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https://killexams.com/exam_list/OracleKillexams : Oracle, fear and loathing
With Oracle CloudWorld in Las Vegas kicking off, the on-going battle with third party support provider Rimini Street is once again making the news. On October 10th Oracle said it had informed the court that it is prepared to proceed with a bench trial “because it is the most efficient path to ending Rimini’s illegal conduct, including its longstanding and continuing violations of Oracle’s copyrights.”
Oracle offers three support stages for its enterprise software, tools and databases: Premier Support, Extended Support, and Sustaining Support. In Oracle’s words, these “deliver maximum value by providing you with rights to major product releases so you can take full advantage of technology and product enhancements.”
Premier Support provides a standard five-year support policy for Oracle Technology products; Extended Support provides for an additional three years, and Sustaining Support is indefinite technical support.
In its Magic Quadrant report for cloud database management products, Gartner warned that Oracle’s on-premises products are often perceived to be expensive and difficult to manage, and customers continue to raise concerns about contract negotiations. In fact, Oracle recently increased maintenance charge from 5% to 8% of the original contract value.
Fixes, updates, and critical patch updates created during Premier Support and Extended Support are the only fixes available when the product reaches Sustaining Support. One needs to question why people continue to buy support, if the only patches they are entitled to are the ones that have already been published.
The challenge for many IT leaders is that while they may wish to continue running Oracle, especially if it is part of a core system of record, such as the Oracle relational database, they are being encouraged, or worse, coerced, into upgrading. One of the big benefits of third-party support contracts is that they separate software from maintenance and support.
But Oracle contracts stipulate that technical support may not be discontinued for a single program module within a custom application bundle. In effect, buying the best Oracle deal bundle will mean the customer remains tied in to paying full maintenance fees on all products in that bundle, even if some are replaced with non-Oracle products or third party support is used.
While Oracle claims Rimini downloaded its IP illegally, customers paying Oracle for maintenance have every right to obtain fixes, patches and documentation, so long as these things remain on their own systems. What Oracle’s latest actions show is that it remains deadly serious about putting the knife into third party maintenance and support.
Wed, 12 Oct 2022 23:23:00 -0500entext/htmlhttps://www.computerweekly.com/blog/Cliff-Sarans-Enterprise-blog/Oracle-fear-and-loathingKillexams : Perficient to Demonstrate Multi-Pillar Oracle Expertise at Oracle CloudWorld 2022
Perficient, Inc.PRFT ("Perficient"), the leading global digital consultancy transforming the world's largest enterprises and biggest brands, today announced it will showcase its Oracle Analytics Cloud (OAC) and Oracle Cloud Infrastructure (OCI) expertise in a breakout session during Oracle CloudWorld 2022, taking place October 17-20 in Las Vegas.
In order to remain agile and maintain visibility into business systems, enterprises must standardize their processes and establish governance and accountancy controls. For more than 20 years, Perficient and Oracle have partnered to help clients institute efficiencies across the organization while empowering them to regain accessibility and authority of their information.
"As an organization's data grows exponentially, business leaders need powerful analytics and visualization techniques to help them better leverage that data," said Joseph Klewicki, general manager in Perficient's Oracle practice. "By deploying the right strategy and business intelligence integration, decision makers can have more accurate and timely data available at their fingertips. We are excited to share our expertise and showcase the power of Oracle Cloud at CloudWorld 2022."
Hear How Perficient Leveraged Hybrid Oracle Cloud to Achieve Cross-Platform Migration
Perficient and a multi-national hospitality group will deliver a breakout presentation at Oracle CloudWorld 2022 about how they implemented a cross-platform migration of three critical financial systems to Oracle Cloud. Representatives from the two organizations will discuss how they leveraged the organization's existing Oracle applications and modernized its business intelligence platform with OAC and OCI.
Meet with Perficient's Oracle Experts at Oracle CloudWorld 2022
"Decision makers from a cross section of industries will convene at Oracle CloudWorld to learn how they can utilize digital technologies and cloud capabilities to meet their needs," said Santhosh Nair, vice president, Perficient. "We are eager to gather with the Oracle global community to meet with business leaders to share how our expertise with Oracle platforms can solve problems and transform their business."
Perficient has two decades' of experience successfully deploying more than 3,000 client implementations using Oracle technology. With 15 Oracle specializations, an education center in Houston, and integrated IP assets, Perficient has delivered strategy and implementation for on-premises, cloud, and hybrid solutions to meet unique business needs.
Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers' expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world's largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. For more information, visit www.perficient.com.
