Oracle Corp Stock Price, News & Analysis

Oracle has launched its GoldenGate technology as a fully managed cloud service, enhancing real-time data availability and integration for customers. The new OCI GoldenGate service offers a pay-per-use model for database replication and data integration, making it unique among major cloud providers. It simplifies data architecture by unifying operational and analytic data, supporting time-series analytics and high availability. The service automates functions such as scaling and configuration, making it user-friendly while significantly reducing time and costs for data integration solutions compared to competitors.

Oracle and SailGP are enhancing their partnership as the sailing league launches its second season on April 24-25, 2021, in Bermuda. With Oracle Cloud Infrastructure, SailGP will provide real-time data to teams and fans, improving performance and fan engagement. New features include Oracle Stream Analytics, processing 30,000 data points every second, leading to better in-race strategies. This partnership is set to last three more years, enabling cost reductions and environmental benefits through remote operations, while also introducing a new simulator for team training.

Oracle has announced the integration of ServiceNow with Oracle Cloud Infrastructure (OCI), enhancing the management of cloud resources for enterprise customers. This integration allows users to manage OCI resources through their ServiceNow portal, creating a unified dashboard for IT operations. With 29 cloud regions and support for hybrid strategies, Oracle continues to expand its cloud portfolio. The partnership aims to improve operational efficiency and productivity for distributed teams, benefiting clients like Network Rail who already leverage this integration.

Hana Financial Group (HFG) has completed a significant migration of its essential applications to the public cloud using Oracle Cloud Services as part of its digital transformation. This initiative focuses on enhancing operational efficiency and adapting to customer needs within the rapidly changing financial services sector. HFG's integrated membership service, Hana Members, which boasts over 15 million users, will benefit from improved service offerings through advanced technologies like AI and blockchain. The project underscores Oracle's pivotal role in HFG's innovative strategy and strengthens their partnership.

Oracle announced the launch of a new platform, Oracle Journeys, designed to enhance the employee experience within its Fusion Cloud Human Capital Management (HCM) suite. This innovative feature provides tailored, step-by-step guidance for employees, covering various life events and career milestones. Key components include the Journeys LaunchPad for personalized access, Journeys Creator for HR teams to design custom journeys, and Journeys Booster for integrating HR with other business functions. These advancements aim to improve productivity, satisfaction, and engagement among employees.

The latest study, "Smart City Solutions for a Riskier World," shows the pandemic's impact on urban innovation, sponsored by Oracle and conducted by ESI ThoughtLab. Surveying leaders from 167 cities across 82 countries, the report emphasizes the importance of technology, data, and cybersecurity in city planning. Key findings include that 65% of officials recognize smart city programs as vital post-pandemic, while 88% see urgent investment in cloud services. Cybersecurity concerns are prevalent, yet Cities 4.0 display high confidence in their strategies.

Oracle has criticized Google’s monopolistic practices, stating that they have increased barriers to entry in the tech market. Dorian Daley, Oracle's General Counsel, emphasized the decade-long litigation surrounding Java as a reflection of Google's market power. The statement highlights ongoing regulatory scrutiny of Google's business practices in the U.S. and globally. Oracle’s position underscores the competitive challenges faced by tech firms against Google’s dominance. This commentary is part of Oracle's broader strategy to pose itself as a viable competitor in a rapidly evolving market.

On April 1, 2021, Oracle responded to Rimini Street's claims following a decisive ruling from the US District Court, stating that Rimini Street is violating a permanent injunction from August 14, 2018. The court ordered Rimini to explain why it shouldn't be held in contempt for its actions related to PeopleSoft support. Oracle criticized Rimini's attempt to frame this legal loss as a victory, asserting that it is a deceptive tactic aimed at its customers. This continuing legal battle underscores significant ethical concerns about Rimini's business practices.