Six months ago, at Oracle Live, Oracle talked about its plans to bridge the sales and marketing gap with the help of AI and automation. During that event, Larry Ellison talked about how the CRM (or sales automation system) needs to evolve, arguing:
The sales automation system has value. It keeps track of your opportunities, keeps track of your contacts. It allows you to communicate with management and say, 'I expect these deals to close in the quarter.' It's really a management tool for individual salespeople and their bosses to make estimates: how many deals will close in the quarter, and figure out what revenues will look like in the quarter.
Now, that has value. But the sales system does not increase sales. It doesn't automate sales. It automates sales, forecasting and improves communication. But what we want to do is actually build systems that help you sell more.
To get to this point, Oracle started by creating a new way for marketing to generate qualified leads to send to Sales with the launch of Oracle Fusion Marketing. I'm not going to dive into the details of Fusion Marketing because Jon did a great job of that himself. But what happens once Sales gets those leads? Something needs to change to help them work with them - that's the concept at the heart of the release of Oracle Fusion Sales.
At an Oracle Live event: The Future of CRM: Engineering Connected Sales Experiences, Rob Tarkoff, Executive VP & General Manager, Oracle Advertising and Customer Experience, talked about the need for a tighter hand-off between Marketing and Sales (and how rare that is today). For that to happen, a transformational approach to managing sellers is needed.
Tarkoff referenced an Oracle study of 200 sales professionals that found 86% want s
Sales and Marketing to work more closely, and 88% need the tools and technologies to make that happen. It's true that there are plenty of marketing technologies to help Marketing and a growing number of sales technologies to help Sales, but the integrations between the two are not always that ‘integrated’ or indeed useful.
Not only are sellers wary of the leads passed on by Marketing, but they are spending a lot of their time going in and out of different technologies to manage routine processes in addition to the work they need to do to work with prospective customers properly.
Oracle's answer to these challenges is Oracle Fusion Sales, dubbed “the next generation of CRM”. So what does the next generation of CRM look like? Katrina Gosek, VP, Oracle CX Product Strategy & Marketing, took me through the details.
Gosek said that Fusion Sales shifts the CRM from a system of record to a tool that will help sellers sell more. It does this in a few ways.
First, a new user interface makes it much easier to see what's happening with an opportunity. If you're accustomed to the busy interface of Salesforce, then you might appreciate the simplicity of this one.
The opportunity screen provides a high-level look at all the data around this opportunity, from activity by the account to sales activities, contacts, products purchased, services, billing, and more. The Sales rep can drill down further if they want to see more detailed information in any particular area.
The left-hand side of the screen provides what Gosek calls “guided selling”. These are guided workflows based on best practices and past deals (or built from industry templates). Guided selling is a useful feature for new salespeople coming in to help them learn faster and smarter, but it's also useful for more seasoned salespeople.
As Gosek pointed out, sellers still struggle with a predictable path to success because the models are continually changing, the groups involved are changing, and there's no one right now to move forward. But data can help make the process easier.
Underlying Fusion Sales is data - data from existing deals and opportunities, as well as past deals. Leveraging AI, the application can bring forward the best recommendations that help sellers move the opportunity forward. So, for example, it can recommend the next step in the process, whether that's making a phone call or email, creating a quote, or scheduling a demo.
And then there's the automation that takes the mundane, manual processes away from the seller. For example, Zoom meetings can be launched from within the Fusion application, and all notes, transcripts, and replays are automatically added to the activity for that opportunity. If you make a phone call from within the application, that call and any call notes are added. Let's say you made a note to schedule a demo meeting for a specific date and time. The application guides the seller to schedule the meeting as a next step and automatically fills in as many of the details as possible based on information in the notes.
Another automation feature is the creation of quotes and proposals based on customer data and past deals. Gosek explained that historical deal data related to similar closed deals, similar price points, and the combination of products sold together is used to help automatically generate a proposal or quote that the seller can review and customize.
The AI provides an estimated closed win rate and can suggest changes to increase the potential of closing the deal.
Other features in Oracle Fusion Sales include:
The overall goal of Fusion Sales is to supply sellers one place to work that can perform many of the manual, mundane tasks and let the sellers focus on the work needed to win new sales. An action bar discretely hides additional functionality (like creating a deal room), so the seller isn’t overwhelmed with the interface. In addition, the tight integration with Fusion Marketing surfaces what Gosek called the 'conversation-ready' opportunities, so sellers spend their time with the best potential prospects.