Safe Harbor Statement
Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2022. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the real results to differ materially from those contemplated by the statements. The forward-looking information is based on management's current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. real events or results may differ substantially. Important factors that could cause our real results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2021.
Mon, 17 Oct 2022 01:47:00 -0500text/htmlhttps://www.benzinga.com/pressreleases/22/10/b29288560/perficient-to-demonstrate-multi-pillar-oracle-expertise-at-oracle-cloudworld-2022Killexams : CloudWorld 2022 - learn what’s new and next in Fusion Apps
Tech conferences are back! And my team and I are looking forward to hosting our Fusion Applications community at Oracle CloudWorld in Las Vegas – our first live event in three years! It’s going to be a fantastic opportunity to reconnect, learn from each other, discuss what’s new in our solutions, and, most importantly, work to solve some of the hardest business challenges together.
So much has changed since we last got to be together in person. We are all navigating our lives and our businesses through what suddenly feels like a very uncertain terrain. It’s impacting everything from who we decide to trust to international trade, and while we all steer through this complex web of challenges, stakeholders are holding organizations to higher standards on everything from the experiences they offer to their environmental and social impact.
Faced with all this change, customers need an integrated approach that is complete, unified, and open across every element of the value chain, but that’s just not possible with outdated and disparate systems that suffer from siloed processes and data.
We believe that there is a better way. At CloudWorld 2022, we’ll showcase how organizations can solve their most complex and strategic business and industry challenges and unlock new opportunities, with stories from partners and customers like JP Morgan, FedEx, Heathrow Airport, and many others. We also look forward to sharing all the latest from Fusion Apps, including announcements about B2B commerce, new tools for enterprise developers, healthcare innovations, and other new enhancements across the Fusion Cloud Applications Suite.
Solving today’s challenges in the cloud
Everything you need.Not all clouds are created equal. We believe a complete cloud solution spans both the applications and infrastructure to optimize business. With our apps running on Oracle Cloud Infrastructure, we believe this is a combination that delivers the performance, security, and reliability customers need for mission critical business operations, along with the monitoring required to continually Improve the performance of systems.
Perhaps that’s why almost 14,000 customers, in every industry and region of the world, run their critical business operations on Fusion Applications, spanning every business function from finance, HR, supply chain and manufacturing to sales, service, and marketing.
Innovation that matters.We’ll be showing off innovation that we believe matters to our customers and to the world at large – not just innovation for the sake of innovation. Whether it’s healthcare solutions managing inventory or scheduling critical staff, transforming B2B commerce, focusing on hybrid work environments to increase worker engagement, or helping sales teams hit their numbers with a re-engineered B2B selling experience, our goal is to help customers transform their business in ways that make an impact.
Committed to customer success. At Oracle, we know that our success is built on our customers’ success. We work to earn, and re-earn, our customers’ trust through every step of the cloud journey—from onboarding, implementation, adoption, through to success. We’re fostering a community of cloud advocates that can influence our product and their peers, many of whom will reconnect next week at CloudWorld 2022. Oracle Cloud Customer Connect is a community of more than 348,000 members representing customers and partners sharing best practices and highlighting Oracle expertise in more than 200 topic-specific discussion forums.
Join us at Oracle CloudWorld to learn more. We are living in challenging times and our vision is built on an understanding that there will always be disruption, and that organizations need applications that are designed for change. We believe our complete suite of cloud applications and infrastructure provides a strong foundation to be successful in this changing world. I hope you are able to join us at CloudWorld – either in person or online – to meet the people that build and use them.
Thu, 13 Oct 2022 21:42:00 -0500BRAINSUMentext/htmlhttps://diginomica.com/cloudworld-2022-learn-whats-new-and-next-fusion-appsKillexams : Deloitte Launches Oracle MyCloud ERP Offering for Fast Growth and Private Companies
Offering helps organizations with accelerated, risk averse transformations by providing access to Oracle products, implement and support for a predictable monthly fee
NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Deloitte today announced the launch of its Oracle MyCloud ERP offering that can help fast growth and private clients accelerate business transformation enabled by Oracle's modern integrated SaaS Cloud platform. Backed by Deloitte's proprietary industry accelerators and methodologies, the offering helps organizations to get up and running quickly on an Oracle Cloud platform while eliminating the barriers of talent constraints and high upfront costs, which are often associated with ERP implementations. The bundled subscription offering allows organizations to access Oracle Cloud products as well as Deloitte implementation and support services for a consistent monthly fee. This enables companies that are focused on growth to manage their cash flows and to continue to allocate their limited time and resources toward expansive activities.
