Whatever your reason to explore a jump from on-premises to a cloud environment, peer advice is always helpful in making the transition a successful one. Higher education IT leaders talked about their experience during an Oracle-sponsored cloud panel at the EDUCAUSE Annual Conference in Chicago.
Each spoke to their reasons for moving to the cloud. For Borre Ulrichsen, CIO at Gonzaga University, the university’s administrative software platform required a major upgrade. “We really had to upgrade more resources and were not looking at making major investments in our on-prem data center,” Ulrichsen said. “The result was a shift from on-prem to an on-demand license strategy.”
Peter Murray, CIO and vice president for IT at the University of Maryland, Baltimore, said their university recognized that the existing releases of some of their tools were not compatible with their existing platform. “We decided to pursue a new financial system; we wanted something completely transformative and state-of-the-art.”
In researching options, Murray says they saw an opportunity to move to the cloud.
“The cost to maintain on-prem was getting very expensive and time-consuming,” said Cheri Polenske, assistant vice president of enterprise services at the University of Nebraska.
Polenske’s student information system was the impetus for researching cloud, as enrollment was creeping up and the cost of additional licenses was becoming a factor, in addition to hardware that was reaching end of life.
“We were looking for a way to control costs,” she said.
MORE FROM EDTECH: Check out how universities can map out student success on campus.
IT leaders’ biggest piece of advice from their collective experience is to pay attention to all aspects of change management when transitioning to the cloud. This includes:
Each panelist described unexpected benefits from the transitions, including a more transparent window into the genuine costs around managing data, the ability to introduce the IT team to the most up-to-date technologies, and a culture shift across campus toward a more collaborative campus community.
“[The transition] really is a community effort,” said Borre. “Previously, we would do a lot of work in IT, and then spring it on everyone. Now, we schedule testing, we bring in partners on campus earlier, and they know when changes are coming. That cultural change, beyond traditional IT, activated our community to build a model of more collaboration.”
See more of our EDUCAUSE coverage here.
Oracle NetSuite is our pick for the best accounting software product that includes enterprise resource planning (ERP). NetSuite has been a leading brand name in the ERP space for many years. Your business can use it to keep track of your financial data and automate all of your accounting functions. But more importantly, you can use NetSuite's full ERP solution to manage complex business functions on a global scale.
An established business with a lot of moving parts requires an advanced solution capable of managing complex processes, which is where ERP software can help. ERP refers to an integrated software solution used to manage business processes. Although finance and accounting is perhaps the most important part of ERP, other modules include human resources management, sales, marketing and supply chain.
Oracle NetSuite is one of the leading solutions in the industry for ERP. This multifaceted solution can expedite an organization's financial transactions, such as accounts receivable and payable, as well as keep track of a company's compliance obligations. It has many reporting, planning and billing features, and is designed to be used globally and with multiple currencies. It can be easily integrated with other software, including Oracle's suite of business solutions. For these reasons and more, we've chosen Oracle NetSuite as the best accounting software with ERP tools.
Did you know? There are two types of ERP: on-premises ERP (manual installation) and cloud-based ERP (software as a service, or SaaS). Learn more in our article about ERP industry trends.
As an integrated software solution used to manage HR, sales, marketing and supply chain, NetSuite goes far beyond simpler accounting and bookkeeping software. Unsurprisingly, NetSuite was far more complex than mass-market solutions, such as what we found in our review of QuickBooks. Like most of the best accounting software solutions we reviewed, NetSuite displays key business metrics on the main dashboard. As shown below, it's a very busy interface packed with tools and drop-down menus
We found that while NetSuite's ease of use might eclipse that of other ERP solutions, it obviously isn't as user-friendly as basic solutions geared toward small businesses. NetSuite's complexity means that many business owners may need to consider hiring a consultant to help them navigate the software and make full use of its capabilities. That said, the steep learning curve belies extremely powerful tools and capabilities that you simply won't get with cheap alternatives.
If you plan to use Oracle NetSuite as part of a larger ERP solution, you can integrate your accounting processes with other functions, such as inventory management, for a complete view of your business's income and expenses. Here is an overview of the key features of Oracle NetSuite's accounting solution.
NetSuite helps businesses design and implement financial processes with their accounting software. It provides the ability to seamlessly connect accounting functions with management systems. Managers have real-time access to their financial data, giving them the ability to create reports or address delays.
