Welcome to our dedicated page for Oracle news (Ticker: ORCL), a resource for investors and traders seeking the latest updates and insights on Oracle stock.
Oracle Corporation (NYSE: ORCL), headquartered in Austin, Texas, is a leading multinational computer technology company. Founded in 1977, Oracle has established itself as the pioneer of the first commercial SQL-based relational database management system. Today, Oracle provides database technology and enterprise resource planning (ERP) software to businesses globally, operating in 175 countries with a customer base of 430,000 and supported by 136,000 employees.
Oracle’s core offerings include Oracle Database, a highly optimized and secure database solution, and the Oracle Cloud Infrastructure (OCI), a comprehensive suite of applications and autonomous infrastructure that supports both public and private cloud solutions. The company’s innovative multicloud strategies, such as Oracle Database@Azure, allow businesses to leverage Oracle’s powerful database technology alongside Microsoft Azure’s application and developer services.
Recent partnerships with Conduent, Vodafone, and Voya Financial highlight Oracle's role in aiding significant cloud migrations, enhancing application performance, and ensuring data security. With a focus on providing unmatched performance, scalability, and availability, Oracle continues to expand its cloud services, now available in multiple global regions with plans to further extend by the end of 2024.
Oracle also collaborates with NVIDIA to provide AI solutions for the U.S. Government Cloud, and with CPS Energy to integrate mission-critical technologies on Oracle's cloud platform, showcasing its commitment to digital innovation and operational transformation. Oracle’s comprehensive portfolio includes Oracle Fusion Cloud Applications, embedding AI to enhance enterprise processes across finance, HR, and customer service.
In terms of financial health, Oracle reported a 3% year-over-year increase in Q4 2024 revenues, driven by strong demand for cloud services and AI training capabilities. The company’s commitment to continuous innovation and strategic partnerships positions it as a pivotal player in the technology sector, meeting the dynamic needs of a diverse customer base.
For more information, visit www.oracle.com.
Oracle has launched the Exadata Cloud Service X8M, enhancing its capabilities on the cloud. This platform promises higher transaction processing, with 2.5 times more IOs and 10 times better latency compared to previous versions. Supporting up to 4,600 CPU cores and 25 PB of database capacity, it allows seamless database migration with no application changes. Customers can scale independently, reducing costs significantly. Organizations like Burns and McDonnell have reported 35% cost savings and improved performance, indicating strong market potential.
Oracle Cloud Infrastructure (OCI) Government Cloud Services has secured a Provisional Authority to Operate (P-ATO) from the FedRAMP Joint Authorization Board (JAB). This accreditation confirms OCI as a compliant and secure platform for public sector workloads. Previously achieving a FedRAMP High Agency ATO, the JAB P-ATO further solidifies Oracle's commitment to mitigating data breach risks and ensuring compliance with stringent security standards. Government customers can benefit from reduced certification times and costs, accelerating their transition to cloud services.
Oracle has launched its Cloud Observability and Management Platform, designed to streamline the management of multicloud and on-premises environments. The platform offers a unified view and diagnostic services, enhancing operational efficiency with built-in machine learning for real-time anomaly detection. Early adopters include Integra LifeSciences and Lone Star College. The platform, available via Oracle Cloud Infrastructure, integrates with popular tools like Slack and Grafana, addressing the complexity of managing IT infrastructures and significantly improving performance and availability of applications.
Oracle (NYSE: ORCL) will conduct its 2020 Annual Meeting of Stockholders on November 4, 2020, at 10:00 a.m. PT. Due to COVID-19, the meeting will be held virtually to ensure the safety of participants. Proxy materials with instructions for participation and voting are available online. A recording of the meeting will be accessible until November 11, 2020. Oracle provides a range of integrated applications and autonomous infrastructure solutions. For more details, visit Oracle's official website.
Oracle has announced new integrations between Oracle Fusion Cloud Customer Experience (CX) and Sprinklr, enhancing personalized customer experiences. These integrations aim to streamline marketing and customer service efforts, allowing marketers to connect campaigns in real time and enabling service professionals to resolve requests efficiently. Key features include real-time syncing for targeted marketing and a complete view of customer interactions across multiple channels, ultimately driving customer satisfaction and loyalty.
Oracle has announced significant updates to its Fusion Cloud ERP and EPM systems, aiming to enhance efficiency, decision-making, and productivity for finance teams amid challenging economic conditions. Key innovations include touchless operations through intelligent automation, predictive planning for improved decision-making, and enhanced collaboration via digital assistants. These innovations leverage AI and natural language processing to help organizations adapt quickly and efficiently, facilitating growth and strategic initiatives.
Oracle has announced new updates to its Oracle Fusion Cloud Supply Chain & Manufacturing to enhance supply chain resilience and agility. The updates aim to improve collaboration, asset management, and long-term planning amidst disruptions caused by COVID-19 and global trade shifts. Key features include the Oracle Logistics Digital Assistant for real-time tracking, AI Planning Advisor for production disruptions, and enhanced multi-tier supply chain collaboration. These enhancements position Oracle to better support organizations in navigating complex supply chain challenges.
Oracle has announced new innovations in its customer data platform, Oracle Unity, aimed at enhancing personalized marketing programs. These updates simplify customer data management for both B2B and B2C marketers by unifying customer data, thus eliminating complex integration projects. Key features include new B2B capabilities, real-time behavioral data personalization, and improved data collection methods. Integrations with partners like Sourcepoint and OneTrust further enhance compliance with consumer data privacy regulations. These advancements aim to improve customer satisfaction and lifetime value.
Oracle announced new integrations between Oracle Fusion Cloud Customer Experience (CX) and Zoom to enhance customer interactions through video. These integrations cater to sales, marketing, and customer service teams, facilitating improved engagement and collaboration. Key features include better performance in multi-channel demand generation for marketers, faster incident resolution for customer service agents, and video engagement tools for sales teams. This collaboration aims to adapt to the surge in digital interactions, reinforcing the necessity for businesses to innovate their customer engagement strategies.
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