By Leo Leung, Vice President, Product Management, Oracle Cloud Infrastructure
For as long as we’ve had computers, we’ve had to make them work together, even when they’re sold by different providers. I can’t think of any business that has relied on a single technology vendor – or even a single technology stack – for all its needs. It’s also true that companies rarely ditch established-but-still-working technology for totally new systems because of the severe risk, and usually considerable downtime.
That pragmatic model is holding strong in the cloud computing epoch. So, while a brand new “cloud-native” implementation can in theory be the best option in many instances, many companies running pre-cloud technology want to keep getting value out of older systems while also modernizing them.
Let’s face it: Any technology will live on for as long as it’s useful. Just look at the mainframe. Launched during the WWII era, computing’s “big iron” dominated tech for decades. But in 1991 with the rise of PCs and client-server computing, one respected tech journalist made headlines by predicting that the last mainframe would be unplugged within 5 years. That would be news to the banks and other enterprises that continue depending on mainframes 37 years past that deadline.
Researchers agree that, despite talk of massive cloud adoption, the bulk of IT dollars still flow to on-premises or traditional platforms. But, they also concur that the trend is shifting cloud-wards.
Spending for on-premises software accounted for 69% of total software investment in 2020, but by 2025, 58% of software spending will be in cloud, predicts IDC.
So, the move of most IT to cloud looks inevitable but still won’t happen tomorrow even though we are well into the second decade of public cloud adoption. This is why companies need tech partners to meet them where they are and offer a path to the cloud that doesn’t obviate previous IT investments.
Oracle, for example, offers more than 80 adapters for popular third-party software including Salesforce, SAP, Marketo, Microsoft SQL Server, Paypal, ServiceNow, and Workday. Together with another 300 prebuilt integrations, these supported connectors enable customers to easily move data between applications and cloud APIs where it can be used by new web services. Adapters and integrations are available both from Oracle and from a roster of partners on the Oracle Cloud Marketplace.
These adapters allow companies to keep wringing value from data stored and processed in on-prem systems while moving toward a modern digital deployment model.
In addition, Oracle SOA integration software will move existing on-premises Oracle applications, as is, to Oracle Cloud Infrastructure (OCI) public cloud. That means businesses can continue running their proven systems until they decide to modernize further. The key point here is this big shift will happen on the customer’s timetable, not some gigantic cloud vendor’s schedule.
The notion of integration goes beyond linking legacy systems to newer cloud technology. It also requires connecting applications and data, often from different vendors, into a single process.
Many companies, for example, use customer experience (CX) or customer relationship management software from one vendor but need to funnel leads and sales into an accounting or ERP application from another provider. Pre-built adapters can make that happen in days instead of months.
UK’s busy Heathrow Airport, modernized its operations by moving to Oracle Fusion Cloud and integrating third-party software such as Azure AD directory services, IBM Maximo asset management, and Office 365 SharePoint collaboration software, with help from partners Capgemini and Flexagon.
And, to best serve its fast-growing residential lending businesses, Angel Oak Lending needed to automate manual processes among its various subsidiaries. It accomplished this by integrating data from disparate systems into unified dashboards executives can use to manage the business more effectively.
Working with partner Knex, OCI Integration services was used to automate a three-way match between its financing facilities, its loan origination system, and bank data housed in Oracle Fusion Cloud. As a result, it was able to slash the time it takes to process loan originations by 63% and speed up new partner onboarding by 4X.
“We use OCI Integration to automate transactions so we can focus on higher-value activities that grow the business,” said Angel Oak Lending’s CFO Ravi Correa.
Businesses also need to support the use of toolsets their developers can use not only to build and tweak custom applications but to integrate them to each other. That means supporting a range of programming languages such as Java used by professionals, as well as low-code tools like Oracle Apex, that enable non-technical people to create applications as well.
IDC, which estimates that 30% of organizations now successfully run their own in-house development, counsels businesses to encourage all employees – not just trained software developers—to create their own productivity-enhancing applications. This is one way to address a growing skills shortage, according to Maureen Fleming, program vice president for IDC’s Intelligent Process Automation research group.
A combination of easy-to-use low-code tooling and pre-built adapters can go a long way to easing software integration issues.
