Oracle Corp - ORCL STOCK NEWS

K-12 school systems in the U.S. are increasingly turning to Oracle Cloud to enhance operational efficiency and resource management amidst budgetary constraints. The adoption of Oracle solutions, including Fusion Cloud HCM and ERP, has enabled schools to streamline processes, reduce costs, and improve staff engagement. Notable implementations include the Allegheny Intermediate Unit, Cherry Creek School District, and Wichita Public Schools, all reporting significant enhancements in HR, finance, and data management. These advancements are crucial as schools adapt to evolving educational needs.

Oracle has introduced new AI governance capabilities in its Financial Services Compliance Studio to aid financial institutions in responsibly implementing AI. These updates aim to address bias and enhance efficiency in anti-money laundering practices. Key features include a visual canvas for model building, interactive testing, model monitoring, and easy sandbox creation for business users. These advancements address the challenges of current compliance processes, which are often manual and error-prone. This partnership with PwC's Model Edge aims to ensure responsible AI usage in the sector.

Oracle has joined the IoT Community as a Diamond level corporate member and appointed Andrew Morawski to the IoT Community Advisory Board. The IoT Community is the largest group of IoT professionals, focusing on transformative technology adoption. Morawski's experience will contribute to advancing innovation in IoT deployments. Oracle will also present a keynote at the IoT Grand Slam 2021 event on December 10. This partnership aims to enhance collaboration and insights within the IoT landscape, leveraging Oracle's extensive expertise in cloud and communications.

Oracle has launched a new payroll solution, Oracle Payroll Core, designed for Intragovernmental and Nongovernmental organizations (IGOs and NGOs). This solution streamlines payroll management by allowing organizations to configure payroll flexibly, adhering to both international and local pay rules. It simplifies complex payroll operations, including multi-currency payments, and integrates seamlessly with Oracle Cloud HCM for efficient workforce management. The solution aims to reduce errors, save time, and empower employees through self-service functionalities.

Oracle has launched the Exadata X9M platforms, including the Exadata Database Machine X9M and Exadata Cloud@Customer X9M, designed to improve performance for Oracle Database operations. These platforms boost online transaction processing by over 70% and analytics SQL throughput by 87%, while reducing costs for transactional workloads by up to 42% and analytics workloads by 47%. The technology offers sub 19 microsecond latency and positions Oracle as a leader in the database management sector, with a notable reliance from the Global Fortune 100.

Oracle and Telefonica España have announced a multi-year partnership aimed at enhancing Telefonica's cloud adoption and developing new communication services. Telefonica will transition its Oracle Database systems to Oracle Exadata Cloud@Customer, creating a dedicated on-premises cloud platform.
This collaboration is part of Telefonica's initiative to streamline its technology infrastructure, enabling advanced services like IoT and 5G, while ensuring compliance with data residency regulations and reducing operational costs.

StackAdapt has announced the integration of Oracle Moat Outcomes API, enabling real-time measurement and attribution metrics for mid-market retail and consumer packaged goods (CPG) advertisers. This first-of-its-kind integration allows users to gain actionable insights to enhance marketing effectiveness. As a result, CPG ad spending is projected to increase by 11.2% in 2021, surpassing $22 billion. The integration aims to provide greater transparency in campaign performance, allowing clients to optimize their marketing strategies effectively.

BT Group has selected Oracle Communications Cloud Native Converged Policy Management to enhance its 5G service rollout. This collaboration aims to streamline the implementation of 5G services like live streaming across BT's EE mobile network, significantly reducing service testing time. With Oracle’s analytics and policy management, BT can optimize network resources and improve service quality for customers. The partnership leverages Oracle's extensive expertise in network infrastructure, addressing the need for reliable customer experiences during the 4G to 5G transition.