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Exam Code: 1Z0-1023 Practice test 2022 by Killexams.com team 1Z0-1023 Oracle Inventory Cloud 2018 Implementation Essentials Exam Title : Oracle Inventory Management and Enterprise Structures Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1023
Exam Duration : 120 minutes
Questions in test : 73
Passing Score : 67%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Inventory Cloud 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1023 Online VCE Practice Test
Enterprise Structures, Legal Authorities, and Jurisdiction - Explain the fundamental structures for an enterprise
- Configure an Enterprise Structure using the Configuration Workbench
- Explain Jurisdictions and Legal Authorities Reporting Structures - Explain management reporting structures
- Configure a Shared Service Structure within an Enterprise Structure
- Model a Business Unit within an Enterprise Structure
- Explain how security relates to reporting structures
- Explain General Ledger set up
- Model a Financial Reporting Structure Inventory Transactions - Create a Subinventory Transfer
- Create a Miscellaneous Transaction
- Create an Interorganization Transaction
- Create a Movement Request
- Resolve Pending Transactions
- Explain Transfer Types
- Perform a PO Receipt
- Explain the relationship between Discrete Manufacturing and Inventory Transactions
- Perform a Pick Slip confirmation Consigned Inventory from a supplier - Explain the Consignment Process
- Create Consumption Advice
- Explain Ownership Transfers from Consignment perspective
- Perform a return for Consigned material Plan Inventory Replenishment - Run a Min-Max Plan
- Explain how Min-Max Reorder Quantities are calculated and rounded
- Set up min-max related item and item subinventory‒level attributes
- Explain the different types of supply requests generated from min-max planning
- (NEW for R13) Explain PAR Location Management Material Management and Logistics - Explain the Warehouse Operations Key Performance Indicators
- Analyze and manage Warehouse Operations Supply Lines and Exceptions - Analyze and manage the material request flow within Supply Chain Orchestration
- Analyze and manage the make flow within Supply Chain Orchestration
- Analyze and manage the buy flow within Supply Chain Orchestration
- Manage supply request exceptions Legal Entities - Explain legal entities and their role within the system
- Design an Enterprise Configuration Cost Centers, Departments, Facilities, and Reference Data - Explain Cost Centers and Departments
- Model an Item Organization setup
- Describe Cost Organizations
- Explain Reference Data Sets
- Explain the sharing methods available for reference data Advanced Inventory Transactions - Explain how Material Status Control affects transactions
- Create Material Statuses
- Implement lot and/or serial control
- Perform lot and/or serial controlled transaction
- Explain Item Availability types
- Create Inventory Reservations Back to Back Processing - Apply the Back to Back process flow
- Explain Reservations with Back to Back processing
- Manage exceptions in the Back to Back process flow Inventory Counts - Explain the different types of Inventory Counting Methods
- Create a Manual Cycle Count
- Explain how cycle counts are generated
- Perform a Physical Inventory
- Explain how physical inventory adjustments affect the inventory balances Supply Chain Orchestration Overview - Explain the capabilities of supply chain orchestration
- Configure the invocation of external Supply Chain Execution systems
- Describe the Supply Lines Work Area and Supply Line Statuses
- Configure advanced fulfillment configurations for Back to Back Order Processing
- Configure the advanced fulfillment configurations for Contract Manufacturing Processing Data Integration Approaches
- Import on-hand balances via the ADF Desktop Integration
- Import subinventories via the ADF Desktop Integration
- Import Transfer Orders via the ADF Desktop Integration Oracle Inventory Cloud 2018 Implementation Essentials Oracle Implementation availability Killexams : Oracle Implementation availability - BingNews
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https://killexams.com/exam_list/OracleKillexams : A New Service from the Microsoft and Oracle Partnership: Oracle Database Service for Microsoft Azure
Microsoft and Oracle have partnered since 2019 and first delivered the Oracle Interconnect for Microsoft Azure,, allowing hundreds of organizations to use secure and private interconnections in 11 global regions. Now both companies have extended their partnership with the GA release of Oracle Database Service for Microsoft Azure, which builds upon the core capabilities of the Oracle Interconnect for Azure and enables any customer to integrate workloads more easily on Microsoft Azure with Oracle Database services on OCI.
Through the Azure Portal, customers can deploy Oracle Database running on OCI with the Oracle Database Service. The service automatically configures everything required to link the two cloud environments and federates Azure Active Directory identities, making it easy for Azure customers to use the service. Furthermore, OCI database logs and metrics are integrated with Azure Services such as Azure Application Insights and Azure Log Analytics for simpler management and monitoring Azure Application Insights and Azure Log Analytics.
Jane Zhu, senior vice president, and chief information officer, Corporate Operations, Veritas, said in a Microsoft press release:
Oracle Database Service for Microsoft Azure has simplified the use of a multi-cloud environment for data analytics. We were able to easily ingest large volumes of data hosted by Oracle Exadata Database Service on OCI to Azure Data Factory where we are using Azure Synapse for analysis.
In addition, Holger Mueller, principal analyst and vice president at Constellation Research Inc., told InfoQ:
It is remarkable as customers brought competitors together - and now Oracle is even better integrated into the Azure... practically making Oracle a first-grade citizen in Azure - operating the Oracle DB from an Azure console. This is how multi-cloud should be implemented - so customers win. And they must win......
Furthermore, he said:
Tacitly it is also the admission by Microsoft that the Oracle DB is better than MS SQL Server and by Oracle that Microsoft PowerBI is better than Oracle Analytics - at least for some customers... and Larry J Ellison is right - it is all about giving customers choices.
Lastly, there are no charges for using the Oracle Database Service for Microsoft Azure, the Oracle Interconnect for Microsoft Azure, or data egress or ingress when moving data between OCI and Azure. Customers will pay only for the other Azure or Oracle services they consume, such as Azure Synapse or Oracle Autonomous Database.
Thu, 28 Jul 2022 08:32:00 -0500entext/htmlhttps://www.infoq.com/news/2022/07/oracle-database-service-azure/Killexams : Oracle Enhances Cloud Capability in Abu Dhabi
Dubai, United Arab Emirates – Oracle announced the immediate availability of its new data centre in Abu Dhabi, which will offer public cloud applications services to customers in the UAE and wider Middle East. The Abu Dhabi data centre will support the rapid adoption of Oracle Cloud in the UAE and act as a key catalyst for the implementation of UAE’s strategy for the Fourth Industrial Revolution aimed at building the country’s leadership in education and advanced technology, including artificial intelligence, robotics and genomic medicine.