The benefits of public cloud’s scale, agility, and power are well documented. But a move to the cloud should not require businesses to discard existing and useful technologies that are in many cases what’s paying the bills.
But no one should be deceived into thinking that cloud transitions need to be instantaneous or all-encompassing. Each business will need to create its own plan, based on what is already in place, what options make the most sense going forward – and what options let it move to the cloud in a way that is least disruptive to its operations.
The age-old problem of making disparate IT systems work together has not gone away with cloud. Fortunately, better tools now exist that allow businesses to pick and choose what they keep, what they switch – and when.
New SuiteApp for crypto accounting and tax meets Oracle NetSuite SuiteCloud development standards and best practices
SAN FRANCISCO, July 26, 2022 /PRNewswire/ -- Bitwave, a leading digital asset platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, today announced that its SuiteApp has achieved 'Built for NetSuite' status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations streamline and automate their crypto accounting and tax needs by reckoning their digital assets within NetSuite.
"We are thrilled to align with Oracle NetSuite to help companies with digital asset finance," said Pat White, CEO, and Co-Founder of Bitwave. "Businesses can now fully tap into the financial opportunities that decentralized finance offers within NetSuite by streamlining the process of reconciliation in just a few clicks."
With Bitwave for NetSuite, organizations will no longer need to go through various channels to manage their accounting needs for digital assets – it can all be automated directly in NetSuite. This helps companies that donate, accept payments, or pay their employees in digital currency to remain compliant.
"Every digital asset transaction is an accounting and tax event," said Guido Haarmans, GVP, SuiteCloud Developer Network and Partner Programs, Oracle NetSuite. "This new SuiteApp extends our robust solution for digital asset finance and will help NetSuite customers track and account for all transactions accurately and efficiently."
Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the information, resources, and methodology required to help partners verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like Bitwave, have been built to meet these standards.
For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite. For more information about Bitwave, please visit www.suiteapp.com.
About SuiteCloudOracle NetSuite's SuiteCloud platform is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading cloud-based financials / ERP software suite, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly created mission-critical applications built to extend the power of NetSuite.
The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) that build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit https://www.netsuite.com/portal/developers/overview.shtml
About BitwaveBitwave is the first digital asset finance platform designed specifically to manage the intersection of cryptocurrency tax, accounting, and compliance, transforming unmanaged risk into strategic business advantage by enabling the financial revolution made possible by cryptocurrency. Bitwave powers bookkeeping, accounting, tax tracking, invoicing, bill pay, payroll, and treasury management for Decentralized Finance (DeFi), crypto, and NFTs.
The platform is used by accounting, operations and financial professionals who are eager to tap into all of the potential digital assets but have lacked the proper accounting protocols to do so in the past. Bitwave was founded in 2018 by technology entrepreneurs Pat White and Amy Kalnoki and is based in San Francisco, CA. To learn more, visit bitwave.io
TrademarksOracle, Java, and MySQL are registered trademarks of Oracle Corporation.
Media Contact
Amanda Umpierrez
Bitwave@kcdpr.com
347-617-3256
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SOURCE Bitwave
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As a dynamic software development company, our client is always interested in acquiring the services of self-motivated Software Engineers. They are looking for Java and Microservices experience. Oracle or SQL database experience is also of interest. All software development utilises formal software engineering and experience with requirements management tools, design tools and formal documentation (IEE standards) will be an advantage. The company offers a professional environment with industry related packages and benefits. As a pure development company are they not restricted to any single domain or market.
Requirements:
- IT related degree or diploma
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Please send your CV to [Email Address Removed] or for more information, contact us on [Phone Number Removed]; (VoIP) or [Phone Number Removed];.
In sending your CV, you confirm that you have read and understood our POPI Policy found on our website [URL Removed] Should you be unsuccessful for this particular position, you have no objection to us retaining your personal information in our database which you confirm is true, correct and up to date. Should a suitable opportunity arise we will contact you and request your permission to submit your information.
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By Sabela Ojea
Oracle Power PLC said Friday that it has raised 500,000 pounds ($607,950) via a discounted share placing to continue working in the company's green-hydrogen project.
