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Killexams : Oracle Administration mission - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-028 Search results Killexams : Oracle Administration mission - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-028 https://killexams.com/exam_list/Oracle Killexams : Vice Chair, AFCEA International No result found, try new keyword!model Oracle’s leadership attributes and demonstrate support of OWL’s global mission. She currently serves on the AFCEA International Executive Committee, Homeland Security Defense Business Council ... Mon, 01 Aug 2022 20:13:00 -0500 https://www.afcea.org/tamara-greenspan Killexams : How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills

The founders of Opower, Daniel Yates and Alex Laskey.

Brooks Kraft | Corbis News | Getty Images

In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later.

Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, "almost exclusively losing campaigns," he told CNBC in a phone conversation in June.

Towards the end of his early run in politics, in 2006, Laskey worked in public opinion research and political polling about voter sentiment on, mostly, environmental and energy issues, and that work catalyzed Laskey's awareness of and sense of urgent desire to respond to climate change.

The political opinion polling also taught Laskey that while "climate change" was a highly politicized issue in 2006 (and still is, according to Pew Research Center), that even back in 2006, almost all American voters agreed with the idea of "saving energy" and not being wasteful, Laskey told CNBC.

As these learnings were percolating for Laskey, he reconnected with his college friend Dan Yates, who had in 2004 sold his education software company Edusoft to Houghton Mifflin for $40 million. The two decided to work together on an effort related to the environment and responding to climate change. In January 2007, Laskey and Yates committed to spend a few months testing out some ideas and seeing how compatible they would be working together.

The startup that Laskey and Yates would go on to launch was Opower, which shared energy efficiency recommendations with customers through the utility companies that serve them. In 2014, the energy efficiency company went public. Two years later, it was acquired for $532 million by software giant Oracle. Today, Opower is still operating within Oracle as a part of its utilities-focused business, and is still being run by an early hire, Matt O'Keefe.

For Opower, which appeared on the inaugural CNBC Disruptor 50 list in 2013, being acquired helped the company accelerate its impact, building on the back of Oracle's software strength. Since 2016, Opower has tripled the amount of energy the company has been able to help customers save. Households that get energy from a utility company that uses Opower's energy efficiency recommendations have saved more than 32 terawatt hours of energy savings. Before Oracle bought Opower, the company had been able to save 11 terawatt hours of energy.

The 32 terawatt hours of energy can be an abstract number that's hard to contextualize, but here are some real world constructs: a terawatt is a trillion watts or a thousand times bigger than a gigawatt. A gigawatt can power 3.125 million solar panels or 110 million LED lights, so a terawatt is a thousand times that: 3.125 billion solar panels or 110 billion LED lights. That 32 terawatt hours of energy savings Opower has been responsible for translates to saving customers $3.3 billion on their bills.

That 32 terawatt hours of energy saved means 16 million metric tons of carbon dioxide emissions have been avoided. That too can be hard to grasp in any tangible way, but for context, a metric ton is 2,204.6 pounds and a metric ton of carbon dioxide would be held in a cube 27 feet on all sides, which is about the length of a telephone pole, according to Massachusetts Institute of Technology's database of global warming information.

How the idea for Opower came together

A few "aha moments" helped coalesce and guide the creation of Opower.

First, Laskey had a "pretty old, beaten up Honda Civic" and Yates had a much nicer Toyota 4Runner but when the two would go on double dates with their respective partners, they would "pile into" the Honda Civic, even though the 4Runner was more comfortable, especially for four people. That decision was, at least in part, driven by their desire to not waste gas. And while it was easy for them, and most everyone on the road, to know the gas mileage of the cars they were driving, or not driving, they had absolutely no sense of how energy efficient or inefficient their apartments in San Francisco were relative to their neighbors.

"In other words, we could be driving a Civic or Prius, but returning to Humvee homes," Laskey told CNBC. "And we had no idea. And not only did we have no idea but nobody else had any idea."

At the same time, a professional acquaintance they were speaking to about some of their ideas introduced them to the work of behavioral psychologist, Robert Cialdini, who presented the idea that the most powerful tools to influence behavior are when an individual is presented with a normative comparison, or the idea of comparing an individual's score, ranking or performance to the average of the group.

Laskey says another iterative step toward launching what would become Opower was when Google announced it was going to put solar panels all over its office buildings. That announcement from the tech giant was on the front pages of several newspapers. And at the same time, Laskey was studying about a program to replace refrigerators in low-income housing with energy-efficient refrigerators in New York City, a program that made a "real impact, a material impact" on energy savings and money saved for residents.

"We did the calculations and realized all of the energy that was going to be produced by the solar panels paled in comparison to the energy that had been saved and was being saved by these refrigerators," Laskey told CNBC. "And, nobody was writing about the refrigerators."

The "boring and unsexy" domain of energy efficiency was an "overlooked opportunity," Laskey said.

(L-R) Clean Energy Project Board Chair Rose McKinney-James, Opower Founder and CEO Alex Laskey, SolarCity Founder and CEO Lyndon Rive, View Inc. CEO Rao Mulpuri, Nest Labs Director of Energy Products Ben Bixby and Mosaic Founder and President Billy Parish attend the National Clean Energy Summit 7.0 at the Mandalay Bay Convention Center on September 4, 2014 in Las Vegas, Nevada.

David Becker | Getty Images Entertainment | Getty Images

Getting the utilities on board

Laskey and Yates got started by talking to utility companies and politicians. Energy utility companies have regulated targets they have to meet for saving their customers energy and so Laskey and Yates' pitch was to build a software product that would help energy utility companies help their customers save energy — and build the customer's relationship with the utility company at the same time.