Its general ledger gives organizations the ability to input and monitor all of their financial data in a customizable ledger. Through the general ledger, users can report functionality, enhance audit trials and create support for new management.
NetSuite's accounts receivable and payable features integrate all financial data into an easy-to-use system that functions automatically. They also have management programs for taxes, fixed assets, cash and payments.
If you have multiple clients, vendors or partners, NetSuite can streamline your billing infrastructure. It gives you control and flexibility over your billing process through a centralized framework that includes transactions, subscriptions and projects that go directly to the billing engine. The billing function also allows you to create and manage subscriptions and recurring billing.
NetSuite helps you comply with accounting standards to report financial results in a timely manner. The revenue recognition services enable you to schedule, calculate and report revenue on financial statements swiftly.
Through its planning and budgeting functions, NetSuite can help you plan for your business's financial future. One really cool function is that NetSuite can use your business's data to forecast revenue and what-if scenarios, as well as produce budgets. The system can also take your current data in future projections and generate reports.
Running your business internationally or introducing your products and services into an international market can present challenges. Through NetSuite's financial engine, you can manage your business finances across your organization globally. We like that the software comes with multiple language interfaces that can help you bridge communication or language gaps.
NetSuite also offers a multicurrency management system that supports over 190 currencies. The software automatically calculates the exchange rate for real-time conversion. It also provides a variety of payment options to resolve international transactions seamlessly.
NetSuite helps organizations set up and monitor their systems so that they comply with their company's government risk and compliance (GRC) programs. It provides the ability to change systems as your company scales and is audit ready so that any financial issues can easily be viewed and investigated. NetSuite complies with regulatory requirements such as ASC 606, GAAP and SOX.
The program can also transform your GRC program in real time by establishing a sustainable risk-management and compliance process. This feature can save businesses money in the long run, as it can predict major issues.
As an ERP platform, Oracle NetSuite offers seamless integration with all modules (accounting, inventory management, customer relationship management (CRM), human capital management, etc.) available on the platform. NetSuite integrates with many leading business software providers and offers open APIs for new integrations.
To integrate NetSuite with other business software, a dedicated implementation team is available for an additional fee. The team can also develop additional integrations and project management planning.
One unique feature is Oracle NetSuite's warehouse management and fulfillment module, which helps businesses control inbound logistics, outbound logistics and warehouse inventory management. Using NetSuite, businesses can generate and send purchase orders to their suppliers. They can also set high-priority tickets to an "expedite" list for faster processing.
Outbound logistics tracks goods leaving the warehouse, which are shipped directly to stores or consumers. This tool includes a "pick, pack and ship" feature, which informs warehouse employees and distribution employees that a product is ready for transport. As an item moves through the warehouse, Oracle NetSuite updates its records to reflect the accurate number of quantities remaining in your inventory.
Did you know? "Supply chain distribution" and "logistics" mean two different things, although the two terms are often used interchangeably. Logistics is the process of planning how products will get to their destinations, while distribution is the genuine process of getting them there.
Logistics tools are dependent upon accurate inventory management, which incorporates barcoding, batch and serial tracking to determine where items are located in a warehouse. We were especially impressed by how seamlessly the process fits together. When employees scan a received product into the storage facility, they move it from the loading dock to the appropriate lot, aisle and bin. Once placed, an item is scanned again, and Oracle NetSuite automatically updates its records with the location of the item and the date and time it was scanned.
Once an item is stored in the warehouse, Oracle NetSuite regularly alerts staff to perform "cycle counts," or inventory audits. These audits reconcile the genuine quantity of stock in storage with the records maintained by Oracle NetSuite's inventory-tracking tool. Oracle NetSuite's auditing features are also designed to streamline inventory audits by cataloging products based on their value, quantity and specific characteristics, like color, size, material and type.
The order-management tool helps warehouses ensure an adequate quantity of each item is always on hand without over-ordering and ending up with deadstock, or products that cannot be sold promptly. NetSuite automatically analyzes historical sales and logistics data to determine optimal reordering points for each product, replenishing stock to an optimal threshold when it runs low. NetSuite also accounts for lead times identified through the inbound logistics tools, factoring in how long it takes suppliers to fulfill new orders and adjusting the minimum quantity accordingly.
Oracle NetSuite also includes a multi-location management tool, which we found useful for a warehouse that supplies several locations. Through lot tracking, bin tracking and serial tracking, you can monitor the flow of goods across your entire business in real time, and NetSuite automatically adjusts optimal stock levels to support demand across all your locations.