"We are pleased to have the opportunity to use Deloitte intellectual property and knowledge to serve growth and private clients as they scale and drive their businesses forward. This offering demonstrates our commitment to this market and our desire to assist the leaders of tomorrow," said John Steele, U.S. Oracle offering leader and principal, Deloitte Consulting LLP.
For those interested in exploring Cloud ERP™ further, the starting place is a TruNorth Assessment. A quick, collaborative and effective approach that takes approximately three weeks. Deloitte helps prospects to envision the desired future state, identify transformation opportunities, and develop strategies and roadmaps for the journey.
Experience Deloitte's MyCloud firsthand Deloitte is pleased to be the Global Sponsor of Oracle CloudWorld in Las Vegas, Oct. 17-20, 2022. This new global conference will bring people together to share ideas, develop in-demand skills and learn about cloud infrastructure and applications. Connect with Deloitte professionals at the CloudWorld Hub and attend a theatre presentation on MyCloud ERP enabled by Oracle Cloud.
About Deloitte Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 415,000 people worldwide connect for impact at www.deloitte.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by certain ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Mon, 10 Oct 2022 02:28:00 -0500entext/htmlhttps://markets.businessinsider.com/news/stocks/deloitte-launches-oracle-mycloud-erp-offering-for-fast-growth-and-private-companies-1031793401Killexams : Alithya's dedicated Oracle Practice completes seven Oracle Cloud HCM Go Lives in 2022
Successful implementations completed for major healthcare networks
ALPHARETTA, Ga., Oct. 4, 2022 /CNW Telbec/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) ("Alithya") proudly announces the successful completion of seven Oracle Cloud Human Capital Management (HCM) project go lives this year, reflecting the continued strong performance of the company's dedicated Oracle practice. The seven completed implementations focused on the digital transformation of critical processes including payroll, performance, and other core human resources solutions, laying the foundations for future growth and efficiency.
Alithya's reputation as a trusted advisor for the implementation of Oracle Cloud solutions that connect and transform organizations continues to grow, with more than 3,500 Oracle ERP, EPM, HCM, SCM, and Analytics projects completed to date for more than 1,200 customers. Alithya's Oracle Cloud HCM implementation team relies on deep HR experience to guide clients on their journeys to Improve human resources, talent and workforce management, payroll, and HCM analytics processes.
Quote by Mike Feldman, Senior Vice President, Oracle Practice at Alithya:
"The completion of seven Oracle Cloud HCM projects so far in this calendar year is a significant achievement, particularly in a challenging economic climate. These implementations, as well as numerous Oracle Cloud ERP and EPM implementations, reflect the level of trust that our clients place in Alithya's unparalleled Oracle expertise in enterprise business application deployment."
Alithya is a trusted North American leader in strategy and digital transformation, employing a dedicated and highly skilled workforce of 3,900 professionals in Canada, the United States and internationally. Alithya's strategy is based on a plan of accelerated organic growth and complementary acquisitions to create a global leader. The company's integrated offer is based on four pillars of expertise: business strategies, enterprise cloud solutions, application services, and data and analytics.
About the Alithya Oracle Practice
Combining implementation and advisory services, Alithya's dedicated Oracle Practice helps customers manage their organizations more efficiently by connecting financial, operational, human resource, and supply chain planning across all business levels. Alithya has been a certified Oracle Partner for 25 years, and the Practice is supported by more than 300 certified consultants and multiple Oracle ACEs. Alithya also contributes in an advisory role to the Oracle Product Development team. In 2022, Alithya was named an Oracle Partner of the Year finalist for the Game Changer Award for ERP/EPM Service Delivery.
Oracle NetSuite is an enterprise resource planning (ERP) platform that comes with a robust financial management solution.
Its pricing is customized for each user based on the needs and circumstances of your business.
Oracle NetSuite is ideal for midsize businesses, manufacturers and companies that need advanced features.
This article is for entrepreneurs considering implementing Oracle’s NetSuite ERP platform as their financial management and accounting solution.
As your business grows, you may invest in a greater number of software solutions to keep your operations moving forward. Businesses that reach this point often find it’s easiest to streamline all of their systems ‒ including accounting and financial management ‒ into one convenient enterprise resource planning (ERP) platform like Oracle NetSuite.
Invoicing and bill pay
As part of its robust ERP offering, Oracle NetSuite offers an intuitive cloud financial management solution that allows businesses to track their financial data and automate many essential accounting functions. Like any highly-rated accounting software, it offers reporting, planning, and billing features and easily integrates with other software, including Oracle’s suite of business solutions. It can also be used seamlessly with multiple currencies, so it’s a great option for growing companies with a global customer base.
