Hamad Medical Corporation's (HMC) Mental Health Service was recently announced as a joint winner of the Oracle Cerner 'Achievement in User Experience' award during the awards ceremony at the Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
The 'behavioral health implementation with first Middle East Behavioral Health Essential Clinical Dataset' project was recognized for focusing on specialized documentation for mental health patients, with a key focus on patient confidentiality.
The award was collected by Dr. Raed Amro, Assistant Executive Director of the Mental Health Service at the MHS on behalf of HMC: "Mental health records fall within general protected health information, therefore, we were desparate to enhance the process of recording patient data in the system that is both efficient and safe."
"We collaborated with the Oracle Cerner team and our in-house Health Information and Communications Technology Department in the creation of an essential data set. This was a game-changer especially for nurses to help decrease the amount of time they spend on documentation leading to more time spent with the patient. Interdisciplinary collaboration is key to developing practical solutions for typical challenges, and I am pleased with how well the Oracle Cerner team worked with our teams at HMC to develop this solution," added Dr. Amro.
Oracle Cerner, a global healthcare technology company headquartered in the United States, celebrated the ninth annual Achievement and Innovation Awards by recognizing clients across the Middle East and Africa region for their most rewarding healthcare technology innovations in four categories: User Experience, Patient Experience, Financial Outcomes, and Health Outcomes. The Awards honor clients that have effectively enhanced value for their organizations, achieved outstanding patient outcomes and developed innovative healthcare programs through health IT and the support of Oracle Cerner's products and services. The top three shortlisted nominees and the winner for each award category were announced at the awards ceremony held during the annual Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
The annual Middle East and Africa Collaboration Forum is a knowledge-sharing event designed for Oracle Cerner client healthcare leaders, clinicians, and IT professionals. More than 170 senior healthcare representatives from various organizations and hospitals attended this year.
We first made Oracle Corporation (NYSE:ORCL) a Long Idea in August 2018 and reiterated it in July 2019. Since August 2018, the stock is up 46% compared to a 37% gain for the S&P 500. Looking ahead, the stock still offers investors favorable risk/reward. As we'll show, the stock could be worth at least $95/share today - a 38%+ upside.
Oracle's Stock Has Strong Long-term Upside Based on the Company's:
Figure 1: Long Idea Performance: From Date of Publication Through 6/27/2022
Cloud and License Segment Leads the Way: Oracle's total revenue in fiscal 4Q22 was up 5% year-over-year (YoY), while its cloud and license business rose 6% YoY.
Over a longer timeframe, revenue from the cloud and license segment, the company's fastest-growing line of business, has increased from $29.0 billion in fiscal 2016 to $36.1 billion in fiscal 2022, or 6% compounded annually. Oracle has oriented its business for continued growth, as its largest segment is also its fastest growing segment. Per Figure 2, Oracle's cloud and license segment generated 85% of the company's total revenue in fiscal 2022.
Figure 2: Oracle's Revenue Mix: Fiscal 2022
Strong Free Cash Flow with Competitive Offerings: Rather than offering off-the-shelf products, Oracle leverages its global sales force to offer business solutions in the form of customized combinations of products and services tailored to the needs of a specific client.
Oracle generates significant free cash flow with its customer-centered approach. Oracle has generated positive FCF in each of the past five years and 13 of the past 14 years. Over the past five years, Oracle generated $56.1 billion (31% of market cap) in FCF, per Figure 3.
Figure 3: Oracle's Cumulative Free Cash Flow Since Fiscal 2018
Strong FCF Funds R&D Growth: Oracle develops its own products in house, which requires the company to dedicate 31% of its full-time employees to research and development (R&D). Large R&D investment enables the company to enhance current products and develop new technologies, which is critical for Oracle to grow its business and maintain its competitive position.
Oracle's FCF-generating business equips the company with plenty of cash to grow its R&D expense. The company's R&D expense rose from $6.1 billion in fiscal 2018 to $7.2 billion in fiscal 2022, per Figure 4. Over the past five years, Oracle spent a cumulative $32.1 billion on R&D.
Figure 4: Oracle's Research & Development Expense: Fiscal 2018 - 2022
Healthcare Is an Opportunity: The COVID-19 pandemic accelerated long-term trends in healthcare towards increased digital transformation and cloud-based computing. Oracle is actively working on creating a complete suite of applications for health care providers. If Oracle is as successful building and implementing cloud solutions for healthcare as it has been for businesses, the upside to revenue could last for decades.
GAAP Earnings Are Understated: Oracle is more profitable than investors realize, and it currently earns our Strong Beat Earnings Distortion Score, which means the company is more likely to beat its next earnings estimates. While Oracle's GAAP earnings fell from $13.7 billion in fiscal 2021 to $6.7 billion in fiscal 2022, the company's fiscal 2022 Core Earnings, which measure the normalized operating profits of the business, at $11.3 billion are much higher.
