New Survey Finds Enterprises Racing to Deliver New Pricing Models to Support and Enhance Customer Experiences

Press Release

New Survey Finds Enterprises Racing to Deliver New Pricing Models to Support and Enhance Customer Experiences

Redwood Shores, Calif.—Sep 20, 2017



A new Oracle Communications survey announced today “Monetization as a Competitive Advantage: New Services, New Opportunities,” highlighted the need for enterprises to move quickly to monetize new services to enhance customers interactions. The study found that enhancing customer experience is the most critical business objective for enterprises today and 75 percent of respondents see launching subscription-based services as a top priority as they look to digitally transform their customer engagement strategy.

To learn more about the study download the Infographic.

“Delivering an unmatched customer experience is now the source of competitive differentiation in all industries,” said Doug Suriano, senior vice president, general manager, Oracle Communications. “Today’s subscription monetization goes well beyond simple billing and receivables, and has only scratched the surface of what’s to come in the way of new digital services. Companies who create an agile, flexible program that can meet the needs of their customers today and well into the future will win.”

Companies are looking to deepen customer relationships by shifting the delivery of goods and services that require just a single touchpoint, to ones that foster recurring interactions. Whether companies are looking to monetize connected cars, using sensors to aggregate and monetize data, or transitioning their products to a Software as a Service (SaaS) delivery model, they are undergoing a digital transformation that requires flexible new pricing, billing, revenue management, and real-time subscriber management capabilities. However, only 26 percent of respondents have currently implemented a monetization solution. To compete for customer loyalty, companies need to move fast. Those companies that are already launching subscription-based services are reaping the benefits and a competitive advantage – with revenue growth reaching one to nine percent higher than plan. 

The survey also found that:

  • New Pricing Models are on the Rise: 63 percent of enterprises are implementing new ways to monetize their offerings with packaged/bundled products or digital services and 61 percent plan to offer usage/ consumption based charges.
  • New Models Require Modern Solutions: 54 percent of enterprises agree that their existing billing/monetization processes aren’t capable of handling the current and future needs of their organization. These enterprises also noted that without a new monetization solution they fear loss of revenue, slower growth and loss of customers. As such, future capabilities in monetization technology are critical in the selection process, with 63 percent of respondents noting they are thinking 3-5 years out in terms of needed capabilities.
  • Enterprises Require an Integrated Experience: 62 percent of enterprises are looking for a single vendor for CRM, ERP, and monetization solutions as opposed to using separate vendors for each; and 68 percent agree it is important for their monetization solution to tightly integrate with their CRM system.

 

Part of the Oracle Communications portfolio, Oracle Monetization Cloud empowers innovative businesses to launch competitive pricing models in the era of digital commerce. The new cloud service accelerates time to market for digital and subscription-based products and services by enabling the full life cycle of customer on-boarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.


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

Kristin Reeves
Blanc & Otus
+1.925.787.6744
kreeves@blancandotus.com

About Oracle

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

Trademarks

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


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Katie Barron

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Kristin Reeves

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Oracle Unveils New Programs that Transform how Customers Buy and Consume Cloud

Press Release

Oracle Unveils New Programs that Transform how Customers Buy and Consume Cloud

Oracle announces lowest list prices, higher performance, and more automation to provide customers with the lowest total cost of ownership

Redwood Shores, Calif.—Sep 19, 2017



At a live event today, Oracle Executive Chairman of the Board and CTO Larry Ellison announced new programs that lower costs by delivering increased automation and flexibility, and enable customers to get more value from their existing Oracle software investments. The new Oracle Cloud programs include Bring Your Own License to PaaS and Universal Credits.

“We are completely transforming the way all companies buy and use cloud by providing flexibility and choice,” said Ellison. “Today, we combined the lowest prices with the highest performance and more automation to deliver a lower total cost of ownership for our customers.”

While organizations are eager to move to the cloud, many have not due to obstacles that have forced them to choose between flexibility and lower costs. They have been challenged by the complexity of the cloud and the inability to rebalance spend across different services. Organizations have also been constrained by limited visibility and control over cloud spend. Until now, they have been unable to fully leverage their on-premises software investments in the cloud, having been limited to IaaS services or sacrificing key database features at the PaaS layer. Oracle’s new cloud programs address customers’ cloud adoption challenges by improving and simplifying the way they purchase and consume cloud services.

