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Updated: 47 min 46 sec ago

Oracle Utilities Unveils the Perfect Customer Platform for the Modern Utility

Tue, 05/23/2017 - 13:00
Press Release Oracle Utilities Unveils the Perfect Customer Platform for the Modern Utility New customer to meter offering slashes tech costs by 25% and combines full power of customer information systems and meter data management systems

CS Week – Fort Worth, Texas—May 23, 2017

Oracle today unveiled Oracle Utilities Customer to Meter, a comprehensive meter-to-cash solution for today’s customer-first utility. Oracle Utilities Customer to Meter is the first offering to combine a market-leading customer information system (CIS) with a market-leading meter data management system (MDMS) into one solution with a single user interface.

Leveraging a single shared technology stack, this new solution can reduce utility costs due to faster implementation times, fewer integration points, and greater operational efficiencies. Oracle Utilities Customer to Meter delivers all of the benefits of a complete meter solution and a powerful customer platform, enabling utilities to more immediately and efficiently extract value from advanced metering infrastructure data to improve customer experience. With this streamlined approach, utilities can more easily design customer-centric, personalized programs and services, and prepare for the continued growth of smart meter programs. This holistic solution lays the groundwork for an evolving utility that wants to roll out smart meters in the future, without a major IT project.

“Utilities that leverage data to deliver an improved customer experience and more personalized programs - such as tailored time-of-use billing, or targeted home energy management advice - and do this with a single, integrated solution that combines customer and meter data, will be well poised to take advantage of the continued growth of smart meters and a smarter, more customer-centric grid”, according to Roberta Bigliani, Vice President, IDC Energy Insights.

With rising customer expectations and expanding smart grids, utilities are turning to modern, comprehensive technologies that deliver world-class customer engagement and operational efficiencies. Oracle Utilities Customer to Meter provides the platform to respond to evolving market dynamics and quickly implement new business requirements that span metering, rate analysis, billing, collections and customer programs. For example, as electric utilities face increasing distributed generation they may test new rate structures to better manage demand. With Oracle Utilities Customer to Meter, months of customization can be reduced to hours of configuration and utilities can easily test and implement the changes necessary to evolve. Oracle Utilities Customer to Meter consolidates advanced usage and billing capabilities for all meters – from scalar to interval—so utilities can manage those meters and their data in one place and derive greater value from grid investments.

“Oracle Utilities continues to partner with utilities around the globe to solve the issue of increasing complexity in this rapidly transforming industry. Simplifying meter-to-cash processes is an important part of those partnerships. This new solution does exactly that: it allows utilities to get up and running in a matter of months with a complete meter-to-cash solution and allows them to leverage that complete solution to streamline business processes and easily stay ahead of rapidly evolving business drivers impacting how they serve their customers,” said Rodger Smith, senior vice president and general manager, Oracle Utilities. 

Oracle Utilities Customer to Meter is redefining the utility customer platform by enabling utilities to:

  • Implement a full meter-to-cash solution in a matter of months
  • Leverage one technology stack and reduce technology costs
  • Achieve service excellence in every customer interaction with a single, intuitive user interface
  • Deliver a powerful, streamlined customer experience across every channel
  • Expand smart meter programs seamlessly and derive more value from AMI data

Additional Resources Contact Info Valerie Beaudett
Oracle Corporation
+1 650.400.7833
valerie.beaudett@oracle.com Christina McDonald
Burson-Marsteller
+1 212.614.4221
christina.mcdonald@bm.com About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit 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 preceding 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. 

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Valerie Beaudett

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Christina McDonald

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Categories: Database, Vendor

AS ONE Leverages Oracle Database Cloud to Publish Inventory Data to 4,300 Dealers in Real Time

Mon, 05/22/2017 - 13:00
Press Release AS ONE Leverages Oracle Database Cloud to Publish Inventory Data to 4,300 Dealers in Real Time Oracle Database Exadata Express Cloud Service to help facilitate collaboration with expanding dealer network, supporting business growth and cost reduction

Redwood Shores, Calif.—May 22, 2017

Oracle today announced that AS ONE Corporation has released APIs using Oracle Database Exadata Express Cloud Service, which provides Oracle's latest database, Oracle Database 12c Release 2, in the cloud. With these offerings, AS ONE will be able to provide its 4,300 dealerships with real-time information for over 300,000 inventory datasets. Prior to the investment in Oracle’s solutions, the data could only be published once a day.

AS ONE is a general trading company of scientific instruments, as well as industrial, physics and chemistry equipment, that provides hospital and nursing care products. It offers more than 1.4 million items of product information through catalogs and the company's Web shop—AXEL—and sells products through a delivery system that connects users with dealers and manufacturers. AS One had been looking for a mechanism for real-time external collaboration of over 300,000 inventory data sets with minimum load and processing time.

In July 2014, the company consolidated the database infrastructure—which originally existed in six disparate systems—into Oracle Exadata. According to AS ONE, the integration reduced the operation time by five times and improved the processing performance up to 20 times. Oracle Database Exadata Express Cloud Service serves as an effective approach to access real-time data, and the Oracle Exadata and Oracle REST Data Services can easily develop REST API of Oracle Database to AS One’s 4,300 dealerships. Initially, AS One plans to leverage the solution for dealership data reference, and eventually expand to include functions such as delivery date reply and order reception. In addition, AS One will leverage chatbot technology to implement inventory inquiries via a business chat application.

System integration in this project was handled by Kanden System Solutions Co., Inc.

Additionally, AS One also implemented Oracle Data Visualization Service to visualize 1.4 million data points at the core of the system.

"AS ONE is a general trading company of catalogs and web based physics and chemistry equipment, founded in 1933. It provides creative value in advanced IT and logistics in the research, industry and medical fields. It opened an office in Shanghai, China in 2007 and opened its base in Santa Clara, California in 2017. In addition to catalogs, AS ONE’s sales channels expanded to e-commerce. As the number of products to be handled continues to increase, Oracle Database Exadata Express Cloud Service helped realize a mechanism to link inventory information to external sites with REST API in a short period of time. After publishing the API to dealers in the short term, data can be obtained automatically in real time,” said Mr. Tomohiro Fukuda, General Manager, IT Department, AS ONE Corporation 

Additional Information Contact Info Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com Sarah Fraser
Oracle
+1.650.743.0660
sarah.fraser@oracle.com About Oracle The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at 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. 

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Sarah Fraser

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Customers Rapidly Adopting Oracle’s New Security Cloud Services

Fri, 05/12/2017 - 13:00
Press Release Customers Rapidly Adopting Oracle’s New Security Cloud Services Oracle’s Identity SOC portfolio helps enterprises modernize their security operations through context-aware detection and machine learning

Redwood Shores, Calif.—May 12, 2017

Oracle today announced that Oracle’s Identity-based, Security Operations Center (SOC) cloud services portfolio is experiencing exceptional growth, well surpassing 1 million users since its launch just six months ago. Oracle’s Identity SOC framework provides next-generation, integrated and intelligent security monitoring, threat detection, analytics and remediation across heterogeneous, hybrid clouds—powered by comprehensive identity context and enforcement. Edgile, Levi Strauss & Company, Marlette Funding, New Mexico Human Services Department, Nomis Solutions, Ooyala, Pragmatyxs and UBI Banca are among the many organizations around the world who have chosen Oracle’s comprehensive security cloud services portfolio to address complex security and management challenges across their hybrid IT environments. 

“As organizations continue their journey to the cloud, they are looking for an integrated, intelligent and comprehensive security platform that can manage, better secure and automate processes across hybrid IT environments,” said Rohit Gupta, group vice president, Cloud Security products at Oracle. “Customers agree that Oracle’s Identity SOC approach offers a critical controls framework to help enhance their security posture for applications and data—both in the cloud and the datacenter.”

“At Levi’s, my primary job is to protect the company brands and reduce our overall risk. From an IT perspective we have moved quickly into the cloud and have upgraded our SOC intelligence capability as a result. Levi’s invested in Oracle CASB Cloud Service to help give us visibility and better protection for our IaaS investments,” said Steve Zalewski, Chief Security Architect, Levi Strauss & Company.

“Ooyala’s cloud first posture meant that our security coverage just got broader, but I can’t afford to throw more bodies at the problem,” said Bill Billings, Chief Information Security Officer, Ooyala, a subsidiary of Telstra. “We needed a modern approach to security and to take advantage of new automation tools to allow me to ‘trust but verify’ what my vendors, service providers, and employees were doing in our cloud environment. With Oracle CASB Cloud Service, we now monitor user behavior across cloud properties as well as automatically detect configuration drift. This gives us consistent, detailed and clear visibility into user and application activity.”

“To support our company business toward multichannel, physical and digital transformation requires the best in class security levels,” said Fabio Gianotti, Chief Security Officer, UBI Banca. “We are enabling a hybrid SOC strategy based on cloud technologies and this approach must have innovative security solutions. We have invested in Oracle Security Cloud Services to enhance our ability to detect and respond not only to potential threats but also data leakage and to better meet our regulatory requirements.”

Context-Aware, Comprehensive SOC Solution Uses Machine Learning to Reduce Threats

The world’s first Identity SOC security framework, Oracle’s portfolio provides consistent security controls across cloud and on-premises environments that help organizations better detect and respond to advanced threats and more effectively predict paths of escalation. Oracle’s Identity SOC portfolio also unifies threat, user and operational data from traditionally separate sources and uses machine learning to empower these critical operation centers with an identity-centric, context-aware intelligence solution. This extensive portfolio of security features makes Oracle’s Identity SOC ideal for companies in a wide variety of industries, including manufacturing, banking and finance, utilities, technology, retail, government and healthcare.

In addition, Oracle was recently recognized as a leader in Gartner’s February 2017 “Magic Quadrant for Identity Governance and Administration” report.

Oracle’s Identity SOC combines Oracle CASB Cloud Service, Oracle Identity Cloud Service, Oracle Security and Monitoring Analytics Cloud Service, and Oracle Configuration and Compliance Cloud Service into an integrated offering that delivers bi-directional controls, actionable intelligence and automated remediation built around machine learning with advanced analytics.