I've helped salespeople with their processes. I've worked in Salesforce and helped set up different sales technology. It's often a convoluted process, working through multiple tools with little to no integration. Oracle Fusion Sales changes that, and I was pleasantly surprised with the clean, easy-to-understand UI and the guided selling.
The digital sales room didn't surprise me. I recently covered Drift's new Deal Room, and the two are very similar. And there are others too. This sales experience is so late in coming, but at the same it, it's timely. As Gosek said, a lot more selling is happening virtually, and even when we get back to more in-person meetings, that digital experience isn't going away. These deal rooms will become much more popular and widely used, especially when the buying team is large and distributed.
I'm all for AI and automation if it allows us to focus our efforts on the more critical work in marketing and sales. However, I am also keenly aware that for AI to work well, you need the right data. Oracle is pulling together a lot of data from different applications to ensure its AI is providing the best insights and recommendations, but a company needs to have a sufficient amount of customer data to work with for the AI to work well.
The MarketWatch News Department was not involved in the creation of this content.
Jul 28, 2022 (Heraldkeepers) -- The global adopt Learning Management System market size is expected to grow from US$ 9.2 Billion in 2018 to US$ 23.7 Billion by 2024, at a CAGR of 21.52% during the forecast period.
Educational institutions and corporate organizations extensively adopt learning management software (LMS) that provides learners with a wide variety of learning content. A learning management system is a software Industry Vertical which provides infrastructure, tools and context to provide administration, documentation, tracking, reporting and delivery of educational courses, training programs, or learning and development programs. The global LMS market is expected to witness significant growth, due to increasing e-learning industry, growing cloud computing market, and increasing demand for cost-effective training solution by industries among others. Learning management systems can also be accessed through smartphones, as the companies provide mobile learning functionality to their learning management systems.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The global Learning Management Systems market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Learning Management Systems market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Cornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo, Schoology, and others are among the major players in the global Learning Management Systems market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Learning Management Systems market share. Major industry players with significant revenue share include Cornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo, Schoology, and others.
The global Learning Management Systems market is segregated on the basis of Deployment Model as Cloud and On-premise. Based on Industry Vertical the global Learning Management Systems market is segmented in Government & education, Retail, Healthcare, IT & telecom, Manufacturing, and Hospitality. Based on User Type the global Learning Management Systems market is segmented in Academics and Enterprises.
The report covers:
Global Learning Management Systems market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with genuine data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Learning Management Systems market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Learning Management Systems market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
Reasons to Buy this Report:
Gain detailed insights on the Learning Management Systems industry trends
Find complete analysis on the market status
Identify the Learning Management Systems market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making
The Learning Management Systems Market has been segmented as below:
The Learning Management Systems Marketis segmented on the lines ofLearning Management Systems Market, By Deployment Model, Learning Management Systems Market, By Industry Vertical, Learning Management Systems Market, By User Type, Learning Management Systems Market, By Region and Learning Management Systems Market, By Company.
Learning Management Systems Market, By Deployment Modelthis market is segmented on the basis ofCloud and On-premise. Learning Management Systems Market, By Industry Verticalthis market is segmented on the basis ofGovernment & education, Retail, Healthcare, IT & telecom, Manufacturing and Hospitality. Learning Management Systems Market, By User Typethis market is segmented on the basis ofAcademics and Enterprises. Learning Management Systems Market, By Regionthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World. Learning Management Systems Market, By Companythis market is segmented on the basis ofCornerstone Ondemand, Inc., Blackboard, Saba Software, D2l Corporation, Adobe Systems, Crossknowledge, Oracle, SAP, Docebo and Schoology.
The global Learning Management Systems market report scope includes detailed study covering underlying factors influencing the industry trends.
