Oracle Unveils Its Next Generation Cloud Strategy: Intelligent Applications
Oracle adds to its industry leading Cloud portfolio
with new SaaS
with new SaaS
Cloud services and enhancements
Oracle OpenWorld, San
Francisco – September 19, 2016 – Building on its position as the
industry’s leading Cloud Applications provider, Oracle today unveiled its
strategy for next generation Software as a Service (SaaS) Cloud offerings that
blend third-party data with real-time analytics and behavioral inputs to create
Cloud Applications that adapt and learn. The result: intelligent Cloud
Applications that automatically offer individualized recommended actions and
streamline the tasks of business users such as human resource or finance
professionals.
Francisco – September 19, 2016 – Building on its position as the
industry’s leading Cloud Applications provider, Oracle today unveiled its
strategy for next generation Software as a Service (SaaS) Cloud offerings that
blend third-party data with real-time analytics and behavioral inputs to create
Cloud Applications that adapt and learn. The result: intelligent Cloud
Applications that automatically offer individualized recommended actions and
streamline the tasks of business users such as human resource or finance
professionals.
Called Adaptive Intelligent Applications, these next generation Cloud
offerings are based on the insights contained within Oracle’s Data Cloud, which
is a collection of more than 5+
billion consumer and business profiles, with over 45,000 attributes. When
activated, these new Adaptive Intelligent Applications use Oracle’s web-scale
data and apply advanced data science to learn and ingest data about an
organization’s users and their behaviors to deliver targeted information to
customers and employees. The insights from these deep analytics build a
knowledge base that helps improve business results across organizations.
offerings are based on the insights contained within Oracle’s Data Cloud, which
is a collection of more than 5+
billion consumer and business profiles, with over 45,000 attributes. When
activated, these new Adaptive Intelligent Applications use Oracle’s web-scale
data and apply advanced data science to learn and ingest data about an
organization’s users and their behaviors to deliver targeted information to
customers and employees. The insights from these deep analytics build a
knowledge base that helps improve business results across organizations.
R “Ray” Wang, principal analyst at Constellation Research said: “There is a
huge opportunity to monetize digital business through machine learning applications
and analytics, and Oracle’s large corpus of data, strong expertise in data
science, massive compute power, industry and domain expertise, and breadth of
application solutions make it well-suited to be a leader in the quickly growing
space.”
huge opportunity to monetize digital business through machine learning applications
and analytics, and Oracle’s large corpus of data, strong expertise in data
science, massive compute power, industry and domain expertise, and breadth of
application solutions make it well-suited to be a leader in the quickly growing
space.”
“A company’s data is its most valuable weapon. To remain competitive today,
companies must access their information in real time to intelligently forecast
and grow,” said Steve Miranda, Oracle’s executive vice president of
applications development. “Oracle Adaptive Intelligent Applications leverage
anonymized information from our extensive Data Cloud to optimize existing Cloud
Application functionality. When this is combined with a company’s own data, we
are able to provide unparalleled customized insights to help enhance business
performance.
companies must access their information in real time to intelligently forecast
and grow,” said Steve Miranda, Oracle’s executive vice president of
applications development. “Oracle Adaptive Intelligent Applications leverage
anonymized information from our extensive Data Cloud to optimize existing Cloud
Application functionality. When this is combined with a company’s own data, we
are able to provide unparalleled customized insights to help enhance business
performance.
Oracle Adaptive Intelligent Applications have direct benefits for
functional business units, providing them with actionable business and customer insights to make
more informed decisions:
functional business units, providing them with actionable business and customer insights to make
more informed decisions:
·
Finance professionals can nimbly negotiate best
supplier terms, while optimizing cash flow needs and balancing costs –
especially during critical financial events such as the end of a quarter or for
a high volume of payables.
Finance professionals can nimbly negotiate best
supplier terms, while optimizing cash flow needs and balancing costs –
especially during critical financial events such as the end of a quarter or for
a high volume of payables.
·
Human Resources recruiters can
automatically identify best-fit candidates in the shortest time and HR managers
can create job descriptions that will help candidates more efficiently find the
best and most well-suited positions.
Human Resources recruiters can
automatically identify best-fit candidates in the shortest time and HR managers
can create job descriptions that will help candidates more efficiently find the
best and most well-suited positions.
·
Marketing and Commerce managers can
drive higher conversion rates, lift, repeat purchases, and ultimately, revenue,
with smart, contextual offers and recommended actions for individual consumers.
Marketing and Commerce managers can
drive higher conversion rates, lift, repeat purchases, and ultimately, revenue,
with smart, contextual offers and recommended actions for individual consumers.
·
Supply Chain managers can automatically find the best
options to distribute goods around the world, while optimizing costs and price
for both the buyers and the transporters to provide the best value freight and
transportation options for enterprise shippers.
