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Oracle Management approach
Killexams : Oracle Management approach - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-584 Search results Killexams : Oracle Management approach - BingNews https://killexams.com/pass4sure/exam-detail/1Z0-584 https://killexams.com/exam_list/Oracle Killexams : Enterprise Resource Planning (ERP) gains ground in supply chain management By ·

All-encompassing systems that manage inventory, procurement, manufacturing, orders, projects, human resources and other core capabilities for companies, enterprise resource planning (ERP) platforms continue to expand right along with their customers’ needs. They’ve come a long way since manufacturers started using them to manage inventory in the 1960s, and were officially named “ERPs” by Gartner in the 1990s.

Fast-forward to 2022 and ERP software capabilities include all of the above plus supply chain, logistics, product lifecycle, risk and maintenance management (to name a few). And if a certain capability doesn’t come “built into” the ERP, there are always application programming interfaces (APIs) available to connect the two and create a unified platform that shares the same data, insights and capabilities.

With the accurate spate of supply chain disruptions, transportation snarls and labor shortages creating a bigger need for supply chain management (SCM) functionalities, ERP vendors have responded by bolstering their offerings in this realm. Concurrently, the best-of-breed SCM vendors have stepped up to the plate and refined their offerings, added new functionalities and even made them easier to connect to outside applications.

On track to hit $78.4 billion in revenues by 2026—up from $38.8 billion in 2018—the global ERP market is being driven by a greater need for operational efficiency and transparency in business processes, increased use of Cloud and mobile applications, and high demand for data-driven decision-making.

Increased demand from small- to mid-sized businesses plus the ongoing technological advancements on the part of vendors are also accelerating the adoption rates of these multi-faceted software platforms.

Staying at the forefront

Now squarely in their third year of a global pandemic, shippers of all sizes and across all industry sectors are investing in technology to help them address current challenges and begin to plan for the future.

Those with ERPs in place are enabling more functionalities—many of them related to SCM—while others are implementing platforms that help them work smarter, better, and faster in an uncertain business environment.

“In general, there’s definitely more of a focus on supply chain than there has been in the past. It’s at the forefront of everybody’s mind right now and will likely stay there for at least the next few years,” says Bill Brooks, VP, NA transportation portfolio at Capgemeini. In response to these needs, he says both the ERPs and the best-of-breed SCM vendors are investing in more digitalization, Cloud computing, Artificial Intelligence (AI), digital twins, analytics and other advanced technologies that converge to help shippers develop smooth-running, end-to-end supply chains.

For now at least, Brooks sees plenty of room in the marketplace both for broader-reaching ERP vendors and more specialized best-of-breed software developers. They both continue to invest in their platforms and serve their respective markets, he adds.

“Everyone has their preferences as to what type of software they want,” says Brooks, “and those preferences probably aren’t changing in the short-term.”

ERPs dive deeper into WMS

As companies continue to work out their current inventory, labor, and transportation issues, more attention is being paid to the warehouses and distribution centers (DCs) that receive and stock goods and then ship orders. With more customers demanding ultra-fast shipping and eMarketer expecting another 14.8% increase in U.S. retail e-commerce sales this year, warehouse management systems (WMS) have been getting more attention and investment, both on the part of shippers and ERP vendors.

“The ERPs are starting to see WMS as an application area that’s worth pushing further,” says Clint Reiser, director of supply chain research at ARC Advisory Group. In some cases, ERP vendors are developing and then offering WMS to their current customers or “install” bases. In other examples, they’re selling the SCM application to customers that are outside of their install bases.

“This holds true with Oracle and possibly SAP as well,” says Reiser, who adds that Oracle has recently signed on customers for its Cloud-based WMS and then had those users also adopt its Cloud transportation management (TMS) platform. “In the past, it’s almost exclusively been TMS first and then WMS as an add-on,” he points out.

Overall, Reiser says WMS is becoming a “higher priority” for ERP vendors like Infor, Oracle and SAP. He points to the pandemic-related challenges plus the rise in e-commerce with driving at least some of this interest. “The WMS application area may be getting more emphasis from the vendors because of its greater interest out in the market,” he explains, “due to e-commerce, the COVID-related disruptions and shortages, and the broader supply chain crises.”