The natural-resources project developer said that it issued 181.8 million new ordinary shares at a price of 0.28 pence, which represents a discount to the company's latest closing share price of 0.38 pence a share.
The London-listed company noted that it is developing the green-hydrogen project through a joint venture with Dubai's ruling family member Sheikh Ahmed Dalmook Al Maktoum.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
WoundZoom Digital Wound Management solution now available in Cerner's App Gallery
STEVENS POINT, Wis. – July 27, 2022 – (Newswire.com)
Perceptive Solutions, Inc., developer of WoundZoom Digital Wound Management, today announced its integration partnership with Oracle Cerner and the availability of WoundZoom in the Cerner Code Program App Gallery. This partnership provides a secure and reliable exchange of wound care data between WoundZoom and a facility’s Cerner EHR system.
Perceptive Solutions joins the Cerner Code Program as a trusted integration partner so our customers can leverage the benefits of our validated application, WoundZoom, while eliminating additional steps in their workflow. Data captured using WoundZoom at the bedside, such as precise wound measurements, images, and clinical assessments automatically sync to patients’ charts, creating a more efficient workflow and a complete patient record in the EHR.
“Our innovative digital wound management solution enables clinicians to spend more time with patients through automated charting, wound imaging, and elimination of the manual measurement process. Cerner is a leading EHR provider for inpatient facilities and we are excited to provide accessibility of WoundZoom to Cerner customers,” said Mark Lacerte, President of Perceptive Solutions. “The technology integration through Cerner’s validation process enables a secure and reliable data flow from our solution into Cerner’s clinical charts. This enables healthcare facilities to more efficiently share valuable wound care data between both clinical and administrative team members within their EHR.”
About Perceptive Solutions
Perceptive Solutions modernizes the practice of wound care with technology-enabled systems designed to increase clinical efficiency, Strengthen care quality, and mitigate risk. Integrating smoothly with your EHR, WoundZoom utilizes the latest AI and imaging technology to capture accurate wound images and measurements from your smart device, automatically prompt and document appropriate actions, and create a continuous, standardized clinical record across shifts, floors, and facilities. For more information, visit https://perceptivesol.com/.
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Perceptive Solutions Integrates With Oracle Cerner, Joins Cerner Code Program
Covina, United States: Global Loyalty Management Market, By Solution (B2C, B2B, and Corporate), By Deployment Type (On-premises and Cloud), By Industrial Vertical (BFSI, Consumer Goods and Retail, Healthcare, IT and Telecom, Travel and Hospitality, Manufacturing, and Other Industry Verticals), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Trends, Analysis and Forecast till 2029
Loyalty Management Market Outlook
- Market Value 2020: US$ 7.2 Bn
- Market Value Estimation 2029: US$ 26.8 Bn
- CAGR: 15.7 %
B2C businesses are increasingly using loyalty management solutions. B2C businesses are attempting to benefit from real-world customer experience management benefits for both their reputation and bottom line. Vendors are being encouraged to create more advanced, smartphone-oriented programming by the increasing use of smartphones in B2C loyalty programmes. For instance, Starbucks launched its mobile app for utilising loyalty programmes after determining that mobile orders and payments represent 11% of all its transactions in the United States. One of the key factors anticipated to drive demand for the worldwide loyalty management market over the forecast period is the growing requirement for competitive differentiation to increase market share.
Top News relating to Industry, Innovation:
- In June 2019- Aimia Inc., an investment holding company, is pleased to announce that it has signed a definitive agreement with Grupo Aeromexico S.A.B. de C.V. to make certain changes to the Shareholders Agreement between them and the commercial agreement (CPSA) between Aeromexico and PLM Premier, S.A.P.I. (PLM), the operator of the Club Premier Loyalty program.
- In May 2019- Kobie Marketing declared the launch of Kobie Alchemy X. It’s a next generation real-time loyalty platform with interface to guide users through the creation and delivery of contextual, personalized customer interactions. Kobie Alchemy X is completely extensible for dealers to integrate into their current environments.
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@ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4426
Key Segmentation of the Loyalty Management market:
The global loyalty management market accounted for US$ 7.2 billion in 2020 and is estimated to be US$ 26.8 billion by 2029 and is anticipated to register a CAGR of 15.7%. The market report has been segmented on the basis of solution, deployment type, industrial vertical, and region.
