<![CDATA[Oracle EMEA 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 Jul 26 08:56:00 UTC 2017 <![CDATA[Bloodhound Land Speed Record Project Inspires Global Uptake of STEM Subjects and Races Towards 1000mph with Oracle as New Cloud Partner]]> Wed Jul 26 08:56:00 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-cloud-partner-for-bloodhound-project-20170726.html 4000940819916
Press Release

Bloodhound Land Speed Record Project Inspires Global Uptake of STEM Subjects and Races Towards 1000mph with Oracle as New Cloud Partner

Data will be broadcast into classrooms worldwide to help teachers bring STEM subjects to life.
Real-time sensor data will help Bloodhound engineers continually optimise the supersonic car’s performance.

London, UK—Jul 26, 2017


The Bloodhound Project has teamed up with Oracle to smash the land speed record and inspire future generations of budding scientists and engineers.  

As Bloodhound’s new Cloud partner, Oracle will provide technology to help Bloodhound collect, analyse and broadcast data from more than 500 sensors installed on the Bloodhound SSC (Super Sonic Car) to classrooms around the world. This information gives students a detailed look at how technology is rocketing the world’s fastest land vehicle towards 1000mph.

This landmark engineering endeavour will help teachers inspire students about science, technology, engineering and maths (STEM) subjects. The Project has already become a leading STEM resource with over one hundred thousand students doing Bloodhound related activities in UK school’s every year.  Millions more are engaged worldwide and with the car set to begin track tests this year, that number is expected to soar. 

Bloodhound Project Director, Richard Noble, said: “The aviation and space races of the 1960s inspired a wave of young people to pursue careers in science and engineering, and our hope is that Bloodhound will do the same at a time where technical skills are in painfully short supply. We want students to feel they are right there with us as we chase 1000mph, and by working with Oracle we’ll be able to deliver on that promise.”

Oracle technology isn’t just helping Bloodhound to drive its education programme; it will also help the team’s engineers optimise the Bloodhound SSC for its ultimate record-breaking attempt. With a real-time view of how different components and technologies in the car are performing, the Bloodhound team will be able to quickly spot and address any technical issues as they build up towards the 1000mph run.

The first major outing for this technology will come in October, when the Bloodhound SSC is scheduled for its first 200mph test in Newquay, Cornwall.

John Abel, Oracle’s Bloodhound Project Lead, said: “The Bloodhound Project is about moving fast in more ways than one. The team’s engineers will need fast data and even faster insights to fine-tune what is a unique, prototype vehicle pushing the limits of computer design and material technology. Our solutions will provide the foundation for these insights over the next two years.  We look forward to seeing Bloodhound set a new benchmark for human ingenuity, discovery and speed as they drive STEM education around the world.” 

Oracle joins other team Partners including Castrol, Zhejiang Geely Holding Group, Nammo, MTN, Rolex, Rolls Royce and a host of Technical Partners and Suppliers.


Contact Information
Cathy Toft
Oracle Corporation
07825935966
cathy.toft@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.


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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/emea/corporate/pressrelease/oracle-expands-cloud-at-customer-with-paas-saas-services-20170719.html 4000935944333
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[Oracle to Recruit 1000 New Sales Representatives across EMEA in 2017]]> Tue Jul 18 07:00:48 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/change-happens-here-oracle-recruit-1000-cloud-sales-representatives-emea-20170718.html 4000930446209
Press Release

Oracle to Recruit 1000 New Sales Representatives across EMEA in 2017

‘Change Happens Here’ is the company’s largest recruitment drive this year

Geneva—Jul 18, 2017


Today Oracle announces 1000 new jobs in Europe, Middle East and Africa.  Under the ‘Change Happens Here’ banner the company is hunting for the next generation of ambitious, driven, digitally savvy Sales Representatives to support the growth of Oracle’s Cloud computing business. 

The move comes on the back of the company recently posting record financial results with total cloud revenue up 58%.  Oracle is now the fastest growing scaled cloud company and is predicting its cloud business will accelerate into hyper-growth in the current year.

Aimed at people from diverse backgrounds and profiles with between two to six years work experience, currently in Human Resources, Marketing, Recruitment, Finance, Supply Chain or Sales roles, Oracle will recruit candidates with a strong sense of personal drive and the ability to successfully sell some of the world’s most exciting cloud technologies.  

Candidates can apply immediately for a range of positions throughout EMEA, by visiting the ‘Change Happens Here’ page – oracle.com/experience. Oracle is looking for graduate level candidates who have a genuine interest in technology and the passion for the transformation cloud computing can bring to enterprises.

Tino Scholman, VP of Oracle Cloud in the EMEA region, commented: “Our cloud business is growing at incredible rates, so now is the right time to bring in a new generation of talent to our company. We are looking to hire relationship focused people who are self-motivated and smart, who thrive for business transformation for our customers and love delivering great results. Diversity is one of the cornerstones of the unique Oracle culture. We want to offer 1,000 talented individuals the opportunity to change their career for the better, to access the best possible training and development, as well as the chance to accelerate their career within the fastest growing Cloud company at the center of a generational shift to digital enablement.”

