Oracle Corp - ORCL STOCK NEWS

Oracle has launched the MySQL Database Service with an integrated MySQL Analytics Engine on Oracle Cloud Infrastructure (OCI). This unique service allows online transaction processing (OLTP) and online analytics processing (OLAP) on a single platform, enhancing performance and reducing costs. The Analytics Engine accelerates query performance by up to 400 times and is significantly cheaper than competitors like Amazon Redshift. It avoids the need for ETL processes, improving efficiency and security. This offering is available globally across all Oracle Cloud regions.

ChildLife Foundation, a non-profit healthcare organization in Pakistan, has selected Oracle Cloud Infrastructure (OCI) to enhance its hospital management system. This transition will significantly improve application availability and performance while reducing costs, allowing ChildLife to allocate more resources to its mission of providing free emergency healthcare.

With operations in 21 hospitals across Sindh and Baluchistan, ChildLife aims to save numerous lives amid the high rate of preventable deaths among children in Pakistan.

The Tony Blair Institute and Oracle have partnered to implement the Oracle Health Management System in Ghana, Rwanda, and Sierra Leone, enabling digital management of vaccination programs. In just 8 days, over 73,000 vaccinations were recorded in Ghana. The system will support various vaccines including yellow fever and COVID-19, providing a secure cloud database for electronic health records and ensuring data sovereignty. More than 30 other countries are considering adopting this technology, which aims to enhance public health infrastructure and facilitate international vaccination efforts.

Texas Children's Hospital, North America's largest children’s hospital, has chosen Oracle Fusion Cloud Applications to enhance its financial and operational processes. The integration aims to streamline finance, supply chain, and human resources, thereby improving employee engagement and simplifying operations. By transitioning away from complex custom applications, Texas Children's seeks to enable staff to focus more on health care. The hospital will utilize Oracle's ERP, HCM, and SCM solutions, supported by Oracle Consulting for strategic implementation.

Oracle Aconex for Defense has achieved FedRAMP Moderate authorization, enabling U.S. Department of Defense (DoD) agencies to utilize this secure cloud-based construction project management platform. This authorization, granted by the U.S. Army Corps of Engineers (USACE), marks a significant milestone in providing compliance-approved solutions for federal defense agencies. The platform enhances collaboration, workflow automation, and information management across project processes, aligning with the DoD's IT modernization initiatives.

Oracle has launched a new cloud-based customer experience management solution for the communications industry, called Digital Experience for Communications. This suite of applications helps service providers understand customer behaviors and preferences to enhance service and drive sales. The solution adheres to TM Forum's Open Digital Architecture and features modules for launching products, customer care, and buying recommendations.

Available modules will enhance customer engagement and streamline service offerings, specifically targeting market opportunities with 5G technology.

Oracle has introduced new cloud services, specifically designed to assist mid-sized banks in combating money laundering and financial crime. The Oracle Financial Crime and Compliance Management Cloud Service offers a cost-effective solution for anti-money laundering (AML) processes, leveraging over 20 years of experience. Key features include extensive AML scenario catalogs, regulatory reporting templates, and custom scenario design tools. The service is currently available in North America and Western Europe, with future expansions planned. Additionally, the application suite emphasizes security and scalability on the Oracle Cloud Infrastructure.

Oracle has partnered with Pennsylvania State University to deploy the Oracle Academy program across its 22 campuses serving nearly 100,000 students. This initiative aims to prepare students for careers in cloud computing, AI, and data science by providing access to essential resources and hands-on technology experience. Notable features include Oracle Cloud Free Tier access, cloud credits, and various curriculum modules such as AI and project management. This collaboration emphasizes Oracle's commitment to enhancing computing education and skills development.