<![CDATA[Oracle APAC Press Releases]]> https://www.oracle.com/press en-us Fri, 25 Jul 2008 21:06:00 UTC http://www.oracle.com/assets/oralogo-small.gif All Oracle Press Releases http://oracle.com/ 133 18 Oracle Logo Wed Aug 16 11:51:58 UTC 2017 <![CDATA[Etisalat Sri Lanka Transforms Business Processes with Oracle Cloud Applications ]]> Wed Aug 16 11:51:58 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/etisalat-sri-lanka-deploys-oracle-cloud-applications-20170816.html 4000978278080
Press Release

Etisalat Sri Lanka Transforms Business Processes with Oracle Cloud Applications

Top telecommunications service provider chooses Oracle Cloud Applications to modernise systems and simplify key business functions while increasing employee productivity

Colombo, Sri Lanka—Aug 16, 2017


Etisalat Sri Lanka, a leading mobile telecommunications provider in Sri Lanka, has successfully deployed Oracle Cloud Applications to modernise its IT systems and transform its business by simplifying and standardising the performance of key business functions including human resources (HR), finance, and supply chain.

Etisalat Sri Lanka Project Team

Seen in the picture at the Etisalat Office with the project team (R to L) Nikhil Parambath - Head of Application SAGE (2nd), Perihane Elhamy - Chief Technology and Information Officer( 3rd), Jasbir Singh - Vice President ERP / SCM Applications APAC (4th), Chandita Samaranayake, regional sales director of the application business, Oracle SAGE (5th) and Fiona De Silva - Program Manager, Etisalat (6th)

An industry leader for more than 25 years, with a mission to extend its reach, Etisalat Sri Lanka was facing difficulties in integrating its core business functions with an aging and highly customised Enterprise Resource Planning (ERP) system. Productivity and efficiency were reduced drastically due to significant manual effort. Additional issues facing Etisalat Sri Lanka were report data integrity and integration between the front-end billing and sales force automation systems.

The organisation successfully deployed Oracle Cloud Applications, including Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Supply Chain Management Cloud and Oracle Human Capital Management (HCM) Cloud, because of Oracle’s ability to provide a single, integrated platform across HR, financials, and procurement. Etisalat opted for Oracle’s Cloud Applications suite on the strength of its integrated breadth and depth of offerings, embedded analytics, and the modern, easy-to-use interface of its applications.

“As we continue to grow rapidly, we were looking for a solution to simplify and modernise our business processes, for a comprehensive view across our entire organisation with the ability to seamlessly integrate across multiple systems,” said Perihane Elhamy – chief technology and information officer, Etisalat Sri Lanka. “With Oracle Cloud Applications, we now have access to modern innovative tools that will enable us to grow our business operations, simplify our existing business processes, and increase employee productivity through true talent management.”

Etisalat Sri Lanka is taking advantage of Oracle ERP Cloud’s industry-leading capabilities. As the most complete, modern, and secure solution, Oracle ERP Cloud helps organizations drive innovation and business transformation by increasing business agility, lowering costs, and reducing IT complexity. Critically, Oracle ERP Cloud enables the seamless integration with Oracle HCM Cloud which allows Etisalat to tightly align talent requirements and investments to its strategic growth plans. Built on Modern Best Practices, Oracle Cloud Applications provided an ideal platform for Etisalat to complete their transformation successfully and quickly.

“Oracle Cloud Applications are helping organisations around the world to drive innovation and transform their businesses by helping to increase business agility, lower costs, and reduce IT complexity,” said Chandita Samaranayake, regional sales director of the application business, Oracle SAGE. “We are proud to help Etisalat Sri Lanka simplify and modernise their business processes by providing them with offering that are in line with global best business practices.”

Etisalat awarded the contract to Oracle in December 2016 and the project went live in April 2017.


Contact Information
Noman Lakhani
Oracle
+92 300 2012780
noman.lakhani@oracle.com
About Oracle

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

Trademarks

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


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<![CDATA[Indian Developers More Keen to Work on Microservices, Chatbots and APIs, finds Oracle ]]> Thu Aug 10 07:43:15 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/indian-developers-keen-to-work-on-oracle-chatbots-apis-20170810.html 4000968422390
Press Note

Indian Developers More Keen to Work on Microservices, Chatbots and APIs, finds Oracle

Bengaluru, India —Aug 10, 2017


Oracle sees a very vibrant and active software development scenario in India, with developers working on all spectrums of technology. In particular, Oracle finds there’s more developer appetite for cutting edge technologies such as Containers, Chatbots etc. for building innovative applications. 
The speed-to-market business imperative has redefined application development practices, with the number of application releases from typical businesses likely to double over the coming year. Developers are looking to quickly create applications with microservices, APIs, containers, mobile backends and chatbots using modern DevOps processes and thus, are realizing the need for rich and robust platform capabilities.
The following three trends are most visible with developers in India:

  • Cloud Native development using Microservices set to go mainstream: Microservices based development is no longer a buzzword, but a best practice to deliver products quickly to the business in the digital era. This boosts agility, giving enterprises a significant competitive edge
  • Real chatbot applications with natural language processing will become the norm by 2018: Using chatbots, existing applications can be extended to newer channels, while newer applications can interact in novel ways
  • node.js and Javascript continue to build a massive following: Javascript has become the ubiquitous language with both client and server side programming capabilities. Most new applications are built using javascript frameworks such as React, Angular etc. with node.js on the backend. Polyglot applications continue to remain a focus for developers looking to choose from a multitude of programming languages

Above all this, the premium on open standards, open platform and open source remains a key priority, since developers want zero lock-in. In line with Oracle’s commitment to Open Standards and Open Source, Oracle recently announced three new Open Source Container Utilities – Smith, a secure microcontainer builder; Crashcart, a microcontainer debugging tool and Railcar, an alternative container runtime.
Oracle is also bringing its global flagship developer conference, Oracle Code, to Bengaluru for the first time. This is an opportunity for developers to experience easy, modern and open cloud development technology with workshops and other live, interactive experiences and demos.

  • “With the democratization of coding, Oracle is committed towards developing, supporting, and promoting various technologies for developers. India is a critical market for us and Oracle Cloud Platform validated for India Stack is a testimony to our commitment. We’ll continue to engage with and empower the vibrant developer community here to build world-class products” said Ravi Pinto, Director – Product Management, Oracle Cloud Platform and Cloud machine.


Contact Information
Vandana Shenoy
Oracle India
+91 124 6226784 / +91 9811551760
vandana.shenoy@oracle.com
Yadunandan K. V
Oracle India
+91 80 67862725 / +91 9900445543
yadunandan.k.v@oracle.com
About Oracle

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

Vandana Shenoy

  • +91 124 6226784 / +91 9811551760

Yadunandan K. V

  • +91 80 67862725 / +91 9900445543
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<![CDATA[Khushhali Microfinance Bank Boosts Core Banking Operations with Oracle Cloud Ready Infrastructure]]> Wed Aug 02 01:57:38 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/khushhali-microfinance-bank-selects-oracle-engineered-systems-20170802.html 4000946799586
Press Release

Khushhali Microfinance Bank Boosts Core Banking Operations with Oracle Cloud Ready Infrastructure

Karachi, Pakistan—Aug 2, 2017


Khushhali Microfinance Bank Limited , one of the leading microfinance institutions in Pakistan, has selected Oracle Engineered Systems as part of the ongoing IT infrastructure upgrade supporting its plans to boost business growth and service quality. Khushhali Microfinance Bank joins the ranks of global microfinance banks to deploy its core banking applications on Oracle Exastack.

With plans to expand exponentially by 2020, and a newly acquired core banking application, the Khushhali Microfinance Bank needed a reliable, robust and scalable infrastructure to deliver the performance needed for the new software and other surrounding applications. Khushhali Microfinance Bank also wanted to consolidate its data centre footprint and find ways of lowering operational costs by reducing man-hours for administrative and maintenance tasks.

Khushhali Microfinance Bank Boosts Core Banking Operations with Oracle Cloud Ready Infrastructure

Khushhali Microfinance Bank Limited has selected Oracle Engineered Systems as part of the ongoing IT infrastructure upgrade, supporting its plans to boost business growth and service quality. Seen in the picture at the go-live ceremony are (Left to Right) Waqas Hashmi - Country Director, Oracle Cloud Platform for Pakistan, Ying Loong Chin - VP, Oracle Cloud Platform for Asean and SAGE, Ghalib Nishtar - President and Chief Executive Officer, Khushhali Microfinance Bank Limited and Amina Hassan - Head Retail Banking, Khushhali Microfinance Bank Limited.

“Khushhali Microfinance Bank is proud to have the largest client base amongst microfinance banks in Pakistan, serving over 0.5Mn active borrowers and over 1.4Mn active savers. Our financial services are empowering the country’s lowest-income populace, helping to give them a better standard of living. We have set the standard across the microfinance industry and want to facilitate an environment where microfinance can continue to prosper,” said President and CEO, Khushhali Microfinance Bank, Mr. Muhammad Ghalib Nishtar. “Our ambition to reach the financially excluded with quality products and services will be facilitated by the investment in a strong technology foundation for our core banking systems. We look forward to working with Oracle on this transformational journey.”

Khushhali Microfinance Bank selected a suite of Oracle Engineered Systems including Oracle Exadata Database Machine X6-2, Oracle Exalogic Elastic Cloud X6-2 and Oracle ZFS Storage as the hardware platform to support its core banking.  These integrated systems are architected, integrated, tested, and optimized to work together and for the specific workloads they support.  This results in easier deployment and upgrades, and more efficient systems management, which will help the bank to ensure high levels of performance and availability and cut complexity and costs. As these solutions are also part of Oracle’s cloud-ready infrastructure portfolio, they will also help the bank future proof this investment and be able to embark on the journey to the cloud when it is ready. 