Protecting their turfs

Roll the clock back about 10 years and Reiser remembers that many of the best-of-breed SCM vendors were in the early stages of building out their platforms, with JDA working on its “Supply Chain Process Platform” and Manhattan Associates introducing its SCALE offering. Other vendors followed suit.

As technology advanced, the introduction of microservices—software made up of small, independent services that use APIs to communicate with one another—further enabled integration capabilities in the Cloud. This evolution facilitated the exchange of information between adjacent applications like TMS, WMS, distributed order management (DOM) and others.

Ultimately, these advancements gave best-of-breed SCM vendors the power they needed to be able to create more integrated, end-to-end processes. No longer just “standalone” applications, these SCM solutions could now work in tandem with other best-of-breed applications and/or with larger enterprise solutions. Borrowing a term from the business strategy sector, Reiser says this helped best-of-breed vendors construct “moats” around their applications.

“[Microservices] help specialty software vendors keep others off of their turf and solidify their place in the [market],” says Reiser, who sees the use of microservices in SCM continuing. “Now, some of them are using microservices to build up their solutions with a common database that allows them to compete on the basis of end-to-end supply chain unification.”

There’s room for both

Looking around at the ERP space, Dwight Klappich says vendors operating in it have matured their supply chain capabilities, warehousing, transportation and other components in order to address the basic needs of a high percentage of their customers.

“For companies that don’t have the most complex or sophisticated needs, ERP supply chain solutions are well worth consideration,” says Klappich, senior director, supply chain research at Gartner, Inc. “In most cases, if you’re committed to an ERP platform like Oracle, SAP or Microsoft, you probably should shortlist your ERP vendor.

Shippers that need more robust software capabilities would be wise to broaden that scope and add best-of-breed solutions to those shortlists. “There’s a market out there for best-of-breed solutions,” says Klappich, “and room for both the ERPs and the specialty SCM vendors.” For example, he says Gartner’s 2022 Magic Quadrant for WMS is dominated by six vendors, three of which are ERPs (SAP, Oracle, and Infor) and the other three are supply chain suites (Blue Yonder, Manhattan, and Korber).

In some cases, Klappich says the ERPs have an advantage because they can invest in new functionalities that can be effectively leveraged across the entire software suite. This creates economies of scale on the research and development (R&D) front, where ERPs that invest in SCM can then leverage those advancements across their entire platforms.

Take analytics, for example. According to Klappich, Oracle, SAP and Infor have all invested in robust analytics platforms that can be used across all of their applications. Specialty vendors, on the other hand, either have to try to replicate that investment or partner/integrate with a third party application provider that does offer those capabilities.

Right now, Klappich says the ERP and best-of-breed vendors share an important goal of improving the user experience. He points to Oracle’s introduction of the Redwood Design System in 2020 as one example of this. Redwood is the new Oracle standard for application look and feel, and was implemented company-wide to help unify the user interface of all of the company’s product offerings.

“Some of it is aesthetics, but as a whole Redwood takes into account how to Improve productivity by streamlining the user experience,” says Klappich, “and by factoring in things like conversational voice capabilities and embedded search.” He adds that best-of-breed SCM vendors are taking a similar approach with the goal of improving the user experience, staying out in front of the ERPs, and further protecting their turf.

More seamless flow

Looking ahead, Brooks sees the ERPs continuing to build out their SCM offerings in an attempt to “jump over” the best-of-breed vendors. He also sees the best-of-breeds solidifying their positions in the market by staying nimble and innovative.

“At this point, I don’t see either one of those getting a leg up on the other,” says Brooks, “but I do expect more integrations across different software platforms/vendors plus the continued use of microservices and digitalization to create even more seamless flow that we’ve seen in the past.” 

