Take a deep breath. It's Friday. I'm Jordan Parker Erb, and today I'm taking you inside the "complete chaos" at Oracle as layoffs and restructuring roil the database giant.
By the way, apologies for the slight delay this morning — we had a technical issue. (Fitting for a tech newsletter!)
Let's get to it.
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1. Oracle insiders describe "complete chaos" from layoffs and restructuring. Earlier this week, Oracle began a sizable layoff, potentially impacting thousands of employees — and those who haven't yet been laid off are scrambling to figure out whether they'll be next.
The hardest-hit units, current and former employees said, were in the marketing and customer experience divisions. Some marketing teams have seen their headcount slashed by anywhere from 30% to 50%.
In some cases, they said, managers were given the choice of who would get cut, while others had no say in how the layoffs would affect their teams.
The Advertising and Customer Experience team was said to have been cut, too. "The common verb to describe ACX is that they were obliterated," one employee said.
This leaked org chart shows Oracle's cloud leaders after the company's major organizational changes.
A look inside Oracle over the past week.
In other news:
2. The Federal Trade Commission is deepening its investigation into Amazon's Prime sign-up and cancellation process. The FTC sent out subpoenas and other demands for information after Insider reporting. Here's our scoop on what's going on.
3. Axed "Robinhoodies" say they were tipped off to layoffs weeks ago. Former Robinhood employees said they saw signs of belt-tightening — including plans to shrink office space — long before the company laid off 23% of its staff. Five former employees took us behind the scenes.
4. Elon Musk's countersuit against Twitter says the company is operating a "scheme" to mislead investors. Musk argued that he is entitled to drop the deal entirely — and Twitter pushed back, saying the billionaire's story is "implausible." Get the big takeaways.
5. Nike is offering $5,000 employee bonuses for some tech job referrals. Grappling with internal turmoil and a wave of exits, the company announced the new referral program, which has been met with mixed reviews from employees. Here's what we know.
6. Fifteen current and former Apple female employees say the company dismissed claims of misconduct. After the Financial Times reported the HR unit retaliated against some of them after speaking up about the incidents, Apple vowed to "make changes." What we know so far.
7. Startup founders' mental health is crumbling. Dried-up funding and the stress of a turbulent economic year has piled stress on founders who are already trying to do the impossible: build iconic tech companies. Why some founders "are especially not OK."
8. Elon Musk denied that he's planning to build his own private airport in Texas. Local news site Austonia reported last week that an airport could help grow his companies in the region, but Musk said that's "not true" and it "would be silly." Get the full rundown here.
Odds and ends:
9. Mark Zuckerberg is minting an NFT of his Little League baseball card. In a post announcing Instagram's expanded support for NFTs, Zuckerberg shared his own "soon-to-be NFT." See the potential digital collectible of a young Zuck.
10. We broke down how to unsend text messages using iOS 16. iPhone users with iOS 16 will have 15 minutes to unsend a text — and delete it from the recipient's phone. How it works and how to do it.
The latest people moves in tech:
Keep updated with the latest tech news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief from the Insider newsroom. Listen here.
Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.)
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New Jersey, N.J., Aug 04, 2022 The Treasury Management System (TMS) Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Treasury Management System (TMS) market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
Treasury management systems provide CFOs and treasurers the visibility and reporting they need to optimize cash, control bank accounts, manage liquidity, ensure compliance and oversee investments, debt and intra-corporate loans. The main drivers of this growth are the proliferation of cloud-hosted systems and the growing demand for effective financial management techniques. The market is predicted to be driven by many factors, including increasing demand for real-time liquidity management, regulatory changes and the increasing use of TMS due to benefits such as cost-effectiveness and transparency.