 “A robust and efficient IT infrastructure is crucial for the financial institutions to stay competitive and provide innovative products and services to their customers,” said Waqas Hashmi, Country Director – Cloud Platform Group, Oracle Pakistan. “Many such organizations in Pakistan have achieved significant benefits by deploying Oracle solutions and we hope that Khushhali Microfinance Bank will be able to achieve its objectives through getting optimum performance from its core banking application on Oracle infrastructure.”

Oracle Advanced Customer Support will implement the Oracle Engineered Systems and Database options, with the storage and backup solutions deployed by a member of Oracle Partner Network.


Contact Information
Noman Lakhani
Oracle
+92 21 35839224
noman.lakhani@oracle.com
Muhammad Aqil
The Passage
+92 21 34300791
+92 321 9247007
muhammad.aqil@thepassagepr.com
About Khushhali Microfinance Bank Limited

Khushhali Microfinance Bank Limited is a pioneer institution amidst Pakistan’s microfinance banking industry, having been created in 2000 to address the challenges of poverty and access to finance. Over the decade, the Bank has created a customer-focused expertise, backed by strong financial, operations and product management to invest in next generation financial and delivery management systems aimed at Pakistan’s rural and urban communities.
For more information please visit: www.khushhalibank.com.pk.

About Oracle in Pakistan

Oracle has been operating in Pakistan since 1997. Oracle helps Pakistani businesses, government departments, non-government organizations and education institutions through its local partners, to adopt integrated information technology infrastructures to achieve higher work efficiencies. Oracle has more than 1100 customers in Pakistan, spanning top organizations in the public and private sector. Some of Pakistan’s top organizations run their businesses on Oracle based solutions.

About Oracle

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

Noman Lakhani

  • +92 21 35839224

Muhammad Aqil

  • +92 21 34300791
    +92 321 9247007
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<![CDATA[Andhra Pradesh Information Technology Academy (APITA) Extends Collaboration with Oracle Academy in Computer Science Education]]> Tue Aug 01 09:23:35 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/andhra-pradesh-information-technology-academy-apita-extends-collaboration-with-oracle-academy-20170801.html 4000946835705
Press Release

Andhra Pradesh Information Technology Academy (APITA) Extends Collaboration with Oracle Academy in Computer Science Education

Oracle Academy aims to reach 10,000 students from 200 regional institutions over the next three years

Andhra Pradesh, India—Aug 1, 2017


Oracle and Andhra Pradesh Information Technology Academy (APITA) have extended their agreement to integrate Oracle Academy curriculum into the state’s educational programs to inspire and prepare the next-generation of technology professionals for successful careers in IT. Oracle Academy curriculum will focus on big data, mobility, cloud computing and the Internet of Things.

As a part of the three-year agreement, Oracle Academy aims to train 375 faculty members in computer science instruction with a goal to reach 10,000 students across 200 polytechnic, engineering and degree colleges in Andhra Pradesh.

Teachers will be instructed through six Oracle Academy courses, including Java Foundation, Java Fundamentals, Java Programming, Database Foundation, Database Design and Programming with SQL, and Programming with PL/SQL. Upon completion, educators will use Oracle Academy infrastructure as part of their classroom curriculum.

“We are happy to further Oracle Academy’s work with Andhra Pradesh Information Academy (APITA). There is a growing demand for a highly skilled technology workforce in Andhra Pradesh. APITA has pioneered the state’s initiatives in developing skills of its youth to prepare them for the workforce,” said Damian Haas, Regional Director, Oracle Academy, Oracle Asia Pacific.

“With APITA’s charter of creating readily employable graduates, we are constantly looking at collaborations that support this endeavor. Oracle Academy offers us a very modern and relevant curriculum that can prepare our students for careers in the field of IT. I am looking forward to working with Oracle Academy,” said Dr. B. Sundar, IFS, CEO, Andhra Pradesh Information Technology Academy.

Oracle Academy is Oracle’s flagship philanthropic education program aimed at advancing computer science education globally. In the past fiscal year, Oracle Academy supported over 3.5 million students in 120 countries across 12,000 institutions through an in-kind grant value of $3.75 billion. In India, Oracle Academy currently teams with more than 1,700 educational institutions.


Contact Information
Vandana Shenoy
Oracle India
+91 124 6226782
vandana.shenoy@oracle.com
About APITA

Andhra Pradesh Information Technology Academy is a Society established by Information Technology, Electronic and Communications Department of Government of Andhra Pradesh. The main activities of the organization are to promote industry-academia-government interaction, to impart training through industry to produce readily employable graduates, to bridge urban-rural divide in training and placements and to enable e-literacy amongst socially and economically challenged sections of the society.

About Oracle Academy

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computer science education globally to drive knowledge, innovation, skills development, and diversity in technology fields. To this end, Oracle Academy offers students and educational institutions a free and complete portfolio of software, curriculum, hosted technology, faculty trainings, support, and certification resources. The program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping make them ready to make their mark in the era of big data, cloud computing, the Internet of Things, and beyond.

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.


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<![CDATA[Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud]]> Wed Jul 19 13:51:12 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-expands-cloud-at-customer-with-paas-saas-services-20170719.html 4000936185922
Press Release

Oracle Significantly Expands Cloud at Customer with PaaS and SaaS Services to Help Customers in their Journey to the Cloud

Delivers unrivaled enterprise-grade public cloud SaaS, PaaS, and IaaS services in customers’ datacenters

Redwood Shores, Calif—Jul 19, 2017


Empowering organizations to move workloads to the cloud while keeping their data on their own premises, Oracle today announced significant expansion of the breadth of services available through Oracle Cloud at Customer. The portfolio now spans all of the major Oracle PaaS categories and for the first time, also features Oracle SaaS services. Since its introduction just over a year ago, Oracle Cloud at Customer has experienced unprecedented growth with leading global organizations across six continents and more than 30 countries adopting the solution, including AT&T and Bank of America.

Oracle Cloud at Customer is designed to enable organizations to remove one of the biggest obstacles to cloud adoption—data privacy concerns related to where the data is stored. While organizations are eager to move their enterprise workloads to the public cloud, many have been constrained by business, legislative and regulatory requirements that have prevented them from being able to adopt the technology. These first-of-a-kind services provide organizations with choice in where their data and applications reside and a natural path to easily move business critical applications eventually to the public cloud.

“Oracle Cloud at Customer is a direct response to the remaining barriers to cloud adoption and turning those obstacles into opportunities by letting customers choose the location of their cloud services,” said Thomas Kurian, president, product development, Oracle. “We are providing a unique service that enables our customers to leverage Oracle Cloud services, including SaaS, PaaS, and IaaS, both on their premises and in our cloud.  Customers gain all the benefits of Oracle’s robust cloud offerings, in their own datacenters, all managed and supported by Oracle.”

Underpinning Oracle Cloud at Customer is a modern cloud infrastructure platform based on converged Oracle hardware, software-defined storage and networking and a first class IaaS abstraction. Oracle fully manages and maintains the infrastructure at customers’ premises so that customers can focus on using the IaaS, PaaS and SaaS services. This is the same cloud infrastructure platform that powers the Oracle Cloud globally.

Based on overwhelming customer demand, Oracle continues to expand the services available via Oracle Cloud at Customer. With today’s news, customers now have access to all of Oracle’s major PaaS categories, including Database, Application Development, Analytics, Big Data, Application and Data Integration, and Identity Management. These services take advantage of specific enhancements that have been made to the underlying Oracle Cloud at Customer platform such as servers with faster CPUs and NVMe-based flash storage, as well as all-flash block storage to deliver even better performance for enterprise workloads.

For the first time, Oracle has also made available via Oracle Cloud at Customer, the ability to consume Oracle SaaS services such as Enterprise Resource Planning, Human Capital Management, Customer Relationship Management, and Supply Chain Management in their own datacenters. These best-in-class, modern applications help unlock business value and increase performance by enabling businesses and people to be more informed, connected, productive, and engaged. Major organizations are already adopting this new option to modernize their key enterprise operations and benefit from the speed of innovation in Oracle SaaS without having to move sensitive application data outside their premises. With the addition of SaaS services to Oracle Cloud at Customer, customers have access to Oracle Cloud services across the entire cloud stack, all delivered in a subscription-based, managed model, directly in their datacenters.

Also, newly available is the Oracle Big Data Cloud Machine, which is an optimized system delivering a production-grade Hadoop and Spark platform with the power of dedicated nodes and the flexibility and simplicity of a cloud offering. Organizations can now access a full range of Hadoop, Spark, and analytics tools on a simple subscription model in their own data centers.