Request sample Report from here: https://www.marketresearchengine.com/learning-management-systems-market
Table of Contents:
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
22.214.171.124. Secondary Research
126.96.36.199. Primary Research
188.8.131.52. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.2.1. Growing inclination toward beyond policy and enterprise mobility
4.2.2. Increasing significance of eLearning in corporate and academic setups
4.3.1. Low motivation and engagement to adopt lms solutions
5. Learning Management Systems Market, By Deployment Model
5.1. Key Points
6. Learning Management Systems Market, By Vertical
6.1. Key Points
6.2. Government & education
6.5. IT & telecom
7. Learning Management Systems Market, By End User
7.1. Key Points
8. Competitive Landscape
8.2. recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9. Company Profile
(OVERVIEW, KEY FINANCIALS, PRODUCT AND PRODUCT OFFERINGS, RELATED DEVELOPMENTS)
9.1. Texas Instruments
9.2. Te Connectivity
9.3. Broadcom (Avago)
9.4. NXP Semiconductors
9.6. Bosch Sensortec
9.7. TDK (Invensense)
9.8. Infineon Technologies
9.9. Analog Devices
Other Related Market News :
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
Company Name: Market Research Engine
Contact Person: John Bay
Country: United States
The MarketWatch News Department was not involved in the creation of this content.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Oracle Corp. and Microsoft Corp. announced a deeper interoperability of their clouds, allowing customers to more easily run projects across the two platforms.
Years ago, many cloud providers tried to lock customers into a single platform, but that is no longer feasible as the cloud has become more central to operations. Customers typically use multiple clouds, and cloud platform providers such as Microsoft and Oracle are adapting to that multicloud environment. About two-thirds of enterprise-level companies use multiple clouds, according to a May 2021 report by Boston Consulting Group.
The Oracle Database Service for Microsoft Azure was announced today at Microsoft Inspire, an online event for Microsoft partners.
It builds on an integration introduced in 2019, known as Oracle Interconnect for Microsoft Azure. That earlier step connected Oracle Cloud Infrastructure to Microsoft Azure cloud infrastructure. It required a fair amount of effort and technical expertise on the part of customers to make it work, the companies said.
“Over the last couple years we have had a lot of success with that. And we also got a lot of customer feedback. And one of the things that customers (said) was, ‘Hey, it’s great you are working together, but we really would like a more integrated experience,’” said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure.
“The ability to benefit from both clouds, and the flexibility, is a real win for customers,” said Corey Sanders, corporate vice president of Microsoft Cloud for Industry and Global Expansion.
The new service connects Oracle’s database service directly to the Azure cloud, eliminating custom work that previously would have been required.
In practice, that means an Oracle database user can move data easily to the Microsoft Azure cloud and have access to Microsoft tools such as Azure Synapse, which analyzes the data, the companies said.
There are no fees associated with data transfer between the two cloud platforms, although customers will pay for other services beyond data transfer, such as Azure Synapse or the self-tuning and patching Oracle Autonomous Database.
The new service includes a dashboard with a single sign-on process. That means Oracle customers who move workloads to Azure can still work in an Oracle-like environment and vice versa, reducing the need for customers to learn new systems.
Oracle and Microsoft interconnects are in 11 facilities in the Americas, Europe and Asia. That physical proximity allows a less than 2-millisecond level of latency or delay in communication across the cloud platforms, the companies said.
Oracle and Microsoft have made the service available on an early basis to a number of companies including Veritas Technologies LLC, a multicloud data management company based in Santa Clara, Calif.
“The experience has been very good. Many enterprise customers use Oracle and Microsoft and moving workloads…without this kind of integration would take a lot of effort,” said Jane Zhu, senior vice president for corporate operations at Veritas.
“Oracle and Microsoft are absolutely unique in the way they are integrating now,” said Donald Feinberg, vice president and distinguished analyst at researcher Gartner Inc. “I think we will start to see other cloud vendors do the same thing,” he said.
Amazon.com Inc.’s Amazon Web Services, Microsoft Azure and Alphabet Inc.’s Google Cloud accounted for 65% of the $53 billion in global cloud-service spending in the first quarter of the year, up from 52% of global sales four years ago, according to Synergy Research Group.
Oracle, based in Austin, Texas, said in June that companywide revenue was up 5% to $11.84 billion in its fiscal fourth quarter, while total cloud revenue grew 19% from a year earlier to $2.9 billion.
Write to Steven Rosenbush at email@example.com
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Strong natural language capabilities, open semantic layer, and extensive customer support ecosystem noted as key strengths of Oracle Analytics
AUSTIN, Texas, July 28, 2022 /PRNewswire/ -- Oracle today announced that it has been recognized as a Leader in the IDC MarketScape: U.S. Business Intelligence and Analytics Platforms 2022 Vendor Assessment. This IDC MarketScape includes 16 select business intelligence and analytics (BIA) platform providers. Represented by Oracle Analytics Cloud (OAC) and Oracle Analytics Server (OAS), Oracle Analytics placed among the top platforms in the current BIA offering category.