Oracle NetSuite's platform consists of inventory management, financial management, point-of-sale, CRM and employee management software. Depending on the specifics of your business – such as the size of your company, its revenue and the modules you require – the price can vary greatly.
To get an accurate price estimate, you'll need to speak with an Oracle sales representative, who will prepare a custom quote for you based on your company size, industry and specific needs. Based on our research, the platform starts at approximately $99 per user per month plus a $999 monthly licensing fee. While this base price can be used as an estimate, your costs may vary significantly.
Oracle NetSuite may not be the best choice for small businesses with more basic accounting and bookkeeping needs. Midsize, scaling, large and international businesses are better positioned to benefit from Oracle NetSuite's ERP platform. If you're running a larger company, NetSuite's integrated ecosystem can save you time and money that would otherwise be spent acquiring and integrating a hodgepodge of software solutions from a variety of vendors.
During our research into NetSuite, we found that onboarding isn't the simplest process. As with pricing, you will have to contact Oracle NetSuite's sales team for a free product tour. You can also view a variety of product-specific demos on NetSuite's website. However, unlike most of the other software packages that we examined, NetSuite does not offer a free trial.
Implementing NetSuite as a brand-new user likely won't be a walk in the park for most business owners. An entire cottage industry of consultants exists solely to assist businesses with implementing NetSuite and tailoring it to fit their needs. Although businesses that use NetSuite are generally larger and can probably absorb these extra costs, it's something to keep in mind for anyone considering NetSuite.
Oracle NetSuite provides extensive customer service for all of its software, including accounting systems. It also provides education services, where users can learn about the software they're using and get up to speed on any new features or versions of their products. These services come in the form of both documents and online classes.
Real-time support for industries, as well as individual users, is available 24/7. The chatbot on NetSuite's website can provide users with simple explanations or connect them with a customer service representative.
If you are a smaller business or on a tight budget, consider investing in a dedicated accounting software solution that can be integrated with your other systems and keep track of your finances.
With such a comprehensive set of features, Oracle NetSuite's major limitation is not so much the software itself. In our view, the drawbacks are the high price point and steep learning curve. Implementation is likely to take a very long time; it may take months, or even years, to fully master the software and its abilities. It is not the most user-friendly system, despite a very wide feature set. This means that Oracle NetSuite is not an appropriate choice for small businesses with limited resources, but it is a great choice for established businesses with lots of resources.
Small business owners with less complex needs might want to consider lower-priced alternatives for their accounting and bookkeeping needs. Aside from QuickBooks, our FreshBooks review found that software great for handling invoicing, while our review of Zoho Books revealed it to be a fantastic tool for automating processes.
Tip: Read our review of Xero to learn about an alternative software package that we believe is a solid fit for a growing business.
To generate our quantitative score and use case, we reviewed software features such as payment and invoicing capabilities, the number of integrations, mobile apps, report generation, supported user count, and customer service. We also assessed pricing and the availability of free trials. Sources of information included in this review were gleaned from the company's website and software demos. Additionally, we studied user reviews for independent opinions on the software's pros and cons. For ERP specifically, we focused on how the breadth of the product creates a unified system that will help businesses meet complex challenges.
Oracle NetSuite is an ERP platform with numerous modules to manage financials, HR, inventory, supply chains and more.
The Oracle Corporation acquired NetSuite in 2016; the software package is now formally known as Oracle NetSuite.
Potential customers will need to contact Oracle for a quote, although $99 per user per month plus a $999 monthly licensing fee is a ballpark figure.
We recommend Oracle NetSuite for …
We don't recommend Oracle NetSuite for …
Technology major Oracle Corp. is witnessing strong growth in its cloud business in India driven by digital innovation in the banking, financial services and insurance (BFSI) sector, public sector initiatives, and small and medium business (SMBs).
“Public sector initiatives are happening around health, education, and in terms of creating the open network for digital commerce (ONDC), and SMBs…We are seeing very rapid growth in these areas," said Shailendra Kumar, senior vice president and regional managing director, Oracle India.
Earlier this year, the Indian government launched ONDC as a prospective alternative to dominant global e-commerce giants like Amazon.com and Walmart in its fast-growing e-commerce market. ONDC is expected to make e-commerce more inclusive and accessible for consumers who can potentially discover any seller, product or service by using any compatible application or platform, thus increasing freedom of choice for consumers.