If your business wants to expedite its accounts receivable and payable, accelerate deal closings, and keep up with financial compliance obligations, while taking advantage of a full suite of powerful business management features, Oracle NetSuite is an ideal accounting solution within an ERP platform.
Oracle NetSuite Summary
$999 per month
Invoicing and payments
No. of clients supported
Because they can perform a wide range of complex business management functions, ERP platforms are typically priced on a custom basis. Factors such as business size, annual revenue and desired features all affect the cost of the software. Oracle NetSuite is no different, and to get an accurate price estimate, you’ll need to contact an Oracle sales representative. The sales rep will walk you through all the available features of the platform, including inventory management, financial management, point of sale, customer relationship management (CRM) and human capital management software
Based on our research, Oracle NetSuite pricing includes a $999 monthly licensing fee, plus a per-user fee that starts at $99 a month. While this base price can be used as an estimate, your costs may vary significantly depending on your specific business needs.
Because of its high price point, Oracle NetSuite is likely not well suited for a smaller business with simple accounting and bookkeeping needs. However, if your business is growing internationally and you anticipate needing an ERP platform to manage everything, this can be an excellent accounting solution that sets you up for financial success as your company grows. Thanks to NetSuite’s integrated ecosystem, you can save time and money that would otherwise be spent managing multiple software solutions from different vendors.
Key takeaway: Oracle NetSuite’s price varies depending on the different software modules required, the size of your business, its annual revenue and the number of orders your company processes.
Oracle NetSuite’s financial management solution offers a wide range of useful accounting features. Here’s more about how NetSuite can help growing businesses:
Finance and Accounting
With Oracle NetSuite, your business can seamlessly combine its core finance and accounting functions with strong compliance management. This ERP’s financial management solution offers real-time access to your financial data to help you drill into important details, resolve delays, and generate compliance statements and disclosures for your stakeholders.
NetSuite provides the following basic accounting functions to streamline and simplify your financial processes:
Whether your business operates on a transaction, subscription, usage-based or hybrid model, Oracle NetSuite can help you manage your billing operations. It fully integrates into the platform’s advanced revenue management and compliance functions.
Businesses with financial reporting obligations can use NetSuite to easily comply with accounting standards, including ASC 605, 606 and IFRS 15. Using the platform’s rule-based event-handling framework, you can easily automate numerous revenue management and reporting functions, such as forecasting, allocation, recognition, reclassification and auditing.
Financial Planning and Reporting
NetSuite’s planning, budgeting and forecasting functions allow your business to plot out its financial future based on real-time analytics. Use your business data to forecast revenue, plot out what-if scenarios and develop accurate budgets. Oracle’s powerful reporting and analytics tools also allow you to gain a more complete picture of your business at any time to make better informed decisions about your finances.
Global Account Management and Consolidation
If your business plans to expand its borders and go global, you need a financial management solution that helps you manage your international transactions and compliance obligations. Oracle NetSuite’s powerful financial engine gives you maximum transparency and visibility into your business across countries and in real time so you can manage your operations at the local and global level.
To make it easier to run an international business, NetSuite offers a variety of language interfaces to overcome language barriers and a multicurrency management system that supports over 190 different forms of currencies and automatically accounts for the current exchange rate for real-time conversion.
Governance, Risk and Compliance
With Oracle NetSuite, your business will always be audit-ready. This ERP platform supports your company’s governance, risk, and compliance (GRC) programs so you can handle increasingly complex regulatory, operational, and compliance challenges as you scale.
The platform can also establish a sustainable risk management and compliance process for your company so you can anticipate major risks before they happen.
Oracle NetSuite offers seamless integration with all its ERP solutions and integrates with many leading business software providers. If you use other vendors to manage your operations, you can use NetSuite’s open APIs to introduce new integrations.
To take advantage of these integrations, businesses can hire a NetSuite dedicated implementation team for an additional fee. The team not only helps set up the ERP platform itself, but also assists with any additional integrations and project management planning.
Want to use Oracle NetSuite as part of a larger ERP solution? Your financial management processes will integrate seamlessly with Oracle’s full suite of products. This is helpful if you’re trying to gain a more holistic view of your business’s financial transactions, budgets and forecasts.
Here are a few additional useful functions you’ll find within Oracle NetSuite.
