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1Z0-1050 Oracle Payroll Cloud 2019 Implementation Essentials

Exam Title: Oracle Payroll Cloud 2019 Implementation Essentials
Exam Number: 1Z0-1050
Format: Multiple Choice
Duration: 120 Minutes
Number of Questions: 74
Passing Score: 64%

Payroll Concepts
Describe cloud Human Resources and the cloud payroll person models
Describe legislative data groups
Describe payroll statutory units
Create payroll users and roles
Earnings and Deduction Definitions
Create an earnings or deduction element
Explain the behavior of an element
Create element entry business rules
Configure an absence element
Add eligibility rules for an element
Create rules for retroactive changes
Payroll Costing Rules
Describe the levels of a costing hierarchy
Set up a payroll cost allocation flexfield
Configure various types of costing
Perform a transfer to subledger accounting and a posting to GL
Payroll Flows
Copy a flow pattern
Edit a flow pattern
Define parameters for tasks within a flow pattern
Submit a payroll flow
Payroll and Balance Definitions
Configure a payroll definition
Configure a balance definition
Edit payment dates
Payroll Payment Details
Add company payment details
Explain how to configure a payslip report
Add third-party payment details
Employee Level Payroll Information
Add a standard earnings entry earning or deduction to an employee
Add bank account details for an employee
Enter payroll frequency details for an employee
Manage absences for an employee
Explain how to initialize payroll balances
Manage costing for a person
Calculate, Validate and Correct Payroll Processes
Describe the Payroll Checklist
Verify the results of a payroll run
Correct the payroll run details for an employee
Submit and verify the results of the payment process
Confirm the status of the payroll flow
Verify the results of the costing process
Describe how to reconcile the payroll

Oracle Payroll Cloud 2019 Implementation Essentials
Oracle Implementation mission
Killexams : Oracle Implementation mission - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-1050 Search results Killexams : Oracle Implementation mission - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-1050 https://killexams.com/exam_list/Oracle Killexams : Accelalpha and Frontera Consulting Partners 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.”

Also Read: Artificial Intelligence: Strategies to Leverage it to Stay Competitive

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.”

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.

Fri, 05 Aug 2022 00:41:00 -0500 en-US text/html https://enterprisetalk.com/news/accelalpha-and-frontera-consulting-partners-to-create-powerful-global-oracle-cloud-applications-consulting-company/
Killexams : Oracle begins layoffs in the US No result found, try new keyword!The layoffs, first reported by The Information, come a month after the publication revealed that Oracle planned $1 billion in cost savings, with mass layoffs around the world. This round targets ... Mon, 01 Aug 2022 10:55:00 -0500 en-US text/html https://www.datacenterdynamics.com/en/news/oracle-begins-layoffs-in-the-us/ Killexams : Vodafone – The Journey From ‘Telco To TechCo’ With Help From Oracle Cloud

Vodafone is on a quest to pivot from being “just a Telco” to a “TechCo." The strategy includes revamping operations to reduce costs; digitally transforming the customer experience and service development processes; and developing a differentiated value proposition that leverages 5G, IoT, and edge investments and capabilities.

The company recently split the network infrastructure from digital functions with two closely aligned leaders. The reorganization sees Scott Petty step up to the group level to lead digital and IT operations, making him the critical leader in executing the plan to transform Vodafone into a cloud-first, data-driven 'TechCo”.

Before you stop studying and move on to the following article because you are not in the telecommunications business – let me say that the Vodafone challenge is not unique. I would say that this story applies to any company with discerning customers who have a choice. Please read on if you must continuously evolve customer-facing applications and content to retain customer loyalty.

The front-end and back-end – mind the gap!

We know the front-end is what the users can see while the back-end is the infrastructure that supports it - both need to be in perfect harmony. In the Telco world, the back-end is the “crown jewels," namely the operations support system (OSS), which maintains network operations, and the business support system (BSS), which covers order capture, and customer relationship management (CRM) and billing.

Both front-end and back-end functions are strongly intertwined. When consumer applications change every week, and the back-end is updated every quarter, the "gap" will eventually impact the ability to execute.

As Vodafone built more complex e-commerce applications on the front-end, the need increased for the same cloud capability from the core transactional systems (high-transaction BSS/OSS apps). Vodafone considered several options, including upgrading technology in-situ, building a private cloud platform, or using other third-party clouds.

But, moving transactional systems wholesale to the public cloud is costly and complex, with the risk of performance and latency issues associated with maintaining those systems, which need to remain on-premises for legal or compliance reasons.

