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Exam Code: 1Z0-1011 Practice test 2022 by Killexams.com team 1Z0-1011 Oracle Absence Management Cloud 2018 Implementation Essentials Exam Title : Oracle Absence Management Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1011
Exam Duration : 120 minutes
Questions in test : 68
Passing Score : 70%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Absence Management Cloud 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1011 Online VCE Practice Test
Oracle Absence Management Cloud Overview - Describe the main features of Absence Management
- Describe the setup components of Absence Management
- Describe the difference between Absence Type and Absence Plan
- Describe the types of absence plans available in Absence Management Absence Qualification Plans - Describe the plans terms available for qualification plans
- Explain the absence management processes related to qualification plans
- Identify the components for the qualification entitlements display
- Create absence qualification plans Certification Action Items - Describe the types and usages of certification action items
- Configure Certifications (document and entitlement change types)
- Set up Certifications (document and entitlement change types) within Absence Type
- Manage Absence Certifications (schedule process, track due dates, status, etc.) Administration Tasks - Administering plan enrollments and adjustments
- Create, maintain and recalculate absence records
- Explain and execute Absence Management processes (NEW FOR 18B) Compensatory and Donation Plans - (NEW FOR 18B) Explain Compensatory time and Donation Absence Plans
- (NEW FOR 18B) Explain Compensatory Time plan rules
- (NEW FOR 18B) Explain Donation plan rules
- (NEW FOR 18B) Create Compensatory time and Donation plans Absence Accrual Plans - Explain the absence management processes related to accrual plans
- Set up derived factors
- Configure eligibility profiles
- Create a repeating time period
- Create absence accrual plans Absence Types - Describe the impact of work schedules on absence duration calculations
- Explain absence type patterns and display features
- Create a work schedule (including Public Holidays) and assign to employee(s)
- Create absence types
- (UPDATED FOR 18B) Schedule absences using the Absence Self-Service pages Approvals - Describe the approval rules for absences enabled for time card entry
- Set up absence approval tasks and rules Payroll Integration - Describe the setup tasks required to integrate with Global Payroll
- Integrate Absence Management and Global Payroll
- Set up rate definitions in Absence Management Oracle Absence Management Cloud 2018 Implementation Essentials Oracle Implementation test Killexams : Oracle Implementation test - BingNews
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Sep 27, 2022 (Vehement Media via COMTEX) -- United Arab Emirates -- A technological and ecological revolution that is both inevitable and disruptive is coming into a frenzy, and the protagonist is - ORACLE DAO.
ORACLE DAO, initiated by top geek teams in many countries, is currently developing under the leadership of the original team in an orderly manner. The development is progressing smoothly. The Oracle Protocol has now completed the beta stage and will soon be tested on the chain technology and the development of the second ecological layout, OraSwap. ORACLE DAO is based on multiple cross-chain technologies. It has the highest docking center in the whole network, and the value container structure is built by the linkage operations of the whole network. In terms of technology, mode, and ecology, it outperforms the majority of the projects on the DAO track.
The DAO is a decentralized free organization with the innovative underlying technology and a scalable cross-chain ecological layout. The overall layout and top-level design of Oracle DAO have infinite vitality for perpetual operation, which is difficult to surpass by other projects. The first innovative MTE/POSUM hybrid consensus mechanism, superb on-chain processing speed, Turing-complete smart contracts, and forward-looking ecological layout are some of ORACLE DAO's best skills.
At present, the Oracle Protocol has already completed its Beta stage. This is an official announcement of the successful completion of the ORACLE DAO basic contract layer and the foundation of decentralization and de-trust. The importance of the basic contract layer is self-evident. In addition to realizing inter-dimensional operability in a trustless environment, it will also solve the problem of the difference in industrial interfaces between the chain and the chain and establish a diversified industrial ecological interface to meet all the challenges encountered in the development process. Key links through the interaction between its own protocol network and the value layer and contract layer of the entity industry, it realizes the expansion, transaction, and cross-chain of the ORACLE DAO community, so as to open the silo between the virtual and real industries. It carries the rich decentralized exchange application ecology on the protocol layer network and becomes the bridge and foundation between the blockchain world and the entity world.
The ORACLE DAO mechanism algorithm is obviously complex and more rigorous, so it also shows its meticulousness in smart contract layout and mechanism planning, which is more in line with the characteristics of the current era of algorithmic technology. Among them, the POSUM mechanism is the core reward mechanism of ORACLE DAO, which is used to execute community rewards and activate the development of the ecology inside and outside. The POSUM mechanism in the ORACLE protocol will release the platform tokens—ORC—year by year for five years. After the five-year period, the protocol will automatically put all remaining tokens into a black hole for destruction after 100 days. The anti-inflationary eco-model drives the value creation concept of the POSUM mechanism with its constant mintage and anti-inflationary qualities, as well as stable, pledged returns.