Oracle’s Security Cloud Services at Upcoming Events

Join Oracle at Infosecurity Europe 2017 – Booth P60 and at Gartner Security & Risk Management Summit to learn more about Oracle’s Identity SOC and its integrated offerings.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Contact Info Nicole Maloney
Oracle PR
+1.650.506.0806
nicole.maloney@oracle.com Jesse Caputo
Oracle PR
+1.650.506.5967
jesse.caputo@oracle.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.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 preceding 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. 

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Nicole Maloney

  • +1.650.506.0806

Jesse Caputo

  • +1.650.506.5967

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Emerson Adopts Oracle HCM Cloud Suite to Unify its Global Workforce

Thu, 05/11/2017 - 13:00
Press Release Emerson Adopts Oracle HCM Cloud Suite to Unify its Global Workforce Global technology and engineering solutions company implements Oracle HCM Cloud to achieve a holistic view of its 80,000 employees

Redwood Shores, Calif. —May 11, 2017

Oracle today announced that Emerson, a global technology and engineering solutions company, has adopted Oracle Human Capital Management (HCM) Cloud to gain an in-depth view into its global employee base. The full Oracle HCM Cloud suite implementation for Emerson includes: Core HR, Payroll, Performance Management, Goal Management, Career Development, Talent Review & Succession Management and Workforce Compensation. The data analytics delivered by Oracle HCM Cloud will enable Emerson to support the complexities of a varied and shifting workforce as it transforms its business model from traditional manufacturing to a value-added, solutions provider.

To better assess and manage changes across its global workforce, Emerson needed a single global human resources solution that could align common global HR processes, support local compliance needs across 100 countries and engage its workforce. By seamlessly integrating Oracle HCM Cloud with its existing deployments of Oracle E-Business Suite and Oracle Enterprise Resource Planning (ERP) Cloud, Emerson can leverage powerful data analytics to identify and address HR trends and issues, such as recruitment and turnover.

“At Emerson, we pride ourselves in delivering the latest technologies to improve the processes and performance of our industrial, commercial and residential customers. In that same vein, we also aim to empower our employees by giving them easy access to the latest innovations,” said Jim Rhodes, vice president of human resources information systems at Emerson. “With Oracle HCM Cloud, we will be able to proactively support employees worldwide with truly integrated solutions for everything from performance and payroll to recruiting and employee records.”

Emerson’s previous on-premises solution was unable to provide a complete view of its employee base and required technical specialists to manage and maintain the system. With Oracle HCM Cloud, Emerson expects to drive efficiencies across its global business by taking advantage of in-house digital deployment services to provide unified, timely and accurate reports. Oracle HCM Cloud also delivers high-level data security features relevant for the management of sensitive employee information.

“When organizations are able to quickly and easily gain actionable insights into their global employee base they can improve both the employee and customer experience,” said Gretchen Alarcon, group vice president, HCM Product Strategy at Oracle. “Oracle HCM Cloud will enable Emerson to uncover valuable business insights that will ultimately help its transition to a value-added manufacturer.”

Emerson plans on implementing the Oracle HCM Cloud in a three-phase approach and will work with an Oracle implementation partner and Oracle Customer Support for trusted, secure and comprehensive support throughout the implementation process. 

  Contact Info Jennifer Yamamoto
Oracle
+1.916.761.9555
jennifer.yamamoto@oracle.com Additional Information

To learn more about Oracle HCM Cloud, follow @OracleHCM on Twitter or Facebook, or read the Modern HR in the Cloud blog

About Emerson Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.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 preceding 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.

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Jennifer Yamamoto

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Oracle API Platform Cloud Enables Customers to Drive Business Transformation and API-First Thinking

Wed, 05/10/2017 - 13:00
Press Release Oracle API Platform Cloud Enables Customers to Drive Business Transformation and API-First Thinking Helps developers monetize new opportunities and deliver better customer experiences

Redwood Shores, Calif.—May 10, 2017

Oracle today expanded Oracle Cloud Platform’s integration offerings with the availability of Oracle API Platform Cloud Service. Bringing together leading API-first design and governance capabilities from recently acquired Apiary and API management from Oracle, the new cloud service delivers end-to-end capabilities for designing, prototyping, documenting, testing, and managing the proliferation of critical APIs. Through a completely new and simplified API management experience, users can easily support changing business demands while having clear visibility into who is using APIs for better control and monetization of digital assets.

“Data is the new corporate currency and APIs are critical to business modernization and agility, enabling users to easily connect and share key information across applications and devices—mobile, IoT, in the cloud or on-premises,” said Amit Zavery, senior vice president, Oracle Cloud Platform. “The Oracle API Platform Cloud enables developers to capitalize on new opportunities by enabling users to simply and securely manage the entire lifecycle of their APIs.”

Part of the Oracle Cloud Platform, Oracle API Platform Cloud Service is designed to eliminate the complexities associated with transforming on-premises API solutions into the cloud, so companies can thrive in the digital economy. Users can grant external developers and partners access to data locked behind firewalls, inside applications, and within data stores, enabling them to power a larger community to innovate and develop new monetization strategies. It also empowers developers to manage different interfaces for a variety of audiences using advanced, but easy-to-use, API management capabilities.

“As organizations continue to adopt not one but multiple cloud vendors, information has never been more federated. Real time access to such assets via APIs has therefore become a priority for our customers,” said Luis Weir, Chief Architect, Application Services, Capgemini UK. “Oracle API Platform Cloud Service delivers a pure-play third-generation API solution capable of creating and managing APIs that run in any vendor’s cloud and/or on-premises—while keeping the entire platform operations and API lifecycle central in the Oracle Cloud. The incorporation of Apiary into the platform, only makes it better as developers also get the tools they need to help ensure that those APIs are well designed, documented and are easy to consume.”

“Customers want to unlock the value in their systems by delivering APIs to internal developers and even customers to re-invent and remix critical business functions,” said Steve Giovannetti, CTO and Founder, Hub City Media. “Oracle API Platform Cloud reduces the administrative burden of launching services by handling API discovery, security, throttling, and versioning in an innovative hybrid cloud solution.”

“Trunk Club has been able to develop new solutions quickly with Oracle Apiary,” said Brian Lee, engineering manager at Trunk Club. “Originally, a lack of API documentation left a lot of room for interpretation, but since implementing Oracle Apiary, API documentation has been a game changer. Front-end and back-end teams have been able to focus on better API design, and the integrated mock server has allowed us to develop in parallel. Not only has development time gone down, but using Oracle Apiary also brought the architecture and payload discussion earlier in the development process, making it easier for us to collaborate across teams and platforms.”

Key capabilities in the Oracle API Platform Cloud Service include:

  • Design: Collaborate company and customer requirements via API Descriptions and Build API semantic guides for governance and control.
  • Build: Create APIs on top of existing services to enable access to data formerly locked inside legacy apps and data stores.
  • Security Features: Assign industry-standard security and threat protection to APIs with no coding, including OAuth 2.0, IP filtering, and rate limiting.
  • Hybrid Deployment: Choose to deploy the gateway on-premises, in Oracle Cloud or through third-party clouds with the ease of a single-click. Create API policy once, deploy everywhere—a rich lifecycle management tool.
  • Publish: Browse a comprehensive list of proven APIs from Oracle, the community, and your own organization.
  • Consume: Register third-party apps easily to allow them the same seamless API utilization as pre-loaded Oracle SaaS APIs.
  • Monitor: View operational API metrics on a single dashboard to take action quickly.

When used in combination with Oracle’s larger cloud portfolio, Oracle API Platform Cloud can deliver API management as part of a comprehensive and unified PaaS solution to simplify the use of API-related tools including identity management, process management, content management, integration and applications development.

Contact Info Nicole Maloney
Oracle
+1.415.235.4033
nicole.maloney@oracle.com Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.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 preceding 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. 

Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145

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Oracle Announces Data Center Plans for India

Wed, 05/10/2017 - 05:30
Press Release Oracle Announces Data Center Plans for India

ORACLE OPENWORLD, NEW DELHI —May 10, 2017

Oracle today announced it will expand its cloud services in India over the next six to nine months with plans for an Oracle data center in India.

Over the coming months Oracle will be reviewing proposals from government and business partners to provide customers with the capability to build and move workloads to an India-based cloud. The services will offer uncompromised security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings.

Oracle’s expanded infrastructure footprint is a result of tremendous customer demand.

“Our customers and partners in India have trusted their businesses and mission-critical workloads to the Oracle Cloud for years,” said Thomas Kurian, president of product development, Oracle. “With this expansion we will be able to further support customer choice adding to capabilities already available through deployments of Oracle Cloud at Customer, as well as other Oracle Cloud data center regions in Asia Pacific.”

Contact Info Vandana Shenoy
Oracle
+91.9811551760
vandana.shenoy@oracle.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.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. 

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Oracle Cloud Platform Adds New Levels of Performance, Availability, and Access for Oracle Database Applications

Tue, 05/09/2017 - 16:00
Press Release Oracle Cloud Platform Adds New Levels of Performance, Availability, and Access for Oracle Database Applications Oracle Real Application Clusters, Oracle FastConnect, and Microsoft Windows Server available on Oracle’s next gen IaaS, providing customers an expanded range of infrastructure capabilities

Redwood Shores, Calif.—May 9, 2017

Continuing its Oracle Cloud Platform innovation, Oracle today announced major enhancements that make it easier for organizations to move enterprise database applications to the cloud. Oracle now offers Oracle Real Application Clusters (RAC), Oracle FastConnect private networking capabilities, and Microsoft Windows Server support for Oracle’s high performance next generation IaaS. These offerings enable a new range of customers to deploy and access Oracle Database applications in the cloud with performance and availability on par or exceeding on-premises, and demonstrate performance of up to 20 times faster on benchmark tests compared with Oracle running on a competitor’s cloud.* 

Oracle is the only cloud vendor to provide customers with complete and highly available enterprise application environments in the cloud. With this announcement, Oracle is delivering unique, integrated platform services to mid-sized and large enterprises that don’t have the expertise or capital to maintain comparable systems on-premises. Customers can now use Oracle’s next generation IaaS to deploy applications based on Microsoft Windows, Oracle Linux, and other Linux distributions, and scale to millions of operations per second, connect to Oracle RAC Databases on bare metal servers that support hundreds of thousands of transactions per second, and use Oracle FastConnect to connect these applications to on-premises networks at costs as low as one-twentieth of a competitor’s comparable offerings for high bandwidth users.** Customers can either use all the services and pay an hourly charge, or purchase a subscription for consistent billing.