Oracle was unique because it offered to build a complete public cloud capability in the Vodafone data centers. Vodafone was able to take a more flexible approach to modernize and migrate the mission-critical systems— the most data-intensive/demanding or too costly/risky to move wholesale to the public cloud.

Way too many databases!

How many databases are too many? Vodafone has fifteen thousand (not a typo) and eight thousand associated applications. Vodafone will be deploying Oracle Dedicated Region Cloud@Customer to modernize those thousands of Oracle databases that support its mission-critical transactional OSS and BSS systems—including core functions like order management and CRM. This task could take several years to complete.

Oracle Dedicated Region Cloud@Customer is a complete OCI cloud deployed in the data center, providing a secure cloud platform to modernize existing infrastructure while retaining full control of data governance, meeting demanding data residency and security regulations.

Vodafone envisages a world in which half of the applications run in Amazon Web Services or Google Cloud and the other half run on the Oracle Cloud. The mix is likely to change over time. The work to modernize the “crown jewel” applications onto the Oracle Cloud might cause application ecosystems to move from AWS onto Oracle Cloud because it would be a more natural fit.

Pivot from running technology to building new services

Vodafone has embraced Oracle Cloud Infrastructure (OCI) in a big way, consolidating forty data centers that run core services for its entire European operations (13 countries) into three locations (Ireland, Italy, and Germany) running on OCI.

The Oracle implementation is a critical pillar in the pivot from ‘Telco to TechCo,’ providing the foundation for a common platform across the Vodafone Group. It will allow rationalization and consolidation of the IT estate while leveraging the cloud as a more efficient way of delivering and scaling new communications services.

Vodafone expects to significantly cut costs across operations and accelerate the development and time to market for new services. The Oracle platform will also bring automation to IT operations, enabling more IT staff to focus on the digital experience and the use of data to drive better customer experiences.

Ultimately, the end game is to redirect the IT organization away from building, integrating, and running technology to provide customers with new services and a better digital experience.

As an example, Oracle Autonomous Database is now a feature of OCI. Oracle Autonomous Database is a cloud database that uses artificial intelligence (AI) and machine learning (ML) to automate database tuning, security, backups, updates, and other routine management tasks without human intervention. Database administrators (DBAs) can now focus on more critical tasks, such as data aggregation, modeling, processing, governance strategies, and supporting developers.

One unique, differentiated example is that the Autonomous Database is serverless and elastic. When an application is not running on the Oracle Cloud, there are no CPUs dedicated hence no charges. Additionally, it is instantaneously elastic, increasing or decreasing servers and cores as needed while the database is still running.

Quickly monetizing IoT services

The long-awaited convergence of the network with the cloud, IoT, and MEC will become the foundation for new service offerings. With expertise in IoT, MEC, and 5g, Vodafone is well-positioned to offer new scalable next-generation digital services.

OCI offers integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain, and Manufacturing, plus Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database.

Vodafone is already monetizing IoT services using Oracle Communications Billing and Revenue Management (BRM) which runs on OCI. For example, sensors in connected vehicles can enable services such as GPS map updates or infotainment, charged on a subscription or consumption basis. The solution runs on the high-performance OCI Container Engine for Kubernetes and is automated with OCI Resource Manager and Terraform across multiple Oracle Cloud Regions. Today it is no longer about connecting IoT devices but providing complete solutions for customers.

The 5G wireless broadband expansion promises an exciting future.

For example, virtual reality applications will power high-tech glasses that give instructions to workers in complex fields such as airplane maintenance.

As Vodafone takes advantage of 5G, architectural agility will be essential to monetize next-generation services quickly and efficiently. Oracle's Billing and Revenue Management solution is well-positioned to support emerging 5G-enabled use cases with its cloud-native compliant, microservices-based architecture framework.

Wrapping up

Regular readers will know I have become impressed with Oracle's Cloud Infrastructure (OCI) and have written several articles. That was not always the case. I was critical of Oracle Cloud V1.0, but Oracle’s Generation 2 Cloud is an entirely new infrastructure developed from the ground up with no resemblance to its predecessor. The design goals were better performance, pricing, and—above all else—security. Oracle Cloud V2 is a significant improvement and more competitive.

As a long-time Oracle observer, I think it is incredible how the story around OCI is starting to resonate with customers. OCI as a single platform offering IaaS, PaaS, SaaS, and data as a service (DaaS) capabilities is not that sexy. But, combined with technologies such as Oracle Autonomous Database, Oracle Autonomous Data Warehouse, and Oracle Autonomous Transaction Processing, the result is a platform capable of handling large, data-intensive workloads with better security. For organizations like Vodafone transitioning from on-premises data centers to the cloud, OCI is an ideal solution.