The ORC adopts the community's NFT pass as the qualification to purchase, and the initial sale will bring the flow value to the community and provide great momentum for community development. The Oracle Protocol is designed to attract like-minded community members through the POSUM mechanism, expand the influence of the community, and increase the activity of the platform. At the same time, community members can get up to 60% annual return by pledging ORC, and the community also opens DAO community members' rights according to the value of their contributions, so that they can participate in more decisions and development of the ecology within the organization. In addition to the pledged return, community members can also earn ORC tokens as rewards by promoting community development and making relative contributions to the industry ecosystem in the form of individual rewards or team rewards.
From the DEFI perspective, community members work together to provide higher liquidity to the market by pledging various crypto digital assets and becoming part of the liquidity pool of the market. Community members of ORACLE DAO can also produce more ORC tokens through the liquidity pool and work together to increase the demand for ORC. Therefore, it can also be concluded that the community will be the most powerful source of energy for ORACLE DAO, while the POSUM mechanism is responsible for balancing the reward uniform so that the community and each member get a fair reward.
In addition, MTE as NFT identity verification. Its complete name is MINT TO EARN. The reason is to open and join the springboard within the ORACLE DAO organization. Through the MTE to cast a unique NFT identity to go to the next step of pledging to earn another income. When you refer a user to cast NFT, you will be rewarded for casting NFT. In addition, NFT holders will have the opportunity to receive ecological airdrops of ORACLE DAO distributed by the organization unexpectedly in future periods. Without this layer of identity verification, they will not be able to obtain additional airdrop rewards.
With the completion of the ORACLE PROTOCOL test, we are also looking forward to the smooth implementation of its on-chain test, the perfect exit, and smoothly into the second ecological layout ORASWAP development. ORASWAP is an important interface for ORACLE DAO to enter the DEFI trading world, to realize the decentralized exchange derived from the DAO organization. ORASWAP is created on the cryptocurrency smart chain and based on the development of community industry ecology. It carries a variety of protocol mechanisms running to provide users with multi-dimensional and comprehensive DEFI trading services. Through the law of mobile power and the law of mobile wealth, continuous value creation, ORASWAP's investment in research and development is ORACLE DAO in the ecological strategic layout to find a way to liberate power and wealth. The greater value of liquidity pry is the most thrilling challenge of DEFI at the moment. In addition, ORASWAP uses the DAO structure to operate, ensuring the fairness and impartiality of the ORASWAP ecology, returning all users to a high-quality, fair, open, and transparent asset trading environment, ensuring that all users benefit.
To sum up, ORACLE DAO breaks through many limitations of traditional organizations, enabling users to jointly create and exchange value in a trusted environment in the Web3 era and obtain corresponding rewards. With the continuous maturity of technology and improvement of market demands, ORACLE DAO will make great progress on the ecological road. For this reason, the current ORACLE DAO native team will continue to consolidate the foundation, so that the ORACLE DAO giant ecosystem can empower more entity enterprises!
Currently, we are also looking forward to a greater world, and a greater cause requires determination, competence, organization, and responsibility. As a decentralized autonomous organization, it follows the principle of "code is law". The management and operation rules of the organization are encoded on the blockchain in the form of smart contracts, thus realizing distributed collaboration, which can still operate spontaneously without third-party intervention and centralized control. The design of ORACLE DAO is highly transparent, aiming to let all participants know the rules and realize self-operation, self-governance, and self-evolution through intelligent management means and economic incentives of passwords, thus realizing the maximum effectiveness and value flow of the organization and leading humanity into a new decentralized world.
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Mon, 26 Sep 2022 18:49:00 -0500en-UStext/htmlhttps://www.marketwatch.com/press-release/oracle-protocol---a-magnificent-world-is-being-built-in-an-orderly-manner-2022-09-27Killexams : Oracle, fear and loathing
With Oracle CloudWorld in Las Vegas kicking off, the on-going battle with third party support provider Rimini Street is once again making the news. On October 10th Oracle said it had informed the court that it is prepared to proceed with a bench trial “because it is the most efficient path to ending Rimini’s illegal conduct, including its longstanding and continuing violations of Oracle’s copyrights.”
Oracle offers three support stages for its enterprise software, tools and databases: Premier Support, Extended Support, and Sustaining Support. In Oracle’s words, these “deliver maximum value by providing you with rights to major product releases so you can take full advantage of technology and product enhancements.”
Premier Support provides a standard five-year support policy for Oracle Technology products; Extended Support provides for an additional three years, and Sustaining Support is indefinite technical support.