A lion’s share of Oracle’s revenue from the cloud business comes from the BFSI sector. “We work with almost all banks in India, all insurance companies…we are working on transforming their businesses, their load management systems, their payment systems, internet banking, risk assessment and all of those things," Kumar said.
With Oracle Cloud, banks can reduce their reliance on data centre infrastructure and minimize costs by only paying for what they consume and maximise value by matching capacity with business demand. Oracle claims that by using its cloud, banks can reduce costs by up to 50% compared to other cloud providers.
Globally, Oracle’s cloud business grew 22% in constant currency to $2.9 billion in fiscal fourth quarter. This compares with its total quarterly revenue growth of 10% annually in constant currency to $11.8 billion. Total revenue in fiscal year 2022 rose 7% in constant currency to $42.4 billion. Oracle’s accounting year ends on 31 May.
“These consistent increases in our quarterly revenue growth rate typically have been driven by our market leading Fusion and NetSuite cloud applications. But this Q4, we also experienced a major increase in demand in our infrastructure cloud business—which grew 39% in constant currency," Safra Catz, chief executive officer, Oracle, said during the earnings.
Oracle is also betting big on the partner ecosystem to tap into the growing opportunities in the country. Currently, it has about 3,000 active partners in the Asia Pacific region and about 500 partners in India.
“One of the big Topics is how you work towards developing a partner strategy where you absolutely go to market with partners first. Because we know that the value goes beyond just implementation and revenue expenditures…the partner conversation is now a lot broader and a lot deeper than it used to be," said Garrett Ilg, president, Japan and Asia Pacific, Oracle.
Under a strategic cloud interconnect partnership, Oracle and Microsoft are aiming to making it easy for their joint customers worldwide, including Japan, Korea and Singapore, to connect their Oracle Cloud Infrastructure (OCI) services such as Autonomous Database to their Microsoft Azure.
“Apple (US), Cisco (US), Blackboard (US), IBM (US), Dell EMC (US),Google (US), Microsoft (US), Oracle(US),SAP (Germany), Instructure(US).”
EdTech and Smart Classrooms Market by Hardware (Interactive Displays, Interactive Projectors), Education System Solution (LMS, TMS, DMS, SRS, Test Preparation, Learning & Gamification), Deployment Type, End User and Region – Global Forecast to 2027
MarketsandMarkets forecasts the global EdTech and Smart Classrooms Market to grow from USD 125.3 billion in 2022 to USD 232.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. The major factors driving the growth of the EdTech and smart classrooms market include increasing penetration of mobile devices and easy availability of internet, and growing demand for online teaching-learning models, impact of COVID-19 pandemic and growing need for EdTech solutions to keep education system running.
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Interactive Displays segment to hold the highest market size during the forecast period
Interactive displays helps to collaborate teaching with tech boost social learning. As per a study it has been discovered that frequent group activity in classrooms, often aided by technology, can result in 20% higher levels of social-emotional skill development. Students in these classes are also 13% more likely to feel confident contributing to class discussions. Interactive display encourages the real time collaboration. SMART Boards facilitate the necessary collaboration for students to develop these skills. Creating an audience response system on the interactive display allows students to use devices to participate in class surveys, quizzes, and games, and then analyse the results in real time. A large interactive whiteboard (IWB), also known as an interactive board or a smart board, is a large interactive display board in the shape of a whiteboard. It can be a standalone touchscreen computer used to perform tasks and operations on its own, or it can be a connectable apparatus used as a touchpad to control computers from a projector. They are used in a variety of settings, such as classrooms at all levels of education, corporate board rooms and work groups, professional sports coaching training rooms, broadcasting studios, and others.
