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African Banks Transform Operations and Customer Experiences with Oracle

Oracle Press Releases - Wed, 2020-02-12 06:59
Press Release
African Banks Transform Operations and Customer Experiences with Oracle Oracle Financial Services enables digital banking, process optimization and market agility across the continent

JOHANNESBURG—Feb 12, 2020

Several of Africa’s innovative digital-first banks are turning to Oracle Financial Services to transform their processes and deliver a centralized experience for customers. Banks across the continent are investing in the FLEXCUBE Universal Banking platform, which powers more than 10 percent of the world’s consumer bank accounts. Among these is LAPO Microfinance Bank, Nigeria’s largest microfinance bank with four million customers, which is implementing FLEXCUBE as well as Oracle Banking Digital Experience (OBDX) and Oracle Banking Payments (OBP).

The Central Bank of Libya in Tripoli, which includes four of Libya’s public sector banks, is also upgrading its current FLEXCUBE solution. FLEXCUBE helps banks meet customers’ evolving expectations for more digital, responsive and connected experiences. In addition to addressing core-banking needs, the integrated solution will empower banking staff with key insights and help improve operations. It will also make it simpler to launch new products and reduce time-to-market for new services. Other key banks implementing FLEXCUBE include a public sector bank in Algeria, and several others in Malawi, Djibouti, and Sudan.

“We have a long-standing presence in the African market, and it is promising to see more banks streamline their business operations and enhance the customer experience using Oracle,” said Sonny Singh, senior vice president and general manager, Oracle Financial Services. “Africa continues to be at the forefront of innovative inclusive banking, and we are poised to support our banking customers as they continue to modernise and expand their digital offerings.”

Oracle’s growth in the continent can also be attributed to the success of other products.  Oracle Banking Digital Experience (OBDX) has been chosen alongside FLEXCUBE by multiple banks including Al Nile Bank and Balad Bank in Sudan, as well as Libya’s Alyaqeen and Andalus Banks, and a postal bank in Senegal. With OBDX, banks can build on their existing infrastructure to launch new digital brands, automate processes, modernize experiences or launch innovative new digital capabilities, such as mobile payments and digital wallets. Meanwhile, Titan Trust Bank in Nigeria is implementing a full suite of solutions: FLEXCUBE, OBDX, OBP and Oracle Banking Corporate Lending.

A history serving African banks

Oracle has been powering banks in Africa for more than 20 years, with 100+ banks in Africa relying on FLEXCUBE to power their growth. Oracle has been consistently investing in the product to ensure that it has anticipated the emerging needs of banks in Africa. It has a vast presence in the region including resources across sales, sales consulting, implementation and support staff, and it is backed by a strong network of established partners.

Contact Info
Judi Palmer
Oracle
+1 650 784 7901
judi.palmer@oracle.com
Jack Rankin
CMG
+44 207 067 0823
JRankin@cmgrp.com
Oracle Financial Services

Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next generation financial services. We enable customer-centric transformation, support collaborative innovation and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime and comply with regulations. To learn more visit our website at https://www.oracle.com/industries/financial-services/index.html.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Talk to a Press Contact

Judi Palmer

  • +1 650 784 7901

Jack Rankin

  • +44 207 067 0823

HBF Selects Oracle to Support Digital Transformation

Oracle Press Releases - Wed, 2020-02-12 06:59
Press Release
HBF Selects Oracle to Support Digital Transformation Western Australian insurer taps Oracle Health Insurance as part of aggressive tech overhaul

Perth, Australia—Feb 12, 2020

HBF, Western Australia’s largest private health insurer, has chosen Oracle Health Insurance (OHI) to support its digital transformation. The move is part of a wider technology investment by the company to modernise its systems and processes as it pushes to deliver the very best experiences to its members, employees and providers, and become one of the country’s largest health insurance companies.

HBF currently has more than one million members and a strong reputation in Western Australia for its excellent customer service and support. With Oracle Health Insurance as the core platform across its health insurance products, HBF has the ability to grow its membership and expand its services throughout Australia.

“As the provider of our core health insurance system, Oracle will be a crucially important partner for HBF, enabling us to develop and launch products more quickly in response to our members’ needs,” said Head of Transformation Prasad Arav, HBF Health Limited.

