Oracle Corp Stock Price, News & Analysis

Oracle has launched specialized supply chain solutions within its Fusion Cloud SCM to support healthcare organizations in enhancing patient care. The new solutions address challenges such as unpredictable supply and demand, optimizing planning, and reducing administrative costs. Key features include improved equipment delivery tracking, enhanced planning capabilities, and streamlined procurement processes. Oracle's initiative aims to provide healthcare organizations with the tools necessary for a reliable supply chain, ultimately impacting patient outcomes positively.

Oracle has launched specialized HR solutions within Oracle Cloud HCM aimed at helping healthcare organizations enhance staff support and improve patient care globally. These solutions facilitate talent attraction, skills development, cost reduction, and productivity enhancement. Features like Oracle Dynamic Skills and AI-driven tools in Oracle ME allow healthcare providers to meet evolving staff needs while managing operational challenges such as high administrative costs and skill shortages. The comprehensive cloud-based platform aims to connect HR processes, providing a single source of truth for workforce management.

Oracle has launched the Oracle Recruiting Booster, enhancing the Oracle Fusion Cloud HCM to assist HR teams in improving candidate engagement and accelerating recruiting processes. Designed to meet evolving candidate expectations in a competitive job market, the solution offers features like two-way messaging, interview management, and AI-driven insights. By personalizing the hiring experience, Oracle aims to streamline candidate interactions and improve overall recruiting efficiency.

Oracle has enhanced Oracle Unity by adding 15 new AI models to its Customer Data Platform. These models are designed to help businesses in various industries, including automotive, healthcare, and financial services, personalize customer interactions by providing predictive insights and recommendations. For instance, automotive brands can leverage models for Next Best Action, while healthcare companies can fine-tune pricing strategies. All new capabilities are available to Oracle Unity customers as of October 19, 2022.

Oracle has launched a new Asset-Based Service solution aimed at enhancing service efficiency for high-tech and manufacturing sectors. This service integrates with Oracle Fusion Service and Oracle Fusion Cloud SCM, streamlining operations to minimize asset downtime. Key features include proactive monitoring, automated field service, and depot repair automation, helping companies reduce costs and improve customer satisfaction. Continuous innovation is ensured through Oracle's self-updating platform.

VodafoneZiggo, a leading Dutch telecom provider, is transitioning its finance, HR, and supply chain systems to Oracle Fusion Cloud Applications Suite. The implementation, supported by Accenture and Profource, aims to improve operational efficiency by consolidating business processes onto a unified data platform. With over seven million customers, this move enhances VodafoneZiggo's agility and responsiveness in a rapidly evolving digital landscape. Oracle's EVP, Cormac Watters, emphasizes the suite's ability to support continuous innovation and operational improvements.

Oracle and NVIDIA have announced a multi-year partnership to enhance Oracle Cloud Infrastructure (OCI) with a significant increase in NVIDIA GPU capacity, including A100 and H100 models. This collaboration aims to facilitate AI adoption across various industries by providing advanced computing solutions and software tools for accelerated computing and AI workflows. Key offerings include NVIDIA AI Enterprise and RAPIDS™ for data processing. The partnership underscores the shift towards cloud-first AI strategies, benefiting enterprises in sectors like healthcare, manufacturing, and telecommunications.

Melissa & Doug has selected Oracle Cloud to enhance its global operations and automate business processes, aiming to reduce costs and meet rising demand for its sustainable toys. By implementing Oracle Fusion Cloud Applications Suite, the company has improved financial planning, supplier management, and increased efficiency. With over 70 million toys sold annually, this transformation supports Melissa & Doug's commitment to sustainability and innovation. The integrated platform also allows for continuous updates, enhancing operational insights and growth potential.

HSBC has announced a multi-year agreement with Oracle to migrate and upgrade select database systems to Oracle Exadata Cloud@Customer. This partnership aims to enhance HSBC's operational management, enabling the bank to leverage cloud automation while maintaining data control. The deployment will assist in scaling mission-critical services and advancing HSBC's digital transformation efforts. This collaboration not only supports faster product development but also strengthens security and availability across its technology infrastructure.