Oracle Cloud at Customer delivers the following Oracle Cloud services:

  • Infrastructure: Provides elastic compute, containers, elastic block storage, object storage, virtual networking, and identity management to enable portability of Oracle and non-Oracle workloads into the cloud.
  • Data Management: Enables customers to use the number one database to manage data infrastructure in the cloud with the Oracle Database Cloud, including Oracle Database Exadata Cloud for extreme performance and Oracle MySQL Cloud.
  • Big Data and Analytics:  Empowers an entire organization to use a single platform to take advantage of any data to drive insights. Includes a broad set of big data cloud services, including Oracle Big Data Cloud Service, Oracle Analytics Cloud, and Oracle Event Hub Cloud.
  • Application Development: Enables organizations to develop and deploy Java applications in the cloud using Oracle Java Cloud, Oracle Application Container Cloud, Oracle Container Cloud, and Oracle WebCenter Portal Cloud.
  • Enterprise Integration: Simplifies integration of on-premises applications to cloud applications, as well as cloud application to cloud application integration using Oracle Integration Cloud, Oracle SOA Cloud, Oracle Data Integrator Cloud, Oracle GoldenGate Cloud, Oracle Managed File Transfer Cloud, and Oracle Internet of Things Cloud.
  • Security: Enables organizations to use Oracle Identity Cloud to implement and manage consistent identity and access management policies.
  • Software-as-a-Service: Provides organizations with a complete suite of software to run their businesses, including Oracle ERP Cloud, Oracle CX Cloud, Oracle HCM Cloud, and Oracle Supply Chain Management Cloud.

Customer Demand Drives Expansion of Portfolio

Global organizations are turning to Oracle Cloud at Customer to standardize on a platform to modernize existing infrastructure and develop innovative new applications. Customers including City of Las Vegas, Federacion Colombiana de Municipios, Glintt Healthcare, HCPA, NEC, NTT DATA, Rakuten Card, State University of New York, and State Bank of India are benefitting from Oracle Cloud services from inside their own datacenters.

“The City of Las Vegas is shifting its Oracle application workloads to the Oracle Cloud,” said Michael Sherwood, Director Information Technologies, city of Las Vegas. “By keeping the data in our data center, we retain full control while enabling innovation, gaining efficiencies and building applications to better serve our community.”

“Today, public organizations are constantly innovating to meet the needs of our citizens. For the Colombian Federation of Municipalities, we have decided to digitally transform our territories to become smart cities,” said Alejandro Murillo, CIO of the Colombian Federation of Municipalities. “With Oracle Cloud at Customer, we have the technological capabilities to bring top-level solutions in the cloud to our municipalities, enabling them to operate with more agility and better serve our citizens.”

“Oracle Cloud at Customer provides us with a consolidated solution to make sensitive healthcare data securely available,” said Nuno Vasco Lopes, CEO, Glintt Healthcare Solutions. “The efficient and flexible solution has reduced the total cost of ownership by 18 percent and delivered high customer performance.” 

Oracle Cloud at Customer

The Oracle Cloud at Customer portfolio of services enables organizations to get all of the benefits of Oracle’s public cloud services in their datacenters. The business model is just like a public cloud subscription; the hardware and software platform is the same; Oracle experts monitor and manage the infrastructure; and the same tools used in Oracle’s public cloud are used to provision resources on the Oracle Cloud at Customer services. This is the only offering from a major public cloud vendor that delivers a stack that is 100 percent compatible with the public cloud but available on-premises, ensuring that customers get the same experience and the latest innovations and benefits using it in their datacenters as in the public cloud. 


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


Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145
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<![CDATA[Small and Midsize Businesses To Get Cloud Transformation Boost with Oracle Digital Hub in India ]]> Fri Jul 07 13:46:11 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/smb-access-cloud-solutions-in-new-oracle-digital-hub-india-20170707.html 4000915003823
Press Release

Small and Midsize Businesses To Get Cloud Transformation Boost with Oracle Digital Hub in India

New Digital Hub in Bangalore Supports Demand for Cloud as Small Businesses Seek to Streamline Operations, Boost Innovation and Gain a Platform for Growth

Bangalore—Jul 7, 2017


Small and midsize businesses (SMBs) will get access to the cloud solutions and resources they need to power digital transformation with the opening of Oracle’s first Digital Hub in Asia Pacific, which will be based in Bangalore. The new facility, one of five Digital Hubs set to open in Asia Pacific, highlights Oracle’s commitment to better serving the midsize market in the new cloud economy. India’s new Digital Hub, part of a global network of best practice centres for SMBs, will help small and midsize businesses leverage Oracle Cloud solutions to streamline operations, boost innovation and gain a platform for growth.

The hub will house Oracle’s new digital sales team and focus on helping more midsize organisations transition to the cloud quickly and easily. With a distinctive Indian feel, and exuding the energy of a start-up, the team will provide timely, personalised and effective support to customers, using the latest collaboration tools, techniques and technologies to transform the buying experience.

François Lançon, senior vice president, Oracle Japan and Asia Pacific, said: “The cloud is democratising IT; you just need a web browser or a mobile phone app to take advantage of it. What’s more, it has incredible transformation potential for small businesses, enabling them to do things they have never been able to do before, at an affordable price, such as use technology to streamline business processes, gain access to an easy-to-use platform for innovation, and digitise their customer experience. We are simplifying the buying process to help these smaller organisations, as well as branch offices and line of business departments, digitally transform their business.”

Customers that want to buy entirely online can utilise the click-to-buy Oracle Accelerated Buying Experience. In addition to the simplified buying experience, Oracle’s Digital Hubs will provide a complete suite of cloud applications, platform, and infrastructure services as both standalone services and as bundles. The range of choices empowers small businesses to select solutions that directly address their goals or issues.

Vivek Vinayak Purekar, vice president and global HR head, Simeio Solutions, said, “We’re constantly trying to reduce operational costs by automating our processes so that we can focus more on our core business, and Oracle understands this very well. The Oracle HCM cloud solution has completely transformed our HR engine to match our fast growth and has given us the freedom to do more with less. It has helped us achieve the right blend of process modernisation and increased efficiencies. The analytics that come embedded enabled us to gain the right insights to drive more contextual collaboration and engagement, and make faster and better operational decisions.”

Yathindra Banappa, managing director, Amego, said, “Amego is India’s first logistical assistance company for medical emergencies on the go. We wanted to implement a scalable, flexible cloud platform that can be accessed from anywhere across the country. With Oracle Mobile Cloud Service, we’ve enabled more than 50,000 people, with one click access, to automatically log medical emergency requests and get approvals on the go. Customers can avail our services whether online or offline, even from far-flung hospitals and pharmacies with no internet connectivity. Going forward, we intend to leverage Oracle’s Intelligent Chatbot offering to deliver greater ease of access and a superior, more intuitive experience to customers.”

The Complete Package

Shailender Kumar, vice president and regional managing director, Oracle India, said: “There are over 51 million SMBs in India, many of whom haven’t worked with Oracle or used cloud before. They now have access to the most modern solutions in the market, available online, direct via the hub and through our expanded end-to-end ecosystem, working with the vast network in India. The increased choice in cloud technology will help accelerate SMB’s ability to innovate and grow more quickly, paving the way for the next big SMB revolution in the country. This solid investment reiterates our strong commitment to India.”

Praveen Bhadada, partner and practice head – Digital, Zinnov Management Consulting Pvt. Ltd., said, “With nearly 40 percent contribution to India’s GDP, the SMB sector forms the backbone of the Indian economy. Technology enablement of SMBs is expected to further add $1.1 Tn to the GDP and over $250 Bn to exports from India. Technology advancements, particularly around cloud, are playing a key role in helping small businesses to upgrade their operations, launch innovative products and services and expand their reach. Tools that make it easier for these organisations to adopt cloud and are compatible with local business needs will certainly be welcomed.”

The Digital Hub’s work with SMBs complements the Oracle Startup Cloud Accelerator Programme, which aims to fuel cloud-enabled innovation among startups around the globe. Following the success of the pilot program in Bangalore, Oracle recently expanded locations across the globe, including opening two new centres in Delhi–NCR and Mumbai to provide mentorship and technology resources to local startups.


Contact Information
Yadunandan KV
Oracle India Pvt. Ltd.
+91-80-67862725
yadunandan.k.v@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 www.oracle.com/in.

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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<![CDATA[Cloud infrastructure reality in APAC is outperforming perception finds Oracle study]]> Tue Jul 04 09:29:54 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/iaas-pulse-study-20170626.html 4000908930682
Press Release

Cloud infrastructure reality in APAC is outperforming perception finds Oracle study

Nearly half of APAC companies plan to run their business on cloud infrastructure within three years

Singapore—Jul 4, 2017


Businesses in Asia Pacific are rapidly embracing cloud infrastructure (IaaS) to boost performance and innovation levels, new research from Oracle has revealed.  While negative perceptions around security, complexity and loss of control still present barriers to adoption, they are shown to be outdated myths, with those that have moved to IaaS proving the reality is far more positive.

Two thirds (65%) of APAC businesses that are already using IaaS to some extent, say it makes it easier to innovate. The same proportion says moving to IaaS has significantly cut their time to deploy new applications or services. Furthermore, 61% say IaaS has significantly cut on-going maintenance costs and 61% of all respondents believe businesses not investing in IaaS will increasingly find themselves struggling to keep pace with businesses that are.

The research also found that experienced users are almost twice as likely to believe IaaS can provide world class operational performance in terms of availability, uptime and speed, compared to non-adopters. Although some fear the move to IaaS may be complicated, 64% of experienced IaaS users say the move was easier than they expected.

Most APAC respondents agree IaaS will have a role to play in their business within three years, with 43% saying they will run most – or all of their business IT infrastructure – on IaaS. Only 9% of respondents believe IaaS will still have little or no role in their business in three years.

Chris Chelliah, APAC Group Vice President & Chief Architect, Technology & Cloud, at Oracle said: “That perception lags reality is no great surprise when it comes to cloud adoption, as a number of outdated perceptions still persist. New services and increased experience in deployed cloud means that we are seeing high levels of success and satisfaction from businesses, as shown by this research.  This comes from the financial savings, reduced complexity and increased levels of innovation brought by use of cloud infrastructure.  For those that have not yet made a serious move, I would say to them that they need to identify and challenge what is holding them back because while they wait, plenty of others are taking full advantage of the opportunities cloud affords.”


