Welcome to our dedicated page for Oracle news (Ticker: ORCL), a resource for investors and traders seeking the latest updates and insights on Oracle stock.
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 has launched the Financial Crime and Compliance (FCCM) Management Monitor Cloud Service, a new solution designed to help banks, fintechs, and other financial services companies better manage financial crime risk and compliance. This cloud-based service provides:
1. A centralized view of FCCM efforts
2. Advanced visualizations and reporting capabilities
3. Customizable, role-based reports aligned with AML and FCCM requirements
4. Interactive dashboards with drill-down capabilities
5. Data filters for focused analysis
The service aims to help financial institutions identify potential issues faster, proactively manage risk, and demonstrate effective FCCM efforts to regulators. It addresses the growing need for improved FCCM capabilities in the face of increasingly sophisticated financial crime tactics and regulatory scrutiny.
Hyatt (NYSE: H) has chosen Oracle OPERA Cloud as its global property management system (PMS) for over 1,000 hotels and all-inclusive properties. This move aims to standardize operations and data management across Hyatt's portfolio, providing a common user interface and processes. The implementation will enable Hyatt to:
1. Operate more efficiently
2. Deliver improved guest experiences
3. Centralize data for better insights and operational planning
4. Personalize guest touchpoints
5. Offer mobile flexibility for staff
Built on Oracle Cloud Infrastructure (OCI), OPERA Cloud PMS will enhance Hyatt's ability to scale its portfolio while providing tools for exceptional guest experiences. The integration also allows for quick innovation through the Oracle Hospitality Integration Platform (OHIP).
Oracle is expanding its multicloud capabilities by collaborating with AWS, Google Cloud, and Microsoft Azure. The company is launching Oracle Database services running on Oracle Cloud Infrastructure (OCI) directly in the data centers of these major cloud providers. This expansion includes:
1. Oracle Database@AWS: Offering access to Oracle Autonomous Database and Exadata Database Service within AWS.
2. Oracle Database@Azure: Available in 6 Azure regions, expanding to 15 more.
3. Oracle Database@Google Cloud: Now generally available in 4 Google Cloud regions.
These services aim to simplify cloud migration, multicloud deployment, and management for customers. They provide a unified experience, low latency connections, and flexible purchasing options, including using existing cloud commitments and Oracle license benefits.
Oracle has announced new AI capabilities within its Fusion Cloud Applications Suite, designed to help customers optimize processes across finance, supply chain, HR, sales, marketing, and service. The enhancements include over 50 new AI agents and various AI-powered features for authoring, advice, and recommended actions.
Key innovations include:
- AI agents across ERP, HCM, SCM, and CX to automate repetitive tasks
- Predictive cash forecasting and AI-generated financial narratives in Cloud ERP
- AI-powered skills insights and data enrichment in Cloud HCM
- Smart operations workbench and assisted authoring in Cloud SCM
- AI-generated content and personalization features in Cloud CX
These AI capabilities are embedded at no extra cost, aiming to increase productivity, accelerate decision-making, and drive revenue growth for Oracle customers.
Oracle has announced the introduction of 50+ role-based AI agents within its Oracle Fusion Cloud Applications Suite. These agents, powered by generative AI, are designed to automate repetitive tasks and enhance productivity across various business functions including finance, supply chain, HR, sales, marketing, and service.
The AI agents provide personalized insights, content, and recommendations within specific business processes and user roles. They aim to help employees and managers complete work more efficiently by automating end-to-end business processes. Key features include a shift scheduling assistant in HCM, a customer sales representative guide in SCM, a document IO agent in ERP, and a customer account researcher agent in CX.
This update demonstrates Oracle's commitment to integrating AI into its cloud applications, enabling customers to gain more value from their data and potentially transform how work is done in organizations.
Oracle has announced the first zettascale cloud computing clusters powered by NVIDIA Blackwell GPUs. Oracle Cloud Infrastructure (OCI) is now taking orders for the largest AI supercomputer in the cloud, offering up to 131,072 NVIDIA Blackwell GPUs with a peak performance of 2.4 zettaFLOPS. This surpasses other hyperscalers by more than six times in GPU count.
OCI Superclusters are available with NVIDIA H100, H200, or Blackwell GPUs, offering various performance levels. The clusters include OCI Compute Bare Metal, ultra-low latency networking, and HPC storage options. Customers like WideLabs and Zoom are already leveraging OCI's AI infrastructure for large language models and AI assistants, respectively, benefiting from its performance, security, and sovereignty controls.
Oracle has unveiled new user experience (UX) enhancements for Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to help organizations build smart and responsive supply chain operations. The updates leverage AI to increase workforce productivity, expand visibility, and accelerate processes. Key enhancements include:
1. Production Supervisor Workbench: Provides real-time insight into work orders and AI-powered shift reporting.
2. Maintenance Supervisor Workbench: Helps resolve maintenance issues faster and reduce asset downtime.
3. Order Management Enhancements: Enables mass actions on multiple order lines and AI-powered order acknowledgement emails.
4. Product Lifecycle Management (PLM) Enhancements: Accelerates product development with improved search capabilities and new user interfaces.
These updates aim to help customers create more efficient and resilient supply chains that can adapt to economic conditions, control costs, and protect margins.
Oracle has unveiled Oracle Fusion Cloud Sustainability, a new application within Oracle Fusion Cloud Applications Suite, designed to help organizations manage and report on sustainability initiatives more efficiently. This offering comes at no additional cost to customers and aims to streamline reporting, expand insights, and improve decision-making for environmental goals.
Key features include:
- Automated transaction records using AI and classification rules
- Contextualized data for impactful decision-making
- Prebuilt dashboards with KPIs and custom analyses
- Rigorous audit and traceability capabilities
- Sophisticated emission factor mapping
- Comprehensive integrations with third-party applications
The application integrates data from Oracle Fusion Cloud ERP, SCM, EPM, and Data Intelligence, providing a holistic view of sustainability performance. This new offering addresses the challenge of organizing and analyzing sustainability data, helping businesses accelerate progress towards their environmental objectives.
Oracle has unveiled a new RFID for Replenishment solution in Oracle Fusion Cloud Inventory Management, part of Oracle Cloud SCM, to optimize inventory management for healthcare organizations. This solution integrates RFID technologies from Avery Dennison, Terso Solutions, and Zebra Technologies to automate stock tracking, replenishment, and inventory visibility.
Key benefits include:
- Automated tracking of medical supplies
- Streamlined replenishment processes
- Real-time inventory visibility
- Reduced human error in inventory management
This innovation aims to increase productivity, expand inventory insights, and prevent delays in healthcare supply chains, ultimately enabling clinicians to focus more on patient care.
Oracle has unveiled a new open skills architecture within Oracle Dynamic Skills, part of Oracle Fusion Cloud Human Capital Management (HCM). This enhancement aims to help organizations develop and execute a skills-based talent strategy, offering improved insights and data-driven decisions for workforce optimization. Key features include:
1. AI-powered bespoke skills inventory
2. AI-powered data enrichment
3. Pre-populated skills library
4. Skills data analysis tools
5. Integrated skills intelligence
6. Skills curation and management
7. Multiple language support
These capabilities are designed to help HR leaders gain a comprehensive view of their organization's skills, align talent with business priorities, and enhance workforce performance in a rapidly evolving job market.
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