Laskey and Yates talked to energy utility companies in California and Texas and were part of an effort to get a bare-bones piece of energy efficiency legislation signed into law in Texas by then-governor Rick Perry. "That was the kind of final kick in the pants that this was a business worth at least trying," Laskey said.

They signed their first customer in 2007, which was a public utility in the Sacramento, Calif.-area owned by citizens, the Sacramento Municipal Utility District.

Building out their customer base was slow. "The reality in selling to utilities is that these are risk-averse, slow-moving organizations," Laskey said.

One benefit of building a company with an expressed purpose to save energy is that Laskey and Yates were able to attract employees to work for them who were looking to make a difference in the world. And building a mission-driven company helped recruiting tremendously. Opower employees "left Google and Facebook and Amazon and Microsoft to join us, in many cases taking lower salaries to do that," Laskey said.

Opower's mission was lauded publicly by the White House, too. In its early days, Opower was praised by the Obama administration for its work saving energy and President Obama visited the Arlington, Virginia.-headquarters of Opower in 2010 to congratulate the team on the work they were doing. "The jobs of tomorrow will be jobs in the clean energy sector, and this company is a great emblem for that," Obama said during his visit, according to Energy Department records.

US President Barack Obama speaks on energy jobs as he visits OPOWER in Arlington, Virginia, on March 5, 2010.

Jewel Samad | Afp | Getty Images

Opower inside of Oracle

For the decade he was building Opower before selling it to Oracle, Laskey spent 160 nights a year on the road. "I didn't want to spend the rest of my life on airplanes all the time," Laskey said.

And Oracle was a logical fit for a buyer. It has an entire suite of products and software that is custom built for the utility industry and is sold exclusively to the utility industry. While Opower had customers in 12 countries at that point and was already a larger company than Laskey "ever imagined we would be," expanding and growing in other countries was a challenge. Selling to a software powerhouse like Oracle helped Opower grow faster.

Today, Laskey is running a stealth medical device company and he is also running a nonprofit advocacy organization called Rewiring America, which is working to electrify everything, with a specific focus on inside the home. The goal is that Rewiring America will be successful enough to shut itself down in the next ten to 15 years. "The hope is that within 10 years that everywhere in the country, the default, easiest, most convenient thing to do will be to install heat pumps instead of fossil-fuel burning machines," Laskey said.

Yates is the executive chairman at Dandelion, a startup that spun out of Alphabet's X and is working to accelerate the deployment of heat pumps. Yates is also co-owner of a spice e-commerce company and on the board of environmental activist organization the Natural Resources Defense Council.

Today, O'Keefe is running Opower internally at Oracle.

Opower teammates at their first in-person meeting as offices reopened in 2022. Matt O'Keefe is third from the left, back row.

Photo courtesy Opower

O'Keefe joined the company in January 2013 in a regulatory and market development role for West Coast states. Previously, O'Keefe was representing a wide swath of energy efficiency businesses to the state regulatory body in California. "When we were acquired, I found out via text message from my boss on my honeymoon. I was waking up in Japan, with my wife — very, very recently, wife at that time — and it was a really surprising moment for sure. But we had gone public only a couple of years before and so it wasn't shocking that that was what was happening," O'Keefe told CNBC.

O'Keefe has stayed on with the company, now formally called Oracle Utilities Opower, because he sees the potential for more impact in the form of energy conservation. "I've asked myself each year: Can we still expand our impact? And I've always seen that that possibility is there," O'Keefe said. He reports to the head of the global business unit for energy and water.

Within Oracle, OPower is still making personal recommendations to customers via their utility company based on their personal information, and offering steps customers can take to save energy and money.

"We supply specific tips and tricks," O'Keefe said, like recommending temperature settings for a thermostat, asking customers to run their dishwasher or laundry machines at a specific time, and think about their hot water usage. "Here's the good news: People want to help. People are willing to commit, and people are willing to make these small actions," O'Keefe said.

The Opower team in Virginia celebrating Pride Month in June, 2022.

Photo courtesy Oracle

Specifically, Opower recently asked people to change their energy consumption behavior during times of peak energy demand due to extreme weather for utilities including Baltimore Gas & Electric, Burbank Water & Power, ComEd, Con Edison, CPS Energy, Delmarva Power, PECO, Sacramento Municipal Utility District and San Diego Gas & Electric.

Last year, Opower ran a program with National Grid to deliver personalized videos to people explaining the breakdown of their energy use and why a heat pump is a good idea. Those personalized videos have 12 times the rate of success in getting eyeballs compared with Opower's more standardized versions of energy reports that run online.

And other campaigns Opower run have a more direct focus on saving low-income people money.

"Energy efficiency has always played this role of the workhorse, that fundamental foundation ... but it's always been the least sexy, as well," O'Keefe told CNBC. That's beginning to change, as people more and more realize the importance of focusing on using less energy in addition to making what energy they do use be clean. Also, demand for electricity is continuing to increase because citizens are replacing fossil fuel-powered machines with electric options.

"So energy efficiency has changed, and the industry has changed. And the way they view each other has changed," O'Keefe said.

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Thu, 14 Jul 2022 08:26:00 -0500 en text/html https://www.cnbc.com/2022/07/14/how-opower-sold-to-oracle-has-helped-save-3-billion-in-energy-bills.html
Killexams : Kyndryl Partners with Oracle to Accelerate Cloud Services Delivery

Kyndryl, an IT infrastructure services provider, is partnering with Oracle to help customers accelerate their journey to the cloud by delivering managed cloud solutions to enterprises around the world.

As part of the alliance, Kyndryl will become a key delivery partner for Oracle Cloud Infrastructure (OCI), expanding upon its deep experience of working with and supporting customers using Oracle products and services.