With the highly configurable, API-enabled Oracle Health Insurance software, HBF will be equipped to adapt to changing market demands, member needs and generally improve operational efficiency. HBF chose Oracle Health Insurance in part due to its global relevance—it is successfully used across Europe, the U.S., South America and the Middle East as well as in other Australian companies.

“HBF is a key player in the Australian market and they have chosen Oracle to help them expand their services and business,” said Venky Srinivasan, group vice president, Sales, APJ & Middle East, Oracle Financial Services. “HBF understands that agility and efficient operations are intrinsically linked to growth—especially in the insurance industry where constant market changes make reacting at speed essential. Oracle Health Insurance provides HBF the foundation to expand and will help position it as a leader nationwide.”

Contact Info
Judi Palmer
Oracle
+1 650 784 7901
judi.palmer@oracle.com
Jack Rankin
CMG
+44 207 067 0823
JRankin@cmgrp.com
HBF

HBF is Australia’s fourth largest health insurer and one of the country’s two remaining large not-for-profit health funds. HBF’s is the leading health insurer in Western Australia where it has a market share of more than 50%.

Oracle Health Insurance

Oracle provides an innovative Core Administrative Processing Solution for Health Insurers to drive Group, Individual, Medicare, TPA and ASO businesses. Health insurers can optimize administrative costs, increase operational efficiency, streamline claims processing, improve billing accuracy and elevate the member experience, whether on-premise or in a secure Oracle Cloud. Learn more at oracle.com/healthinsurance

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Talk to a Press Contact

Judi Palmer

  • +1 650 784 7901

Jack Rankin

  • +44 207 067 0823

Oracle Named Visionary in 2020 Gartner MQ for Analytics and Business Intelligence Platforms

Oracle Press Releases - Wed, 2020-02-12 06:55
Blog
Oracle Named Visionary in 2020 Gartner MQ for Analytics and Business Intelligence Platforms

John Hagerty, vice president product strategy, Oracle Analytics Cloud—Feb 12, 2020

We’re thrilled to announce that Gartner named Oracle a Visionary in the 2020 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms. Along with our customers and partners, we’ve diligently worked to make Oracle Analytics Cloud the best analytics solution it can be. Our vision is crystal clear, and we’re excited to be named a Visionary. But we all know that we must continue to provide value for our customers and partners every day for them to thrive and grow.

Our Vision Is Validated

Since Oracle Analytics Cloud's inception, we've believed the next big wave of innovation and business success will be driven by three factors:

  • 1. Augmented analytics empowering more people with better insights. Machine learning and AI embedded in the customer experience direct decision makers to the "Why?" not just the "What?" connecting the dots across a broad spectrum of data.

  • 2. Better insights leading to decisive action. Once you’re armed with facts—especially in the context of your roles and responsibilities, you need to take action to close the loop, make adjustments, and improve performance. Having those insights driven directly from the business applications and key performance indicators (KPIs) that anticipate where you're headed means actions are taken with pin-point accuracy. And all supported by a full enterprise Oracle Cloud stack—from infrastructure to data to analytics to business applications.

  • 3. Natural language and conversational analytics becoming the norm, not the exception. Use spoken or written language (not just English, but 28 languages) to ask questions of the data—"Show me sales pipeline by product family and region for the second quarter of 2020." Let the system generate relevant analytic content on the fly. Interact in the form factor that makes the most sense for you—on your mobile device, through a digital assistant, on the web. You access the information you need without having to enter the business intelligence (BI) application if you choose not to.

With these as our guiding principles, our work continues on the path to market leadership for augmented, action-oriented analytics.

Subscribe to the Oracle Analytics Advantage blog and get the latest posts sent to your inbox.

It Takes a Community to Excel

We could not have achieved our Magic Quadrant recognition without a vibrant ever-expanding Oracle Analytics Cloud community—our dedicated customers and partners—who have validated our strategy, wisely suggested areas of change and improvement, and been our constant guides as we continue to enhance and improve the Oracle Analytics Cloud customer experience. We thank all of you for being an ongoing presence and true partners in this journey. Our customers often speak on our behalf. Gartner Peer Insights is just one of many forums that let customers review our software:


The Journey Ahead: Onward and Upward

We invite all of you to be active participants in the Oracle Analytics Cloud community! Your input is key to our future. Superior vision leads to execution; solid execution leads to success for all of us. We’re honored with our Visionary placement. Now, let’s continue the journey together. As a beloved teacher of mine would say after each milestone was achieved, "Onward and upward to the next plateau—the journey always continues." 