“By locating a data centre in the UAE, we will be able to better manage service levels and respond to local customers, who, for data governance requirements and other reasons, need to keep their data local,” said Arun Khehar, Senior Vice President – Business Applications, Middle East and Africa, Oracle. “Our customers in the region are excited about this new development. Coupled with Oracle’s unique ability to deliver solutions at every layer of the cloud stack, they firmly believe they can tackle digital disruption head on.”
Top organisations in the UAE continue to drive major digital transformation projects with Oracle Cloud. Etisalat, one of the world’s leading telecommunication groups, is the telecom partner for Oracle’s applications data centre in Abu Dhabi.
“In the past year, we have seen dramatic changes in the industry with digital technologies taking centre stage. Businesses are making investments in futuristic technologies and adapting to these technological changes in their ecosystems”, said Miguel Villalonga, Vice President of Cloud & Data Center, Etisalat Digital. “With digital transformation driving the future, more companies are enabling digital innovation in their business and services. Our collaboration with Oracle complements very well the existing capabilities of Etisalat Digital and will help accelerate this transformation and cloud adoption to further empower government and commercial entities in the region.”
Her Excellency (H.E.) Dr. Rauda Al Saadi, Director General of Abu Dhabi Smart Solutions and Services Authority (ADSSSA), said, “The Authority is sparing no effort in contributing to positioning Abu Dhabi as a global hub for technology and innovation. In line with this, the launch of the new Oracle data centre in Abu Dhabi represents a strong boost towards achieving a digital transformation path, complementing the Abu Dhabi Government Accelerators Programme ‘Ghadan 21’.”
“We are fully aware of the important role that data plays as the key element in driving digital transformation, which requires a strong data system based on the latest technologies and capabilities,” H.E. added. “We therefore attach great importance on the need to strengthen partnerships with leading technology companies to enhance the government services, decision making process, and raising the efficiency of government performance. Our collaboration with Oracle will allow us to double our capabilities across many areas of technology, such as the Internet of Things (IoT) and large data analytics.”
Data management represents a cornerstone of the authority’s strategy to develop and manage the data exchange platform, build analysis capabilities, and reinforce private sector participation in the development of this field, she noted. That effort supports the Abu Dhabi Government’s efforts to achieve economic growth and enrich the quality of people’s lives.
About Oracle The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly-Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com/middleeast.
Fri, 08 Feb 2019 01:26:00 -0600by MyHostNews Senior Editoren-UStext/htmlhttps://myhostnews.com/2019/02/oracle-enhances-cloud-capability-in-abu-dhabi/Killexams : Oracle, Microsoft announce availability of Oracle Database Service for Microsoft Azure
With this new offering, Microsoft Azure customers can easily provision, access, and monitor enterprise-grade Oracle Database services in Oracle Cloud Infrastructure (OCI) with a familiar experience.
Users can migrate or build new applications on Azure and then connect to high-performance and high-availability managed Oracle Database services such as Autonomous Database running on OCI.
Offering Customers Choice with Azure and OCI Multicloud Capabilities
Over the last two decades, thousands of customers have relied on Microsoft and Oracle software working well together to run their business-critical applications.
As customers migrate applications and data to the cloud, they continue to look for joint solutions from their trusted software partners.
Since 2019, when Oracle and Microsoft partnered to deliver the Oracle Interconnect for Microsoft Azure, hundreds of organizations have used the secure and private interconnections in 11 global regions including Singapore.
Microsoft and Oracle are extending this collaboration to further simplify the multicloud experience with Oracle Database Service for Microsoft Azure.
Many joint customers, including some of the world’s largest corporations such as AT&T, Marriott International, Veritas and SGS, want to choose the best services across cloud providers to optimize performance, scalability, and the ability to accelerate their business modernization efforts.
The Oracle Database Service for Microsoft Azure builds upon the core capabilities of the Oracle Interconnect for Azure and enables customers to more easily integrate workloads on Microsoft Azure with Oracle Database services on OCI.
Customers are not charged for using the Oracle Database Service for Microsoft Azure or for the underlying network interconnection, data egress, or data ingress between Azure and OCI. Customers will pay only for the other Azure or Oracle services they consume, such as Azure Synapse or Oracle Autonomous Database.
“Microsoft and Oracle have a long history of working together to support the needs of our joint customers, and this partnership is an example of how we offer customer choice and flexibility as they digitally transform with cloud technology. Oracle’s decision to select Microsoft as its preferred partner deepens the relationship between our two companies and provides customers with the assurance of working with two industry leaders,” said Corey Sanders, corporate vice president, Microsoft Cloud for Industry and Global Expansion.
“There’s a well-known myth that you can’t run real applications across two clouds. We can now dispel that myth as we deliver Oracle and Microsoft customers the ability to easily test and demonstrate the value of combining Oracle databases with Azure applications. There is no need for deep skills on either of our platforms or complex configurations—anyone can use the Azure Portal to harness the power of our two clouds together,” said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure.
“The main reason that enterprises’ digital infrastructure strategies use multiple clouds is that new technologies can provide expanded opportunities to optimize their workload placement. These might include best-of-breed services on one platform that offer compelling functional, cost or time benefits to the enterprise, or it may mean enhanced integration with – and management of – on-premises software that runs mission-critical workloads. Any simplified functionality that provides secure interconnectivity between software stacks from different vendors matters significantly to CIOs, especially if it is underpinned by a meaningful service-level agreement (SLA) provided between two platforms,” shared Simon Piff, Vice President of IDC Asia Pacific Research.
Familiar Experience for Azure Users Combined with an Oracle Managed Service
With the new Oracle Database Service for Microsoft Azure, in just a few clicks users can connect their Azure subscriptions to their OCI tenancy.
The service automatically configures everything required to link the two cloud environments and federates Azure Active Directory identities, making it easy for Azure customers to use the service.
It also provides a familiar dashboard for Oracle Database Services on OCI using Azure terminology and monitoring with Azure Application Insights.
“Many of our mission-critical workloads are running Oracle databases on-premises at massive scale. As we move these workloads to the cloud, Oracle Database Service for Azure enables us to modernize these Oracle databases to services such as Autonomous Database in OCI while leveraging Microsoft Azure for the application tier,” said Jeremy Legg, chief technology officer, AT&T. Watch the video.
“Multicloud architectures enable us to choose the best cloud provider for each workload based on capabilities, performance, and price. The OCI and Azure partnership integrates the capabilities of two major cloud providers, including the Oracle Database services in OCI and Azure’s application development capabilities,” said Naveen Manga, chief technology officer, Marriott International. Watch the video.
“Oracle Database Service for Microsoft Azure has simplified the use of a multicloud environment for data analytics. We were able to easily ingest large volumes of data hosted by Oracle Exadata Database Service on OCI to Azure Data Factory where we are using Azure Synapse for analysis,” said Jane Zhu, senior vice president and chief information officer, Corporate Operations, Veritas.