For more information about Oracle Cloud Application Sales Roles, please visit: oracle.com/experience


Contact Information
Paul de Lara
Oracle
+44 7471 020937
paul.de.lara@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 oracle.com.

Trademarks

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

Safe Harbor

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 


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<![CDATA[Finance and HR Leaders Shape Digital Disruption, New Research Finds ]]> Thu Jul 06 11:18:39 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-and-mit-technology-review-study-20170706.html 4000910651496
Press Release

Finance and HR Leaders Shape Digital Disruption, New Research Finds

New Oracle and MIT Technology Review study reveals the human drivers of cloud automation as the roles of finance, HR, and IT evolve to meet the needs of a more connected organization

Redwood Shores, Calif—Jul 6, 2017


To enable organizations to thrive in a competitive digital marketplace, Oracle and the MIT Technology Review today released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud’s New Power Partnership, outlines how a holistic view into finance and HR information, delivered via cloud technology, empowers organizations to better manage continuous change.  

Based on a global survey of 700 C-level executives and finance, HR, and IT managers, the study found that a shared finance and HR cloud system is a critical component of successful cloud transformation initiatives. Among the benefits of integrating enterprise resource planning (ERP) and human capital management (HCM) systems is easier tracking and forecasting of employee costs for budgeting purposes. Additionally, integrated HCM and ERP cloud systems improve collaboration between departments, with 37 percent of respondents noting that they use the cloud to improve the way data is shared.

The report also reveals the human factors behind a successful cloud implementation, with employees’ ability to adapt to change standing out as critical. Among organizations that have fully deployed the cloud, almost half (46 percent) say they have seen their ability to reshape or resize the organization improve significantly – as do 47 percent of C-level respondents.

The productivity benefits have also been significant. Nearly one-third of respondents (31 percent) say they spend less time doing manual work within their department as a result of moving to the cloud and that the automation of processes has freed up time to work toward larger strategic priorities.

“As finance and HR increasingly lead strategic organizational transformation, ROI comes not only with financial savings for the organization, but also from the new insights and visibility into the business HR and finance gain with the cloud. People are at the heart of any company’s success and this is why we are seeing finance and HR executives lead cloud transformation initiatives,” said Dee Houchen, Senior Director of ERP Solutions at Oracle. “In addition, improved collaboration between departments enables organizations to manage the changes ahead and sets the blueprint for the rest of the organization’s cloud shift.”

The survey also reveals there is a blurring of lines between functions and individual roles as the cloud increasingly ties back office systems together:

  • Increased Collaboration: 46 percent of finance and HR professionals say a full cloud deployment has led to significantly improved collaboration between departments, and nearly half expect a significant improvement in the next two years.
    • This extends to IT as well. 52 percent of C-level respondents said the relationship between IT, HR and finance is even better than expected following their cloud implementation
  • Cross-Corporate Intermingling: With the new roles of HR and finance professionals requiring them to work more closely with data and the cloud, 43 percent of businesses plan to bring IT people into these departments to help employees take advantage of new technologies.
  • New Skillsets: Desired skills respondents want to improve upon include:
    • Time management, with 40 percent saying this is currently an issue
    • Active learning
    • Problem solving, mathematical reasoning and analytical skills
    • The IT function also changes. Post-deployment, 56 percent of C-level respondents report that IT has significantly improved when it comes to producing innovations.

Andy Campbell, HCM Strategy Director at Oracle added: “As organizations navigate technological changes, it’s critical for the C-suite to empower its employees to evolve their individual business acumen. Many businesses understand this and it’s encouraging to see 42 percent planning to provide their teams with management skills training to help them break out of their traditional back-office roles. The learnings from the move of finance and HR to the cloud will ultimately spread across the organization as, together, they conceptualize the shape of the next disruption.”  


Contact Information
Paul de Lara
Corporate Communications Director EMEA
+44 7471 020937
paul.delara@oracle.com
About the Research

Oracle partnered with the MIT Technology Review to survey HR, Finance and IT professionals about the state of their cloud transformation and to gain insight into how moving to the cloud has improved collaboration among teams. In total, 700 HR, Finance, and IT professionals were polled across North America, EMEA and Asia.

About Oracle

The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at 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[Cloud infrastructure reality is outperforming perception finds Oracle study]]> Mon Jun 26 09:29:54 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/iaas-pulse-study-20170626.html 4000899011125
Press Release

Cloud infrastructure reality is outperforming perception finds Oracle study

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

London, UK—Jun 26, 2017


Businesses 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 (66%) of 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, 64% say IaaS has significantly cut on-going maintenance costs and 59% 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 respondents agree IaaS will have a role to play in their business within three years, with 44% saying they will run most – or all of their business IT infrastructure on IaaS. Only 10% of respondents believe IaaS will still have little or no role in their business in three years.