Let me know your thoughts, and read the 2020 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms now.    

To learn how you can benefit from Oracle Analytics, visit Oracle.com/analytics.

Follow us on Twitter: @OracleAnalytics.

Gartner 2020 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms, James Richardson, Rita Sallam, Kurt Schlegel, Austin Kronz, Julian Sun, February 2020

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.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Oracle Cloud a Fit for UK Digital Fashion Retailer

Oracle Press Releases - Wed, 2020-02-12 06:53
Press Release
Oracle Cloud a Fit for UK Digital Fashion Retailer N Brown Group Plc bolsters its customer-centric strategy with modern retail technology

REDWOOD SHORES, Calif. and LONDON, U.K.—Feb 12, 2020

UK Digital Retailer N Brown Group Plc is migrating to the cloud and extending its partnership with Oracle. With a focus on customer-centricity, the company delivers an extensive range of clothing, footwear, and homewares through its JD Williams, Simply Be, Ambrose Wilson, and Jacamo brands. By embracing Oracle Cloud, N Brown Group can focus on delivering profitable digital growth whilst making their customers look and feel amazing. 

“We want our merchandising teams to focus on creating fashion that fits, flatters, and meets the needs of our diverse customer base. Our digital transformation will create further efficiencies in the business by adopting industry best practices and automating processes that will allow our teams to focus on our core goal—serving customers,” said Adam Warne, chief information officer, N Brown Group Plc. “We chose Oracle Retail to adopt the latest cloud technology, delivered on a platform that can grow with our business needs.”

In partnership with Oracle Retail Consulting Services, N Brown will implement Oracle Retail Demand Forecasting Cloud Service to maximize forecast accuracy for the entire product lifecycle with next-generation retail science. The retailer will capitalize on this functionality to enhance business efficiency. Last year, N Brown also selected Oracle ERP Cloud to offer finance teams faster access to data, delivering an improvement to operational performance.

“Cloud is about continuously delivering innovation that supports retailers with the functionality and the agility required to keep pace with the speed of their business. Our modern platform strategy focuses on delivering insights and informing decisions while executing simultaneously to deliver true business value,” said Mike Webster, senior vice president and general manager, Oracle Retail.

Learn more about N Brown’s story at: https://bit.ly/2vqqLHa

Contact Info
Kris Reeves
Oracle PR
+1.925.787.6744
kris.reeves@oracle.com
About N Brown Group Plc

N Brown is a top 10 UK clothing & footwear digital retailer. We are size inclusive, focusing on the needs of underserved customer groups—size 20+ and age 50+. We offer an extensive range of products, predominantly clothing, footwear and homewares, and our Financial services proposition allows customers to spread the cost of shopping with us. We are headquartered in Manchester, where we design, source, and create our product offer, and we employ over 2,400 people across the UK.

About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility, and refine the customer experience. For more information, visit our website, www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Talk to a Press Contact

Kris Reeves

  • +1.925.787.6744

Harper College Brings HR and Finance Teams Together with Oracle

Oracle Press Releases - Wed, 2020-02-12 06:50
Press Release
Harper College Brings HR and Finance Teams Together with Oracle Leading community college selects Oracle Cloud Applications for ERP, EPM, and HCM to increase efficiencies and provide innovative student services

REDWOOD SHORES, Calif.—Feb 12, 2020

Harper College, one of the largest community colleges in Illinois and winner of the Government Finance Officers Association (GFOA) Award for Best Practices in Community College Budgeting, has selected Oracle Cloud Applications to help support its mission to enrich its diverse communities by providing quality, affordable, and accessible education. With Oracle Cloud, Harper College will be able to better serve the needs of its higher education students by taking advantage of a complete and integrated suite of applications to break down silos; quickly and easily embrace the latest innovations; and improve user engagement, collaboration, and performance.

Opened in 1967 and named after Dr. William Rainey Harper, a pioneer in the country’s community college movement, Harper College is one of the nation’s premier community colleges. Supporting the learning goals of about 35,000 students annually, Harper College needed to increase the efficiency of its core business processes. Turning to the cloud to meet this objective, Harper College will be implementing Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Enterprise Performance Management (EPM) Cloud, and Oracle Human Capital Management (HCM) Cloud.