Note: Moor Insights & Strategy writers and editors may have contributed to this article.

Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, and speaking sponsorships. The company has had or currently has paid business relationships with 8×8, Accenture, A10 Networks, Advanced Micro Devices, Amazon, Amazon Web Services, Ambient Scientific, Anuta Networks, Applied Brain Research, Applied Micro, Apstra, Arm, Aruba Networks (now HPE), Atom Computing, AT&T, Aura, Automation Anywhere, AWS, A-10 Strategies, Bitfusion, Blaize, Box, Broadcom, C3.AI, Calix, Campfire, Cisco Systems, Clear Software, Cloudera, Clumio, Cognitive Systems, CompuCom, Cradlepoint, CyberArk, Dell, Dell EMC, Dell Technologies, Diablo Technologies, Dialogue Group, Digital Optics, Dreamium Labs, D-Wave, Echelon, Ericsson, Extreme Networks, Five9, Flex, Foundries.io, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud, Graphcore, Groq, Hiregenics, Hotwire Global, HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM, Infinidat, Infosys, Inseego, IonQ, IonVR, Inseego, Infosys, Infiot, Intel, Interdigital, Jabil Circuit, Keysight, Konica Minolta, Lattice Semiconductor, Lenovo, Linux Foundation, Lightbits Labs, LogicMonitor, Luminar, MapBox, Marvell Technology, Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco), Merck KGaA, Mesophere, Micron Technology, Microsoft, MiTEL, Mojo Networks, MongoDB, MulteFire Alliance, National Instruments, Neat, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek, Novumind, NVIDIA, Nutanix, Nuvia (now Qualcomm), onsemi, ONUG, OpenStack Foundation, Oracle, Palo Alto Networks, Panasas, Peraso, Pexip, Pixelworks, Plume Design, PlusAI, Poly (formerly Plantronics), Portworx, Pure Storage, Qualcomm, Quantinuum, Rackspace, Rambus, Rayvolt E-Bikes, Red Hat, Renesas, Residio, Samsung Electronics, Samsung Semi, SAP, SAS, Scale Computing, Schneider Electric, SiFive, Silver Peak (now Aruba-HPE), SkyWorks, SONY Optical Storage, Splunk, Springpath (now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, Telesign,TE Connectivity, TensTorrent, Tobii Technology, Teradata,T-Mobile, Treasure Data, Twitter, Unity Technologies, UiPath, Verizon Communications, VAST Data, Ventana Micro Systems, Vidyo, VMware, Wave Computing, Wellsmith, Xilinx, Zayo, Zebra, Zededa, Zendesk, Zoho, Zoom, and Zscaler. Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is an investor in dMY Technology Group Inc. VI, Dreamium Labs, Groq, Luminar Technologies, MemryX, and Movandi.

Mon, 11 Jul 2022 12:01:00 -0500 Patrick Moorhead en text/html https://www.forbes.com/sites/patrickmoorhead/2022/07/12/vodafone--the-journey-from-telco-to-techco-with-help-from-oracle-cloud/
Killexams : Oracle reportedly implements layoffs as part of cost-cutting initiative

Oracle Corp. is laying off some employees in the San Francisco Bay Area and at its customer experience software division, according to two reports published today.

The Information today cited a source with knowledge of the matter as saying that Oracle has already begun laying off employees in the Bay Area. Separately, Bloomberg reported that the company is cutting jobs at its customer experience division. The division makes software that helps enterprises with tasks such as delivering personalized promotions to online shoppers.

Limited information is available about the scope of the layoffs. However, a source told Bloomberg that multiple juniper sales employees and a division sales director were among those let go at the company’s customer experience software business.

The timing of the layoffs aligns with a report published by The Information in July. At the time, the publication cited a source as saying that Oracle may move to cut jobs in August. It’s believed that the company could lay off thousands of employees in the coming months as part of an effort to reduce its costs by up to $1 billion.

The move is expected to affect Oracle workers in the U.S., Canada, India and Europe. It was also reported in July that business units focused on marketing Oracle’s customer service and e-commerce software products could be especially affected.

Oracle had 143,000 employees as of March 31, according to Reuters.

Oracle is the latest in a series of tech companies to have laid off employees since the start of the year. Dozens of startups, including some in the enterprise software segment, have announced plans to reduce their workforces in exact months. Microsoft Corp., Google LLC and Apple Inc., in turn, are scaling back their recruiting efforts.

Microsoft also made a “small number of role eliminations” last  month. The layoffs reportedly affected less than 1% of the company’s 180,000-person workforce  

Although Oracle is reducing spending in some areas, the company continues to experience growth across multiple key business units. Oracle’s cloud infrastructure division, a core element of its long-term growth plans, logged a 36% year-over-year sales increase last quarter. Furthermore, the revenue that the company generated from its managed enterprise resource planning platforms jumped as well. 