Mon, 08 Aug 2022 03:28:00 -0500 text/html https://www.logisticsmgmt.com/article/enterprise_resource_planning_erp_gains_ground_in_supply_chain_management
Killexams : Next gen for lead gen? Oracle drills down on Fusion Sales

Six months ago, at Oracle Live, Oracle talked about its plans to bridge the sales and marketing gap with the help of AI and automation. During that event, Larry Ellison talked about how the CRM (or sales automation system) needs to evolve, arguing:

The sales automation system has value. It keeps track of your opportunities, keeps track of your contacts. It allows you to communicate with management and say, 'I expect these deals to close in the quarter.' It's really a management tool for individual salespeople and their bosses to make estimates: how many deals will close in the quarter, and figure out what revenues will look like in the quarter.

Now, that has value. But the sales system does not increase sales. It doesn't automate sales. It automates sales, forecasting and improves communication. But what we want to do is actually build systems that help you sell more.

To get to this point, Oracle started by creating a new way for marketing to generate qualified leads to send to Sales with the launch of Oracle Fusion Marketing. I'm not going to dive into the details of Fusion Marketing because Jon did a great job of that himself. But what happens once Sales gets those leads? Something needs to change to help them work with them - that's the concept at the heart of the release of Oracle Fusion Sales.

Removing the manual steps in the B2B process

At an Oracle Live event: The Future of CRM: Engineering Connected Sales Experiences, Rob Tarkoff, Executive VP & General Manager, Oracle Advertising and Customer Experience, talked about the need for a tighter hand-off between Marketing and Sales (and how rare that is today). For that to happen, a transformational approach to managing sellers is needed.

Tarkoff referenced an Oracle study of 200 sales professionals that found 86% want s
Sales and Marketing to work more closely, and 88% need the tools and technologies to make that happen. It's true that there are plenty of marketing technologies to help Marketing and a growing number of sales technologies to help Sales, but the integrations between the two are not always that ‘integrated’ or indeed useful.

Not only are sellers wary of the leads passed on by Marketing, but they are spending a lot of their time going in and out of different technologies to manage routine processes in addition to the work they need to do to work with prospective customers properly.

Next gen?

Oracle's answer to these challenges is Oracle Fusion Sales, dubbed “the next generation of CRM”.  So what does the next generation of CRM look like? Katrina Gosek, VP, Oracle CX Product Strategy & Marketing, took me through the details.

Gosek said that Fusion Sales shifts the CRM from a system of record to a tool that will help sellers sell more. It does this in a few ways.

First, a new user interface makes it much easier to see what's happening with an opportunity. If you're accustomed to the busy interface of Salesforce, then you might appreciate the simplicity of this one.

The opportunity screen provides a high-level look at all the data around this opportunity, from activity by the account to sales activities, contacts, products purchased, services, billing, and more. The Sales rep can drill down further if they want to see more detailed information in any particular area.

The left-hand side of the screen provides what Gosek calls “guided selling”. These are guided workflows based on best practices and past deals (or built from industry templates). Guided selling is a useful feature for new salespeople coming in to help them learn faster and smarter, but it's also useful for more seasoned salespeople.

As Gosek pointed out, sellers still struggle with a predictable path to success because the models are continually changing, the groups involved are changing, and there's no one right now to move forward. But data can help make the process easier.

Underlying Fusion Sales is data - data from existing deals and opportunities, as well as past deals. Leveraging AI, the application can bring forward the best recommendations that help sellers move the opportunity forward. So, for example, it can recommend the next step in the process, whether that's making a phone call or email, creating a quote, or scheduling a demo.

And then there's the automation that takes the mundane, manual processes away from the seller. For example, Zoom meetings can be launched from within the Fusion application, and all notes, transcripts, and replays are automatically added to the activity for that opportunity. If you make a phone call from within the application, that call and any call notes are added. Let's say you made a note to schedule a demo meeting for a specific date and time. The application guides the seller to schedule the meeting as a next step and automatically fills in as many of the details as possible based on information in the notes.

Another automation feature is the creation of quotes and proposals based on customer data and past deals. Gosek explained that historical deal data related to similar closed deals, similar price points, and the combination of products sold together is used to help automatically generate a proposal or quote that the seller can review and customize.

The AI provides an estimated closed win rate and can suggest changes to increase the potential of closing the deal.