In its Magic Quadrant report for cloud database management products, Gartner warned that Oracle’s on-premises products are often perceived to be expensive and difficult to manage, and customers continue to raise concerns about contract negotiations. In fact, Oracle recently increased maintenance charge from 5% to 8% of the original contract value.
Fixes, updates, and critical patch updates created during Premier Support and Extended Support are the only fixes available when the product reaches Sustaining Support. One needs to question why people continue to buy support, if the only patches they are entitled to are the ones that have already been published.
The challenge for many IT leaders is that while they may wish to continue running Oracle, especially if it is part of a core system of record, such as the Oracle relational database, they are being encouraged, or worse, coerced, into upgrading. One of the big benefits of third-party support contracts is that they separate software from maintenance and support.
But Oracle contracts stipulate that technical support may not be discontinued for a single program module within a custom application bundle. In effect, buying the best Oracle deal bundle will mean the customer remains tied in to paying full maintenance fees on all products in that bundle, even if some are replaced with non-Oracle products or third party support is used.
While Oracle claims Rimini downloaded its IP illegally, customers paying Oracle for maintenance have every right to obtain fixes, patches and documentation, so long as these things remain on their own systems. What Oracle’s latest actions show is that it remains deadly serious about putting the knife into third party maintenance and support.
Wed, 12 Oct 2022 23:23:00 -0500entext/htmlhttps://www.computerweekly.com/blog/Cliff-Sarans-Enterprise-blog/Oracle-fear-and-loathingKillexams : VA will halt Oracle-Cerner implementation until patient safety concerns are addressed
The Veterans Health Administration's rollout of its Oracle-Cerner EHR system will not continue until patient safety concerns are addressed, according to Sept. 26 reporting in FedScoop.
VA Secretary Denis McDonough confirmed the news Sept. 26, responding to questions at an event hosted by the Defense Writers Group. Mr. McDonough confirmed that the VA is working through an implementation checklist with each hospital setting up the new EHR system.
The rollout was paused in June after a federal watchdog alleged that a flaw in Cerner's system caused harm to 148 veterans at Spokane, Wash.-based Mann-Grandstaff Medical Center.
"I think we've been clear that we have to be confident that these risks to patient safety are addressed before we go live. So we're not just focused on the passage of time between now and next year; we're focused on improving the system," Mr. McDonough said.
Becker's has reached out to Cerner and will update this report if more information becomes available.
Mon, 26 Sep 2022 09:20:00 -0500en-gbtext/htmlhttps://www.beckershospitalreview.com/ehrs/va-will-halt-oracle-cerner-implementation-until-patient-safety-concerns-are-addressed.htmlKillexams : VA extends delay of electronic health record launch to June 2023
The Department of Veterans Affairs has suspended the rollout of its new multibillion-dollar electronic health records system until June 2023 to allow more time to overcome recurring problems with the computer program at several hospitals across the country, agency officials announced Thursday, Oct. 13, 2022. (U.S. Air Force)
WASHINGTON – The Department of Veterans Affairs has suspended the rollout of its new multibillion-dollar electronic health records system until June 2023 to allow more time to overcome recurring problems with the computer program at several hospitals across the country, agency officials announced Thursday.
“Right now, the Oracle Cerner electronic health record system is not delivering for veterans or VA health care providers – and we are holding Oracle Cerner and ourselves accountable to get this right,” Deputy Secretary of Veterans Affairs Donald Remy said in a prepared statement. “We are delaying all future deployments of the new EHR while we fully assess performance and address every concern. Veterans and clinicians deserve a seamless, modernized health record system, and we will not rest until they get it.”
The announcement followed the death of a veteran in September at the Chalmers P. Wylie Veterans Outpatient Clinic in Columbus, Ohio, which was reported by The Spokesman-Review, a newspaper in Spokane, Wash.
“Patient safety is VA’s top priority, and we are investigating the patient’s death, which occurred at a community hospital,” according to a VA statement issued Friday. “Currently, this investigation is ongoing and there has not been any determination made on the root cause of this incident.”
There was also another records system outage that affected pharmacy services on Oct. 7 for almost 10 hours, according to Fed Scoop, a federal technology website.
The VA said the outage impacted all Defense Department, Coast Guard and VA sites that now use the new records system from the company Oracle Cerner. The agency said Oracle Cerner engineers are working on fixing the problem, but this outage was not the reason for extending the delay on the records system rollout.
The VA had originally scheduled to launch the new records system in July at the Boise VA Medical Center but moved it to 2023 after the VA inspector general released a report that revealed the system caused harm to 149 VA patients.
So far, the new records system has been launched at five of the VA’s 166 health care facilities. In some cases, additional launches at some facilities have been postponed because of ongoing problems with records system, along with delays caused by the impact of the coronavirus pandemic.
