Oracle Corp Stock Price, News & Analysis

A study by Oracle reveals that decision-making is increasingly difficult for employees and business leaders globally, with 85% experiencing 'decision distress'. Over 14,000 participants from 17 countries reported feeling overwhelmed by data, with 72% admitting that this has impeded their decision-making abilities. The study found that 74% of individuals believe their daily decisions have increased tenfold over the past three years. Business leaders are particularly affected, with 93% suggesting that effective decision intelligence is critical for organizational success. Despite the demand for data-driven insights, 72% of leaders feel hindered by the sheer volume of data.

Additionally, 70% of decision-makers express a preference for automated solutions, highlighting a crucial gap in current data analytics approaches.

Oracle announced the launch of Oracle Grow, an AI-powered solution within Oracle Fusion Cloud Human Capital Management (HCM), designed to enhance employee development, skills growth, and career mobility. This new feature addresses challenges organizations face in understanding workforce skills and closing skills gaps. Oracle Grow offers personalized insights, a unified growth experience, career path guidance, development playlists, and enhanced team skills management. By leveraging AI, it helps HR teams align upskilling with business goals, ultimately aiding companies in retaining talent and increasing productivity. With these enhancements, Oracle aims to support organizations in navigating changing business needs and fostering employee career success.

Oracle has announced new capabilities in its Fusion Cloud Applications Suite aimed at enhancing supply chain planning, operational efficiency, and financial accuracy.

Key updates include:

• AI-powered lead time estimates: Improves accuracy in planning through machine learning insights.
• Enhanced quote-to-cash process: Streamlines subscription management and improves order fulfillment.
• New rebate management capabilities: Enhances performance visibility and audit accuracy in rebate programs.

These improvements address common challenges organizations face with disconnected systems and aim to boost profitability by integrating AI and automation into supply chain processes.

Oracle has launched new Redwood UX resources within the Oracle Applications Platform to enhance the user experience for enterprise developers. These updates include components, templates, and services designed to integrate seamlessly with Oracle Fusion Cloud Applications. Specific new resources focus on areas such as Career Development, Joint Venture Management, Self-Service Procurement, and Sales Process Orchestration, aiming to improve organizational processes like training, compliance, procurement efficiency, and sales efficiency.

These enhancements reflect Oracle's commitment to providing continuous innovation to its customers with quarterly updates, ensuring no downtime or disruption while enabling personalized app development.

Oracle and Zoom are enhancing telehealth services by integrating Zoom's capabilities with Oracle Cerner Millennium. This collaboration aims to streamline patient-provider connections and improve electronic health record updates. The integration allows healthcare providers to engage more efficiently with patients, particularly those facing barriers to traditional care, such as rural residents. By prioritizing patient data security, both platforms comply with HIPAA, PIPEDA, and GDPR regulations. The partnership aims to broaden telehealth access and reduce administrative burdens on clinicians, enhancing overall patient care efficiency. This initiative will be showcased at the HIMSS Global Health Conference in Chicago from April 17-21, 2023.