Some Oracle workers were told Monday that their positions had been eliminated, according to four people with direct knowledge of the matter.
Oracle Corp has cut jobs in marketing and the US customer experience division, signalling a pullback in customer analytics and advertising services.
According to four people with direct knowledge of the matter, some workers were told Monday that their positions had been eliminated. Junior sales employees and a division sales director were among those let go, according to one former worker who lost their job and asked not to be named to avoid professional repercussions.
Rumours of pending cuts had swirled through the division in latest weeks, but management said the positions were safe, one former employee said.
The customer experience division provides analytics and advertising services. It has long lagged behind the growth of the rest of the Austin, Texas-based software company.
During an event last year, Executive Vice President Douglas Kehring said the unit had “historically been probably a little more disappointing than it should have been.”
The company “decided to reorganise” the customer experience group “and move on,” a former senior manager of sales engineering, whose position was cut, wrote on LinkedIn. In a separate post, another fired manager cited the restructuring for the job reductions.
According to LinkedIn posts by a former senior manager and group vice president, some marketing positions were also cut.
The job reductions come as Oracle looks to health care to spur the company’s effort in the competitive market for cloud technology. Earlier this year, Oracle completed a $28.3 billion purchase of digital medical records provider Cerner Corp., seeking customers in an industry that has been comparatively slow to adopt cloud database technology.
Oracle didn’t respond to requests for comment. The extent of the Monday job cuts couldn’t immediately be determined.
The shares declined less than 1 percent to close at $77.44 Monday in New York, and are down 11 percent this year.
First Published: IST
NEW DELHI: Technology major Oracle Corp. is witnessing strong growth in its cloud business in India driven by digital innovation in the banking, financial services and insurance (BFSI) sector, public sector initiatives, and small and medium business (SMBs).
The MarketWatch News Department was not involved in the creation of this content.
Jul 28, 2022 (Heraldkeepers) -- The global adopt Learning Management System market size is expected to grow from US$ 9.2 Billion in 2018 to US$ 23.7 Billion by 2024, at a CAGR of 21.52% during the forecast period.
Educational institutions and corporate organizations extensively adopt learning management software (LMS) that provides learners with a wide variety of learning content. A learning management system is a software Industry Vertical which provides infrastructure, tools and context to provide administration, documentation, tracking, reporting and delivery of educational courses, training programs, or learning and development programs. The global LMS market is expected to witness significant growth, due to increasing e-learning industry, growing cloud computing market, and increasing demand for cost-effective training solution by industries among others. Learning management systems can also be accessed through smartphones, as the companies provide mobile learning functionality to their learning management systems.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The global Learning Management Systems market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Learning Management Systems market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Cornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo, Schoology, and others are among the major players in the global Learning Management Systems market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Learning Management Systems market share. Major industry players with significant revenue share include Cornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo, Schoology, and others.
The global Learning Management Systems market is segregated on the basis of Deployment Model as Cloud and On-premise. Based on Industry Vertical the global Learning Management Systems market is segmented in Government & education, Retail, Healthcare, IT & telecom, Manufacturing, and Hospitality. Based on User Type the global Learning Management Systems market is segmented in Academics and Enterprises.
The report covers:
Global Learning Management Systems market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Learning Management Systems market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Learning Management Systems market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Reasons to Buy this Report:
Gain detailed insights on the Learning Management Systems industry trends
Find complete analysis on the market status
Identify the Learning Management Systems market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making
The Learning Management Systems Market has been segmented as below:
The Learning Management Systems Marketis segmented on the lines ofLearning Management Systems Market, By Deployment Model, Learning Management Systems Market, By Industry Vertical, Learning Management Systems Market, By User Type, Learning Management Systems Market, By Region and Learning Management Systems Market, By Company.
Learning Management Systems Market, By Deployment Modelthis market is segmented on the basis ofCloud and On-premise. Learning Management Systems Market, By Industry Verticalthis market is segmented on the basis ofGovernment & education, Retail, Healthcare, IT & telecom, Manufacturing and Hospitality. Learning Management Systems Market, By User Typethis market is segmented on the basis ofAcademics and Enterprises. Learning Management Systems Market, By Regionthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World. Learning Management Systems Market, By Companythis market is segmented on the basis ofCornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo and Schoology.
The global Learning Management Systems market report scope includes detailed study covering underlying factors influencing the industry trends.