Bring Your Own License to Oracle Database PaaS: Delivering Increased Value Through License Mobility

Currently, customers are able to bring their on-premises licenses to Oracle IaaS. Today, Oracle is expanding the offering by enabling customers to reuse their existing software licenses for Oracle PaaS, including Oracle Database, Oracle Middleware, Oracle Analytics, and others. Customers with existing on-premises licenses can leverage that investment to use Oracle Database Cloud at a fraction of the old PaaS price. Running Oracle Database on Oracle IaaS is faster and offers more features than Amazon, delivering the industry’s lowest total cost of ownership. Additionally, customers can further reduce management and operational costs required for on-premises maintenance by taking advantage of this PaaS automation.

Universal Credits: Flexible Buying and Consumption Choices for Oracle’s PaaS and IaaS Services

Oracle is introducing Universal Credits, the industry’s most flexible buying and consumption model for cloud services. With Universal Credits, customers have one simple contract that provides unlimited access to all current and future Oracle PaaS and IaaS services, spanning Oracle Cloud and Oracle Cloud at Customer.  Customers gain on-demand access to all services plus the benefit of the lower cost of pre-paid services. Additionally, they have the flexibility to upgrade, expand or move services across datacenters based on their requirements. With Universal Credits, customers gain the ability to switch the PaaS or IaaS services they are using without having to notify Oracle. Customers also benefit from using new services with their existing set of cloud credits when made available.

Oracle’s new Universal Credit and Bring Your Own License to PaaS will be available on September 25, 2017. These programs span Oracle Cloud and Oracle Cloud at Customer.


Contact Info
Jessica Moore
Oracle Corporate Communications
650.506.3297
jessica.moore@oracle.com

Nicole Maloney
Oracle Corporate Communications
650.506.0806
nicole.maloney@oracle.com

About Oracle

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

Trademarks

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

Safe Harbor

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

Statements in this article relating to Oracle’s future plans, expectations, beliefs, intentions, and prospects are “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect Oracle’s current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle’s business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including Oracle’s most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this article is current as of September 19, 2017, and Oracle undertakes no duty to update any statement in light of new information or future events. 


Talk to a Press Contact

Jessica Moore

  • 650.506.3297

Nicole Maloney

  • 650.506.0806

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Oracle’s New SPARC Systems Deliver 2-7x Better Performance, Security Capabilities, and Efficiency than Intel-based Systems

Press Release

Oracle’s New SPARC Systems Deliver 2-7x Better Performance, Security Capabilities, and Efficiency than Intel-based Systems

World’s most advanced processor adds breakthrough performance and security enhancements with Software in Silicon v2 for Oracle Cloud, Oracle Engineered Systems, and Servers

Redwood Shores,Calif.—Sep 18, 2017



Oracle today announced its eighth generation SPARC platform, delivering new levels of security capabilities, performance, and availability for critical customer workloads. Powered by the new SPARC M8 microprocessor, new Oracle systems and IaaS deliver a modern enterprise platform, including proven Software in Silicon with new v2 advancements, enabling customers to cost-effectively deploy their most critical business applications and scale-out application environments with extreme performance both on-premises and in Oracle Cloud.

SPARC M8 processor-based systems, including the Oracle SuperCluster M8 engineered systems and SPARC T8 and M8 servers, are designed to seamlessly integrate with existing infrastructures and include fully integrated virtualization and management for private cloud. All existing commercial and custom applications will run on SPARC M8 systems unchanged with new levels of performance, security capabilities, and availability. The SPARC M8 processor with Software in Silicon v2 extends the industry’s first Silicon Secured Memory, which provides always-on hardware-based memory protection for advanced intrusion protection and end-to-end encryption and Data Analytics Accelerators (DAX) with open API’s for breakthrough performance and efficiency running Database analytics and Java streams processing. Oracle Cloud SPARC Dedicated Compute service will also be updated with the SPARC M8 processor.

“Oracle has long been a pioneer in engineering software and hardware together to secure high-performance infrastructure for any workload of any size,” said Edward Screven, chief corporate architect, Oracle. “SPARC was already the fastest, most secure processor in the world for running Oracle Database and Java. SPARC M8 extends that lead even further.”

