Oracle Corp. reports developments across enterprise database software, cloud infrastructure, and cloud applications for large organizations. News commonly covers Oracle Cloud Infrastructure, Oracle AI Database services, multicloud database integrations, Fusion Cloud applications, NetSuite, and AI features embedded in supply chain, financial services, construction, and healthcare products.
Company updates also address logistics offerings such as Oracle Fusion Cloud Warehouse Management and Oracle Fusion Cloud Transportation Management, Oracle Health interoperability initiatives, data center infrastructure projects, partner integrations, product recognition, and operating and financial results.
Samsung Securities has adopted Oracle Cloud Infrastructure (OCI) to advance its digital innovation strategy in response to post-pandemic changes in digital finance. The transition to OCI enhances the company's ability to conduct real-time derivatives analysis, improving performance and operational flexibility. With 45 domestic branches and five international offices, Samsung Securities can now leverage advanced computing resources for analytics, enabling swift insights amidst market fluctuations. The company is also establishing a disaster recovery system to ensure high availability and plans to expand cloud usage for real-time trading.
Oracle Corporation Japan announced that Honda Motor is implementing Oracle Fusion Cloud ERP to enhance procurement efficiency in Japan. This transition aims to consolidate purchasing of indirect materials, moving away from each company managing separate systems. By adopting Oracle's system, Honda expects to optimize costs, enhance resource usage, and improve operational agility while benefiting from continuous updates. The partnership supports Honda's 2030 Vision and aims to strengthen data-driven analyses for better supplier management, ultimately contributing to the sustainable growth of both companies.
Oracle and Airtel have strengthened their partnership to enhance India's digital economy, targeting over 1 million enterprise customers. With India's internet users expected to exceed 900 million by 2025, the public cloud market is projected to grow from USD 3.6 billion to USD 9.5 billion. Oracle plans to expand cloud capacity in Mumbai with Nxtra by Airtel, investing USD 760 million by 2025. Additionally, both companies will jointly market Oracle Cloud solutions and establish a Cloud Centre of Excellence to drive innovation for emerging technologies.
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Sinclair Broadcast Group announced a partnership with Oracle Moat to enhance media performance measurement across its 300+ digital properties. This collaboration aims to provide advertisers with improved transparency and validation of advertising campaigns. Sinclair will deploy Oracle Moat Analytics for metrics related to invalid traffic, viewability, diagnostics, and brand safety. This initiative is expected to optimize advertising performance across Sinclair's diverse digital inventory, which includes news, sports, and connected TV platforms.
Oracle has launched its new Oracle Cloud Singapore Region, expanding its global cloud presence to 33 regions. This move aims to meet the growing demand for enterprise cloud services in South East Asia and support the region's digital economy. Oracle is offering USD 30,000 in cloud credits to 100 startups and providing free OCI training until March 31, 2022. The opening of this region is expected to accelerate innovation, enhance IT skills, and improve customer data residency options.
Oracle has announced the opening of its second cloud region in the United Arab Emirates to enhance support for local organizations with cloud services. The new Abu Dhabi Cloud Region complements the existing Dubai Cloud Region, offering improved business continuity and disaster recovery capabilities. This expansion aligns with the UAE's Fourth Industrial Revolution Strategy to foster innovation. The regions utilize Oracle Cloud Infrastructure (OCI) allowing seamless migration, lower costs, and enhanced security. Oracle aims to boost digital transformation and cyber resilience within the UAE.
Oracle has launched its first cloud region in France, located in Marseille, to meet growing demands from private and public sectors. This region supports Oracle Cloud services like Autonomous Database and Kubernetes, allowing organizations to comply with local data regulations. The Marseille region is part of Oracle's strategy to expand to at least 44 cloud regions globally by the end of 2022. Additionally, Oracle plans another region in France next year. The focus is on offering enhanced performance, security, and sustainability, with a commitment to 100% renewable energy by 2025.
Oracle has announced that Nomura Research Institute (NRI) has migrated its BESTWAY SaaS application to Oracle Dedicated Region Cloud@Customer. This transition enables NRI to meet stringent security and latency requirements within its own data center. Following a successful migration from its private cloud, NRI is leveraging Oracle’s suite of cloud services to enhance performance, availability, and overall business value. The integration of Oracle's Exadata Cloud Service further supports NRI's critical financial operations while ensuring compliance with Japanese financial standards.
The Los Angeles County Office of the Assessor has transitioned to Oracle Cloud Infrastructure (OCI), enhancing data processing and user experience while reducing operational risks. This move is part of a five-phase Assessor Modernization Project that aims to modernize their legacy systems. With OCI, processing times have halved from eight hours to four, and significant cost savings have been realized by eliminating on-premises infrastructure. The Office plans to extend access to the modernized application (AMP) to other counties in California, marking a major achievement in governmental modernization efforts.