“Oracle Database Service for Microsoft Azure simplifies our multicloud approach. We’re going to be able to leverage the best of Oracle databases in Azure, and we are going to be able to keep our infrastructure in Azure. This is a great opportunity to have the best of the two worlds that eases our migration to the cloud and improves the skills of our people in IT,” said David Plaza, chief information officer, SGS. Watch the video.
iSON Technologies, a leading technology services in Africa and Oracleâ€™s platinum partner urge organizations to adopt Cloud Computing Security for business transformation. The companies made the call at an event themed: â€˜Modernizing Security on the Cloudâ€™, held recently.
The event highlighted the need for organizations to implement and manage consistent security policies across hybrid data centers and explained that data security has become an increasing concern now that cloud storage has become more common. The event also brought to the fore issues such as the increasing contemporary threats, vulnerabilities and fraudulent activities in the cloud as well as ways to ensure an organization keeps its data safe on the cloud.
Commenting on the need for organisations to guard against threats, vulnerabilities and fraud events in the cloud, Hamilton Iyoha Pre Sales Consultant IT Security at Oracle, CISM said, â€˜â€™ With each passing day, organizations are being exposed to an ever-growing list of threats, configuration oversights, vulnerabilities and fraud events. Visibility to risks and real-time attacks, and the ability to rapidly respond will be among your key success metrics in 2018. In order to contain these threats and have a visibility into the security posture of your applications across multiple cloud platform and on-premise, you need an Identity Centric and intelligent Security Operation Center (Identity SOC). Oracle is proud to introduce to you the Industry’s first identity-centric framework for security operation centers known as Oracle Identity SOC.
Sharook Hussain, Vice President Sales & Bus Dev. iSON, ME & Africa, further outlined the importance of cloud security saying â€œEnterprises today are exposed to a growing volume of threats, both in scale and sophistication, with increasing regulatory norms being enforced upon them. It is essential for companies to ensure confidentiality, integrity and availability of vital information and data through a robust information security framework. iSONâ€™s Cyber Security Services follow a holistic approach in responding to multi-dimensional cyber security risks and providing total visibility and intelligence on new developments within business infrastructures, applications, data and people. We offer total Security solution aligned tightly with Oracle and committed to the Middle East and African region.â€
Cloud computing has the potential to Improve the way businesses and IT operate by offering fast, flexible, scalable and cost efficient methods of operating. Companies however need to minimize risks associated with cloud computing by adopting standards and procedures to protect systems data and funds.
iSON Technologiesâ€™ Next Generation Intelligent Identity Security Operations Center, which will combine advanced technology to ensure proper security of data and swift identification of threats will allow a complete turn-around for businesses, ensuring implementation of consistent security policies.
Oracle NetSuite is our pick for the best accounting software product that includes enterprise resource planning (ERP). NetSuite has been a leading brand name in the ERP space for many years. Your business can use it to keep track of your financial data and automate all of your accounting functions. But more importantly, you can use NetSuite's full ERP solution to manage complex business functions on a global scale.
Oracle NetSuite Editor's Score: 9.2/10
Why We Chose Oracle NetSuite as the Best for ERP Tools
An established business with a lot of moving parts requires an advanced solution capable of managing complex processes, which is where ERP software can help. ERP refers to an integrated software solution used to manage business processes. Although finance and accounting is perhaps the most important part of ERP, other modules include human resources management, sales, marketing and supply chain.
Oracle NetSuite is one of the leading solutions in the industry for ERP. This multifaceted solution can expedite an organization's financial transactions, such as accounts receivable and payable, as well as keep track of a company's compliance obligations. It has many reporting, planning and billing features, and is designed to be used globally and with multiple currencies. It can be easily integrated with other software, including Oracle's suite of business solutions. For these reasons and more, we've chosen Oracle NetSuite as the best accounting software with ERP tools.
Did you know? There are two types of ERP: on-premises ERP (manual installation) and cloud-based ERP (software as a service, or SaaS). Learn more in our article about ERP industry trends.
What We Like About Oracle NetSuite
NetSuite uses modular pricing, so you pay only for what you need.
The software is ideal for operations on a global scale, making it a great choice for small businesses that are rapidly scaling into midsize or large businesses.
NetSuite is a widely recognized ERP brand, with more than 31,000 businesses around the world using the software.
What We Don't Like About Oracle NetSuite
The high price point and steep learning curve are more appropriate for businesses with substantial resources at their disposal than small operations.
There is no free trial, and potential customers need to contact Oracle NetSuite directly for a pricing quote.
Ease of Use
As an integrated software solution used to manage HR, sales, marketing and supply chain, NetSuite goes far beyond simpler accounting and bookkeeping software. Unsurprisingly, NetSuite was far more complex than mass-market solutions, such as what we found in our review of QuickBooks. Like most of the best accounting software solutions we reviewed, NetSuite displays key business metrics on the main dashboard. As shown below, it's a very busy interface packed with tools and drop-down menus
We found that while NetSuite's ease of use might eclipse that of other ERP solutions, it obviously isn't as user-friendly as basic solutions geared toward small businesses. NetSuite's complexity means that many business owners may need to consider hiring a consultant to help them navigate the software and make full use of its capabilities. That said, the steep learning curve belies extremely powerful tools and capabilities that you simply won't get with cheap alternatives.
Oracle NetSuite Features
If you plan to use Oracle NetSuite as part of a larger ERP solution, you can integrate your accounting processes with other functions, such as inventory management, for a complete view of your business's income and expenses. Here is an overview of the key features of Oracle NetSuite's accounting solution.
Financial Process and Operations Management
NetSuite helps businesses design and implement financial processes with their accounting software. It provides the ability to seamlessly connect accounting functions with management systems. Managers have real-time access to their financial data, giving them the ability to create reports or address delays.
Its general ledger gives organizations the ability to input and monitor all of their financial data in a customizable ledger. Through the general ledger, users can report functionality, enhance audit trials and create support for new management.
NetSuite's accounts receivable and payable features integrate all financial data into an easy-to-use system that functions automatically. They also have management programs for taxes, fixed assets, cash and payments.
If you have multiple clients, vendors or partners, NetSuite can streamline your billing infrastructure. It gives you control and flexibility over your billing process through a centralized framework that includes transactions, subscriptions and projects that go directly to the billing engine. The billing function also allows you to create and manage subscriptions and recurring billing.
NetSuite helps you comply with accounting standards to report financial results in a timely manner. The revenue recognition services enable you to schedule, calculate and report revenue on financial statements swiftly.