At the Mann-Grandstaff VA Medical Center in Spokane, Wash., where the system was launched first in October 2020, issues included unauthorized and inaccurate medication orders, patients' name and gender errors, issues in scheduling primary care appointments, misdirected links to video medical appointments and lost referrals.
In the meantime, the VA said it will continue to focus on the five facilities where the new records system has been launched. The agency said it also will send letters to veterans who had been impacted by the system’s issues, inquiring whether they had experienced delays in medications, appointments, referrals, or test results. If they have experienced any issues, the VA said the veteran should reach out to the agency and expect someone to follow up with them within five business days to resolve the issue.
“When it comes to delivering the quality health care our nation’s veterans have earned, we have to hit the mark the first time around,” Sen. Jon Tester, D-Mont., chairman of the Senate Committee on Veterans’ Affairs, said in a prepared statement. “That’s why I’ll continue holding VA and Oracle Cerner’s feet to the fire in fixing system-wide issues so existing facilities and any future rollouts guarantee VA health care staff have the tools to provide veterans safe, timely care.”
The VA originally signed a $10 billion contract with Cerner in May 2018 to overhaul the agency's health records system and make it compatible with the Defense Department’s system. However, the cost of the project later increased to about $16 billion.
Last October, Paul Brubaker, acting principal deputy assistant secretary and deputy chief information officer at VA's Office of Information Technology, told House lawmakers that the agency contracted with the nonprofit Institute for Defense Analysis to calculate an estimate of costs of the Cerner electronic health record system. A review issued in July by the institute estimated the implementation of the electronic health record system would cost nearly $39 billion in 13 years. The estimate also included more than $17 billion to sustain the system.
Rep. Mike Bost of Illinois, the top Republican on the House Committee on Veterans’ Affairs, said the new electronic health record should not be rolled out anywhere else until Oracle Cerner fixes its problems.
“When I visited [VA facilities in] Walla Walla [Wash.] in July and Columbus [Ohio] in September, the staff made it clear that this flawed system is making their jobs more difficult and crippling the delivery of care to veterans, and I have heard the same thing from the other sites,” Bost said in a prepared statement. “Unfortunately, these delays are nothing new. VA and Oracle must prove that this time is different, and I won’t allow them to continue throwing good money after bad.”
Mike Sicilia, executive vice president for industries at Oracle, which purchased Cerner in June, told the Senate Committee on Veterans' Affairs in July that he reviewed the system's problems. Oracle took over Cerner's electronic health record contract with the VA, Defense Department and the Coast Guard and established a command center led by Oracle's senior engineers.
Sicilia said at last month’s Senate Appropriations Committee that Oracle hosted a summit with the VA, Defense Department, Federal Electronic Health Record Modernization Office, and Leidos Holdings Inc. to discuss the federal electronic health record system's performance and its problems. Sicilia said the meeting led to plans for the system and that Oracle sent a letter to the VA detailing the plans and a roadmap.
Sicilia also said Oracle is working with the VA to revamp training for employees to learn to use the electronic health records system. He also said he still thinks the company can still launch a safe rollout at the rest of the VA’s facilities in 10 years as it was originally contemplated.
Oracle NetSuite is an enterprise resource planning (ERP) platform that comes with a robust financial management solution.
Its pricing is customized for each user based on the needs and circumstances of your business.
Oracle NetSuite is ideal for midsize businesses, manufacturers and companies that need advanced features.
This article is for entrepreneurs considering implementing Oracle’s NetSuite ERP platform as their financial management and accounting solution.
As your business grows, you may invest in a greater number of software solutions to keep your operations moving forward. Businesses that reach this point often find it’s easiest to streamline all of their systems ‒ including accounting and financial management ‒ into one convenient enterprise resource planning (ERP) platform like Oracle NetSuite.
Invoicing and bill pay
As part of its robust ERP offering, Oracle NetSuite offers an intuitive cloud financial management solution that allows businesses to track their financial data and automate many essential accounting functions. Like any highly-rated accounting software, it offers reporting, planning, and billing features and easily integrates with other software, including Oracle’s suite of business solutions. It can also be used seamlessly with multiple currencies, so it’s a great option for growing companies with a global customer base.
If your business wants to expedite its accounts receivable and payable, accelerate deal closings, and keep up with financial compliance obligations, while taking advantage of a full suite of powerful business management features, Oracle NetSuite is an ideal accounting solution within an ERP platform.