Thanks to the momentum of its cloud business, Oracle managed to surpass revenue and profit expectations last quarter. The company is building additional data centers to support the cloud business’ growth. Oracle’s growth strategy also prioritizes the healthcare sector, where the company significantly expanded its presence last year by acquiring healthcare technology provider Cerner Corp. in a deal valued at about $28.3 billion.

Photo: Oracle

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Mon, 01 Aug 2022 10:40:00 -0500 en-US text/html https://siliconangle.com/2022/08/01/oracle-reportedly-implements-layoffs-part-cost-cutting-initiative/
Killexams : Kyndryl Partners with Oracle to Accelerate Cloud Services Delivery

Kyndryl, an IT infrastructure services provider, is partnering with Oracle to help customers accelerate their journey to the cloud by delivering managed cloud solutions to enterprises around the world.

As part of the alliance, Kyndryl will become a key delivery partner for Oracle Cloud Infrastructure (OCI), expanding upon its deep experience of working with and supporting customers using Oracle products and services.

“We are pleased to expand our collaboration with Oracle and will work to help customers modernize applications and workloads to accelerate and succeed on their journey to the cloud,” said Stephen Leonard, global alliances and partnerships leader, Kyndryl. “The combination of Kyndryl managed services and Oracle Cloud Infrastructure provides a versatile and efficient foundation for companies to confidently move, build and run their mission-critical IT operations in the cloud.”

With OCI, customers benefit from best-in-class security capability, consistent high performance, simple predictable pricing, and the tools and expertise needed to bring enterprise workloads to cloud quickly and efficiently, according to the vendors.

In addition, Kyndryl will leverage its participation in Oracle PartnerNetwork (OPN) to extend the reach of its global cloud services delivery capabilities across the network.

Kyndryl plans to offer a wide range of new services that leverage Oracle technologies to help companies modernize and move their applications and databases to the cloud. The solutions will be supported by Kyndryl’s advisory and implementation services that are backed by thousands of experienced consultants globally who help customers to unlock the potential of their cloud-enabled IT transformation projects.

Kyndryl also intends to create customer solutions in the areas of data modernization and governance, AI-driven innovations for industries, cyber security and resiliency, and transformation of mission-critical workloads to the cloud.

Additionally, Kyndryl will support Oracle Cloud@Customer and Oracle Exadata offerings with IT infrastructure services to assist customers with consolidating databases, lowering administration costs, and improving uptime.

As a licensed reseller of Oracle software, Kyndryl provides its managed services expertise and delivers a cohesive turnkey solution to customers.

“Enterprises are feeling intense pressure to modernize their businesses rapidly while maintaining the continuity of mission-critical operations,” said Doug Smith, senior vice president, strategic partnerships, Oracle. “The combination of Kyndryl’s expertise and Oracle Cloud Infrastructure empowers these organizations to realize their desired business outcomes from the latest technological innovations. Through this partnership, we will expand our reach, helping more customers around the world move critical workloads to the cloud.”

To further Kyndryl’s OCI expertise and skills in support of the partnership, Kyndryl has established a global competency center and devoted resources to expand and increase Oracle Cloud certifications across Kyndryl’s managed services team.

Kyndryl is positioned and registered with the Oracle Partner Network in 53 countries, enabling global service delivery. As an Oracle partner, Kyndryl will focus on cross-industry services to help customers modernize their applications and databases for the cloud. Key areas of focus for the services include:

  • Resiliency and Disaster Recovery options, such as zero latency data loss recovery appliances and security services for Oracle Cloud Infrastructure.
  • Network and Edge computing capabilities that leverage Oracle data center reach using Oracle’s Roving Edge Infrastructure and Kyndryl Managed Services.
  • Data analytics services enabled by Kyndryl’s IT specific applied AI.
  • Advanced database consolidation and migration of on-prem ERP software to OCI.

For more information about the Kyndryl and Oracle partnership, visit https://www.kyndryl.com/us/en/about-us/alliances.


Wed, 06 Jul 2022 01:00:00 -0500 en text/html https://www.dbta.com/Editorial/News-Flashes/Kyndryl-Partners-with-Oracle-to-Accelerate-Cloud-Services-Delivery-153719.aspx
Killexams : ISG to Publish Reports on Oracle Ecosystem Partners

ISG to Publish Reports on Oracle Ecosystem Partners

Upcoming ISG Provider Lens™ reports will evaluate service providers helping enterprises and public agencies modernize operations with Oracle applications and cloud technologies

Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining service providers that help enterprises and U.S. public sector agencies take advantage of Oracle enterprise software and cloud infrastructure technology.