Get the PDF trial Copy (Including FULL TOC, Graphs, and Tables) of this report @:
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Competitive landscape:
This Treasury Management System (TMS) research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the Top companies Influencing this Market include:Oracle, Finastra, Salmon Software Limited, ACI Worldwide, GTreasury, Broadridge Financial Solutions, Gresham Technologies, Path Solutions, Taulia, Investopedia, Intimus, PEC, Nextage, Cash Management Solutions, Sopra Banking, National Cash Management Systems (NCMS), Giesecke & Devrient GmbH, AURIONPRO, NTT DATA EMEA Ltd., Glory Global Solutions, ALVARA Cash Management Group AG, BankSene, SAP, IBSFINtech,
Market Scenario:
Firstly, this Treasury Management System (TMS) research report introduces the market by providing an overview which includes definition, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Treasury Management System (TMS) report.
Regional Coverage:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
Segmentation Analysis of the market
The market is segmented on the basis of the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market
Market Segmentation: By Type
Local Systems, Cloud-Hosted Systems, Others,
Market Segmentation: By Application
Large Enterprises, SMEs, Government, Others,
For Any Query or Customization: https://a2zmarketresearch.com/ask-for-customization/670587
An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Treasury Management System (TMS) market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.
This report aims to provide:
Table of Contents
Global Treasury Management System (TMS) Market Research Report 2022 – 2029
Chapter 1 Treasury Management System (TMS) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Treasury Management System (TMS) Market Forecast
Buy Exclusive Report @: https://www.a2zmarketresearch.com/checkout
Contact Us:
Roger Smith
1887 WHITNEY MESA DR HENDERSON, NV 89014
+1 775 237 4157
Photo: Oracle's office (and former headquarters) in the San Francisco Bay Area. Photo by Bloomberg
Oracle has begun to lay off employees in the U.S., a move that will impact some staff in the San Francisco Bay Area, where the company was previously headquartered, said a person with direct knowledge of the matter.
The database pioneer planned thousands of job cuts for its global workforce of 160,000 after discussing cutting $1 billion in expenses, The Information reported in July. The number of affected staff couldn’t be learned, but layoffs of employees in Canada, India and parts of Europe are expected in the coming weeks and months, this person said.
New Jersey, N.J., July 24, 2022 IT Asset Management (also known as ITAM) is the process of ensuring that an organizations assets are accounted for, deployed, maintained, upgraded, and disposed of when needed. Simply put, its about ensuring that the tangible and intangible things of value in your organization are tracked and used.
Factors such as the growing need to manage audits and meet regulatory compliance standards, the growing need to manage and optimize the purchase, deployment, maintenance, use, and disposal of software applications within the enterprise, and falling costs of software spending are expected to accelerate the growth of the market.
Get the PDF trial Copy (Including FULL TOC, Graphs, and Tables) of this report @:
https://www.a2zmarketresearch.com/sample-request/652996
The IT Asset Management Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This It Asset Management market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
Competitive landscape:
This IT Asset Management research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the Top companies Influencing this Market include Broadcom, IBM, Oracle, SolarWinds, BMC, Snow Software, Livingstone, Agiloft, Axios, Cherwell, Eracent, Express Metrix, Freshservice, HP, Innotas, InvGate, iQuate, Kaseya, LabTech, Landesk, Provance, Samanage, ServiceNow, Symantec, SysAid, Vector Networks,
Market Scenario:
Firstly, this IT Asset Management research report introduces the market by providing an overview that includes definition, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the It Asset Management report.
Regional Coverage:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
Segmentation Analysis of the market
The market is segmented on the basis of the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market
Market Segmentation: By Type
Cloud Based
On-premises
Market Segmentation: By Application
Enterprises
Government
For Any Query or Customization: https://a2zmarketresearch.com/ask-for-customization/652996
An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global It Asset Management market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.
