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https://killexams.com/exam_list/OracleKillexams : Oracle, fear and loathing
With Oracle CloudWorld in Las Vegas kicking off, the on-going battle with third party support provider Rimini Street is once again making the news. On October 10th Oracle said it had informed the court that it is prepared to proceed with a bench trial “because it is the most efficient path to ending Rimini’s illegal conduct, including its longstanding and continuing violations of Oracle’s copyrights.”
Oracle offers three support stages for its enterprise software, tools and databases: Premier Support, Extended Support, and Sustaining Support. In Oracle’s words, these “deliver maximum value by providing you with rights to major product releases so you can take full advantage of technology and product enhancements.”
Premier Support provides a standard five-year support policy for Oracle Technology products; Extended Support provides for an additional three years, and Sustaining Support is indefinite technical support.
In its Magic Quadrant report for cloud database management products, Gartner warned that Oracle’s on-premises products are often perceived to be expensive and difficult to manage, and customers continue to raise concerns about contract negotiations. In fact, Oracle recently increased maintenance charge from 5% to 8% of the original contract value.
Fixes, updates, and critical patch updates created during Premier Support and Extended Support are the only fixes available when the product reaches Sustaining Support. One needs to question why people continue to buy support, if the only patches they are entitled to are the ones that have already been published.
The challenge for many IT leaders is that while they may wish to continue running Oracle, especially if it is part of a core system of record, such as the Oracle relational database, they are being encouraged, or worse, coerced, into upgrading. One of the big benefits of third-party support contracts is that they separate software from maintenance and support.
But Oracle contracts stipulate that technical support may not be discontinued for a single program module within a custom application bundle. In effect, buying the best Oracle deal bundle will mean the customer remains tied in to paying full maintenance fees on all products in that bundle, even if some are replaced with non-Oracle products or third party support is used.
While Oracle claims Rimini downloaded its IP illegally, customers paying Oracle for maintenance have every right to get fixes, patches and documentation, so long as these things remain on their own systems. What Oracle’s latest actions show is that it remains deadly serious about putting the knife into third party maintenance and support.
Wed, 12 Oct 2022 23:23:00 -0500entext/htmlhttps://www.computerweekly.com/blog/Cliff-Sarans-Enterprise-blog/Oracle-fear-and-loathingKillexams : Oracle Protocol - A Magnificent World Is Being Built In An Orderly Manner
The MarketWatch News Department was not involved in the creation of this content.
Sep 27, 2022 (Vehement Media via COMTEX) -- United Arab Emirates -- A technological and ecological revolution that is both inevitable and disruptive is coming into a frenzy, and the protagonist is - ORACLE DAO.
ORACLE DAO, initiated by top geek teams in many countries, is currently developing under the leadership of the original team in an orderly manner. The development is progressing smoothly. The Oracle Protocol has now completed the beta stage and will soon be tested on the chain technology and the development of the second ecological layout, OraSwap. ORACLE DAO is based on multiple cross-chain technologies. It has the highest docking center in the whole network, and the value container structure is built by the linkage operations of the whole network. In terms of technology, mode, and ecology, it outperforms the majority of the projects on the DAO track.
The DAO is a decentralized free organization with the innovative underlying technology and a scalable cross-chain ecological layout. The overall layout and top-level design of Oracle DAO have infinite vitality for perpetual operation, which is difficult to surpass by other projects. The first innovative MTE/POSUM hybrid consensus mechanism, superb on-chain processing speed, Turing-complete smart contracts, and forward-looking ecological layout are some of ORACLE DAO's best skills.
At present, the Oracle Protocol has already completed its Beta stage. This is an official announcement of the successful completion of the ORACLE DAO basic contract layer and the foundation of decentralization and de-trust. The importance of the basic contract layer is self-evident. In addition to realizing inter-dimensional operability in a trustless environment, it will also solve the problem of the difference in industrial interfaces between the chain and the chain and establish a diversified industrial ecological interface to meet all the challenges encountered in the development process. Key links through the interaction between its own protocol network and the value layer and contract layer of the entity industry, it realizes the expansion, transaction, and cross-chain of the ORACLE DAO community, so as to open the silo between the virtual and real industries. It carries the rich decentralized exchange application ecology on the protocol layer network and becomes the bridge and foundation between the blockchain world and the entity world.