The SPARC M8 processor offers security enhancements delivering 2x faster encryption and 2x faster hashing than x86 and 2x faster than SPARC M7 microprocessors. The SPARC M8 processor’s unique design also provides always-on security by default and built-in protection of in-memory data structures from hacks and programming errors. SPARC M8’s silicon innovation provides new levels of performance and efficiency across all workloads, including:  

  • Database: Engineered to run Oracle Database faster than any other microprocessor, SPARC M8 delivers 2x faster OLTP performance per core than x86 and 1.4x faster than M7 microprocessors, as well as up to 7x faster database analytics than x86.
  • Java: SPARC M8 delivers 2x better Java performance than x86 and 1.3x better than M7 microprocessors.  DAX v2 produces 8x more efficient Java streams processing, improving overall application performance.
  • In Memory Analytics: Innovative new processor delivers 7x Queries per Minute (QPM)/core than x86 for database analytics.

 

Oracle is committed to delivering the latest in SPARC and Solaris technologies and servers to its global customers. Oracle’s long history of binary compatibility across processor generations continues with M8, providing an upgrade path for customers when they are ready. Oracle has also publicly committed to supporting Solaris until at least 2034.


Contact Info
Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com

Kristin Reeves
Blanc and Otus
+1.925.787.6744
kristin.reeves@blancandotus.com

About Oracle

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

Trademarks

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


Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Kristin Reeves

  • +1.925.787.6744

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Q1 FY18 GAAP EPS UP 19% TO $0.52 and NON-GAAP EPS UP 12% TO $0.62

Press Release

Q1 FY18 GAAP EPS UP 19% TO $0.52 and NON-GAAP EPS UP 12% TO $0.62

Q1 FY18 Cloud Revenues Up 51% to $1.5 Billion and Total Revenues Up 7% to $9.2 Billion

Redwood Shores, Calif.—Sep 14, 2017



Oracle Corporation (NYSE: ORCL) today announced fiscal 2018 Q1 results. Total Revenues were up 7% from the prior year to $9.2 billion. Cloud plus On-Premise Software Revenues were up 9% to $7.4 billion. Cloud Software as a Service (SaaS) revenues were up 62% to $1.1 billion. Cloud Platform as a Service (PaaS) plus Infrastructure as a Service (IaaS) revenues were up 28% to $400 million. Total Cloud Revenues were up 51% to $1.5 billion.

GAAP Operating Income was up 7% to $2.8 billion and Operating Margin was 31%. Non-GAAP Operating Income was up 11% to $3.8 billion and non-GAAP Operating Margin was 41%. GAAP Net Income was up 21% to $2.2 billion, while non-GAAP Net Income was up 14% to $2.7 billion. GAAP Earnings Per Share was up 19% to $0.52, while non-GAAP Earnings Per Share was up 12% to $0.62.

Short-term deferred revenues were up 9% compared with a year ago to $10.3 billion. Operating cash flow on a trailing twelve-month basis was up 8% to $14.8 billion.

“The sustained hyper-growth in our multi-billion dollar cloud business continues to drive Oracle’s overall revenue and earnings higher and higher,” said Oracle CEO, Safra Catz. “In Q1, total revenues were up 7%, GAAP EPS was up 19%, and non-GAAP EPS was up 12%. Oracle is off to a very, very strong start in FY18.”

“With SaaS revenue up 62%, our cloud applications business continues to grow more than twice as fast as Salesforce.com,” said Oracle CEO, Mark Hurd. “ERP is our largest and most important cloud applications business. We now have about 5,000 Fusion ERP customers plus 12,000 NetSuite ERP customers in the Oracle Cloud. That’s 30 times more ERP customers than Workday.”

“In a couple of weeks, we will announce the world’s first fully autonomous database cloud service,” said Oracle Chairman and CTO, Larry Ellison. “Based on machine learning, the latest version of Oracle is a totally automated “self-driving” system that does not require human beings to manage or tune the database. Using AI to eliminate most sources of human error enables Oracle to offer database SLA’s that guarantee 99.995% reliability while charging much less than AWS.”

The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 11, 2017, with a payment date of October 25, 2017.

Q1 Fiscal 2018 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q1 results and Fiscal 2018 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Passcode: 82330974.


