Oracle Corp Stock Price, News & Analysis

According to a new study by Oracle, consumer behavior for Super Bowl LV varies significantly due to COVID-19. The survey of 2,000 U.S. viewers reveals that 8% plan to attend virtual parties while 16% expect to watch alone—double the number from previous years. Spending is also projected to decrease, with consumers expecting to spend between $100 and $500, down 7% from last year. Despite these changes, fan excitement remains high, ranking the Super Bowl as the third most popular holiday for Americans.

Oracle has announced enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to improve global supply chain efficiency. Key updates to Oracle Transportation Management (OTM) and Oracle Global Trade Management (GTM) focus on reducing costs, enhancing planning, and improving customer service. New features include Logistics Machine Learning for predictive transit times, compliance assistance, and connected logistics to monitor shipments. These innovations aim to enable organizations to expedite logistics processes and enhance customer satisfaction.

Oracle Cloud Marketplace is now available for U.S. government customers, enabling them to automate the deployment of certified solutions on Oracle Cloud Infrastructure (OCI). The Marketplace offers a growing library of applications from Oracle and third-party vendors, enhancing operational efficiency. Notably, it has achieved FedRAMP certification, ensuring compliance with security standards. According to Scott Twaddle of Oracle, this innovation dramatically reduces deployment times from days to hours. Additionally, OCI has attained the FedRAMP JAB P-ATO Accreditation for various services, further solidifying its security credibility.

Oracle announced that NTT WEST is utilizing Oracle Gen2 Exadata Cloud@Customer for its "Regional Revitalization Cloud" initiative, targeting regional data privacy concerns. This collaboration allows NTT WEST to deploy applications while adhering to local data sovereignty and compliance standards. By leveraging Oracle's technology, NTT WEST achieves enhanced performance, scalability, and a 40% reduction in system processing time. This transformation aims to support local businesses and governmental operations across 30 prefectures in Western Japan, addressing various societal challenges through improved cloud services.

Oracle announced the release of Oracle Database 21c, now available on Oracle Cloud, including the Always Free tier. This latest version introduces over 200 innovations, including features like immutable blockchain tables, In-Database JavaScript, and AutoML for machine learning. The database enhances multi-model, multi-workload, and multi-tenant support, improving efficiency for developers. In addition, Oracle launched Oracle APEX, a low-code service for rapid application development, catering to increased demand for streamlined, data-driven solutions.

Oracle has launched its APEX low-code development platform as a managed cloud service, enabling developers to create data-driven enterprise applications more rapidly. With over 500,000 users already leveraging APEX, this standalone service starts at $360 per month, supporting unlimited applications for over 500 users. A Pique Solutions study revealed that Oracle APEX can accelerate application development by 38 times compared to traditional methods. The service is expected to enhance application performance with significant integration to Oracle's Autonomous Database, allowing for faster response times.

Oracle has expanded its collaboration with ENGIE, a global low-carbon energy provider, by implementing Oracle Fusion Cloud Human Capital Management (HCM) for its 170,000 employees. This partnership aims to leverage AI and machine learning to enhance HR processes such as recruitment, skills development, and internal mobility. Oracle's integrated system will streamline previously disconnected HR data, ultimately empowering employees and standardizing HR operations like performance management and career development.

Oracle announced that Cybereason has selected Oracle Cloud Infrastructure (OCI) to power its Defense Platform, enhancing its cybersecurity offerings. This partnership aims to bolster protection against advanced threats, leveraging OCI's scalability and low latency. Cybereason's solution, designed for operational efficiency with a 93% improvement in threat detection, allows security teams to effectively manage 200,000 endpoints per analyst. The collaboration also includes joint marketing efforts and the potential for in-country hosting to address data sovereignty requirements.