Oracle NetSuite Summary
$999 per month
Invoicing and payments
No. of clients supported
Because they can perform a wide range of complex business management functions, ERP platforms are typically priced on a custom basis. Factors such as business size, annual revenue and desired features all affect the cost of the software. Oracle NetSuite is no different, and to get an accurate price estimate, you’ll need to contact an Oracle sales representative. The sales rep will walk you through all the available features of the platform, including inventory management, financial management, point of sale, customer relationship management (CRM) and human capital management software
Based on our research, Oracle NetSuite pricing includes a $999 monthly licensing fee, plus a per-user fee that starts at $99 a month. While this base price can be used as an estimate, your costs may vary significantly depending on your specific business needs.
Because of its high price point, Oracle NetSuite is likely not well suited for a smaller business with simple accounting and bookkeeping needs. However, if your business is growing internationally and you anticipate needing an ERP platform to manage everything, this can be an excellent accounting solution that sets you up for financial success as your company grows. Thanks to NetSuite’s integrated ecosystem, you can save time and money that would otherwise be spent managing multiple software solutions from different vendors.
Key takeaway: Oracle NetSuite’s price varies depending on the different software modules required, the size of your business, its annual revenue and the number of orders your company processes.
Oracle NetSuite’s financial management solution offers a wide range of useful accounting features. Here’s more about how NetSuite can help growing businesses:
Finance and Accounting
With Oracle NetSuite, your business can seamlessly combine its core finance and accounting functions with strong compliance management. This ERP’s financial management solution offers real-time access to your financial data to help you drill into important details, resolve delays, and generate compliance statements and disclosures for your stakeholders.
NetSuite provides the following basic accounting functions to streamline and simplify your financial processes:
Whether your business operates on a transaction, subscription, usage-based or hybrid model, Oracle NetSuite can help you manage your billing operations. It fully integrates into the platform’s advanced revenue management and compliance functions.
Businesses with financial reporting obligations can use NetSuite to easily comply with accounting standards, including ASC 605, 606 and IFRS 15. Using the platform’s rule-based event-handling framework, you can easily automate numerous revenue management and reporting functions, such as forecasting, allocation, recognition, reclassification and auditing.
Financial Planning and Reporting
NetSuite’s planning, budgeting and forecasting functions allow your business to plot out its financial future based on real-time analytics. Use your business data to forecast revenue, plot out what-if scenarios and develop accurate budgets. Oracle’s powerful reporting and analytics tools also allow you to gain a more complete picture of your business at any time to make better informed decisions about your finances.
Global Account Management and Consolidation
If your business plans to expand its borders and go global, you need a financial management solution that helps you manage your international transactions and compliance obligations. Oracle NetSuite’s powerful financial engine gives you maximum transparency and visibility into your business across countries and in real time so you can manage your operations at the local and global level.
To make it easier to run an international business, NetSuite offers a variety of language interfaces to overcome language barriers and a multicurrency management system that supports over 190 different forms of currencies and automatically accounts for the current exchange rate for real-time conversion.
Governance, Risk and Compliance
With Oracle NetSuite, your business will always be audit-ready. This ERP platform supports your company’s governance, risk, and compliance (GRC) programs so you can handle increasingly complex regulatory, operational, and compliance challenges as you scale.
The platform can also establish a sustainable risk management and compliance process for your company so you can anticipate major risks before they happen.
Oracle NetSuite offers seamless integration with all its ERP solutions and integrates with many leading business software providers. If you use other vendors to manage your operations, you can use NetSuite’s open APIs to introduce new integrations.
To take advantage of these integrations, businesses can hire a NetSuite dedicated implementation team for an additional fee. The team not only helps set up the ERP platform itself, but also assists with any additional integrations and project management planning.
Want to use Oracle NetSuite as part of a larger ERP solution? Your financial management processes will integrate seamlessly with Oracle’s full suite of products. This is helpful if you’re trying to gain a more holistic view of your business’s financial transactions, budgets and forecasts.
Here are a few additional useful functions you’ll find within Oracle NetSuite.
Stay on top of your warehouse ordering. This solution helps you ensure ideal quantities of each item you sell by automatically analyzing historical sales and logistics data. NetSuite can determine the best reordering time frame for each product and replenish stock to an optimal threshold when it runs low.
NetSuite helps companies with every sales or work order while providing real-time visibility into every step of the production process. This ERP’s end-to-end manufacturing software solution can help you run your entire business and make better-informed decisions.
Supply Chain Management
NetSuite helps you seamlessly manage each point in your supply chain, regardless of where your physical product is manufactured or stored.
Warehouse and Fulfillment
NetSuite helps businesses with inbound logistics, outbound logistics, and inventory management, streamlining your warehousing operations and helping you minimize costs for on-time delivery. The built-in warehouse management solution enables you to manage your distribution operations using customized user-defined strategies and advanced real-time updates and integrations.
With Oracle NetSuite, it’s easy to purchase goods and services for your business quickly and at the best prices. Real-time information helps you better understand your company spend and vendor performance while automation and workflow integrations deliver a more accurate procure-to-pay process.
