle customers to enhance decision making and quickly improve agility and profitability.

“With global trade policies in flux, organizations of all sizes are struggling to make sense of changing regulations and unstable global duty rates,” said Gittoes. “To help our customers combat global trade instability and improve efficiency, while lowering costs and minimizing risk, we have introduced a series of updates to Oracle Transportation Management Cloud Service and Oracle Global Trade Management Cloud Service. The latest updates can help our customers reduce risk and take advantage of preferential trade contracts and agreements.”

To help customers lower supply chain costs, reduce supply chain risk, and adapt to evolving trade regulations, Oracle has updated Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud. The latest updates enable customers to better support trade compliance and customs processes, such as country of origin management, or certificate management associated with trade agreements. The net result is more effective use of preferential trade agreements, which can lead to lower supply chain costs and reduced risk.

"Goods are traveling further and faster than ever before, and as supply chains flatten the globe, understanding the complexities and interferences that may arise in real-time can be a game changer for those orchestrating the operations,” said Victoria Brown, research director of Global Supply Chain at IDC. “Furthermore, being able to not only manage those interruptions, but also the cross-border considerations at hand, expedites and simplifies global operations management for shippers helping them take back control of their cargo and freight."

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

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

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Bill Rundle

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Oracle Helps Comms Providers Intelligently Launch New Services

Tue, 2019-05-14 07:00
Press Release
Oracle Helps Comms Providers Intelligently Launch New Services New AI-based tech fuels the creation of more relevant, impactful digital offers for customers

Redwood Shores, Calif.—May 14, 2019

Customers today simply expect more from their communications service providers (CSPs). Instead of buying expensive broad scale offerings, customers want CSPs to propose services, devices, plans and pricing that best meet their unique lifestyle or business needs.

To meet this demand, Oracle has developed the Oracle Enterprise Catalog for Communications, as part of the Oracle Digital Experience for Communications solution. Oracle Enterprise Catalog for Communications empowers CSPs to easily launch new service offers and tailor them to specific customer micro-segments to improve engagement. By providing a common and consistent definition of product information, Oracle Enterprise Catalog for Communications helps CSPs simplify and streamline offer introduction across sales, ecommerce, ordering, fulfillment and billing.

For example, a CSP can quickly launch a compelling new digital content offer – one that might include music, video, 5G and an IoT-based digital assistant – by easily configuring its pricing, discounts and promotions for  various channels and fulfillment paths– all from one central platform. 

“At Oracle, data is simply part of our DNA,” said Rob Tarkoff, executive vice president and general manager, Oracle CX Cloud. “We use the industry’s richest dataset available to accurately anticipate customer needs, then leverage this in our innovative CX cloud applications like Oracle Enterprise Catalog for Communications. This enables CSPs to rapidly design and launch compelling AI-recommended offers that target the right customers, in just the right way, and at just the right time to maximize uptake, revenue, customer satisfaction and loyalty.”

A New Era of Tailored Communications Services

Expected to be generally available in Oracle’s fiscal year 2020, Oracle Enterprise Catalog for Communications enables CSPs to rapidly create offer bundles of existing products, commercial terms and conditions, as well as the creation of completely new product offerings.

As part of the Oracle Digital Experience for Communications solution, Oracle Enterprise Catalog for Communications gives service providers in communications and media the means to accelerate their digital business. Oracle Enterprise Catalog for Communications is a key component within Oracle’s intelligent, holistic offer introduction framework that enables higher commercial success with fewer offer launches. It starts with offer ideation, leveraging social, marketing and intelligent customer insights to generate relevant, personalized and timely offers for specific customer audiences. Once the offers are designed by Oracle Enterprise Catalog for Communications, the framework then enables the launch and presentation of offers through customers’ channels of choice, using AI to increase offer uptake and providing CSPs with real time offer analytics.