The study results on Oracle ecosystem services for enterprises will be published in a comprehensive ISG Provider Lens™ report, called Oracle Ecosystem 2022, scheduled to be released in December. The report will cover companies offering services including consulting, implementation, integration and managed services. At the same time, ISG will publish the U.S. Public Sector Oracle Ecosystem 2022 report, covering providers with experience in developing and supporting Oracle solutions for public sector entities in the U.S.

Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.

Enterprises worldwide have responded to the disruptions of the COVID-19 pandemic by speeding up strategies to integrate business systems, automate workloads and enhance core business functions. Amid the pandemic, public agencies in the U.S. have faced growing pressure to reduce costs and better serve constituents while operating under specific constraints that most companies do not face.

“Oracle is at the center of enterprise software transformation, including migration to the cloud,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Oracle partners are critical to companies and public agencies that want to benefit from Oracle’s latest technologies.”

The enterprise software industry, including giants like Oracle, has fast-tracked modernization of its products in response to these needs. Oracle’s service provider partners help clients achieve their business goals using modern software enhanced with AI, machine learning and cloud capabilities. Oracle continues to invest in its partners by providing training programs and expanding their expertise, including enabling them to build customized solutions for business-specific challenges.

For the Oracle Ecosystem study, ISG has distributed surveys to more than 100 Oracle service providers. Working in collaboration with ISG’s global advisors, the research team will produce three quadrants representing the digital services and products the typical enterprise is buying, based on ISG’s experience working with its clients. The three quadrants are:

  • Consulting and Advisory Services, evaluating service providers that help enterprises maximize the value of existing and new Oracle investments in order to modernize, optimize and transform their business operations.
  • Implementation and Integration Services,assessing providers that specialize in implementing and integrating Oracle applications and infrastructure technologies for enterprises. Key capabilities include creating implementation plans and data migration strategies, deploying cloud environments and ensuring security and governance.
  • Managed Services, covering providers of turnkey managed services for running enterprise clients’ businesses, including technical and operational tasks, with support delivered onsite, offsite or both. The providers should offer hands-on training in Oracle applications and technologies.

Geographically focused reports from the study will cover the global Oracle services market and examine products and services available in the U.S., Brazil and Germany. ISG analysts Arun Kumar Singh, Meenakshi Srivastava, Elaine Barth, Gabriel Sobanski and Ulrich Meister will serve as authors of the report.

A list of identified providers and vendors and further details on the study are available in this digital brochure.

For the U.S. Public Sector study, ISG has distributed surveys to approximately 50 providers of Oracle services to public sector clients in the U.S. The three quadrants are:

  • Consulting and Advisory Services, evaluating providers that help public sector clients modernize, optimize and transform their operations. Their services can include assessing an agency’s maturity, improving and maintaining Oracle investments, developing future-state models, assessing security and developing governance processes.
  • Implementation and Integration Services,assessing providers specialized in implementation, migration and integration around Oracle applications and infrastructure technologies. The providers should have expertise in public sector organizational, operational and compliance requirements.
  • Managed Services, covering providers of turnkey managed services spanning applications, technology and infrastructure for public sector organizations using Oracle software and infrastructure.

A report will cover relevant services available in the U.S. public sector. ISG analysts Phil Hassey and Meenakshi Srivastava will serve as authors of the report.

A list of identified providers and vendors and further details on the U.S. public sector study are available in this digital brochure.

Providers not listed in either brochure can contact ISG and ask to be included in the studies.

All 2022 ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press Contacts:

Will Thoretz, ISG
+1 203 517 3119
will.thoretz@isg-one.com

Julianna Sheridan, Matter Communications for ISG
+1 978-518-4520
isg@matternow.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220708005054/en/

Fri, 08 Jul 2022 01:21:00 -0500 en text/html https://www.morningstar.com/news/business-wire/20220708005054/isg-to-publish-reports-on-oracle-ecosystem-partners
Killexams : Orthopedic Companies Have Two Massive Logistics Problems

OTW spoke with former U.S. Army Logistics Officer, Ethan Lauer, about the logistics of Orthopedic and Spine products and he highlighted two massive problems.

According to Lauer, “The problem that orthopedics has is tons and tons of orders. The same rep has 20 surgeries a month, the distributor has 400, the manufacturer has 3,000…and all at different stages in this process.”

“In the orthopedic industry, when you ship finished goods out of SAP or Oracle, it goes out to the field and for the manufacturer it kind of disappears into a big gray smoke cloud. They don’t know where it is.”