“Oracle’s innovation in AI-based automation across the entire analytics and business intelligence continuum accelerates insights, recommendations, and actions that help Excellerate outcomes throughout the enterprise,” said Dan Vesset, group vice president of Analytics and Information Management market research, IDC.
According to the report, “Consider Oracle BIA software if your organization has broad requirements for ad hoc data exploration, performance management, scenario analysis, and embedded analytics. By offering multiple-related BIA products, Oracle enables clients to take advantage of its capabilities in the environment and use cases of their choice.”
IDC’s assessment highlights several key OAC strengths, including its prebuilt capabilities that use machine learning for auto-generating and explaining insights in all data, as well as others that significantly Excellerate user experience such as natural language (NL) and natural language query (NLQ). These strengths include:
“Our strategy is to empower everyone to make analytics-driven decisions that increase the benefit to their organization,” said T.K. Anand, executive vice president, Oracle Analytics. “We’re honored to have IDC validate our commitment to innovating for our customers.”
Oracle Analytics is a complete cloud platform with ready-to-use services for a wide variety of workloads and data. Offering valuable, actionable insights from all types of data—in the cloud, on-premises, or in a hybrid deployment—Oracle Analytics uses machine learning to empower business users, data engineers, and data scientists to access and process relevant data, evaluate predictions, and make quick accurate decisions.
Download a copy of the IDC MarketScape report here.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
View original content to obtain multimedia: https://www.prnewswire.com/news-releases/oracle-recognized-as-a-leader-in-the-idc-marketscape-us-business-intelligence-and-analytics-platforms-2022-vendor-assessment-301595496.html
In the latest trading session, Oracle (ORCL) closed at $76.47, marking a -1.14% move from the previous day. This move lagged the S&P 500's daily loss of 0.12%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.44%.
Coming into today, shares of the software maker had gained 7.62% in the past month. In that same time, the Computer and Technology sector gained 10.34%, while the S&P 500 gained 8.25%.
Investors will be hoping for strength from Oracle as it approaches its next earnings release. In that report, analysts expect Oracle to post earnings of $1.07 per share. This would mark year-over-year growth of 3.88%. Our most recent consensus estimate is calling for quarterly revenue of $11.47 billion, up 17.86% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $5.21 per share and revenue of $49.73 billion, which would represent changes of +6.33% and +17.17%, respectively, from the prior year.
Any recent changes to analyst estimates for Oracle should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Oracle is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Oracle's current valuation metrics, including its Forward P/E ratio of 14.85. Its industry sports an average Forward P/E of 30.84, so we one might conclude that Oracle is trading at a discount comparatively.
We can also see that ORCL currently has a PEG ratio of 1.86. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ORCL's industry had an average PEG ratio of 2.21 as of yesterday's close.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can obtain 7 Best Stocks for the Next 30 Days. Click to get this free report
Oracle Corporation (ORCL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
NEW YORK, July 29, 2022 /PRNewswire/ -- The Learning Management Systems Market for Higher Education is segmented by Deployment (on-cloud and on-premise) and Geography (North America, Europe, APAC, South America, and Middle East and Africa). Moreover, the Y-O-Y growth rate of 2022 for the market is estimated at 21.67%. The report also provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
For more additional information about the Learning Management Systems Market for Higher Education. BROWSE SUMMARY OF THE RESEARCH REPORT
Learning Management Systems Market for Higher Education Overview
LMS is a software application that enables the documentation, administration, tracking, reporting, and delivery of educational courses or training programs. It is also used to monitor the learner's progress so that actions can be taken accordingly. Streamlining of the learning process, the need for cost-effective, centralized learning solutions, and rising emphasis on aspects such as personalized learning and formative assessments have paved the way for higher penetration of LMS in the academic segment.
The learning management systems market for higher education report offers information on several market vendors, including Adobe Inc., AlphaLearn, Blackboard Inc., Cornerstone OnDemand Inc., D2L Corp., Docebo Inc., Epignosis, Instructure Inc., International Business Machines Corp., John Wiley and Sons Inc., Jzero Solutions Ltd., Learning Technologies Group Plc, Oracle Corp., Paradiso Solutions, PowerSchool Holdings Inc., SAP SE, Byteparity Technologies LLP, and Kochar Infotech Ltd among others. Moreover, the market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Blackboard Inc. - The company offers learning management systems that work alongside by helping to leverage innovative technologies and services which include student retention to brand reputation management.