“As CSPs look to launch and expand new 5G and IoT-based digital services increasingly with ecosystem partners, it is essential they be able to accurately determine which offers are most likely to drive adoption with specific audiences,” said John Abraham, principal analyst, research, Analysys Mason. “But to drive profitable revenue growth, CSPs also need the operational agility to define and synchronize their product and offer details – what they sell, what gets ordered and delivered and what gets billed – across all participating systems.”

Embracing the Larger Comms Ecosystem through Open Standards

Oracle Enterprise Catalog for Communications is based on the TM Forum canonical communications model and supports full offer lifecycle management. As an enterprise catalog, Oracle Enterprise Catalog for Communications is pre-integrated with Oracle’s sales, commerce, fulfillment and billing capabilities and Oracle Siebel CRM for ease of importing catalog information. Oracle Enterprise Catalog for Communications also integrates with external participating systems using the standards-based TM Forum Open API as part of a broader concept to cash to care solution.

“With this announcement and as a signatory to the TM Forum Open API manifesto, Oracle is further demonstrating the industry value of adopting extensible open APIs to expose and consume a catalog of capabilities to drive innovation and monetization of new products and services,” said George Glass, vice president architecture & APIs, TM Forum. “The adoption of these APIs enables companies like Oracle to execute at digital speeds and capitalize on the opportunities presented by an increasingly connected world.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Amy Dalkoff
Hill+Knowlton Strategies
+1.312.255.3078
amy.dalkoff@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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. 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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Amy Dalkoff

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Rising Star in Digital Telco Market Calls on Oracle

Tue, 2019-05-14 07:00
Press Release
Rising Star in Digital Telco Market Calls on Oracle Circles.Life deploys Oracle to monetize digital telco and lifestyle services

Redwood Shores, Calif.—May 14, 2019

Asia’s first fully digital telco, Circles.Life is working with Oracle to give power back to the customers and lead innovation in the digital industry. Oracle’s monetization engine empowers Circles.Life’s customers with the freedom to control their telco needs and customize their plans directly on the Circles.Life app.

As the company plans to expand internationally and create more digital lifestyle products, Circles.Life sought a solution to support convergent charging and policy. The company selected Oracle for its ability to scale with even the most complex digital offerings and high-performance infrastructure. Gold level member of Oracle PartnerNetwork (OPN), Covalense Technologies led the implementation based on its proven deployment experience and track record success.

“Our vision is to revolutionize the telco industry by giving our customers unprecedented control of their telco and digital experience,” said Changez Khan, Circles.Life’s head of telco systems engineering. “Oracle helps us to automate our telco systems and gives a differentiated platform so we can create various digital services beyond telco across geographies.”

The monetization capabilities of Oracle’s Digital Experience for Communications solution, powered by Oracle Communications’ Billing and Revenue Management Elastic Charging Engine and Oracle Communications Policy Management, provides a scalable and future-proof solution that enables Circles.Life to monetize voice, messaging and data services.

“In today’s digital age, consumers have come to expect simplicity, personalization and complete control over their services,” said Doug Suriano, senior vice president and general manager of Oracle Communications. “Together with our partner Covalense, we are proud to have enabled Circles.Life to deliver exactly that, by leading the way in taking digital experience to the next level with their innovative digital telco products.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Amy Dalkoff
Hill+Knowlton Strategies
+1.312.255.3078
amy.dalkoff@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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

About Circles.Life

Circles.Life was born with a vision to revolutionize the telco industry by giving power back to customers. Circles.Life applies a cloud-based business model to automate telco systems and delivers a highly customizable mobile service that users can manage through the Circles.Life app. Since its launch in 2016, Circles.Life has become the fastest-growing telco in Singapore. The company’s ambition is to expand to more countries and create a highly personalized digital service that goes beyond telco.