Backed by a referendum affirmed by the community in which it serves, Harper College began to execute on its community driven plan to continue to provide affordable education and to keep its communities and local business competitive in a rapidly changing environment. One priority of the Ensuring a Strong Future plan is to maintain and improve campus infrastructure. The cornerstone of this priority required Harper College to invest in technologies to increase efficiency and support state-of-the-art technologies.

“Since its formation, Harper College has been a pioneer in delivering quality, affordable education,” said Patrick Bauer, CIO of Harper College. “Moving business processes to the cloud with Oracle was a natural evolution and will help to reduce costs while providing an easier path to innovation. Managing finance and HR on the same platform will enhance business processes, improve insights, and increase efficiency to help us continually advance our student services.”

With Oracle Cloud Applications, Harper College will be able to bring HR and finance teams together, create a single source of truth, automate manual processes, and drive end-to-end business innovation. Oracle ERP Cloud and Oracle EPM Cloud will enable Harper College to accurately and efficiently process financial information, track project statuses, and identify patterns in operational and financial data. In addition, with Oracle HCM Cloud, Harper College will be able to help faculty and staff provide the highest level of service to students by improving the entire workplace experience for employees, candidates, and HR professionals.

“To respond to rapidly changing educational needs resulting from a decline in overall student enrollment in the U.S. and a decrease in state funding, institutions need real-time visibility across the entire organization,” said Hari Sankar, group vice president, product management, Oracle. “With Oracle Cloud Applications, Harper College will be able to manage its finance and HR processes on a single platform. This will not only help drive efficiencies and improve decision-making, but also help Harper College deliver the best possible experience for its students and staff.”

Oracle ERP Cloud was named the sole Leader in Gartner’s Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises[1] and a Leader in the “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises[2].” Oracle EPM Cloud was named a Leader in the “Magic Quadrant for Cloud Financial Planning and Analysis Solutions[3]” (with the highest position for its ability to execute) and “Magic Quadrant for Cloud Financial Close Solutions[4].” In addition, Oracle HCM Cloud was recently named a leader in Gartner’s Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises [5] for its fourth consecutive year and placed the furthest for Completeness of Vision within the 2018 Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises [6].

1 Gartner Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, Mike Guay, John Van Decker, Christian Hestermann, Nigel Montgomery, Duy Nguyen, Denis Torii, Paul Saunders, Paul Schenck, Tim Faith, 31 October 2018
2 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker, Robert Anderson, Greg Leiter, 13 May 2019
3 Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Robert Anderson, John Van Decker, Greg Leiter, 8 August 2019
4 Gartner Magic Quadrant for Cloud Financial Close Solutions, Robert Anderson, John Van Decker, Greg Leiter, 21 October 2019

5 Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, Melanie Lougee, Ranadip Chandra, Jason Cerrato, Chris Pang, Ron Hanscome, Jeff Freyermuth, Sam Grinter, Helen Poitevin, 23 September 2019
6 Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises, Melanie Lougee, Ranadip Chandra, Ron Hanscome, Helen Poitevin, Chris Pang, Jeff Freyermuth, Sam Grinter, John Kostoulas, Jason Cerrato, 15 August 2018

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
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Oracle Helps Major Insurer Streamline Customer Experience

Oracle Press Releases - Wed, 2020-02-12 06:45
Press Release
Oracle Helps Major Insurer Streamline Customer Experience Oracle Communications’ SD-WAN eliminates downtime and improves customer resolution times for F&G

REDWOOD SHORES, Calif.—Feb 12, 2020

F&G Annuities & Life (F&G) is using Oracle SD-WAN to boost customer service by reducing network interruptions. F&G’s network relies on virtual desktop infrastructure (VDI) to serve nearly 700,000 customers across the United States. F&G’s VDI includes business critical cloud collaboration, contact center, ERP and customer experience applications.  

In the past, network circuits would drop; forcing employees to log back onto VDI in the middle of customer sessions. Not only did this hurt service resolution times but frustrated employees and hampered productivity.

“Enabling uninterrupted collaboration with our strategic partners and customer service agents is critical to helping our policyholders thrive,” said Jeff Sabin, assistant vice president, IT Infrastructure, Engineering and Operations, F&G. “Oracle’s SD-WAN helps in delivering a resilient network that ensures application availability, reliability and quality of experience, resulting in improved customer service. The best-of-breed SD-WAN technology has lowered our IT costs and freed up our IT team to focus on higher-value activities.”