“We are pleased to expand our collaboration with Oracle and will work to help customers modernize applications and workloads to accelerate and succeed on their journey to the cloud,” said Stephen Leonard, global alliances and partnerships leader, Kyndryl. “The combination of Kyndryl managed services and Oracle Cloud Infrastructure provides a versatile and efficient foundation for companies to confidently move, build and run their mission-critical IT operations in the cloud.”

With OCI, customers benefit from best-in-class security capability, consistent high performance, simple predictable pricing, and the tools and expertise needed to bring enterprise workloads to cloud quickly and efficiently, according to the vendors.

In addition, Kyndryl will leverage its participation in Oracle PartnerNetwork (OPN) to extend the reach of its global cloud services delivery capabilities across the network.

Kyndryl plans to offer a wide range of new services that leverage Oracle technologies to help companies modernize and move their applications and databases to the cloud. The solutions will be supported by Kyndryl’s advisory and implementation services that are backed by thousands of experienced consultants globally who help customers to unlock the potential of their cloud-enabled IT transformation projects.

Kyndryl also intends to create customer solutions in the areas of data modernization and governance, AI-driven innovations for industries, cyber security and resiliency, and transformation of mission-critical workloads to the cloud.

Additionally, Kyndryl will support Oracle Cloud@Customer and Oracle Exadata offerings with IT infrastructure services to assist customers with consolidating databases, lowering administration costs, and improving uptime.

As a licensed reseller of Oracle software, Kyndryl provides its managed services expertise and delivers a cohesive turnkey solution to customers.

“Enterprises are feeling intense pressure to modernize their businesses rapidly while maintaining the continuity of mission-critical operations,” said Doug Smith, senior vice president, strategic partnerships, Oracle. “The combination of Kyndryl’s expertise and Oracle Cloud Infrastructure empowers these organizations to realize their desired business outcomes from the latest technological innovations. Through this partnership, we will expand our reach, helping more customers around the world move critical workloads to the cloud.”

To further Kyndryl’s OCI expertise and skills in support of the partnership, Kyndryl has established a global competency center and devoted resources to expand and increase Oracle Cloud certifications across Kyndryl’s managed services team.

Kyndryl is positioned and registered with the Oracle Partner Network in 53 countries, enabling global service delivery. As an Oracle partner, Kyndryl will focus on cross-industry services to help customers modernize their applications and databases for the cloud. Key areas of focus for the services include:

  • Resiliency and Disaster Recovery options, such as zero latency data loss recovery appliances and security services for Oracle Cloud Infrastructure.
  • Network and Edge computing capabilities that leverage Oracle data center reach using Oracle’s Roving Edge Infrastructure and Kyndryl Managed Services.
  • Data analytics services enabled by Kyndryl’s IT specific applied AI.
  • Advanced database consolidation and migration of on-prem ERP software to OCI.

For more information about the Kyndryl and Oracle partnership, visit https://www.kyndryl.com/us/en/about-us/alliances.


Wed, 06 Jul 2022 01:00:00 -0500 en text/html https://www.dbta.com/Editorial/News-Flashes/Kyndryl-Partners-with-Oracle-to-Accelerate-Cloud-Services-Delivery-153719.aspx
Killexams : Accelalpha and Frontera Consulting Merge Forces to Create Powerful Global Oracle Cloud Applications Consulting Company

Accelalpha, a portfolio company of Century Park Capital Partners, announced today that is has completed the acquisition of Frontera Consulting, a leader in implementation and management of Oracle Cloud applications. The combination expands the geographic reach of both firms' consulting services and managed services, while broadening their solution delivery capabilities and industry expertise.

Founded in 2008, Frontera was one of the first Oracle Partners to focus on Oracle Cloud applications, implementing the first ever Fusion Financials client in North America. Since then, Frontera has developed capabilities and certifications in ERP, EPM, PPM, HCM, and SCM, as well as Oracle Integration Cloud. Frontera has grown to develop deep expertise and a strong reputation within the Financial Services, Professional Services, Public Sector, Telecommunications, and Media & Entertainment industry verticals and has a strong presence in the U.S. and U.K.

The Frontera transaction marks the seventh acquisition by Century Park in the Technology Services sector and the fourth acquisition for Accelalpha. Tony Trevino, Principal at Century Park Capital Partners, commented, "We're delighted to join forces with the Frontera team as we continue to expand our geographic reach and capabilities around mission critical applications for our enterprise customer base. We look forward to seeing what Frontera and Accelalpha can accomplish together."

Kevin Beyer, Managing Partner at Frontera, will continue to lead the Frontera operating unit within the Accelalpha family. Beyer said, "The combined organization of Frontera and Accelalpha creates a leading global consulting service provider with the ability to deliver a broader set of Oracle Cloud solutions and a depth of targeted industry knowledge. The two companies are an outstanding fit, geographically, technically, and culturally."

Nat Ganesh, Accelalpha CEO, concluded, "I have admired Frontera's capabilities and reputation for a long time and we are excited to finally join forces with a great organization. The combination of Accelalpha and Frontera will bolster our market leadership as an organization that can implement, integrate, and manage all of the Oracle Cloud applications end-to-end to deliver comprehensive digital transformation solutions for our clients across the globe."

About Accelalpha:

Accelalpha is a leader in solving critical business challenges through a unique combination of industry insight, technology depth, and a world-class team with an unmatched level of experience and domain expertise. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain, and realize benefits of the cloud. Our rigorous, result-oriented approach to developing solutions allows us to deliver tangible results in a shorter time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work. For more information on Accelalpha, please visit www.accelalpha.com.