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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

  • +1.202.904.1138

Amy Dalkoff

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Austrian Service Provider Evolves Digital Offerings with Oracle

Tue, 2019-05-14 07:00
Press Release
Austrian Service Provider Evolves Digital Offerings with Oracle ORS Group taps Oracle Communications to modernize, monetize and manage content delivery

Redwood Shores, Calif.—May 14, 2019

Service providers in the media industry must boost revenue while also developing new digital offerings to meet changing customer demands. As ORS Group evolved from a network operator to a digital content gateway, it needed to enable the delivery of modern TV and radio solutions via terrestrial, satellite, cable and IP networks. Leveraging the Oracle Digital Experience for Communications platform, ORS Group will be able to get products to market faster, increase operational agility, and lower the cost of customer service for providers delivering digital content.

“As we support the continued market and technology innovations in the distribution of digital content, ORS needs both flexible technology and trusted partners who can help us navigate the waves of change,” said Michael Wagenhofer, chief executive officer, ORS. “The Oracle Digital Experience for Communications platform provides us a complete, agile solution to support our core business, enabling flexibility, rapid product introduction and fast solution configuration as we continue our digital transformation.”

The Oracle Digital Experience for Communications platform, featuring Oracle Communications Billing and Revenue Management, provides an enterprise-grade subscription management engine for digital, media and 5G services. The platform has been proven to scale in real-time across even the most challenging industries and business models, spanning both B2B and B2C. Coupled with Oracle Service Cloud, another key element of the platform, ORS will be able to help its users better serve and understand their customers and quickly deliver the right answers to their questions through their preferred service channels.

As the Oracle solution is delivered via the Oracle Cloud and managed by Oracle Communications Consulting, ORS will be able to free up valuable IT resources and benefit from comprehensive ongoing updates that are provided standard in this cloud solution.

“As enterprises and service providers shift to match market demands and reinvent themselves as digital service providers, they’re seeking deeper insight about their customers and means to engage them via new digital channels,” said Doug Suriano, senior vice president and general manager of Oracle Communications. “To achieve this, focused media service providers, such as ORS and the biggest providers alike need to engage the market in a truly ‘digital’ manner through simplification of process, organization and systems that then enable automation for scale and efficiency.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Amy Dalkoff
Hill+Knowlton Strategies
+1.312.255.3078
amy.dalkoff@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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

About the ORS Group

The ORS Group was formed in 2005 from ORF’s broadcast engineering services and consists of ORS (Österreichische Rundfunksender GmbH & Co KG) and its subsidiary ORS comm (ORS comm GmbH & Co KG).

The Group has taken advantage of the digital transformation and evolved from a transmitter network operator to a “digital content gateway”. With its digital infrastructures, it guarantees content providers the realisation of modern TV and radio solutions via terrestrial, satellite, cable and IP.

For further information www.ors.at

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Katie Barron

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Oracle Again a Leader in Gartner Magic Quadrant for Enterprise Integration Platform as a Service

Mon, 2019-05-13 07:00
Press Release
Oracle Again a Leader in Gartner Magic Quadrant for Enterprise Integration Platform as a Service Report solidifies Oracle’s leadership in execution and vision for enterprise customers

Redwood Shores, Calif.—May 13, 2019

For the third straight year, Oracle was named a Leader in Gartner’s 2019 “Magic Quadrant for Enterprise Integration Platform as a Service (iPaaS)” report.

iPaaS offerings are crucial for the modern enterprise to adopt hybrid digital transformation strategies, making this recognition a testament to Oracle’s continued success in delivering value to its large enterprise customers.

“Successfully transforming into a digital business requires putting into place the foundation of agile connectivity spanning any combination of cloud-native and on-premises,” said Bruce Tierney, director of product marketing for Integration, Oracle. “Being recognized as a Leader for the third year in a row demonstrates our ability to help customers innovate now and in the future.”

According to the report, Oracle’s strong global presence is a major benefit for end users. Oracle’s broad network enables them to use Oracle Integration Cloud locally, whether directly or through Oracle’s SaaS and PaaS channels, almost anywhere in the world. Its offerings in PaaS, IaaS, and SaaS technology sectors make Oracle one of the most cohesive and versatile enterprise iPaaS suites on the market.