James Stanbridge, Vice President Iaas Product Management at Oracle said: “When it comes to cloud adoption there has always been a case of perception lagging behind reality. Cloud is still relatively new to a lot of businesses and some outdated perceptions persist. We are now seeing high levels of success and satisfaction from businesses that are saving money, cutting complexity and driving exciting innovation thanks to cloud infrastructure. Those resisting the move need to challenge the perceptions holding them back because the longer they wait, the further ahead their competitors will pull.”


Contact Information
Paul de Lara
Corporate Communications Director EMEA
+44 7471 020937
paul.delara@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 and territories while processing 55 billion transactions a day. 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[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/emea/corporate/pressrelease/fy17q4-earnings-release-20170621.html 4000887114223
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
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<![CDATA[Oracle Expands Presence in Africa with New Abuja Office]]> Tue May 09 09:46:20 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-open-abuja-office-nigeria-to-drive-cloud-20170509.html 4000815143636
Press Release

Oracle Expands Presence in Africa with New Abuja Office

Second office in Nigeria dedicated to driving digital transformation for Public Sector

Abuja, Nairobi—May 9, 2017


Reinforcing its commitment to Africa, Oracle today announced the opening of a new office in Abuja that will focus exclusively on driving cloud adoption across Nigeria’s Public Sector.

Key dignitaries including Barrister Abdur-Raheem Adebayo Shittu, Honorable Minister of Communications, Federal Republic of Nigeria; William Stuart Symington, the United States Ambassador to Nigeria; Alhaji Yahaya Bello, Executive Governor of Kogi State; Cherian Varghese, Vice President – Technology, Africa, Oracle and Adebayo Sanni, Country Managing Director – Nigeria, Oracle attended a launch event at the new office to mark the milestone.

“Opening the Abuja office underscores our commitment to Nigeria by enhancing our local capabilities and service offerings,” said Cherian Varghese. “Nigeria’s Public Sector is focused on delivering transparent, efficient and proactive services to its citizens. Our aim will be supporting the government implement its vision with a modern, secure, and cost-effective suite of cloud solutions built specifically for the public sector.”

The dedicated office located in Maitama, will create new employment opportunities for talented professionals. The office is equipped with modern communication tools to deliver an exceptional customer experience.

“ICT innovation is vital for improving the citizen experience, driving new investment opportunities, enhancing government revenue and identifying new growth avenues”, said Barrister Abdur-Raheem Adebayo Shittu. “By 2020, Nigeria will be one of the 20 largest economies of the world and we will be able to realize our full economic and social potential only if we become early adopters of modern technology. Oracle is at the forefront of delivering technologically advanced cloud solutions and we congratulate the company’s Africa leadership for expanding their footprint in Nigeria.”

Oracle has been present in Africa for more than two decades and the company has been instrumental in driving digital transformation for key  government departments including NSITF, Lagos State and Edo State.

Expanding presence across Africa to support a fast growing customer and partner base is a key priority for Oracle. With today’s launch in Abuja, Oracle now operates 13 dedicated offices across Africa. These include two each in Nigeria, Egypt and South Africa and single offices in  Algeria, Kenya, Ghana, Ivory Coast, Senegal, Morocco and Mauritius. 


Contact Information
Gaurav Bhatnagar
Director, Corporate Communications – Middle East & Africa Oracle
+971 55 100 1407
gaurav.b.bhatnagar@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.


]]>
<![CDATA[Q3 FY17 GAAP EPS Up 6% to $0.53 and NON-GAAP EPS Up 7% to $0.69]]> Wed Mar 15 09:42:55 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/fy17q3-earnings-release-20170315.html 4000718029973
Press Release

Q3 FY17 GAAP EPS Up 6% to $0.53 and NON-GAAP EPS Up 7% to $0.69

Q3 FY17 SaaS and PaaS Cloud Revenues Up 73% on a GAAP Basis and Up 85% on a Non-GAAP Basis

Redwood Shores, California—Mar 15, 2017


Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q3 results. Total Revenues were $9.2 billion, up 2% in U.S. dollars and up 3% in constant currency. Non-GAAP Total Revenues were $9.3 billion, up 3% in U.S. dollars and up 4% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $1.0 billion, up 73% in U.S. dollars and up 74% in constant currency. Non-GAAP SaaS and PaaS revenues were $1.1 billion, up 85% in U.S. dollars and up 86% in constant currency. Total Cloud Revenues, including infrastructure as a service (IaaS), were $1.2 billion, up 62% in U.S. dollars and up 63% in constant currency. Total Cloud and On-Premise Software Revenues were $7.4 billion, up 4% in U.S. dollars and up 5% in constant currency.

Operating Income was $3.0 billion and Operating Margin was 32%. Non-GAAP Operating Income was $3.9 billion, up 3% in U.S. dollars and up 4% in constant currency, and non-GAAP Operating Margin was 43%. Net Income was $2.2 billion while non-GAAP Net Income was $2.9 billion, up 6% in U.S. dollars and up 7% in constant currency. Earnings Per Share was $0.53, while non-GAAP Earnings Per Share was $0.69, up 7% in U.S. dollars. Without the impact of the U.S. dollar strengthening compared to foreign currencies, Oracle’s reported GAAP Earnings Per Share would have been 1 cent higher.