Oracle Faces Fierce Competition: Oracle competes against big tech giants such as Google (GOOG, GOOGL), Microsoft (MSFT), and Amazon (AMZN). Though other companies may be larger than Oracle on a market cap or revenue basis, Oracle's focus and specialization provide a distinct competitive advantage. At $10.8 billion, the company earns the third highest economic earnings amongst its competitors over the trailing twelve months (TTM) . Oracle's TTM economic earnings are nearly 7x times greater than enterprise resource planning (ERP) rival SAP SE's (SAP).
Oracle's products and services are core components of their customers' operations. This deep integration with customers means a switch away from Oracle comes with a potentially high cost of disruption to a customer's operations. That creates a serious barrier to entry for competitors, especially in mission-critical sectors such as government and healthcare.
Currency Headwinds: Oracle generates 52% of its revenue internationally, which exposes the company to fluctuations in currency exchange rates. As economies around the world have struggled with pandemic-related shutdowns and supply-chain problems, the U.S. dollar has strengthened. USD to EUR has risen from 0.84 a year ago to 0.94 today, while the USD to JPY has risen from 110.82 to 135.43 over the same time.
Should global economies continue to struggle, Oracle's international revenues could suffer a drag from exchange rate losses and worsening bargaining position against for competitors. Further dollar strength could impact the company's overall revenue growth in fiscal 2023.
Oracle's stock offers investors a business with consistent cash flows, a strong competitive position, and long-term growth opportunities at a steep discount. Oracle's price-to-economic book value (PEBV) ratio is just 0.8, which means the market expects its profits to permanently fall 20% below TTM levels. Below, we use our reverse discounted cash flow model to analyze the expectations for future growth in cash flows baked into a couple of stock price scenarios for Oracle.
In the first scenario, we quantify the expectations baked into the current price. We assume:
In this scenario, Oracle's NOPAT falls 2% compounded annually through fiscal 2032, and the stock would be worth $70/share today - nearly equal to the current price.
If we assume Oracle's:
the stock would be worth at least $95/share today - 38% above the current price. In this scenario, Oracle grows NOPAT by 1% compounded annually over the next 10 years. For reference, Oracle has grown NOPAT by 3% compounded annually over the past five years and 6% compounded over the past ten years. Should Oracle's NOPAT growth Improve to historical levels, the stock has even more upside.
Figure 5: Oracle's Historical and Implied NOPAT: DCF Valuation Scenarios
This article originally published on June 29, 2022.
David Trainer, Kyle Guske II, Matt Shuler, and Brian Pellegrini receive no compensation to write about any specific stock, sector, style, or theme.
 Competitors include Google, Microsoft, Intel (INTC), Amazon, Cisco Systems (CSCO), Adobe (ADBE), SAP SE, International Business Machines (IBM), Workday (WDAY), Hewlett Packard Enterprise (HPE), and Salesforce (CRM).
Dr. Shravani Durbhakula
Given Big Tech’s dubious track record in health care, Oracle’s nearly $30 billion acquisition of electronic health records company Cerner is already prone to doubt. Add to that Oracle’s challenging problem inherited from the Department of Veterans Affairs.
The VA’s health administration, which oversees the nation’s largest health care system with 9 million patients, is embroiled in technical problems in its massive data implementation contract with Cerner. Oracle now owns the problem – literally.
This became apparent June 19 in The Spokesman-Review. That’s when an investigative article about problems with Cerner software at Spokane’s Mann-Grandstaff VA Medical Center ran in this newspaper. Those findings have since reverberated in several health care and military-oriented media outlets. A government audit’s preliminary findings, which are subject to revision, document Cerner software putting patients into what amounts to a black hole where appointments, lab work, refilling prescriptions and other routine follow up procedures failed to work. In all, nearly 150 patients were said to be harmed due in large part to Cerner software.
Credit Oracle’s senior leadership for not ducking the issue. Oracle had a number of ways to avoid addressing the media and the resulting accountability. For one, reporter Orion Donovan-Smith obtained a draft report from his own sources on problems implementing Cerner software. As a draft report, a common tactic would be to defer commenting until a final report is released. Yet Oracle Vice President Deborah Hellinger committed the company to making the software work.
Explaining that the database giant’s software engineers were already working on technical and operational changes, she said the goal is to exceed expectations of providers, patients and the VA. Hellinger went on to say Oracle has “a moral obligation to deliver the best technology possible for our nation’s veterans, and we intend to do so.” This statement creates a sense of urgency while inspiring confidence that Oracle is up to the job. Invoking a moral obligation to developing effective technology for the nation’s veterans elevates the mundane debugging of software and resolving help desk tickets into a patriotic duty.