About Frontera:

Frontera Consulting is a leading provider of business and technology consulting services to global organizations. Collaborating closely with our clients, we create transformational solutions to meet business needs and drive performance. Our mission is to create long-lasting value for our clients through the innovative use of technology and process expertise, earning the role of trusted advisor. Frontera is headquartered in New York, with operations in London and Hong Kong, and a development center in India. For more information on Frontera, please visit www.fronteraconsulting.net.

About Century Park:

Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage our C-level executive partners ("Century Leaders") in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. We further support our investments with proven operational and best practice initiatives, led by our Operating Team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, please visit www.centuryparkcapital.com.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Killexams : insightsoftware Delivers Seamless Data Integration in the Cloud with Magnitude Angles for Oracle 22.1 Release

insightsoftware Delivers Seamless Data Integration in the Cloud with Magnitude Angles for Oracle 22.1 Release

Angles for Oracle simplifies the process of accessing data from Oracle ERPs for reporting and analytical insights; offering seamless integration with cloud data warehouse targets

insightsoftware, a global provider of reporting, analytics, and performance management solutions, today announced the availability of Magnitude Angles for Oracle 22.1 (formerly Noetix). The original Angles product family, including Angles for Oracle, came to insightsoftware via its acquisition of Magnitude Software in October 2021. The latest Angles for Oracle release continues to solve the biggest challenges associated with enterprise data integration by allowing users to access critical data and information through a single, cloud-accessible user interface.

Angles for Oracle is a leading operational reporting and analytics solution, originally developed to help unlock the potential of enterprise data with actionable insights. The solution delivers a context-aware, process-rich business data model, with a library of over 1,800 pre-built, no-code business reports, and a high-performance process analytics engine for Oracle Business Applications. Angles for Oracle 22.1 introduces a range of new features that offer greater productivity, agility, and utility.

“This version of Angles for Oracle offers a significant enhancement for our Angles customers because it makes business insights ubiquitous within an organization and allows customers to get the most value out of their ERP and BI investments,” said Lee An Schommer, Chief Product Officer at insightsoftware. “Organizations can download, install, and have a personalized version of Angles in Microsoft Power BI or other BI tools of choice in just minutes. This release cements insightsoftware’s leadership in the reporting space for Oracle and is a highly attractive upgrade opportunity for existing customers.”

Angles for Oracle 22.1 provides a one-stop solution for management, administration, and orchestration of Angles Views, the solution which transforms complex business databases into recognizable business views, along with new templates for reporting on Oracle Cloud Applications (OCA). The release will also enable true self-service reporting through a brand-new cloud-accessible central web portal known as Angles Hub, which combines operational on-premises reporting with cloud analytics in a single easy-to-use interface. It incorporates ‘Google-like’ search making it easier and faster for users to access and understand data; allows users to autonomously source and share data without complex understanding of ERP structures and reduce administrative burden associated with enterprise application updates.

“Angles for Oracle has been an integral part of our operational reporting processes for 20 years. We added the analytics capability more recently, and it has been a tremendous help in responding to the incredible surge in orders due to the COVID-19 pandemic," said David Damitz, BI Architect at TaylorMade Golf. "Over the years, we have had a collaborative relationship with the Angles team, and they have always responded to our needs. This new release is no exception. We have a strong desire to integrate Snowflake into our analytics processes, and we are excited to take advantage of the new Hub capabilities.”

Moving data between systems is a time-consuming process prone to human-error. Organizations can now seamlessly integrate existing architecture that provides business insights from Oracle ERP data with cloud data warehouse targets like Snowflake and Azure SQL. This allows organizations to perform analytics on a dataset through instant data replication and without querying the transactional ERP system directly, which would otherwise slow down the system and prevent the databases from recording transactions in real time.

For more information about Angles for Oracle 22.1 or to learn more about how it can support your team or organization, visit insightsoftware.com/angles.

About Magnitude Software, an insightsoftware company

Magnitude Software helps companies turn their core business data into continuous intelligence, providing actionable insights to shorten the path from data to decision. We enable our customers to connect data across enterprise applications and business processes including supply chain, finance and order management. Our relentless focus on innovation, customer experience and solving business problems is why more than 1,300 enterprises around the world trust Magnitude to put the power of their data into the hands of their business users. Magnitude was acquired by insightsoftware in November 2021. For more information visit magnitude.com.

About insightsoftware

insightsoftware is a leading provider of reporting, analytics, and performance management solutions. Over 30,000 organizations worldwide rely on us to support business needs in the areas of accounting, finance, operations, supply chain, tax, budgeting, planning, HR, and disclosure management. We enable the Office of the CFO to connect to and make sense of their data in real time so they can proactively drive greater financial intelligence across their organization. Our best-in-class solutions provide customers with increased productivity, visibility, accuracy, and compliance. Learn more at insightsoftware.com.

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insightsoftware@ccgrouppr.com

Ashley Yakopec
Public Relations and Communications Manager
ashley.yakopec@insightsoftware.com

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Killexams : Oracle tightens Azure ties with no-cost database interconnect service

Oracle Corp. is broadening its partnership with Microsoft Corp. in an announcement today of new services aimed at blurring the line between Oracle Cloud Infrastructure and Microsoft’s Azure cloud.

The Oracle Database Service for Microsoft Azure allows Microsoft customers to provision, access and monitor Oracle database services on OCI from within the Azure console. They can then migrate or build new applications on Azure that connect to Oracle services such as the company’s Autonomous Database.

The new service extends the Oracle Interconnect for Microsoft Azure service the companies announced in 2019 and that has been adopted by about 300 organizations across 11 global regions, according to Leo Leung, vice president of product management at OCI. That enables interoperability between the two company’s clouds. The new announcement leverages Microsoft administration tools and eliminates fees for moving data back and forth between cloud platforms.

