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During 2015, the GENIVI Alliance in partnership with Automotive World will host a series of four webinars themed â€śCyber Security â€“ Protecting the Connected Car.â€ť Discussions will include topics related to connected car vulnerabilities and the consequential critical need to address core cyber security issues well before the point of cyber attack. Learn about the technologies, privacy challenges and collaboration initiatives happening among vehicle manufacturers, leading suppliers, developers and automotive cyber security experts to protect the connected vehicle, passengers and back-end Big Data systems.
REDWOOD SHORES, Calif.; June 18, 2015 â€“ Oracle will host its annual Oracle PartnerNetwork global kickoff event on June 23, 2015 at 9:00 a.m. PT. The live, online event will provide partners with the strategies and information they need to embrace the cloud and profit with Oracle. Partners can register to participate in the webcast here.
For more than a decade, Oracle has been building out the industryâ€™s most complete set of cloud offerings with solutions at every layer of the ecosystem, including SaaS, PaaS, IaaS, and DaaS. The event will provide partners a deeper understanding of Oracleâ€™s focus on cloud transformation, as well as go-to-market and sales strategies for the upcoming fiscal year.
â€śBusinesses today are operating in a world of disrupt or be disrupted,â€ť said Joel Borellis, group vice president, Partner Enablement, Oracle. â€śThe cloud has lowered the barrier to entry to adopt new technologies that can accelerate how companies keep up with this rapid pace of change. There is a huge opportunity for our partners to innovate and deliver increased value to their own customers faster than ever before. This event will focus on helping our partners understand the strategies and tools they need to accelerate their cloud offerings, driving greater market opportunity and customer value.â€ť
Throughout the session, partners will also hear from other top Oracle executives on the companyâ€™s strategy, direction and key areas of focus for fiscal year 2016. Speakers will include executive vice president of product development Thomas Kurian, and executive vice president of hardware John Fowler. Partners will also hear from renowned cloud expert and managing director of THINKstrategies, Jeff Kaplan.
The event will highlight how partners can leverage new and existing OPN Enablement resources to enhance the expertise of their key team members. The interactive forum will provide partners an:Update on Oracleâ€™s channel strategy and direction for fiscal year 2016 Strategies on how to leverage Oracleâ€™s Cloud portfolio, Oracle engineered systems, and Internet of Things technologies to differentiate themselves from the competition and drive better results for customers Overview of new OPN Enablement, specialization and incentive offerings Opportunity to submit questions via social media, which executives will answer live or online
Oracle Cloud continues to show strong adoption, supporting 70+ million users and 31 billion transactions each day. It runs on 40,000 devices and 600 petabytes of storage in 19 data centers around the world. Additionally, Cloud represents one of the faster growing areas of specialization and certification across Oracleâ€™s more than 28,000 partners. More than 140 ISVs around the globe are already taking advantage of Oracle Cloud PaaS offerings for ISVs, including Oracle Database Cloud Services and Oracle Java Cloud Services. Today, Oracle PaaS provides the foundation for Oracle's own SaaS applications and powers 19 of the worldâ€™s top 20 SaaS providers. The Oracle Cloud Marketplace, which receives thousands of visitors daily, also features more than 450 unique and innovative cloud applications.
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit oracle.com/partners.About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit oracle.com.Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.Contact Info
Candice van der Laan
Blanc & Otus for Oracle
Are you using SpiraTest for the first time? Do you want to see best practices for setting up a new project and using the system from scratch. Join us for a webinar on Friday July 10th, 2015 at 10:00am EDT (UTC-4) to learn how you can use SpiraTest to setup your first project and add requirements, releases, test cases, test sets and defects.
Oracle Corporation (NYSE: ORCL) today announced fiscal 2015 Q4 results. The results were significantly impacted by the strengthening of the U.S. dollar compared to foreign currencies. Total Q4 Revenues were $10.7 billion, down 5% but would have been up 3% without the strengthening of the U.S. dollar. Software and Cloud Revenues were $8.4 billion, down 6%, but up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $416 million, growing 29%, and up 35% in constant currency. Cloud infrastructure as a service (IaaS) revenues were $160 million, growing 25%, and up 31% in constant currency. Hardware Systems Revenues were $1.4 billion, down 4%, but up 5% in constant currency.
Q4 Operating Income was $4.0 billion, and the Operating Margin was 37%. Non-GAAP Operating Income was $5.0 billion, and the non-GAAP Operating Margin was 46%. Net Income was $2.8 billion while non-GAAP Net Income was $3.5 billion. Earnings Per Share was $0.62, down 23%, and down 12% in constant currency, while non-GAAP Earnings Per Share was $0.78, down 14%, and down 5% in constant currency.
Short-term Deferred revenues were $7.2 billion, slightly down, but up 9% in constant currency compared with a year ago. Operating Cash Flow on a trailing twelve-month basis was $14.3 billion.
For fiscal year 2015, Total Revenues were $38.2 billion, essentially unchanged, but up 4% in constant currency. Software and Cloud Revenues were $29.5 billion, up 1%, and up 5% in constant currency. Cloud SaaS and PaaS revenues were $1.5 billion, up 32%, and up 35% in constant currency. Cloud IaaS revenues were $608 million, up 33%, and up 36% in constant currency. Total Hardware System Revenues were $5.2 billion, down 3%, but up 2% in constant currency. Operating Income was $13.9 billion, and the Operating Margin was 36%. Non-GAAP Operating Income was $17.4 billion, and non-GAAP Operating Margin was 45%. Net Income was $9.9 billion, while non-GAAP Net Income was $12.5 billion. Earnings Per Share was $2.21, down 7%, but unchanged in constant currency. Non-GAAP Earnings Per Share was $2.77 down 3%, but up 2% in constant currency.