To be sure, Oracle stopped short of pledging to solve specific issues, which pre-dates the company’s acquisition of Cerner. In 2018, the VA signed a $10 billion contract with Cerner to migrate health records from a 1980s-era legacy system. The deployment in 2020 at Mann-Grandstaff is the first part of what is envisioned as a nationwide rollout over 10 years.
The Office of Inspector General has issued a dozen critical reports about the VA’s patient records modernization initiative. Meanwhile, the GAO, the auditing arm of Congress, recommended delaying the deployment of Cerner to other VA facilities until further testing is completed. Such audits invite additional scrutiny. President Biden signed legislation last month that requires the VA to issue quarterly reports on progress with its Cerner electronic health records rollout.
Members of Congress know the political importance of veterans. “For more than a year, Cerner and VA leadership have avoided accountability, withheld key findings and information, and put the lives of our nation’s heroes at risk,” said U.S. Rep. Cathy McMorris Rodgers, reacting to The Spokesman-Review’s coverage.
While it is easy to assign blame to Cerner, the VA or both, Klas Research finds in a accurate study that perceptions of electronic health records systems are formed by an organization’s IT leadership, the vendor and medical personnel as end users. Well-known for analyzing health technology, the firm concludes an organization’s IT leadership is the single most important determinant of success in EHR systems. As longtime health IT observers know, implementing large projects often comes down to management and personnel considerations as much as technical ones.
The bottom line is the track record of Big Tech in health care is dubious at best. Amazon, Apple, Google, IBM and Microsoft have either struggled or outright failed at bold new health initiatives. Technology alone is not enough. As Dr. Robert Pearl, a professor at Stanford University who served as CEO of a large medical system notes, despite engineering know how to create powerful tools, patient record data is tricky business. Many of the issues plaguing Cerner and the VA is the migration of data from the old EHR system.
Oracle has an enormous opportunity here to put their words into action. As Oracle founder Larry Ellison said, “Better information will fundamentally transform health care.” He’s right. Focus on veterans’ health care to make medical data work for those who served the country.
Dr. Shravani Durbhakula is an anesthesiologist and pain physician at Johns Hopkins University. Twitter: @ShravaniD_MD
An earlier version of this piece misspelled the name of Dr. Shravani Durbhakula, due to a copy editor’s error.
In June, Databricks open-sourced all the Delta Late APIs as part of the new Delta Lake 2.0 release. This put a definitive end to criticism from its competitors like Cloudera, Dremio, Google (Big Lake), Microsoft, Oracle, SAP, AWS Snowflake, HPE (Ezmeral) and Vertica, who had doubted whether Delta Lake was open source or proprietary.
“The new announcement should provide continuity and clarity for users and help counter confusion (stoked in part by competitors) about whether Delta Lake is proprietary or open source,” said Matt Aslett, research director at Ventana Research.
This is not the first time there has been an ambiguity regarding the open-source nature of a tool. The best example is Microsoft’s VS Code.
Last month, Rukshan Ranatunge, Member – FHIR Implementation Architecture and Technical Advisory Group Ministry of Health – Sri Lanka, mentioned in a blog post that he is switching from VS Code to VS Codium. In the post, he talked about VS Code not being open source and also about what makes VS Code proprietary.
Also, in June, Licio Lentimo, Cybersecurity Technical Mentor at CYDEO and software developer, tweeted, “VS Codium is the open-source alternative of VS Code. Interestingly, Microsoft’s VS Code is not fully open source as many previously thought.”
What is VS Code?
A prominent aspect of the source code editor is that it can be customised using extensions. These extensions support new programming languages, themes, and debuggers and perform static code analysis.
With the built-in source control feature, users can access control settings and view changes made in the current project. Moreover, this feature also allows users to create repositories and make a push and pull requests directly from the Visual Studio Code program.
How open is VS Code?
Microsoft released the beta open-source version of VS Code in November 2015. At the same time, it open-sourced the VS Code repository. However, this does not mean that VS Code is open-source. Instead, it’s more accurate to say that VS Code is built on an open-source project called Code-Open Source Software (Code-OSS). Code-OSS is the core layer of VS Code. It is available on GitHub under the standard MIT License.
The GitHub repository (Code-OSS) is where Microsoft develops the VS Code product. Here, the developers write code and modify it. They also publish their roadmap and monthly iteration in the GitHub repository.
However, Microsoft VS Code is a Microsoft licensed distribution of ‘Code – OSS’ that includes Microsoft proprietary assets and features like Visual Studio Marketplace integration and telemetry system that are not available in Code-OSS. Thus, Microsoft follows an ‘open core model’ for VS Code and is not actually open-source.