No egress fees

There’s no charge for the service; customers pay for the Azure or Oracle services they consume. The service automatically configures everything required to link the two cloud environments and federates Azure Active Directory identities. It also uses the Azure console, terminology and monitoring along with Azure Application Insights, which provides extensible application performance management and monitoring for live web applications (pictured).

“It uses the existing Azure nomenclature, resource groups, and regions,” said Kris Rice, vice president of software development for Oracle Database Services. “When we do network peering, we supply you a list of virtual networks you can peer to on OCI.”

“This makes moving data from one cloud to another as high-performance as possible,” Leung said. “It presents a very Azure-like interface so Azure customers can connect their Azure login with their OCI login and from there provision Oracle databases that appear just like Azure resources. They get full visibility into metrics, logs and the like.”

Supercloud forming

The offering is the latest example of a “supercloud,” which is a term coined by SiliconANGLE for a new breed of applications built on a combination of multiple public and private cloud platforms that provide value beyond the platforms themselves.

“There are a lot of applications that require both technology stacks,” Leung said. “Typically, it might be Windows Server and .NET stack connected to an Oracle database. This gets the best of both worlds: all the capabilities of our database and the best managed service around Windows.”

Leung said Oracle sees three principal use cases for the new offering. One is customers that have relationships with both cloud vendors and want easier access to data on both platforms. The second is customers that want to move from running Oracle inside an Azure virtual machine to a fully managed environment on OCI. “This instantiates a database on OCI,” he said. “They still have to migrate from one database to the other but then they get the database as a managed service.”

A third is customers that use on-premises infrastructure and want to move to the cloud, a process that can usually be done through a simple backup and restore process, according to Rice.

Oracle executives declined to estimate how many potential users there are for the service but “if you look at the joint Microsoft-Oracle installed base, it’s in the tens of thousands,” Leung said.

Oracle Interconnect for Microsoft Azure is available immediately.

Image: Oracle

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Wed, 20 Jul 2022 07:48:00 -0500 en-US text/html https://siliconangle.com/2022/07/20/oracle-tightens-azure-ties-no-cost-database-interconnect-service/
Killexams : Larry Ellison Steps Up as Top GOP Midterm Fundraiser, Donating $15 Million This Year – But Why?

Larry Ellison, the 10th-richest man in the world and one of Donald Trump’s favorite tech tycoons, has emerged as one of the top Republican donors in this election season, donating $15 million this year alone to a conservative PAC fueling Republican efforts to recapture the House and the Senate.

Since 2020, the Oracle Corp. co-founder has made a series of donations totaling $25 million to South Carolina Republican Sen. Tim Scott’s Opportunity Matters Fund – a conservative group that also received donations from Koch Industries Inc. and New Balance owner and chairman James S. Davis. Its stated mission is to support candidates who will enact “positive legislation initiatives and help prove that the American Dream is alive and well.”

The financial support is all the more notable given that Ellison’s two children, Megan and David, are prominent Hollywood producers, a notoriously liberal environment. Megan Ellison is the founder of Annapurna Pictures, which made the Oscar-nominated war critique “Zero Dark Thirty” among other films, while David Ellison is the founder and CEO of Skydance Media, which made this year’s billion-dollar box office hit, “Top Gun: Maverick.”

Ellison made his first $5 million donation to the Scott group in 2020 and then another $5 million in 2021 and $15 million this year, backing the GOP’s hopes to win back the House and Senate this November ­– and then the presidency in 2024. Scott has denied that he plans to run for president, but his new memoir coming out this month notes in its front pages: “This book is a political memoir that includes his core messages as he prepares to make a presidential bid in 2022.”

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With Ellison donating $25 million to Opportunity Matters, the tech magnate has accounted for nearly 88 percent of the group’s funding, solidifying the 77-year-old billionaire’s position as a major GOP player. With a West Coast penchant for spotting the next big thing, Ellison has provided seed money that could help fuel Scott’s run for the presidency, if he decides to get into the race.

Doug Heye, a top GOP communications consultant, said he’s not surprised by Ellison’s support of Scott and his PAC.

“I’m a massive, completely biased Tim Scott fan,” said Heye, former communications director of the Republican National Committee. “He’s one of my favorite people in the party. He’s the prototype of what Republicans should look for in a candidate. I haven’t spent $25 million on him, but clearly there’s enthusiasm there for Larry.”

Heye, a veteran of the George W. Bush administration, said Scott is “looking at the political environment as much as everyone else” contemplating presidential runs in 2024.

If Scott is not the GOP nominee for president, Heye said he anticipates the North Carolina senator will be on a “very short list” for the vice presidency, making him the first black running mate on a GOP ticket.

Neither Ellison nor his representatives responded to requests for comment. Some prominent GOP consultants, determined to move the party beyond the Trump era, wonder if Ellison’s donations are a sign that he’s gone “full MAGA.”

Joe Trippi, a senior advisor to the Lincoln Project, the Republican-led group formed in 2019 to oppose Trump’s reelection, said he believes Ellison has joined “a rogues’ gallery of billionaires” lining up to fund the Make America Great Again “extremist ideology.”

But Mike Murphy, a top Republican media consultant, said while Ellison’s motives are a bit of a mystery he seriously doubts that the billionaire is firmly in the Trump camp.

“I think Larry is too smart and savvy to fall for the Trump snake oil, but there are some in Silicon Valley who are tired of Democratic class warfare,” said Murphy, co-director of the University of Southern California’s Center for the Political Future.

Also Read:
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“There’s probably some personal connection there that got him interested in Scott,” Murphy said. “There also could be something the Democrats did that upset Larry.”