“Enterprise customers and ISVs have high expectations for performance and availability for their database applications. At the same time, they want to preserve hard-won experience and best practices, particularly from on-premises deployments,” said Kash Iftikhar, vice president of product management, Oracle. “We introduced our next generation IaaS to address all of these requirements. With these database, compute, and networking enhancements, Oracle Cloud Platform offers a complete, high performance solution for business-critical database applications in the cloud.”

Oracle Removes Roadblocks, Frustration, and Guesswork for Infrastructure Customers

ICAT provides property insurance protection to over 65,000 homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States.

“ICAT is in the catastrophe insurance business, so we’re very sensitive to risk and business continuity. We’ve run our mission-critical online quoting application on-premises with Oracle Database for years, but keeping up with business growth was a challenge,” said Mike Ferber, CIO, ICAT. “The Oracle Database Cloud Service on bare metal exceeded our performance requirements and made a move to the Oracle Cloud feasible. The ability to quickly scale up processing power, as well as leverage Oracle RAC in the cloud, gives us great confidence that we will be able to offer our customers the experience and reliability necessary with our new cloud-based system.”

Darling Ingredients Inc. is a world leader in organic ingredients and specialty products for customers in the pharmaceutical, food, pet food, feed, and other industries.

“Darling Ingredients has had an aggressive plan to move all of our key IT applications into the cloud. We have a number of critical Oracle and non-Oracle applications, many of which rely on Oracle Database,” said Tom Morgan, Oracle Apps DBA Manager at Darling Ingredients. “Oracle Database Cloud Services on bare metal met our stringent performance requirements. Having predictable, high bandwidth connectivity to our end users is critical, and Oracle FastConnect was a great solution.”

Penn State University’s Institute for CyberScience (ICS) provides High Performance Computing (HPC) resources and capabilities to the research community, both internal and external to the university through its Advanced CyberInfrastructure (ICS-ACI).

“HPC is typically the most demanding workload from a CPU, storage, and networking perspective,” said Chuck Gilbert, Technical Director and Chief Architect for Advanced Cyberinfrastructure at Penn State University. “Oracle Cloud Platform, with its Bare Metal Cloud Compute Service, was our choice for HPC, equaling our on-premises resources and meeting our performance requirements. The addition of Oracle FastConnect makes it possible for our customers to move huge amounts of data in and out of the cloud securely and consistently. We’re leveraging Oracle Cloud to support our exponentially growing demand for HPC projects, and help researchers get resources and results faster. By leveraging a Hybrid Cloud Bursting Model, ICS-ACI will be able to service all workload demands from our researchers above and beyond existing on premises capacities.”

Oracle Enhances Oracle Cloud Platform Services

Oracle Cloud Platform offers the broadest range of integrated services to enable customers of any size and at any price point to easily develop, test, and securely and cost-effectively deploy their business-critical applications in the cloud. Oracle Cloud Platform’s next generation IaaS capabilities have been expanded to include:

  • Support for two-node Oracle RAC on bare metal compute, providing proven, continuous database availability through failures or software maintenance. Two-node RAC can scale on-demand from 4-72 OCPUs, with 1TB of RAM and 24TB of storage.

  • Oracle FastConnect on next generation IaaS delivers customers an on-demand private network connection that offers flexible bandwidth options (increments of 1Gb or 10Gb), can scale up and down with their business needs, and can be provisioned in minutes via console and API. Current global partner providers are Equinix and Megaport.

  • Support for Microsoft Windows Server on both 1, 2, 4, 8, 16-OCPU virtual machine compute and three 36-OCPU bare metal compute shapes provides users a range of compute, memory, and storage resources, with image portability across instance types, all on the same, high performance virtual cloud network.

  • Support for CentOS, RHEL, and Ubuntu, which along with Oracle Linux and Microsoft Windows Server distributions covers the vast majority of enterprise operating systems.

*Performance compares internal benchmarks of Oracle RAC on Oracle Database Cloud Service on bare metal versus Oracle Database 12.1 on Amazon Web Services M4.10xlarge EBS optimized instances (www.oracle.com/corporate/pressrelease/database-benchmarking-092016.html and docs.aws.amazon.com/AWSEC2/latest/UserGuide/EBSOptimized.html).

**Price compares Oracle FastConnect versus Microsoft Azure Express Route in high bandwidth scenario (10 Gbps, 500 TB/month) (https://cloud.oracle.com/bare-metal-network/pricing and azure.microsoft.com/en-us/pricing/details/expressroute/).

Contact Info Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com Jesse Caputo
Oracle
+1.650.506.5967
jesse.caputo@oracle.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.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 preceding 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. 

Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Jesse Caputo

  • +1.650.506.5967

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Lenox Deploys Oracle Commerce Cloud to Modernize Shopping Experience

Mon, 05/08/2017 - 14:30
Press Release Lenox Deploys Oracle Commerce Cloud to Modernize Shopping Experience Leader in Quality Tabletop, Giftware and Collectibles Engages Shoppers with Personalization

Redwood Shores, Calif.—May 8, 2017

Today Oracle announced that Lenox is using Oracle Commerce Cloud to modernize its omnichannel shopping experience and deliver a steady stream of new products and features at its namesake Lenox and Reed & Barton brands. By leveraging Oracle Commerce Cloud’s configurable, customizable storefront, Lenox can now personalize what customers see based on preferences and shopping patterns, and streamline business operations while supporting its mobile and desktop sales.

“Our focus is providing customers enduring luxury products and trend-setting brands with a fresh, engaging shopping experience. Oracle Commerce Cloud keeps us current in a rapidly changing consumer environment across online and mobile channels with over 25 percent improvement in year-over-year mobile sales,” said Ravi Kurumety, CIO, Lenox Corporation. “Consumers are inspired and empowered by a more visual, intuitive shopping experience where they can easily discover new complementary items and designs to patterns they already own.”

Oracle Commerce Cloud enables Lenox to better support and promote exclusive designs with leading brands and designers like Dansk, Marchesa, and Kate Spade New York, as well as its own popular Lenox dinnerware and giftware. Lenox selected Oracle Commerce Cloud for its speed to market and its retail-rich functionality. For Lenox, the results are a reduction in total cost of ownership, faster access to new features and payment options, empowerment of the business teams, and a more connected shopping experience when customers shop using a mix of mobile, call center and desktop.

Oracle Commerce Cloud was implemented by Oracle Commerce Cloud Consulting (OC3), a team that specializes in e-commerce and is at the forefront of delivering innovation in a cloud services framework. 

“With fantastic support from our executive team and Oracle, we were able to deploy Oracle Commerce Cloud in just about 6 months. The cloud service allows Lenox to personalize customer promotions, introduce new products faster, and deliver more effective search results and recommendations, driving increased visibility and productivity,” said Kurumety.

“With compelling offers from our consulting team, we were able to deliver a rapid deployment in partnership with Lenox in time for the peak trading season,” said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. “Our cloud first strategy allows us to deliver new innovations more frequently to serve the retail market.”

  Contact Info Matt Torres
Oracle
+1 415-595-1584
matt.torres@oracle.com About Oracle Retail

Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.oracle.com.

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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.

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The preceding 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. 

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Oracle Optimizes Global Transportation and Trade Compliance Processes

Mon, 05/08/2017 - 13:30
Press Release Oracle Optimizes Global Transportation and Trade Compliance Processes New cloud trade and transportation management capabilities help organizations modernize logistics processes, increase perfect order performance and lower supply chain costs

Redwood Shores, Calif.—May 8, 2017

Oracle today announced a broad set of market-driven enhancements to Oracle Logistics Cloud that empower organizations to streamline global transportation and trade compliance processes. Under constant pressure to deliver goods faster, organizations can take advantage of the latest release of Oracle Logistics Cloud to streamline transportation processes, increase the occurrence of perfect order performance and reduce order cycle times. The new capabilities will also help organizations speed up delivery across all modes of domestic and international transport in order to help customers receive goods faster.

The latest release of Oracle Logistics Cloud includes new capabilities in both Oracle Transportation Management (OTM) Cloud and Oracle Global Trade Management (GTM) Cloud. The latest innovations help logistics, global trade and supply chain professionals achieve regulatory compliance by creating a more efficient logistics network that provides complete visibility and control over all orders and shipments. Built as a native trade and transportation platform, Oracle Logistics Cloud provides a unified, cloud-based solution for managing all aspects of a global logistics network.

“It’s challenging to manage the complexity involved with transporting goods to different regions and countries, and we’re committed to innovation in logistics cloud applications to make it as easy as possible for organizations to comply with trade and customs regulations,” said Derek Gittoes, vice president of supply chain management product strategy at Oracle. “The latest release of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud helps organizations streamline global transportation and trade compliance processes by providing a new modern user interface that maximizes user productivity.” 

Built for the cloud, the latest releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud introduce intuitive user experience enhancements that provide users with the vital information needed for decision making on the device of their choice. With the Logistics Adaptor in Oracle Integration Cloud Services (ICS), customers can deploy Logistics Cloud quicker and easier with products such as Oracle Supply Chain Management (SCM) Cloud and Oracle Enterprise Resource Planning (ERP) Cloud to enable an end-to-end order-to-cash solution in the cloud.

Additional features include:

  • Broad support for import, export, and transit declarations to ease the process of preparing customs declarations for users
  • New fleet management capabilities effectively manage private and dedicated fleet and carrier resources, allowing increased utilization and cost savings
  • New rate maintenance features enable customers to insert and update freight rates in a simpler manner than ever before through spreadsheet importing and exporting capabilities
  • Advances in 3D load configuration, which help organizations optimize the packing of trailers and containers, improve equipment utilization and reduce the number of trucks needed to move goods
  • Enhancements in dock scheduling capabilities streamline and simplify the dock appointment process
  • Support for license reservations ensure that the license will be guaranteed to be available when the goods are shipped. This is part of the License Management functionality in Oracle Trade Compliance, which reduces delays in delivering goods to customers.

The latest releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud are available now for existing and new customers. Organizations can choose flexible deployment options to best fit their needs.

For additional information on Oracle Supply Chain Management (SCM) Cloud, visit Facebook, Twitter or the Oracle SCM blog.