In an open core model, the company offers certain limited features that form the core of the product as free and open source (FOSS) software, while several add-on features are released as proprietary.
Not just Microsoft but several other companies deploy the open core model. For example, Google built Chrome on Chromium, an open-source browser and then modified it to incorporate proprietary Google features, which is released as proprietary freeware. The same is true for the Oracle JDK, Xamarin Studio and JetBrains. These applications have been built on top of OpenJDK, MonoDevelop and IntelliJ, respectively.
“Microsoft modifies VS Code in a way that a non-Microsoft VS Code fork can’t use extensions from the official Microsoft VS Code store. Not only that, some of the VS Code extensions developed and released by Microsoft will only work in the VS Code released by Microsoft and won’t work on non-Microsoft VS Code forks,” mentioned Ranatunge in his blog post.
Microsoft has made similar moves in the past. It modified the open-source cross-platform IDE MonoDevelop as Visual Studio for Mac. The Visual Studio for Mac has three versions- for students, professionals and enterprises. While the students’ version is free and supports classroom learning, individual developers and small companies must log in via IDE to access the other versions.
In 2021, Microsoft abruptly removed the Hot Reload functionality from the open-source .NET SDK, only to revoke it later as it had enraged the .NET community.
Move towards VS Codium
As stated, Microsoft follows an open-core model for VS code. Therefore, developers who want access to the full open source code that is MIT licensed will have to obtain the code from the repository and then build the VS code on their own.
The task is cumbersome for most users. This is where VS Codium comes into play. VS Codium is fully open-source software binaries of VS Code licensed under the MIT license. With VS Codium, developers do not need to obtain and build from the source. Instead, the VS Codium team builds VS Code from the source repository and uploads the binaries to GitHub. “VS Codium is a clone of Microsoft’s Visual Studio Code. This project’s sole aim is to provide you with ready-to-use binaries without Microsoft’s telemetry code,” mentioned Abhishek Prakash, creator of It’s FOSS (a web portal focused on open source), in a blog.
With telemetry tracking, developers are often flooded with unnecessary advertisements for premium versions of various extensions they use. VS Code gives users the option to install Microsoft and third-party extensions. Unfortunately, these extensions may be collecting their usage data, which cannot be disabled by disabling telemetry tracking.
Vodafone is on a quest to pivot from being “just a Telco” to a “TechCo." The strategy includes revamping operations to reduce costs; digitally transforming the customer experience and service development processes; and developing a differentiated value proposition that leverages 5G, IoT, and edge investments and capabilities.
The company recently split the network infrastructure from digital functions with two closely aligned leaders. The reorganization sees Scott Petty step up to the group level to lead digital and IT operations, making him the critical leader in executing the plan to transform Vodafone into a cloud-first, data-driven 'TechCo”.
Before you stop studying and move on to the following article because you are not in the telecommunications business – let me say that the Vodafone challenge is not unique. I would say that this story applies to any company with discerning customers who have a choice. Please read on if you must continuously evolve customer-facing applications and content to retain customer loyalty.
The front-end and back-end – mind the gap!
We know the front-end is what the users can see while the back-end is the infrastructure that supports it - both need to be in perfect harmony. In the Telco world, the back-end is the “crown jewels," namely the operations support system (OSS), which maintains network operations, and the business support system (BSS), which covers order capture, and customer relationship management (CRM) and billing.
Both front-end and back-end functions are strongly intertwined. When consumer applications change every week, and the back-end is updated every quarter, the "gap" will eventually impact the ability to execute.
As Vodafone built more complex e-commerce applications on the front-end, the need increased for the same cloud capability from the core transactional systems (high-transaction BSS/OSS apps). Vodafone considered several options, including upgrading technology in-situ, building a private cloud platform, or using other third-party clouds.
But, moving transactional systems wholesale to the public cloud is costly and complex, with the risk of performance and latency issues associated with maintaining those systems, which need to remain on-premises for legal or compliance reasons.
Oracle was unique because it offered to build a complete public cloud capability in the Vodafone data centers. Vodafone was able to take a more flexible approach to modernize and migrate the mission-critical systems— the most data-intensive/demanding or too costly/risky to move wholesale to the public cloud.
Way too many databases!
How many databases are too many? Vodafone has fifteen thousand (not a typo) and eight thousand associated applications. Vodafone will be deploying Oracle Dedicated Region Cloud@Customer to modernize those thousands of Oracle databases that support its mission-critical transactional OSS and BSS systems—including core functions like order management and CRM. This task could take several years to complete.
Oracle Dedicated Region Cloud@Customer is a complete OCI cloud deployed in the data center, providing a secure cloud platform to modernize existing infrastructure while retaining full control of data governance, meeting demanding data residency and security regulations.