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Table of Contents:
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
220.127.116.11. Secondary Research
18.104.22.168. Primary Research
22.214.171.124. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.2.1. Growing inclination toward beyond policy and enterprise mobility
4.2.2. Increasing significance of eLearning in corporate and academic setups
4.3.1. Low motivation and engagement to adopt lms solutions
5. Learning Management Systems Market, By Deployment Model
5.1. Key Points
6. Learning Management Systems Market, By Vertical
6.1. Key Points
6.2. Government & education
6.5. IT & telecom
7. Learning Management Systems Market, By End User
7.1. Key Points
8. Competitive Landscape
8.2. latest Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9. Company Profile
(OVERVIEW, KEY FINANCIALS, PRODUCT AND PRODUCT OFFERINGS, RELATED DEVELOPMENTS)
9.1. Texas Instruments
9.2. Te Connectivity
9.3. Broadcom (Avago)
9.4. NXP Semiconductors
9.6. Bosch Sensortec
9.7. TDK (Invensense)
9.8. Infineon Technologies
9.9. Analog Devices
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Datatec CEO Jens Montanana.
Datatec-owned Logicalis UK&I has acquired Q Associates, a UK-based IT consultancy, as the JSE-listed company makes a swift play into higher education and government secured services.
Q Associates is one of the UK’s top providers of IT consultancy and advisory services around data management, data protection, compliance and information security.
The consultancy provides technology solutions to UK universities and research councils, government security services and home office departments, as well as commercial clients across major industry sectors, including finance, legal, transportation and energy.
Q Associates also holds advanced technical accreditations with many of the world's leading technology vendors, including Microsoft, NetApp, Oracle, IBM and Rubrik.
"The acquisition of Q Associates will extend the reach and skills of Logicalis UK&I, underlining our commitment to grow and provide increased value to customers across all sectors, especially higher education and government secured services,” says Jens Montanana, Datatec CEO.
The Q Associates acquisition is the latest addition to the Datatec stable, which has been broadening its reach across industries globally.
Earlier this year, Datatec expanded into 5G and satellite technologies through the acquisition of satellite and space market research firm Northern Sky Research (NSR).
The JSE-listed group announced the deal through its subsidiary’s Analysys Mason, in a bid to expand services to new and existing clients worldwide.
NSR specialises in analysis of growth opportunities across four core satellite industry sectors: satellite communications, satellite and space applications, financial analysis, and satellite and space infrastructure.
Datatec group also took control of Siticom, a 5G integrator based in Germany. Siticom has expertise in telecommunication and software-defined networking architecture, internet of things implementations and next-generation public and private networks.
Information and communications technology multinational Datatec subsidiary Logicalis UK&I has acquired UK information technology (IT), data management, data protection, compliance and information security consultancy Q Associates.
"The acquisition adds complementary capabilities to Logicalis UK&I's core expertise in digital infrastructure, networking and cloud, enabling a broader portfolio of best-in-class solutions and services for customers operating in the digital-enabled world," Datatec said on August 8.
Q Associates provides technology solutions to UK universities and research councils, government security services and home office departments and commercial clients across major industry sectors, including finance, legal, transportation and energy.
Q Associates holds advanced technical accreditations with many of the leading technology vendors, including Microsoft, NetApp, Oracle, IBM and Rubrik.
"The acquisition of Q Associates will extend the reach and skills of Logicalis UK&I, underlining our commitment to grow and provide increased value to customers across all sectors, especially higher education and government secured services,” said Datatec CEO Jens Montanana.
New Jersey, N.J., July 18, 2022 The Higher Education Financial and HRM Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Higher Education Financial and HRM market research report tracks all the latest developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
Financial and human resource management software solutions act as a data source that collects and provides raw data for analysis. With a focus on learning outcomes, several colleges and universities use analytical tools to gain in-depth insights into faculty and staff performance. Therefore, the growing demand for learning analytics will also increase software requirements in educational institutions. For example, Workday offers Workday Big Data Analytics, which contains prebuilt analytical models to help higher education HR and finance departments solve key business problems related to workforce planning, retention, performance, payroll cost analysis, compensation and other relevant HR functions.
Get the PDF demo Copy (Including FULL TOC, Graphs, and Tables) of this report @:
This Higher Education Financial and HRM research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the Top companies Influencing this Market include:Ellucian, Oracle, SAP, Workday, IBM, Unit4
Firstly, this Higher Education Financial and HRM research report introduces the market by providing an overview which includes definition, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Higher Education Financial and HRM report.
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
Segmentation Analysis of the market
The market is segmented on the basis of the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market
Market Segmentation: By Type
Financial Management Software
Market Segmentation: By Application
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An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Higher Education Financial and HRM market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.