Oracle’s iPaaS services include Oracle Integration Cloud and Oracle SOA Cloud Service and eliminate barriers between business applications through a combination of machine learning, embedded best-practice guidance, pre-built integration, and process automation. Oracle Integration Cloud is an easy to use and powerful integration platform targeting ad hoc integrators with tools such as process automation, while Oracle SOA Cloud delivers a high-control platform for specialist integrators. With more than 100 adapters, customers can quickly integrate and scale Oracle, third-party, and on-premises applications, APIs, people and devices. Additionally, Oracle has many other cross-PaaS offerings that can be combined with Oracle’s iPaaS services to deliver greater productivity. Those services include data integration to support real-time data streaming, batch data processing, and enterprise data quality and governance; Oracle API Platform Cloud Service for API first design and management; and Oracle Internet of Things (IoT) Cloud Service for IoT integration. Oracle API Platform Cloud, leveraging the unique API-first design tool from Apiary that is used by over 300,000 developers and 400,000 APIs, is designed to eliminate the complexities associated with transforming on-premises API solutions into the cloud so companies can thrive in the digital economy.

Download a complimentary copy of Gartner’s 2019 "Magic Quadrant for Enterprise Integration Platform as a Service" here.

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
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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Oracle Applies Cutting-Edge Tech to Enhance Fan Experiences

Wed, 2019-05-08 07:00
Blog
Oracle Applies Cutting-Edge Tech to Enhance Fan Experiences

By Barbara Darrow—May 8, 2019

Applying cloud computing, analytics, and machine learning to reams of data can modernize age-old activities like taking in a baseball game, watching a sailboat race,—or tracking product inventories—Oracle executives say.

Oracle execs and officials from the SailGP yacht race series gathered at San Francisco’s Golden Gate Yacht Club for Oracle Media Days to talk about how technology can make work and leisure activities better

Inside Oracle’s AI and Emerging Tech Strategy and Innovations

The Palma, Majorca-based Melia resort chain is rolling out a waterproof bracelet embedded with an NFC chip that lets guests unlock their rooms, order cocktails, book massages within the resort and buy things outside the property without a wallet or credit card.

Working with Melia, Oracle engineers came up with nearly two dozen possible uses for such a device in days. A first test of the bracelet, run in Majorca, went well and now the system is going live elsewhere, said Neil Sholay, vice president, Digital Innovation, Oracle.

Sholay’s “co-innovation teams”—comprised of developers, digital designers, business modelers, and consultants—work with customers on a real business problem that they have struggled to solve. “In 10 weeks, we’ll take that challenge, find ideas, build prototypes, validate it with client data, and then get it into execution,” Sholay said.

The idea of a smart “wearable” is to give consumers what they want without hassle and for the business to gain access—with customer opt-in—to useful information.

The availability of data and great ways to use it are obviously valuable in less exotic workplaces as well. Smart companies want to wring more out of their own “first-party” data, and relish the idea of making better use of that data to cut costs and grow revenue.

“We are focused on embedding machine learning in our business applications,” said Melissa Boxer, vice president of Adaptive Intelligence Applications for Oracle. 

These applications come “ready to go, with pre-tuned data models, what you need to feed the business requirement whether it’s next-best-action for a salesperson or expense auditing,” Boxer said.

By integrating machine learning into commonly used business applications customers can take advantage of the technology in a familiar context with the data they already have. They don’t necessarily need to know that machine learning is even in there.

In addition to helping organizations get the most out of their own data, Oracle provides “third party data” from other sources that can enrich their customer’s applications with context from the real world.

The combination of internal data with contextual “signals” about what’s happening at a company—credit rating changes or new product launches—can help businesses “better categorize suppliers and understand which might be the best to work with,” Boxer said.

Oracle’s Commitment to Sports, Fan Experience and Technology Innovation

Most people go to sporting events to see what’s happening on the field. Any time they spend standing in line trying to buy food or drinks, detracts from that goal.

This is not a trivial problem. A ticket holder who doesn’t buy food equates to lost revenue for the venue, and less fun for the fan.