Human Capital Management
Manage your team and your human resources processes with NetSuite’s HCM solution, SuitePeople. This solution allows you to streamline employee onboarding and information collection for new hires while also giving visibility into your workforce operations.
Did you know? Oracle NetSuite offers several key tools that are critical for financial management, including basic accounting functions, billing, revenue recognition, planning and reporting, GRC, and more.
Oracle NetSuite Pros
For growing international businesses, Oracle NetSuite offers a robust, all-in-one ERP solution that puts your most valuable business data into a single platform. NetSuite’s full product suite allows your organization’s various departments and systems to operate harmoniously and in real time so every person in your company is always up to date.
Key takeaway: Oracle NetSuite provides just about every feature you could want in an ERP, allowing for a seamless single solution for managing all your operations.
Oracle NetSuite Cons
In terms of accounting software, NetSuite may be prohibitively expensive for smaller businesses. Additionally, it may offer far more functionality than your business needs at this point in its growth, and you don’t want to pay for features you’ll never use.
Ultimately, NetSuite is ideal for midsize and large businesses operating a complex operation, as this ERP solution performs best when all of the modules are used in conjunction with one another.
Oracle NetSuite delivers top-notch customer service across its entire ERP platform, including its financial management solution. The company’s educational resources supply users the opportunity to learn about NetSuite’s full range of products and stay updated on any new features or capabilities.
NetSuite offers 24/7, real-time support for industries via phone, email and a built-in chatbot on its website. The automated chat functionality can answer simple FAQs or connect you with a customer service representative.
Key takeaway: Oracle NetSuite’s customer service is on a par with what you would expect from a world-class ERP solution, so you can count on being able to find answers to your questions and concerns.
Mon, 10 Oct 2022 12:01:00 -0500entext/htmlhttps://www.businessnewsdaily.com/oracle-netsuite-review.htmlKillexams : Deloitte Launches Oracle MyCloud ERP Offering for Fast Growth and Private Companies
Offering helps organizations with accelerated, risk averse transformations by providing access to Oracle products, implement and support for a predictable monthly fee
NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Deloitte today announced the launch of its Oracle MyCloud ERP offering that can help fast growth and private clients accelerate business transformation enabled by Oracle's modern integrated SaaS Cloud platform. Backed by Deloitte's proprietary industry accelerators and methodologies, the offering helps organizations to get up and running quickly on an Oracle Cloud platform while eliminating the barriers of talent constraints and high upfront costs, which are often associated with ERP implementations. The bundled subscription offering allows organizations to access Oracle Cloud products as well as Deloitte implementation and support services for a consistent monthly fee. This enables companies that are focused on growth to manage their cash flows and to continue to allocate their limited time and resources toward expansive activities.
"We are pleased to have the opportunity to use Deloitte intellectual property and knowledge to serve growth and private clients as they scale and drive their businesses forward. This offering demonstrates our commitment to this market and our desire to assist the leaders of tomorrow," said John Steele, U.S. Oracle offering leader and principal, Deloitte Consulting LLP.
For those interested in exploring Cloud ERP™ further, the starting place is a TruNorth Assessment. A quick, collaborative and effective approach that takes approximately three weeks. Deloitte helps prospects to envision the desired future state, identify transformation opportunities, and develop strategies and roadmaps for the journey.
Experience Deloitte's MyCloud firsthand Deloitte is pleased to be the Global Sponsor of Oracle CloudWorld in Las Vegas, Oct. 17-20, 2022. This new global conference will bring people together to share ideas, develop in-demand skills and learn about cloud infrastructure and applications. Connect with Deloitte professionals at the CloudWorld Hub and attend a theatre presentation on MyCloud ERP enabled by Oracle Cloud.
About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 415,000 people worldwide connect for impact at www.deloitte.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Mon, 10 Oct 2022 02:28:00 -0500entext/htmlhttps://markets.businessinsider.com/news/stocks/deloitte-launches-oracle-mycloud-erp-offering-for-fast-growth-and-private-companies-1031793401Killexams : Oracle Lays Off 201 Employees In California
The cuts affected workers at Oracle offices in Redwood City, Calif., home to the tech giant’s former headquarters. The jobs that were affected included data scientists, application developers, marketing specialists and software developers.
The Austin, Texas company cut 201 jobs in total on Oct. 3 from its Redwood City, Calif. office, according to its Worker Adjustment and Retraining Notification (WARN) filed in California. The job cuts took effect Oct. 3 and was received by the California Employment Development Department Sept. 30, according to the WARN.
In a letter to the state obtained by CRN, Oracle said the layoffs would be permanent and said that its Redwood Shores campus would not be closing as a result of the job cuts. Oracle formerly housed its headquarters in Redwood City, but moved it to Austin at the end of 2020.