Contact Info Joann Wardrip
Oracle
+1.650.607.1343
joann.wardrip@oracle.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at cloud.oracle.com.

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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

The preceding 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. 

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Oracle and AT&T Enter into Strategic Agreement

Thu, 05/04/2017 - 18:00
Press Release Oracle and AT&T Enter into Strategic Agreement AT&T to Move Databases and Applications Workloads to the Oracle Cloud

Redwood Shores, Calif.—May 4, 2017

Oracle today announced that AT&T signed an agreement to move thousands of its large scale internal databases to Oracle’s Cloud Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). Under the agreement, AT&T will migrate thousands of existing Oracle databases containing petabytes of data plus their associated applications workloads to Oracle Cloud.

The agreement gives AT&T global access to Oracle’s cloud portfolio offerings both in the public cloud and on AT&T’s Integrated Cloud. This includes Oracle’s IaaS, PaaS, Database-as-a-Service (DBaaS), and Software-as-a-Service (SaaS) which will help increase productivity, reduce IT costs and enable AT&T to gain new flexibility in how it implements SaaS applications across its global enterprise. AT&T has also agreed to implement Oracle’s Field Service Cloud (OFSC) to further optimize its scheduling and dispatching for its more than 70,000 field technicians. With OFSC, for example, AT&T will combine its existing machine learning and big data capabilities with Oracle’s technology to increase the productivity, on-time arrivals and job duration accuracy of AT&T’s field technicians.

“This is an historic agreement,” said Mark Hurd, CEO, Oracle. “The Oracle Cloud will enable AT&T to use Oracle technology more efficiently across every layer of the technology stack. This includes AT&T’s massive redeployment of Oracle Databases, which will be provisioned entirely from the Oracle Cloud Platform including our highly cost effective Exadata as a Service.”

AT&T has led the industry when it comes to virtualizing and software-controlling the wide area network. The company’s goal is to virtualize 75% of its core network functions by 2020, hitting 55% by the end of 2017.

“We believe that the future of the network is to be data-powered, to be software-centric, and to be fast and responsive,” said John Donovan, chief strategy officer and group president of AT&T Technology and Operations. “We call this three-pronged approach AT&T Network 3.0 Indigo, and it’s all about enabling a seamless and intuitive network experience for our customers. This collaboration with Oracle accelerates our network transformation and migration to the cloud to expand efficiency, performance, and reduce cost while improving overall customer service.”

The AT&T agreement builds on the strong momentum that has made Oracle the world’s fastest growing large-scale cloud computing company.

Contact Info Scott Thornburg
Oracle
+1.415.816.8844
scott.thornburg@oracle.com Kris Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com Fletcher Cook
AT&T Corporate Communications
+1.214.757.7629
cf7357@att.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

About AT&T

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation’s best data network* and the best global coverage of any U.S. wireless provider.** We’re one of the world’s largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions. 

Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and YouTube at youtube.com/att.

© 2017 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

*Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q3+Q4 2016 across 121 markets.

**Global coverage claim based on offering discounted voice and data roaming; LTE roaming; and voice roaming in more countries than any other U.S. based carrier. International service required. Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.

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 preceding 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. 

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Oracle Announces EU Region Expansion in Germany

Thu, 05/04/2017 - 17:00
Press Release Oracle Announces EU Region Expansion in Germany New IaaS foundation and capabilities enable customers to move mission-critical applications to the cloud

Redwood Shores, Calif.—May 4, 2017

Continuing its commitment to cloud customers through extensive engineering and infrastructure investments, Oracle today announced enhancements to the Oracle Cloud EU Region in Germany with the addition of modern infrastructure as a service (IaaS) architecture and new IaaS and platform as a service (PaaS) cloud services. German-based modern IaaS will enable organizations to build and move mission-critical workloads to the cloud with uncompromised security and governance at a significant price performance advantage both over existing on-premises infrastructure and competitive cloud offerings. Oracle’s expanded infrastructure footprint is a result of tremendous customer demand with non-GAAP cloud revenue up 71 percent in Q3FY17 to $1.3 billion. The Oracle Cloud EU Region in Germany builds on the previously announced Oracle Cloud UK Region. The Oracle Cloud EU Region in Germany is expected to come online in the second half of this calendar year.

“Our customers and partners in the EU and in Germany have trusted their businesses and mission-critical workloads to the Oracle Cloud for years,” said Thomas Kurian, president of product development, Oracle. “The expansion of the Oracle Cloud EU Region in Germany will deliver the best cloud services, not only our leading SaaS offerings, but also our new PaaS and IaaS offerings. Oracle will be providing EU-based cloud customers with unmatched performance, availability, and governance, and support of the broadest range of enterprise applications from any cloud platform.”

The expansion of the Oracle Cloud EU Region in Germany will consist of three high bandwidth, low latency sites—or Availability Domains (ADs). These ADs are located within the Frankfurt metropolitan area and operate in a completely fault-independent manner. This differentiated architectural approach along with unique to cloud technologies like Oracle Real Application Clusters (RAC), provides the highest levels of failure protection and availability for Oracle customers’ most demanding cloud-based applications. Availability Domains are deeply integrated into the Oracle Cloud Platform, easing use and eliminating complex architectural decision-making around availability.

With today’s news, Oracle will be providing EU-based customers with a comprehensive set of cloud services, including SaaS and the new PaaS and IaaS capabilities to support their journey to the cloud. Whether they are migrating Oracle Database applications, or building new ones, Oracle Cloud Platform is the fastest, most reliable platform. Oracle already has a major presence in Germany with Global Drinks, Lufthansa Cargo AG, and Mövenpick already using Oracle Cloud services in the country.

“Oracle cloud technology is enabling enterprises to develop new services, create new digital experiences for their customers and compete in new markets. This investment in Germany demonstrates our commitment to provide unrivalled state of the art technology infrastructure where and when our customers need it.  This will be particularly important as companies ensure their migration to the cloud complies with impending EU General Data Protection Regulations,” said Frank Obermeier, vice president and Country Leader, Oracle Germany.

“We are working with our EU and global customers to help them determine how to accelerate their migration to the cloud using modern SaaS, PaaS, and IaaS services,” said Tim Jennings, chief analyst for Enterprise IT at Ovum. “The enhanced Oracle EU Region in Germany will provide organizations with the full spectrum of cloud services, delivered with the same levels of enterprise-class performance, security and availability they have come to expect from their on-premise technologies.”

Customers and Partners Eager to Use Oracle Cloud’s IaaS in Germany

“Cloud computing is revolutionizing the ability to provide technology platforms and infrastructure ‘as-a-Service,’ helping companies quickly and cost effectively bridge the gap to digital innovation,” said Yves Bernaert, senior managing director, Accenture Technology in Europe, Africa and Latin America. “Accenture helps its clients take a Cloud First approach to harnessing digital disruption and become high velocity enterprises—agile, connected and optimized to navigate their unique Journey to Cloud and outperform the competition. Accenture is excited to bring this additional offering to our clients as it provides a compelling value proposition for those running local, in-country, fully scalable and integrated cloud solutions covering applications, platform and infrastructure. As one of the leading Oracle systems integrators globally and Oracle Germany Partner of the Year 2017 for IaaS, and a Diamond level and Global Cloud Elite business member of the Oracle PartnerNetwork (OPN), we look forward to continuing to build on our relationship, which spans a quarter of a century.”

“Working with Oracle’s modern IaaS located in the United States, we have been extremely impressed with the high compute performance and super low latency,” said Gary Mawdsley, Co-Founder of AnzenData. “We are very excited the Oracle Cloud EU region is coming online. This opens up a second major geography which is essential for Anzen, where a second continent is fundamental to the integrity and legitimacy of the Anzen product. The Oracle vision and roadmap for the cloud can only further enhance and support Anzen's strategy and offerings.” 

“Paragon provides high-performing, secure, and stable IT infrastructure to more than 450 bookstores across Germany, Austria, and Switzerland. The cloud has opened up new opportunities for small and medium-sized companies to modernize their business, reduce costs and become more flexible,” said Malthe Griesel, Head of Oracle Infrastructure and Database Services, Paragon Data. “As a long-term cloud customer and Platinum level member of OPN, we are excited to see Oracle’s commitment to the German market by delivering the full stack of cloud services locally.”

“For our customer workloads, scalable performance in the cloud is driven by the network and storage architecture and in both those areas Oracle modern IaaS is delivering a significant step change in price performance available to our HPC Cloud customers,” said Jamil Appa, co-Founder and director of Zenotech.

Oracle is the only cloud vendor that provides customers with the ultimate in choice and flexibility in how they deploy their cloud services. Organizations can access Oracle Cloud services via the Oracle Cloud, deployed inside their own datacenter with the Oracle Cloud at Customer portfolio of offerings, and through a set of partners in specific geographic locations, all managed by Oracle Cloud professionals.

Contact Info Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com Jesse Caputo
Oracle
+1.650.506.5967
jesse.caputo@oracle.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.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 preceding 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. 

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Jesse Caputo

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Oracle Cloud Applications Drive Business Transformation Around the World

Thu, 05/04/2017 - 15:36
Press Release Oracle Cloud Applications Drive Business Transformation Around the World Industry-first innovations drive growth of world’s largest and fastest-growing suite of cloud applications

Redwood Shores, Calif.—May 4, 2017

Organizations worldwide are increasingly adopting Oracle Cloud Applications to grow faster, differentiate from competitors, and better serve their customers. Oracle Cloud Applications is a complete and fully integrated suite of cloud applications for every function in the enterprise, and is the industry’s broadest, deepest, and fastest-growing suite of cloud applications. With Oracle Cloud Applications, organizations across all industries can deliver the experiences customers expect, attract and retain the talent to succeed, and achieve the performance the market demands.

The Oracle Cloud delivers nearly 1,000 SaaS applications to customers in more than 195 countries around the world. With NetSuite now part of Oracle, more than 25,000 organizations around the world now leverage Oracle Cloud Applications to transform critical business functions and embrace modern best practices. To accelerate this growth and help organizations of all sizes transform business processes, Oracle recently announced a series of NetSuite expansions and innovations. It is also introducing artificial intelligence-based enterprise applications. Oracle Adaptive Intelligent Apps blends first-party data with third-party data, and then applies Oracle's decision science and machine learning capabilities to create cloud applications that adapt and learn.