Cloud deployment type to record the fastest growth rate during the forecast period
Technology innovation has provided numerous alternative solutions for businesses of all sizes to operate more efficiently. Cloud has emerged as a new trend in data centre administration. The cloud eliminates the costs of purchasing software and hardware, setting up and running data centres, such as electricity expenses for power and cooling of servers, and high-skilled IT resources for infrastructure management. Cloud services are available on demand and can be configured by a single person in a matter of minutes. Cloud provides dependability by storing multiple copies of data on different servers. The cloud is a potential technological creation that fosters change for its users. Cloud computing is an information technology paradigm that delivers computing services via the Internet by utilizing remote servers, database systems, networking, analytics, storage systems, software, and other digital facilities. Cloud computing has significant benefits for higher education, particularly for students transitioning from K-12 to university. Teachers can easily deliver online classes and engage their students in various programs and online projects by utilizing cloud technology in education. Cloud-based deployment refers to the hosted-type deployment of the game-based learning solution. There has been an upward trend in the deployment of the EdTech solution via cloud or dedicated data center infrastructure. The advantages of hosted deployment include reduced physical infrastructure, lower maintenance costs, 24×7 accessibility, and effective analysis of electronic business content. The cloud-based deployment of EdTech solution is crucial as it offers a flexible and scalable infrastructure to handle multiple devices and analyze ideas from employees, customers, and partners.
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Major EdTech and smart classrooms vendors include Apple (US), Cisco (US), Blackboard (US), IBM (US), Dell EMC (US), Google (US), Microsoft (US), Oracle(US), SAP (Germany), Instructure(US). These market players have adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product enhancements to expand their presence in the EdTech and smart classrooms market. Product enhancements and collaborations have been the most adopted strategies by major players from 2018 to 2020, which helped companies innovate their offerings and broaden their customer base.
A prominent player in the EdTech and smart classrooms market, Apple focuses on inorganic growth strategies such as partnerships, collaborations, and acquisitions. For instance, in August 2021 Apple launched Mobile Student ID through which students will be able to navigate campus and make purchases using mobile student IDs on the iPhone and Apple Watch. In July 2020 Apple partnered with HBCUs to offer innovative opportunities for coding to communities across the US. Apple deepened the partnership with an additional 10 HBCUs regional coding centers under its Community Education Initiative. The main objective of this partnership is to bring coding, creativity, and workforce development opportunities to learners of all ages. Apple offers software as well as hardware to empower educators with powerful products and tools. Apple offers several applications for K-12 education, including Schoolwork and Classroom. The company also offers AR in education to provide a better learning experience. Teaching tools helps to simplify teaching tasks with apps that make the classroom more flexible, collaborative, and personalized for each student. Apple has interactive guide that makes it easy to stay on task and organized while teaching remotely with iPad. The learning apps helps to manage schedules and screen time to minimize the distractions and also helps to create productive learning environments and make device set up easy for teachers and parents. Apple has various products, such as Macintosh, iPhone, iPad, wearables, and services. It has an intelligent software assistant named Siri, which has cloud-synchronized data with iCloud.
Blackboard has a vast product portfolio with diverse offerings across four divisions: K-12, higher education, government, and business. Under the K-12 division, the company offers products such as LMS, Synchronous Collaborative Learning, Learning Object Repository, Web Community Manager, Mass Notifications, Mobile Communications Application, Teacher Communication, Social Media Manager, and Blackboard Ally. Its solutions include Blackboard Classroom, Collaborate Starter, and Personalized Learning. Blackboard’s higher education division products include Blackboard Learn, Blackboard Collaborate, Analytics for Learn, Blackboard Intelligence, Blackboard Predict, Outcomes and Assessments, X-ray for Learning Analytics, Blackboard Connect, Blackboard Instructor, Moodlerooms, Blackboard Transact, Blackboard Ally, and Blackboard Open Content. The company also provides services, such as student pathway services, marketing, and recruiting, help desk services, enrollment management, financial aid and student services, engagement campaigns, student retention, training and implementation services, strategic consulting, and analytics consulting services. Its teaching and learning solutions include LMS, education analytics, web conferencing, mobile learning, open-source learning, training and implementation, virtual classroom, and competency-based education. Blackboard also offers campus enablement solutions such as payment solutions, security solutions, campus store solutions, and transaction solutions. Under the government division, it offers solutions such as LMS, registration and reporting, accessibility, collaboration and web conferencing, mass notifications and implementation, and strategic consulting. The company has launched Blackboard Unite on April 2020 for K-12. This solution compromises a virtual classroom, learning management system, accessibility tool, mobile app, and services and implementation kit to help emote learning efforts.
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Upcoming ISG Provider Lens™ reports will evaluate service providers helping enterprises and public agencies modernize operations with Oracle applications and cloud technologies
Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining service providers that help enterprises and U.S. public sector agencies take advantage of Oracle enterprise software and cloud infrastructure technology.