Short-term deferred revenues were $7.4 billion, up 7% in U.S. dollars and constant currency compared with a year ago. Operating cash flow on a trailing twelve-month basis was $13.5 billion.

“The hyper-growth we continue to experience in the cloud has rapidly driven both our SaaS and PaaS businesses to scale,” said Oracle CEO, Safra Catz. “On an annualized non-GAAP basis, our total cloud business has reached the $5 billion mark, and our SaaS and PaaS businesses grew at the astonishing rate of 85% in Q3. That growth and the resulting scale enabled our SaaS and PaaS businesses to increase non-GAAP gross margins to 65%. Our new, large, fast growing, high-margin cloud businesses are driving Oracle’s total revenue and earnings up and improving nearly every important non-GAAP business metric you care to inspect; total revenue is up, margins are up, operating income is up, net income is up, EPS is up. Take a look. Q3 was a very strong quarter.”

“Over the last year, we sold more new SaaS and PaaS than Salesforce.com, and we’re growing more than 3 times faster,” said Oracle CEO, Mark Hurd. “If these trends continue, where we are selling more SaaS and PaaS in absolute dollars AND growing dramatically faster, it’s just a matter of when we catch and pass Salesforce.com in total cloud revenue.”

“Both our SaaS and PaaS businesses are doing great, but I’m even more excited about our second generation IaaS business,” said Oracle Chairman and CTO, Larry Ellison. “Our new Gen2 IaaS is both faster and lower cost than Amazon Web Services. And now our biggest customers can run their largest and most demanding Oracle database workloads in the Oracle Cloud – something that is absolutely impossible to do in the Amazon Cloud.”

Oracle also announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share of outstanding common stock, reflecting a 27% increase over the current quarterly dividend of $0.15. Larry Ellison, Oracle’s Chairman of the Board, Chief Technology Officer and largest stockholder, did not participate in the deliberation or the vote on this matter. This increased dividend will be paid to stockholders of record as of the close of business on April 12, 2017, with a payment date of April 26, 2017.

Q3 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, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. In addition, Oracle’s Q3 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, Passcode: 83283985.


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 growth in SaaS, PaaS and total cloud revenue and expected future sales compared to competitors are all "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 software, hardware, services or Oracle Cloud offerings are compromised or if such offerings contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and financial exposure. (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, including the continued slow economic recovery in the U.S. and other parts of the world, can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (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 U.S. Securities and Exchange Commission (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 March 15, 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[Latest Release of Industry Leading Oracle Database Now Available in the Cloud, with Oracle Cloud at Customer, and On-Premises]]> Mon Mar 06 15:34:44 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-database-12c-release-2-available-in-cloud-20170306.html 4000724938720
Press Release

Latest Release of Industry Leading Oracle Database Now Available in the Cloud, with Oracle Cloud at Customer, and On-Premises

Leading-edge Database technology now available in all environments

Redwood Shores, California—Mar 6, 2017


Oracle today announced that the latest version of the world’s number one database, Oracle Database 12c Release 2 (12.2), is now available everywhere—in the cloud, with Oracle Cloud at Customer, and on-premises. Oracle Database 12.2 includes enhancements to the unique multitenant architecture and in-memory database technologies that provide customers with outstanding consolidation, performance, reliability, and security for all workloads including entry-level development and mission critical workloads. Additionally, the release includes more than 300 new features and enhancements across availability, performance, security, and developer productivity.

“Oracle has led the industry by providing the fastest and most reliable highly secure database for organizations of all sizes, and we continue to innovate and help customers transform to the cloud with minimum effort and risk,” said Andy Mendelsohn, executive vice president of database server technologies, Oracle. “With this announcement, Oracle is completing the rollout of Oracle Database 12.2, making it even easier for organizations to deploy Oracle Database 12c wherever they need it—in the cloud or on-premises.”

Oracle Database 12.2’s massive cloud scalability and real-time analytics offer customers greater agility, faster time to business insights, and real cost advantages. New innovations in Oracle Database 12.2 include:

  • Massive savings for consolidated and SaaS environments with up to 4,096 pluggable databases
  • Increased agility with online cloning and relocation of pluggable databases
  • Greatly accelerated in-memory database performance
  • Offload of real-time in-memory analytics to active standby databases
  • Native database sharding
  • Massive scaling with Oracle Real Application Clusters (RAC)
  • JSON document store enhancements

Multiple independent industry analyst reports recently recognized Oracle Database 12c technology leadership for common database workloads, including online transaction processing, hybrid transactional and analytical processing, data warehousing, internet of things (IoT), and in-memory database. Following are some of these reports:

Showcasing the impact of Oracle Database 12c for SaaS Clouds, Oracle Taleo Talent Management Cloud deployed Oracle Multitenant and achieved 25x more efficiency than using a virtual machine based architecture.

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 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 and supports 55 billion transactions each day.