Contact Info
Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com

Deborah Hellinger
Oracle Corporate Communciations
+1.212.508.7935
deborah.hellinger@oracle.com

About Oracle

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

Trademarks

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

“Safe Harbor” Statement

Statements in this press release relating to Oracle’s future plans, expectations, beliefs, intentions and prospects, including statements regarding the growth of our cloud applications business compared to competitors and the announcement regarding our new autonomous database cloud service, are all “forward-looking statements” and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (3) If the security measures for our products and services are compromised or if our products and services contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and reduced sales. (4) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Economic, geopolitical and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (7) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our U.S. Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or by contacting Oracle Corporation’s Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of September 14, 2017. Oracle undertakes no duty to update any statement in light of new information or future events. 


Talk to a Press Contact

Ken Bond

  • +1.650.607.0349

Deborah Hellinger

  • +1.212.508.7935

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Oracle Joins the Cloud Native Computing Foundation

Press Release

Oracle Joins the Cloud Native Computing Foundation

Continues Open Source Commitment with Release of Kubernetes on Oracle Linux and Terraform Kubernetes Installer for Oracle Cloud Infrastructure

OpenSource Summit North America, Los Angeles—Sep 13, 2017



Oracle announced today that it has joined the Cloud Native Computing Foundation (CNCF) as a Platinum Member. In addition, Oracle is releasing Kubernetes on Oracle Linux and open sourcing a Terraform Kubernetes Installer for the next-generation Oracle Cloud Infrastructure. As such, developers gain unparalleled simplicity for running their cloud native workloads on Oracle.

As enterprises accelerate how they build and deploy mission-critical applications, development teams are seeking an open, cloud-neutral, container-native technology stack that avoids lock-in. By joining CNCF, Oracle is demonstrating its support for this effort as well as the Kubernetes open-source community, the core component of the CNCF technology stack.

Kubernetes is the industry leading open source container orchestration and management platform rapidly emerging as the standard for containerized applications. Deploying Kubernetes can be complex, especially with regards to storage, security and networking. By open sourcing its fully-supported, automated Kubernetes Terraform template for the Oracle Cloud Infrastructure, Oracle is helping developers avoid these challenges and easily install, run and manage Kubernetes-based container apps with the extreme performance of bare metal.

Additionally, Oracle is releasing Oracle Linux Container Services for use with Kubernetes, simplifying the configuration and setup of Kubernetes for any environment on Oracle Linux: public cloud, private cloud, and customer on-premises. This solution has been developed as an extension to Oracle Linux and Oracle Linux Container Services for Docker, with a streamlined installation model so developers can easily setup and deploy their orchestration environment in a matter of minutes.

“Nobody has more experience managing complex enterprise workloads than Oracle. By joining the CNCF, we’re making it easier for enterprises to leverage the power of container-native technology to simplify their infrastructure environments to run in true hybrid cloud mode – in any cloud,” said Mark Cavage, vice president of software development at Oracle. “CNCF technologies such as Kubernetes, Prometheus, gRPC and OpenTracing are critical parts of both our own and our customers’ development toolchains. Together with the CNCF, Oracle is cultivating an open container ecosystem built for cloud interoperability, enterprise workloads and performance.”

“Oracle has decades of experience meeting the needs of world-class enterprises,” said Chris Aniszczyk, chief operating officer of the Cloud Native Computing Foundation. “We are excited to have Oracle join CNCF as a platinum member, and believe that their key role will help define the future of enterprise cloud.”

Today’s announcement follows a string of recent news underscoring Oracle’s commitment to open source and the container ecosystem, including dedicating engineering resources to the Kubernetes project, open-sourcing several container utilities and making its flagship databases and developer tools to the Docker Store marketplace.


Contact Info
AlexShapiro
Oracle
4156085044
alex.shapiro@oracle.com

About Oracle

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

Trademarks

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

Safe Harbor

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


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Oracle Health Sciences Steve Rosenberg Honored Among PharmaVOICE 100’s Change Agents in Life Sciences

Press Release

Oracle Health Sciences Steve Rosenberg Honored Among PharmaVOICE 100’s Change Agents in Life Sciences

Recognized for Opening Doors to Clinical Efficiency

Redwood Shores Calif—Sep 13, 2017



Today Oracle Health Sciences announced that its general manager, Steve Rosenberg, has been selected by PharmaVOICE magazine as one of the most inspiring people in the life sciences industry. Steve will be recognized with this prestigious award during the PharmaVOICE 100 Celebration on Thursday, September 14 in New York City.
 