- By solution, the global loyalty management market is segmented into B2C, B2B, and corporate.
- By deployment type, the target market is segmented into on-premises and cloud. Cloud segment is expected to grow at a higher CAGR in the upcoming years. The growing use of the internet coupled with the large-scale adoption of diverse technologies, such as mobile, social media, web have propelled the growth of digital content.
- By industrial vertical, the target market is classified into BFSI, consumer goods and retail, healthcare, IT and telecom, travel and hospitality, manufacturing, and other industry verticals. Retail & consumer goods segment is projected to lead the loyalty management market with maximum market share and is increasing at the highest CAGR during the forecast period 2019 to 2029.
- By region, North America accounts the highest share of the loyalty management market due to growing focus of leading industry verticals including BFSI and government among others on loyalty programs for good employee engagement, customer retention, and cross selling. Europe accounts for second highest revenue share market due to the growing number of customers choosing for a retail shop.
The Loyalty Management Market Report mentions the following promising regions:
- North America – U.S., Canada
- Europe – UK, Germany, Spain, France, Italy, Russia, Rest of Europe
- Asia Pacific – Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
- Latin America – Brazil, Mexico, Argentina, Rest of Latin America
- Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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Top-tier significant players:
The prominent player operating in the global Loyalty Management market includes Oracle Corporation, IBM Corporation, SAP SE, Comarch, Aimia Inc., ICF International, Inc., Bond Brand Loyalty, Epsilon, Kobie Marketing, Inc., and TIBCO (The Information Bus Company) Software, Inc.
Premium Report offers:
- Assessments of market share for the regional and national segments
- A description of the business, including its goals, finances, and most recent advancements.
- In addition to a comprehensive analysis of market share, the report contains data on significant drivers, restraints, and opportunities.
- The market power of consumers and suppliers is demonstrated via Porter’s five forces study.
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A local developer has moved ahead with plans to redevelop two historic piers in South Beach north of Oracle Park, but at a cost of another $150 million.
Pacific Waterfront Partners, based in the city, now estimates it will cost $528 million to turn Piers 38-40 into a mixed-use office complex, while beefing up the piers’ aging infrastructure, the San Francisco Business Times reported. The initial estimate was $383 million.
Funding 20 percent of the project cost depends on the developer securing more outside funding, according to the city’s Port Commission, which voted to approve terms and conditions for the project. The builder has until late next year to finalize its contract.
Construction could be completed by 2026.
The Piers 38-40 project, designed by Union Square-based Hornberger & Worstell, includes 215,000 square feet of office space and up to 20,000 square feet of shops and restaurants. Another 130,000 square feet would be dedicated for improved public access and open space.
The project south of the Bay Bridge would lessen earthquake risk and provide sea-level protection for both historic piers.
It would also leverage private-partner capital to build key infrastructure on the dilapidated piers, now estimated to cost an additional $150 million. In 2011, the Port evicted more than 50 tech firms from Pier 38 because of unsafe building conditions.
Simon Snellgrove, founding principal for Pacific Waterfront, said the bulkhead on Pier 38, which sits on the seawall, must be lifted four feet and shifted toward the Bay 34 feet to allow work on the seawall. The deck on Pier 40 must also be raised.
“It took a lot of engineering, a lot of re-pricing,” Snellgrove said, “The cost of it went up to $528 million.”
The Piers 38-40 project would be financed with $336 million in private equity and debt, along with historic tax credits, grants and loans available for pier protection and maritime benefits.
Despite the city’s high office vacancy rate, with a third of office workers now expected to work from home, Snellgrove sees opportunity in the waterfront office project, a “sweet spot for big users like Google who get to have all that space on two floors.”
The piers makeover could feature two bayside swimming pools, or even a floating volleyball court.
“The next generation doesn’t want to wear a suit and sit in the Financial District pretending to be grown up,” Snellgrove told the Business Times. “Down here is what we call a playground.
“We wanted to create a place where it’s fun to come to work, and it’s fun for people of modest means to be able to come to, eat and play.”
– Dana Bartholomew