Other features in Oracle Fusion Sales include:

  • Content recommendations - A native integration with the CMS helps surface the right content to share with an opportunity. The seller doesn't have to search for content, instead selecting from content recommended based on the past activity of the opportunity, similar opportunities, and other data.
  • Digital Sales Room - The seller can create a sales room for an opportunity that includes everything from recommended content to the contracts and quotes, meeting transcripts and demo replays, and so on. This information is automatically added to the salesroom; the seller requires no manual work.
  • Advanced Analytics - Oracle Fusion Analytics provides a wealth of data on sales and marketing performance, pulling in data from all parts of the organization, including sales, marketing, and service/support. Gosek said Fusion Analytics enables cross-engagement visibility to revenue leaders and pulls forward insights early enough in the quarter to support adjusting things sooner instead of reacting after the fact.

The overall goal of Fusion Sales is to deliver sellers one place to work that can perform many of the manual, mundane tasks and let the sellers focus on the work needed to win new sales. An action bar discretely hides additional functionality (like creating a deal room), so the seller isn’t overwhelmed with the interface. In addition, the tight integration with Fusion Marketing surfaces what Gosek called the 'conversation-ready' opportunities, so sellers spend their time with the best potential prospects.

My take

I've helped salespeople with their processes. I've worked in Salesforce and helped set up different sales technology. It's often a convoluted process, working through multiple tools with little to no integration. Oracle Fusion Sales changes that, and I was pleasantly surprised with the clean, easy-to-understand UI and the guided selling.

The digital sales room didn't surprise me. I recently covered Drift's new Deal Room, and the two are very similar. And there are others too. This sales experience is so late in coming, but at the same it, it's timely. As Gosek said, a lot more selling is happening virtually, and even when we get back to more in-person meetings, that digital experience isn't going away. These deal rooms will become much more popular and widely used, especially when the buying team is large and distributed.

I'm all for AI and automation if it allows us to focus our efforts on the more critical work in marketing and sales. However, I am also keenly aware that for AI to work well, you need the right data. Oracle is pulling together a lot of data from different applications to ensure its AI is providing the best insights and recommendations, but a company needs to have a sufficient amount of customer data to work with for the AI to work well.

Tue, 26 Jul 2022 21:31:00 -0500 BRAINSUM en text/html https://diginomica.com/next-gen-lead-gen-oracle-drills-down-fusion-sales
Killexams : Oracle Lays Off Hundreds of Employees

Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s actions.

The job cuts principally hit staff at Oracle’s advertising and customer experience group, the people said. The group sells services to help clients analyze data about their customers and target advertising to those customers.

Fri, 05 Aug 2022 06:31:00 -0500 en-US text/html https://www.wsj.com/articles/oracle-lays-off-hundreds-of-employees-11659727874
Killexams : Oracle insiders describe the 'complete chaos' from layoffs and restructuring while employees brace for more
  • Mass layoffs hit Oracle's marketing org on Monday, sources said, leading to "complete chaos."
  • The marketing team has been gutted, and is being replaced by a larger revenue operations group.
  • Even senior level, experienced, and high-performing employees were cut recently, sources said.

Earlier this week, database giant Oracle began a sizable layoff, potentially impacting thousands of employees globally, sources told Insider.

The hardest-hit units, current and former employees said, were in the marketing and customer experience (CX) divisions, where insiders say the mood is bleak — and those who haven't yet been laid off are scrambling to figure out whether they'll be cut next.

"The people who have left are breathing a sigh of relief," a marketing employee who was laid off on Monday told Insider. "And the people who are still here are definitely running for the hills."

Some marketing teams have seen their headcount slashed by anywhere from 30% to 50%, sources said. 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.

Oracle's Advertising and Customer Experience team was said to have been cut to the quick, too. "The common verb to describe ACX is that they were obliterated," said a person who works at Oracle. Insider was unable to determine exactly how many ACX employees were cut, but one person familiar said it may have reached 80% of the division.

Oracle did not respond to requests for comment from Insider at the time of publication.

Most of the job cuts affected units that had been overseen by former chief marketing officer Ariel Kelman, who left Oracle in June, multiple people told Insider. Other senior marketing staffers, including those Kelman recruited from Amazon Web Services, his former employer and Oracle's rival in cloud infrastructure, have also been laid off, sources said.