Steve was chosen as a PharmaVOICE 100 honoree for his leadership in driving the development of new and innovative technologies that are positively impacting efficiencies in clinical research, which help pharmaceutical companies bring new drugs to market faster. With nearly 40 years in technology, and 22 years in Health Sciences technology, including his pivotal role in accelerating the adoption of Electronic Data Capture (EDC) and defining the Integrated Clinical Environment (ICE), Steve recognized both the potential value and the significant challenges in bringing the data revolution and the cloud to life sciences. From the conservative regulatory environment to the sensitive nature of introducing new treatments to humans, Steve knew it was never going to be an easy road but to Rosenberg, these challenges have made his job worthwhile.
 
“I have a drive to succeed and grow our business while enabling our customers to innovate on their mission to develop new medicines. The patient is waiting, and it is our job and our joy at Oracle to push innovation in technology to help our customers reach these patients faster,” said Rosenberg.
 
In 2014, Mr. Rosenberg was asked by the head of Oracle Industries to take on a leadership role within the company’s health sciences business, which provides the infrastructure and technology that powers everything from clinical trials to population healthcare. Since joining Oracle, he has overseen the development of innovative technologies including the launch of the company’s most recent offering, Oracle Health Sciences Clinical One Platform, an eClinical platform that unifies clinical development operations and information and reimagines how technology supports clinical trials for maximum efficiency. The company’s flagship drug safety cloud offering, Oracle Health Sciences Argus continues to lead the market, enabling drug manufacturers to make faster and better safety decisions, optimize their global compliance and manage risk.
“Steve is a true change agent whose insights and commitment to technology innovations is helping to bring more life-saving therapies to market faster. His early understanding of the data revolution and the cloud in Life Sciences has enabled him to get in front of the data management challenges and create leading-edge technology to solve some of today’s most pressing issues in the eClinical space,” said Taren Grom, editor of PharmaVOICE. 
This year’s distinguished honorees were nominated by thousands of PharmaVOICE readers and were selected for inclusion based on substantive accounts describing how they have inspired or motivated their colleagues, peers, and even competitors; their positive impact on patients, their organizations, and the industry at large; their innovative and game-changing strategies and thinking; their mentorship and guidance to the next generation of leaders; as well as their willingness to give their time and resources to their communities and philanthropic causes.
“It is truly an honor to be recognized for my contributions to the life sciences industry, but more importantly, for our work in bringing innovative technology to our customers, who give hope to patients who wait in the balance for new therapies that have the potential to save their lives or deliver a better quality of life,” Rosenberg went on to say.
Additional Information
For additional information, visit Oracle Health Sciences Clinical One Platform, Oracle Health Sciences Argus Safety and Oracle Health Sciences Data Management Workbench. Engage with us on Twitter
About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia. For more information about Oracle, please visit us at oracle.com.
 
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
 
###
 
Contact Info
Valerie Beaudett                                                                                
Oracle                                                                                                            
+1.650.400.7833                                                                                
valerie.beaudett@oracle.com                                                           
 


About Oracle

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

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


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Oracle Expands IoT Cloud Portfolio, Enabling Customers to Accelerate Intelligence and ROI from Connected Assets

Press Release

Oracle Expands IoT Cloud Portfolio, Enabling Customers to Accelerate Intelligence and ROI from Connected Assets

Introduces Digital Twin, Digital Thread, and artificial intelligence and machine learning capabilities

Redwood Shores, Calif.—Aug 31, 2017



Oracle today announced significant enhancements to the Oracle Internet of Things (IoT) Cloud. The offering now features built-in artificial intelligence (AI) and machine learning that powers Digital Twin and Digital Thread capabilities. As such, customers and partners can quickly gain operation-wide visibility and leverage predictive insights from connected assets. These insights can increase deployment times, reduce costs, improve business outcomes, and accelerate new market opportunities. Combining the power of Oracle IoT Cloud and enterprise applications, Oracle also introduced new industry solutions for digital field service, smart connected factories, and digital fleet management.