â€śWe sold an astonishing $426 million of new SaaS and PaaS annually recurring cloud subscription revenue in Q4,â€ť said Oracle CEO, Safra Catz. â€śWe expect our rapidly increasing cloud sales to quickly translate into significantly more revenue and profits for Oracle Corporation. For example, SaaS and PaaS revenues grew at a 34% constant currency rate in our just completed Q4, but we expect that revenue growth rate to jump to around 60% in constant currency this new fiscal year.â€ť
â€śComing into Q4, we forecast selling $300 million of new SaaS and PaaS annual recurring revenue,â€ť said Oracle CEO, Mark Hurd. â€śWe dramatically beat that forecast by selling a cloud industry all-time-record amount of $426 million of new SaaS and PaaS business. That is a year-over-year bookings growth rate of over 200%. As our multi-billion dollar cloud business gets bigger, our SaaS and PaaS revenue growth rates are on their way up to 60% in constant currency. Compare this to our primary cloud competitorsâ€™ whose own revenue growth forecasts are on their way down to 44% and 22%.â€ť
â€śWe expect to book between $1.5 and $2.0 billion of new SaaS and PaaS business this fiscal year,â€ť said Oracle Executive Chairman and CTO Larry Ellison. â€śThat means Oracle would sell more new SaaS and PaaS business than salesforce.com plans to sell in their current fiscal year â€“ the only remaining question is how much more. Oracleâ€™s planned SaaS and PaaS revenue growth rate is around 60% in constant currency; salesforce.com has a planned growth rate of around 20%. When you contrast those growth rates it becomes clear that Oracle is on its way to becoming the worldâ€™s largest enterprise cloud company.â€ť
Q4 Fiscal 2015 Earnings Conference Call and Webcast
The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 8, 2015, with a payment date of July 29, 2015.
Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracleâ€™s Q4 results and Fiscal 2015 financial tables are available on the Oracle Investor Relations website.
A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Pass Code: 62149434.
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com or contact Investor Relations at firstname.lastname@example.org or (650) 506-4073.
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Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
"Safe Harbor" Statement: Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our expectations of future revenues and profits from our cloud business, our expected future bookings and the growth rates for such business, are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, geopolitical and market conditions, including the continued slow economic recovery in the U.S. and other parts of the world, can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (3) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and our new Oracle Cloud database as a service offerings, may not be successful. (4) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) If the security measures for our software, hardware, services or Oracle Cloud offerings are compromised or if such offerings contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and financial exposure. (7) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracleâ€™s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of June 17, 2015. Oracle undertakes no duty to update any statement in light of new information or future events.Contact Info
Oracle Investor Relations
Oracle Corporate Communications
Software suppliers and device manufacturer are coming under ever increasing pressure to create faster, more feature-rich and more secure products. To compete in todayâ€™s dynamic marketplace, technology suppliers today look to open source software (OSS).Â But while key to rapid development and deployment, increasing use of open source brings its own set of technical and logistical challenges:
DIA 2015â€”Washington DC—Jun 16, 2015
Oracle Health Sciences today announced the availability of Oracle Argus Standard Edition 8.0, Oracle Argus Enterprise Edition 8.0, and Oracle Argus Safety Japan 8.0â€”major new Oracle Argus releases for sponsors and manufacturers of pharmaceuticals, medical devices, and vaccines, as well as contract research organizations and health authorities.
This latest release of Oracleâ€™s extensive pharmacovigilance platform is designed to help safety organizations comply with new reporting regulations, including those from the International Conference on Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use (ICH) E2B(R3) and U.S. Food and Drug Administration (FDA) Electronic Vaccine Adverse Event Reporting System (eVAERS), while providing greater reporting capability and flexibility over previous versions.
Oracle Argus Standard Edition 8.0 introduces the ICH E2B(R3) and FDA eVAERS expedited reports, which are designed to support compliance with new legal requirements for adverse event reporting. The solution also features new integration with Oracle Business Intelligence Publisher for more-flexible periodic reports and with the Oracle B2B gateway for transmitting expedited reports to the regulatory authorities, according to legal requirements.
Oracle Argus Enterprise Edition 8.0 includes all of the components, and therefore, all the benefits, of Oracle Argus Standard Edition 8.0. In addition, it supports enhanced ad hoc reporting, point-in-time querying, and additional self-service analysis on the periodic report data set. These features are made possible through new and enhanced integration with Oracle Argus Safety, Oracle Argus Mart, Oracle Argus Insight, Oracle Business Intelligence Enterprise Edition, and Oracle Health Sciences Empirica Signal. The new features enable better understanding of the aggregate data and allow safety organizations to reduce the costs of creating and maintaining reports over time.
Oracle Argus Safety Japan 8.0 supports compliance with new Japanese reporting regulations, including the Japan Development Safety Update Report (J-DSUR), as well as enhancements to the expedited and periodic regulatory reports for the Pharmaceuticals and Medical Devices Agency (PMDA) in Japan. The solution also helps to improve workflow by introducing the Local Case Lock feature, allowing case processing centers in Japan to work more efficiently with their counterpart centers in the rest of the world.
â€śToday, safety and pharmacovigilance regulations are undergoing significant changes and becoming more complex than ever before,â€ť said Steve Rosenberg, senior vice president and general manager, Oracle Health Sciences. â€śOracle Argus 8.0 helps our customers maintain or increase compliance, gain actionable insights into their data, and lower their total cost of ownership, while addressing the full set of global safety challenges.â€ť
Join the Oracle Health Sciences community on Facebook and follow @OracleHealthSci on Twitter.
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit http://www.oracle.com.Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.Safe Harbor
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.Learn More Oracle Argus Standard Edition 8.0 Talk to a Press Contact
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