Those teams now fall under the purview of Jason Maynard, who had been a senior leader of sales and marketing for Oracle's NetSuite business-management software. And Maynard wasted no time in reshuffling what was left of the marketing organization into a larger division now called "revenue operations," sources said. 

"There's no marketing anymore," a senior marketing leader who was laid off on Monday told Insider. "We're not even supposed to say we're in marketing because there is no marketing division."

Layoffs at Oracle are not uncommon — it spent $191 million on restructuring costs in fiscal year 2022, primarily related to employee severance, it reported in June. It spent $431 million on such costs last year, it said.

The database company also reported better-than-expected earnings in June, with a 5% revenue increase from the year prior and cloud revenues of $2.9 billion. Oracle Cloud Infrastructure (OCI), its cloud platform, still lags AWS, Microsoft, and Google Cloud in overall market share.

However, OCI remains virtually unaffected by the layoffs, according to four people familiar with the matter. Within OCI, the cuts are viewed as Catz "wielding the axe" on businesses where expenses exceed revenues and don't have high enough growth rates.

Oracle's advertising unit also laid off about 60 employees in July, Insider previously reported, and The Information reported that the company was seeking to cut as much as $1 billion in costs via layoffs and other means.

Now, there's a sense among many at Oracle of impending doom, with more cuts and reorganizations expected through the end of the year, including soon after its CloudWorld conference in October.

"It's just a horrible environment left," a former marketing employee who worked with Kelman said. "It's complete chaos."

'We've been kind of working like zombies'

When Kelman was hired in January 2020, it was seen in the industry as something of a coup for Oracle to poach a key executive from AWS. However, three people said Kelman's departure came after a dispute with Oracle CEO Safra Catz related to cloud marketing spending. Kelman did not respond to a request for comment.

Sources say that many employees in Oracle's marketing division, which employs a few thousand staff, had been dreading a round of layoffs after Kelman's departure and the departure of Juergen Lindner, a senior vice president of marketing, who left shortly after Kelman.

"We've been kind of working like zombies the last couple of weeks because there's just this sense of 'What am I doing here?" a recently laid off marketing employee said.

That feeling has largely persisted, sources told Insider. With no formal communication from CEO Safra Catz or cofounder Larry Ellison regarding the layoffs on Monday, current and former Oracle employees said their colleagues across multiple divisions are left trying to figure out who's still around.

"The only reason that I found out anything is because one of our senior engineers has my personal phone number, and he was let go," a person who works at Oracle said. "He texted me, 'Hey, a whole bunch of us are being let go, including our manager.'"

One recently laid off marketing leader told Insider that their team was cut in half, and no successor has been appointed to take their place.

"My team is texting me; they still have no idea who they work for," the person said. "No one told them I was gone, so they're just floating in the wind."

Oracle's cuts affected some of its most seasoned employees

Some marketing employees have also been sharing their layoff notifications in external Slack channels and texts to warn others they may be next.

"We started the Slack messages before the notifications started," a former employee said. "So you could see when the calls were coming in and you could tell that you were going to get the next calls."

While the company is known for cutting workers every year, some employees said they were shocked by how many senior, experienced, and high-performing staffers were let go on Monday.

For example, Oracle's code base is so complicated that it can take years before engineers are fully up to speed with how everything works, and workers with over a decade of experience were cut, some employees said.

Other employees who were laid off in accurate months have said they're furious they were cut before their restricted stock units were scheduled to vest, costing them tens of thousands of dollars in expected compensation.

"It's just deplorable," said a recently-laid off marketing leader whose primary compensation package included stock. "I know there were people on medical leave laid off. I know people on parental leave that were laid off."

The decision to cut some of its over 130,000-strong workforce comes at a critical moment for the Austin-based tech giant. Oracle last month won regulatory approval for its $28 billion purchase of the medical-records company Cerner and is absorbing its roughly 20,000 employees. It also recently won a contract to store the US user data for the ByteDance-owned video app TikTok — a deal that may boost its cloud ambitions as it seeks to overtake cloud giants like Amazon Web Services.