The ORACLE DAO mechanism algorithm is obviously complex and more rigorous, so it also shows its meticulousness in smart contract layout and mechanism planning, which is more in line with the characteristics of the current era of algorithmic technology. Among them, the POSUM mechanism is the core reward mechanism of ORACLE DAO, which is used to execute community rewards and activate the development of the ecology inside and outside. The POSUM mechanism in the ORACLE protocol will release the platform tokens—ORC—year by year for five years. After the five-year period, the protocol will automatically put all remaining tokens into a black hole for destruction after 100 days. The anti-inflationary eco-model drives the value creation concept of the POSUM mechanism with its constant mintage and anti-inflationary qualities, as well as stable, pledged returns.
The ORC adopts the community's NFT pass as the qualification to purchase, and the initial sale will bring the flow value to the community and provide great momentum for community development. The Oracle Protocol is designed to attract like-minded community members through the POSUM mechanism, expand the influence of the community, and increase the activity of the platform. At the same time, community members can get up to 60% annual return by pledging ORC, and the community also opens DAO community members' rights according to the value of their contributions, so that they can participate in more decisions and development of the ecology within the organization. In addition to the pledged return, community members can also earn ORC tokens as rewards by promoting community development and making relative contributions to the industry ecosystem in the form of individual rewards or team rewards.
From the DEFI perspective, community members work together to provide higher liquidity to the market by pledging various crypto digital assets and becoming part of the liquidity pool of the market. Community members of ORACLE DAO can also produce more ORC tokens through the liquidity pool and work together to increase the demand for ORC. Therefore, it can also be concluded that the community will be the most powerful source of energy for ORACLE DAO, while the POSUM mechanism is responsible for balancing the reward uniform so that the community and each member get a fair reward.
In addition, MTE as NFT identity verification. Its complete name is MINT TO EARN. The reason is to open and join the springboard within the ORACLE DAO organization. Through the MTE to cast a unique NFT identity to go to the next step of pledging to earn another income. When you refer a user to cast NFT, you will be rewarded for casting NFT. In addition, NFT holders will have the opportunity to receive ecological airdrops of ORACLE DAO distributed by the organization unexpectedly in future periods. Without this layer of identity verification, they will not be able to obtain additional airdrop rewards.
With the completion of the ORACLE PROTOCOL test, we are also looking forward to the smooth implementation of its on-chain test, the perfect exit, and smoothly into the second ecological layout ORASWAP development. ORASWAP is an important interface for ORACLE DAO to enter the DEFI trading world, to realize the decentralized exchange derived from the DAO organization. ORASWAP is created on the cryptocurrency smart chain and based on the development of community industry ecology. It carries a variety of protocol mechanisms running to provide users with multi-dimensional and comprehensive DEFI trading services. Through the law of mobile power and the law of mobile wealth, continuous value creation, ORASWAP's investment in research and development is ORACLE DAO in the ecological strategic layout to find a way to liberate power and wealth. The greater value of liquidity pry is the most thrilling challenge of DEFI at the moment. In addition, ORASWAP uses the DAO structure to operate, ensuring the fairness and impartiality of the ORASWAP ecology, returning all users to a high-quality, fair, open, and transparent asset trading environment, ensuring that all users benefit.
To sum up, ORACLE DAO breaks through many limitations of traditional organizations, enabling users to jointly create and exchange value in a trusted environment in the Web3 era and obtain corresponding rewards. With the continuous maturity of technology and improvement of market demands, ORACLE DAO will make great progress on the ecological road. For this reason, the current ORACLE DAO native team will continue to consolidate the foundation, so that the ORACLE DAO giant ecosystem can empower more entity enterprises!