Among the jobs cut in this round, according to the Aug. 4 letter to the state from Anje Dodson, senior vice president of human resources at Oracle: data scientists, application developers, marketing specialists and software developers.
CRN has reached out to Oracle for comment.
As of this past May, Oracle employed approximately 143,000 full-time employees, of which about 48,000 are based in the U.S. and the rest internationally, according to a regulatory filing.
The company is the No. 1 employer in Redwood City, Calif. with over 6,500 workers there, according to the city.
Thu, 13 Oct 2022 06:05:00 -0500entext/htmlhttps://www.crn.com/news/cloud/oracle-lays-off-201-employees-in-californiaKillexams : VirtualBox 7 remotes into Oracle Cloud
Oracle VM VirtualBox 7, the latest release of the company’s open source, cross-platform virtualization software, integrates with Oracle Cloud Infrastructure (OCI) for remote control of cloud-hosted VMs, adds support for fully encrypted VMs, enhances 3D video support, and features an automated virtual machine builder.
The upgrade was unveiled October 12. VirtualBox 7 is intended to help devops engineers and distributed teams increase productivity, easing the creation and management of VMs and removing the complexity of configuring them for the cloud. Management of multiple physical systems is also addressed in the new release.
Oracle Cloud Infrastructure integration in VirtualBox 7 enables users to centrally manage development and production VMs running either on-premises or on OCI instances using any VirtualBox-supported operating system, such as Linux, Windows, and MacOS. With a single command or button push, users can export a VM from an on-premises host and run it on OCI, or import a VM from OCI to the user’s local computer.
For management of VMs, an enhanced GUI simplifies management of VMs on OCI and on-premises devices, providing a centralized dashboard showing resources used by each VM.
An automated VM builder accelerates the time to build and run a VM by automating the creation of VMs using the unattended installation feature or open source Vagrant boxes. VMs can be brought up in less than a minute.
Full encryption of VMs uses AES 128-bit or 256-bit encryption for VM data, logs, and configuration files without impacting performance.
Enhanced 3D support in VMs using DirectX 11/OpenGL support. 3D applications can be run including conferencing and CAD.
Enhanced nested virtualization supports running VMs with Microsoft Windows 10 and Windows 11 fully virtualized, which by default require Hyper-V.
Oracle is providing a developer preview of an installer package for macOS/Arm64 systems using an Apple Silicon CPU to run some guest operating systems for Intel/AMD x86 CPUs in emulation. The preview is a work in progress and provides early access to unsupported software features. VirtualBox 6.0 arrived in December 2018.
Wed, 12 Oct 2022 15:58:00 -0500entext/htmlhttps://www.infoworld.com/article/3676570/virtualbox-7-remotes-into-oracle-cloud.htmlKillexams : Implementation partners get strategic — so should CIOs’ use of them
As transformational IT has increasingly become a business imperative, implementation partners have been looking to strengthen their value proposition for their customers. To differentiate themselves from transactional service providers, the more proactive partners are evolving their offerings and approaches, thereby becoming more strategic than they had been in the past.
While IT leaders can maximize the opportunity arising out of this shift by leveraging the partners’ strategies and advanced capabilities, it’s important for them to maintain focus on the risks. Here’s a look at how implementation providers are evolving and how CIOs should approach partnering with them for mutual success.
Shifting to a transformation approach
There is a perceptible change in the way implementation partners are now approaching their clients as compared to earlier, and it is all about becoming a strategic partner for transformational change.
“A partner now enters an account with a broader area of engagement in mind. The discussions may be around a specific project with a CIO, such as implementing a typical solution like Oracle or SAP ERP, but the partner’s core agenda is to bring about an extensive and comprehensive transformation of the client’s IT infrastructure,” says Harnath Babu, CIO at KPMG.
“As the project progresses, the partner discusses the CIO’s pain points and what could alleviate them. This could invariably lead to the partner’s scope getting expanded into, but not limited to, managing emerging technologies, enhancing cost and operational efficiencies, bringing about automation, application development, or improving the system of records,” he says. “Implementation partners are clearly moving from the earlier point approach to a transformation approach.”
Sharing an example of this as it unfolded at KPMG, Babu says, “We engaged with a system integrator to help us with L1/L2 support. In a short time, we scaled it to L3. We found that we could also leverage the partner for managing our infrastructure. Next, we asked the partner to help us with POD development as it was a big challenge to find skilled resources,” says Babu. “So, what started as an L1/L2 service engagement, eventually led to infrastructure management and resource augmentation.”
The POD, or product oriented delivery, is a software development model that entails building small, self-sufficient cross-functional teams that take care of specific requirements or tasks for a project.