Financial Planning and Reporting
Through its planning and budgeting functions, NetSuite can help you plan for your business's financial future. One really cool function is that NetSuite can use your business's data to forecast revenue and what-if scenarios, as well as produce budgets. The system can also take your current data in future projections and generate reports.
Global Account Management and Consolidation
Running your business internationally or introducing your products and services into an international market can present challenges. Through NetSuite's financial engine, you can manage your business finances across your organization globally. We like that the software comes with multiple language interfaces that can help you bridge communication or language gaps.
NetSuite also offers a multicurrency management system that supports over 190 currencies. The software automatically calculates the exchange rate for real-time conversion. It also provides a variety of payment options to resolve international transactions seamlessly.
Government Risk and Compliance
NetSuite helps organizations set up and monitor their systems so that they comply with their company's government risk and compliance (GRC) programs. It provides the ability to change systems as your company scales and is audit ready so that any financial issues can easily be viewed and investigated. NetSuite complies with regulatory requirements such as ASC 606, GAAP and SOX.
The program can also transform your GRC program in real time by establishing a sustainable risk-management and compliance process. This feature can save businesses money in the long run, as it can predict major issues.
As an ERP platform, Oracle NetSuite offers seamless integration with all modules (accounting, inventory management, customer relationship management (CRM), human capital management, etc.) available on the platform. NetSuite integrates with many leading business software providers and offers open APIs for new integrations.
To integrate NetSuite with other business software, a dedicated implementation team is available for an additional fee. The team can also develop additional integrations and project management planning.
One unique feature is Oracle NetSuite's warehouse management and fulfillment module, which helps businesses control inbound logistics, outbound logistics and warehouse inventory management. Using NetSuite, businesses can generate and send purchase orders to their suppliers. They can also set high-priority tickets to an "expedite" list for faster processing.
Outbound logistics tracks goods leaving the warehouse, which are shipped directly to stores or consumers. This tool includes a "pick, pack and ship" feature, which informs warehouse employees and distribution employees that a product is ready for transport. As an item moves through the warehouse, Oracle NetSuite updates its records to reflect the accurate number of quantities remaining in your inventory.
Did you know? "Supply chain distribution" and "logistics" mean two different things, although the two terms are often used interchangeably. Logistics is the process of planning how products will get to their destinations, while distribution is the real process of getting them there.
Logistics tools are dependent upon accurate inventory management, which incorporates barcoding, batch and serial tracking to determine where items are located in a warehouse. We were especially impressed by how seamlessly the process fits together. When employees scan a received product into the storage facility, they move it from the loading dock to the appropriate lot, aisle and bin. Once placed, an item is scanned again, and Oracle NetSuite automatically updates its records with the location of the item and the date and time it was scanned.
Once an item is stored in the warehouse, Oracle NetSuite regularly alerts staff to perform "cycle counts," or inventory audits. These audits reconcile the real quantity of stock in storage with the records maintained by Oracle NetSuite's inventory-tracking tool. Oracle NetSuite's auditing features are also designed to streamline inventory audits by cataloging products based on their value, quantity and specific characteristics, like color, size, material and type.
The order-management tool helps warehouses ensure an adequate quantity of each item is always on hand without over-ordering and ending up with deadstock, or products that cannot be sold promptly. NetSuite automatically analyzes historical sales and logistics data to determine optimal reordering points for each product, replenishing stock to an optimal threshold when it runs low. NetSuite also accounts for lead times identified through the inbound logistics tools, factoring in how long it takes suppliers to fulfill new orders and adjusting the minimum quantity accordingly.
Oracle NetSuite also includes a multi-location management tool, which we found useful for a warehouse that supplies several locations. Through lot tracking, bin tracking and serial tracking, you can monitor the flow of goods across your entire business in real time, and NetSuite automatically adjusts optimal stock levels to support demand across all your locations.
Oracle NetSuite Pricing
Oracle NetSuite's platform consists of inventory management, financial management, point-of-sale, CRM and employee management software. Depending on the specifics of your business – such as the size of your company, its revenue and the modules you require – the price can vary greatly.
To get an accurate price estimate, you'll need to speak with an Oracle sales representative, who will prepare a custom quote for you based on your company size, industry and specific needs. Based on our research, the platform starts at approximately $99 per user per month plus a $999 monthly licensing fee. While this base price can be used as an estimate, your costs may vary significantly.
Oracle NetSuite may not be the best choice for small businesses with more basic accounting and bookkeeping needs. Midsize, scaling, large and international businesses are better positioned to benefit from Oracle NetSuite's ERP platform. If you're running a larger company, NetSuite's integrated ecosystem can save you time and money that would otherwise be spent acquiring and integrating a hodgepodge of software solutions from a variety of vendors.
Implementation and Onboarding
During our research into NetSuite, we found that onboarding isn't the simplest process. As with pricing, you will have to contact Oracle NetSuite's sales team for a free product tour. You can also view a variety of product-specific demos on NetSuite's website. However, unlike most of the other software packages that we examined, NetSuite does not offer a free trial.
Implementing NetSuite as a brand-new user likely won't be a walk in the park for most business owners. An entire cottage industry of consultants exists solely to assist businesses with implementing NetSuite and tailoring it to fit their needs. Although businesses that use NetSuite are generally larger and can probably absorb these extra costs, it's something to keep in mind for anyone considering NetSuite.
Oracle NetSuite provides extensive customer service for all of its software, including accounting systems. It also provides education services, where users can learn about the software they're using and get up to speed on any new features or versions of their products. These services come in the form of both documents and online classes.
Real-time support for industries, as well as individual users, is available 24/7. The chatbot on NetSuite's website can provide users with simple explanations or connect them with a customer service representative.
If you are a smaller business or on a tight budget, consider investing in a dedicated accounting software solution that can be integrated with your other systems and keep track of your finances.
With such a comprehensive set of features, Oracle NetSuite's major limitation is not so much the software itself. In our view, the drawbacks are the high price point and steep learning curve. Implementation is likely to take a very long time; it may take months, or even years, to fully master the software and its abilities. It is not the most user-friendly system, despite a very wide feature set. This means that Oracle NetSuite is not an appropriate choice for small businesses with limited resources, but it is a great choice for established businesses with lots of resources.
Small business owners with less complex needs might want to consider lower-priced alternatives for their accounting and bookkeeping needs. Aside from QuickBooks, our FreshBooks review found that software great for handling invoicing, while our review of Zoho Books revealed it to be a fantastic tool for automating processes.
Tip: Read our review of Xero to learn about an alternative software package that we believe is a solid fit for a growing business.
