Oracle Expands IoT Cloud Portfolio, Enabling Customers to Accelerate Intelligence and ROI from Connected Assets

Singapore,  September 4, 2017 — Oracle today announced
significant enhancements to the Oracle Internet of Things (IoT) Cloud. The
offering now features built-in artificial intelligence (AI) and machine
learning that powers Digital Twin and Digital Thread capabilities. As such,
customers and partners can quickly gain operation-wide visibility and leverage
predictive insights from connected assets. These insights can increase
deployment times, reduce costs, improve business outcomes, and accelerate new
market opportunities. Combining the power of Oracle IoT Cloud and enterprise
applications, Oracle also introduced new industry solutions for digital field
service, smart connected factories, and digital fleet management.

“IoT holds the
potential to transform today’s siloed operations into a modern, interconnected,
digital set of workflows with real-time visibility and responsiveness,” said
Bhagat Nainani, group vice president, IoT Applications at Oracle. “Oracle
continues to push the boundaries of IoT to help our customers significantly
simplify their IoT deployments. By receiving
real-time data streams enhanced with predictive insights, they can reach
new levels of intelligence and a much quicker realization of ROI.”

Today’s expansion
follows the recent introduction of new Oracle IoT Cloud Applications for asset monitoring,
connected workforce, fleet monitoring, and production monitoring. Also, in the
past six months alone, Oracle has more than tripled its IoT application
ecosystem of device and systems integration partners. Oracle IoT Cloud is offered both as
software-as-a-service (SaaS) applications, as well as platform-as-a-service
(PaaS) offerings, enabling a high degree of adaptability for even the most
demanding implementations.

“Hitachi
Consulting is constantly looking for industry leaders like Oracle to help
clients and prospects harness the power of data and IoT to optimize operational
and financial performance, outpace their competition and solve significant
business problems,” said Garth Carter, vice president North America Sales,
Hitachi Consulting. “Our longstanding, strategic relationship with Oracle
delivers industrial IoT solutions to digitize the physical world for
manufacturing, energy, and transportation. In particular, Hitachi is leveraging
Oracle IoT Applications – asset monitoring and production monitoring – that are
uniquely engineered to meet specific industry and functional needs. These
applications have a depth of OT, IT and IoT functionality that no competitor
can match.”

New
capabilities introduced today include:

Digital Twin is a digital representation of a physical
asset or equipment that enhances traditional analytics approaches. The object
model includes multi-faceted views into current, historical, and predictive
data, as well as operational and behavioral dimensions of that asset. This
enables remote users to not only monitor the health of that asset to prevent
failures before they occur, but also to run simulations of “what-if” scenarios
in the context of the business processes. With Digital Twin, organizations have
a new operational paradigm to interact with the physical world, allowing lower
operational and capital expenditures, minimizing downtime, and optimizing asset
performance.

Supply Chain practitioners have spent millions of
dollars in implementing SCM and ERP systems, but most often, data is manually
fed into these systems. Digital Thread is a connected business process framework that
leverages IoT and creates a “system of systems” by connecting traditionally
siloed elements in real-time throughout the digital supply chain. By providing
an end-to-end view of an asset throughout the entire manufacturing lifecycle,
Digital Thread seamlessly bridges the entire supply chain process—from product
design and order fulfillment, to manufacturing and product life cycle
management, to warehousing and transportation, to logistics and procurement.

Built-in AI and
machine learning features are now fully integrated across Oracle’s IoT
solutions portfolio. These technologies leverage machine data in the context of
business data from applications, such as manufacturing, maintenance, service,
and logistics. The built-in operational analytics help detect anomalies,
predict equipment failures, and recommend the best course of action. They also
provide the intelligence needed to evolve capabilities to increase
effectiveness and experiences of applications.

Oracle IoT
industry solutions help customers reimagine and innovate business solutions for
the connected, intelligent, context-aware, digital enterprise. New solutions
introduced today include:

·         Digital Field Service: Showcases intelligent
remote monitoring, failure prediction, over-the-air repair, and dynamic
technician dispatch. The solution features IoT Asset Monitoring Cloud, CX
Service Cloud, CX Engagement Cloud, and CX Field Service Cloud, plus the use of
augmented reality (AR) for guided equipment repair.

·         Smart Connected Factory: Demonstrates how
incident detection, root cause analysis, and smart resolution are performed
within minutes in a connected factory. The solution features IoT Production
Monitoring Cloud, SCM Cloud and ERP Cloud, and the use of virtual reality (VR)
to navigate the manufacturing floor. It can also be used for remote worker
training.

·         Digital Fleet Management: Showcases real-time
shipment tracking, risk management, and logistics synchronization. The solution
features IoT Fleet Management Cloud and Oracle Logistics Cloud.

For
additional information, visit Oracle Cloud and connect
with Oracle SCM Cloud and Oracle IoT Cloud Service on
Twitter.

The Oracle Cloud
offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class
database Platform as a Service (PaaS) and Infrastructure as a
Service (IaaS) from data centers throughout the Americas, Europe, and
Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

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