Oracle Corp Stock Price, News & Analysis

VodafoneZiggo, a leading Dutch telecom provider, is transitioning its finance, HR, and supply chain systems to Oracle Fusion Cloud Applications Suite. The implementation, supported by Accenture and Profource, aims to improve operational efficiency by consolidating business processes onto a unified data platform. With over seven million customers, this move enhances VodafoneZiggo's agility and responsiveness in a rapidly evolving digital landscape. Oracle's EVP, Cormac Watters, emphasizes the suite's ability to support continuous innovation and operational improvements.

Oracle and NVIDIA have announced a multi-year partnership to enhance Oracle Cloud Infrastructure (OCI) with a significant increase in NVIDIA GPU capacity, including A100 and H100 models. This collaboration aims to facilitate AI adoption across various industries by providing advanced computing solutions and software tools for accelerated computing and AI workflows. Key offerings include NVIDIA AI Enterprise and RAPIDS™ for data processing. The partnership underscores the shift towards cloud-first AI strategies, benefiting enterprises in sectors like healthcare, manufacturing, and telecommunications.

Melissa & Doug has selected Oracle Cloud to enhance its global operations and automate business processes, aiming to reduce costs and meet rising demand for its sustainable toys. By implementing Oracle Fusion Cloud Applications Suite, the company has improved financial planning, supplier management, and increased efficiency. With over 70 million toys sold annually, this transformation supports Melissa & Doug's commitment to sustainability and innovation. The integrated platform also allows for continuous updates, enhancing operational insights and growth potential.

HSBC has announced a multi-year agreement with Oracle to migrate and upgrade select database systems to Oracle Exadata Cloud@Customer. This partnership aims to enhance HSBC's operational management, enabling the bank to leverage cloud automation while maintaining data control. The deployment will assist in scaling mission-critical services and advancing HSBC's digital transformation efforts. This collaboration not only supports faster product development but also strengthens security and availability across its technology infrastructure.

Oracle announced the Oracle Database 23c Beta, codenamed "App Simple", focused on easing application development with advanced features. Key innovations include JSON Relational Duality, allowing simultaneous use of data as JSON documents and relational tables, and enhancements for APEX low-code development for mobile user experiences. Additional services launched include Zero Data Loss Autonomous Recovery for enhanced data protection against ransomware and Full Stack Disaster Recovery Service for comprehensive disaster management.

On October 18, 2022, at Oracle CloudWorld in Las Vegas, Oracle announced significant innovations in its data and analytics solutions. The enhancements include over 2,000 best-practice KPIs and dashboards in Oracle Fusion Analytics across various business areas, including CX, ERP, HCM, and SCM. New features in Oracle Analytics Cloud aim to empower business users with advanced visualizations and AI/ML capabilities. These offerings are designed to improve decision-making, streamline data access, and enhance productivity, ultimately helping organizations optimize revenue and efficiency.

Oracle introduced MySQL HeatWave Lakehouse, enhancing data processing capabilities with speeds up to 17X faster than Snowflake and 6X faster than Amazon Redshift for a 400 TB workload. The new service allows querying of large datasets across multiple formats and integrates seamlessly with existing MySQL databases. MySQL HeatWave Lakehouse supports up to 512 nodes and offers new Autopilot features for automated database management. This innovation positions Oracle favorably against competitors, further solidifying its cloud database market share.

Oracle Cloud Infrastructure has secured the exclusive rights to store and manage the Premier League's vast archive of match footage spanning 30 years. This strategic partnership aims to enhance global broadcast quality and meet growing content storage demands, with projections reaching three petabytes by 2025. The OCI is critical for efficient data transit and offers significant cost advantages. Currently, the Premier League's content is distributed to 797 million households across 188 countries, ensuring high-quality delivery and performance.

Oracle announced new distributed cloud offerings during Oracle CloudWorld on October 18, 2022, enhancing flexibility for customers in public, multicloud, hybrid, and dedicated environments. Key highlights include the introduction of Oracle Alloy, which enables partners to become cloud providers, and expansion of Oracle Cloud Infrastructure (OCI) with new regions in Chicago, Serbia, and Mexico. OCI operates 40 regions worldwide and has introduced 10 new public cloud regions in the past year. Oracle aims to address customer demand for security, governance, and regulatory compliance with its diverse cloud solutions.