“In today’s business environment, there is no room for mistakes; organizations that do not adopt modern best practices across all critical business functions will struggle to survive,” said Steve Miranda, executive vice president of applications development, Oracle. “With Oracle Cloud Applications, Oracle provides a comprehensive and integrated suite of modern business applications that enable increased business agility and reduced costs. As a result, organizations across every industry are increasingly selecting Oracle Cloud Applications to transform the way they do business.”

Oracle NetSuite Global Business Unit

NetSuite provides a suite of cloud-based financials/ERP, HR, Professional Services Automation (PSA), and omnichannel commerce software that organizations in more than 100 countries use to run their businesses. Last week, during SuiteWorld 2017, its annual user conference, NetSuite issued a series of announcements to help organizations prepare for what’s next, including global expansion initiatives that will leverage Oracle’s scale and resources; SuitePeople, a new core HR solution natively built on NetSuite’s unified cloud suite; SuiteSuccess, the first industry cloud solution; major global ERP enhancements; and NetSuite OneWorld for Nordics-headquartered businesses. NetSuite also announced a wide array of innovative and fast-growing businesses that have selected the NetSuite platform. For a full roundup for the news from SuiteWorld 2017, click here.

Oracle Customer Experience Cloud (Oracle CX Cloud)

Oracle CX Cloud Suite empowers organizations to take a smarter approach to customer experience management and business transformation initiatives by providing a trusted business platform that connects data, experiences and outcomes. To help organizations further drive predictable and tangible business results, Oracle extended Oracle CX Cloud last week with the introduction of innovative new technologies, such as chatbots and artificial intelligence, as well as enhanced mobile, video, and social messaging capabilities. In last quarter (Q3 FY’17) alone, Oracle added 480 new Oracle CX Cloud customers and 586 customer expansions.

Oracle Human Capital Management Cloud (Oracle HCM Cloud)

Oracle HCM Cloud provides organizations with modern HR technologies that enable collaboration, optimize talent management, provide complete workforce insights, increase operational efficiency, and make it easy for everyone to connect on any device. In last quarter (Q3 FY’17) alone, Oracle added 206 new Oracle HCM Cloud customers and 217 customer expansions.

Oracle Enterprise Resource Planning Cloud (Oracle ERP Cloud)

Oracle ERP Cloud provides organizations with complete, modern and proven ERP capabilities across financials, procurement, and project portfolio management, as well as Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC), and Supply Chain Management (SCM), to help increase productivity, lower costs and improve controls. In last quarter (Q3 FY’17) alone, Oracle added 564 new Oracle ERP Cloud customers and 120 customer expansions.

Contact Info Simon Jones
PR for Oracle
+1.415.856.5155
sjones@blancandotus.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.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 preceding 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. 

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VMware and Oracle Collaborate to Enable Advanced Security Features and Streamlined Management of Oracle Mobile Enterprise Applications

Thu, 05/04/2017 - 15:34
Press Release VMware and Oracle Collaborate to Enable Advanced Security Features and Streamlined Management of Oracle Mobile Enterprise Applications VMware AirWatch and Workspace ONE customers can now securely manage their Oracle mobile business applications

Palo Alto and Redwood Shores, Calif.—May 4, 2017

VMware Inc. (NYSE: VMW), a global leader in cloud infrastructure and business mobility and Gold level member of Oracle PartnerNetwork, and Oracle today announced a new relationship to simplify management and enable advanced security features for Oracle’s suite of mobile business applications and Oracle Mobile Cloud Service (OMCS) for mobile devices. Oracle has the most enterprise mobile applications in the Apple App Store and was also named a leader in The Forrester Wave™: Mobile Development Platforms, Q4 2016. Through this collaboration, Oracle’s robust mobile ecosystem can now leverage application management and security through VMware AirWatch®.

VMware is the first mobile application management provider to manage and secure hundreds of Oracle business applications and custom applications built on the OMCS. As such, enterprise IT organizations can manage their Oracle application suite on a single unified platform together with their other business-critical applications and devices. Users who count on Oracle’s business applications to make better decisions, reduce costs and increase performance can benefit by being able to access these applications through a simple digital workspace environment—be it from a mobile device, laptop or desktop – with VMware Workspace ONE™ and AirWatch.

“Mobilizing critical business processes is at the core of both of our organizations’ DNA and this collaboration will help us advance this shared vision for our customers and their end users alike,” said Sanjay Poonen, chief operating officer, customer operations, VMware. “We’re proud to come together with Oracle to make it easier for IT administrators to secure and manage these critical mobile apps and help their end users seamlessly access them from any endpoint. VMware Workspace ONE™ is the industry’s only integrated platform for application and access management and unified endpoint management (VMware AirWatch®) that enables simple enterprise secure access to any app from any device, accelerating adoption of digital workspaces.”

With hundreds of cross-industry capabilities spanning enterprise resource planning, customer relationship management, supply chain planning, and more, Oracle’s suite of business applications helps customers of all sizes manage the complexities of global business environments.

OMCS simplifies enterprise mobility by giving customers a complete mobile solution and the choice and flexibility to develop their own unique enterprise mobile strategy. OMCS makes it easy for enterprises to develop and extend existing enterprise applications or build custom apps with a Mobile First platform.

“We put our customers at the center of everything we do and we’re constantly looking for ways to enhance our business applications to expand their software investment,” said Thomas Kurian, president, Oracle. “Oracle has many customers who have standardized on VMware Workspace ONE for application security and management. With this agreement, everyone involved—Oracle, VMware, our customers and their end users—can benefit from the two companies working together.”

Contact Info Scott Thornburg
Oracle Partner Public Relations
+1.415.816.8844
scott.thornburg@oracle.com Ken Lotich
VMware Global Communications
+1 916-740-4335
klotich@vmware.com Danielle Tarp
Hill+Knowlton Strategies
+1 415-856-5182
danielle.tarp@hkstrategies.com About VMware

VMware, a global leader in cloud infrastructure and business mobility, helps customers accelerate their digital transformation. VMware enables enterprises to master a software-defined approach to business and IT with VMware Cross-Cloud Architecture™ and solutions for the data center, mobility, and security. With 2016 revenue of $7.09 billion, VMware is headquartered in Palo Alto, CA and has over 500,000 customers and 75,000 partners worldwide.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s 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 be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program – an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

Trademarks

VMware, Workspace ONE, AirWatch, and Cross-Cloud Architecture are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding 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. 

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Oracle and Partners Make It Easier for Global Organizations to Move to the Cloud

Thu, 05/04/2017 - 15:32
Press Release Oracle and Partners Make It Easier for Global Organizations to Move to the Cloud New and extended partner relationships support the strong demand for Oracle Cloud

Redwood Shores, Calif.—May 4, 2017

Oracle today announced the addition of new partners to Oracle Network Cloud Service: FastConnect, a program that enables enterprise cloud connectivity through the points of presence for global members of Oracle PartnerNetwork. The new and extended partner relationships support the strong demand for Oracle Cloud. These collaborations help global enterprise customers break down barriers to cloud adoption and take advantage of performance, cost and innovation benefits of the Oracle Cloud.

Equinix has extended its relationship with the Oracle FastConnect program to include Oracle Cloud Infrastructure. A similar relationship with Megaport was announced in April to enable Cloud through the FastConnect program. Other recent partners include Verizon, BT and NTT Communications.

Oracle FastConnect addresses one of the most important issues that impacts migration to a cloud service: the unpredictable nature of the Internet. With FastConnect, customers can create a high-throughput and low-latency connection that delivers the benefits of a hybrid cloud setup by providing an easy, cost effective way to create dedicated and private connectivity to Oracle Cloud. In addition, customers can address common concerns with security and performance issues associated with cloud technologies. This is especially true for mission-critical enterprise workloads that frequently demand high levels of availability, security and performance.

Together, Oracle and its FastConnect partners aim to remove barriers to cloud adoption by providing additional options for connectivity to Oracle Cloud from trusted enterprise data centers. In-region accessibility helps to improve performance by reducing latency and providing strong quality of service, all while supporting data residency requirements. Connecting directly to the Oracle Cloud through Oracle FastConnect enables a fast, private connection to the industry’s broadest and most integrated cloud platform, with a complete range of services across Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS).

“We continue to see tremendous growth across our cloud business,” said Thomas Kurian, president of Product Development, Oracle. “These collaborations further help our customers achieve business transformation in the cloud and execute on their business strategies by taking advantage of the breadth and depth of our partners’ global networks”

For more information about Oracle FastConnect, visit https://cloud.oracle.com/en_US/network.

Contact Info Scott Thornburg
Oracle
+1.415.816.8844
scott.thornburg@oracle.com Kris Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle’s 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 be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program—an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.

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 preceding 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. 

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Trek Bicycle Shifts to Oracle Cloud to Improve Customer Experience

Thu, 05/04/2017 - 15:30
Press Release Trek Bicycle Shifts to Oracle Cloud to Improve Customer Experience World renowned bicycle company turns to Oracle Cloud Platform to build brand enthusiasts through innovative mobile solutions, reinvent customer claim process, and rapidly expand its dealer network

Redwood Shores, Calif.—May 4, 2017

Oracle today announced that Trek Bicycle, a world leader in manufacturing and distribution of bicycles and cycling products, is using Oracle Cloud Platform to help grow Trek enthusiasts and keep its riders on the road through faster service, as well as to simplify expansion of its global dealer network.

Founded in 1976, Trek bicycles are sold through a vast network of more than 10,000 independent bicycle dealers in 90 countries around the world. Using Oracle’s PaaS and IaaS services, Trek has been able to extend and modernize its legacy ERP system that handles inventory, purchasing, claim management, warehousing, and distribution for the company, while quickly building and integrating new mobile-first cloud applications.

As a first step, Trek set out to streamline the customer claims process and engagement with its dealers. Using Oracle Mobile Cloud Service, a key component of Oracle Cloud Platform, Trek developed an innovative new mobile application that enables dealers to submit repair claims using their mobile devices and a few taps of a button. With the new claims application, dealers will simply snap a picture of the customers’ bikes on their mobile device, connect directly to Trek’s supply chain applications through an API, and create a claim in just a couple of minutes. The new claim submission application will also include optical character recognition (OCR) technology that allows service professionals to pull up customer service histories simply by scanning a bike’s serial number. It also allows Trek to better service their bikes and better support existing customers.