Federal Election Commission records show that Ellison has donated a total of $36 million to candidates and committees since 1991 – with most of his giving occurring the past three years.

Murphy said Ellison may simply see a good investment in a rising star like Scott.

“Scott is not the most pro-Trump guy in the party, but he definitely has not been any courageous anti-Trump leader either,” Murphy said.

The political donation pendulum swings both ways, Murphy said, noting that many of the donors he works with shifted from Republican to Democrat after Trump.

Ellison didn’t always lean right with his political contributions. He gave a series of donations totaling $120,000 to the Democratic National Committee in the 1990s, according to FEC records.

He supported Sen. Dianne Feinstein’s reelection bid in 2006 and again in 2012. He donated to Barbara Boxer’s Senate run in 2009. He supported Democratic CA Rep. Zoe Lofgren’s campaign in 1996, 2010, 2011. He also supported Sen. John Kerry’s reelection bid in 2011.

In 2012, he gave $73,300 to former Sen. Mitt Romney’s presidential run and made a $30,800 donation to the Republican National Committee. The following year, he supported Democratic Sen. Harry Reid’s Searchlight fund in 2013 with a $5000 donation.

Also Read:
Jan. 6 Committee: Trump’s Incendiary ‘Be There, Will Be Wild!’ Tweet Followed ‘Heated and Profane’ Fight at White House

For years it was de rigueur among some of the richest Americans to supply to both parties. Rupert Murdoch gave $20,000 to the Republican National Committee in 1992, then kicked in $20,000 to the Democratic National Committee in 1996, and another $25,000 to the DNC in 1998.

Murdoch’s bi-partisan giving continued through 2008, when he supported the presidential bids of both Sen. John McCain and Sen. Hillary Clinton. After that, federal records show Murdoch donations to Democrats had largely stopped.

By 2014, Ellison had also stepped away from giving to both both parties, instead investing millions in the GOP.

“Politics has become so much more personal now, for a lot of folks, especially major donors,” Heye said.

In exact weeks, Ellison has come under scrutiny for participating in a November 2020 call with Fox News Host Sean Hannity, Republican Sen. Lindsey Graham, and others to discuss ways for contesting the legitimacy of Joe Biden’s victory over Trump, according to a report in The Washington Post.

With Ellison’s $25 million donation, FEC records show Opportunity Matters gearing up for a battle while also sharing its donations with other Republican PACs. The PAC’s largest money transfer occurred in 2021, with a $1 million contribution to the National Victory Action Fund, a GOP group known as a “hybrid PAC” that can support candidates and make independent expenditures.

According to the group’s website, it is led by Cory Gardner, a former Republican U.S. senator from Colorado.

Meanwhile, FEC records show Opportunity Matters spending $3.9 million on political consultants, advertising firms and fundraisers, while still leaving plenty of money for the midterms.

Also Read:
Elon Musk Says ‘It’s Time for Trump to Hang Up His Hat & Sail Into the Sunset’

Besides being the most notable supporter of Elon Musk’s attempted Twitter takeover, Ellison’s company Oracle was backed by Donald Trump in 2020 to acquire the China-based video sharing app TikTok, following privacy complaints that the Chinese government had access to US user data.

During a press briefing at the time, Trump said: “I think Oracle is a great company, and I think its owner is a tremendous guy.”

Although Oracle’s TikTok acquisition was shelved indefinitely, TikTok said last month “100% of US user traffic” was being routed to the Oracle Cloud Infrastructure.

Pundits assumed Ellison was firmly in the Trump camp when he opened his Rancho Mirage estate for a large fundraiser for the president’s reelection campaign in February 2020. Supporters paid between $100,000 and $250,000 to play golf and have their photo taken with the then-president. More than 2000 of Ellison’s Oracle employees signed a petition protesting his decision to host the fundraiser.

Of all the well-monied GOPers at the fundraiser in the desert that night, there was one notable exception – Ellison himself had skipped the affair without a public explanation.

“Be absolutely precise,” Ellison told Forbes magazine during an interview at his Rancho Mirage home in April 2020, two months after the fundraiser. “I said President Trump could use the property. I was not here.”

He added: “We only have one president at a time. I don’t think he’s the devil—I support him and want him to do well.”

Mon, 01 Aug 2022 13:37:00 -0500 en-US text/html https://www.yahoo.com/entertainment/larry-ellison-steps-top-gop-130000703.html
Killexams : Warren Buffett has another reason to hate Robinhood
A exact paper by three academics may have made it more personal, though.
At more than $440,000 per share, there typically isn't a lot of trading activity around Buffett's prized Berkshire Hathaway A (BRKA) stock: Between 2010 and 2020, an average of 375 shares were exchanged daily. Then, in February 2021, trading volume shot up to nearly 2,000 shares per day, where it's remained ever since.
The increased activity captured the attention of market watchers but remained a mystery. Some speculated that there was a superbuyer scooping up the stock.

But research published last month by professors at University of California, Berkeley, Columbia Law School and Cornell University found that the turbo boost in trading hasn't been the result of any superbuyer. Instead, volumes of the most expensive stock in the US have been artificially inflated by the way brokers like Robinhood report fractional trading.

The increases come from what researchers call "phantom, non-existent trading." When a brokerage makes a private, off-exchange stock trade, like the fractional trades executed by Robinhood, they are required to report the trades to the Financial Industry Regulatory Authority as though they were for a full share. Under this "rounding up rule" an investment as small as 1/100th of a share in Berkshire Hathaway would count as a purchase of a full $440,000 share.

Researchers say that this "well-intentioned but misguided" FINRA rule has added an additional volume equivalent of more than a billion dollars a day to Berkshire Hathaway A shares. The reported phantom volume represents 80% of their daily trading volume.

