Welcome to our dedicated page for Oracle news (Ticker: ORCL), a resource for investors and traders seeking the latest updates and insights on Oracle stock.
Oracle Corporation (ORCL) delivers cutting-edge enterprise software and cloud infrastructure solutions to organizations worldwide. This dedicated news hub provides investors and technology professionals with timely updates on Oracle’s strategic initiatives, financial performance, and product innovations.
Access official press releases and curated analysis covering earnings announcements, cloud platform developments, strategic partnerships, and leadership updates. Our repository ensures you stay informed about Oracle’s advancements in database management, AI-driven applications, and hybrid cloud solutions without needing to monitor multiple sources.
Key updates include quarterly financial disclosures, acquisitions in enterprise technology, product launches across Oracle Cloud Infrastructure (OCI), and regulatory filings. Bookmark this page for streamlined access to essential information that impacts Oracle’s market position and technological leadership.
Oracle has introduced new AI governance capabilities in its Financial Services Compliance Studio to aid financial institutions in responsibly implementing AI. These updates aim to address bias and enhance efficiency in anti-money laundering practices. Key features include a visual canvas for model building, interactive testing, model monitoring, and easy sandbox creation for business users. These advancements address the challenges of current compliance processes, which are often manual and error-prone. This partnership with PwC's Model Edge aims to ensure responsible AI usage in the sector.
Oracle has joined the IoT Community as a Diamond level corporate member and appointed Andrew Morawski to the IoT Community Advisory Board. The IoT Community is the largest group of IoT professionals, focusing on transformative technology adoption. Morawski's experience will contribute to advancing innovation in IoT deployments. Oracle will also present a keynote at the IoT Grand Slam 2021 event on December 10. This partnership aims to enhance collaboration and insights within the IoT landscape, leveraging Oracle's extensive expertise in cloud and communications.
Oracle has launched a new payroll solution, Oracle Payroll Core, designed for Intragovernmental and Nongovernmental organizations (IGOs and NGOs). This solution streamlines payroll management by allowing organizations to configure payroll flexibly, adhering to both international and local pay rules. It simplifies complex payroll operations, including multi-currency payments, and integrates seamlessly with Oracle Cloud HCM for efficient workforce management. The solution aims to reduce errors, save time, and empower employees through self-service functionalities.
Oracle has launched the Exadata X9M platforms, including the Exadata Database Machine X9M and Exadata Cloud@Customer X9M, designed to improve performance for Oracle Database operations. These platforms boost online transaction processing by over 70% and analytics SQL throughput by 87%, while reducing costs for transactional workloads by up to 42% and analytics workloads by 47%. The technology offers sub 19 microsecond latency and positions Oracle as a leader in the database management sector, with a notable reliance from the Global Fortune 100.
Oracle and Telefonica España have announced a multi-year partnership aimed at enhancing Telefonica's cloud adoption and developing new communication services. Telefonica will transition its Oracle Database systems to Oracle Exadata Cloud@Customer, creating a dedicated on-premises cloud platform.
This collaboration is part of Telefonica's initiative to streamline its technology infrastructure, enabling advanced services like IoT and 5G, while ensuring compliance with data residency regulations and reducing operational costs.
StackAdapt has announced the integration of Oracle Moat Outcomes API, enabling real-time measurement and attribution metrics for mid-market retail and consumer packaged goods (CPG) advertisers. This first-of-its-kind integration allows users to gain actionable insights to enhance marketing effectiveness. As a result, CPG ad spending is projected to increase by 11.2% in 2021, surpassing $22 billion. The integration aims to provide greater transparency in campaign performance, allowing clients to optimize their marketing strategies effectively.
BT Group has selected Oracle Communications Cloud Native Converged Policy Management to enhance its 5G service rollout. This collaboration aims to streamline the implementation of 5G services like live streaming across BT's EE mobile network, significantly reducing service testing time. With Oracle’s analytics and policy management, BT can optimize network resources and improve service quality for customers. The partnership leverages Oracle's extensive expertise in network infrastructure, addressing the need for reliable customer experiences during the 4G to 5G transition.
Oracle has been selected by Kaltura to support its global expansion through Oracle Cloud Infrastructure (OCI). This partnership aims to enhance Kaltura's Video Experience Cloud, which includes services such as live streaming and video content management. By leveraging OCI's superior price-performance and built-in security, Kaltura anticipates significant savings and operational efficiency. Both companies will market and sell Kaltura's solutions jointly, aiming to accelerate Kaltura's growth in the enterprise video market.
Cablenet Communication Systems Ltd, a Cyprus-based communications provider, has adopted Oracle's Communications solutions to enhance its billing and revenue management capabilities. With a fivefold growth in its mobile business over the past year, Cablenet expects further expansion as it prepares for 5G rollout. The cloud-native platform allows for scalable operations and real-time customer experiences, enabling better service as customer demands rise. The implementation was supported by INTRASOFT International, highlighting the strategic partnership for future growth.