Oracle Corp - ORCL STOCK NEWS

Cablenet Communication Systems Ltd, a Cyprus-based communications provider, has adopted Oracle's Communications solutions to enhance its billing and revenue management capabilities. With a fivefold growth in its mobile business over the past year, Cablenet expects further expansion as it prepares for 5G rollout. The cloud-native platform allows for scalable operations and real-time customer experiences, enabling better service as customer demands rise. The implementation was supported by INTRASOFT International, highlighting the strategic partnership for future growth.

Oracle has launched Fusion Marketing, a revolutionary marketing automation solution designed to streamline campaigns by fully automating lead generation and qualification. This innovation allows marketers to create campaigns swiftly across multiple channels and improves the quality of leads passed to sales teams. Leveraging artificial intelligence, Fusion Marketing scores leads at the account level and predicts optimal engagement times, addressing the disconnect between sales and marketing. The solution aims to enhance customer experience and drive revenue growth while integrating seamlessly with existing CRM systems.

The University of Oxford and Oracle have launched the Global Pathogen Analysis System (GPAS) to enhance the identification of COVID-19 variants. Available globally, GPAS allows researchers to upload genomic data and receive analysis within 20 minutes. This initiative supports public health authorities by providing insights into emerging variants, aiding in timely decision-making. GPAS is offered as a free resource and represents a collaborative effort involving various institutions worldwide, aimed at improving the global response to microbial health threats.

Adenza has chosen Oracle Autonomous Database to enhance its AxiomSL RegCloud regulatory reporting product line. The integration allows for a smooth migration of customers from on-premises Oracle deployments to RegCloud, leveraging Oracle's cloud capabilities for improved performance and security. With this partnership, Adenza aims to meet increasing regulatory demands effectively, as data inputs for reports have surged by over 300% in the last decade. The client base of AxiomSL represents $45 trillion in total assets, emphasizing the importance of data privacy and security.

Oracle and Oxford Nanopore Technologies have teamed up to improve healthcare through advanced DNA/RNA sequencing technology. This collaboration aims to leverage Oracle Cloud Infrastructure to enhance genomic sequencing's accessibility and effectiveness globally. Scientific researchers are already utilizing nanopore sequencing for various biological studies and pathogen analysis. Oracle's investment of £150 million in Oxford Nanopore signals strong confidence in this partnership, focusing on projects in epidemiology, healthcare, and drug discovery, integrating genomic data with Oracle's existing applications.

Oracle announced the release of Java 17, the latest long-term support version, featuring extensive performance, stability, and security updates. This release incorporates 14 JDK Enhancement Proposals (JEPs), enhancing developer productivity. Oracle will provide free usage licenses until a year after the next long-term support release, improving flexibility for organizations. The company aims for a two-year cadence for future LTS releases, with Java 21 expected in September 2023. Java 17 also includes significant new features, updates, and support for modern platforms, enhancing its cloud adoption.

MGID has integrated Oracle Moat into its platform, providing advertisers with enhanced measurement and transparency for native and display campaigns. This integration offers access to third-party measurement metrics, including viewability, reach, and sales lift. Mark Kopera from Oracle emphasizes that this capability will instill confidence in advertisers, facilitating better investments in native advertising. MGID's CEO, Sergii Denysenko, highlights the importance of optimizing campaigns and ensuring transparency for advertisers.

Oracle Corporation (NYSE: ORCL) reported Q1 fiscal 2022 results with total revenues of $9.7 billion, a 4% increase from last year. Cloud services and license support revenues rose by 6% to $7.4 billion, while cloud and on-premise license revenues fell 8% to $813 million. GAAP net income and earnings per share were up 9% to $2.5 billion and 19% to $0.86, respectively. Non-GAAP metrics showed similar growth. Cash flow increased 17% to $15.3 billion. A quarterly dividend of $0.32 will be paid on October 26, 2021.

Oracle has launched a global program offering free training and certification for its Oracle Cloud Infrastructure (OCI), including the entire OCI learning curriculum available in 13 languages. The initiative aims to close the IT skills gap exacerbated by the pandemic and to support organizations in adopting OCI for mission-critical workloads. The program includes hands-on labs, live sessions with experts, and career resources. Free certifications will be available until December 31, 2021. This move positions Oracle to enhance its customer value proposition by expanding the skilled IT workforce.