Contact Information
Rebecca English
Oracle Public Relations
+61 414 314 836
rebecca.english@oracle.com
About the Research and Further Reading

Oracle partnered with Longitude Research to survey 1,614 IT professionals in Australia, Germany, India, Italy, Malaysia, Saudi Arabia, Singapore, South Korea and the UK about the state of their cloud infrastructure implementation and how they expect to use the technology in the coming years. For the full results and more information, read Oracle’s report “You & IaaS: The new generation”(PDF).

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.


]]>
<![CDATA[Enhancing Performance of Digital Channels is Key to Developing India Retail Banking Industry, 2017 Oracle J.D. Power India Retail Banking Study Finds]]> Mon Jul 03 06:30:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-jd-power-india-retail-banking-study-20170703.html 4000908344796
Press Release

Enhancing Performance of Digital Channels is Key to Developing India Retail Banking Industry, 2017 Oracle J.D. Power India Retail Banking Study Finds

New Delhi, India—Jul 3, 2017


  • Use of Traditional Banking Channels Surpass Digital in India Retail Banking Industry
  • Customer Satisfaction with Banking in India Lagging Behind Key Global Markets

Despite the impetus provided by demonetization, digital banking is not yet  a pervasive experience in India. The branch continues to dominate banking channels, with 94% of retail banking customers having visited the branch/store at least once in the past 12 months, according to the 2017 Oracle J.D. Power India Retail Banking Study released today.  

The study measures customer satisfaction across urban and rural India on the product and service provided by their main financial institution. The study measures overall satisfaction in five factors: account activities (39%); account information (18%); facility (17%); product offerings (14%); fees (12%). Overall customer satisfaction is measured on a 1,000-point scale.

“Most banking relationships still begin and continue at the branch,” said Gordon Shields, senior director J.D. Power. “However, there is great potential for banks to move more into the digital space.. Only 51% of retail banking customers have a reliable online banking experience with their main financial institution. If this is the alternative to in-person banking at the branch, a stronger emphasis must be placed on improving overall service. In fact, overall customer satisfaction with banking in India is lagging significantly behind other key markets at 672 index points, compared to the industry average score reported in other J.D. Power studies in China (806), the USA (793) and Australia (748), thus, underlining the need for banks in India to improve their overall service and offerings to a growing banking populace.”

While overall customer satisfaction with mobile banking is markedly higher (693) than with In-Person Branch interaction (676),  only 9% of India retail banking customers use mobile banking for everyday transactions. It is vital that retail banks ensure that customers feel at ease with using digital banking channels.

“Amongst the 48% of customers who have yet to download a banking app, one-fourth state lack of security is a key reason for non-usage,” said Shields. “The success of digital banking rests clearly on its ability not only to engage with customers but to do so in a secure and trusted manner. Once such concerns are addressed, there is scope for huge improvement on this front. It is essential that content, user experience and security be revisited holistically as opposed to launching digital assets in a piecemeal manner.”

Fundamentally, communication is key to achieving higher customer satisfaction. Nearly three-fourths (73%) of customers believe their financial needs were not fully understood before they were offered new products, with only 7% having had fees and pricing of products explained. A stronger understanding of features and benefits of a main account can increase satisfaction by 100 points, with customers who do not or only partially understand product features (82%) less satisfied (659) than the 18% who completely understand the product features (759).

“As India embarks on its digitisation agenda, results on ground exhibit a contrary reality,” said Kiran Kumar Kesavarapu, APAC Leader, Industry Innovation Advisors – Financial Services Oracle. “A large majority of India’s urban retail banking consumers still prefer to go to a bank—our study estimates this to be as high as 94%. This, at a time, when digital banking is paving the way for a new economy and one that is going to be a dominant metric of success for the government, banks and citizens alike. We believe the issue lies in customer engagement models that Indian banks employ today and related security uncertainties when transacting online. This can be addressed easily and quickly.”

Following are additional key findings of the study:

  • Private banks outperform public banks: Private banks are rated higher in overall satisfaction (680) than public banks (666). Private banking customers are more likely to recommend their bank to friends and relatives (89%) than public banks (86%).
  • Higher satisfaction drives loyalty and advocacy: Highly satisfied customers are more likely to recommend their bank (94%) to friends and family than those who are less satisfied (76%). In addition, those who are less satisfied are more likely to switch to another bank. Almost one-fourth (23%) of less satisfied customers are more likely to switch to a different bank, compared with 18% of highly satisfied customers.
  • Opportunity to increase use and quality of mobile wallets: Among the 78% of smartphone users, 42% use at least one mobile wallet, with more customers using non-banking apps as their main mobile wallet. Among mobile wallet users, almost half (48%) have experienced problems at least once when making a transaction with the app demonstrating the need for non-traditional banks to address their quality of service related to more complex products. Ofthe main mobile wallets, the vast majority (59%) use PayTM. Only 5% of customers say they use their Banking App as the main app.
    • The 2017 Oracle J.D. Power India Retail Banking Study is based on in-person interviews with 5,368 retail banking customers conducted between February and April 2017. The study covers metro, urban, semi-urban and rural areas across 14 states in India, and includes both private and public banks.
    • J.D. Power has offices in Singapore, Bangkok, Kuala Lumpur, Beijing, Shanghai and Tokyo that conduct customer satisfaction research and provide consulting services in the automotive, information technology and finance industries in the Asia Pacific region. Together, the six offices bring the language of customer satisfaction to consumers and businesses in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan, Thailand and Vietnam. J. D. Power is a portfolio company of XIO Group, a global alternative investments firm headquartered in London, and is led by its four founders: Athene Li, Joseph Pacini, Murphy Qiao and Carsten Geyer. Information regarding J.D. Power and its products can be accessed through the Internet at india.jdpower.com.
    • About J.D. Power and Advertising/Promotional Rules www.jdpower.com/about-us/press-release-info

Contact Information
Deebba Ali
Oracle India
+91 124 6226783, +91 9810509973
deebba.ali@oracle.com
Aisling Carty
J.D. Power; Singapore
+ 65-6733 8980
aisling.carty@jdpower.com.sg
Geno Effler
J.D. Power; Costa Mesa, California, USA
+1-714-621-6224
media.relations@jdpa.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.


Talk to a Press Contact

Deebba Ali

  • +91 124 6226783, +91 9810509973

Aisling Carty

  • + 65-6733 8980

Geno Effler

  • +1-714-621-6224
]]>
<![CDATA[Catchi, Havas and Oracle Join Forces to Advance Australia’s Digital Marketing Skills In Launching Asia Pacific’s First Conversion Optimisation Certificate Course]]> Tue Jun 27 11:06:27 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/catchi-havas-oracle-launch-conversion-rate-optimisation-cro-certificate-course-20170627.html 4000905781343
Press Release

Catchi, Havas and Oracle Join Forces to Advance Australia’s Digital Marketing Skills In Launching Asia Pacific’s First Conversion Optimisation Certificate Course

Sydney—Jun 27, 2017


Australian digital marketers now have the opportunity to propel their skills in optimising conversion rates with the launch of the Asia Pacific region’s first Conversion Rate Optimisation (CRO) Certificate.

Catchi, a Silver level member of Oracle PartnerNetwork and one of Australasia’s leading specialists in Conversion Rate Optimisation (CRO) and Personalisation, has been tapped to design and deliver the course in conjunction with ADMA, which is known for having best in class courses for Australian marketers taught by subject matter experts.

As part of the CRO certificate program, Catchi incorporates support from Oracle Marketing Cloud to help enable students to get real world experience with its data science technologies covering multivariate testing, audience-segment discovery, and predictive personalisation.

At the same time, Havas, one of the world’s largest global communications groups, is slated to work with both Catchi and Oracle to deliver a tailored test environment for course participant learning.

Michaela Aguilar, General Manager, Catchi Digital Australia, said, “We’re delighted to work with ADMA, Oracle and Havas Media to propel local digital marketing skills sets and ultimately enable the industry to achieve outstanding results in CRO and build the effective, meaningful relationships that win clients for life.”

The CRO course takes five days offered as one day per fortnight over ten weeks and includes a live boot camp on the last day, enabling participants to work on live case studies. At the same time, marketers can also conduct the certification course in-house and customise content for their own specific client requirements. 

Paul Cross, Group Vice President of Customer Success, Oracle Marketing Cloud, added, “We are delighted to work with ADMA, as well as with digital media industry leaders like Catchi and Havas, in making technology more accessible and usable as well as helping to progress the industry as a whole through education. The CRO course supports a big leap in the approach to and practice of digital marketing among Australian organisations.”

As the digital marketing landscape continues to undergo a rapid evolution, Australian marketers can now progress their skills with the following certified CRO course content:

  • Advanced conversion rate optimisation
  • Digital Insights at the heart of CRO; need to know vs nice to know and going beyond the basic funnel, e.g. form analytics and identifying the overall impact of a test
  • Speeding up test implementation
  • Best conversion rate optimisation workflows and ideation at scale
  • Optimising the full user journey; the crucial relationship between SEM, SEO and CRO
  • How to deal with CRO political challenges internally
  • Up-skilling and scaling up your optimisation team
  • How to develop your own conversion rate optimisation prediction skill and accuracy
  • Effectively using personalisation and advanced segmentation
  • How to build out a real "optimisation" and "test everything" culture across the entire business
  • Exclusive Bootcamp working live with the experts on day five for hands-on learning.