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


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

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.

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

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 


Talk to a Press Contact

Nicole Maloney

  • +1.650.506.0806

Kristin Reeves

  • +1.415.856.5145
]]>
<![CDATA[Ponelopele Oracle Secondary School Celebrates 10 Years of Student Success]]> Mon Feb 13 10:14:01 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/ponelopele-oracle-secondary-school-10-year-anniversary-20170213.html 4000652622633
Press Release

Ponelopele Oracle Secondary School Celebrates 10 Years of Student Success

Minister for Basic Education hails school’s achievements and collaboration with Oracle

Johannesburg, South Africa—Feb 13, 2017


More than 1400 students matriculated
No-fee school achieved average pass rate of 88 percent
66 distinctions secured in 2016

The Ponelopele Oracle Secondary School today marked its 10 Year Anniversary with an impressive ceremony that was attended by key dignitaries including Mrs. Angie Motshekga, Honorable Minister for Basic Education, South Africa and Ms. Dorian Daley, Executive Vice President, General Counsel and Secretary, Oracle.

“The success of Ponelopele Oracle Secondary School is a great example of the effectiveness of a public private partnership to achieve our common goals. Today’s milestone is a testament to the commitment and relentless efforts of the school administration; the Oracle team and our students who have worked hard to make the most of this wonderful opportunity," said Mrs. Angie Motshekga, Minister of Basic Education.

“In the past fiscal year, Oracle provided nearly US $3.3 billion in resources globally to help prepare students for life and work in today’s modern technology-driven economy”, said Dorian Daley. “Ponelopele Oracle Secondary School is a remarkable reflection of this commitment to worldwide education, and we are delighted that our collaboration with the Department of Basic Education has helped make a difference in the lives of thousands of children and their families”.

Established in March 2006 under a public-private partnership between Oracle Corporation South Africa and the Gauteng Department of Education, Ponelopele Secondary is a no-fee school that now admits more than 1200 Grade 8 – 12 learners annually. Supported by more than 60 school staff, the Midrand-based school has consistently delivered exceptional results. In 2016, the school secured 66 distinctions with the top performer alone achieving 7 distinctions. Furthermore, since 2009 (the first batch of matric students), the school’s matric results have consistently been higher than the national average score.

Besides providing financial assistance for building the school facility, the Oracle team in South Africa continues to be involved with various programs in the school. These include career days for students; teacher development programs; bursary initiatives; teaching robotics with Lego technology; extra Mathematics, Science, and Accounting sessions, as well as various employee volunteer programs.


Contact Information
Gaurav Bhatnagar
Director, Corporate Communications – Middle East & Africa Oracle
+971 55 100 1407
gaurav.b.bhatnagar@oracle.com
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 and/or its affiliates. Other names may be trademarks of their respective owners.


]]>
<![CDATA[Oracle Enhances Capabilities in UAE to Support Cloud Growth]]> Mon Jan 23 15:40:48 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-digital-hub-uae-cloud-growth-20170123.html 4000616264971
Press Release

Oracle Enhances Capabilities in UAE to Support Cloud Growth

Oracle Digital Hub Launched in Dubai and Targeted to Employ 400

Expands Cloud Services Globally and Reinforces Commitment to Middle East With Abu Dhabi Data Centre Set to Go Live Mid 2017

Dubai, UAE—Jan 23, 2017


Reinforcing its commitment to the Middle East, Oracle today announced the opening of a state of the art Oracle Digital Hub and its first datacenter in the region, which is expected to go online in mid-2017.  This follows the regional expansion news made earlier this week where Oracle outlined plans to continue its extensive infrastructure investments and expands its cloud footprint in the US, UK and Turkey. 
Both capabilities are designed to advance rapid cloud growth and provide seamless support to Oracle customers and partners in the Middle East.

The Oracle Digital Hub, which is targeted to employ 400 cloud sales professionals, is located in Dubai’s Knowledge Village and equipped with future proof technology to deliver an exceptional customer experience.  It will also deliver an unparalleled employee experience and has been designed specifically to align with the modern buying journey using future proof technology to better support our customers in their digital transformation. Features include virtual meeting labs, interactive customer meeting rooms, modern collaboration spaces, and Oracle’s first social media hub in the region. The social media hub will enable digitally native Oracle team members to engage with customers using the most modern communication tools and channels.

“The opening of the Oracle Digital Hub underscores our commitment to continuously enhance our local capabilities and service offerings in the UAE,” said Giovanna Sangiorgi, vice president, Oracle Digital EMEA. “The hub was designed to support the remarkable demand for our complete cloud portfolio across the Middle East. We now have the ability to engage with our customers anytime, anywhere and on their terms.”

“The Oracle Digital Hub and the Abu Dhabi data centre are solid evidence of our commitment to the UAE and the wider Middle East region,” said Abdul Rahman Al Thehaiban, senior vice president, Middle East and Africa, Oracle. “Cloud adoption is on the rise, and with an unmatched portfolio of solutions and support infrastructure, Oracle is poised to lead the regions’ digital transformation movement.”