Takeaways for CIOs from this trend: Leveraging one partner instead of many frees up CIOs and their teams from more boilerplate deployments, allowing them to focus on what is core to the business. “An implementation partner looks at the total value generated from an account. Therefore, if a CIO gives value to the partner, the latter will reciprocate. This will supply CIOs the confidence of having a strong partner behind them. There can then be a project director to manage the project on a day-to-day basis and the CIO can intervene only when there is budget or strategy involved,” says Babu.
Building Centers of Excellence
With the aim of adding value to their customers, implementation partners are increasingly realizing the importance of building technological expertise.
“To keep pace with the market and stay relevant, implementation partners are building on human capital and expertise. For instance, most partners lacked competency in cloud as there wasn’t much requirement related to it in the past. However, as cloud is gaining a strong traction, they have also upped the ante,” says Subramanya C, global CTO at business process management company Sagility (formerly HGS Healthcare).
So, when Subramanya decided to move the company’s SAP, SharePoint portal, intranet, and other applications to the cloud, he roped in a partner who had a Center of Excellence on cloud and 12 to 15 subject matter experts (SME) on the technology.
“Partners with such capabilities were not seen in the past,” he says. “More than 100 servers had to be migrated in a few weeks. Immense planning, resources, and mitigation of risk were involved in the project. However, the partner’s strong technical expertise, which formed the basis of the center of excellence, made sure that the project got completed smoothly and as per the scheduled plan,” says Subramanya.
Takeaways for CIOs from this trend: Although implementation partners can provide deeper expertise than they could in the past, IT leaders should not be complacent when enlisting it. “For complex projects, like ours, strong governance is required from the enterprise technology leader’s end,” Subramanya says. “IT leaders can outsource a task or an activity to a partner and their SME, but they can’t outsource their responsibilities. Therefore, we ensured a strong governance framework was in place while implementing this project. We also had our own SME working in close collaboration with the partner’s experts.”
Collaborating with other partners
The evolution of technology, driven by modernization of applications and services, is catalyzing collaboration among system integrators.
As Archie Jackson, head of special initiatives, IT, and security at digital transformation company Incedo says, “I have seen system integrators coming together to offer solutions, a trend that wasn’t visible in the past. Today, products don’t work in silos. One product has multiple linkages with other products, and it orchestrates and expands into other areas. For instance, a security solution today is not limited only to the network. It is connected to end point and applications, too. Therefore, one project could spill over to another. A partner, however, may not have the expertise or the bandwidth to execute everything, which leads to collaboration with other partners.”
Incedo was in talks with a partner some time back for implementing managed links for connectivity. The end-to-end managed service would have offered remote connectivity to access corporate network from anywhere in the world.
“During the conversations, the partner suggested he could bring another implementation partner to enhance the cybersecurity of the links. It came across as a logical fit because the links had to be secure, but I had not seen a partner collaborating with another one like this in the past,” says Jackson. Takeaways for CIOs from this trend: One implementation partner bringing another partner may help a CIO, but it could also increase the cost of the project. “This is a good option only if a CIO wants to build capability. The primary partner will build his margin into the project for which he is getting the second partner, thereby increasing the cost for the CIO. If CIOs have the capacity to architect a solution more efficiently, they should do so in-house,” says Jackson.
Tue, 04 Oct 2022 23:52:00 -0500Author: Yashvendra Singhen-UStext/htmlhttps://www.cio.com/article/408427/implementation-partners-get-strategic-so-should-cios-use-of-them.htmlKillexams : SEC fines Oracle $23 million, says the company bribed foreign officials for business
A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California.
Justin Sullivan | Getty Images
Oracle has settled with the Securities and Exchange Commission after it was charged with violating the Foreign Corrupt Practices Act for a second time, the SEC announced Tuesday.
The SEC said Oracle violated provisions of the act between 2016 and 2019 when its subsidiaries in India, Turkey and the United Arab Emirates created slush funds used to bribe foreign officials. Oracle's subsidiaries also used the funds to pay foreign officials to attend technology conferences, according to the SEC.
The company did not admit to or deny the SEC's findings, and it will pay more than $23 million to settle the charges.
"The conduct outlined by the SEC is contrary to our core values and clear policies, and if we identify such behavior, we will take appropriate action," said Oracle corporate communications vice president Michael Egbert.
The company also settled charges in 2012 after Oracle India created millions of dollars of side funds, the SEC said.
Charles Cain, the SEC's FCPA unit chief, said in the release that the charges highlight a need for "effective internal accounting controls" at Oracle.
"The creation of off-book slush funds inherently gives rise to the risk those funds will be used improperly, which is exactly what happened here at Oracle's Turkey, UAE, and India subsidiaries," he said.