Oracle Corp Stock Price, News & Analysis

Memorial Health System (MHS) has partnered with InVita Healthcare Technologies, Oracle Health, and the Mississippi Organ Recovery Agency (MORA) to digitize and streamline organ and tissue donor referrals in Mississippi. The collaboration launched the iReferral℠ platform at two MHS facilities on May 1, 2024. This technology allows clinical users of the Oracle Health Electronic Health Record system to electronically refer potential donors to MORA's iTransplant℠ system, replacing the manual telephonic process. The aim is to save time, enhance compliance with federal regulations, and improve patient care.

Seema Verma, Oracle Health's executive VP, emphasized the importance of automating donor referrals to save lives. The implementation is expected to maximize the impact on patients awaiting transplants, supported by MORA's Director of Hospital Development, Haratio Keys, and InVita's Chief Product Officer, Wade Liu.

Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Warehouse Management Systems for the ninth consecutive year, recognized for its Ability to Execute and Completeness of Vision. The accolade highlights Oracle's robust product capabilities, investment in innovation, and customer success.

Oracle Warehouse Management, part of Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), offers a single platform to manage warehouse operations and fulfillment in the cloud, leveraging AI innovations to maximize order fulfillment, reduce costs, and enhance real-time visibility.

Key features include omnichannel fulfillment, warehouse automation integration, real-time visibility, and workforce productivity tools. Oracle has also been named a Leader in other Gartner Magic Quadrant reports for Supply Chain Planning and Transportation Management Systems.

Oracle Hospitality has signed an agreement with Choice Hotels International to offer its AI-powered Oracle Nor1 merchandising solution to Choice's portfolio of upscale hotels. This tool aims to increase revenue through targeted upselling, enhancing guest experiences via their mobile app and digital marketing channels. Properties using Nor1 eStandby Upgrade have seen a 17% increase in upsell revenue per transaction over booked rates. The solution will be available across Choice's upscale hotels, including Radisson Blu and Cambria, regardless of the existing property management system. This partnership aims to provide personalized guest experiences, leading to increased satisfaction and loyalty.

Oracle is increasing its research and development (R&D) investments in Morocco by expanding its local workforce to 1,000 IT professionals to develop cloud and AI solutions for global export. The partnership between Oracle and the Government of Morocco aims to accelerate the development of cutting-edge technologies to address global customer challenges. This initiative aligns with Morocco's strategic vision for youth innovation and creativity, positioning the country as a regional digital hub.

Oracle has been named a Leader in the IDC MarketScape for Utilities CIS and Billing Solutions 2024, recognized for excellence in customer management, demand response, and programs for -income consumers. The company offers modern, flexible options for utilities, including integrated customer engagement, C&I sales, energy management, and advanced analytics. Oracle's future-focused analytics and AI capabilities help utilities streamline operations and reduce costs.

Oracle introduces a new AI-powered upskilling solution, Oracle Grow for Business Leaders, within Oracle Cloud HCM to help organizations drive employee and business growth. This solution supports employee development, strengthens organizational agility, and empowers business leaders to align upskilling with business outcomes. It includes features like Leadership-Driven Role Guides, Centralized Leader Dashboard, Enhanced Workforce Transparency for Strategic Roles, Innovative Internal Mobility, and Skills Aggregation Platform.

Oracle announced plans for Oracle Code Assist, an AI code companion to help developers boost velocity and enhance code consistency. Powered by large language models, the tool will be optimized for Java, SQL, and application development on OCI, providing context-specific suggestions tailored to an organization's best practices. Oracle Code Assist aims to automate routine tasks, improve code quality, and accelerate the software development life cycle.

Oracle has been named a Leader in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions for Oracle Fusion Cloud Supply Chain Planning, showcasing its Ability to Execute and Completeness of Vision for the second consecutive year. The company's investment in intelligent automation, industry-specific planning capabilities, and commitment to customer success have been highlighted. Oracle Supply Chain Planning, part of Oracle Fusion Cloud Supply Chain and Manufacturing, utilizes machine learning and AI to enhance demand planning, manage supply, and streamline stakeholder actions to meet business objectives.

Red Hat, Inc. and Oracle announced the general availability of Red Hat OpenShift on Oracle Cloud Infrastructure (OCI) Compute VMs, combining the leading hybrid cloud application platform with the leading distributed cloud. Customers can now run Red Hat OpenShift on OCI, supported by validated configurations and transparent support agreements.