Oracle SD-WAN delivers a self-driving, self-healing network that helps ensure all types of real-time and cloud based applications work without interruption, even in the case of a link failure or network impairments, such as high jitter, congestion, delay or packet loss. Since working with Oracle, F&G has virtually eliminated network downtime even amid carrier outages.

“Dependable networks are mission critical for our financial services customers to meet rising customer expectations,” said Andrew Morawski, senior vice president and general manager, Oracle Communications, Networks. “Oracle is committed to delivering trusted enterprise communications solutions that guarantees application availability and quality of experience for those they serve while reducing IT costs.”

To learn more about Oracle Communications industry solutions, visit: Oracle Communications LinkedIn, or join the conversation at Twitter @OracleComms.

Contact Info
Katie Barron
Oracle
+1.202.904.1138
katie.barron@oracle.com
Brent Curry
Hill+Knowlton Strategies
+1.312.255.3086
brent.curry@hkstrategies.com
About F&G

“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.

About Oracle Communications

Oracle Communications provides integrated communications and cloud solutions for Service Providers and Enterprises to accelerate their digital transformation journey in a communications-driven world from network evolution to digital business to customer experience. www.oracle.com/communications

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

Talk to a Press Contact

Katie Barron

  • +1.202.904.1138

Brent Curry

  • +1.312.255.3086

Index rebuild is taking long time before partition exchange

Tom Kyte - Wed, 2020-02-12 06:04
Hi Tom, I have a work table where I will do all the calculations and do partition exchange to main table. This work table is truncate & load. This process has couple of steps. 1. I will copy few records from main table to work table and ca...
Categories: DBA Blogs

Autotrace traceonly

Tom Kyte - Wed, 2020-02-12 06:04
Hi, Could you please help to understand: How can I get the execution plan with all details like A rows E rows, etc when trace only enabled. I always get basic plan details like rows bytes and cpu% only. It would be helpful if you could share an...
Categories: DBA Blogs

UPDATE scenario - facing ORA-01427

Tom Kyte - Wed, 2020-02-12 06:04
Hello Pls see the UPDATE statement below ... I am faced with ORA-01427 when running this Have also tried "... WHERE EXISTS (SELECT 1 ..." but have not got it right I need to update the TAXINV and TAXINVDATE columns in TBLTARGET where TAXINV i...
Categories: DBA Blogs

Oracle DataFox Expands Pool of European Company Data by 135 Percent

Oracle Press Releases - Wed, 2020-02-12 03:00
Press Release
Oracle DataFox Expands Pool of European Company Data by 135 Percent Insights into more than one million businesses in Europe help global organizations boost the personalization of AI-powered applications and sell, market, and trade more efficiently

Oracle OpenWorld London—Feb 12, 2020

To help organizations realize the potential of AI-powered applications in sales, marketing, and other business applications, Oracle DataFox has expanded its pool of AI-sourced and managed data. Since being acquired by Oracle in 2018, Oracle DataFox has extended its global coverage by more than 70 percent with rapid growth in Europe, where Oracle DataFox coverage has increased by 135 percent to cover more than one million businesses in the region.

Oracle DataFox is an AI-powered data engine that includes data on millions of organizations worldwide, including most public companies. This includes data on company headcount, funding, revenue, growth signals and awards. To ensure data is up-to-date, Oracle DataFox constantly cleans and enriches the data so that customers can benefit from accurate “smart” data within their applications, which improves the effectiveness of AI and machine learning algorithms. In addition, Oracle DataFox’s pool of company data is constantly being expanded by its AI-driven data engine that continuously extracts detailed data on public and private businesses.

“Good data leads to better recommendations and good business decisions,” said Clive Swan, senior vice president of applications development, Oracle. “The ability to feed AI-powered applications from a larger pool of high-quality and accurate data helps our customers better prioritize sales, marketing and other business activities and drive more revenue growth.”

With native integrations across Oracle’s SaaS offerings, Oracle DataFox sources more than 1 billion data points each year to improve data quality in Oracle Eloqua and Oracle Sales Cloud, as well as other third party customer experience applications. For example, Oracle DataFox helps customers increase fill rates for key sales and marketing data points for company revenue and headcount to 99 percent. Similarly, Oracle DataFox’s real-time signal data (time-based data points) helps organizations understand when their customers and prospects have a higher propensity to buy and enables sales teams to prioritize and assign accounts dynamically.