Rogan Gilhespie, Chief Data Officer, Havas, said, “In Australia, there is a real gap in what the market is saying about optimising websites and what companies are actually doing. Just building a destination should not be a digital marketer’s ultimate aim. Site design should be about site optimisation, targeting the right people at the right time and ultimately creating a personalised experience for the life time of the conversation.”

The initial CRO course is scheduled to commence in Sydney on 17 August 2017.  For additional information, please visit:
https://www.adma.com.au/iq/certificate/conversion-rate-optimisation


Contact Information
Antoinette Georgopoulos
Oracle Public Relations
+61 2 9491 1698
antoinette.georgoploulos@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, 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

Antoinette Georgopoulos

  • +61 2 9491 1698
]]>
<![CDATA[Q4 FY17 GAAP EPS Up 15% to $0.76 and NON-GAAP EPS Up 10% to $0.89]]> Wed Jun 21 09:50:39 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/fy17q4-earnings-release-20170621.html 4000887165356
Press Release

Q4 FY17 GAAP EPS Up 15% to $0.76 and NON-GAAP EPS Up 10% to $0.89

Total Cloud Revenues Up 58% to $1.4 Billion, Total Revenue Up 3% to $10.9 Billion

Redwood Shores Calif—Jun 21, 2017


Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q4 results and fiscal 2017 full year results. Comparing Q4 2017 to Q4 last year, SaaS (Software as a Service) cloud revenues were up 67% to $964 million, and non-GAAP SaaS revenues were up 75% to $1.0 billion. Cloud PaaS (Platform as a Service) plus IaaS (Infrastructure as a Service) revenues were up 40% to $397 million, and non-GAAP PaaS plus IaaS revenues were up 42% to $403 million. Total cloud revenues were up 58% to $1.4 billion, and non-GAAP total cloud revenues were up 64% to $1.4 billion. Cloud plus on-premise software revenues were up 5% to $8.9 billion, and non-GAAP cloud and on-premise software revenues were up 6% to $8.9 billion. Total revenues were up 3% to $10.9 billion.

Operating Income was up 3% to $4.1 billion, and the operating margin was 37%. Non-GAAP Operating Income was up 5% to $5.0 billion, and the non-GAAP operating margin was 46%. Net Income was $3.2 billion, and non-GAAP Net Income was $3.8 billion. Earnings Per Share was $0.76, while non-GAAP Earnings Per Share was $0.89. Without the impact of the U.S. dollar strengthening compared to foreign currencies, Oracle’s reported GAAP Earnings Per Share would have been 2 cents higher, and non-GAAP Earnings Per Share would have been 1 cent higher.

Short-term deferred revenues were up 8% to $8.2 billion compared with a year ago. Operating cash flow on a trailing twelve-month basis was up 3% to $14.1 billion.

For fiscal 2017, Cloud SaaS revenues were up 61% to $3.2 billion compared to fiscal 2016. Non-GAAP SaaS revenues were up 68% to $3.4 billion. Cloud PaaS and IaaS revenues were up 60% to $1.4 billion for both GAAP and Non-GAAP. Total cloud revenues were up 60% to $4.6 billion. Non-GAAP cloud revenues were up 66% to $4.7 billion. Cloud and on-premise software revenues were up 4% to $30.2 billion. Non-GAAP cloud and on-premise software revenues were up 5% to $30.4 billion. Total Revenues were up 2% to $37.7 billion. Non-GAAP Total Revenues were up 2% to $37.9 billion.

Operating Income was $12.7 billion, and operating margin was 34%. Non-GAAP Operating Income was $16.2 billion and non-GAAP operating margin was 43%. Net Income was $9.3 billion while non-GAAP Net Income was $11.6 billion. Earnings Per Share was $2.21, while Non-GAAP Earnings Per Share was $2.74. Without the impact of the U.S. dollar strengthening compared to foreign currencies, Oracle’s reported GAAP Earnings Per Share would have been 4 cents higher and non-GAAP Earnings Per Share would have been 3 cents higher.

“Our fourth quarter results were very strong as revenue growth and earnings per share both substantially exceeded the high end of guidance,” said Oracle CEO, Safra Catz. “We continue to experience rapid adoption of the Oracle Cloud led by the 75% growth in our SaaS business in Q4. This cloud hyper-growth is expanding our operating margins, and we expect earnings per share growth to accelerate in fiscal 2018.”

“We sold $855 million of new annually recurring cloud revenue (ARR) in Q4, putting us over our $2 billion ARR bookings goal for fiscal year 2017,” said Oracle CEO, Mark Hurd. “We also delivered over $1 billion in quarterly SaaS revenue for the first time. Next year is going to be even better. We expect to sell a lot more than $2 billion in new cloud ARR in fiscal year 2018.”

“AT&T has agreed to migrate thousands of existing Oracle databases containing petabytes of data plus their associated applications workloads to the Oracle Cloud,” said Oracle Chairman and CTO, Larry Ellison. “In the coming year, I expect more of our big customers to migrate their Oracle databases and database applications to the Oracle Cloud. These large-scale migrations will dramatically increase the size of both our PaaS and IaaS cloud businesses.”

The Board of Directors also declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 19, 2017, with a payment date of August 2, 2017.

Q4 Fiscal 2017 Earnings Conference Call and Webcast

Oracle will hold a conference call and webcast today to discuss these results at 2:00 p.m. Pacific. You may listen to the call by dialing (816) 287-5563, Passcode: 425392. To access the live webcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q4 results and fiscal 2017 financial tables are available on the Oracle Investor Relations website.

A replay of the conference call will also be available by dialing (855) 859-2056 or (404) 537-3406, Pass Code: 34656498.


Contact Information
Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com
Deborah Hellinger
Oracle Corporate Communciations
+1.212.508.7935
deborah.hellinger@oracle.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 or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.

Trademarks

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

"Safe Harbor" Statement

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our future sales and non-GAAP financial results, expectations of future customer migrations to the Oracle Cloud and growth in the size of our PaaS and IaaS cloud business, are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Our cloud computing strategy, including our Oracle Cloud SaaS, PaaS, IaaS and data as a service offerings, may not be successful. (2) If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses, cloud software subscriptions or hardware systems products or purchase or renew support contracts. (3) If the security measures for our products and services are compromised or if our products and services contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and reduced sales. (4) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for support contracts. (5) Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses. (6) Economic, geopolitical and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (7) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle’s Investor Relations website at http://www.oracle.com/investor. All information set forth in this press release is current as of June 21, 2017. Oracle undertakes no duty to update any statement in light of new information or future events.  


Talk to a Press Contact

Ken Bond

  • +1.650.607.0349

Deborah Hellinger

  • +1.212.508.7935
]]>
<![CDATA[Oracle Announces Data Center Plans for India ]]> Wed May 10 18:30:09 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-datacenter-plans-india-20170510.html 4000821923386
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 Information
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. 


]]>
<![CDATA[Oracle Opens Doors to New Batch of Indian Startups]]> Wed May 10 06:00:16 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-welcomes-new-digital-startups-20170510.html 4000821961511
Press Release

Oracle Opens Doors to New Batch of Indian Startups

Oracle Startup Cloud Accelerator Program calls for applications from technology startups for its new centers in Delhi/NCR, Mumbai and for its third group in Bengaluru

ORACLE OPENWORLD, NEW DELHI—May 10, 2017


Following the launch of the Oracle Startup Cloud Accelerator Program in Bengaluru and subsequent expansion into Delhi/NCR, Mumbai and other international markets, Oracle has successfully mentored and nurtured two batches of startups as part of this program in India. Today, at Oracle Code, Oracle announced calls for applications from early-stage technology startups to join this program in Bengaluru, Delhi/NCR and Mumbai. Registrations will be open from May 10, and the group will start in September 2017.

The Oracle Startup Cloud Accelerator program provides startups with six months of training and mentorship, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors and free Oracle Cloud credits. Through this initiative, Oracle is looking to boost entrepreneurship, economic development and further the country’s digital agenda.

Unlike traditional accelerator programs, this is a next-generation acceleration initiative driven by Oracle R&D, and has a focus on reimagining enterprise innovation through true partnership with startups. The initiative targets medium-sized firms, including MSMEs[1] (micro, small, medium enterprises) and startups, which encompass a highly vibrant and dynamic sector of the Indian economy, contributing more than 37 percent[2] of India’s GDP.

Sanket Atal, Group Vice President of Development, Oracle India said “We believe startups are at the heart of innovation. Supporting and building an efficient ecosystem for them is critical. We’ve had the opportunity to nurture some great business ideas with the startups we’ve worked with in the first two batches. As we continue to promote cloud innovation, we also involve Oracle’s global product development teams to identify opportunities where we can foster co-development. This is an exciting time for us and we look forward to continuing our support toward India’s startup community.”

Benefits of associating with Oracle Startup Cloud Accelerator Program include:

  • Over 125 hours of combined mentorship from Oracle and industry experts, which includes CTOs and CIOs of established startups and peer organisations
  • 24x7 access to a co-working space within Oracle’s premises, with Internet connectivity. The space also includes an activity centre, a café, and a creative, fun, healthy working environment
  • Access to Oracle’s vast ecosystem of customers and partners
  • Ongoing interactions and sessions with the investor community
  • Access to Oracle Cloud (including training), at no charge
  • After completing the six-month program, the startups that have leveraged Oracle Cloud for their business may be eligible to continue using it for an extended period

“As a data science and predictive analytics company, the Oracle Startup Cloud Accelerator program has empowered us with cutting edge cloud technology to analyze massive amounts of data,” said Naveen Setia, co-founder Farebond, one of the startups currently part of the program.