“Manufacturers don’t have any idea of the stuff they have on the field that’s not being used in this place but could be used over in this other place. There’s a tremendous amount of inefficiency. The simplest way to describe it is this industry has billions of dollars of inventory invested and shipped into the field that’s rattling around in the trunks of sales reps and in their garages and in distributor offices and they don’t have any visibility of it anymore.”

Lauer explained, “The vast majority of inventory on these companies’ balance sheets is sitting out in the field and they have no system to track it, no visibility to track it.”

So, Lauer decided to light that up.

A U.S. Army Logistics Officer Tackles Orthopedics and Spine

Automation infrastructure from the 1970s and technology from the 1990s probably don’t make you think of operational efficiencies. However, for Lauer, they capture the essential logistical issues creating inefficiencies and cost in Orthopedics and Spine today.

“What we’re doing today started almost all the way back in 1994 or ‘95”, explained Lauer. “At that time I was an Army officer, I was a logistics officer in the cavalry. That job is all about making sure that bullets and ice and repair parts and medical supplies and other things are in the right place at the right time.”

Lauer continued, “So from a very young age I was kind of programmed in my thinking. In my operations-type thinking, I was programmed around systems. And we had systems in the Army, although they were 1970s automation infrastructure.”

Lauer explained, “So you had a computer that was in one location that you processed some stuff in and then you wrote a floppy disk out of that and you ran it up to the next location, whether that was down the street or 20 miles across the desert. Then you put that into another computer, as did like 20 other people, then all of that information got compiled together and then that got turned into a disk and it got sent somewhere else.”

Lauer added, “On those disks was all the same types of information that is being transferred now in Orthopedics. So, there’s a surgery scheduled somewhere and there’s some equipment that is needed at that surgery. Well, that’s no different than when there’s 20 soldiers in a location and they need to eat dinner tomorrow night, so we need to make sure the right number of MREs [meals ready-to-eat] get there when those guys are ready to eat.”

Learn Orthopedics From the Ground Up

“Roll forward to early 2000 when I got to the Orthopedic industry as a sales rep and you know at the time, and even today, corporate America hired a lot of junior military officers. Corporate America loves these guys and girls because they have all this experience doing things way above their age range.”

Lauer continued, “I got to this job as a sales rep and my boss says take this clipboard and this piece of paper and this pen over to Brackenridge Hospital and write down what Dr. Spann used today.”

Lauer chuckled as he added, “I thought I was getting hazed.”

It didn’t take long before Lauer began to use database tools to try to organize and automate the processes for his sales rep job. While he was there, the distributorship went through significant growth and according to Lauer, “I became a sales manager and an ops manager, so I was managing all of these processes. So, the system that we were developing—even more and more so—matured.”

Building Software for Ortho Sales Reps

A few years later, Lauer stopped selling implants and started a surgical neuromonitoring company where he also utilized his operations experience to solve logistics problems. Lauer told OTW, “I got over to neuromonitoring and I had all the same problems. All those logistics problems—what surgeries are tomorrow, what equipment needs to be there, what supplies got used, who needs to be billed, what person needs to go do this, who’s assigned to this—all the same exact problems except for now I owned the company, and I had the purse strings.”

Lauer continued, “I said I’m going to get some real software guys, not me being just a sorta hacker putting these things together. So, we developed a solution there and it was called NeuroStream, and we started selling that to other neuromonitoring companies. That’s really how I got bitten by the software bug basically.”

In 2010, Lauer began the process of selling his neuromonitoring company and he became reunited with his orthopedic buddies.  “When I circled back to my orthopedic buddies, they were all still doing the same thing—handwriting stuff, making lots of phone calls, sending lots of text messages, doing that kind of thing. So, in 2009, we created ImplantBase.”

Building Logistics Systems From the Rep Up, What a Concept!

Lauer’s ImplantBase approach was different than the approach taken by other Orthopedic and Spine companies. Instead of creating a system for manufacturers that sales reps had to use, Lauer decided to create something just for the sales reps.

Lauer explained OTW, “We said let’s build something that’s just a really fast way for a sales rep to create a sales order from their phone and turn that sales order in—because that’s ultimately the main thing that a rep cares about.”

During the first few years, sales reps would pay to use this very straightforward and yet very valuable service. As the rep’s reliance on the system grew, so did their needs. Lauer told OTW, “What happened after that was that other features started to get requested. So now they wanted to manage their inventory in ImplantBase, now they wanted to be able to submit loaner requests, then they wanted to be able to do sales reporting, then they wanted to be able to calculate commissions.”