Stay on top of your warehouse ordering. This solution helps you ensure ideal quantities of each item you sell by automatically analyzing historical sales and logistics data. NetSuite can determine the best reordering time frame for each product and replenish stock to an optimal threshold when it runs low.
NetSuite helps companies with every sales or work order while providing real-time visibility into every step of the production process. This ERP’s end-to-end manufacturing software solution can help you run your entire business and make better-informed decisions.
Supply Chain Management
NetSuite helps you seamlessly manage each point in your supply chain, regardless of where your physical product is manufactured or stored.
Warehouse and Fulfillment
NetSuite helps businesses with inbound logistics, outbound logistics, and inventory management, streamlining your warehousing operations and helping you minimize costs for on-time delivery. The built-in warehouse management solution enables you to manage your distribution operations using customized user-defined strategies and advanced real-time updates and integrations.
With Oracle NetSuite, it’s easy to purchase goods and services for your business quickly and at the best prices. Real-time information helps you better understand your company spend and vendor performance while automation and workflow integrations deliver a more accurate procure-to-pay process.
Human Capital Management
Manage your team and your human resources processes with NetSuite’s HCM solution, SuitePeople. This solution allows you to streamline employee onboarding and information collection for new hires while also giving visibility into your workforce operations.
Did you know? Oracle NetSuite offers several key tools that are critical for financial management, including basic accounting functions, billing, revenue recognition, planning and reporting, GRC, and more.
Oracle NetSuite Pros
For growing international businesses, Oracle NetSuite offers a robust, all-in-one ERP solution that puts your most valuable business data into a single platform. NetSuite’s full product suite allows your organization’s various departments and systems to operate harmoniously and in real time so every person in your company is always up to date.
Key takeaway: Oracle NetSuite provides just about every feature you could want in an ERP, allowing for a seamless single solution for managing all your operations.
Oracle NetSuite Cons
In terms of accounting software, NetSuite may be prohibitively expensive for smaller businesses. Additionally, it may offer far more functionality than your business needs at this point in its growth, and you don’t want to pay for features you’ll never use.
Ultimately, NetSuite is ideal for midsize and large businesses operating a complex operation, as this ERP solution performs best when all of the modules are used in conjunction with one another.
Oracle NetSuite delivers top-notch customer service across its entire ERP platform, including its financial management solution. The company’s educational resources give users the opportunity to learn about NetSuite’s full range of products and stay updated on any new features or capabilities.
NetSuite offers 24/7, real-time support for industries via phone, email and a built-in chatbot on its website. The automated chat functionality can answer simple FAQs or connect you with a customer service representative.
Key takeaway: Oracle NetSuite’s customer service is on a par with what you would expect from a world-class ERP solution, so you can count on being able to find answers to your questions and concerns.
Mon, 10 Oct 2022 12:01:00 -0500entext/htmlhttps://www.businessnewsdaily.com/oracle-netsuite-review.htmlKillexams : Oracle Lays Off 201 Employees In California
The cuts affected workers at Oracle offices in Redwood City, Calif., home to the tech giant’s former headquarters. The jobs that were affected included data scientists, application developers, marketing certified and software developers.
The Austin, Texas company cut 201 jobs in total on Oct. 3 from its Redwood City, Calif. office, according to its Worker Adjustment and Retraining Notification (WARN) filed in California. The job cuts took effect Oct. 3 and was received by the California Employment Development Department Sept. 30, according to the WARN.
In a letter to the state obtained by CRN, Oracle said the layoffs would be permanent and said that its Redwood Shores campus would not be closing as a result of the job cuts. Oracle formerly housed its headquarters in Redwood City, but moved it to Austin at the end of 2020.
Among the jobs cut in this round, according to the Aug. 4 letter to the state from Anje Dodson, senior vice president of human resources at Oracle: data scientists, application developers, marketing certified and software developers.
CRN has reached out to Oracle for comment.
As of this past May, Oracle employed approximately 143,000 full-time employees, of which about 48,000 are based in the U.S. and the rest internationally, according to a regulatory filing.
The company is the No. 1 employer in Redwood City, Calif. with over 6,500 workers there, according to the city.
Wed, 12 Oct 2022 10:45:00 -0500entext/htmlhttps://www.crn.com/news/cloud/oracle-lays-off-201-employees-in-californiaKillexams : 4 Tech Giant Executives Resolve Four Major AI/ML Adoption Obstacles in the Enterprise
AI executives from Google Cloud, Microsoft, Oracle, and SAP sat down to debunk recurrent challenges when businesses attempt to integrate AI/ML
NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Artificial Intelligence (AI) no longer only appears in scientific textbooks but is now an evolving reality. Businesses are starting to realize how important this cutting-edge technology is as 56% of enterprises reported that there would be an AI deployment in at least one function, according to a 2021 McKinsey survey.