DriveWealth, which processes stock trades for investing apps like Cash App, also reported fractional share trades in Berkshire to the FINRA database and drove up trade volume, the study found.

"The FINRA reporting rule for fractional trading has created significant distortions," wrote the authors of the paper.

A FINRA representative told CNN Business that the agency "is already actively working on the issue, and is engaged in ongoing discussions with firms and regulators."

Fractional trading brokerages like Robinhood, meanwhile, are "a fly in the ointment," to Buffett, Robert Bartlett, a professor at the University of California, Berkeley School of Law and co-author of the study.

"Buffett wants to keep the price of his Class A shares high to attract long-term value investors," he said. "Those aren't the people buying these fractional shares, and so they are undermining his main vision for the stock."

'Adversaries' of change vs. 'casino' groups

Buffett doesn't mince words when speaking out against Robinhood. The brokerage is "a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year or year and a half," he said at his Berkshire Hathaway shareholder meeting in 2021, referring to the exact meme-stock craze.

Charlie Munger, Buffett's right-hand man, joined in at this year's shareholder meeting, calling the brokerage's business model "disgusting."

Robinhood counters that it is "democratizing" Wall Street by creating an easily accessible trading platform that allows investors to engage in fractional trading, buying small percentages of stock shares.

"There is an old guard that doesn't want average Americans to have a seat at the Wall Street table so they will resort to insults," the company said in a statement last year.

"Adversaries of this future and of change are usually those who've enjoyed plentiful privileges in the past and who don't want these privileges disrupted," Robinhood added, saying that the "new generation of investors aren't a 'casino group.'"

Either way, Robinhood may have other troubles ahead.

Robinhood announced on Tuesday that it will lay off about 23% of its staff following a sharp decline in trading activity on the platform. This is the second round of layoffs this year and part of a broader reorganization effort led by CEO Vlad Tenev.
Wed, 03 Aug 2022 04:49:00 -0500 text/html https://www.cnn.com/2022/08/03/investing/robinhood-berkshire-hathaway-trading/index.html
Killexams : Oracle and Microsoft Announce Availability of Oracle Database Service for Microsoft Azure

Oracle partners with Microsoft to supply Azure customers direct, streamlined access to Oracle databases on Oracle Cloud Infrastructure

AUSTIN, Texas and REDMOND, Wash., July 20, 2022 /PRNewswire/ -- Oracle Corp and Microsoft Corp today announced the general availability of Oracle Database Service for Microsoft Azure. With this new offering, Microsoft Azure customers can easily provision, access, and monitor enterprise-grade Oracle Database services in Oracle Cloud Infrastructure (OCI) with a familiar experience. Users can migrate or build new applications on Azure and then connect to high-performance and high-availability managed Oracle Database services such as Autonomous Database running on OCI.

Oracle Database Service for Microsoft Azure

Offering Customers Choice with Azure and OCI Multicloud Capabilities

Over the last two decades, thousands of customers have relied on Microsoft and Oracle software working well together to run their business-critical applications. As customers migrate applications and data to the cloud, they continue to look for joint solutions from their trusted software partners. Since 2019, when Oracle and Microsoft partnered to deliver the Oracle Interconnect for Microsoft Azure, hundreds of organizations have used the secure and private interconnections in 11 global regions.

Microsoft and Oracle are extending this collaboration to further simplify the multicloud experience with Oracle Database Service for Microsoft Azure. Many joint customers, including some of the world's largest corporations such as AT&T, Marriott International, Veritas and SGS, want to choose the best services across cloud providers to optimize performance, scalability, and the ability to accelerate their business modernization efforts. The Oracle Database Service for Microsoft Azure builds upon the core capabilities of the Oracle Interconnect for Azure and enables customers to more easily integrate workloads on Microsoft Azure with Oracle Database services on OCI. There are no charges for using the Oracle Database Service for Microsoft Azure, the Oracle Interconnect for Microsoft Azure or data egress or ingress when moving data between OCI and Azure. Customers will pay only for the other Azure or Oracle services they consume, such as Azure Synapse or Oracle Autonomous Database.

"Microsoft and Oracle have a long history of working together to support the needs of our joint customers, and this partnership is an example of how we offer customer choice and flexibility as they digitally transform with cloud technology. Oracle's decision to select Microsoft as its preferred partner deepens the relationship between our two companies and provides customers with the assurance of working with two industry leaders," said Corey Sanders, corporate vice president, Microsoft Cloud for Industry and Global Expansion.

"There's a well-known myth that you can't run real applications across two clouds. We can now dispel that myth as we supply Oracle and Microsoft customers the ability to easily test and demonstrate the value of combining Oracle databases with Azure applications. There is no need for deep skills on either of our platforms or complex configurations—anyone can use the Azure Portal to harness the power of our two clouds together," said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure.

"Multicloud takes on a whole new meaning with the launch of the Oracle Database Service for Microsoft Azure. This service, designed to provide intuitive, simple access to the Exadata Database Service and Autonomous Database to Azure users in a transparent manner, responds to the critical need of Azure and Oracle customers to apply the benefits of the latest in Oracle Database technology to their Azure workloads. This combined and interactive connection of services across public clouds sets the stage for what a multicloud experience should be, and is a bold statement about where the future of cloud is heading. It should deliver huge benefits for customers, developers, and the cloud services landscape overall," said Carl Olofson, research vice president, Data Management Software, IDC.

Familiar Experience for Azure Users Combined with an Oracle Managed Service

With the new Oracle Database Service for Microsoft Azure, in just a few clicks users can connect their Azure subscriptions to their OCI tenancy. The service automatically configures everything required to link the two cloud environments and federates Azure Active Directory identities, making it easy for Azure customers to use the service. It also provides a familiar dashboard for Oracle Database Services on OCI using Azure terminology and monitoring with Azure Application Insights.