“The technology support and mentorship we’ve received from Oracle has helped us refine our product architecture. Based on their suggestions on UI/UX, we have been able to improve our product quality by several notches,” said Sathya Narayana, Founder & CEO, Re#hash

Oracle Startup Cloud Accelerator Batch One Participants

  • ExpertRec has developed a machine learning-based, plug-and-play search and recommendation solution for online marketplaces
  • NiYO Solutions is a fintech startup focused on alternate payment mechanisms
  • Ray IoT Solutions has developed a mobile-based sleep monitoring device to detect infant healthcare dysfunctions
  • Tydy ;provides a mobile first, automated employee on-boarding platform 
  • Vear provides a device agnostic, augmented and virtual reality platform for content distribution and marketing

Oracle Startup Cloud Accelerator Batch Two participants

  • ezeDox is a digital locker built on the Aadhaar ecosystem using India Stack building blocks to connect organizations and users. It provides digitally signed online applications, eKYC enablement, storage, collaboration, categorization, tagging, browsing, and document sharing. 
  • Farebond.com is a data science and predictive analytics firm that provides dynamic price locks to hold airfares for undecided travelers, giving them more time to plan. It has an extensive risk management process to keep lock pricing attractive to end customers while mitigating the operational risks involved for air carriers. 
  • Re#hash is a platform for the post-sales lifecycle management of consumer products. After a product is purchased, this app enables repair, service, renew, resale, or recycle in just a few clicks. This is a one-stop tool to manage products from cradle (date of purchase) to grave (end-of-life recycling). 
  • Sonder Connect is a not-for-profit trust founded by four women who identify, nurture, and champion high potential women-led startups in India with the goal of growing them to be multimillion/billion dollar companies. 
  • Trendlyne is a financial services advisor marketplace that provides equity scoring, analytics (including interactive charts with bullish/bearish/fundamentals indicators), custom alerts, and an aggregated business newsfeed. 

[2]  http://smestreet.in/msmes-contribute-for-more-than-37-of-gdp-and-employment-for-805-lakh-indians/


Contact Information
Yadunandan K V
Oracle India
+91.9900445543
yadunandan.k.v@oracle.com
Bhawana Suri
The PRactice (on behalf of Oracle)
+91.9212729816
bhawana.suri@the-practice.net
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

Yadunandan K V

  • +91.9900445543

Bhawana Suri

  • +91.9212729816
]]>
<![CDATA[Oracle API Platform Cloud Enables Customers to Drive Business Transformation and API-First Thinking]]> Wed May 10 06:00:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-api-cloud-platform-drives-customer-business-transformation-20170510.html 4000822261415
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, California—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.

Oracle Apiary solution, including the free version, will also continue to be offered as a standalone service. 


Contact Information
Yadunandan KV
Oracle
+919900445543
yadunandan.k.v@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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<![CDATA[Oracle Cloud Platform Now Validated for India Stack]]> Wed May 10 06:00:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-india-cloud-platform-validated-for-india-stack-20170509.html 4000822095986
Press Release

Oracle Cloud Platform Now Validated for India Stack

Oracle provides developers and partners modern cloud platform to develop next-generation applications using India Stack APIs

ORACLE OPENWORLD, NEW DELHI —May 10, 2017


Oracle today announced that the Oracle Cloud Platform has been validated to develop applications using India Stack services. Key to the country’s “Digital India” vision, India Stack is a set of APIs that allows developers working with government, businesses, and startups to utilize a unique digital Infrastructure to deliver secure presence-less, paperless, and cashless service delivery. With this validation, developers and partners can leverage Oracle Cloud at Customer to create and test next generation cloud applications that invoke core India Stack APIs, including Aadhaar Authentication and eKYC, eSign and DigiLocker.

“Oracle is committed to empowering developers around the world to take advantage of the latest technologies to build the next generation of innovative applications,” said Amit Zavery, senior vice president, Oracle Cloud Platform and Middleware. “For India, that means creating applications that enable payments and collaboration not previously possible. With the validation of India Stack with Oracle Cloud, we are further empowering India’s robust developer and partner community to deliver cutting-edge applications that meet stringent regulatory requirements and protect the interests of India’s users and organizations.”

With this validation, developers gain ultimate choice and flexibility of where to deploy their modern India Stack-based applications - inside their own datacenter, in the Oracle Cloud, or in a traditional on-premises environment. Leveraging Oracle’s Cloud PaaS and IaaS capabilities, Oracle Cloud at Customer offerings enable customers to innovate faster, while meeting regulatory, data sovereignty and residency requirements behind their firewall. With a comprehensive, integrated portfolio of platform services, the offering enables users to increase productivity and lower costs. India Stack APIs can also be leveraged with Oracle SaaS applications for India specific enhancements. 

Demonstrating the strength of the India Stack movement, daily transactions have already topped 20 million and are expected to soon reach more than 100 million. Early adopters of the India Stack already include innovative developers participating in the Oracle Startup Cloud Accelerator (OSCA) program, such as ezeDox, a startup that is changing the way documents and related processes are produced, stored, and consumed digitally.

“India Stack offers startups like ezeDox a new world of opportunities,” said Veerendra Mishra, Founder, ezeDox. “Leveraging India Stack through Oracle Cloud is the most open, easy, and modern way for our developers to take full advantage of this unique digital infrastructure for the disruptive applications we’re building.”

For more information about the India Stack, please visit https://indiastack.org


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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<![CDATA[Oracle Announces Availability of Oracle ERP Cloud in India]]> Tue May 09 06:00:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-erp-cloud-india-20170509.html 4000821918932
Press Release

Oracle Announces Availability of Oracle ERP Cloud in India

Market Leading Solution to Accelerate India’s Digitization Agenda

ORACLE OPENWORLD, NEW DELHI—May 9, 2017


Oracle today announced the availability of Oracle Enterprise Resource Planning (ERP) Cloud in India to help local and multinational firms operating in India prepare for the country’s transformational tax reforms. Oracle ERP Cloud delivers built-in features to facilitate compliance with new Goods and Services Tax (GST) regulations, provides native support for GST Network integration and reporting, and support for local requirements including withholding, payment processing, and statutory reporting. Oracle CEO Safra Catz announced the expanded availability of Oracle ERP Cloud during her keynote at Oracle OpenWorld in New Delhi.

The new India GST regulations will enforce simplified and uniform tax rates across all states, replacing several hundred different tax rates with five tax rate tiers that cover all goods and services. The new regulations are expected to boost economic activity and contribute substantially to Gross Domestic Product (GDP) growth via a reduction in friction in the movement of goods and services across state borders. To help customers successfully manage this transformation, trained and certified Oracle ERP Cloud consultants from Oracle partners, including Clover Infotech, Deloitte, Filix Consulting, KPIT, KPMG, and PricewaterhouseCoopers, are currently engaged with customers.

Oracle ERP Cloud is a complete, modern, and proven financial platform delivered seamlessly through the Oracle Cloud. A modern user interface driven by the latest design innovations delivers embedded analytics, contextual social collaboration and a device-independent mobile experience that makes Oracle ERP Cloud familiar and easy to use. Importantly, Oracle ERP Cloud will now enable Indian firms to administer and leverage the significant GST process changes, including tax calculations, liability accounting, recovery, settlement and reporting. The availability of Oracle ERP Cloud in India reflects Oracle’s support of the government’s Make in India initiative.

“Global adoption of our leading Oracle ERP Cloud continues to accelerate,” said Safra Catz, CEO, Oracle. “We expect this trend to grow in India as customers can now take advantage of Oracle ERP Cloud’s comprehensive tax management capabilities, fully integrated with core ERP functions, to help make better business decisions and address regulatory changes driven by the new GST.”


Contact Information
Deebba Ali
Oracle Corporate Communications
+91.124.4328593
deebba.ali@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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<![CDATA[Government of Jharkhand and Oracle Sign Memorandum of Understanding to Drive Digital Transformation]]> Tue May 09 06:00:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-india-digital-transformation-20170509.html 4000821794679
Press Release

Government of Jharkhand and Oracle Sign Memorandum of Understanding to Drive Digital Transformation

Initiative to improve citizen services, increase employment, and encourage start-up investment

Oracle OpenWorld, New Delhi—May 9, 2017


The Government of Jharkhand and Oracle today signed a Memorandum of Understanding (MoU) intended to improve citizen services and make Jharkhand an attractive destination for start-ups. The MoU was signed by Shri Sunil Kr Barnwal, Secretary, IT & e-Governance, of Jharkhand and Shri Shailender Kumar, Regional Managing Director of Oracle India, in the presence of the Honourable Chief Minister of Jharkhand, Shri Raghubar Das and Oracle CEO Safra Catz at Oracle OpenWorld in New Delhi.

Oracle will offer its support to the state through its vast portfolio of technology solutions, including Oracle Cloud—which are already powering a large number of governments globally. These solutions cater to the growing requirements and expectations of citizens, businesses and government departments for smarter, transparent and efficient governance within the state of Jharkhand.

As part of the MoU, the Government of Jharkhand and Oracle will jointly explore and identify areas in which Oracle’s latest cloud-based technologies can be used to deliver improved citizen services and to address the state’s citizen and business requirements.