D2L Corp. - The company offers learning management systems that provides people with virtual and in-person instructor-led training sessions, eLearning, and playlists that work for organizations of all sizes.
Docebo Inc. - The company offers learning management systems that provides highly configurable interfaces that let the user define graphical navigation where users can set up an interface that meets their individual needs.
Find additional highlights on the vendors and their product offerings. REQUEST sample REPORT (INCLUDING GRAPHS & TABLES) OF THIS MARKET
Segmentation Analysis & Forecasts
By Deployment (on-cloud and on-premise)
By Geography (North America, Europe, APAC, South America, and Middle East and Africa)
DOWNLOAD sample COPY OF THIS REPORT Using Business Email ID to Gain Further Insights on the Market Contribution & Share of Various Segments & Regions on Higher Priority
Key Learning Management Systems Market for Higher Education Drivers:
Premium Learning Management Systems Market for Higher Education Trends:
Major Learning Management Systems Market for Higher Education Challenges:
Find additional information about market Drivers, Trends, & Challenges available with Technavio. READ sample REPORT OF THIS MARKET
Didn't Find What You Were Looking For? Customize Report-
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
Speak to our Analyst now! to take full advantage of every opportunity using competitive analysis created just for you
Here are Some Similar Topics-
Next Gen Learning Management System (LMS) Market for Higher Education Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025: The market value is set to grow by USD 4.05 billion, progressing at a CAGR of 30% from 2020 to 2025, as per the latest report by Technavio. 56% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for next gen learning management system (LMS) for higher education in North America. FIND MORE RESEARCH INSIGHTS HERE
Higher Education M-learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025: The market value is set to grow by USD 3.44 billion, progressing at a CAGR of over 22% from 2020 to 2025, as per the latest report by Technavio. The higher education M-learning market vendors should focus on grabbing business opportunities from the non-learning applications segment as it accounted for the largest market share in the base year. FIND MORE RESEARCH INSIGHTS HERE
Learning Management Systems Market for Higher Education Scope
Growth momentum & CAGR
Accelerate at a CAGR of 22.75%
Market growth 2022-2026
$ 5.42 billion
YoY growth (%)
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
APAC at 30%
Key consumer countries
US, Canada, China, UK, and Germany
Leading companies, competitive strategies, consumer engagement scope
Adobe Inc., AlphaLearn, Blackboard Inc., Cornerstone OnDemand Inc., D2L Corp., Docebo Inc., Epignosis, Instructure Inc., International Business Machines Corp., John Wiley and Sons Inc., Jzero Solutions Ltd., Learning Technologies Group Plc, Oracle Corp., Paradiso Solutions, PowerSchool Holdings Inc., SAP SE, Byteparity Technologies LLP, and Kochar Infotech Ltd
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Deployment
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
View original content to obtain multimedia:https://www.prnewswire.com/news-releases/learning-management-systems-market-value-for-higher-education-is-set-to-grow-by-usd-5-42-billion-progressing-at-a-cagr-of-22-75-from-2021-to-2026--301595510.html
It is also betting big on the financial sector as well as government projects to drive this growth.
“The Indian economy is forecast to expand nearly 8% this year. It is by far above every other economy in the world. If you factor in the size of the economy and also the growth of the middle class, it's getting wealthier,” said Garrett Ilg, president of Japan and Asia Pacific at Oracle.
Ilg said the number is not an aberration and is sustainable for the next two years. “It (growth) is absolutely because (of) the momentum that is happening in the Indian market,” he told ET on the sidelines of the Oracle India Partner Forum event.
The company views small and medium enterprises, including startups, using its NetSuite, enterprise resource planning, human capital management and data analytics products.
Strategic growth area
The tech giant said the public sector and government business was a strategic area for its growth in India.
It has worked in the Niti Aayog's aspirational districts programme of monitoring 112 most under-developed districts in the country and the Income Tax Department has been using the Oracle Marketing Cloud solutions to reach out to taxpayers and to create awareness.
“We are seeing government projects as a strategic area for us and will continue to invest there. Initiatives such as the Diksha programme for e-learning and Open Network for Digital Commerce (ONDC) will be game changers,” said Shailender Kumar, senior vice president and regional managing director, Oracle India.Shailender Kumar
The company is adding a dedicated team to manage SaaS solutions for public sector business, said Kumar.