“We’re taking a lot of functionality that dealers only can get currently through their terminals or by calling us on the phone, and putting it directly on their handheld devices for maximum efficiency,” Tom Spoke, global ERP director at Trek. “We believe this will significantly speed up the claims process and enable our global retailer network to spend more time selling bicycles and better serving customers.”

“We’re thrilled to partner with a world renowned bike company like Trek to help them develop cool mobile applications and upend their customer claim process,” said Amit Zavery, senior vice president, Oracle Cloud Platform. “Our Oracle Cloud Platform services were key to enabling Trek to extend and integrate its apps and develop a hybrid cloud architecture to modernize its IT infrastructure.

Oracle SOA Cloud Enables Trek to Expand Dealer Network

Looking ahead, Trek is also planning to leverage Oracle’s PaaS services, including Oracle Service-Oriented Architecture (SOA) Cloud and Oracle Developer Cloud to continue to grow its business, scale, and expand rapidly. This includes establishing electronic connections with third-party logistics providers around the globe, including opening a vast new revenue channel through Tmall, China’s largest online marketplace. Oracle SOA Cloud simplifies the process of developing external integrations across numerous interfaces to retailers, using the electronic data interchange (EDI) and managed file transfer (MFT) protocols and tying them back to Trek’s on-premises ERP system. These cloud-based development tools will enable Trek to accelerate the process of onboarding new partners, create unique SOA composites for each partner, and quickly establish new integration services. TREK was impressed by the ability to easily move the Oracle stack between on premises and cloud.

Trek plans to use Oracle Cloud Platform to develop more SaaS applications in the future, including a mobile app that will provide bicycle retailers with additional functionality in other areas of their business and another mobile app that will be used internally in Trek’s distribution centers. The company is also looking toward customer-centric applications that will connect and fuel the competitive spirit of Trek enthusiasts.

Contact Info Nicole Maloney
Oracle
+1.650.506.0806
nicole.maloney@oracle.com Kristin Reeves
Blanc & Otus
+1.415.856.5145
kristin.reeves@blancandotus.com About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.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 preceding 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. 

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Nicole Maloney

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Kristin Reeves

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NetSuite Readies Businesses for What's Next at SuiteWorld 2017

Thu, 04/27/2017 - 17:30
Press Release NetSuite Readies Businesses for What's Next at SuiteWorld 2017 Massive Global Business Expansion, SuitePeople, SuiteSuccess, Next-Ready ERP, OneWorld for Nordic Businesses and a Wide Array of Customers Headline Annual Conference

SuiteWorld 2017, Las Vegas, Nev.—Apr 27, 2017

Oracle NetSuite Global Business Unit (GBU), the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites, has unveiled global expansion initiatives, SuitePeople, SuiteSuccess, Next-Ready ERP, and NetSuite OneWorld for Nordics-headquartered businesses. NetSuite also announced a wide array of innovative and fast growing businesses that have selected the NetSuite platform.

Massive Global Expansion Initiatives

NetSuite announced a massive expansion plan to accelerate its international growth. This expansion shows how NetSuite customers will benefit from Oracle’s vast global scale and resources. The expansion initiatives will enable NetSuite to launch more data centers, more field offices and more development centers globally, which will help to bring a leading cloud ERP suite to more organizations around the world.

Adding Oracle’s global resources to NetSuite’s existing global footprint provides rapid entry and expansion into new markets across three key areas:

Data Centers. Oracle NetSuite Global Business Unit plans to more than double its data center footprint from five data centers globally to 11. NetSuite currently operates three data centers in North America, one in Amsterdam, Netherlands and one in Dublin, Ireland. NetSuite expects to add a fourth North American data center in Chicago. As part of the global expansion plans, NetSuite will leverage existing Oracle data centers in Europe and Asia. In Europe, NetSuite is scheduled to open a data center in Frankfurt, Germany to remedy the lack of modern cloud computing offerings in the country. In Asia Pacific, NetSuite plans to initially launch facilities in Australia and Singapore, followed by Japan and China. The addition of Oracle data centers to NetSuite’s operations will provide even greater security, redundancy, performance and scalability for new and existing customers across the globe.

Field Offices. NetSuite expects to double its global presence, expanding from offices in 10 countries to 23 spread across the globe. The addition of Oracle’s field offices significantly increases NetSuite’s ability to meet the rising demand for cloud ERP around the world. NetSuite is establishing a new presence in Argentina, Brazil, Colombia, Chile, Mexico, France, Germany, Sweden, Dubai, China, India, Malaysia and New Zealand. In addition, NetSuite is expanding headcount in existing field offices by over 50 percent to provide better resources for customer demand.

Development Centers. Oracle NetSuite Global Business Unit is leveraging existing Oracle development centers across India, China and Japan. The development centers will be able to accelerate the development of international, regional and local features and functionality within NetSuite OneWorld.


SuitePeople, the Most Unified and Flexible Cloud Core HR Offering Ever

NetSuite announced SuitePeople, a new core human resources (HR) offering natively built on NetSuite’s unified cloud suite. NetSuite is the first and only cloud ERP suite to give businesses a single platform to manage mission critical business processes. Traditionally, businesses have had to manage core HR processes in separate modules, disparate systems, or worse, in spreadsheets. Growing businesses can’t afford the cost, time and risk associated with manual workarounds, complex integrations or siloed data. Unlike legacy HRIS solutions, SuitePeople helps make people information actionable throughout the organization from a single suite.


SuiteSuccess, The First Unified Industry Cloud Solution

NetSuite announced SuiteSuccess, the first unified industry cloud solution. NetSuite has delivered 12 SuiteSuccess editions for the following eight industries:  advertising, media, publishing; financial technology; manufacturing; nonprofit; retail; service-based businesses; software/internet; wholesale distribution. SuiteSuccess is the culmination of a multi-year transformation effort to combine the NetSuite unified suite, 20 years of industry leading practices, a new customer engagement model, and business optimization methods into a unified, industry cloud solution. SuiteSuccess was engineered to solve unique industry challenges that historically have limited a company’s ability to grow, scale and adapt to change.


NetSuite’s Major Global ERP Enhancements

NetSuite announced the new release of major global ERP features. These new cloud ERP features are designed to ready businesses for what’s next, with a host of enhancements to its core ERP suite. The new functionality spans global financials, revenue recognition, billing, services resource planning (SRP), supply chain management (SCM), and Governance, Risk and Compliance (GRC). These enhancements give NetSuite customers the ability to continue to scale and innovate efficiently.


NetSuite OneWorld for Nordics-Headquartered Companies

NetSuite announced NetSuite OneWorld for Nordics-headquartered businesses. NetSuite OneWorld is now localized for Nordics-based businesses. With over 730 subsidiaries and legal entities of global companies already running businesses in Sweden, Norway, Denmark and Finland, the new localized OneWorld offering will bring more global cloud ERP capabilities for the region. Nordic companies will benefit from the combination of NetSuite’s increased product investment and Oracle’s localization capabilities.


Fast Growing, Innovative Customers Get ‘Next Ready’ with NetSuite

NetSuite announced that startups, fast growing businesses and leaders in their industry such as Ring, PODS, Blue Microphone, Smartsheet, BUILT/, Bankrate and Prophet, spanning manufacturing, logistics, software, publishing and consulting, have turned to NetSuite to ready their companies for what’s next.

Ring Dials NetSuite to Fuel Growth
Ring, a leader in outdoor home security, has implemented NetSuite to fuel its rapid growth, which took it from startup to 1,000 team members in less than three years. Ring is using NetSuite for financial management and reporting with plans to significantly extend the NetSuite platform to other areas of the business as it continues to extend its business model beyond doorbells, to services and subscriptions. With NetSuite, Ring has gained efficiencies and real-time visibility with a unified platform that is next ready. NetSuite enables Ring to grow, scale and adapt its business model as Ring’s business expands and evolves.


PODS Turns to NetSuite SuiteSuccess to Expand Global Operations
PODS Enterprises, LLC, the leading provider of portable container-based moving and storage solutions, chose NetSuite SuiteSuccess to support its business expansion. PODS will be using NetSuite to manage mission-critical business processes including financials, inventory management, multi-subsidiary management for 16 subsidiaries and multi-currency management for the U.S., Canadian and Australian dollars. SuiteSuccess is the culmination of a multi-year transformation effort to combine the NetSuite unified suite, 20 years of industry leading practices, a new customer engagement model and business optimization methods into a unified, industry cloud solution. SuiteSuccess is NetSuite’s new purpose-built, unified cloud solution tailored for each industry.


Blue Microphones Turns Up the Volume with NetSuite
Blue Microphones, a leading designer and producer of premium microphones and sound recording equipment for audio professionals, musicians and consumers, has gained vital business agility with NetSuite's unified cloud business management system. NetSuite allows Blue Microphones to focus on product innovation, scale into new markets, and challenge larger rivals in the competitive recording industry. To ensure agility for innovation and growth, the company replaced QuickBooks Enterprise with NetSuite to manage its end-to-end business operations including financials, fixed assets, demand planning, inventory management, bill of materials, work orders and assemblies, warehouse management, CRM, HR and multi-currency transactions in the Canadian dollar and Euro.


Smartsheet Realizes the Power of Unified Billing and Revenue Recognition with NetSuite
Smartsheet, a leading provider of SaaS-based solutions for managing and automating collaborative work, has implemented NetSuite OneWorld to manage rapid growth. Smartsheet is leveraging NetSuite OneWorld to manage mission critical business processes including financials, billing, revenue recognition, analytics and multi-currency transactions in the Euro, Yen, Pound and U.S., Australian and Canadian dollars. With NetSuite OneWorld, Smartsheet has a platform that is ready for next and provides the foundation to scale the business. As Smartsheet has evolved its business model, NetSuite’s SuiteBilling software is helping the company to manage recurring revenue processes from order to billing and revenue recognition with complete control and auditability for its software subscription business.