Currently, we are also looking forward to a greater world, and a greater cause requires determination, competence, organization, and responsibility. As a decentralized autonomous organization, it follows the principle of "code is law". The management and operation rules of the organization are encoded on the blockchain in the form of smart contracts, thus realizing distributed collaboration, which can still operate spontaneously without third-party intervention and centralized control. The design of ORACLE DAO is highly transparent, aiming to let all participants know the rules and realize self-operation, self-governance, and self-evolution through intelligent management means and economic incentives of passwords, thus realizing the maximum effectiveness and value flow of the organization and leading humanity into a new decentralized world.
Oracle NetSuite is an enterprise resource planning (ERP) platform that comes with a robust financial management solution.
Its pricing is customized for each user based on the needs and circumstances of your business.
Oracle NetSuite is ideal for midsize businesses, manufacturers and companies that need advanced features.
This article is for entrepreneurs considering implementing Oracle’s NetSuite ERP platform as their financial management and accounting solution.
As your business grows, you may invest in a greater number of software solutions to keep your operations moving forward. Businesses that reach this point often find it’s easiest to streamline all of their systems ‒ including accounting and financial management ‒ into one convenient enterprise resource planning (ERP) platform like Oracle NetSuite.
Invoicing and bill pay
As part of its robust ERP offering, Oracle NetSuite offers an intuitive cloud financial management solution that allows businesses to track their financial data and automate many essential accounting functions. Like any highly-rated accounting software, it offers reporting, planning, and billing features and easily integrates with other software, including Oracle’s suite of business solutions. It can also be used seamlessly with multiple currencies, so it’s a great option for growing companies with a global customer base.
If your business wants to expedite its accounts receivable and payable, accelerate deal closings, and keep up with financial compliance obligations, while taking advantage of a full suite of powerful business management features, Oracle NetSuite is an ideal accounting solution within an ERP platform.
Oracle NetSuite Summary
$999 per month
Invoicing and payments
No. of clients supported
Because they can perform a wide range of complex business management functions, ERP platforms are typically priced on a custom basis. Factors such as business size, annual revenue and desired features all affect the cost of the software. Oracle NetSuite is no different, and to get an accurate price estimate, you’ll need to contact an Oracle sales representative. The sales rep will walk you through all the available features of the platform, including inventory management, financial management, point of sale, customer relationship management (CRM) and human capital management software
Based on our research, Oracle NetSuite pricing includes a $999 monthly licensing fee, plus a per-user fee that starts at $99 a month. While this base price can be used as an estimate, your costs may vary significantly depending on your specific business needs.
Because of its high price point, Oracle NetSuite is likely not well suited for a smaller business with simple accounting and bookkeeping needs. However, if your business is growing internationally and you anticipate needing an ERP platform to manage everything, this can be an excellent accounting solution that sets you up for financial success as your company grows. Thanks to NetSuite’s integrated ecosystem, you can save time and money that would otherwise be spent managing multiple software solutions from different vendors.
Key takeaway: Oracle NetSuite’s price varies depending on the different software modules required, the size of your business, its annual revenue and the number of orders your company processes.
Oracle NetSuite’s financial management solution offers a wide range of useful accounting features. Here’s more about how NetSuite can help growing businesses:
Finance and Accounting
With Oracle NetSuite, your business can seamlessly combine its core finance and accounting functions with strong compliance management. This ERP’s financial management solution offers real-time access to your financial data to help you drill into important details, resolve delays, and generate compliance statements and disclosures for your stakeholders.
NetSuite provides the following basic accounting functions to streamline and simplify your financial processes:
Whether your business operates on a transaction, subscription, usage-based or hybrid model, Oracle NetSuite can help you manage your billing operations. It fully integrates into the platform’s advanced revenue management and compliance functions.
Businesses with financial reporting obligations can use NetSuite to easily comply with accounting standards, including ASC 605, 606 and IFRS 15. Using the platform’s rule-based event-handling framework, you can easily automate numerous revenue management and reporting functions, such as forecasting, allocation, recognition, reclassification and auditing.
Financial Planning and Reporting
NetSuite’s planning, budgeting and forecasting functions allow your business to plot out its financial future based on real-time analytics. Use your business data to forecast revenue, plot out what-if scenarios and develop accurate budgets. Oracle’s powerful reporting and analytics tools also allow you to gain a more complete picture of your business at any time to make better informed decisions about your finances.