The study results on Oracle ecosystem services for enterprises will be published in a comprehensive ISG Provider Lens™ report, called Oracle Ecosystem 2022, scheduled to be released in December. The report will cover companies offering services including consulting, implementation, integration and managed services. At the same time, ISG will publish the U.S. Public Sector Oracle Ecosystem 2022 report, covering providers with experience in developing and supporting Oracle solutions for public sector entities in the U.S.
Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm&CloseCurlyQuote;s buy-side clients.
Enterprises worldwide have responded to the disruptions of the COVID-19 pandemic by speeding up strategies to integrate business systems, automate workloads and enhance core business functions. Amid the pandemic, public agencies in the U.S. have faced growing pressure to reduce costs and better serve constituents while operating under specific constraints that most companies do not face.
“Oracle is at the center of enterprise software transformation, including migration to the cloud,&CloseCurlyDoubleQuote; said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Oracle partners are critical to companies and public agencies that want to benefit from Oracle&CloseCurlyQuote;s latest technologies.&CloseCurlyDoubleQuote;
The enterprise software industry, including giants like Oracle, has fast-tracked modernization of its products in response to these needs. Oracle&CloseCurlyQuote;s service provider partners help clients achieve their business goals using modern software enhanced with AI, machine learning and cloud capabilities. Oracle continues to invest in its partners by providing training programs and expanding their expertise, including enabling them to build customized solutions for business-specific challenges.
For the Oracle Ecosystem study, ISG has distributed surveys to more than 100 Oracle service providers. Working in collaboration with ISG&CloseCurlyQuote;s global advisors, the research team will produce three quadrants representing the digital services and products the typical enterprise is buying, based on ISG&CloseCurlyQuote;s experience working with its clients. The three quadrants are:
Geographically focused reports from the study will cover the global Oracle services market and examine products and services available in the U.S., Brazil and Germany. ISG analysts Arun Kumar Singh, Meenakshi Srivastava, Elaine Barth, Gabriel Sobanski and Ulrich Meister will serve as authors of the report.
A list of identified providers and vendors and further details on the study are available in this digital brochure.
For the U.S. Public Sector study, ISG has distributed surveys to approximately 50 providers of Oracle services to public sector clients in the U.S. The three quadrants are:
A report will cover relevant services available in the U.S. public sector. ISG analysts Phil Hassey and Meenakshi Srivastava will serve as authors of the report.
A list of identified providers and vendors and further details on the U.S. public sector study are available in this digital brochure.
Providers not listed in either brochure can contact ISG and ask to be included in the studies.
All 2022 ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures genuine enterprise experience with specific provider services and solutions, based on ISG&CloseCurlyQuote;s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world&CloseCurlyQuote;s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry&CloseCurlyQuote;s most comprehensive marketplace data. For more information, visit www.isg-one.com.
Doha: Hamad Medical Corporation’s (HMC) Mental Health Service was recently announced as a joint winner of the Oracle Cerner ‘Achievement in User Experience’ award during the awards ceremony at the Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
The ‘behavioural health implementation with first Middle East Behavioural Health Essential Clinical Dataset’ project was recognized for focusing on specialized documentation for mental health patients, with a key focus on patient confidentiality.
The award was collected by Dr. Raed Amro, Assistant Executive Director of the Mental Health Service at the MHS on behalf of HMC: “Mental health records fall within general protected health information, therefore, we were desparate to enhance the process of recording patient data in the system that is both efficient and safe.”
“We collaborated with the Oracle Cerner team and our in-house Health Information and Communications Technology Department in the creation of an essential data set. This was a game-changer especially for nurses to help decrease the amount of time they spend on documentation leading to more time spent with the patient. Interdisciplinary collaboration is key to developing practical solutions for typical challenges, and I am pleased with how well the Oracle Cerner team worked with our teams at HMC to develop this solution,” added Dr. Amro.
Oracle Cerner, a global healthcare technology company headquartered in the United States, celebrated the ninth annual Achievement and Innovation Awards by recognising clients across the Middle East and Africa region for their most rewarding healthcare technology innovations in four categories: User Experience, Patient Experience, Financial Outcomes, and Health Outcomes.