Oracle hosted a series of events in Dubai this week, including a Digital Economy Summit attended by more than 400 customers and partners. Todd Buchholz, former White House economic advisor and Harvard professor, delivered keynotes at the event. Key government and private sector leaders including Mir Dawar Ali, Head of IT, Acwa Power International; Manoj Nakra, Director Strategy, Apparel Group; Prateek Vahie, SVP  and Head of Customer Lifecycle Management and Digital Marketing, Emirates NBD and Trevor McFarlan, CEO, Emir discussed digital transformation in the UAE on a panel.


Contact Information
Gaurav Bhatnagar
Oracle Middle East & Africa
+971 55 100 1407
gaurav.b.bhatnagar@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.


]]>
<![CDATA[Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA]]> Tue Jan 17 23:47:32 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-expands-cloud-services-globally-new-regions-20170117.html 4000610142542
Press Release

Oracle Expands Cloud Services Globally with Three New Regions in North America and EMEA

Supports customer and partners with unprecedented levels of performance and availability for their most demanding cloud applications

Oracle CloudWorld, New York—Jan 17, 2017


Continuing its commitment to its cloud customers through extensive engineering and infrastructure investments, Oracle today announced plans to bring three new Regions online over the next six months. The regional expansion of Oracle’s cloud footprint will include Reston, Virginia; London, UK; and Turkey. The new Regions are expected to come online by mid-2017. With this expansion, Oracle will have doubled the regional presence of its cloud platform in the last 24 months, with 29 Regions available globally. Additional Regions are planned to come online in APAC, North America, and the Middle East through mid-2018.   

Organizations are turning to Oracle at record-rates to build, deploy, and extend game-changing applications and run business-critical workloads in a low-latency, highly available, reliable and secure cloud environment. Today, customers in 195 countries are running their most demanding applications on the Oracle Cloud Platform. 

“Oracle is committed to building the most differentiated Cloud Platform that delivers on the requirements of a wide array of customer workloads,” said Deepak Patil, vice president of development, Oracle Cloud Platform. “This regional expansion underscores our commitment to making the engineering and capital investments required to continue to be a global large scale cloud platform leader.”

Each of Oracle’s planned new cloud regions will consist of a minimum of three high bandwidth, low latency sites – or Availability Domains (ADs). These ADs are to be located several miles from each-other and operate in a completely fault-independent manner. This unique, differentiated approach provides the highest levels of failure protection and availability to Oracle customers’ most demanding cloud applications. Availability Domains are deeply integrated into the Oracle Cloud Platform, easing use and eliminating complex architectural decision-making around availability.

“We’ve been consistently impressed with the speed, availability and price of Oracle’s Bare Metal Cloud. This has, in turn, helped us grow our business across the world,” said Gareth Williams, CEO, YellowDog. “The new EMEA Regions will enable us to offer an improved service to our high-end customers in Europe who look to YellowDog to deliver not only super-fast, super-secure and high availability cloud rendering, but also super-low latency.”

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 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 and supports 55 billion transactions each day.

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


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

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

Trademarks

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

Safe Harbor

The 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. 


Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145
]]>
<![CDATA[Oracle Cloud Continues Exceptional Customer Momentum]]> Tue Jan 17 23:38:20 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-cloud-customer-success-20170117.html 4000610129486
Press Release

Oracle Cloud Continues Exceptional Customer Momentum

Customers of all sizes and from all industries drive innovation and accelerate success with Oracle Cloud

Oracle CloudWorld, New York—Jan 17, 2017


Oracle today announced that the Oracle Cloud continues to experience unparalleled growth, adding thousands of customers in Q2 FY17. Leading organizations across more than 195 countries and countless industries rely on Oracle Cloud to help reduce cost and complexity, while gaining a competitive advantage in their respective markets.  Oracle Cloud today manages more than 55 billion transactions each day for companies ranging from Fortune 500s to emerging challengers, including Brinks, Doosan, Falkonry, G&J Pepsi Bottling, GE, Pernod Ricard, RadioShack, Safe Ports, T-Mobile, Trek, University of Kansas, and Wake Forest Baptist Medical Center.

“Leading organizations are looking to Oracle for comprehensive cloud solutions that enable them to quickly integrate, customize, and extend as they continue migrating their business to the cloud,” said Thomas Kurian, president, product development, Oracle. “With the Oracle Cloud, customers are offered unrivaled choice and flexibility for their critical business workloads and applications.”

Oracle continues to see explosive customer adoption with more and more organizations moving their most demanding cloud applications to the Oracle Cloud. Organizations are turning to Oracle at record-rates to build, deploy and extend game-changing applications and run business-critical workloads in a low-latency, highly available, more reliable and secure cloud environment. Oracle is increasing its commitment to cloud customers through extensive infrastructure investments including the global expansion of its Regions to deliver Oracle Cloud services. Oracle Cloud is the industry’s broadest and most integrated public cloud, including SaaS, PaaS, and IaaS. In the past two years alone, Oracle has delivered more than 50 PaaS and IaaS services to market and introduced new deployment options like Oracle Cloud at Customer, providing unparalleled opportunity for customers.

