Oracle Corp - ORCL STOCK NEWS

Oracle Aconex has become the first project management solution to secure the BSI Kitemark certification for ISO 19650 and DIN SPEC 91391, validating its compliance with the latest standards in Building Information Modeling (BIM). This certification assures construction firms of enhanced project collaboration and management, potentially saving time and costs. Senior VP Mark Webster emphasized the importance of this milestone in the evolving digitization of the industry, while BSI leaders praised Oracle's dedication to best practices in BIM.

EVO Payments, Inc. (NASDAQ: EVOP) has entered a global agreement with Oracle to enhance payment technology for hospitality and retail merchants. This agreement allows EVO to integrate Oracle's enterprise payment solutions, specifically the Oracle Payments Interface (OPI), thereby offering services to existing Oracle customers. The integration will provide access to Oracle's point-of-sale software, such as Xstore, Simphony, and Opera, enabling a seamless payment experience and expanding EVO's merchant base. This strategic partnership aims to increase functionality and target new payment acceptance opportunities.

Oracle for Research has launched a new cloud service, Oracle Open Data, aimed at accelerating scientific discovery by providing researchers access to vast datasets from leading scientific databases. This initiative includes an initial limited release, allowing researchers to sign up for early access. Additionally, two new award programs were introduced: the Oracle for Research Cloud Starter Award offering $1,000 in cloud credits and the Oracle for Research Project Awards for more complex projects. This move positions Oracle as a key player in fostering research collaboration and innovation.

Oracle announced the launch of the Oracle Academy Career Center, a free virtual hub offering resources for educators and students. This initiative includes professional training, technical certifications, and academic curriculum tailored for higher education across various fields like engineering and finance. The program aims to equip students with in-demand computing skills, enhancing their career prospects. In the past fiscal year, Oracle Academy impacted millions of students through collaborations with over 16,000 institutions in 130 countries.

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.

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.