Global Account Management and Consolidation
If your business plans to expand its borders and go global, you need a financial management solution that helps you manage your international transactions and compliance obligations. Oracle NetSuite’s powerful financial engine gives you maximum transparency and visibility into your business across countries and in real time so you can manage your operations at the local and global level.
To make it easier to run an international business, NetSuite offers a variety of language interfaces to overcome language barriers and a multicurrency management system that supports over 190 different forms of currencies and automatically accounts for the current exchange rate for real-time conversion.
Governance, Risk and Compliance
With Oracle NetSuite, your business will always be audit-ready. This ERP platform supports your company’s governance, risk, and compliance (GRC) programs so you can handle increasingly complex regulatory, operational, and compliance challenges as you scale.
The platform can also establish a sustainable risk management and compliance process for your company so you can anticipate major risks before they happen.
Oracle NetSuite offers seamless integration with all its ERP solutions and integrates with many leading business software providers. If you use other vendors to manage your operations, you can use NetSuite’s open APIs to introduce new integrations.
To take advantage of these integrations, businesses can hire a NetSuite dedicated implementation team for an additional fee. The team not only helps set up the ERP platform itself, but also assists with any additional integrations and project management planning.
Want to use Oracle NetSuite as part of a larger ERP solution? Your financial management processes will integrate seamlessly with Oracle’s full suite of products. This is helpful if you’re trying to gain a more holistic view of your business’s financial transactions, budgets and forecasts.
Here are a few additional useful functions you’ll find within Oracle NetSuite.
Stay on top of your warehouse ordering. This solution helps you ensure ideal quantities of each item you sell by automatically analyzing historical sales and logistics data. NetSuite can determine the best reordering time frame for each product and replenish stock to an optimal threshold when it runs low.
NetSuite helps companies with every sales or work order while providing real-time visibility into every step of the production process. This ERP’s end-to-end manufacturing software solution can help you run your entire business and make better-informed decisions.
Supply Chain Management
NetSuite helps you seamlessly manage each point in your supply chain, regardless of where your physical product is manufactured or stored.
Warehouse and Fulfillment
NetSuite helps businesses with inbound logistics, outbound logistics, and inventory management, streamlining your warehousing operations and helping you minimize costs for on-time delivery. The built-in warehouse management solution enables you to manage your distribution operations using customized user-defined strategies and advanced real-time updates and integrations.
With Oracle NetSuite, it’s easy to purchase goods and services for your business quickly and at the best prices. Real-time information helps you better understand your company spend and vendor performance while automation and workflow integrations deliver a more accurate procure-to-pay process.
Human Capital Management
Manage your team and your human resources processes with NetSuite’s HCM solution, SuitePeople. This solution allows you to streamline employee onboarding and information collection for new hires while also giving visibility into your workforce operations.
Did you know? Oracle NetSuite offers several key tools that are critical for financial management, including basic accounting functions, billing, revenue recognition, planning and reporting, GRC, and more.
Oracle NetSuite Pros
For growing international businesses, Oracle NetSuite offers a robust, all-in-one ERP solution that puts your most valuable business data into a single platform. NetSuite’s full product suite allows your organization’s various departments and systems to operate harmoniously and in real time so every person in your company is always up to date.
Key takeaway: Oracle NetSuite provides just about every feature you could want in an ERP, allowing for a seamless single solution for managing all your operations.
Oracle NetSuite Cons
In terms of accounting software, NetSuite may be prohibitively expensive for smaller businesses. Additionally, it may offer far more functionality than your business needs at this point in its growth, and you don’t want to pay for features you’ll never use.
Ultimately, NetSuite is ideal for midsize and large businesses operating a complex operation, as this ERP solution performs best when all of the modules are used in conjunction with one another.
Oracle NetSuite delivers top-notch customer service across its entire ERP platform, including its financial management solution. The company’s educational resources give users the opportunity to learn about NetSuite’s full range of products and stay updated on any new features or capabilities.
NetSuite offers 24/7, real-time support for industries via phone, email and a built-in chatbot on its website. The automated chat functionality can answer simple FAQs or connect you with a customer service representative.