A recent survey found that most sports enthusiasts will embrace things that make it easier to get food and drinks although they don’t want to be distracted by the technology.

“Fans want convenience of mobile payments and kiosks but they don’t want tech for tech’s sake,” said Simon de Montfort Walker, senior vice president and general manager of Oracle’s Food and Beverage Global Business Unit

Collecting data about stadium traffic flow helps alleviate soul-sapping congestion. A computer vision system that sees where lines are shortest can push alerts to redirect people thus alleviating long waits at food stands and restrooms.

SailGP: Powered by technology Innovation

Racing space-age yachts in San Francisco Bay (or anywhere) presents its own set of technological and athletic hurdles. SailGP catamarans are the fastest boats in the world, capable of reaching speeds of up to 50 knots (or 60 mph on land), said Sir Russell Coutts, CEO of SailGP and five-time Americas Cup Winner.

Hans Henken, flight controller for the USA SailGP Team, described the experience for those who’ve never raced:

“It’s like driving your car down the freeway with the top down in the pouring rain. The exit is coming up fast, you change lanes and find your traction controls are off, you slam on the brakes and the brakes are out. You have to make quick decisions in a lot of spray, and it’s very, very noisy.”

In SailGP races, all of the boats are built to the same specifications, meaning that any edge the crew can get from 1,200 embedded sensors could be the difference between victory and defeat.

Sensor data is sent to the Oracle cloud in 200 msec, less time than the time it takes to blink, said Edwin Upson, Oracle group vice president of Enterprise Cloud Architects. Then it is returned to the crew for analysis in near-real-time.

Sailors on the boat and off-boat crews parse the data, plus audio and video from shipboard cameras, to adjust to changing conditions.

The same technology will help spectators track action on their tablets with a live TV feed and information about boat location and performance. “You can customize your view, zoom in and out, change which boat you’re tracking and change the camera view on a given boat,” Upson said.

Oracle sees opportunity in the intersection of technology and sports, an area Judy Sim, chief of staff and senior vice president of marketing calls “fast entertainment.”

“This is all about building cool new fan experiences that extend way beyond their seats,” she said.

Alan Zeichick contributed to this story.

Retailers Tap Oracle AI to Better Serve Customers

Wed, 2019-05-08 07:00
Press Release
Retailers Tap Oracle AI to Better Serve Customers Notebook-based data science tools make it easier for retailers to turn their data into a powerful business asset

Redwood Shores, Calif.—May 8, 2019

The competition in retail is fierce and great products alone are no longer enough. Whether shopping online or in person, customers want seamless, personalized shopping experiences. Helping retailers compete by making better use of their data, Oracle continues to weave significant artificial intelligence (AI) and machine learning capabilities into its Retail Insights and Science Suite.

With new features, such as notebook-based data science tools, retailers can quickly deploy new data science-driven solutions to further engage and delight customers across channels. As an example, a retailer can build machine learning models within their Oracle Retail solutions to extract insights from images, sense demand from social media, or re-balance inventory to maximize productivity. 

“Notebook-based solutions offer open source without the hassles,” according to Forrester1. They leverage innovations in open source machine learning to enable data scientists to create models in their development languages of choice, such as Python or R. As such, they can speed new learnings that can both enhance the customer experience and bottom line results. 

A leading Saudi Arabia pharmacy retailer, Nahdi Medical Company, applied these principles when they needed to create a new AI and machine learning model that could correlate customer engagement with marketing campaigns to identify and reward loyal customers. 

“By taking the innovative predictive models provided by Oracle Retail Science Platform Cloud Service and coupling 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.”

Standout Features of the Oracle Retail Insights and Science Suite

With the Retail Science and Insights Suite business leaders and data scientists can deliver faster decisions with greater precision and innovations that drive tangible results.