BUILT/ Launches Innovative Omnichannel Company on the NetSuite Unified Cloud Commerce Platform
BUILT/, a new company supported by a leading UK-based organization in the construction sector, has selected NetSuite's unified cloud commerce platform to support its omnichannel B2B business. Officially unveiled today at SuiteWorld, BUILT/ aims to make it quicker and easier for professional builders to source materials for their projects, placing a greater focus on providing a superior brand experience with a digital-first approach designed around the customer. Offering both online and brick-and-mortar channels, BUILT/ will run its entire business on the NetSuite unified cloud commerce platform including ecommerce, point-of-sale, order and inventory management, CRM and financials. With NetSuite, BUILT/ will have a flexible, scalable platform that can help manage the business through every stage of its growth.


Prophet Implements NetSuite OneWorld to Accelerate Global Growth
Prophet, a leading global consulting firm, has implemented NetSuite OneWorld for ERP and Professional Services Automation (PSA). Since going live on NetSuite OneWorld in October 2016, Prophet has gained a unified view of financial, resource management and project management processes that have streamlined operations across nine global offices operating in the U.S., U.K., Germany, Switzerland and Hong Kong, creating efficiencies across the entire organization.


Bankrate Overhauls Multiple On-premise Systems with NetSuite OneWorld
Bankrate, Inc., a leading online publisher, aggregator and distributor of personal finance content, has replaced multiple on-premise financial systems including Sage ACCPAC, QuickBooks and numerous Excel spreadsheets with one single instance of NetSuite OneWorld in less than three months. Bankrate runs its mission-critical business processes on NetSuite OneWorld, including accounting, financials, fixed asset management, revenue recognition, multi-currency management and multi-subsidiary management for three subsidiaries — Bankrate.com, CreditCards.com and Caring.com. With NetSuite OneWorld, Bankrate now has a better understanding of its financial health and has been able to reduce monthly close times while accelerating growth without adding more headcount.

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit 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 preceding 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. 

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Bankrate Overhauls Multiple On-premise Systems with NetSuite OneWorld

Thu, 04/27/2017 - 17:15
Press Release Bankrate Overhauls Multiple On-premise Systems with NetSuite OneWorld Replaces Sage ACCPAC and QuickBooks to Improve Controls, Financial Consolidation, and Recognition of Complex Revenue Models

SuiteWorld 2017, Las Vegas, Nev.—Apr 27, 2017

Oracle NetSuite Global Business Unit (GBU), the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites, today announced that Bankrate, Inc., a leading online publisher, aggregator and distributor of personal finance content, has replaced multiple on-premise financial systems including Sage ACCPAC, QuickBooks and numerous Excel spreadsheets with one single instance of NetSuite OneWorld in less than three months. Bankrate runs its mission-critical business processes on NetSuite OneWorld, including accounting, financials, fixed asset management, revenue recognition, multi-currency management and multi-subsidiary management for three subsidiaries—Bankrate.com, CreditCards.com and Caring.com. With NetSuite OneWorld, Bankrate now has a better understanding of its financial health and has been able to reduce monthly close times while accelerating growth without adding more headcount.

Founded in 1976 as a traditional print media company specializing in financial information, Bankrate has transformed over the past 40 years into a market leading digital publisher and online destination. When a new financial team took over, one of their top priorities was to replace the company's outdated manual processes and inefficiencies with automated, robust financial controls. Bankrate also wanted to take the opportunity to standardize on a modern, flexible and scalable cloud platform. After considering multiple solutions, Bankrate selected NetSuite OneWorld for the agility, scalability and flexibility needed to fuel its business growth.

"NetSuite OneWorld has the flexibility to let us build financial controls over the way we do business, instead of trying to mold our processes to inflexible software," said Eric Luehmann, Bankrate's Senior Director of Financial Systems. "We're not bound to the system or how a software vendor wants to do things—the system conforms to the way we want to run Bankrate."

Bankrate is now a social media publisher as well as a traditional website operator. Tracking revenue and conversions through more complex relationships with advertisers and visitors is important to future success. The company has much greater drill-down insights from invoices and transactional reports than with its previous ERP system.

"NetSuite OneWorld gives us the velocity to make changes more quickly as the business landscape changes, without expensive professional services engagements," Luehmann said.

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries, and transactions in more than 200 countries. NetSuite delivers the following features and benefits to Bankrate:

  • Real-time global financial consolidation. NetSuite OneWorld provides Bankrate with a scalable, low-maintenance way to enable financial consistency across its numerous media brands, sites, and destinations through a single financial system of record that provides real-time visibility into financial performance.
  • Data-driven decisions. With a unified platform, Bankrate has real-time access to a single source of data across its entire enterprise to make better informed decisions and capitalize on new and existing business opportunities.
  • Native cloud solution. Version lock, painful upgrades and maintaining on-premise systems are now a thing of the past.
  • Rapid implementation and time to value. Implementing the first stage of NetSuite OneWorld in less than three months helped Bankrate improve its financial control structures and future-proof its business rapidly.
  • Real-time business visibility and business intelligence. With NetSuite, Bankrate gains real-time insights into key business performance indicators for a unified view across its head office and subsidiaries with a single version of truth.
  • A flexible and agile platform. The NetSuite SuiteCloud Platform easily enables Bankrate to customize NetSuite to meet its business requirements and needs, and to integrate with other systems. As Bankrate continues the evolution that has already taken it from a media publisher focused on mortgages and deposits into the additional verticals of credit cards and senior living, NetSuite OneWorld's flexibility is essential to staying current in a rapidly changing digital media landscape.
  • A scalable system. NetSuite's scalable infrastructure enables Bankrate to easily expand to support growing business volumes across new website launches and acquisitions without incurring significant incremental expenses.

Bankrate CFO Steve Barnhart is sharing Bankrate's story at SuiteWorld 2017, the number one cloud ERP event of the year, this year being held in Las Vegas from April 24-27. Watch him and all SuiteWorld 2017 keynotes live here.

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit 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 preceding 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. 

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Prophet Implements NetSuite OneWorld to Accelerate Global Growth

Thu, 04/27/2017 - 17:00
Press Release Prophet Implements NetSuite OneWorld to Accelerate Global Growth Global consultancy streamlines operations, gains agility and scalability with NetSuite's unified ERP and PSA

SuiteWorld 2017, Las Vegas, Nev.—Apr 27, 2017

Oracle NetSuite Global Business Unit (GBU), the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites, today announced that Prophet, a leading global consulting firm, has implemented NetSuite OneWorld for ERP and Professional Services Automation (PSA). Since going live on NetSuite OneWorld in October 2016, Prophet has gained a unified view of financial, resource management and project management processes that have streamlined operations across nine global offices operating in the U.S., U.K., Germany, Switzerland and Hong Kong, creating efficiencies across the entire organization.

San Francisco, Calif.-based Prophet brings together thought leaders and top talent from across the globe to grow better brands and businesses. As demand for Prophet's consulting services skyrocketed, the combination of legacy software from acquisitions and manual processes used to manage the business was anything but seamless, which hindered efficiency gains and scalability for growth. Hundreds of internal employees and consultants based around the globe submitted time and expenses in different currencies and disparate systems. Project management was conducted manually through its intranet, and a decades-old Sage system was used to manage financial processes and required manual intervention to do everything from basic reporting to month-end close.

Prophet needed a flexible infrastructure that could scale to accommodate its rapid growth.

After a comprehensive evaluation of solutions that promised streamlined management of ERP and PSA processes, Prophet selected NetSuite OneWorld for its robust international functionality and scalability, coupled with automated, integrated resource and project management capabilities.

"Resource management is a key driver and strategic advantage for our business," said Jeani Vance, CIO of Prophet. "Other large-scale competitors couldn't meet all of our needs the way that NetSuite can."

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries; customer transactions in more than 200 countries; and enables businesses to streamline their mission-critical business processes.

In just six months since go-live, Prophet has realized efficiencies with the following features and benefits including:

Streamlined financial consolidation and month-end close. NetSuite OneWorld's robust financial consolidation engine and multi-currency support eases month-end close across five different offices in the United States, as well as offices in London, Berlin, Zürich and Hong Kong. This includes support for transactions in the U.S. dollar, British Pound, Swiss Franc and Hong Kong dollar. NetSuite OneWorld not only provides Prophet control over month-end close, it has expedited the process by upwards of a week.

Increased spend control. With integrated, automated expense and time reporting, expenses hit budget owners in real-time, ensuring streamlined approval and payment processes, and protection against freelance overspend and budgeting overages at month-end.  

Enhanced project management capabilities. Real-time reporting on key project metrics allows managers to see everything from progress to profitability that help streamline project management and empower leaders to make insight-driven decisions on resources used, client profitability and more.

International scalability facilitates growth. Robust multi-language and multi-currency functionality in NetSuite OneWorld allows Prophet to quickly provision software for international offices, and accelerate its global strategy.

A flexible and powerful development platform. NetSuite's SuiteCloud Development Platform provides flexibility for Prophet to tailor the system and integrate with other third-party solutions to meet its unique business needs and industry-specific requirements. Prophet has plans to extend the NetSuite implementation to include advanced forecasting capabilities.

"Prophet's value proposition is to help our clients find better ways to grow," said Vance. "With NetSuite, we have a backend technology foundation that allows us to do just that."

Jeani Vance is sharing Prophet's story at SuiteWorld 2017, the number one cloud ERP event of the year, this year being held in Las Vegas from April 24-27. Watch her and all SuiteWorld 2017 keynotes live here

About Prophet

Prophet is a consultancy that helps clients find better ways to grow by focusing on three important areas: creating relevant brand and customer experiences, driving accelerated growth strategies and leveraging digital as a transformative force in their business. We operate differently than other consultancies, blending insight, strategy and creativity with an optimistic yet pragmatic approach. We have partnered with some of the world's most successful companies, including Electrolux, T-Mobile, UBS, Gatorade and GE. With nine global offices and more than 350 experts in marketing, innovation, digital and design, we are able to bring together the right people with the right experience to solve our clients' business challenges. Prophet.com

About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit 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 preceding 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. 