After a while, manufacturers started paying attention to what ImplantBase was doing. Up until that point, manufacturers had struggled with getting sales reps to adopt their systems.

Lauer explained to OTW, “So manufacturers started coming to us, rolling this out to their sales force and then putting layers of manufacturer functionality on top of that sales rep functionality because that sales order function, it’s just two sides to the same coin.”

“So that’s the backstory. You know that thinking I learned in the Army about how to organize things and how to get things where they need to be on time and on target is what led me to experiencing this problem firsthand and then deciding to do something about it.”

97% Sales Rep Adoption

As of today, according to the company, the ImplantBase platform has a 100% implementation success rate with 50 medical device companies, processing over $5 billion of revenue and a 97% sales rep adoption rate.

Lauer explained how the company views its implementation success, telling OTW, “Our 100% success is every project that we have started, we have finished, and we have got them to go live.”

While implementation success is at 100%, field adoption is a few percentage points lower. That lower rate is because, as Lauer told OTW, “The Orthopedic sales force is largely a distributor-based sales force so they’re 1099s. They’re not direct employees.”

This means that essentially they can choose whether to take on new technology or keep doing what they are doing. For seasoned reps, this may mean that they choose to stick with their Day-Timer as Lauer explained. A Day-Timer, for younger readers, is a personal organizer and planner.

System Flexibility

A distinctive feature of ImplantBase is that its implementation is very flexible. That is perhaps one of the key reasons that ImplantBase can boast 100% implementation success. Lauer explained to OTW, “Our system is designed so that customers can phase their implementation. You can do it by when you’re going to your field rollout phase, you can do it by rep, you can do it by region, you can do it by distributor, you can do it by enthusiastic sales manager that wants to get this in place for all their reps and distributors. You can do it in a lot of different ways but still have inventory transaction and visibility continuity as well as revenue continuity.”

Scalability Without Throwing More Bodies at Problems

“There are a number of areas that people find ROI [return on investment] by using the ImplantBase approach, but number one is headcount stabilization within their internal operations.”

Lauer continued, “With ImplantBase, the inventory request gets entered one time from the phone and those people inside customer service go from being data entry people to data analysis people and really customer service people.”

“They don’t have to type in anything, they don’t have to verify lot numbers or do any of that stuff and so the efficiency as they grow is that the company doesn’t have to keep throwing bodies at problems inside customer service, inside field inventory, inside asset management. They don’t have to do any of that because we streamline. It’s the promise of digital transformation. And it’s nothing special about ImplantBase. It is just what digital transformation does for companies.”

Lauer elaborated, “It's not headcount reduction…it’s headcount stabilization. You can grow. We have companies that have grown four to seven times and haven’t added a single person in their field support operations. So that’s really where the ROI is, it’s in people. And in any one of these companies, it’s inventory and people that are their two top expense lines.”

Not One-Size-Fits-All

A key component of ImplantBase is its versatility. Lauer described to OTW, “ImplantBase serves all different sizes of orthopedic manufacturers. From very small companies that are just running on QuickBooks or QuickBooks online all the way up to 1,000 plus person implementations in companies that have big, comprehensive Oracle and SAP. We sell the product in a way that is modular, and it’s priced for each different size of customer. So we have SMB pricing, enterprise pricing.”

Lauer added, “ImplantBase is not a static thing. We put out a new version of ImplantBase every two weeks and in those versions are customer requested enhancements. We’re constantly wrapping ImplantBase around the needs of our customers. Both from their individual needs, whether that’s reporting or workflow processes or anything like that, as well as based on industry trends or regulatory changes, things like that.”

Lauer finished, “ImplantBase it’s not a one size fits all. It is a 450 sizes fits 450 people. Our feature set is 99.99% customer driven.”

Amateurs Talk Tactics, Professionals Study Logistics

As former U.S. Army logistics officer Ethan Lauer understands so well, “Amateurs talk about tactics, but professionals study logistics” (General Robert H. Barrow USMC).

And for mission critical jobs like surgery, well, again, we reach back to the great military leaders for guidance: “…in its relationship to strategy, logistics assumes the character of a dynamic force, without which the strategic conception is simply a paper plan.” (Theo Vogelsang, USN)

So, in conclusion, gentlemen and women of the Orthopedics and Spine Industry: may the (logistics) force be with you.

To reach former U.S. Army Logistics officer Ethan Lauer, please contact his company ImplantBase at: https://us.implantbase.com/company/contact-us.