This report aims to provide:
Table of Contents
Global It Asset Management Market Research Report 2022 – 2029
Chapter 1 IT Asset Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global IT Asset Management Market Forecast
Buy Exclusive Report @: https://www.a2zmarketresearch.com/checkout
Contact Us:
Roger Smith
1887 WHITNEY MESA DR HENDERSON, NV 89014
+1 775 237 4157
Role Purpose:
The main purpose of this job is to source and transform a wide range of data across the business into formats that can be used by end-users to develop and Excellerate the business and assist with making smarter decisions and delivering better products.
Requirements:
Responsibilities:
Data Management
Data Analysis
Development
REPORTING
Skills and Attributes
Role Purpose:
The main purpose of this job is to source and transform a wide range of data across the business into formats that can be used by end-users to develop and Excellerate the business and assist with making smarter decisions and delivering better products.
Requirements:
Responsibilities:
Data Management
Data Analysis
Development
REPORTING
Skills and Attributes
Desired Skills:
BELLEVUE, Wash., August 04, 2022--(BUSINESS WIRE)--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/
Contacts
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
Strong natural language capabilities, open semantic layer, and extensive customer support ecosystem noted as key strengths of Oracle Analytics
AUSTIN, Texas, July 28, 2022 /PRNewswire/ -- Oracle today announced that it has been recognized as a Leader in the IDC MarketScape: U.S. Business Intelligence and Analytics Platforms 2022 Vendor Assessment. This IDC MarketScape includes 16 select business intelligence and analytics (BIA) platform providers. Represented by Oracle Analytics Cloud (OAC) and Oracle Analytics Server (OAS), Oracle Analytics placed among the top platforms in the current BIA offering category.
"Oracle's innovation in AI-based automation across the entire analytics and business intelligence continuum accelerates insights, recommendations, and actions that help Excellerate outcomes throughout the enterprise," said Dan Vesset, group vice president of Analytics and Information Management market research, IDC.
According to the report, "Consider Oracle BIA software if your organization has broad requirements for ad hoc data exploration, performance management, scenario analysis, and embedded analytics. By offering multiple-related BIA products, Oracle enables clients to take advantage of its capabilities in the environment and use cases of their choice."
IDC's assessment highlights several key OAC strengths, including its prebuilt capabilities that use machine learning for auto-generating and explaining insights in all data, as well as others that significantly Excellerate user experience such as natural language (NL) and natural language query (NLQ). These strengths include:
"Our strategy is to empower everyone to make analytics-driven decisions that increase the benefit to their organization," said T.K. Anand, executive vice president, Oracle Analytics. "We're honored to have IDC validate our commitment to innovating for our customers."
Oracle Analytics is a complete cloud platform with ready-to-use services for a wide variety of workloads and data. Offering valuable, actionable insights from all types of data—in the cloud, on-premises, or in a hybrid deployment—Oracle Analytics uses machine learning to empower business users, data engineers, and data scientists to access and process relevant data, evaluate predictions, and make quick accurate decisions.
Download a copy of the IDC MarketScape report here.
Additional Resources
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 oracle.com.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
View original content to obtain multimedia:https://www.prnewswire.com/news-releases/oracle-recognized-as-a-leader-in-the-idc-marketscape-us-business-intelligence-and-analytics-platforms-2022-vendor-assessment-301595496.html
SOURCE Oracle
Oracle Cerner is still hiring for 786 positions even as Oracle trims down its U.S. workforce.
Oracle is reportedly cutting thousands of jobs worldwide, and layoffs in the U.S. began Aug. 1, according to Bloomberg. Oracle Cerner also cut jobs, including in software engineering, talent acquisition, marketing, application services, population health and more, according to posts on Reddit.
But the company also still has 786 U.S. job openings posted on its website. The open jobs include systems engineers, consultants, technology architects and sales leaders. Oracle Cerner is also looking for a regulatory affairs strategist, data analysts, clinical informaticists and more. There is also an open medical assistant role advertising a $2,500 sign-on bonus.
Some of the open roles would work directly with health system clients, and around 240 roles are connected with Oracle Cerner's federal contracts.