InnovationQuarter is the regional economic development agency for the Province of Zuid-Holland, also known as the greater Rotterdam—The Hague area. To target and build a strong business network, it needed to look beyond its first party CRM data and gain visibility into other organizations in the region.

“Our mission is to stimulate innovation and economic growth in the greater Rotterdam-The Hague area. To achieve this we needed to have a more complete view of the Dutch business community,” said Chris Van Voorden, Director Foreign Investment & Internationalization at InnovationQuarter, a regional economic development agency in The Netherlands. “Oracle DataFox has significantly improved our efficiency and enabled us to better target and connect with businesses internationally, to drive valuable partnerships.”

Contact Info
Bill Rundle
Oracle
415.990.3348
bill.rundle@oracle.com
About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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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Bill Rundle

  • 415.990.3348

New Study: AI Helps Organizations Grow Profits 80 Percent Faster

Oracle Press Releases - Wed, 2020-02-12 02:00
Press Release
New Study: AI Helps Organizations Grow Profits 80 Percent Faster Global research highlights how organizations are capitalizing on emerging technologies to enhance finance and operations for competitive advantage

Oracle OpenWorld London—Feb 12, 2020

Organizations that are adopting Artificial Intelligence (AI) and other emerging technologies in finance and operations are growing their annual profits 80 percent faster, according to a new study from Enterprise Strategy Group and Oracle. The global study, Emerging Technologies: The competitive edge for finance and operations, surveyed 700 finance and operations leaders across 13 countries and found that emerging technologies—AI, Internet of Things (IoT), blockchain, digital assistants—have passed the adoption tipping point, exceed expectations, and create significant competitive advantage for organizations.

AI and Digital Assistants Improve Accuracy and Efficiency in Finance

Organizations embracing emerging technologies in finance are experiencing benefits far greater than anticipated:

  • Errors in finance organizations have been reduced by 37 percent on average.
  • 72 percent of organizations using AI have a better understanding of overall business performance.
  • 83 percent of executives believe AI will completely automate financial close processes within the next five years.
  • Digital assistants increase productivity by 36 percent and accelerate financial analysis by 38 percent.
  AI, IoT, and Blockchain Drive More Responsive Supply Chains

AI, IoT, blockchain and digital assistants are helping organizations improve accuracy, speed and insight in operations and the supply chain, and respondents expect additional business value as blockchain applications become mainstream.

  • Organizations using AI in their supply chains have seen order fulfillment reduction by an average of 6.7 business days.
  • Applying IoT data to supply chain processes helps organizations reduce fulfillment errors by 26 percent on average.
  • AI is helping organizations reduce fulfillment errors by 25 percent, stock-outs by 30 percent, and manufacturing downtime by 26 percent.
  • Organizations using digital assistants in their supply chains have increased employee productivity by 28 percent and the speed of analysis by 26 percent.
  • 87 percent of organizations using blockchain have achieved or exceeded ROI expectations; 82 percent expect to see significant business value within the next year.
  • 78 percent of executives believe the ability to verify supply chain monitoring with blockchain will reduce incidents of fraud in their supply chain by 50 percent or more over the next five years.
  • 68 percent of respondents see increased business intelligence as a key advantage of emerging technology in supply chain operations.
  Emerging Tech Equals Competitive Advantage

The vast majority of organizations have now adopted emerging technologies and early adopters (those using three or more solutions) are seeing the greatest benefit and are more likely to outperform competitors.

  • Emerging technologies have become mainstream and 84 percent of organizations are using at least one of these technologies (AI, IoT, blockchain, digital assistants) in production.
  • 82 percent of organizations using three or more emerging technologies are ahead of competitors, compared to only 45 percent of organizations using none.
  • Organizations using multiple emerging technologies are 9.5 times more likely to have market-leading financial and operational accuracy.
  • Organizations are 2-3 times more likely to purchase prebuilt emerging technology solutions than build them on their own (percentage varies depending on technology solution).
  • Almost all respondents (91 percent) considered SaaS applications to be a key enabler of emerging technology.
  Supporting quotes

“AI, IoT, blockchain and digital assistant capabilities enable organizations to innovate faster, creating significant competitive advantage and driving increased profit for companies embracing those technologies more decisively than their competitors,” said Juergen Lindner, senior vice president, SaaS product marketing, Oracle. “The research finds that these technologies have become mainstream and organizations that sit on the sidelines risk their business relevance. To help our customers outpace change and consequently the competition, we continuously infuse emerging technologies directly into the business processes to ensure they can harness these business-changing technologies.”