"Many of our mission-critical workloads are running Oracle databases on-premises at massive scale. As we move these workloads to the cloud, Oracle Database Service for Azure enables us to modernize these Oracle databases to services such as Autonomous Database in OCI while leveraging Microsoft Azure for the application tier," said Jeremy Legg, chief technology officer, AT&T. Watch the video.

"Multicloud architectures enable us to choose the best cloud provider for each workload based on capabilities, performance, and price. The OCI and Azure partnership integrates the capabilities of two major cloud providers, including the Oracle Database services in OCI and Azure's application development capabilities," said Naveen Manga, chief technology officer, Marriott International. Watch the video.

"Oracle Database Service for Microsoft Azure has simplified the use of a multicloud environment for data analytics. We were able to easily ingest large volumes of data hosted by Oracle Exadata Database Service on OCI to Azure Data Factory where we are using Azure Synapse for analysis," said Jane Zhu, senior vice president and chief information officer, Corporate Operations, Veritas.

"Oracle Database Service for Microsoft Azure simplifies our multicloud approach. We're going to be able to leverage the best of Oracle databases in Azure, and we are going to be able to keep our infrastructure in Azure. This is a great opportunity to have the best of the two worlds that eases our migration to the cloud and improves the skills of our people in IT," said David Plaza, chief information officer, SGS. Watch the video.

Additional Resources

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Trademarks

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Contact Info

Carolin Bachmann
Oracle PR
+1.415.622.8466
carolin.bachmann@oracle.com

Microsoft Media Relations
WE Communications for Microsoft
+1 425 638 7777
rapidresponse@we-worldwide.com

Cision

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SOURCE Oracle

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Killexams : Accelalpha and Frontera Consulting Merge Forces to Create Powerful Global Oracle Cloud Applications Consulting Company

BELLEVUE, Wash.--(BUSINESS WIRE)--Aug 4, 2022--

Accelalpha, a portfolio company of Century Park Capital Partners, announced today that is has completed the acquisition of Frontera Consulting, a leader in implementation and management of Oracle Cloud applications. The combination expands the geographic reach of both firms’ consulting services and managed services, while broadening their solution delivery capabilities and industry expertise.

Founded in 2008, Frontera was one of the first Oracle Partners to focus on Oracle Cloud applications, implementing the first ever Fusion Financials client in North America. Since then, Frontera has developed capabilities and certifications in ERP, EPM, PPM, HCM, and SCM, as well as Oracle Integration Cloud. Frontera has grown to develop deep expertise and a strong reputation within the Financial Services, Professional Services, Public Sector, Telecommunications, and Media & Entertainment industry verticals and has a strong presence in the U.S. and U.K.

The Frontera transaction marks the seventh acquisition by Century Park in the Technology Services sector and the fourth acquisition for Accelalpha. Tony Trevino, Principal at Century Park Capital Partners, commented, “We’re delighted to join forces with the Frontera team as we continue to expand our geographic reach and capabilities around mission critical applications for our enterprise customer base. We look forward to seeing what Frontera and Accelalpha can accomplish together.”

Kevin Beyer, Managing Partner at Frontera, will continue to lead the Frontera operating unit within the Accelalpha family. Beyer said, “The combined organization of Frontera and Accelalpha creates a leading global consulting service provider with the ability to deliver a broader set of Oracle Cloud solutions and a depth of targeted industry knowledge. The two companies are an outstanding fit, geographically, technically, and culturally.”

Nat Ganesh, Accelalpha CEO, concluded, “I have admired Frontera’s capabilities and reputation for a long time and we are excited to finally join forces with a great organization. The combination of Accelalpha and Frontera will bolster our market leadership as an organization that can implement, integrate, and manage all of the Oracle Cloud applications end-to-end to deliver comprehensive digital transformation solutions for our clients across the globe.”

About Accelalpha:

Accelalpha is a leader in solving critical business challenges through a unique combination of industry insight, technology depth, and a world-class team with an unmatched level of experience and domain expertise. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain, and realize benefits of the cloud. Our rigorous, result-oriented approach to developing solutions allows us to deliver tangible results in a shorter time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work. For more information on Accelalpha, please visit www.accelalpha.com.

About Frontera:

Frontera Consulting is a leading provider of business and technology consulting services to global organizations. Collaborating closely with our clients, we create transformational solutions to meet business needs and drive performance. Our mission is to create long-lasting value for our clients through the innovative use of technology and process expertise, earning the role of trusted advisor. Frontera is headquartered in New York, with operations in London and Hong Kong, and a development center in India. For more information on Frontera, please visit www.fronteraconsulting.net.

About Century Park:

Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage our C-level executive partners (“Century Leaders”) in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. We further support our investments with proven operational and best practice initiatives, led by our Operating Team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, please visit www.centuryparkcapital.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220804005950/en/

CONTACT: Century Park Capital Partners

Matt Minnaugh

Director of Business Development

(310) 867-2216

mminnaugh@cpclp.com

or

Martin Sarafa

Managing Partner

(310) 867-2210

msarafa@cpclp.com

or

Tony Trevino

Principal

(949) 233-9849

ttrevino@cpclp.com

KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE INTERNET FINANCE CONSULTING BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY

SOURCE: Century Park Capital Partners

Copyright Business Wire 2022.

PUB: 08/04/2022 02:41 PM/DISC: 08/04/2022 02:41 PM

http://www.businesswire.com/news/home/20220804005950/en

Copyright Business Wire 2022.

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