Customers Drive Innovation and Business Transformation with Oracle Cloud

“As one of the largest family-owned and operated Pepsi franchise bottlers that employs more than 1,650 people at multiple locations across different production facilities, we needed a better way to drive efficiencies and engage with employees,” said Christina Walker, Executive Vice President, Human Resources, G&J Pepsi-Cola Bottlers, Inc. “Oracle HCM Cloud did just that—improving our HR management efficiency by boosting recruiting and onboarding effectiveness so we could identify top talent faster and more cost efficiently, leveraging social media to increase candidate pools from 20 to up to 300 people for a job, and delivering self-service capabilities for employees while also giving managers instant access to updated HR information needed to effectively manage their teams. All of this while being intuitive and eliminating the hassle of excess paperwork. Oracle has helped transform the role of human resources in the organization from recordkeeping to a true strategic business partner.”

“GE is transforming from an industrial business to the leading digital industrial and a top 10 software vendor. Cloud adoption is critical for this transformation as GE Digital markets its industrial internet cloud,” said Pradeep Juttu, director of Integration Architecture at GE Digital. “As we embarked on implementing, we needed a partner who would join us in this transformation as we looked to implement an ERP Cloud, and Oracle is that partner—Oracle SaaS and PaaS (Oracle ERP Cloud, Oracle CPQ Cloud, and Oracle Integration Cloud) have become vital to GE Digital’s business operations.”

“With a staff of less than 100 people, we rely on third-party vendors to manage many of our technology systems. When one of the vendors needed to be replaced, we standardized on Oracle as other vendors failed to meet our needs,” said Brian Vogelsmeier, Director of Information Technology, MCH Strategic Data. “We selected Oracle Cloud—Oracle Database Cloud Service, Oracle Compute Cloud Service and Oracle Storage Cloud Service—for our in-house application development and testing environment in order to provision new database environments fast, accelerate time to market from months to weeks, scale to meet business growth and increased workloads, and securely share data with clients.”

“By deploying our Oracle Retail Merchandising System on Oracle Cloud Infrastructure as a Service and Platform as a Service, we are able to reduce our physical server footprint and get faster access to new releases. The end result is better performance and lower costs,” said David Rawls, vice president of technology, RadioShack. “We also can extend compute power at the click of a button, which is especially important during the holiday surge. The bottom line is very powerful—Oracle Cloud delivers greater stability, security, flexibility, and simplicity.

“We use Oracle Cloud Infrastructure as a Service to quickly provision Oracle workloads, as well as install custom-built applications for non-Oracle workloads,” said Sergei Petrov, CTO, Safe Ports. “The communication and integration between the two is seamless because they run on the same environment and gives us a major advantage.”

“Our mission is to continue to be the world’s best bicycle company and for us, that goes well beyond the bike itself. Continuing to modernize our offerings to deliver the best customer experience is critical,” said Girish Washikar, Global ERP Technical Manager, Trek Bicycle Corporation. “Using Oracle SOA Cloud and Oracle Developer Cloud Services, as well as Oracle’s Infrastructure as a Service will enable us to support continuous growth in global markets by providing increased stability, efficiency and availability of our mission critical SOA infrastructure.  With Oracle Mobile Cloud Service, we are developing Mobile Apps which enable our dealers to provide better customer experiences by delivering information and services where and when they need them.”

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


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

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

Trademarks

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

Safe Harbor

The 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. 


Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145
]]>
<![CDATA[Oracle Cloud Platform Expands to Help More Organizations Build and Deploy High-Performance Applications]]> Tue Jan 17 23:22:33 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-cloud-platform-expands-20170117.html 4000610126724
Press Release

Oracle Cloud Platform Expands to Help More Organizations Build and Deploy High-Performance Applications

Organizations can now run enterprise-class Oracle Database workloads on an even broader array of IaaS options for outstanding performance and unparalleled flexibility

Oracle CloudWorld, New York—Jan 17, 2017


Continuing its rich history of delivering game-changing cloud services, Oracle today unveiled new enhancements to the Oracle Cloud Platform, making it even more compelling for customers to move business-critical applications to the cloud. The company announced two industry firsts: the availability of the Oracle Database Cloud Service on bare metal compute, and new virtual machine (VM) compute, load balancing, and storage capabilities, all on the same low latency, high performance modern IaaS platform. With these enhancements, Oracle Cloud Platform now delivers differentiated database performance at every scale, and deeply integrated IaaS capabilities, for customers of any size to easily develop, test, and deploy their business-critical applications in the cloud.

“These latest investments in the Oracle Cloud Platform provide a clear path to develop, test, and scale applications—with the Oracle Database or third-party databases. We offer customers the most comprehensive approach to moving to the cloud and accelerating their business strategies,” said Thomas Kurian, president, product development, Oracle. “Oracle provides the broadest and strongest choice of relational database cloud services that are 100 percent compatible with applications deployed on-premises, making it easy for customers to seamlessly move enterprise workloads to the cloud.”