“This study makes it clear that emerging technologies have passed the trial phase and are moving toward a state of widespread adoption,” said John McKnight, EVP of Research and Analyst Services of Enterprise Strategy Group. “The business case for these technologies in areas such as finance and operations is maturing at a rapid pace—and in most cases benefits exceed expectations. Furthermore, the research shows that emerging technologies complement and amplify the benefits of one another, which underscores the importance of taking a holistic approach.”

Download a free copy of the summary report here, and the full report here.

Additional Resources   Methodology

Research findings are based on a global survey of 700 finance and operations managers and executives conducted by Enterprise Strategy Group between September 19 to October 16, 2019. The study was administered online and fielded in 13 countries. All respondents were managers and executives in the finance or operations functional units of their organizations, and were required to be frequent users of ERP, EPM or SCM applications. Additionally, only respondents working at organizations with 1,000 or more employees or with annual revenues of $100M of more were considered qualified. The survey was complemented by 10 in-depth interviews with finance and operations leaders from various industries. All respondents were provided an incentive to complete the survey in the form of cash awards and/or cash equivalents.

Contact Info
Rachael Walker
Oracle
704.728.3179
rachael.walker@oracle.com
About Enterprise Strategy Group (ESG)

Enterprise Strategy Group is a technology analyst, research, validation, and strategy firm that provides market intelligence and actionable insight to the global technology community. www.esg-global.com.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at 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.

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Rachael Walker

  • 704.728.3179

Modify VAGRANT_HOME For Windows

Michael Dinh - Tue, 2020-02-11 19:21

I know what you are thinking, “Why make it so complicated!”

Unfortunately, C: drive is only 500G while other attached drives are 1TB.

Download vagrant box from outside of VAGRANT_HOME

resetlogs@ghost MINGW64 /d/VirtualBoxVMs
$ vagrant box add --name ol77 https://yum.oracle.com/boxes/oraclelinux/ol77/ol77.box
==> box: Box file was not detected as metadata. Adding it directly...
==> box: Adding box 'ol77' (v0) for provider:
    box: Downloading: https://yum.oracle.com/boxes/oraclelinux/ol77/ol77.box
    box:
==> box: Successfully added box 'ol77' (v0) for 'virtualbox'!

resetlogs@ghost MINGW64 /d/VirtualBoxVMs
$ ls -l
total 0

resetlogs@ghost MINGW64 /d/VirtualBoxVMs
$

Verify vagrant box is downloaded to VAGRANT_HOME

resetlogs@ghost MINGW64 /d/vagrant.d
$ ls -l
total 5
drwxr-xr-x 1 dinh 197121    0 Feb 11 20:00 boxes/
drwxr-xr-x 1 dinh 197121    0 Feb 11 19:49 data/
drwxr-xr-x 1 dinh 197121    0 Feb 11 19:49 gems/
-rw-r--r-- 1 dinh 197121 1675 Feb 11 19:49 insecure_private_key
drwxr-xr-x 1 dinh 197121    0 Feb 11 19:49 rgloader/
-rw-r--r-- 1 dinh 197121    3 Feb 11 19:49 setup_version
drwxr-xr-x 1 dinh 197121    0 Feb 11 20:00 tmp/

resetlogs@ghost MINGW64 /d/vagrant.d
$ cd boxes

resetlogs@ghost MINGW64 /d/vagrant.d/boxes
$ ls -l
total 0
drwxr-xr-x 1 dinh 197121 0 Feb 11 20:00 ol77/