To generate our quantitative score and use case, we reviewed software features such as payment and invoicing capabilities, the number of integrations, mobile apps, report generation, supported user count, and customer service. We also assessed pricing and the availability of free trials. Sources of information included in this review were gleaned from the company's website and software demos. Additionally, we studied user reviews for independent opinions on the software's pros and cons. For ERP specifically, we focused on how the breadth of the product creates a unified system that will help businesses meet complex challenges.
What is Oracle NetSuite?
Oracle NetSuite is an ERP platform with numerous modules to manage financials, HR, inventory, supply chains and more.
Are NetSuite and Oracle the same company?
The Oracle Corporation acquired NetSuite in 2016; the software package is now formally known as Oracle NetSuite.
How much does Oracle NetSuite cost?
Potential customers will need to contact Oracle for a quote, although $99 per user per month plus a $999 monthly licensing fee is a ballpark figure.
We recommend Oracle NetSuite for …
Growing midsize or large businesses (or small businesses making that transition) that require a more powerful, all-in-one ERP solution.
Businesses with the resources to support Oracle NetSuite beyond its monthly costs, such as hiring consultants to assist with training and implementation.
We don't recommend Oracle NetSuite for …
Small businesses without the resources or budget to accommodate NetSuite.
Businesses that want to avoid the steep learning curve that comes with a complex but powerful solution such as NetSuite.
Mon, 25 Jul 2022 12:00:00 -0500entext/htmlhttps://www.business.com/reviews/oracle-netsuite/Killexams : Oracle payroll system causes underpayment of Next staff
Next has apologised to staff for underpaying them because of the retailer’s implementation of a payroll system provided by Oracle, according to The Sunday Times, which broke the story.
Payment problems reportedly emerged in February 2022, affecting employees paid on weekly and monthly cycles. They have been underpaid by as much as £200 a month, according to The Sunday Times.
The Guardian, which has also published the story, reported that Next “usually designs its own software, but has struggled to make Oracle’s software work with its own. Instead, it has been forced to assign a dedicated team to try to spot errors and pay the missing money to workers every week”.
Payroll is widely seen, among HR software market watchers, as the cinderella of the sector. It has not had the investment attention from suppliers as have comparatively “sexier” areas, such as talent management, recruitment and continuous learning.
As Computer Weekly has previously noted, about one-third of medium to large-sized organisations are using on-premise systems to automate their payroll processes, while 34% have moved to the cloud. And a 2019 survey of 251 UK HR and payroll managers in private sector companies with more than 1,000 staff, conducted by Censuswide, revealed that 52% were still using spreadsheets as part of their payroll process, while just over one-third relied on paper-based timesheets.
For user organisations, payroll software is an area of high anxiety. Employees do not appreciate not being paid, and care less if their employer’s continuous learning software module misfires.
One longstanding Oracle customer, which became the first public sector body to adopt the supplier’s suite of business applications in the cloud, is Lambeth Borough Council. Hamant Bharadia, assistant director of finance at Lambeth Council, recently told Computer Weekly that when the council was looking, in 2017, at moving its applications to the cloud, Oracle came out ahead of SAP in terms of breadth and depth of functionality, especially in relation to financials, while Workday was still in its infancy.
However, even with Oracle, payroll was not yet there in the cloud, and in the end, it was the last module to be implemented, in May 2018, while everything else went live in March of that year. The council also experienced an initial glitch with payroll, which affected some senior managers as well as rank-and-file staff. Out of about 3,500 employees, 350 were not paid on the day they should have been.
Oracle dealt with the glitch promptly, and everyone was paid within two days, said Bharadia in a wide-ranging, forthcoming interview about the modernisation of the council’s applications stack.
Oracle declined to comment on the Next story when contacted by Computer Weekly. Next has yet to respond.
Nigeria, among other African countries, is making giant stride in the area of technology innovation through cloud computing which is expected to unlock Africa’s potential, writes Emma Okonji
Digitalisation is permeating every industry with cloud computing rapidly becoming an essential component of business transformation in Nigeria and Africa. Powered by the energy so infused on the continent, there is a focus on consolidation and persistence as organisations drive digital transformation forward and Improve the quality of information and communications technology (ICT) services. The speed of development in each region of sub-Saharan Africa is astounding, with Nigeria, Kenya, South Africa and Rwanda making the waves in Africa. In the area of investment in Africa’s ICT development, Oracle has been present in Africa for the last 30 years and has been investing heavily in the continent from the very beginning. It is investing in the human capital across African countries where it does business in order to address the growing ICT skills gap in those regions.
Investment in African ICT
According to the International Data Corporation (IDC), overall spending on ICT in the Middle East, Turkey, and Africa (META) is set to grow 2.5 per cent year on year in 2019 to reach $213 billion. Group Vice President and Regional Managing Director for the META region, Jyoti Lalchandani, added that progressively more organisations experiment with emerging technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) to drive innovation and Improve their customer experience. He said the most important task facing the region’s decision makers is the development of an effective digital transformation platform that can sustain and scale business operations.
Chief Executive Officers (CEOs) and Chief Information Officers (CIOs) on the continent have the cloud at the centre of their digital transformation strategies, knowing very well that without automation they will either be out of business, or be steering an organisation with flawed reporting. The ability to harvest, store and sort big data is therefore a critical element of business competitiveness.
Vice President for sub-Saharan Africa at Oracle, Andrew Sordam, in a statement, said Oracle and other technology organisations operating in Africa are contributing meaningfully towards the roadmaps of innovation and transformation. “Organisations across the continent are embarking on innovative digital transformation initiatives which is incredibly exciting, being able to participate in projects that are driving the continent forward in ways we can only imagine.
ICT is a large contributor to African society, with mobile connectivity enabling many enterprises to reach their customers like never before. Mobile and digital capabilities have given companies across the board new tactical strategies, such as fintechs using artificial intelligence (AI) and machine learning to get a leg-up on traditional banks,” Sordam said. According to him, companies in Africa can emerge from a situation where they have had more rudimentary applications and business processes to where they have unleashed the power of cloud technologies which makes it easier and far more efficient to automate services.
Cloud technology as enabler
Business leaders in Africa are seeing first-hand how the cloud is an enabler for innovation. Although organisations are progressively seeing an increase in movement to the cloud, a smart bet would be on many organisations going the route of cloud at customer. Oracle Cloud at Customer is designed to enable organisations to remove one of the biggest obstacles to cloud adoption—data privacy concerns related to where the data is stored.
According to Sordam, “In our experience, while organisations are eager to move their enterprise workloads to the public cloud, many have been constrained by business, legislative and regulatory requirements that have prevented them from being able to adopt the technology. Oracle Cloud at Customer provides organisations with choice regarding where their data and applications reside and a natural path to eventually, and easily, move business critical applications to the public cloud.