Do you work at Oracle or have insight to share? Contact reporters Belle Lin via encrypted email (bellelin@protonmail.com) or corporate email (blin@insider.com); Ashley Stewart (astewart@insider.com) via encrypted-text-messaging service Signal (+1-425-344-8242); Ryan Joe via Signal (+1 (310) 880-8992), email (rjoe@businessinsider.com) or Twitter DM (@threefirstnames).

Thu, 04 Aug 2022 07:20:00 -0500 en-US text/html https://www.businessinsider.com/inside-oracle-marketing-mass-layoffs-ariel-kelman-chaos-2022-8
Killexams : Oracle (ORCL) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Oracle (ORCL) closed at $76.47, marking a -1.14% move from the previous day. This move lagged the S&P 500's daily loss of 0.12%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.44%.

Coming into today, shares of the software maker had gained 7.62% in the past month. In that same time, the Computer and Technology sector gained 10.34%, while the S&P 500 gained 8.25%.

Investors will be hoping for strength from Oracle as it approaches its next earnings release. In that report, analysts expect Oracle to post earnings of $1.07 per share. This would mark year-over-year growth of 3.88%. Our most accurate consensus estimate is calling for quarterly revenue of $11.47 billion, up 17.86% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $5.21 per share and revenue of $49.73 billion, which would represent changes of +6.33% and +17.17%, respectively, from the prior year.

Any accurate changes to analyst estimates for Oracle should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Oracle is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note Oracle's current valuation metrics, including its Forward P/E ratio of 14.85. Its industry sports an average Forward P/E of 30.84, so we one might conclude that Oracle is trading at a discount comparatively.

We can also see that ORCL currently has a PEG ratio of 1.86. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ORCL's industry had an average PEG ratio of 2.21 as of yesterday's close.

The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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Mon, 08 Aug 2022 10:00:00 -0500 en-US text/html https://finance.yahoo.com/news/oracle-orcl-dips-more-broader-220010189.html
Killexams : Anaconda Announces Strategic Cloud Partnership with Oracle to Enable Seamless, Secure Open-Source Innovation in the Cloud

Anaconda Inc., provider of the world’s most popular data science platform, today announced a collaboration with Oracle Cloud Infrastructure to offer secure open-source Python and R tools and packages by embedding and enabling Anaconda’s repository across OCI Artificial Intelligence and Machine Learning Services. Customers have access to Anaconda services directly from within OCI without a separate enterprise license.

“We are committed to helping enterprises secure their open-source pipelines through the ability to use Anaconda anywhere, and that includes inside the Oracle Cloud,” said Peter Wang, CEO and co-founder of Anaconda. “By combining Anaconda’s package dependency manager and curated open-source repository with OCI’s products, data scientists and developers can seamlessly collaborate using the open-source Python tools they know and trust – while helping meet enterprise IT governance requirements.”

Python has become the most popular programming language in the data science ecosystem, and for good reason; it is a widely-accessible language that facilitates a variety of programming-driven tasks. Because the velocity of innovation powered by the open-source community outpaces any single technology vendor, more and more organizations are adopting open-source Python for enterprise use.

“Oracle’s partnership to provide data scientists with seamless access to Anaconda not only delivers high-performance machine learning, but also helps ensure strong enterprise governance and security,” said Elad Ziklik, vice president, AI Services, Oracle. “With security built into the core OCI experience, plus the security of Anaconda’s curated repository, data scientists can use their favorite open-source tools to build, train, and deploy models.”

Together, Anaconda and Oracle are looking forward to bringing open-source innovation to the enterprise, helping apply ML and AI to the most important business and research initiatives. For more information on how to use Anaconda in OCI, click here.

Tue, 09 Aug 2022 03:44:00 -0500 en-US text/html https://sdtimes.com/anaconda-announces-strategic-cloud-partnership-with-oracle-to-enable-seamless-secure-open-source-innovation-in-the-cloud/
Killexams : Oracle’s India cloud unit targets triple-digit growth in next few years
Oracle Cloud Infrastructure's (OCI) India unit is targeting to grow in triple digits for the next couple of years, on the back of the country’s economic growth and increasing spending of the middle-class on technology, top executives said.