Mon, 01 Aug 2022 06:47:00 -0500 en-US text/html https://ryortho.com/2022/08/orthopedic-companies-have-two-massive-logistics-problems/
Killexams : Accenture Named a Leader in 2022 Gartner® Magic Quadrant™ for Oracle Cloud Applications Services, Worldwide

Accenture Named a Leader in 2022 Gartner® Magic Quadrant™ for Oracle Cloud Applications Services, Worldwide

For the fourth consecutive year, Accenture (NYSE: ACN) has been named a Leader in the Gartner “Magic Quadrant for Oracle Cloud Applications Services, Worldwide,” the global research and advisory firm’s annual assessment of Oracle Fusion Cloud Applications service providers. This Magic Quadrant assessed the relative positioning of 19 service providers based on completeness of vision and ability to execute worldwide in delivering the full life cycle of Oracle Cloud Application services.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220707005099/en/

For the fourth consecutive year, Accenture has been named a Leader in the Gartner “Magic Quadrant for Oracle Cloud Applications Services, Worldwide,” the global research and advisory firm’s annual assessment of Oracle Fusion Cloud Applications service providers. (Photo: Business Wire)

For the fourth consecutive year, Accenture has been named a Leader in the Gartner “Magic Quadrant for Oracle Cloud Applications Services, Worldwide,” the global research and advisory firm’s annual assessment of Oracle Fusion Cloud Applications service providers. (Photo: Business Wire)

According to the report, “‘By year-end 2024, 75% of Oracle application services revenue will be cloud-related as enterprises accelerate their move to the cloud in response to the massive disruption of the COVID-19 pandemic.” Additionally, “70% of large ERP deployments will be executed by predominantly remote rather than on-site implementation teams,” and, “60% of organizations will select integrated financial management capabilities as their preferred approach to process automation.”

“Accenture’s longstanding alliance with Oracle and our full spectrum of industry and function solutions continue to propel clients around the world to realize the full potential of the cloud, driving better business outcomes across the board. We believe our recognition as a Leader in the Gartner report is a testament to this, and a strong indicator of future success in delivering greater value for customers via Oracle technologies,” said Phillip Hazen, senior managing director and Accenture Oracle Business Group lead.

According to Gartner, “Organizations are looking for a vendor that can support them throughout their cloud adoption journey — from designing the transformation, implementing the solution to ongoing support for their cloud environments. This demands excellent abilities to understand the client’s business requirements and to collaborate in an ongoing way. Vendors that can do both of these in addition to demonstrating excellence in technology enablement are those that are most successful in this market.”

Accenture has deep global capability across a range of Oracle solutions with thousands of Oracle-skilled consultants worldwide who help accelerate digital transformation by implementing Oracle-based business solutions and new business processes that develop and evolve as their digital business grows. Accenture has teamed with Oracle for over 30 years and is a member of Oracle Partner Network. For more information on the Accenture and Oracle relationship, visit www.accenture.com/oracle.

Gartner Disclaimer

GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally 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 Magic Quadrant for Oracle Cloud Application Services, Worldwide 20 April 2022, by Analyst(s): Gunjan Gupta, Denis Torii, Alan Stanley, Akshit Malik, Rajib Gupta, Eric Cheung

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.

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Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

Christina McDonald
Accenture
+1 415 537 7997
christina.mcdonald@accenture.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005099/en/

Thu, 07 Jul 2022 00:28:00 -0500 en text/html https://www.morningstar.com/news/business-wire/20220707005099/accenture-named-a-leader-in-2022-gartner-magic-quadrant-for-oracle-cloud-applications-services-worldwide
Killexams : Accelalpha and Frontera Consulting Merge Forces to Create Powerful Global Oracle Cloud Applications Consulting Company

BELLEVUE, Wash.--(BUSINESS WIRE)--Aug 4, 2022--

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.”

About Accelalpha:

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.

About Frontera:

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220804005950/en/

CONTACT: Century Park Capital Partners

Matt Minnaugh

Director of Business Development

(310) 867-2216

mminnaugh@cpclp.com

or

Martin Sarafa

Managing Partner

(310) 867-2210

msarafa@cpclp.com

or

Tony Trevino

Principal

(949) 233-9849

ttrevino@cpclp.com

KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE INTERNET FINANCE CONSULTING BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY

SOURCE: Century Park Capital Partners

Copyright Business Wire 2022.

PUB: 08/04/2022 02:41 PM/DISC: 08/04/2022 02:41 PM

http://www.businesswire.com/news/home/20220804005950/en

Thu, 04 Aug 2022 06:41:00 -0500 en text/html https://apnews.com/press-release/business-wire/technology-north-america-7460e33d6f7443a3922adb7c08bd5577
Killexams : 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."

About Accelalpha:

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.

About Frontera:

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.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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