“Most machine learning projects fall short on delivering tangible business benefits. Not because the innovation is misaligned with a business objective but because it is difficult to operationalize innovation,” said Jeff Warren, vice president, Oracle Retail. “The Retail Science Platform delivers the standardization and controls that enterprises need to accelerate their new offerings and swiftly integrate them into their business workflows. With the addition of notebook-based tools, our solution is a force to be reckoned with in predictive analytics and machine learning for the retail industry.”

New advances include:

  • Notebook-based predictive analytics and machine learning solutions that give retailers the ability to bring innovations to market with faster speed and efficiency.
  • Customer Lifetime Value, RFM and Engagement Score are now available in the Retail Insights suite so that retailers can manage to essential, modern retail KPIs associated with acquiring and retaining customers.
  • Affinity Analysis enhancements that enable retailers to drill down into critical information and answer questions such as, “How do affinities for a particular store compare to the region?” and “What were the halo effects of a particular event?”
 

“Retailers all know they need advanced analytics and retail science to drive their business forward, but they don’t all have the luxury of hiring on a data science team,” said Marc Koehler, solution director, Oracle Retail. “We continue to enhance Oracle Retail Insights and Science Suite to provide retailers with packaged insights and science applications, including Customer Insights Cloud Service and Offer Optimization Cloud Service, as well as the innovation workbench so that they can leverage best of both worlds.”

1 Forrester Research, Inc. The Forrester Wave™: Notebook-Based Predictive Analytics And Machine Learning Solutions, Q3 2018,” September 5, 2018, by Kjell Carlsson, Ph.D., Mike Gualtieri with  Srividya SridharanAldila Yunus, Robert Perdoni

Contact Info
Kris Reeves
Oracle
+1.925.787.6744
kris.reeves@oracle.com
About Oracle Retail

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

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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Gaming Solutions Provider Doubles-Down on Oracle

Tue, 2019-05-07 07:00
Press Release
Gaming Solutions Provider Doubles-Down on Oracle Betinvest bets on Oracle Monetization Cloud to support real-time digital wallet management and full financial compliance

Redwood Shores, Calif.—May 7, 2019

Betinvest LTD, an international gaming solutions provider, has bet on Oracle to monetize its innovative i-gaming digital services. With the ability to handle high transaction volumes common in the gaming industry, Oracle Monetization Cloud will enable Betinvest to offer partners a single, agile system for handling their complex business needs while helping ensure compliance with international financial system standards.

Betinvest provides a software platform that enables betting on more than 80 sports around the world. With 20 years of industry experience, the award-winning solution is developed and supported by hundreds of IT specialists, trading analysts and statisticians. Innovating in high-growth areas such as eSports, virtual gaming, mobile gaming and data feeds, Betinvest requires its technology tools to easily scale so the business can quickly launch new services using a variety of data formats. Operating with the promise of no downtime, the company delivers real-time data and accurate statistics to clients across Europe, North America, Asia and Africa.

“As the first client in the gaming industry to use Oracle Monetization Cloud we can provide our global partners with the tools to manage their digital wallet balances in real time and understand all the financial aspects of their high-volume business activities,” said Olena Kopeikina, Chief Financial Officer of Betinvest LTD. “We are integrating Oracle Monetization Cloud into one of our clients’ platforms, which will give them a new, flexible billing system, revenue management capabilities and the ability to manage their players using a single tool. In addition, using a billing system like this will make our partner companies more transparent in dealing with banks and investors.”

Oracle Monetization Cloud provides Betinvest partners with a single system to manage player information, currency balances and digital wallets, tracking all transactions and financial activity. This comprehensive and unified view of each player enables Betinvest to deliver personalized support for partners on technical, risk management and trading matters.

“As businesses innovate into the growing digital services arena, they require powerful monetization capabilities to handle high volume, real-time, complex transactions and integrate with third party solutions,” said Doug Suriano, senior vice president and general manager of Oracle Communications. “The gaming industry is one of many facing these challenges today. Betinvest and Oracle Monetization Cloud make a winning combination, and Betinvest can now deliver these flexible capabilities to its partners and players.”

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.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 a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks

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

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Katie Barron

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