Supply Chain managers can automatically find the best
options to distribute goods around the world, while optimizing costs and price
for both the buyers and the transporters to provide the best value freight and
transportation options for enterprise shippers.
“Within the foreseeable future, every enterprise application will be a
smart application that intuitively learns from interactions with an enterprise’s
data. Oracle’s new Adaptive Intelligent solutions take this value
proposition a step further. They are set apart from others by allowing the
intelligent applications to learn from billions of anonymized consumer and
business profiles available from Oracle.” said Dave Schubmehl, research
director of cognitive systems and content analytics for IDC.
smart application that intuitively learns from interactions with an enterprise’s
data. Oracle’s new Adaptive Intelligent solutions take this value
proposition a step further. They are set apart from others by allowing the
intelligent applications to learn from billions of anonymized consumer and
business profiles available from Oracle.” said Dave Schubmehl, research
director of cognitive systems and content analytics for IDC.
Building on its industry-leading
suite of Cloud Applications, Oracle further expanded its SaaS portfolio with
additional new Cloud Applications and enhancements that span sales, marketing,
finance, human resources, and other areas of business. Some of the new
offerings include:
suite of Cloud Applications, Oracle further expanded its SaaS portfolio with
additional new Cloud Applications and enhancements that span sales, marketing,
finance, human resources, and other areas of business. Some of the new
offerings include:
·
Oracle Engagement
Cloud, part of
Oracle’s Customer Experience Cloud portfolio, is a new offering, which combines
Oracle’s sales and service capabilities in one, providing a unique combination
of sales automation, service request management, knowledge management, and
customer self-service. Oracle Engagement Cloud enables organizations’ employees
to deliver both sales and customer services from a single screen, powering a
one-stop customer experience. Oracle Engagement Cloud helps improve customer
satisfaction and loyalty, while increasing up-sell opportunities, particularly
for organizations providing high-touch and high value customer engagements,
such as wealth managers, enterprise sales reps, or managers who need access to
service request in industries such as financial services, high tech and
industrial manufacturing, consumer goods, and communications.
Oracle Engagement
Cloud, part of
Oracle’s Customer Experience Cloud portfolio, is a new offering, which combines
Oracle’s sales and service capabilities in one, providing a unique combination
of sales automation, service request management, knowledge management, and
customer self-service. Oracle Engagement Cloud enables organizations’ employees
to deliver both sales and customer services from a single screen, powering a
one-stop customer experience. Oracle Engagement Cloud helps improve customer
satisfaction and loyalty, while increasing up-sell opportunities, particularly
for organizations providing high-touch and high value customer engagements,
such as wealth managers, enterprise sales reps, or managers who need access to
service request in industries such as financial services, high tech and
industrial manufacturing, consumer goods, and communications.
·
Oracle
Financial Consolidation and Close (FCCS) Cloud, part
of Oracle’s
Enterprise Performance Management Cloud portfolio,
enables Chief Financial Officers at organizations of all sizes to minimize
risk, provide transparency, and ensure accurate results of the close. Able to
rapidly deploy in weeks, Oracle FCCS provides CFOs the operational agility they
need to effectively communicate their financial results to internal and
external stakeholders, to quickly consolidate the operating results of an
acquired business to help ensure compliance, and to scale globally without a
need to re-implement core financial processes or systems.
Oracle
Financial Consolidation and Close (FCCS) Cloud, part
of Oracle’s
Enterprise Performance Management Cloud portfolio,
enables Chief Financial Officers at organizations of all sizes to minimize
risk, provide transparency, and ensure accurate results of the close. Able to
rapidly deploy in weeks, Oracle FCCS provides CFOs the operational agility they
need to effectively communicate their financial results to internal and
external stakeholders, to quickly consolidate the operating results of an
acquired business to help ensure compliance, and to scale globally without a
need to re-implement core financial processes or systems.
·
Oracle
Revenue Management Cloud, part of Oracle Enterprise
Resource Planning (ERP) Cloud, increases
visibility into the status and value of contracts, delivers compliant revenue
recognition, and creates configurable and auditable revenue entries. The
solution allows companies to adhere to the ASC 606/IFRS 15 core principles,
accelerating the transition to the new accounting standards. Oracle ERP Cloud’s
new enhancements deliver new support to Chief Financial Officers (CFOs) and
their organizations with revenue recognition standards and multi-period
accounting capabilities. Driving efficiencies and controls, Oracle ERP Cloud
also enables organizations to scale globally with multi-language, multi-GAAP,
multi-currency, and localization extensions that can transform finance
organizations. As the most complete, modern, and proven ERP Cloud solution,
Oracle ERP Cloud’s rapidly expanding customer base includes strong momentum in
the public sector and with state and local governments.
