Oracle Corp Stock Price, News & Analysis

A recent survey, sponsored by Oracle Construction and Engineering, reveals that 29% of architecture, engineering, and construction (AEC) firms currently use predictive analytics tools, with 60% planning to invest within two years. The focus is on improving project outcomes by enhancing decision-making through data strategies. Notably, 85% of firms utilize at least a quarter of their project data for decision-making. Key areas for improvement include quality (45%), productivity (41%), and financial management (38%). The study surveyed 405 executives across multiple countries in March 2021.

A study by Oracle and Workplace Intelligence reveals that post-pandemic, 80% of workers report negative impacts on their lives, with 62% experiencing increased work stress. Employees feel stuck in their careers, with 75% lacking growth opportunities. Despite challenges, 93% are eager to embrace change, valuing work-life balance and mental health. Notably, 85% believe technology and robots can aid in career development, surpassing human support. Employers must enhance their support to retain talent, as 55% would stay with companies leveraging advanced technologies for career growth.

A survey conducted by Oracle and Informa Pharma reveals significant shifts in clinical trial methods due to the COVID-19 pandemic. Of the 251 participants, 84% adopted alternative tactics to maintain trials, with 82% reporting positive impacts. Looking forward, 97% plan to continue using at least one new method, primarily remote monitoring and video visits. Nearly half noted more timely data access and enhanced patient flexibility. 92% expressed confidence in data quality from these innovations, indicating a shift towards decentralized clinical trials.

Oracle was named a Leader for the sixth consecutive year in the 2021 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises. The report assesses vendors on execution and vision, with Oracle ranked high in both categories. The company emphasizes its commitment to enhancing employee experiences, addressing challenges like the Great Resignation. New features like Oracle Payroll Core were introduced to provide flexible payroll solutions globally. Oracle Cloud HCM integrates various HR processes, optimizing the workforce experience.

The Brattle Group and Oracle Utilities report highlights the critical role of utility customers in achieving decarbonization goals. By 2040, customer actions can reduce GHG emissions significantly, potentially equating to the retirement of over 135 coal plants. The study underscores that individual utility customer initiatives, such as energy efficiency adoption, can have a more substantial impact on emissions reduction compared to solely investing in clean energy supply. With 78% of U.S. consumers served by utilities with carbon reduction targets, the findings advocate for collaborative efforts between utilities and customers to combat climate change.

A recent Oracle Retail survey reveals that 52% of Americans are beginning their holiday shopping early due to concerns over supply chain delays. Notably, 20% plan to purchase extra gifts to counter potential issues, with 44% of Millennials among them. 72% prefer home delivery, yet 22% fear shipping delays. Additionally, 34% of respondents intend to buy more gift cards, and 41% of people feel that out-of-stock items create a poor shopping experience. Despite pandemic concerns subsiding, 20% plan to shop mostly in-store, rising from 15% in 2020.

Oracle has announced that Dutch telecommunications firm KPN is implementing the Oracle Fusion Cloud Applications Suite to modernize its business operations. Managed by Deloitte and Oracle Consulting, this deployment will enhance KPN's finance, supply chain, and human resources management. KPN, serving over six million customers in the Netherlands, aims to reduce operational costs and improve sustainability. The collaboration aligns with KPN's strategy to embrace digital services, streamline processes, and adapt to market changes.

ClearSale partners with Oracle to host a webinar on Ecommerce UX: High-Converting Strategies for Peak Seasons on October 14, 2021. The event aims to assist ecommerce merchants in enhancing user experiences during peak shopping seasons, critical for revenue and customer retention. With 230 million online buyers projected in the US, the webinar will cover essential strategies for improving site performance, checkout processes, and fraud protection. Attendees will have a chance to engage in a live Q&A session.

Oracle has announced plans to expand its global cloud region footprint, opening 14 new cloud regions in Europe, the Middle East, Asia Pacific, and Latin America over the next year to meet rising customer demand. Key locations include Milan, Stockholm, and Johannesburg. By the end of 2022, Oracle aims to operate at least 44 cloud regions, continuing its rapid growth strategy. The expansion supports business continuity and disaster protection, ensuring compliance with local data residence requirements.