“IoT holds the potential to transform today’s siloed operations into a modern, interconnected, digital set of workflows with real-time visibility and responsiveness,” said Bhagat Nainani, group vice president, IoT Applications at Oracle. “Oracle continues to push the boundaries of IoT to help our customers significantly simplify their IoT deployments. By receiving real-time data streams enhanced with predictive insights, they can reach new levels of intelligence and a much quicker realization of ROI.”

Today’s expansion follows the recent introduction of new Oracle IoT Cloud Applications for asset monitoring, connected workforce, fleet monitoring, and production monitoring. Also, in the past six months alone, Oracle has more than tripled its IoT application ecosystem of device and systems integration partners. Oracle IoT Cloud is offered both as software-as-a-service (SaaS) applications, as well as platform-as-a-service (PaaS) offerings, enabling a high degree of adaptability for even the most demanding implementations.

“Hitachi Consulting is constantly looking for industry leaders like Oracle to help clients and prospects harness the power of data and IoT to optimize operational and financial performance, outpace their competition and solve significant business problems,” said Garth Carter, vice president North America Sales, Hitachi Consulting. “Our longstanding, strategic relationship with Oracle delivers industrial IoT solutions to digitize the physical world for manufacturing, energy, and transportation. In particular, Hitachi is leveraging Oracle IoT Applications—asset monitoring and production monitoring—that are uniquely engineered to meet specific industry and functional needs. These applications have a depth of OT, IT and IoT functionality that no competitor can match.”

New capabilities introduced today include:

  • Digital Twin for Supply Chain Management
    Digital Twin is a digital representation of a physical asset or equipment that enhances traditional analytics approaches. The object model includes multi-faceted views into current, historical, and predictive data, as well as operational and behavioral dimensions of that asset. This enables remote users to not only monitor the health of that asset to prevent failures before they occur, but also to run simulations of “what-if” scenarios in the context of the business processes. With Digital Twin, organizations have a new operational paradigm to interact with the physical world, allowing lower operational and capital expenditures, minimizing downtime, and optimizing asset performance.
  • Digital Thread for Supply Chain Management
    Supply Chain practitioners have spent millions of dollars in implementing SCM and ERP systems, but most often, data is manually fed into these systems. Digital Thread is a connected business process framework that leverages IoT and creates a “system of systems” by connecting traditionally siloed elements in real-time throughout the digital supply chain. By providing an end-to-end view of an asset throughout the entire manufacturing lifecycle, Digital Thread seamlessly bridges the entire supply chain process—from product design and order fulfillment, to manufacturing and product life cycle management, to warehousing and transportation, to logistics and procurement.
  • Artificial Intelligence and Machine Learning
    Built-in AI and machine learning features are now fully integrated across Oracle’s IoT solutions portfolio. These technologies leverage machine data in the context of business data from applications, such as manufacturing, maintenance, service, and logistics. The built-in operational analytics help detect anomalies, predict equipment failures, and recommend the best course of action. They also provide the intelligence needed to evolve capabilities to increase effectiveness and experiences of applications.
  • Industry Solutions Built on IoT Cloud Applications
    Oracle IoT industry solutions help customers reimagine and innovate business solutions for the connected, intelligent, context-aware, digital enterprise. New solutions introduced today include:

    • Digital Field Service: Showcases intelligent remote monitoring, failure prediction, over-the-air repair, and dynamic technician dispatch. The solution features IoT Asset Monitoring Cloud, CX Service Cloud, CX Engagement Cloud, and CX Field Service Cloud, plus the use of augmented reality (AR) for guided equipment repair.
    • Smart Connected Factory: Demonstrates how incident detection, root cause analysis, and smart resolution are performed within minutes in a connected factory. The solution features IoT Production Monitoring Cloud, SCM Cloud and ERP Cloud, and the use of virtual reality (VR) to navigate the manufacturing floor. It can also be used for remote worker training.
    • Digital Fleet Management: Showcases real-time shipment tracking, risk management, and logistics synchronization. The solution features IoT Fleet Management Cloud and Oracle Logistics Cloud.

Additional Information

For additional information, visit Oracle Cloud and connect with Oracle SCM Cloud and Oracle IoT Cloud Service on Twitter.


Contact Info
Vanessa Johnson
Oracle
+1.650.607.1692
vanessa.n.johson@oracle.com

Kristin Reeves
Blanc & Otus
+1.415.856.5146
kreeves@blancandotus.com

About Oracle

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

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Vanessa Johnson

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Kristin Reeves

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