“On the continent there is no illusion about the importance of putting in place foundational infrastructure, and various industries are consolidating in order to tap into the power of automation, AI, machine learning and more. A traditional brick-and-mortar operation can transform into a customer-focussed, smart, reactive, relevant enterprise.”
He said Kenya Revenue Authority (KRA) partnered Oracle in order to solve problems that had hampered the country’s revenue collection.
“A cumbersome and painful tax filing system meant the compliance rate was terribly low. The KRA’s vision is commitment to the concept of customer centricity. The implementation and rollout of iTax powered by Oracle Service Cloud, Policy Automation, Social Cloud and Marketing Cloud has brought the authority that much closer to achieving this. The end result is collecting more revenue to drive the development of the country, while also empowering its staff to serve customers in a digital era,” Sordam added.
Addressing skills shortage
Sordam is of the view that digital transformation meant there was need for a coordinated approach to addressing the skills shortage as well as the risks that technological disruption is causing, such as cybersecurity.
“We have put in place numerous initiatives to help address this challenge, with programmes across sub-Saharan Africa, including Kenya, Nigeria, South Africa and more. In 2017, Oracle Academy and The Global Peace Foundation of Kenya signed an agreement that will allow Oracle academy to support 24 public high schools in Kenya. As part of this, Oracle will train 180 teachers over three years to start teaching the Oracle Academy Java and Database courses. Driving the focus towards closing the skills gap is vital for big technology companies such as Oracle,” he said.
Similarly in Nigeria, Oracle Academy has announced a partnership with the Federal Ministry of Education, where the ministry will introduce the Oracle Academy computer science curriculum across 10,000 academic institutions, reaching 1.5 million students. To complement this, the Academy will facilitate the upskilling of 4,000 educators. “In South Africa, our Oracle Graduate Leadership Programme, launched in 2014, helps youth develop specialised Information Technology (IT) skills required to succeed in the fourth industrial revolution. The programme has delivered eighty-four graduates to date and creates a future skills pipeline for Oracle and its partner community in the region,” he said.
Cloud on ground
Optimistic about how cloud on ground technology can unlock Africa’s potential and technology innovation, the Managing Director, Rack Centre, Mr. Tunde Coker, at a exact technology event in Lagos, explained that investment in cloud on ground, which is an acronym for easy access to ubiquitous cloud, would enhance the chances of unlocking Africa’s technology innovation, especially among technology start-ups.
“We have sufficient collocation facilities and capacities and we will be delighted to collocate the telecoms operators on our cloud on ground facilities. What we need do is to expand the capacity to accommodate colocation of telcos. We are carrier neutral and any telco could come to our centre to collocate. Our facility do not encourage competition among the telcos who will want to collocate on our facilities. Rather than the telcos building data expansion facilities, they can actually collocate on our facilities, bearing in mind that they will not need to worry about the challenges of connectivity and colocation, and this will help them focus on their core business. We have the facilities that will make telcos to expand and operate more efficiently,” Coker said.
Speaking on the importance of cloud on ground, Coker said the technology is a dedicated facility that offers cloud services to customers.
“With cloud on ground, we are fully ready to host data of various organisations in our facilities, delivering services at the right pricing with better quality performance, because our services offer very little latency period.
“We have millions of SMEs and technology start-ups in the country and what we are bringing with cloud on ground is to develop SMEs and start-ups and grow their services in Nigeria. Our cloud on ground allows small businesses to pay as they grow, without the need to buy the entire bundle from the beginning of the business. Cloud on ground gives international and local player the confidence to host their data within Nigeria, without any cause for concern. It gives access to international business and local service delivery. So the key factor for cloud on ground is that the data must be hosted in Nigeria at the Rack Centre facilities,” Coker said.
Cloud for improved security
Discussing cloud as a technology for improved security, efficiency and regulatory compliance, the Managing Director Oracle Nigeria, Mr. Adebayo Sanni, said organisations are struggling to cope with the increasing sophistication of today’s threat landscape. Zero-day exploits are on the rise and insider attacks are becoming increasingly prevalent, requiring more refined analysis and real-time remediation.
He, however, said the new cloud technology can ingest massive amounts of operational and security telemetry, analyse it in real time using purpose-built machine learning and react to findings using automation.
Sanni said Oracle and KPMG recently published the Cloud Threat Report; a report that explores from the depth of the trenches what security challenges are being faced across the globe; how they are responding to these security challenges and what technology solutions are enabling them to resolve these threats.
In addressing cybersecurity challenges, Sanni said data breaches that result in confidential data being compromised, whether it is just released to the general public or used for more malicious purposes, have become almost a daily occurrence, making cybersecurity a non-negotiable for organisations. This includes both educational awareness and the necessary hardware or software tools.
According to him, the increasing complexity of emerging technologies and advances in hacking practices mean that enterprises and their legacy networks, often built with kit bought from multiple vendors at the cheapest price at auction, by a procurement team over the years, are no longer safe.
“Companies are responding through several ways, including hiring CEOs who come from the cybersecurity space, as they know how to manage risk, and speeding up their migration to the cloud – with mature users understanding that cloud computing provides better security than on-premise environments.
He said in addition to the right to access, right to erasure and data portability, one of the key legislative requirements of various data privacy laws, is to be able to provide any individual with every piece of data an organisation holds on them, including all data records and any activity logs that may be stored. This, he said, places the focus firmly on good data management, with the benefits being increased security and operational efficiency, to improved customer service.
“By turning to cloud computing at the infrastructure, platform and software level, businesses gain the ability to extract, collate and analyse data at incredible volumes and speed, even from across previously disparate systems, to ensure compliance.
“In a growing number of countries, data privacy regulation now stipulates where data must be stored, presenting organisations that want to use public cloud services with a challenge. However, the availability of innovative managed on-premise solutions now allows customers to move their workloads to the cloud while keeping critical information and applications within their own data centres,” Sanni said.
In the areas of education and automation, Sanni explained that with security at the core of a modern organisation, good governance for managing systems and people effectively is critical; strong authentication and encryption becomes a necessity. Backup, archiving and storage helps to further protect against ransomware, and mobile device management becomes an instrumental means of controlling information at the edge. According to him, if all these are effectively adhered to, Nigeria and the rest of Africa, would be better positioned to unlock technology innovation, using cloud computing, while insisting that by 2025, 80 per cent of cloud operations risk will deliver way entirely, and a higher degree of intelligent automation will permeate the cloud platform.