It is also betting big on the financial sector as well as government projects to drive this growth.

“The Indian economy is forecast to expand nearly 8% this year. It is by far above every other economy in the world. If you factor in the size of the economy and also the growth of the middle class, it's getting wealthier,” said Garrett Ilg, president of Japan and Asia Pacific at Oracle.

This comes as Oracle’s India business has been a strong growth engine for the company – with the OCI unit clocking over 100% growth for the third year in succession and the software-as-a-services (SaaS) business also more than doubling for each of the last two years.

Ilg said the number is not an aberration and is sustainable for the next two years. “It (growth) is absolutely because (of) the momentum that is happening in the Indian market,” he told ET on the sidelines of the Oracle India Partner Forum event.

The company views small and medium enterprises, including startups, using its NetSuite, enterprise resource planning, human capital management and data analytics products.

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The Texas, US-headquartered company identifies the financial sector, due to its competitive landscape, customer base and matured micro payments systems, as a huge opportunity for growth, along with the public sector due to the push to reduce costs and extend efficient services.

Strategic growth area
The tech giant said the public sector and government business was a strategic area for its growth in India.

It has worked in the Niti Aayog's aspirational districts programme of monitoring 112 most under-developed districts in the country and the Income Tax Department has been using the Oracle Marketing Cloud solutions to reach out to taxpayers and to create awareness.

“We are seeing government projects as a strategic area for us and will continue to invest there. Initiatives such as the Diksha programme for e-learning and Open Network for Digital Commerce (ONDC) will be game changers,” said Shailender Kumar, senior vice president and regional managing director, Oracle India.

Shailender Kumar

Within the ONDC, it is working on the secured logistics digital exchange (SLDE) that integrates buyers, sellers, banks and logistic players.

The company is adding a dedicated team to manage SaaS solutions for public sector business, said Kumar.

Oracle recently closed a large project from Uttar Pradesh Power Corporation and is in discussions with state governments such as in Odisha, West Bengal, Haryana and Maharashtra for public sector projects.

Will gain market share
Oracle said it changed the approach to a subscription-based and consumption-based model from chasing big deals with big discounts. It expects this to help close the market share gap with rivals.

“Oracle has modified the cloud market with our focus on consumption. We are actually looking for companies that know what they need now and then they can subscribe to more later. We don't want customers to buy big just to get a discount,” Ilg said.

According to Synergy Research Group, Amazon’s AWS, Microsoft Azure and Google Cloud are three top players in the market as of December 2021 – with a market share of 33%, 21% and 10%, respectively.

The change to subscription-based business model along with its partnership with Microsoft Azure for multi-cloud capabilities and strong security layer in OCI Gen 2 model are “big differentiators” that the Oracle executives said would help the company gain market share.

Last month, Oracle and Microsoft announced the availability of Oracle Database Service for Microsoft Azure. With this new offering, Microsoft Azure customers can access and monitor Oracle Database services in OCI.

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Sun, 31 Jul 2022 12:30:00 -0500 en text/html https://economictimes.indiatimes.com/tech/information-tech/oracle-cloud-infra-targets-triple-digit-india-growth-on-financial-sector-boom/articleshow/93257762.cms
Killexams : Oracle has 500 partners in India: Shailender Kumar, Regional MD

In a conversation with BusinessLine, Shailender Kumar, Regional Managing Director, Oracle India, said the country is the second biggest market for Oracle and the company already has 500 partners in it. Excerpt:

Oracle has said that it plans to focus on public sector partners. What steps is the company taking in that direction?

Our association with the public sector goes back over 25 years. We have relationships with 18-19 state governments and almost all departments in the Central Government, including the Department of Textiles, Agriculture and the Central Board of Excise and Customs. In all these places, we have done some part of the cloud in the last two decades or more. Especially from a cloud standpoint, we have done a few projects with Niti Aayog. IFFCO (Indian Farmers Fertiliser Cooperative Limited) is a good example of our partnership in the public sector, where we have migrated all its applications to the cloud. 

How big is Oracle’s India operations team?