Follow Oracle Corporate

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BUILT/ Launches Innovative Omnichannel Company on the NetSuite Unified Cloud Commerce Platform

Wed, 04/26/2017 - 17:30
Press Release BUILT/ Launches Innovative Omnichannel Company on the NetSuite Unified Cloud Commerce Platform UK business to transform the customer experience for professional builders and tradespeople

SuiteWorld 2017, Las Vegas, Nev.—Apr 26, 2017

Oracle NetSuite Global Business Unit (GBU), the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites and a wholly-owned subsidiary of Oracle, today announced that BUILT/, a new company supported by a leading UK based organization in the sector, has selected NetSuite’s unified cloud commerce platform to support its omnichannel B2B business.

Officially unveiled today at SuiteWorld, BUILT/ aims to make it quicker and easier for professional builders to source materials for their projects, placing a greater focus on providing a superior brand experience with a digital-first approach designed around the customer. Offering both online and brick-and-mortar channels, BUILT/ will run its entire business on the NetSuite unified cloud commerce platform including ecommerce, point-of-sale, order and inventory management, CRM and financials. With NetSuite, BUILT/ will have a flexible, scalable platform that can help manage the business through every stage of its growth.

“We wanted a single, flexible platform that avoided silos of information and had the flexibility to change as the business evolved,” said Nick Thomas, CEO of BUILT/. “When evaluating options, it was clear that only NetSuite would be able to support our approach of ‘start small, grow fast’.”

Meeting the needs of small and midsize builders who source materials on a project-by-project basis, BUILT/’s mobile-optimized webstore, powered by NetSuite SuiteCommerce Advanced, will allow materials to be sourced more easily and builders will be able to order materials and have them shipped to the project site or collected in store.

Further unifying the online and in-store experience, a project product list can be created online. The customer can visit a local store and have a sales associate access their saved project list utilizing the NetSuite SuiteCommerce InStore point-of-sale (POS) system and work with them to finalize the list and complete the purchase in store. Products that a builder finds in store, but is not ready to purchase, can be added to their ecommerce cart or list and transacted later online or during another store visit.

With SuiteCommerce Advanced and SuiteCommerce InStore, which are natively unified with NetSuite’s order and inventory management system, real-time product availability can be shown online. Store associates will have visibility into inventory anywhere in the business, enabling them to fulfill orders from any inventory location be it a store, distribution center or even drop ship from a supplier.  

“Our mission is to make the entire purchasing experience as painless and efficient as possible. Greater convenience and ease of doing business rank among our customers’ top priorities. With NetSuite, we intend to ensure we support these customer expectations,” said Thomas.

NetSuite’s unified commerce platform will deliver the following benefits to BUILT/:

  • More than online purchasing. In addition to providing a great online purchasing experience with SuiteCommerce Advanced, builders can set up an online account that will allow them to get their purchase history, check their account balance, pay invoices online and more.
  • Modern POS system. With full POS capabilities for conducting complex transactions, SuiteCommerce InStore also enables store associates to better engage with customers by empowering them with full access to customer, order and inventory information.
  • Single customer view.  All customer information is captured in a single repository, providing a 360-degree view of all customer activity, including purchases, returns, exchanges, store visits, service requests and marketing campaigns.
  • Built-in business intelligence. BUILT/ will have real-time access to its business performance across customer, order and inventory data for better decision making, and advanced reporting to provide detailed financial reports to its parent company.
  • Streamlined IT with low cost and complexity. NetSuite's proven, secure cloud solution eliminates the hassles of managing, maintaining and upgrading business applications while allowing the company to quickly and easily set up new outlets as the company grows.
  • A scalable platform that can grow with the company. NetSuite provides a highly scalable platform for growth, with the ability to quickly and easily add functionality as BUILT/ opens new stores and expands across the UK.
About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

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NetSuite Announces OneWorld for Nordics-headquartered Companies

Wed, 04/26/2017 - 17:15
Press Release NetSuite Announces OneWorld for Nordics-headquartered Companies Localized and Designed to Meet Business Requirements, Regulatory and Tax Compliance

SuiteWorld 2017, Las Vegas, Nev.—Apr 26, 2017

Oracle NetSuite Global Business Unit (GBU), one of the industry's leading provider of cloud financials / ERP, HR and omnichannel commerce software suites, today announced NetSuite OneWorld for Nordics-headquartered businesses. NetSuite OneWorld is now localized for Nordics-based businesses. With over 730 subsidiaries and legal entities of global companies already running businesses in Sweden, Norway, Denmark and Finland, the new localized OneWorld offering will bring more global cloud ERP capabilities for the region. Nordic companies will benefit from the combination of NetSuite’s increased product investment and Oracle’s localization capabilities.

“NetSuite’s commitment to the Nordic region was a compelling factor in our decision to go with NetSuite OneWorld,” said Tomi Holmberg, Director Sales Operations at Napa Ltd., a Helsinki-based company providing software solutions and services for the maritime industry. “We’re eager to learn more on the new and existing features of NetSuite to further improve our internal end-to-end process. I’m looking forward to meeting NetSuite professional personnel as well as other NetSuite users from different companies to have fruitful discussions on how we can utilize this great system to its full extent.”

“NetSuite is already providing Nordic businesses with one of the industry’s leading cloud ERP and these country-specific capabilities are a signal of our continued commitment to the success of companies headquartered in the region and across Europe,” said Craig Sullivan, Group Vice President of Product Development for NetSuite. “NetSuite OneWorld delivers the local tax, currency and accounting support to help Nordic companies continue to drive growth, expand and prepare for whatever comes next.”

NetSuite OneWorld, a Game-Changer for Nordic Businesses

NetSuite OneWorld provides a unified and cloud-based suite of software that is flexible enough to meet the needs of diverse business models, legal structures and geographies. NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries, and customer transactions in more than 200 countries.

Further, NetSuite OneWorld delivers omnichannel commerce capabilities to enable both B2B and B2C businesses to move from siloed online, in-store and call center shopping channels to an integrated commerce solution. Connecting ecommerce to order management, inventory, merchandising, marketing, financials and customer service gives NetSuite users the seamless brand experience needed to exceed customer expectations across the business.

NetSuite OneWorld for Nordics-Headquartered Companies Delivers:

Multi-subsidiary management. NetSuite OneWorld’s support for businesses with multiple subsidiaries, business units and legal entities, provides real-time access to subsidiary and parent operational data through detailed reports that can drill down to specific country-level data.

Global currency and accounting. NetSuite OneWorld offers easy configuration to support International Financial Reporting Standards (IFRS), local Generally Accepted Accounting Practices (GAAP) and legal requirements, flexible revenue recognition rules, depreciation and costing methods to help meet local norms and support for more than 190 currencies, including the ISO standard currencies with automated feeds to maintain exchange rates between currencies from a choice of providers.

Comprehensive tax compliance. By providing triangulation reporting for business engagements that span three countries, Intracommunity Sales and Purchase reporting, Intrastat declarations and Tax Audit File generation in various formats, including SAF-T, NetSuite OneWorld bridges the gap between traditional ERP and external tax engines and provides seamless access to key data required to satisfy those tax authorities.

Country-specific indirect tax support. NetSuite OneWorld supports the Nordics’ indirect VAT reports, including Skatt (DK), Skatteverket (SE), VERO Skatt (FI) and Skatteetaten (NO), along with other regional and global variants of Value-Added Tax, Sales Tax and Withholding Tax. It can be easily configured to calculate, track and report on the indirect tax obligations of businesses regardless of country, which can materially simplify tax management, tax compliance, filing, and audit accountability. Within the EU, NetSuite Global Tax also handles triangulation reporting requirements for business engagements that span three countries or more. It also supports Mini-One-Stop-Shop (MOSS) tax calculation and reporting obligations for companies delivering electronic services to European customers.

Local bank and payment support. NetSuite OneWorld offers a highly configurable payment solution with more than 90 predefined bank formats and a payment partner program that offers strong coverage for credit card, debit card and alternative payment methods in the region.

Local language support. NetSuite OneWorld supports 20 languages including Danish, Swedish, Finnish and Norwegian for the Nordics. Further, NetSuite OneWorld enables businesses to trade with customers, suppliers and partners anywhere in the world in the language of their choice while meeting local compliance standards and cultural expectations through easily customizable forms.

Cloud-based architecture. NetSuite OneWorld frees businesses from the hassles and expenses of managing on-premise software and associated hardware with a system able to be available anywhere at any time with an internet connection with mobile access from iPhone and Android devices with optimized screens to enable on-the-move executives and field staff.

Robust development platform. The SuiteCloud development platform enables businesses in the region to customize the software to their specific needs and integrate with third-party applications. NetSuite’s SuiteCloud Development Network provides a vibrant partner ecosystem that has strong regional and vertical industry partners with domain expertise and knowledge.

For Nordics-Headquartered Companies, NetSuite OneWorld can deliver country-specific features and functionality such as:

  • Global currency and accounting
  • Country-specific indirect tax support
  • Local language support in Danish, Swedish, Finnish and Norwegian
  • Robust development platform with a vibrant partner ecosystem that has strong regional and vertical industry partners with domain expertise and local knowledge such Staria Oyj and Accountor Enterprise.

For Denmark-Headquartered Companies, NetSuite OneWorld can deliver country-specific features and functionality such as:

  • Global currency and accounting
  • Country-specific indirect tax support
  • Flexible reporting engine that provides country-specific reporting
  • Local bank and payment support
  • Local language support
  • Robust Development Platform

For Sweden-Headquartered Companies, NetSuite OneWorld can deliver country-specific features and functionality such as:

  • Global currency and accounting
  • Country-specific indirect tax support
  • Local language support
  • Flexible reporting engine that supports country-specific reporting
  • SIE compliance and local payment processing for Bankgiro, Plusgiro, and SEPA
  • Swedish invoice layout
  • Robust Development Platform

For Norway-Headquartered Companies, NetSuite OneWorld can deliver country-specific features and functionality such as:

  • Global currency and accounting
  • Country-specific indirect tax support
  • Local language support
  • Flexible reporting engine that supports country-specific reporting
  • Robust Development Platform

For Finland-Headquartered Companies, NetSuite OneWorld can deliver country-specific features and functionality such as:

  • Global currency and accounting
  • Country-specific indirect tax support
  • Local language support
  • FAS reporting
  • Payroll integration
  • E-invoicing / Finnish invoice layout
  • Banking integration including Finnish invoice numbering and SEPA payment format
  • Robust Development Platform 
About Oracle NetSuite Global Business Unit

Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle

Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit 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 preceding 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. 

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Categories: Database, Vendor