Yet, AI adoption is not straightforward. What are some major obstacles keeping firms from utilizing the enormous potential of this new technology?
Four AI executives from large tech corporations sat down to dissect the 4 major challenges to AI/ML adoption and offered solutions in a panel discussion during Worldwide AI Webinar 2022.
Lack of AI literacy Andreas Welsch, VP of AI at SAP pointed out that the lack of organizational AI literacy was the first challenge. Oftentimes, even top-level executives mistake AI projects for IT or data project that has a clear start and end date. Rather, AI adoption is a continuous journey that involves research, tests, and trials.
"I see that when you build AI models and solutions from scratch with the teams, a lot of times, they don't know what they don't know. [...]. And then also there is this spectrum between that excitement of what you read in the press and the fear of uncertainty within the organization." - Andreas Welsch, SAP's VP of AI
Nestor Camilo, Cloud Adoption Director at Oracle agreed with Andreas' viewpoint, adding that the journey from planning to implementation is complex and demanding, thus requiring thorough comprehension from the deployment team.
"Creating models is very easy, anybody with some Python skills and a few hours of training can copy some code and run in their machine,[...], but later when this needs to be put on production, a lot of things need to be solved, getting data from production systems, moving it securely, retrain model and of course scale, maintain a secure and high available platform, that it a lot of effort." - Nestor Camilo, Director Cloud Adoption Public Sector of Oracle
To tackle this problem, Aamar Hussain, Director of Azure Data at Microsoft, suggested not treating AI adoption as any software development project and understanding the current maturity level of the business. Assessing your organization's skillsets, budget, AI awareness, and data availability is highly recommended to ensure successful adoption.
"The nontechnological emphasis and focus are really important. Don't jump into it straight away and think that you can just switch it on and off." - Aamar Hussain, Director of Azure Data of Microsoft
Lack of strategic approach to AI adoption This second challenge was specified by Aamar. He emphasized the need for a data-centric approach and a suitable framework, methodology, and strategy. Issues identification, data governance, ethical considerations, constant AI model monitoring, and management are equally vital.
"I think it's important to understand what the real use case is and then choose the technology that's appropriate. I would say that any traditional mechanism should be broken down into what you would do with software engineering and with machine learning. So there's a segment of the problem that is easily addressable through traditional software engineering practices and best practices, and there's a segment which potentially could benefit from unlocking data. And that unlocking and activating data would be through machine learning. So if you can partition the use case into those two categories, what's traditional, what you do for scalable architecture versus what you have data for input and output data that you can then use to unlock capabilities within AML kinds of scenarios.."
Fear of the uncertain Fear is the third common problem. Andreas Welsch mentioned people's fear of losing their jobs to AI while Ali Arsanjani addressed the uncertainty of return on investment. He suggested:
"If an executive is met with some uncertain technology, unproven technology, they're probably going to push back until the value of that technology is demonstrated."
Nestor built on his point, affirming "risk of failure" is not an easy matter to overcome and offering a solution:
"We have to make it easy for companies to use ML. If you don't have the experts or the domain knowledge, democratizing IA access to the majority is a must. [...] First, we must embed ML models in our business apps [...] Then we make it easy to use your data in your production systems to train and predict without the need to do complex ETL" - Nestor Camilo, Director Cloud Adoption Public Sector of Oracle
Additionally, Andreas Welsch highlighted the importance of building the trust of business users. Explaining and informing business stakeholders of the tremendous benefits of the AI/ML system so the involved parties can start capitalizing on its potential are paramount, as declared by Andreas.
Ali Arsanjani had a different perspective. He believed that education should come first; with enough knowledge, comes the ability to weigh and make knowledge-based and experience-based evaluations, which can be used to build trust.
"To have a conversation on the adoption of technology, I would say that we need to do more in terms of not just trying to convince, but invest in education and upskilling; then we can have more aligned conversations with someone. If they're in a completely different frame of mind and a completely different knowledge base, there is almost no way we can convince them."
Nestor Camilo seconded Ali's opinion, saying that providing formal AI training is crucial as "you can do a lot better if they know what you are talking about."
Aamar Hussain discussed how education can impact the culture in a positive way. He considered that culture held a critical role in the conversation. You can either have a dialogue where leaders force people to follow or you can have a culture in which the leader brings people on board with education and reinforcement.