resetlogs@ghost MINGW64 /d/vagrant.d/boxes
$ env|grep -i vagrant
PWD=/d/vagrant.d/boxes
PATH=/c/Users/Michael Dinh/bin:/mingw64/bin:/usr/local/bin:/usr/bin:/bin:/mingw64/bin:/usr/bin:/c/Users/Michael Dinh/bin:/c/Windows/system32:/c/Windows:/c/Windows/System32/Wbem:/c/Windows/System32/WindowsPowerShell/v1.0:/c/Windows/System32/OpenSSH:/c/Program Files/WinMerge:/cmd:/c/Program Files/PuTTY:/c/Program Files (x86)/Intel/Intel(R) Management Engine Components/DAL:/c/Program Files/Intel/Intel(R) Management Engine Components/DAL:/c/Program Files/Intel/WiFi/bin:/c/Program Files/Common Files/Intel/WirelessCommon:/d/HashiCorp/Vagrant/bin:/c/Users/Michael Dinh/AppData/Local/Microsoft/WindowsApps:/c/Program Files/Java/jdk-12.0.1/bin:/usr/bin/vendor_perl:/usr/bin/core_perl
ORIGINAL_PATH=/mingw64/bin:/usr/bin:/c/Users/Michael Dinh/bin:/c/Windows/system32:/c/Windows:/c/Windows/System32/Wbem:/c/Windows/System32/WindowsPowerShell/v1.0:/c/Windows/System32/OpenSSH:/c/Program Files/WinMerge:/cmd:/c/Program Files/PuTTY:/c/Program Files (x86)/Intel/Intel(R) Management Engine Components/DAL:/c/Program Files/Intel/Intel(R) Management Engine Components/DAL:/c/Program Files/Intel/WiFi/bin:/c/Program Files/Common Files/Intel/WirelessCommon:/d/HashiCorp/Vagrant/bin:/c/Users/Michael Dinh/AppData/Local/Microsoft/WindowsApps:/c/Program Files/Java/jdk-12.0.1/bin
***** VAGRANT_HOME=D:\vagrant.d *****
OLDPWD=/d/vagrant.d

resetlogs@ghost MINGW64 /d/vagrant.d/boxes
$

Delete vagrant box.

resetlogs@ghost MINGW64 /d/vagrant.d/boxes
$ vagrant box remove ol77
Removing box 'ol77' (v0) with provider 'virtualbox'...

resetlogs@ghost MINGW64 /d/vagrant.d/boxes
$

Here are the modifications from Windows registry and environments

Bug Bounty

Pete Finnigan - Tue, 2020-02-11 18:04
There has been a rise on bug bounty programs and websites that help researchers find and disclose bugs to website and other owners with the hope of a payout from the owner of the vulnerable wesbsites. Some big well known....[Read More]

Posted by Pete On 11/02/20 At 10:09 AM

Categories: Security Blogs

Oracle Entity Framework Core 3.x

Tom Kyte - Tue, 2020-02-11 18:04
When will the https://www.nuget.org/packages/Oracle.EntityFrameworkCore/ support dotnet core sdk 3.1 ?
Categories: DBA Blogs

Truncate Partition is very slow

Tom Kyte - Tue, 2020-02-11 18:04
Hi Tom We got a table which is partitioned on Range (date), Each partition holds approximately 5 Million records, there are 60 partitions. There are 4 Indexes on this table and they are Global Indexes. To remove old data we truncate partition. ...
Categories: DBA Blogs

Scheduling Queries

Tom Kyte - Tue, 2020-02-11 18:04
Hi Connor, Chris, Could you please have a look at below scenario related to dbms_scheduler program and job setu: <code> -------------- Start Use Case Setup -------------- -----------------------------------------------------------------------...
Categories: DBA Blogs

Labs for Multitenant

Tom Kyte - Tue, 2020-02-11 18:04
Hi All: I have a question on the Multitenant Fundamentals hands on session scheduled for Thu, Feb 13, 2020 16:00-17:00 UTC: Will these labs be making use of VMs based on https://cloudmarketplace.oracle.com/marketplace/listing/69658839? * I'm a...
Categories: DBA Blogs

Oracle Sequence expiry

Tom Kyte - Tue, 2020-02-11 18:04
I have few sequences which are about to expires and I need notification over emails when last_number increases. Can you suggest how to do it.
Categories: DBA Blogs

ORA-30926 not raised in merge statement for non-deterministic set of rows

Tom Kyte - Tue, 2020-02-11 18:04
Hi Connor, Chris et al, Could you please kindly help me better understand when ORA-30926 is to be raised for non-deterministic set of rows on input? Up to 12.1 it worked as a charm , regardless of sort order and number duplicate rows on input O...
Categories: DBA Blogs

ORA-06553: PLS-306: wrong number or types of arguments when selecting object type instance

Tom Kyte - Tue, 2020-02-11 18:04
We're experiencing this when testing upgrade from Ora 12.1 to 19. What's wrong with the code?
Categories: DBA Blogs

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