Oracle
Revenue Management Cloud, part of Oracle Enterprise
Resource Planning (ERP) Cloud, increases
visibility into the status and value of contracts, delivers compliant revenue
recognition, and creates configurable and auditable revenue entries. The
solution allows companies to adhere to the ASC 606/IFRS 15 core principles,
accelerating the transition to the new accounting standards. Oracle ERP Cloud’s
new enhancements deliver new support to Chief Financial Officers (CFOs) and
their organizations with revenue recognition standards and multi-period
accounting capabilities. Driving efficiencies and controls, Oracle ERP Cloud
also enables organizations to scale globally with multi-language, multi-GAAP,
multi-currency, and localization extensions that can transform finance
organizations. As the most complete, modern, and proven ERP Cloud solution,
Oracle ERP Cloud’s rapidly expanding customer base includes strong momentum in
the public sector and with state and local governments.
·
Oracle
Student Cloud’s new Oracle
CX for Higher Education uses Oracle’s intuitive mobile technology to help
recruiters boost their pipeline by targeting and qualifying best-fit prospects
via social, email, and SMS CRM capabilities. Oracle Student Recruiting Cloud’s
embedded analytics also help improve forecasting and monitor and optimize
recruiters’ performance in their territories. Student Management Cloud is Oracle’s first application of student
information systems (SIS) in the Cloud. It provides a student management
roadmap and the foundation for nontraditional university functionality in a
comprehensive, next-generation SIS that supports changing academic models by managing
flexible academic structures, personalized learning, just-in-time intelligence,
and BYOD access.
Oracle
Student Cloud’s new Oracle
CX for Higher Education uses Oracle’s intuitive mobile technology to help
recruiters boost their pipeline by targeting and qualifying best-fit prospects
via social, email, and SMS CRM capabilities. Oracle Student Recruiting Cloud’s
embedded analytics also help improve forecasting and monitor and optimize
recruiters’ performance in their territories. Student Management Cloud is Oracle’s first application of student
information systems (SIS) in the Cloud. It provides a student management
roadmap and the foundation for nontraditional university functionality in a
comprehensive, next-generation SIS that supports changing academic models by managing
flexible academic structures, personalized learning, just-in-time intelligence,
and BYOD access.
·
Oracle Human
Capital Management Cloud’s
latest release provides healthcare solutions to manage complex labor rules and
contractual terms that enable customers to define eligibility rules for core
Human Resources and criteria for benefits, absence, time, and labor and
payroll. Oracle also helps provide an added layer of auditing, which can be
easily managed in the Cloud. Additional global and industry extensions for
higher education, retail, manufacturing, public sector, and professional
services, also make it easier for multinational organizations to deploy and
configure the solutions with expanded localizations for 99 countries.
Oracle Human
Capital Management Cloud’s
latest release provides healthcare solutions to manage complex labor rules and
contractual terms that enable customers to define eligibility rules for core
Human Resources and criteria for benefits, absence, time, and labor and
payroll. Oracle also helps provide an added layer of auditing, which can be
easily managed in the Cloud. Additional global and industry extensions for
higher education, retail, manufacturing, public sector, and professional
services, also make it easier for multinational organizations to deploy and
configure the solutions with expanded localizations for 99 countries.
·
Oracle Internet of Things Cloud collects
data and conducts analysis in real time. Line of business users, such as Manufacturing
Plant Managers, can monitor real-time quality control, get early insights into
predictive maintenance needs, improve worker and equipment safety, and optimize
yield through Oracle’s IoT Cloud Applications.
Oracle Internet of Things Cloud collects
data and conducts analysis in real time. Line of business users, such as Manufacturing
Plant Managers, can monitor real-time quality control, get early insights into
predictive maintenance needs, improve worker and equipment safety, and optimize
yield through Oracle’s IoT Cloud Applications.
·
Oracle Supply
Chain Management Cloud updates enable
increased flexibility, reduced costs, and improved performance and visibility
across the business. This comprehensive foundation allows forward-thinking
organizations to optimize their global supply chains from ideation to design,
to order capture, to manufacturing and planning, to shipping and logistics.
Leverages the additional insights available through capabilities such as the
Internet of Things and Oracle Data Cloud, Oracle offers the Intelligent Supply
Chain.
Oracle Supply
Chain Management Cloud updates enable
increased flexibility, reduced costs, and improved performance and visibility
across the business. This comprehensive foundation allows forward-thinking
organizations to optimize their global supply chains from ideation to design,
to order capture, to manufacturing and planning, to shipping and logistics.
Leverages the additional insights available through capabilities such as the
Internet of Things and Oracle Data Cloud, Oracle offers the Intelligent Supply
Chain.
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