This report aims to provide:
Table of Contents
Global Higher Education Financial and HRM Market Research Report 2022 – 2029
Chapter 1 Higher Education Financial and HRM Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Higher Education Financial and HRM Market Forecast
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Take a deep breath. It's Friday. I'm Jordan Parker Erb, and today I'm taking you inside the "complete chaos" at Oracle as layoffs and restructuring roil the database giant.
By the way, apologies for the slight delay this morning — we had a technical issue. (Fitting for a tech newsletter!)
Let's get to it.
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1. Oracle insiders describe "complete chaos" from layoffs and restructuring. Earlier this week, Oracle began a sizable layoff, potentially impacting thousands of employees — and those who haven't yet been laid off are scrambling to figure out whether they'll be next.
The hardest-hit units, current and former employees said, were in the marketing and customer experience divisions. Some marketing teams have seen their headcount slashed by anywhere from 30% to 50%.
In some cases, they said, managers were given the choice of who would get cut, while others had no say in how the layoffs would affect their teams.
The Advertising and Customer Experience team was said to have been cut, too. "The common verb to describe ACX is that they were obliterated," one employee said.
This leaked org chart shows Oracle's cloud leaders after the company's major organizational changes.
A look inside Oracle over the past week.
In other news:
2. The Federal Trade Commission is deepening its investigation into Amazon's Prime sign-up and cancellation process. The FTC sent out subpoenas and other demands for information after Insider reporting. Here's our scoop on what's going on.
3. Axed "Robinhoodies" say they were tipped off to layoffs weeks ago. Former Robinhood employees said they saw signs of belt-tightening — including plans to shrink office space — long before the company laid off 23% of its staff. Five former employees took us behind the scenes.
4. Elon Musk's countersuit against Twitter says the company is operating a "scheme" to mislead investors. Musk argued that he is entitled to drop the deal entirely — and Twitter pushed back, saying the billionaire's story is "implausible." Get the big takeaways.
5. Nike is offering $5,000 employee bonuses for some tech job referrals. Grappling with internal turmoil and a wave of exits, the company announced the new referral program, which has been met with mixed reviews from employees. Here's what we know.
6. Fifteen current and former Apple female employees say the company dismissed claims of misconduct. After the Financial Times reported the HR unit retaliated against some of them after speaking up about the incidents, Apple vowed to "make changes." What we know so far.
7. Startup founders' mental health is crumbling. Dried-up funding and the stress of a turbulent economic year has piled stress on founders who are already trying to do the impossible: build iconic tech companies. Why some founders "are especially not OK."
8. Elon Musk denied that he's planning to build his own private airport in Texas. Local news site Austonia reported last week that an airport could help grow his companies in the region, but Musk said that's "not true" and it "would be silly." Get the full rundown here.
Odds and ends:
9. Mark Zuckerberg is minting an NFT of his Little League baseball card. In a post announcing Instagram's expanded support for NFTs, Zuckerberg shared his own "soon-to-be NFT." See the potential digital collectible of a young Zuck.
10. We broke down how to unsend text messages using iOS 16. iPhone users with iOS 16 will have 15 minutes to unsend a text — and delete it from the recipient's phone. How it works and how to do it.
The latest people moves in tech:
Keep updated with the latest tech news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Listen here.
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Jul 26, 2022 (Alliance News via COMTEX) -- Manufacturer Detail, Oracle, SAP, Microsoft, Ellucian, Workday Student, Blackboard, Inc., Rosetta Stone, Blackbaud (AcademicWorks), Salesforce for Higher Ed, 2U, Follett School Solutions, Desire2learn Brightspace, Anthology (Campus Management), Sum Total Systems, LLC, Destiny Solutions, TrueDialog, Admit, Education Management Solutions, Turning Technologies, Populi, Passageways, ConexEd, Hyland, Unit4, Quest Software, Jenzabar, MasterSoft
Report Ocean published the latest research report on the High Education Software market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the High Education Software market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.
High Education Software market and global economic environment, we forecast that the global market size of High Education Software will reach (2030 Market size $$) million $ in 2030 with a CAGR of % from 2022-2030.
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In the past few years, the High Education Software market experienced a huge change under the influence of COVID-19, the global market size of High Education Software reached (2021 Market size $$) million $ in 2021 from (2016 Market size $$) in 2016 with a CAGR of $$from 2016-2021 is. As of now, the global COVID-19 Coronavirus Cases have exceeded 200 million, and the global epidemic has been basically under control, therefore, the World Bank has estimated the global economic growth in 2021 and 2022. The World Bank predicts that the global economic output is expected to expand 4 percent in 2021 while 3.8 percent in 2022. According to our research on High Education Software market and global economic environment, we forecast that the global market size of High Education Software will reach (2026 Market size $$) million $ in 2026 with a CAGR of % from 2021-2026.
Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover and partially adapted to pandemic restrictions. The research and development of vaccines has made breakthrough progress, and many governments have also issued various policies to stimulate economic recovery, particularly in the United States, is likely to provide a strong boost to economic activity but prospects for sustainable growth vary widely between countries and sectors. Although the global economy is recovering from the great depression caused by COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has exacerbated the risks associated with the decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade.
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The world has entered the COVID-19 epidemic recovery period. In this complex economic environment, we published the Global High Education Software Market Status, Trends and COVID-19 Impact Report 2021, which provides a comprehensive analysis of the global High Education Software market , This Report covers the manufacturer data, including: sales volume, price, revenue, gross margin, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows the regional development status, including market size, volume and value, as well as price data. Besides, the report also covers segment data, including: type wise, industry wise, channel wise etc. all the data period is from 2015-2021E, this report also provide forecast data from 2021-2026.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
Product Type Segmentation
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Learning Management System
Student Information Systems (SIS)
Classroom Management Software
Table of Content:
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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyzes the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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London, 8th August, 2022 – Logicalis, an international IT solutions and managed services provider, today announced it has acquired Q Associates, one of the UK's leading providers of IT consultancy and advisory services around data management, data protection, compliance and information security.
The acquisition adds complementary capabilities to Logicalis UKI's core expertise in digital infrastructure, networking & cloud, enabling a broader portfolio of best-in-class solutions and services for customers operating in the digital-enabled World. Q Associates provides technology solutions to UK Universities and Research Councils, Government Security Services and Home Office departments and commercial clients across major industry sectors, including finance, legal, transportation and energy.
Q Associates holds advanced technical accreditations with many of the World's leading technology vendors, including Microsoft, NetApp, Oracle, IBM and Rubrik. The company is headquartered in Newbury, Berkshire, with regional offices in London, Manchester and Newcastle, as well as a Microsoft technical delivery team in Zimbabwe.
"The acquisition of Q Associates is fantastic news for all our customers and further strengthens our partnership portfolio. This announcement shows our commitment to being at the top table in the UKI partner market and customer landscape, especially around the Higher Education and Government Secured Services sectors, says Alex Louth, CEO of Logicalis UKI. "In addition, extending the reach and skills of Logicalis UKI shows our hunger to grow and provide increased value to customers across all sectors."
Commenting on the announcement, Andrew Griffiths, Business Development Director, Q Associates, adds: "We are extremely proud of the achievements of Q Associates with strong values around technical excellence and customer satisfaction. This acquisition is a natural fit for both organisations and will provide clear benefits to our customers through the extended capability and reach of Logicalis. I am very excited by this next stage in our evolution."
------ ENDS ------
Logicalis is an international solutions provider of digital services currently accelerating the digital transformation of its 10,000 customers around the world.
Through a globally connected network of specialist hubs, sector-leading experts (in education, financial services, government, healthcare, manufacturing, professional services, retail, and telecommunications) and strategic partnerships (including Cisco, Microsoft, HPE, IBM, NetApp, Oracle, ServiceNow, and VMware), Logicalis has more than 6,500 employees focused on understanding customer priorities and enhancing their experience.
As Architects of Change, Logicalis’ focus is to design, support, and execute customers’ digital transformation by bringing together their vision with its technological expertise and industry insights. The company, through its deep knowledge in key IT industry drivers such as Security, Cloud, Data Management and IoT, can address customer priorities such as revenue and business growth, operational efficiency, innovation, risk and compliance, data governance and sustainability.
The Logicalis Group has annualised revenues of $1.5 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $4.1 billion.
For more information: https://www.logicalis.com/
About Q Associates
Established in 1986, Q Associates is an award-winning IT solutions provider, specialising in the in the design, deployment and support of IT infrastructure and data management platforms to more than 400 clients across the UK commercial and public sectors. The company is recognised as a leading provider of technology solutions to UK Universities and Research Councils and works with commercial clients across all major industry sectors including finance, legal, retail, transportation and energy. Working closely with many of the World’s leading technology providers, Q Associates has strategic partnerships with organisations that include NetApp, Oracle, Microsoft, VMware, AWS, Lenovo, and Dell. The company is headquartered in Newbury, Berkshire, with regional offices in London, Manchester, and Newcastle.