Wed, 03 Aug 2022 11:59:00 -0500en-UStext/htmlhttps://www.thisdaylive.com/index.php/2019/02/21/unlocking-africas-tech-innovation-via-cloud-computing/Killexams : Oracle Reinforces Commitment to France by Opening a Second Cloud RegionOracle Reinforces Commitment to France by Opening a Second Cloud Region
AUSTIN, Texas and COLOMBES, France, June 20, 2022
Oracle's new Paris region brings its total number of cloud regions to 38 worldwide
Public and private organizations benefit from Oracle Cloud Infrastructure's price-performance, built-in security, and disaster recovery capabilities
Oracle now operates nine European cloud regions that run on 100 percent renewable energy
AUSTIN, Texas and COLOMBES, France, June 20, 2022 /PRNewswire/ -- Oracle today announced the opening of a second cloud region in France to deliver public cloud services to help businesses modernize their operations. In addition to the Oracle Cloud Marseille region, the new region in La Courneuve, Paris will deliver Oracle's European customers and partners access to a vast cloud services portfolio with built-in security, disaster recovery, and industry-leading price-performance. Oracle's unique dual-region cloud strategy enables French customers to deploy resilient applications in multiple geographical locations in-country.
"Organizations have reached a critical milestone in how they deploy data for strategic planning and operations," said Christophe Negrier, general manager, Oracle France. "Oracle is helping customers realize their cloud-first strategy to grow faster, become more sustainable, and increase their security posture with Oracle's two cloud regions in France and 38 cloud regions worldwide."
The new Paris region expands Oracle Cloud's extensive European presence, which already includes more than 10 cloud regions with Marseille, Frankfurt, London, Zürich, Amsterdam, Milan, Stockholm, and Newport (Wales) already live, and the Madrid region is due to come online this year. All Oracle Cloud Infrastructure (OCI) services are available in the Oracle Cloud Paris region to support regulatory compliance requirements, which are especially critical in banking and the public sector. Available services include Oracle Autonomous Database, Oracle Container Engine for Kubernetes, and Oracle Cloud VMware Solution.
Sustainable Cloud Operations to Run Businesses at Lower Costs with Less Energy Use Several Oracle Cloud regions, including regions in North America, South America, and – with the addition of Paris – nine regions in Europe, are powered by 100 percent renewable energy. Oracle is committed to sustainability and has pledged to power all Oracle Cloud regions worldwide (as well as its offices) with 100 percent renewable energy by 2025. All Oracle Cloud regions already use state-of-the-art energy management and cooling technologies to minimize their impact on the environment. As part of its renewable energy clean Cloud initiative, Oracle reused or recycled 99.6 percent of its retired hardware in FY'21 while strictly adhering to Oracle's data privacy and security practices.
The Multi-Cloud Opportunity to Achieve the Best-in-Class Technology Across Clouds OCI's extensive network of more than 70 regional and global FastConnect partners provides customers with dedicated connectivity to Oracle cloud regions and OCI services, giving them the best options globally. FastConnect is an easy, flexible, and cost-effective way to create a dedicated, private network connection with higher bandwidth, lower latency, and more consistent performance than public Internet connections. Partners available at launch for the Oracle Cloud Paris region are Orange, Colt, and Equinix.
In addition, Oracle and Microsoft have established a strategic partnership that allows joint customers to run workloads across OCI and Microsoft Azure. The partnership offers a low latency, cross-cloud interconnection between OCI and Azure in 11 regions (Ashburn, Toronto, London, Amsterdam, Tokyo, San Jose, Phoenix, Vinhedo, Seoul, Singapore, and Frankfurt), a federated identity for joint customers deploying applications in both clouds, and a collaborative support model. This enables customers to run full-stack applications in a multi-cloud configuration, while maintaining high performance connectivity that doesn't require another architecture. Customers can also migrate existing applications or develop cloud native applications that use a combination of OCI and Azure services.
Customers, Partners, and Analysts Applaud the New Oracle Cloud Paris Region
Jacques Orsini, deputy director SNCF - e.SNCF Solutions, said: "SNCF is delighted that Oracle, one of its technology partners, is continuing to invest in France."
Laurent Breugnot, head of infrastructure and security, Louvre Hotels Group, said:
"Having the opportunity to host our data in the Paris region, while continuing to benefit from OCI's services and features, offers us huge potential."
Cyril Charpentier, infrastructure department director, Galeries Lafayette, said:
"Oracle's investment in Paris and Marseille will help us redesign our performance infrastructure in France. The Oracle Cloud services in France will also help us meet our customer data compliance policies."
Francois Delys, head of data and IT service delivery, Poclain Hydraulics Industrie, said: "The opening of the Paris region provides us with disaster recovery in France, with a data center near Poclain's headquarters that will ensure excellent latency, and a site in Marseille that will duplicate the infrastructure.
"This opportunity is the perfect fit with our plan to adopt Oracle Cloud services as a replacement for on-premises components. With today's ongoing security challenges, we are looking to outsource certain services that will enhance the agility of the Poclain group."
Cedric Allain, chief information officer, Nasco, said: "Nasco's DNA is to always be close to its customers. Meeting this commitment, we've deployed a part of our infrastructure in Marseille and a second portion in Jeddah, Saudi Arabia. The growth of the Oracle Cloud region footprint, and in particular the arrival of the Paris region, will enable us to strengthen our commitment to our local customers and our partnership with Oracle."
Christophe Moison, CEO and co-founder, Coqliqo, said: "The opening of the new Oracle Cloud Paris Region is very good news, offering new technology choices and additional options for where our data is located. Business continuity is critical for our customers, and this new region will help support our disaster recovery strategy."
Nicolas Gelly, technical director, Virage Group, said: "At Virage Group, a software company operating in project portfolio management, the availability of our services is critical for our customers, and the new Paris region will help us strengthen our disaster recovery processes. The arrival of a second Oracle Cloud region in Paris reinforces our choice and opens up new perspectives. The geographical proximity is a benefit, as we prioritize enhancing performance and meeting our customers' requirements in terms of data localization."
Frederic Malicki, chief technology officer, Southern Europe, Atos, said: "The opening of a second region in Paris is great news and demonstrates Oracle's commitment to Europe. This new cloud region will allow our clients to deploy more use cases and accelerate their move to the cloud, leveraging the Atos One Cloud portfolio."
Philippe Montmartin, managing director, Oracle Business Group lead, France & Benelux, Accenture, said: "We are delighted to see Oracle open a new cloud region in France, particularly in Paris. In addition to the unmatched performance of Oracle Database and the elasticity and security of Oracle's next-generation cloud, Accenture offers a differentiated set of services and consulting expertise to support our clients in their digital acceleration with Oracle technologies."