Vodafone envisages a world in which half of the applications run in Amazon Web Services or Google Cloud and the other half run on the Oracle Cloud. The mix is likely to change over time. The work to modernize the “crown jewel” applications onto the Oracle Cloud might cause application ecosystems to move from AWS onto Oracle Cloud because it would be a more natural fit.
Pivot from running technology to building new services
Vodafone has embraced Oracle Cloud Infrastructure (OCI) in a big way, consolidating forty data centers that run core services for its entire European operations (13 countries) into three locations (Ireland, Italy, and Germany) running on OCI.
The Oracle implementation is a critical pillar in the pivot from ‘Telco to TechCo,’ providing the foundation for a common platform across the Vodafone Group. It will allow rationalization and consolidation of the IT estate while leveraging the cloud as a more efficient way of delivering and scaling new communications services.
Vodafone expects to significantly cut costs across operations and accelerate the development and time to market for new services. The Oracle platform will also bring automation to IT operations, enabling more IT staff to focus on the digital experience and the use of data to drive better customer experiences.
Ultimately, the end game is to redirect the IT organization away from building, integrating, and running technology to provide customers with new services and a better digital experience.
As an example, Oracle Autonomous Database is now a feature of OCI. Oracle Autonomous Database is a cloud database that uses artificial intelligence (AI) and machine learning (ML) to automate database tuning, security, backups, updates, and other routine management tasks without human intervention. Database administrators (DBAs) can now focus on more critical tasks, such as data aggregation, modeling, processing, governance strategies, and supporting developers.
One unique, differentiated example is that the Autonomous Database is serverless and elastic. When an application is not running on the Oracle Cloud, there are no CPUs dedicated hence no charges. Additionally, it is instantaneously elastic, increasing or decreasing servers and cores as needed while the database is still running.
Quickly monetizing IoT services
The long-awaited convergence of the network with the cloud, IoT, and MEC will become the foundation for new service offerings. With expertise in IoT, MEC, and 5g, Vodafone is well-positioned to offer new scalable next-generation digital services.
OCI offers integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain, and Manufacturing, plus Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database.
Vodafone is already monetizing IoT services using Oracle Communications Billing and Revenue Management (BRM) which runs on OCI. For example, sensors in connected vehicles can enable services such as GPS map updates or infotainment, charged on a subscription or consumption basis. The solution runs on the high-performance OCI Container Engine for Kubernetes and is automated with OCI Resource Manager and Terraform across multiple Oracle Cloud Regions. Today it is no longer about connecting IoT devices but providing complete solutions for customers.
The 5G wireless broadband expansion promises an exciting future.
For example, virtual reality applications will power high-tech glasses that deliver instructions to workers in complex fields such as airplane maintenance.
As Vodafone takes advantage of 5G, architectural agility will be essential to monetize next-generation services quickly and efficiently. Oracle's Billing and Revenue Management solution is well-positioned to support emerging 5G-enabled use cases with its cloud-native compliant, microservices-based architecture framework.
Regular readers will know I have become impressed with Oracle's Cloud Infrastructure (OCI) and have written several articles. That was not always the case. I was critical of Oracle Cloud V1.0, but Oracle’s Generation 2 Cloud is an entirely new infrastructure developed from the ground up with no resemblance to its predecessor. The design goals were better performance, pricing, and—above all else—security. Oracle Cloud V2 is a significant improvement and more competitive.
As a long-time Oracle observer, I think it is incredible how the story around OCI is starting to resonate with customers. OCI as a single platform offering IaaS, PaaS, SaaS, and data as a service (DaaS) capabilities is not that sexy. But, combined with technologies such as Oracle Autonomous Database, Oracle Autonomous Data Warehouse, and Oracle Autonomous Transaction Processing, the result is a platform capable of handling large, data-intensive workloads with better security. For organizations like Vodafone transitioning from on-premises data centers to the cloud, OCI is an ideal solution.
Note: Moor Insights & Strategy writers and editors may have contributed to this article.
Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, and speaking sponsorships. The company has had or currently has paid business relationships with 8×8, Accenture, A10 Networks, Advanced Micro Devices, Amazon, Amazon Web Services, Ambient Scientific, Anuta Networks, Applied Brain Research, Applied Micro, Apstra, Arm, Aruba Networks (now HPE), Atom Computing, AT&T, Aura, Automation Anywhere, AWS, A-10 Strategies, Bitfusion, Blaize, Box, Broadcom, C3.AI, Calix, Campfire, Cisco Systems, Clear Software, Cloudera, Clumio, Cognitive Systems, CompuCom, Cradlepoint, CyberArk, Dell, Dell EMC, Dell Technologies, Diablo Technologies, Dialogue Group, Digital Optics, Dreamium Labs, D-Wave, Echelon, Ericsson, Extreme Networks, Five9, Flex, Foundries.io, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud, Graphcore, Groq, Hiregenics, Hotwire Global, HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM, Infinidat, Infosys, Inseego, IonQ, IonVR, Inseego, Infosys, Infiot, Intel, Interdigital, Jabil Circuit, Keysight, Konica Minolta, Lattice Semiconductor, Lenovo, Linux Foundation, Lightbits Labs, LogicMonitor, Luminar, MapBox, Marvell Technology, Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco), Merck KGaA, Mesophere, Micron Technology, Microsoft, MiTEL, Mojo Networks, MongoDB, MulteFire Alliance, National Instruments, Neat, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek, Novumind, NVIDIA, Nutanix, Nuvia (now Qualcomm), onsemi, ONUG, OpenStack Foundation, Oracle, Palo Alto Networks, Panasas, Peraso, Pexip, Pixelworks, Plume Design, PlusAI, Poly (formerly Plantronics), Portworx, Pure Storage, Qualcomm, Quantinuum, Rackspace, Rambus, Rayvolt E-Bikes, Red Hat, Renesas, Residio, Samsung Electronics, Samsung Semi, SAP, SAS, Scale Computing, Schneider Electric, SiFive, Silver Peak (now Aruba-HPE), SkyWorks, SONY Optical Storage, Splunk, Springpath (now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, Telesign,TE Connectivity, TensTorrent, Tobii Technology, Teradata,T-Mobile, Treasure Data, Twitter, Unity Technologies, UiPath, Verizon Communications, VAST Data, Ventana Micro Systems, Vidyo, VMware, Wave Computing, Wellsmith, Xilinx, Zayo, Zebra, Zededa, Zendesk, Zoho, Zoom, and Zscaler. Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is an investor in dMY Technology Group Inc. VI, Dreamium Labs, Groq, Luminar Technologies, MemryX, and Movandi.
Senior Oracle Cloud Application Specialist
Req ID: 27903
Who we are:
Irdeto is the world leader in digital platform cybersecurity, empowering businesses to innovate for a secure, connected future. Building on over 50 years of expertise in security, Irdeto's services and solutions protect revenue, enable growth and fight cybercrime in video entertainment, video games, and connected industries including transport, health and infrastructure. With teams and offices around the world, Irdeto's greatest asset is its people and diversity is celebrated through an inclusive workplace, where everyone has an equal opportunity to drive innovation and support Irdeto's success. Irdeto is dedicated to being the security partner to empower a secure world where people can connect with confidence.
As a Senior Oracle Cloud Application Support Specialist in the Technology Operations Team, you will be providing functional leadership and oversight across our critical business systems such as Oracle ERP cloud. Your role will be to collaborate with key stakeholders across a global business and drive continuous improvement throughout.
Your mission at Irdeto:
Aligning business requirements and best practices to implement working solutions into Oracle Cloud Financials.
Developing an understanding of our current state processes and developing future state recommendations.
Gathering and analyzing business requirements.
Support functionality of the implemented processes.
How you can add value to the team?
What you can expect from us:
Irdeto is a people first organization where you can secure your future. Our values of Trust, Accountability, Agility and Innovation inform our culture. We believe in connecting people and developing careers with a strong focus on collaboration, creativity, health and happiness among our globally diverse workforce.
In addition to competitive remuneration and extensive benefits we offer:
With over 50 successful years of business innovation behind us, and an exciting digital and connected future ahead of us, Irdeto is a progressive company to join. We are looking for people who will keep us at the forefront of innovation and creativity.
Welcome to Irdeto!
Automatisering / Internet
oracle cloud application specialist
Media / Uitgeverijen / TV
1 - 40 uur per week
STAMFORD, Conn.--(BUSINESS WIRE)--Jul 8, 2022--
Information Services Group ( ISG ) (Nasdaq: III ), a leading global technology research and advisory firm, has launched a research study examining service providers that help enterprises and U.S. public sector agencies take advantage of Oracle enterprise software and cloud infrastructure technology.
The study results on Oracle ecosystem services for enterprises will be published in a comprehensive ISG Provider Lens™ report, called Oracle Ecosystem 2022, scheduled to be released in December. The report will cover companies offering services including consulting, implementation, integration and managed services. At the same time, ISG will publish the U.S. Public Sector Oracle Ecosystem 2022 report, covering providers with experience in developing and supporting Oracle solutions for public sector entities in the U.S.
Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.
Enterprises worldwide have responded to the disruptions of the COVID-19 pandemic by speeding up strategies to integrate business systems, automate workloads and enhance core business functions. Amid the pandemic, public agencies in the U.S. have faced growing pressure to reduce costs and better serve constituents while operating under specific constraints that most companies do not face.
