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Oracle Corporation (NYSE: ORCL), headquartered in Austin, Texas, is a leading multinational computer technology company. Founded in 1977, Oracle has established itself as the pioneer of the first commercial SQL-based relational database management system. Today, Oracle provides database technology and enterprise resource planning (ERP) software to businesses globally, operating in 175 countries with a customer base of 430,000 and supported by 136,000 employees.
Oracle’s core offerings include Oracle Database, a highly optimized and secure database solution, and the Oracle Cloud Infrastructure (OCI), a comprehensive suite of applications and autonomous infrastructure that supports both public and private cloud solutions. The company’s innovative multicloud strategies, such as Oracle Database@Azure, allow businesses to leverage Oracle’s powerful database technology alongside Microsoft Azure’s application and developer services.
Recent partnerships with Conduent, Vodafone, and Voya Financial highlight Oracle's role in aiding significant cloud migrations, enhancing application performance, and ensuring data security. With a focus on providing unmatched performance, scalability, and availability, Oracle continues to expand its cloud services, now available in multiple global regions with plans to further extend by the end of 2024.
Oracle also collaborates with NVIDIA to provide AI solutions for the U.S. Government Cloud, and with CPS Energy to integrate mission-critical technologies on Oracle's cloud platform, showcasing its commitment to digital innovation and operational transformation. Oracle’s comprehensive portfolio includes Oracle Fusion Cloud Applications, embedding AI to enhance enterprise processes across finance, HR, and customer service.
In terms of financial health, Oracle reported a 3% year-over-year increase in Q4 2024 revenues, driven by strong demand for cloud services and AI training capabilities. The company’s commitment to continuous innovation and strategic partnerships positions it as a pivotal player in the technology sector, meeting the dynamic needs of a diverse customer base.
For more information, visit www.oracle.com.
Oracle Database@Azure is expanding globally with new regions and services to meet increasing demand. The service is now available in nine Microsoft Azure regions, including its first South American presence in Brazil South, with plans to add 24 more regions by the end of 2025. Major organizations like The Craneware Group and Vodafone have selected the service to accelerate their cloud migrations. New features include Autonomous Database integrations with Azure services, enhanced Microsoft Fabric integration, and Microsoft Purview support. The service offers pricing parity with OCI and allows customers to leverage existing Azure commitments and Oracle licenses.
Peel Region, a major Canadian municipality, has successfully implemented Oracle Utilities Customer Care and Billing Cloud Service to enhance its water billing services. The upgrade from on-premises to cloud solution has delivered significant operational improvements, including a 68% reduction in nightly bill run times and a reduction of 35 hours per week in IT support tasks. The system now manages billing for 340,000 residential and commercial accounts, generating over 1.3 million utility bills annually. The implementation, led by Red Clay Consulting, was completed within the target timeframe and has provided Peel Region with a modern customer platform for better service delivery and future enhancements.
Oracle Academy announced a partnership with Pennsylvania's State System of Higher Education (PASSHE) to provide technology education curriculum and resources across 14 campuses serving 82,000 students. The collaboration offers free access to Oracle Cloud Program, Oracle APEX, and Oracle NetSuite, enabling students to gain hands-on experience in cloud computing, software development, and business applications.
The program includes access to Oracle Autonomous Database, Compute Virtual Machines, 3,500 hours of free cloud credits annually, and curriculum covering Java, database, project management, AI, and machine learning. Faculty can integrate these resources into their courses to enhance student learning in data science and application development.
Oracle has expanded its partnership with Vodafone Business IoT to provide global IoT connectivity for Oracle's Enterprise Communications Platform (ECP) customers. Built on Oracle Cloud Infrastructure, ECP will utilize Vodafone's Global SIM for cellular connectivity across 180+ countries, offering near real-time data intelligence and secure device management. The integration enables features like embedded AI, connection management, and advanced media routing. This collaboration aims to support various industries including healthcare, construction, energy, hospitality, and public sector with compliant connectivity solutions for global operations.
Oracle announced major updates to Oracle Health Data Intelligence, leveraging Oracle Cloud Infrastructure (OCI) and AI to enhance healthcare organizations' operations. The platform integrates patient data from various sources to improve care quality, financial performance, and decision-making. Key enhancements include AI-powered clinical intelligence for optimizing care outcomes, analytics tools for better decision-making, and care coordination features that increase efficiency by 5x during patient case reviews. The system works with any Electronic Health Record (EHR) and helps organizations track value-based care contract performance, improve regulatory compliance, and better understand healthcare costs.
Oracle announced a partnership with the University of Tennessee (UT) System to provide Oracle Academy computing education curriculum across its five public campuses. The initiative will give nearly 59,000 students access to free cloud resources and curriculum, including the Oracle Academy Cloud Program, Oracle APEX, and Oracle NetSuite. Students will develop hands-on experience in cloud computing, software development, and business applications. The program includes access to Oracle Autonomous Database, 3,500 hours of free cloud credits annually, and various learning resources in Java, database, and project management.
Oracle has launched Oracle Analytics Intelligence for Life Sciences, an AI-powered cloud platform that unifies diverse data sets for streamlined insight generation in healthcare research. The platform integrates with existing Oracle Health and Life Sciences applications, featuring pre-built datasets, data pipelines, and analytics tools powered by Oracle Health Data Intelligence. Built on Oracle Cloud Infrastructure, it incorporates real-world data sources including CancerMPact and multiomics, enabling organizations to better identify market needs and optimize therapeutic strategies. The platform offers continuous updates through the Oracle Learning Health Network and integrates with various health data sources including EHRs, insurance claims, and demographic records.
Oracle Health and Meharry Medical College announced plans to enhance medical education and community healthcare in Middle Tennessee through a non-binding MOU. The collaboration aims to establish a health technology education and research collaborative, a health innovation hub, and a community care and wellness center in Nashville. Oracle will provide cloud, AI, and clinical applications for hands-on training and support research in precision medicine, health informatics, and population health. The partnership focuses on improving health equity and creating a model for more equitable, community-centered care.
Mosaic Life Care, a physician-led healthcare system serving multiple Midwest states, has chosen Oracle Fusion Cloud Applications Suite to enhance its operational efficiency and patient care delivery. The implementation includes Oracle's Cloud ERP, EPM, SCM, and HCM solutions to consolidate finance, planning, supply chain, and HR processes. With over 4,800 staff members, Mosaic aims to replace its previously disjointed systems with Oracle's integrated platform featuring AI capabilities to increase productivity, reduce costs, and improve decision-making through prebuilt AI-powered analytics.
Oracle has unveiled its next-generation Electronic Health Record (EHR) system at the Oracle Health Summit. Built on Oracle Cloud Infrastructure, this new EHR system integrates AI capabilities throughout the clinical workflow to automate processes and enhance point-of-care delivery. The system features conversational search, voice-driven navigation, and AI-supported summaries to streamline physician workflows and reduce documentation time.
The platform will incorporate the Oracle Health Clinical AI Agent and Oracle Health Data Intelligence, enabling real-time patient data integration from multiple sources. The early adopter program is scheduled to begin in 2025.
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