Cultural barriers The last major challenge is cultural barriers, or as Ali Arsanjani put it, "resistance to change". Aamar Hussain further noted that some executives tend to stick with the way things have been done for years. It often takes some persuasion before they see that adopting new processes will be worth the overall gains they will bring.
He also spoke highly about executives being prime examples for their followers. You can't preach about sustainability and be one of the main sources of CO2 emissions. The advocate for change and new technology adoption must be the change themselves.
Ali Arsanjani proposed a possible solution to this problem:
"So starting out small, using projects that are demonstrating key performance indicators that can be enhanced. So something that someone cares about. If I come to you with some proposition and you don't really care about that proposition or it's not really aligned with your business objectives, it's not going to be important. But if it is, you will listen. And if there's a project that will pinpoint some advancement in that area, you're going to tend to listen to it more. And then the next phase of maturity there would be the education and adoption and documentation of the practices, automation of the practices, gathering data on the tasks that have been done and then continuous improvement."
All in all, the four speakers agreed that the best ways to tackle some major AI/ML adoption challenges in enterprises are understanding business needs, identifying the organizational concerns and seeing how the new technologies can help, bringing everybody on board with your journey, and decreasing the risk of disinformation and misinformation. Most importantly, businesses can achieve transformational development by anticipating adoption barriers and adopting a strategic AI implementation using the maturity model described by Ali.
"With a business-driven machine learning MVP you can convince reluctant people that AI is mature for a lot of business use cases and don't try to do moon shoot project first, but baby steps that generate a lot of value and confidence" - Nestor Camilo, Director Cloud Adoption Public Sector of Oracle
The webinar details
Worldwide AI Webinar is a purely-educational global AI conference hosted by Wow AI. The 2022 edition of this event featured over 20 top AI experts and thought leaders from international tech giants and global corporations, as well as government agencies.
Check out Wow AI's website, YouTube, and LinkedIn channels to rewatch Worldwide AI Webinar 2022 and learn more from top-industry AI experts.
Mon, 10 Oct 2022 03:30:00 -0500entext/htmlhttps://markets.businessinsider.com/news/stocks/4-tech-giant-executives-resolve-four-major-ai-ml-adoption-obstacles-in-the-enterprise-1031793245Killexams : Wellsheet Introduces EHR Workflow Relief to Increase Efficiency During Critical Nursing Shortage
KANSAS CITY, Mo., Oct. 17, 2022 (GLOBE NEWSWIRE) -- ORACLE CERNER HEALTH CONFERENCE -Wellsheet Inc., the leading Smart EHR UI provider reducing physician burnout and increasing Electronic Health Record (EHR) efficiency and usability, introduced Virtual Nursing Station, built specifically for nursing workflows to optimize patient care, efficiency and job satisfaction of nursing staff.
"High rates of clinician burnout and worker turnover have resulted in an unsustainable nursing shortage that is impacting patient care and is reflected in the financial losses reported by health systems, which can't cut their way to profitability or higher quality care. They must invest in technology that provides greater efficiency and brings costs down," said Craig Limoli, CEO and founder of Wellsheet.
"Virtual Nursing Station is a cross-functional team collaborative care solution built for nurses, care managers and providers, which increases EHR efficiency and breaks down silos between nurses and providers. VNS enables multidisciplinary care teams to work together within the EHR with immediate access to the latest content on nursing activity and planning, including easy access to each other's notes, recommendations, and real-time notifications to speed care delivery. Faster access to data equates to faster treatment plans and ultimately shorter lengths of stay (LOS)," continues Limoli.
Nursing staff will also have access to an elevated collaboration space where care managers can raise immediate focus to key information on patients and their care plans, which are traditionally buried deep within the EHR. VNS was built in collaboration with healthcare providers and is currently in deployment.
Wellsheet elevates the most relevant data from a Cerner, Epic or athenahealth Electronic Health Record (EHR) based on a clinician's specialty and workflow habits, and prioritizes clinical content and serves it up in a single screen. It assembles the right information in a predictive, intuitive and customizable workflow that allows providers to quickly arrive at the correct clinical insights without compromising the provider-patient interaction. Wellsheet's Smart EHR UI is embedded within the EHR and gives providers, nurses and care managers the ability to understand what needs to be done without compromising the provider-patient interaction, enabling clinicians to make more informed decisions and reduce errors. And Wellsheet's architectural redundancy enables care teams to access patient data and communicate a plan of care even when the EHR goes down due to a cyberattack or other IT outage.