“Oracle is at the center of enterprise software transformation, including migration to the cloud,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Oracle partners are critical to companies and public agencies that want to benefit from Oracle’s latest technologies.”
The enterprise software industry, including giants like Oracle, has fast-tracked modernization of its products in response to these needs. Oracle’s service provider partners help clients achieve their business goals using modern software enhanced with AI, machine learning and cloud capabilities. Oracle continues to invest in its partners by providing training programs and expanding their expertise, including enabling them to build customized solutions for business-specific challenges.
For the Oracle Ecosystem study, ISG has distributed surveys to more than 100 Oracle service providers. Working in collaboration with ISG’s global advisors, the research team will produce three quadrants representing the digital services and products the typical enterprise is buying, based on ISG’s experience working with its clients. The three quadrants are:
Geographically focused reports from the study will cover the global Oracle services market and examine products and services available in the U.S., Brazil and Germany. ISG analysts Arun Kumar Singh, Meenakshi Srivastava, Elaine Barth, Gabriel Sobanski and Ulrich Meister will serve as authors of the report.
A list of identified providers and vendors and further details on the study are available in this digital brochure.
For the U.S. Public Sector study, ISG has distributed surveys to approximately 50 providers of Oracle services to public sector clients in the U.S. The three quadrants are:
A report will cover relevant services available in the U.S. public sector. ISG analysts Phil Hassey and Meenakshi Srivastava will serve as authors of the report.
A list of identified providers and vendors and further details on the U.S. public sector study are available in this digital brochure.
Providers not listed in either brochure can contact ISG and ask to be included in the studies.
All 2022 ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures real enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
ISG (Information Services Group) (Nasdaq: III ) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
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PUB: 07/08/2022 09:00 AM/DISC: 07/08/2022 09:02 AM
iSON Technologies is implementing the Oracle property manager solution through its recently acquired GTS Technologies, at Dubai World Trade Center (DWTC) Dubai, UAE.
The DWTC Oracle property manager implementation project went live on 14th Sep 2016 despite the complexity of implementation, tight timeline.
Chief Growth Officer at iSON Technologies, Mr. Akshay Grover, said; â€œThe real estate industry value chain spans across site development cycle, construction life cycle, sales and leasing cycle, facility management cycle.
“GTS, now acquired by iSON Technologies has made property management, maintenance and leasing simpler with our Oracle property and CRM solutions. iSON GTS is fully equipped and continues to add value to its client base in the construction and real-estate sector across these four areas.
“Through this implementation, DWTC is geared up to have a unified view of the tenant contracts and agreements. The system enables DWTC to intelligently manage their real estate portfolio by streamlining and automating lease administration and space management.
According to Grover, the objective of the project was to implement a system to manage the DWTC properties in terms of customer relationship management, pre-leasing, leasing and property management and billing and also eliminate many of the manual processes and automate the tasks and reminders at different milestones.
Speaking more about the project, the company said; â€œDWTC being one of the major Oracle customers, is a very prestigious account for us. We approached the project with lot of care since the solution had to cover diverse business areas including leasing of retail, commercial and residential properties, house keeping contracts, car parking, among others.
Real Estate is one of the verticals in which iSON GTS demonstrates its expertise but we still approach each project on its merits. Each project is unique and comes with its own set of challenges. In case of DWTC Project, time line was a constraint and the client expected us to deliver the project in 5 months including the additional customization and we are happy we were able to deliver the same in the defined timeframe, the company said.
ALPHARETTA, Ga., July 12, 2022 /PRNewswire/ - Alithya Group inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya") is proud to announce the signing of a contract to accompany an existing Oracle client through important stages of its digital transformation processes. The contract has now commenced and is expected to generate approximately 10 million USD in revenues over its 2.5-year term.
The contract, signed with a client that offers dental insurance coverage to millions of Americans, covers an Oracle Cloud Enterprise Resource Planning (ERP) project that will include the implementation of a payroll system, as well as change management and cloud-based training services to ensure optimal adoption of the technology. The newly signed contract follows a previous Oracle Cloud Enterprise Performance Management (EPM) project conducted between the Alithya Oracle team and the client.
Quote by Mike Feldman, Senior Vice President, Oracle Practice at Alithya:
"This agreement seals the deal on one of the largest contracts ever awarded to the Alithya Oracle Practice. It reflects our reputation for excellence as an Oracle partner, as well as showcases Alithya's expanding role as the trusted advisor to top tier organizations across multiple sectors. This undertaking was an entire team effort, and it gives us the opportunity to deliver repeat success for this important client."