The Awards honour clients that have effectively enhanced value for their organisations, achieved outstanding patient outcomes and developed innovative healthcare programmes through health IT and the support of Oracle Cerner’s products and services. The top three shortlisted nominees and the winner for each award category were announced at the awards ceremony held during the annual Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
“The challenges that the healthcare industry has faced over the past two years given the pandemic, did not hinder the outstanding achievements and remarkable progress our client organizations have had for their staff and communities. The quality of entries received for the 2022 Achievement and Innovation Awards was a true testament to the diligent work by the leadership, care teams, and IT staff to help elevate the healthcare experience in their respective countries,” said Alaa Adel, senior vice-president, Cerner International managing director. “We look forward to continuing supporting the journey of advancing healthcare together with our visionary client leadership.”
The annual Middle East and Africa Collaboration Forum is a knowledge-sharing event designed for Oracle Cerner client healthcare leaders, clinicians, and IT professionals. More than 170 senior healthcare representatives from various organizations and hospitals attended this year.
Hamad Medical Corporation's (HMC) Mental Health Service was recently announced as a joint winner of the Oracle Cerner 'Achievement in User Experience' award during the awards ceremony at the Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
The 'behavioral health implementation with first Middle East Behavioral Health Essential Clinical Dataset' project was recognized for focusing on specialized documentation for mental health patients, with a key focus on patient confidentiality.
The award was collected by Dr. Raed Amro, Assistant Executive Director of the Mental Health Service at the MHS on behalf of HMC: "Mental health records fall within general protected health information, therefore, we were desparate to enhance the process of recording patient data in the system that is both efficient and safe."
"We collaborated with the Oracle Cerner team and our in-house Health Information and Communications Technology Department in the creation of an essential data set. This was a game-changer especially for nurses to help decrease the amount of time they spend on documentation leading to more time spent with the patient. Interdisciplinary collaboration is key to developing practical solutions for typical challenges, and I am pleased with how well the Oracle Cerner team worked with our teams at HMC to develop this solution," added Dr. Amro.
Oracle Cerner, a global healthcare technology company headquartered in the United States, celebrated the ninth annual Achievement and Innovation Awards by recognizing clients across the Middle East and Africa region for their most rewarding healthcare technology innovations in four categories: User Experience, Patient Experience, Financial Outcomes, and Health Outcomes. The Awards honor clients that have effectively enhanced value for their organizations, achieved outstanding patient outcomes and developed innovative healthcare programs through health IT and the support of Oracle Cerner's products and services. The top three shortlisted nominees and the winner for each award category were announced at the awards ceremony held during the annual Oracle Cerner Middle East and Africa Collaboration Forum in Dubai.
The annual Middle East and Africa Collaboration Forum is a knowledge-sharing event designed for Oracle Cerner client healthcare leaders, clinicians, and IT professionals. More than 170 senior healthcare representatives from various organizations and hospitals attended this year.
By Khalid Aziz
ISLAMABAD, Aug. 4 (Gwadar Pro)- The Sindh government has confirmed to issue a Letter of Intent (LoI) to Oracle Power Plc for its 1,200 megawatts wind and solar power plant and a 400 MW green hydrogen project in the Thatta district of the province.
The letter, issued by the Sindh Directorate of Alternative Energy, stated that it will issue LoI for the project subject to a performance guarantee by Oracle Energy Ltd., a joint venture of Oracle Power with Shaikh Ahmed Dalmook Al Maktoum, a member of the Royal Family of Dubai.
Oracle Power has signed a non-exclusive cooperation agreement with the Power China Int'l Group for the implementation of the project. Power China has already carried out a preliminary technical study to establish key technical and commercial contours of the project to produce green hydrogen with electrolyzers powered by photovoltaics and wind energy in Pakistan.
Oracle has also signed a non-binding MoU with Jiangsu Guofu Hydrogen Energy Equipment Co. for exploring hydrogen storage and refueling infrastructure facilities as part of the project.
Under the MoU, both parties will jointly investigate hydrogen storage solutions to facilitate the delivery of hydrogen to the international markets including South Korea, Japan, China, and Europe, Oracle said. Jiangsu Guofu will offer its hydrogen refueling solutions for both light- and heavy-duty applications, it added.
The project aims to deploy 700 MWs of solar power, 500 MWs of wind energy, and 450 MWs of battery energy storage capacity to power the proposed 400 MWs green hydrogen plant.This article originally appeared on Gwadar Pro.
NEW DELHI: Technology major Oracle Corp. is witnessing strong growth in its cloud business in India driven by digital innovation in the banking, financial services and insurance (BFSI) sector, public sector initiatives, and small and medium business (SMBs).