Key takeaway: Oracle NetSuite’s customer service is on a par with what you would expect from a world-class ERP solution, so you can count on being able to find answers to your questions and concerns.
Oracle Cerner has been working on interoperability for years and announced new efforts in accurate months since its $28.4 billion acquisition by Oracle.
Oracle Cerner is a founding member of the CommonWell Health Alliance. The CommonWell Health Alliance aims to advance interoperability by connecting systems nationwide and making health data widely available.
Most recently, the CommonWell Health Alliance announced that it would apply to become one of the first qualified health information networks as part of the Trusted Exchange Framework and Common Agreement. TEFCA is part of the 21st Century Cures Act passed in 2016 that aims to establish a nationwide EHR exchange.
Sam Lambson, vice president of interoperability at Oracle Cerner, called the move "a leap forward in achieving our vision for interoperability."
On June 9, Larry Ellison, chair, co-founder and chief technology officer of Oracle said it plans to create a unified database for patient information. "Together, Cerner and Oracle have all the technology required to build a revolutionary new health management information system in the cloud," Mr. Ellison said. The database would have anonymized data from hospitals, clinics and providers across the U.S. and provide up-to-the-minute information about patients' personal health as well as public health statistics.
Oracle Cerner uses network connections and nationwide exchanges to give clinicians access to information and data sharing.
Oracle Cerner has also created the EHR analytics solution, dubbed the Lights On Network, which provides data-driven analysis to help understand which interoperability methods are used across organizations.
In December 2021, Hans Buitendijk, director of interoperability strategy at Oracle Cerner joined the National Health Information Technology Advisory Committee. The committee provides recommendations to the National Coordinator for Health Information Technology on policies and standards, as well as implementation criteria.
The cuts affected workers at Oracle offices in Redwood City, Calif., home to the tech giant’s former headquarters. The jobs that were affected included data scientists, application developers, marketing specialists and software developers.
The Austin, Texas company cut 201 jobs in total on Oct. 3 from its Redwood City, Calif. office, according to its Worker Adjustment and Retraining Notification (WARN) filed in California. The job cuts took effect Oct. 3 and was received by the California Employment Development Department Sept. 30, according to the WARN.
In a letter to the state obtained by CRN, Oracle said the layoffs would be permanent and said that its Redwood Shores campus would not be closing as a result of the job cuts. Oracle formerly housed its headquarters in Redwood City, but moved it to Austin at the end of 2020.
Among the jobs cut in this round, according to the Aug. 4 letter to the state from Anje Dodson, senior vice president of human resources at Oracle: data scientists, application developers, marketing specialists and software developers.
CRN has reached out to Oracle for comment.
As of this past May, Oracle employed approximately 143,000 full-time employees, of which about 48,000 are based in the U.S. and the rest internationally, according to a regulatory filing.
The company is the No. 1 employer in Redwood City, Calif. with over 6,500 workers there, according to the city.
Wed, 12 Oct 2022 10:45:00 -0500entext/htmlhttps://www.crn.com/news/cloud/oracle-lays-off-201-employees-in-californiaKillexams : VirtualBox 7 remotes into Oracle Cloud
Oracle VM VirtualBox 7, the latest release of the company’s open source, cross-platform virtualization software, integrates with Oracle Cloud Infrastructure (OCI) for remote control of cloud-hosted VMs, adds support for fully encrypted VMs, enhances 3D video support, and features an automated virtual machine builder.
The upgrade was unveiled October 12. VirtualBox 7 is intended to help devops engineers and distributed teams increase productivity, easing the creation and management of VMs and removing the complexity of configuring them for the cloud. Management of multiple physical systems is also addressed in the new release.
Oracle Cloud Infrastructure integration in VirtualBox 7 enables users to centrally manage development and production VMs running either on-premises or on OCI instances using any VirtualBox-supported operating system, such as Linux, Windows, and MacOS. With a single command or button push, users can export a VM from an on-premises host and run it on OCI, or import a VM from OCI to the user’s local computer.
For management of VMs, an enhanced GUI simplifies management of VMs on OCI and on-premises devices, providing a centralized dashboard showing resources used by each VM.