Easy and timely access to notifications are key to the efficiency of the nursing staff, the quality of patient care and the cost savings associated with timely discharge. Examples of real-time notifications that have been embraced include:
Positive/Negative COVID-19 test: Patient is in a negative pressure room where tests sometimes take time. Fast notification allows decisions (move/discharge/etc) to happen sooner which could impact care plans and Length of Stay (LOS).
Lactate >= 4 mg/dL: Requires fast action by provider. Notification via EHR, especially mobile, is faster than critical results workflow. When notified, the provider can evaluate immediately in the context of other data and prioritize seeing the patient.
STAT test result: Clinician orders an urgent test. Notification allows the clinician to act on the result without the delay that would otherwise happen.
Pending test results: Clinician reviews a set of results, but some are still not ready. Notification allows the clinician to make decisions as soon as the picture is complete.
Modern Cloud-Based Architecture with FHIR APIs
Wellsheet uses the Fast Healthcare Interoperability Resources (FHIR) application programming interfaces (APIs), and can pull and prioritize key patient data from multiple data sources with an accelerated implementation and deployment timeline. It can deploy its Smart EHR UI in weeks, with minimal IT support time, and clinician training takes only minutes. Wellsheet especially impacts productivity for clinicians working across various sites of service in the same facility, or across different EHRs between facilities and different health systems.
Pricing and Availability
Virtual Nursing Station will be available this year for both Cerner and Epic customers and is included at no extra cost with the Wellsheet Smart EHR UI. Wellsheet will show VNS at the Oracle Cerner Health Conference (OCHC) in Kansas City, and HLTH in Las Vegas.
To learn more about how you can deploy Wellsheet's Smart EHR UI to reduce clinician burnout and Improve your bottom line:
Wellsheet's Smart EHR UI is a predictive clinical workflow platform that works within an existing EHR to surface the most relevant content for clinicians in a view that is contextualized and prioritized for their needs. It is integrated with athenahealth, Cerner and Epic to reduce a physician's time in the EHR, reducing physician burnout, length of stay, and improving the quality of patient care. According to Cerner Lights On Reporting, Wellsheet reduced time in the EHR by 40%. Wellsheet is deployed in enterprise-wide deals, integrated with payers, and is deployed or engaged with 2 of the largest healthcare providers in the country. Learn more at www.wellsheet.com or @Wellsheet_Inc.
Wellsheet and Virtual Nursing Station are trademarks of Wellsheet, Inc.
Mon, 17 Oct 2022 01:07:00 -0500text/htmlhttps://www.benzinga.com/pressreleases/22/10/g29287757/wellsheet-introduces-ehr-workflow-relief-to-increase-efficiency-during-critical-nursing-shortageKillexams : VirtualBox 7 remotes into Oracle Cloud
Oracle VM VirtualBox 7, the latest release of the company’s open source, cross-platform virtualization software, integrates with Oracle Cloud Infrastructure (OCI) for remote control of cloud-hosted VMs, adds support for fully encrypted VMs, enhances 3D video support, and features an automated virtual machine builder.
The upgrade was unveiled October 12. VirtualBox 7 is intended to help devops engineers and distributed teams increase productivity, easing the creation and management of VMs and removing the complexity of configuring them for the cloud. Management of multiple physical systems is also addressed in the new release.
Oracle Cloud Infrastructure integration in VirtualBox 7 enables users to centrally manage development and production VMs running either on-premises or on OCI instances using any VirtualBox-supported operating system, such as Linux, Windows, and MacOS. With a single command or button push, users can export a VM from an on-premises host and run it on OCI, or import a VM from OCI to the user’s local computer.
For management of VMs, an enhanced GUI simplifies management of VMs on OCI and on-premises devices, providing a centralized dashboard showing resources used by each VM.
An automated VM builder accelerates the time to build and run a VM by automating the creation of VMs using the unattended installation feature or open source Vagrant boxes. VMs can be brought up in less than a minute.
Full encryption of VMs uses AES 128-bit or 256-bit encryption for VM data, logs, and configuration files without impacting performance.
Enhanced 3D support in VMs using DirectX 11/OpenGL support. 3D applications can be run including conferencing and CAD.
Enhanced nested virtualization supports running VMs with Microsoft Windows 10 and Windows 11 fully virtualized, which by default require Hyper-V.
Oracle is providing a developer preview of an installer package for macOS/Arm64 systems using an Apple Silicon CPU to run some guest operating systems for Intel/AMD x86 CPUs in emulation. The preview is a work in progress and provides early access to unsupported software features. VirtualBox 6.0 arrived in December 2018.