Eugene Ebara, Oracle Cloud Leader, Cloud Center of Excellence, Capgemini – South Central Europe, said: "In late 2021, Sergio Werner, head of South Central Europe Cloud Center of Excellence, Capgemini, took part in the launch of Oracle's first Cloud region in Marseille, France. And today, we are very excited about the opening of a second datacenter in France in the Paris region. I am delighted to be able to offer our customers and prospects a broader range of services, including the implementation of data recovery across two national datacenters. I look forward to helping Oracle's teams in France leverage the best of Oracle Cloud Infrastructure."
Raphael Sanchez, chief operating officer, Kyndryl France, said: "Kyndryl welcomes the opening of a new Oracle Cloud Paris region. This is a new opportunity to address the specific needs of certain customers, and it's another step in Kyndryl's strategy to support its customers in hybrid and multicloud management – in collaboration with Oracle."
Rahiel Nasir, associate research director, European Cloud, IDC, said: "IDC Research shows that most organizations in Europe expect a full portfolio of services from a regional data center run by a global cloud provider. Meeting issues of regulatory compliance is the top reason why organizations choose local, as opposed to global, cloud providers. The latter can gain the edge over their local counterparts by not only offering a full line-up of sophisticated services, but also by making sure they comply with EU data rules and regulations. In addition, customers also expect them to offer a lower cost of services as well as local support from their data centers."
Roy IIIsey, chief analyst, Omdia, said: "Data sovereignty is becoming a critical aspect of enterprise decision makers' strategic planning – in fact, Omdia's IT Enterprise Insights survey found globally 20 percent of enterprises put security, identity, and privacy as the top IT trend in 2022, and this number increased to nearly 25 percent in France. As Oracle built its next-generation cloud infrastructure with 'security by-design,' OCI's solutions resonate perfectly with these companies' priorities. Moreover, the opening of a second cloud region in France, especially in Paris, will offer the opportunity for more French businesses to manage their data locally."
Oracle Cloud's Expanding Global Footprint As part of Oracle's planned expansion of its cloud region footprint to support strong customer demand for Oracle Cloud services worldwide, Oracle will open additional cloud regions in Spain, Mexico, Colombia, Chile, and Israel, and plans to offer at least 44 cloud regions by the end of 2022.
Currently available Oracle Cloud regions:
Asia Pacific: Tokyo (Japan), Osaka (Japan), Seoul (South Korea), Chuncheon (South Korea), Mumbai (India), Hyderabad (India), Sydney (Australia), Melbourne (Australia), Singapore (Singapore)
Americas: San Jose (United States), Phoenix (United States), Ashburn (United States), Toronto (Canada), Montreal (Canada), São Paolo (Brazil), Vinhedo (Brazil), Santiago (Chile)
Europe: Frankfurt (Germany), London (United Kingdom), Newport, Wales (United Kingdom), Zürich (Switzerland), Amsterdam (The Netherlands), Marseille (France), Stockholm (Sweden), Milan (Italy), La Courneuve, Paris (France)
Middle East: Jeddah (Saudi Arabia), Abu Dhabi and Dubai (U.A.E), Jerusalem (Israel)
Africa: Johannesburg (South Africa)
Government: Two general U.S. Government regions, and U.S. National Security regions, three U.S. Department of Defense specific Government regions, two in the United Kingdom (London and Newport, Wales)
About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
Mon, 20 Jun 2022 00:22:00 -0500entext/htmlhttps://www.morningstar.com/news/pr-newswire/20220620sf93409/oracle-reinforces-commitment-to-france-by-opening-a-second-cloud-regionKillexams : Accelalpha and Frontera Consulting Merge Forces to Create Powerful Global Oracle Cloud Applications Consulting Company
Accelalpha, a portfolio company of Century Park Capital Partners, announced today that is has completed the acquisition of Frontera Consulting, a leader in implementation and management of Oracle Cloud applications. The combination expands the geographic reach of both firms' consulting services and managed services, while broadening their solution delivery capabilities and industry expertise.
Founded in 2008, Frontera was one of the first Oracle Partners to focus on Oracle Cloud applications, implementing the first ever Fusion Financials client in North America. Since then, Frontera has developed capabilities and certifications in ERP, EPM, PPM, HCM, and SCM, as well as Oracle Integration Cloud. Frontera has grown to develop deep expertise and a strong reputation within the Financial Services, Professional Services, Public Sector, Telecommunications, and Media & Entertainment industry verticals and has a strong presence in the U.S. and U.K.
The Frontera transaction marks the seventh acquisition by Century Park in the Technology Services sector and the fourth acquisition for Accelalpha. Tony Trevino, Principal at Century Park Capital Partners, commented, "We're delighted to join forces with the Frontera team as we continue to expand our geographic reach and capabilities around mission critical applications for our enterprise customer base. We look forward to seeing what Frontera and Accelalpha can accomplish together."
Kevin Beyer, Managing Partner at Frontera, will continue to lead the Frontera operating unit within the Accelalpha family. Beyer said, "The combined organization of Frontera and Accelalpha creates a leading global consulting service provider with the ability to deliver a broader set of Oracle Cloud solutions and a depth of targeted industry knowledge. The two companies are an outstanding fit, geographically, technically, and culturally."
Nat Ganesh, Accelalpha CEO, concluded, "I have admired Frontera's capabilities and reputation for a long time and we are excited to finally join forces with a great organization. The combination of Accelalpha and Frontera will bolster our market leadership as an organization that can implement, integrate, and manage all of the Oracle Cloud applications end-to-end to deliver comprehensive digital transformation solutions for our clients across the globe."
Accelalpha is a leader in solving critical business challenges through a unique combination of industry insight, technology depth, and a world-class team with an unmatched level of experience and domain expertise. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain, and realize benefits of the cloud. Our rigorous, result-oriented approach to developing solutions allows us to deliver tangible results in a shorter time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work. For more information on Accelalpha, please visit www.accelalpha.com.
Frontera Consulting is a leading provider of business and technology consulting services to global organizations. Collaborating closely with our clients, we create transformational solutions to meet business needs and drive performance. Our mission is to create long-lasting value for our clients through the innovative use of technology and process expertise, earning the role of trusted advisor. Frontera is headquartered in New York, with operations in London and Hong Kong, and a development center in India. For more information on Frontera, please visit www.fronteraconsulting.net.
About Century Park:
Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage our C-level executive partners ("Century Leaders") in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. We further support our investments with proven operational and best practice initiatives, led by our Operating Team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, please visit www.centuryparkcapital.com.
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Thu, 04 Aug 2022 06:41:00 -0500text/htmlhttps://www.benzinga.com/pressreleases/22/08/b28361885/accelalpha-and-frontera-consulting-merge-forces-to-create-powerful-global-oracle-cloud-applicationKillexams : Oracle selects Redington as Value Added Distributor for India