Alithya is a trusted North American leader in strategy and digital transformation, employing a dedicated and highly skilled workforce of 3,700 professionals in Canada, the United States and internationally. Alithya's strategy is based on a plan of accelerated organic growth and complementary acquisitions to create a global leader. The company's integrated offer is based on four pillars of expertise: business strategies, enterprise cloud solutions, application services, and data and analytics.
A 25-year Oracle Partner, Alithya's expertise includes more than 300 certified consultants and Oracle ACEs. The company has a dedicated practice for healthcare and financial services and serves other industries, and contributes in an advisory role to the Oracle Product Development team. To learn more about Alithya, visit www.alithya.com.
This press release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and other applicable U.S. safe harbours (collectively "forward-looking statements"). Statements that do not exclusively relate to historical facts, as well as statements relating to management's expectations regarding the future growth, results of operations, performance and business prospects of Alithya, and other information related to Alithya's business strategy and future plans or which refer to the characterizations of future events or circumstances represent forward-looking statements. Such statements often contain the words "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "could," "would," "will," "may," "can," "continue," "potential," "should," "project," "target," and similar expressions and variations thereof, although not all forward-looking statements contain these identifying words.
Forward-looking statements are presented for the sole purpose of assisting investors and others in understanding Alithya's objectives, strategies and business outlook as well as its anticipated operating environment and may not be appropriate for other purposes. Although management believes the expectations reflected in Alithya's forward-looking statements were reasonable as at the date they were made, forward-looking statements are based on the opinions, assumptions and estimates of management and, as such, are subject to a variety of risks and uncertainties and other factors, many of which are beyond Alithya's control, and which could cause real events or results to differ materially from those expressed or implied in such statements. Such risks and uncertainties include but are not limited to those discussed in the section titled "Risks and Uncertainties" of Alithya's Management's Discussion and Analysis for the quarter ended March 31, 2022 and Management's Discussion and Analysis for the year ended March 31, 2022, as well as in Alithya's other materials made public, including documents filed with Canadian and U.S. securities regulatory authorities from time to time and which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Additional risks and uncertainties not currently known to Alithya or that Alithya currently deems to be immaterial could also have a material adverse effect on its financial position, financial performance, cash flows, business or reputation.
Forward-looking statements contained in this press release are qualified by these cautionary statements and are made only as of the date of this press release. Alithya expressly disclaims any obligation to update or alter any forward-looking statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by applicable law. Investors are cautioned not to place undue reliance on forward-looking statements since real results may vary materially from them.
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NEW YORK, (BUSINESS WIRE) -- For the fourth consecutive year, Accenture (NYSE: ACN) has been named a Leader in the Gartner “Magic Quadrant for Oracle Cloud Applications Services, Worldwide,” the global research and advisory firm’s annual assessment of Oracle Fusion Cloud Applications service providers. This Magic Quadrant assessed the relative positioning of 19 service providers based on completeness of vision and ability to execute worldwide in delivering the full life cycle of Oracle Cloud Application services.
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According to the report, “‘By year-end 2024, 75% of Oracle application services revenue will be cloud-related as enterprises accelerate their move to the cloud in response to the massive disruption of the COVID-19 pandemic.” Additionally, “70% of large ERP deployments will be executed by predominantly remote rather than on-site implementation teams,” and, “60% of organizations will select integrated financial management capabilities as their preferred approach to process automation.”
“Accenture’s longstanding alliance with Oracle and our full spectrum of industry and function solutions continue to propel clients around the world to realize the full potential of the cloud, driving better business outcomes across the board. We believe our recognition as a Leader in the Gartner report is a testament to this, and a strong indicator of future success in delivering greater value for customers via Oracle technologies,” said Phillip Hazen, senior managing director and Accenture Oracle Business Group lead.
According to Gartner, “Organizations are looking for a vendor that can support them throughout their cloud adoption journey — from designing the transformation, implementing the solution to ongoing support for their cloud environments. This demands excellent abilities to understand the client’s business requirements and to collaborate in an ongoing way. Vendors that can do both of these in addition to demonstrating excellence in technology enablement are those that are most successful in this market.”
Accenture has deep global capability across a range of Oracle solutions with thousands of Oracle-skilled consultants worldwide who help accelerate digital transformation by implementing Oracle-based business solutions and new business processes that develop and evolve as their digital business grows. Accenture has teamed with Oracle for over 30 years and is a member of Oracle Partner Network. For more information on the Accenture and Oracle relationship, visit www.accenture.com/oracle.
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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner Magic Quadrant for Oracle Cloud Application Services, Worldwide 20 April 2022, by Analyst(s): Gunjan Gupta, Denis Torii, Alan Stanley, Akshit Malik, Rajib Gupta, Eric Cheung
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