Jharkhand’s administration intends to use Oracle’s cloud-based solutions to build a platform to encourage innovation and entrepreneurship among its youth, helping establish Jharkhand as a preferred start-up destination in India. Earlier this year, Jharkhand received investment support from the union government for an internal venture capital fund to support start-ups in the state.[1] Under the MoU, Oracle and the Government of Jharkhand will collaborate to create proof of concepts and help new startups using Oracle Cloud-based platforms to operationalize citizen services and startup centres that would further the vision of the Chief Minister to increase employment and alleviate poverty.

“The Government of Jharkhand is steadfast in working toward the benefit of its citizens. We want to be the top choice with global companies for investments and be India’s start-up hub. Oracle’s rich global experience, technology expertise and strong capabilities, make them ideal partners for us,” said Shri Raghubar Das, Honourable Chief Minister of Jharkhand.

“India’s rapid transformation echoes the generational shift taking place in the technology industry,” said Safra Catz, CEO, Oracle. “Just as cloud is triggering broad innovation within the technology industry, it will also drive changes and increase efficiency within emerging economies like India. Oracle is looking forward to working with Jharkhand’s administration to support entrepreneurship, create opportunity, and improve services for its citizens, as we have done with governments around the world.”

[1] http://timesofindia.indiatimes.com/city/ranchi/jharkhand-set-to-become-a-startup-hub/articleshow/57212816.cms


Contact Information
Vandana Shenoy
Oracle Corporate Communications
+91.124.4328156
vandana.shenoy@oracle.com
Deebba Ali
Oracle Corporate Communications
+91.124.4328593
deebba.ali@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

Vandana Shenoy

  • +91.124.4328156

Deebba Ali

  • +91.124.4328593
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<![CDATA[Oracle Academy and Ministry of Education Sri Lanka Team Up to Help Inspire Student Interest in Computer Science]]> Mon May 08 20:39:58 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-academy-sign-agreement-ministry-of-education-sri-lanka-computer-science-20170508.html 4000812284257
Press Release

Oracle Academy and Ministry of Education Sri Lanka Team Up to Help Inspire Student Interest in Computer Science

10,000 students and 200 Faculty Members across 200 institutes to benefit from Oracle Academy’s educational programs

Colombo, Sri Lanka—May 8, 2017


Oracle Academy and Ministry of Education Sri Lanka sign agreement

Seen at an Oracle Academy Event exchanging the agreement (L) Chandi Samaranayake, Regional Sales Leader – SAGE and (R) Mr. P.N Illeperuma – Director ICT of the Ministry of Education, Sri Lanka

Building on Oracle’s commitment to expanding its support of education globally, Oracle Academy and the Ministry of Education Sri Lanka, have signed an agreement to integrate Oracle Academy’s programs into 200 institutes island-wide under the ministry’s purview supporting over 10,000 students on the pathway to future IT careers.

Over the next three years the agreement will also facilitate the training of 200 faculty members at the secondary and higher secondary levels where ICT and Computer Science are part of the curriculum. Oracle Academy will facilitate a 'train-the-trainer' course to ramp up faculty members as instructors for five Oracle Academy courses including Database Foundations, Database Design and Programming with SQL, Programming with PL/SQL, Java Foundations, Java Fundamentals, and Java Programming. After completing their training with Oracle Academy, the faculty members will leverage the Oracle Academy infrastructure and materials to train other faculty members and students. Once the initial groups of faculty are trained, they will be permitted to use the Oracle Academy infrastructure to train their students.

“Our mission is to develop competent citizens keeping with the global trends through innovative and modern approaches to education and the Ministry is committed to investing in education programs that help inspire students’ interest in Computer Science,” said Mr Sunil Hettiarachchi, Secretary to the Ministry of Education. “We look forward to working with Oracle very closely to help prepare our youth island wide for Computer Science Education. This partnership provides cutting edge information technology skills for our students to be competitive in the future.”

“Oracle works to advance education with state-of-the-art technology programs that awaken and deepen students’ interest in computer science,” said Natasak Rodjanapiches, Managing Director, Oracle Thailand and Sri Lanka. “We are pleased to work with the Ministry of Education Sri Lanka to help promote and strengthen computer science education and train teachers across Sri Lanka on the Oracle Academy curriculum. These efforts will ultimately help expand the reach and depth of computer science education, and encourage students to explore the power of computer programming and the opportunities made available via computer science education.”

“Computer science is a constantly changing field and teachers need access to quality professional development to help ensure exemplary teaching. This partnership between Ministry of Education in Sri Lanka and the Oracle Academy will help enable hundreds of teachers to learn new skills and build strong learning communities,” said Damian Haas Regional Director, Oracle Academy, Asia Pacific and Japan. “We work with educational institutions to help teachers develop core computing knowledge and skills aligned to industry demands using current technologies–so they can teach students. This is an opportunity for teachers, to grow both professionally and as a community of teachers.”

Oracle Academy’s mission is to advance computer science (CS) education globally, and drive knowledge, innovation, skills development, and diversity in technology fields. Oracle Academy programs and curriculum offers access to world-class software, Java development environments, faculty training, curriculum, certification preparation, and more − all designed to help students increase the relevance of their academic programs and easily expand their course offerings.

Oracle Academy creates a CS education pathway from primary schools through higher education to cultivate critical thinking and core, in-demand skills including SQL and Java. Each year, Oracle Academy reaches more than 3.1 million students in 110 countries.


Contact Information
Noman Lakhani
Oracle
+92 300 2012780
noman.lakhani@oracle.com
About Oracle Academy

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computer science education globally to drive knowledge, innovation, skills development, and diversity in technology fields, offering a free and complete portfolio of software, curriculum, hosted technology, faculty training, support, and certification resources. Supporting more than 3.1 million students annually in 110 countries, the program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping to make them college and career ready in the era of big data, cloud computing, the Internet of Things, and beyond.

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.


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<![CDATA[Bank Asia Turbo Boosts Core Banking with Oracle]]> Mon May 08 06:30:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/bank-asia-modernize-core-banking-with-oracle-database-12c-and-oracle-cloud-platform-20170508.html 4000808610974
Press Release

Bank Asia Turbo Boosts Core Banking with Oracle

Oracle’s Cloud-Ready Database and Platform Cloud Services Help Bank Transform Operations And Improve Customer Experience

Dhaka—May 8, 2017


Bank Asia, one of Bangladesh’s leading commercial banks, has selected Oracle to help modernize its core banking operations and gain more rapid operational insight, deliver improved customer experience, faster online banking and better support for future growth. The move is part of the bank’s commitment to using cutting-edge technology to provide customers with modern, real time, innovative banking products and services at an affordable charge.

“Bank Asia prides itself as being one of the most innovative banks in the country, noted for harnessing new technologies to bring customers high quality services at an affordable cost. Our selection of some of the latest developments from Oracle will help us to modernize and transform our business as we concentrate on becoming the most sought after bank in the country,” said Mohammad Abdul Qaium Khan, Executive Vice President, Bank Asia. “Already, we are expecting significant savings across a number of areas, including a 50 percent reduction in downtime and around provisioning databases for both production and new projects.”

Prior to the deployment of Oracle solutions, Bank Asia was facing increasing challenges integrating and consolidating systems across its Core Banking, Agent Banking and Anti Money Laundering systems, due to using aging technology. Its legacy architecture also impacted its ability to undertake rapid test and development; at odds with the bank’s goal of being able to use cutting-edge technology to offer online banking across delivery channels like ATM, Tele-banking, SMS and Net Banking. Disaster recovery of its multiple machines and databases, and the need to undertake manual discovery of errors were also complicated processes.

At the heart of the bank’s modernization is Oracle Database 12c Release 2 (12.2) - the latest release of the world’s most popular database, which was selected for its multitenant capabilities. The database’s ability to be configured to deliver precisely the appropriate level of isolation for a particular use, and enabling individual workload to not interfere with each other, will help the bank to consolidate at great scale. As well as enabling IT cost reduction through simplifying consolidation, provisioning and upgrades, the new platform supports the additional applications planned for the bank’s next phase of growth and gives the bank a future-proof, cloud-ready architecture.

Helping the bank increase efficiencies in its IT operations is Oracle Enterprise Manager 13c, which provides a significant reduction in the time and resources spent on database cloning, test database creation and maintenance of databases. Also being utilized Oracle Management Cloud's Log Analytics Cloud Service which exploits a highly scalable big data platform and machine learning to help users troubleshoot problems faster and obtain rapid operational insight to make better decisions. The IT team has been able to decrease the time invested on root-cause-analysis, empowering them to undertake higher value tasks.

“Oracle understands that its customers, especially in the banking industry, need to perpetually evolve and provide cutting-edge services to their customers in order to gain competitive advantage. Having a robust and effective infrastructure is a necessity for them,” said Praveen Thakur, Vice President, Technology Business Unit, Oracle ASEAN. “Oracle Management Cloud will also give the bank unprecedented insight into all of its log data so it can respond far quicker to system problems."

Bank Asia ICT Team along with ERA InfoTech Ltd., a Gold level partner of Oracle PartnerNetwork (OPN), implemented the solution in consultation with Oracle Customer Success Managers.


Contact Information
Noman Lakhani
Oracle
+92 21 35839224
noman.lakhani@oracle.com
Oracle Cloud

Oracle Cloud is the industry’s broadest and most integrated public cloud, offering a complete range of services across SaaS, PaaS, and IaaS. It supports new cloud environments, existing ones, and hybrid, and all types of workloads, developers, and data. The Oracle Cloud delivers nearly 1,000 SaaS applications and 50 enterprise-class PaaS and IaaS services to customers in more than 195 countries around the world, supporting 55 billion transactions each day.

