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.
Telecom Fiji Limited is transforming its services to provide a fully digital experience using Oracle Communications Policy Management and Oracle Private Cloud Appliance. This partnership aims to create flexible and customized service plans for customers based on their unique needs. Oracle's solutions will integrate with existing systems, enabling seamless service across 4G and fixed networks, setting the stage for future 5G capabilities. The initiative is expected to enhance customer experience and expand service offerings.
W1TTY, a smart finance company, is set to launch in fall 2021, leveraging Oracle Cloud Infrastructure to deliver personalized financial services. Targeting Generation Z and young professionals, W1TTY aims to innovate digital banking experiences. The company has secured an Electronic Money Institution (EMI) license in Lithuania and plans to operate in Poland and other European markets. W1TTY's services will utilize the Oracle Banking suite for seamless transactions and enhanced customer engagement.
Oracle has announced plans to introduce Payroll support for India as part of its Fusion Cloud Human Capital Management. This new solution aims to streamline payroll processes for local and multinational companies, ensuring compliance with local regulations for nearly 500 million workers. By integrating payroll with HCM, it will enhance data accuracy, reduce manual processes, and provide valuable workforce insights. The offering is expected to include features tailored to India's diverse tax systems and regulatory environment, ultimately improving payroll efficiency and compliance.
The Golden State Warriors and Oracle have expanded their partnership with the launch of the Oracle Performance Center, a state-of-the-art training facility. This 25,349 square-foot center, located at Chase Center in San Francisco, is designed to enhance player performance through innovative technology. The partnership, ongoing for over 15 years, includes joint technology development and exclusive NBA Draft content. Key features of the center include two full-length basketball courts, a 4,000-square-foot weight room, and advanced training facilities.
The University of California Merced has successfully implemented Oracle Fusion Cloud ERP and EPM systems to enhance its operations amidst rapid growth. The integration aims to increase business efficiency and improve decision-making through automation and predictive analytics. This transition, completed in under a year, enables UC Merced to streamline processes and better manage resources, aligning with its strategic growth plan towards 2030. Oracle's continuous updates will further assist the university in adapting to evolving operational needs.
Oracle has been recognized as a Leader in The Forrester Wave™: Digital Experience Platforms for Q3 2021, evaluated against 13 major providers and 26 criteria. Oracle Advertising and Customer Experience (CX) achieved the highest scores in 19 categories including customer analytics and campaign management. The report highlights Oracle's strengths in omnichannel experience management and integration with enterprise applications. According to Rob Tarkoff, Oracle's EVP, this recognition validates their commitment to enhancing customer interactions.
Telenor has selected Oracle Communications Billing and Revenue Management and Oracle Converged Charging to enhance mobile services for its 175 million subscribers across Asia. This partnership aims to facilitate seamless billing interactions and prepare for 5G expansion in Malaysia, Thailand, and Pakistan. Oracle's integrated cloud-native solution offers real-time rating capabilities supporting various payment models. With faster implementation and streamlined processes, Telenor seeks to deliver improved customer experiences while managing capital expenditures.
Oracle announced that Thomson Reuters has chosen Oracle Cloud Infrastructure (OCI) for its multi-cloud strategy, making its ONESOURCE indirect tax software available globally. The partnership aims to simplify tax processes and enhance performance using the Oracle Autonomous Database. OCI's security and superior price-performance will benefit users by automating transactions efficiently. The collaboration includes joint marketing efforts to broaden Thomson Reuters' global reach, leveraging Oracle's 30 Cloud Regions for data sovereignty and security.
Oracle has been selected by Medallia, a leader in customer experience management, as its preferred cloud infrastructure provider for the Medallia Experience Cloud. This partnership aims to enhance performance, reduce costs, and support Medallia's global expansion. Medallia's platform captures vast customer insights and leverages AI to drive actionable business outcomes. The collaboration will also involve joint marketing efforts to accelerate market reach. This decision comes as Medallia faces challenges like increasing data center costs and the need for data residency solutions.
Oracle has received FedRAMP High Provisional Authority to Operate and DISA Impact Level 5 accreditation for its cloud services, expanding offerings to government clients. The new services include Oracle Digital Assistant and Oracle Cloud VMware Solution, aimed at enhancing efficiency and security for U.S. government agencies. These accreditations signify that Oracle's cloud solutions meet stringent security standards, allowing federal customers to utilize a broader range of tools while ensuring compliance. The move strengthens Oracle's position in the government cloud market.