An automated VM builder accelerates the time to build and run a VM by automating the creation of VMs using the unattended installation feature or open source Vagrant boxes. VMs can be brought up in less than a minute.
Full encryption of VMs uses AES 128-bit or 256-bit encryption for VM data, logs, and configuration files without impacting performance.
Enhanced 3D support in VMs using DirectX 11/OpenGL support. 3D applications can be run including conferencing and CAD.
Enhanced nested virtualization supports running VMs with Microsoft Windows 10 and Windows 11 fully virtualized, which by default require Hyper-V.
Oracle is providing a developer preview of an installer package for macOS/Arm64 systems using an Apple Silicon CPU to run some guest operating systems for Intel/AMD x86 CPUs in emulation. The preview is a work in progress and provides early access to unsupported software features. VirtualBox 6.0 arrived in December 2018.
Wed, 12 Oct 2022 15:58:00 -0500entext/htmlhttps://www.infoworld.com/article/3676570/virtualbox-7-remotes-into-oracle-cloud.htmlKillexams : Perficient to Demonstrate Multi-Pillar Oracle Expertise at Oracle CloudWorld 2022No result found, try new keyword!For more than 20 years, Perficient and Oracle have partnered to help clients institute efficiencies across the organization while empowering them to regain accessibility and authority of their ...Mon, 17 Oct 2022 03:11:00 -0500en-UStext/htmlhttps://www.tmcnet.com/usubmit/2022/10/17/9693616.htmKillexams : Oracle pays to make bribery charges go away
Only in America you can pay to make bribery charges go away
Oracle has paid $23 million to the US Securities and Exchange Commission to settle corruption charges that subsidiaries in Turkey, United Arab Emirates and India used "slush funds" to bribe foreign officials to win business.
The SEC said Oracle violated provisions of the Foreign Corrupt Practices Act (FCPA) during a three-year period between 2016 and 2019.
The cash that was apparently set aside was to paying foreign officials to attend technology conferences, which breaks Oracle's own internal policies and procedures.
SEC said that in some instances, it found Oracle staff at the Turkish subsidiary had spent the funds on taking officials' families with them on International conferences or side trips to California.
SEC investigator Charles Cain said: ""The creation of off-books slush funds inherently gives rise to the risk those funds will be used improperly, which is exactly what happened here at Oracle's Turkey, UAE, and India subsidiaries. This matter highlights the critical need for effective internal accounting controls throughout the entirety of a company's operations."
However, because Oracle wrote a cheque for its antics it does not have to admit or deny the findings of the SEC's investigation, it just has to promise not to do the thing it does not admit to, ever again.
Tue, 27 Sep 2022 21:01:00 -0500Nick Farrellen-gbtext/htmlhttps://www.fudzilla.com/news/55565-oracle-pays-to-make-bribery-charges-go-awayKillexams : VA Postpones Oracle Cerner EHR Implementations to June 2023No result found, try new keyword!VA has pushed EHR implementations off to June 2023 after finding more deficiencies with the Oracle Cerner system, including issues with patient scheduling and referrals.Fri, 14 Oct 2022 05:00:00 -0500en-UStext/htmlhttps://ehrintelligence.com/news/va-postpones-oracle-cerner-ehr-implementations-to-june-2023Killexams : VA will halt Oracle-Cerner implementation until patient safety concerns are addressed
The Veterans Health Administration's rollout of its Oracle-Cerner EHR system will not continue until patient safety concerns are addressed, according to Sept. 26 reporting in FedScoop.
VA Secretary Denis McDonough confirmed the news Sept. 26, responding to questions at an event hosted by the Defense Writers Group. Mr. McDonough confirmed that the VA is working through an implementation checklist with each hospital setting up the new EHR system.
The rollout was paused in June after a federal watchdog alleged that a flaw in Cerner's system caused harm to 148 veterans at Spokane, Wash.-based Mann-Grandstaff Medical Center.
"I think we've been clear that we have to be confident that these risks to patient safety are addressed before we go live. So we're not just focused on the passage of time between now and next year; we're focused on improving the system," Mr. McDonough said.
Becker's has reached out to Cerner and will update this report if more information becomes available.