For more information, please visit us at http://cloud.oracle.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.


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<![CDATA[NRSP Microfinance Bank Extends Services for the Unbanked Masses of Pakistan]]> Wed Apr 26 06:30:00 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/nrsp-microfinance-bank-selects-oracle-supercluster-m7-advanced-customer-support-20170426.html 4000786171616
Press Release

NRSP Microfinance Bank Extends Services for the Unbanked Masses of Pakistan

Oracle infrastructure selected to provide secure, rapid migration and drive down cost of delivering modern financial services

Karachi, Pakistan—Apr 26, 2017


NRSP Microfinance Bank Limited, which offers services to the masses in Pakistan who lack access to banking, has selected Oracle to support its rapid growth and help improve services offered to its customers at a lower operational cost.

NRSP Microfinance Bank Extends Services for the Unbanked Masses of Pakistan

(L to R) Asad Mushtaq (Head of IT, NRSP Microfinance Bank), Zahoor Hussain Khan (President, NRSP Microfinance Bank), Iqbal Ahmed (CEO, Synergy Computers) and Waqas Hashmi (Country Sales Director - Technology Business, Oracle Pakistan and Afghanistan) pictured at the project signing ceremony.

NRSP Microfinance Bank was setup in 2011, under the vision of the National Rural Support Program (NRSP), to help alleviate poverty and promote financial inclusion in the country. It offers a range of financial services including deposits, micro-credit loans and micro-insurance to poor individuals living in both urban and rural areas of Pakistan.

“We are one of the leading players in the microfinance sector in Pakistan and are committed to helping change the lives of the poor through financial inclusion. To continue our progress, expand our portfolio and make our operations more transparent, efficient, effective and reliable, we needed to accelerate the modernization and optimization of our information systems,” said Mr. Zahoor Hussain Khan, President, NRSP Bank. “Oracle’s clear roadmap gave us the confidence that our selection would provide us with a rapid migration strategy which aligns with our ambitious business plans while we provide the most secure and best quality modern financial services to our clients.”

To help NRSP Bank better meet the demands of its network of 100 outlets across Pakistan and grow, the bank needed a scalable, fast and efficient IT infrastructure. An additional requirement was the consolidation of its multiple disparate systems in different locations in order to reduce costs and shrink NRSP Bank’s data center footprint. This would help IT staff reduce the time and effort spent on administration and maintenance, and enables them to refocus on strategic initiatives rather than just operational tasks.

Oracle Advanced Customer Support will provide NRSP Bank with proactive mission-critical support services for their applications and database to help them modernize processes, minimize risk and cost, and rapidly gain business advantage. Synergy Computers (Pvt) Ltd, a Gold level member of Oracle Partner Network, along with Oracle Financial Solution Services will implement the solution.

Helping NRSP Bank meet these needs is the Oracle SuperCluster M7, an easy-to-deploy, secure and complete infrastructure for both databases and applications that is simple and cost-effective to manage and maintain. As NRSP Bank can start with smaller configurations to meet their current requirements and scale up as demand grows, the decision will also save significant licensing costs; a major factor behind the move. The Oracle SuperCluster’s cloud-ready nature and advanced security features also proved key factors in its selection. NRSP Bank will use the engineered system to support its Oracle FlexCube Universal Banking system and Oracle business intelligence, middleware and database applications.

“Most of the organizations providing financial services in Pakistan rely on Oracle,” said Waqas Hashmi, Sales Director – Technology Business, Oracle Pakistan. “By implementing Oracle SuperCluster M7, the world’s fastest engineered system, NRSP Bank will be able to meet its increasing business requirements and provide better and faster services to its customers.”


Contact Information
Noman Lakhani
Oracle
+92 21 35839224
noman.lakhani@oracle.com
Muhammad Aqil
The Passage
+92 21 34300791
+92 321 9247007
muhammad.aqil@thepassagepr.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.

About Oracle in Pakistan

Oracle has been operating in Pakistan since 1997. Oracle helps Pakistani businesses, government departments, non-government organizations and education institutions through its local partners, to adopt integrated information technology infrastructures to achieve higher work efficiencies. Oracle has more than 1100 customers in Pakistan, spanning top organizations in the public and private sector. Some of Pakistan’s top organizations run their businesses on Oracle based solutions.

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

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


Talk to a Press Contact

Noman Lakhani

  • +92 21 35839224

Muhammad Aqil

  • +92 21 34300791
    +92 321 9247007
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<![CDATA[Oracle Academy And Sri Lanka’s Vocational Training Authority Sign Agreement To Help Students Develop Successful IT Careers Through Computer Science Education]]> Wed Apr 19 14:54:31 UTC 2017 https://www.oracle.com/apac/corporate/pressrelease/oracle-academy-sign-agreement-vocational-training-authority-vta-sri-lanka-20170419.html 4000773694662
Press Release

Oracle Academy And Sri Lanka’s Vocational Training Authority Sign Agreement To Help Students Develop Successful IT Careers Through Computer Science Education

10,000 students and 150 Faculty Members across 35 Vocational Training Authority Centers to benefit from Oracle Academy’s educational programs

Colombo, Sri Lanka—Apr 19, 2017


Building on Oracle’s commitment to expanding its support of education globally, Oracle Academy and the Vocational Training Authority (VTA) of Sri Lanka, have signed an agreement to integrate Oracle Academy’s programs into 35 VTA’s Training Centers located island-wide supporting over 10,000 students on the pathway to future IT careers.

Over the next three years the agreement will also facilitate the training of 150 faculty members to help develop their skills in order for them to become instructors for Oracle Academy courses in Sri Lanka.  Once the initial group of faculty is trained, they will be permitted to use the Oracle Academy infrastructure to train their students.

Under this agreement, Oracle Academy will facilitate a 'train-the-trainer' course to ramp up VTA faculty members as instructors for five Oracle Academy courses including Database Foundations, Database Design and Programming with SQL, Programming with PL/SQL, Java Foundations, Java Fundamentals, and Java Programming. After completing their training with Oracle Academy, the faculty members will leverage the Oracle Academy infrastructure and materials to train other faculty members and students.

Established with the principal intention of providing skills to the rural masses of the country, in particular, to enhance the employability of rural youth, the VTA today is the largest technical, vocational Education and training (TVET) provider in the government sector. As a statutory body, VTA is governed by a Chairman and Board of Directors and caters to both the private and public sector. The VTA provides career guidance and counseling to school leavers and youth, conducting competency based assessments and issuing the recognized National Vocational Qualification (NVQ). VTA’s collaboration with Oracle Academy will also help meet the growing local demand for a highly-skilled technology workforce.

 “The core intention of the VTA is to make vocational training more accessible for our rural youth throughout the country,” said Major General (retd.) Gamini Hettiarachchi, Chairman VTA. “We are extremely pleased to work with Oracle Academy and provide our students with a world-class IT curriculum, boosting their confidence and equipping them with a competitive edge for successful careers.”

“Oracle Academy supports over 3.1 million students across the globe, offering them a comprehensive program to gain vital business and technology skills needed for success in today’s workforce,” said  Natasak Rodjanapiches, Managing Director, Oracle Thailand and Sri Lanka. “We are honored to collaborate with Vocational Training Authority (VTA) of Sri Lanka, and believe that we must equip and support teachers with the innovative curriculum, training, workshops and self-study courses, and other information and resources they need to facilitate student learning in and outside the classroom”.

“Oracle Academy understands and values educators and is committed to partnering with them to advance computer science as part of our collective educational mission through partnerships and direct support”, said Damian Haas Regional Director, Oracle Academy, Asia Pacific and Japan. “Partnering Sri Lanka’s VTA we can equip students with high quality course content and skilled teachers providing a strong foundation as they enter the workforce.”

Oracle Academy’s mission is to advance computer science (CS) education globally, and drive knowledge, innovation, skills development, and diversity in technology fields. Oracle Academy programs and curriculum offers access to world-class software, Java development environments, faculty training, curriculum, certification preparation, and more − all designed to help students increase the relevance of their academic programs and easily expand their course offerings.

Oracle Academy creates a CS education pathway from primary schools through higher education to cultivate critical thinking and core, in-demand skills including SQL and Java. Each year, Oracle Academy reaches more than 3.1 million students in 110 countries.


Contact Information
Noman Lakhani
Oracle PR
+92 300 2012780
Noman.lakhani@oracle.com
About the Vocational Training Authority, Sri Lanka

Operating under the Ministry of Youth Affairs and Skills Developments, the Vocational Training Authority of Sri Lanka (VTA) is an Authority established under the VTA Act No: 12 of 1995. The VTA consists of six (7) National Vocational Training Institutes, 22 Vocational Training Centers and over 100 Vocational training centers (IT alone). The VTA provides skills training for rural youth, implements skills development programs under various fields, provides vocational training for rural youth exposing them to information technology and training them for entrepreneurship development.

About Oracle Academy

As Oracle’s flagship philanthropic educational program, Oracle Academy advances computer science education globally to drive knowledge, innovation, skills development, and diversity in technology fields, offering a free and complete portfolio of software, curriculum, hosted technology, faculty training, support, and certification resources. Supporting more than 3.1 million students annually in 110 countries, the program works with public and private partners to provide the tools educators need to engage, inspire and prepare students to become innovators and leaders of the future. Through Oracle Academy, students receive hands-on experience with the latest technologies, helping to make them college and career ready in the era of big data, cloud computing, the Internet of Things, and beyond.

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.

Trademarks

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


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