We may have hundreds of people on the ground in India, but then there are thousands of people in the back-end who support either the development standpoint or support projects. We have invested a lot in the last one year and today have more than 100,000 people who are certified on OCI (Oracle Cloud Infrastructure). A lot of these people are from the public sector.

What is your sense of competition in the Indian market and how does Oracle differentiate itself?

From our standpoint, we compete with Microsoft, AWS, and Google in the country. We differentiate ourselves through our whole suite offering. By suite, I mean it includes SaaS, infrastructure and platform. No other company has all three. I don’t think any of our competitors have ERP (Enterprise Resource Planning) or HCM (Human Capital Management). The second differentiator is our approach to multi-cloud. People using, let’s say, Microsoft Cloud or any other cloud, will have other requirements as well. We built this interconnect, so that even Azure customers can access our databases. Similarly, our approach on hybrid cloud, wherein we have infrastructure that can be used on premise, within the firewalls, or we have our data centre. No one else has such flexibility and offerings.

Along with the large-scale growth of the SaaS market in India, incidents of data breach have been on the rise. How has Oracle prepared to fight these threats?

There are two different approaches which an organisation takes -- when we develop a product security is inherent in that, it is part of the development at each and every step. Whereas other organisations develop the product and then security gets added. In our case, security is always on. It’s called a zero trust architecture. Whereas others have such issues, you will never find them in our case. In fact, the reason we work with almost every bank in India is because of our security, scalability and reliability. There has been no instance of such a data breach in our case, for the last 5 years. 

What are the new initiatives planned for this year? 

We are going to the market, expanding our public sector team and adding people in SaaS. We are expanding our banking team across SAAS as well as the cloud. We have also set up a mid-market team for cloud, which is doing extremely well. We have set up our NetSuite team, which is mainly the ERP for small and medium businesses. In fact, NetSuite was one of the earliest cloud companies to be set up. 

Second is investment in our cloud engineers, we are adding 100 cloud engineers to ensure that we are able to provide services to our people. It’s all about solving customer problems, how we help partners. We are adding cloud engineers, and we are adding more partners. So overall, ensuring we are able to provide better services to our customers. 

Do small and medium businesses make a significant part of your partners in India?

A majority of our customers in India are SMBs, considering our autonomous capabilities and a security first architecture that is specifically beneficial to SMBs improving security, performance and reducing their costs drastically. We allow businesses to pay only for what they use and this commitment is reflective of the fact that we have a dedicated business unit in Oracle – the Oracle Digital sales team. 

Additionally, we have a specialised partner network that works closely with us in helping our customers achieve their business goals. We have also introduced two special programmes for our customers to enable easy migration to cloud. These include Oracle Universal Credits (UC) – this is special pricing through which we’re offering flexible buying and consumption choices for Oracle’s Cloud platform (PaaS) and infrastructure (IaaS) services, and Oracle Bring Our Own Licence (BYOL) – through this our customers can leverage existing software licenses for Oracle PaaS at a lower cost. These programmes have benefited many SMBs to run their most important applications on Oracle Cloud Infrastructure. 

Published on July 30, 2022

Fri, 29 Jul 2022 18:47:00 -0500 en text/html https://www.thehindubusinessline.com/info-tech/oracle-has-500-partners-in-india-shailender-kumar-regional-md/article65698714.ece
Killexams : National Marine Dredging Group selects Oracle cloud applications for business efficiency No result found, try new keyword!By utilising a wide range of applications for finance, supply chain, HR and customer service, NMDC will be able to simplify and integrate critical business processes ... Tue, 09 Aug 2022 01:05:42 -0500 en-ae text/html https://www.msn.com/en-ae/money/news/national-marine-dredging-group-selects-oracle-cloud-applications-for-business-efficiency/ar-AA10tb1r Killexams : Oracle layoffs also may be affecting Cerner employees No result found, try new keyword!As Oracle cuts jobs in its quest to eliminate $1 billion in expenses, some of those reductions may creep into its new Cerner unit. Thu, 04 Aug 2022 00:55:00 -0500 text/html https://www.bizjournals.com/kansascity/news/2022/08/04/oracle-cerner-job-layoffs.html
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