Oracle recently closed a large project from Uttar Pradesh Power Corporation and is in discussions with state governments such as in Odisha, West Bengal, Haryana and Maharashtra for public sector projects.
Will gain market share
Oracle said it changed the approach to a subscription-based and consumption-based model from chasing big deals with big discounts. It expects this to help close the market share gap with rivals.
“Oracle has modified the cloud market with our focus on consumption. We are actually looking for companies that know what they need now and then they can subscribe to more later. We don't want customers to buy big just to get a discount,” Ilg said.
According to Synergy Research Group, Amazon’s AWS, Microsoft Azure and Google Cloud are three top players in the market as of December 2021 – with a market share of 33%, 21% and 10%, respectively.
The change to subscription-based business model along with its partnership with Microsoft Azure for multi-cloud capabilities and strong security layer in OCI Gen 2 model are “big differentiators” that the Oracle executives said would help the company gain market share.
Last month, Oracle and Microsoft announced the availability of Oracle Database Service for Microsoft Azure. With this new offering, Microsoft Azure customers can access and monitor Oracle Database services in OCI.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Oracle Fusion Cloud ERP positioned as highest in “Ability to Execute” and furthest on “Completeness of Vision” in service-centric cloud ERP market analysis
AUSTIN, Texas, July 27, 2022 /PRNewswire/ -- Oracle has been named a Leader in the 2022 Gartner® Magic Quadrant for Cloud ERP for Service-Centric Enterprises for Oracle Fusion Cloud Enterprise Resource Planning (ERP). The Magic Quadrant, which evaluated 10 providers, recognized Oracle as a Leader for its “Ability to Execute” and “Completeness of Vision”. A complimentary copy of the report is available here.
According to the Magic Quadrant for Cloud ERP for Service-Centric Enterprises report, “Leaders demonstrate a market-defining vision of how service-centric ERP systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear Ability to Execute this vision through products, services, and go-to-market strategies.”
“Oracle Cloud ERP is the only proven solution on the market that has the product depth and vertical breadth to meet the unique industry needs of our customers.” said Rondy Ng, executive vice president of applications development, Oracle. “We believe the Gartner recognition highlights the trust placed in us by our service-centric customers for their digital back-office transformations and underscores their successes in overcoming unprecedented global challenges to thrive and prosper by leveraging continuous innovation from our SaaS.”
Part of Oracle Fusion Cloud Applications Suite, a complete set of cloud applications designed and built for changing customer needs, Oracle Cloud ERP allows organizations to quickly optimize their business with touchless operations, predictive insights, and embedded collaboration features. With machine learning, artificial intelligence, and customer-driven innovations added every 90 days, Oracle Cloud ERP helps organizations increase efficiency, embrace new business models, respond to shifting market conditions and capitalize on new opportunities.
Over 11,000 organizations turn to Oracle Cloud ERP and Cloud HCM applications to run their businesses. Oracle Cloud ERP offers a comprehensive set of enterprise finance and operations capabilities, including financials, accounting hub, procurement, project management, enterprise performance management, risk management,subscription management, and supply chain management & manufacturing. Oracle Cloud HCM delivers market leading capabilities for human resources, talent management, workforce management, payroll, and the award winning employee experience platform, Oracle ME. These self-updating platforms provide customers with the industry’s most advanced technologies every 90 days, giving organizations the ability to build, innovate, automate, adapt, and leverage new business opportunities on-demand.
Oracle has garnered consistent industry recognition for its finance applications. Oracle was named a Leader for the third successive time in the 2021 Gartner® Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises and was ranked a Leader in the 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” for the fifth straight year. Additionally, Oracle was named a Customers’ Choice in the 2021 Gartner ® Peer Insights™ ‘Voice of the Customer’: Cloud Financial Planning and Analysis Solutions. Finally, Oracle was named a Leader for the sixth successive year in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises.
To learn more about Oracle Cloud ERP customers, visit www.oracle.com/erp/customers/
GARTNER and MAGIC QUADRANT are registered trademarks and service marks, and PEER INSIGHTS is a trademark and service mark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
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 Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
View original content to obtain multimedia: https://www.prnewswire.com/news-releases/oracle-recognized-as-leader-in-the-2022-gartner-magic-quadrant-for-cloud-erp-for-service-centric-enterprises-301593933.html