The Oracle Database Cloud Service, both on virtualized and high performance bare metal compute servers is ideal for development, testing, and deployment of enterprise workloads. The recently announced Oracle Database Exadata Express Cloud Service offers customers a low cost, fully managed service ideal for developers, business analysts, and midsized organizations. The Oracle Database Exadata Cloud Service delivers unparalleled performance for mission-critical data warehousing and transactional database workloads. Additionally, Oracle’s industry leading infrastructure platform design and uniquely differentiated network allow Oracle customers running Oracle Database on this modern IaaS platform to achieve over 50 times performance compared to any of the leading cloud database providers.*

“mFrontiers provides enterprise mobility management as a cloud service for enterprise customers. We find the Oracle Cloud Platform to be easy to use and truly elastic for provisioning and scaling out to additional customers. We’re especially impressed by the ability to scale Oracle Database performance up or down on Oracle IaaS, without interruption, a key requirement to maximize efficiency and availability,” said Michael Ottoman, president and COO at mFrontiers.

Further enhancing the Oracle Cloud Platform, new IaaS services expand support for web-scale and enterprise applications. Oracle IaaS now offers one, two, and four-core virtual machine (VM) shapes, which run on the same low latency, high performance Virtual Cloud Network (VCN) as its bare metal compute shapes, block volumes, and object storage. This is an industry first. In addition, a new Load Balancing Service adds three provisioned bandwidth shapes—100Mbps, 400Mbps, and 8Gbps—supporting a range of application traffic, high availability, and security needs. Other enhancements include a new block storage shape (2TB) and encryption-at-rest for object storage.

“The Oracle Cloud Platform provides superior performance in terms of price, predictability, and throughput, with a low cost pay-as-you-go cloud model,” said Sam Mahalingam, chief technical officer, Altair. “We are delighted to partner with Oracle to provide High Performance Computing (HPC) solutions with Altair's PBS Works for the Oracle Cloud.”

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 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 and supports 55 billion transactions each day.

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

* For further detail on the performance comparison to AWS RDS db.m4.10x large using Provisioned IOPS storage, please see the following: http://docs.aws.amazon.com/AmazonRDS/latest/UserGuide/CHAP_Storage.html


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

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

Trademarks

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

Safe Harbor

The 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. 


Talk to a Press Contact

Nicole Maloney

  • +1.415.235.4033

Kristin Reeves

  • +1.415.856.5145
]]>
<![CDATA[Oracle Launches Oracle Code Events for Modern Cloud Development]]> Tue Jan 17 22:49:02 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-code-event-series-for-modern-cloud-development-20170117.html 4000610120067
Press Release

Oracle Launches Oracle Code Events for Modern Cloud Development

New event series helps developers learn how to build modern web, mobile, enterprise and Cloud-native applications

Oracle CloudWorld, New York—Jan 17, 2017


Oracle has a rich history of building platforms and developer-focused technologies that are loved and used by millions of developers around the globe. In continuation of its commitment to invest in the developer community—Oracle today announced that attendee registration and call for papers are now open for Oracle Code, a free event series that will bring developers together to learn about the latest technologies, best practices and industry trends. Starting March 1 in San Francisco, the Oracle Code event series will give attendees the insights they need to tackle development challenges in the Cloud through a combination of keynotes, technical sessions and hands-on labs delivered by industry luminaries, community members and Oracle experts. In total, there will be events in 20 cities across North America, Europe, Asia and South America in 2017.

As every industry and every business goes through the inevitable transformation around Cloud computing, developers continue to look to extend their expertise to Cloud migration, management and Cloud-native development. They are looking to quickly create applications with microservices, APIs, containers, machine learning, mobile backends and chatbots using modern DevOps processes. They need rich and robust platform capabilities including big data and analytics, integration, management and monitoring, mobility and Internet of Things (IoT). Developers want the ability to choose any programming language, database, operating system, virtualization technology and developer tool, including open source and third party options. They need the ability to deploy in the Cloud or on-premises with portability and interoperability.

Oracle Code helps developers continue learning about new and trending open source technologies such as Kafka/Spark, Docker/Kubernetes and diverse programming languages including Java, Javascript/Node.js, Python/PHP as well as databases such as Cassandra/MongoDB, MySQL and Oracle. Speakers at Oracle Code will provide technical, educational and pragmatic content, showcasing the latest developer technologies with hands-on labs, interactive experiences and demos as well as providing opportunities to network among developers of all backgrounds and levels.

The first Oracle Code event in San Francisco will feature a keynote from luminary JavaScript pioneer Douglas Crockford entitled “The Post JavaScript Apocalypse” and a keynote from Thomas Kurian, Oracle President of Product Development.

“Oracle is helping developers build applications with an open, modern and easy to use development Cloud platform,” said Thomas Kurian, Oracle President of Product Development. “With the Oracle Code event series, we are able to extend our commitment to the global developer community by providing an interactive forum for developers to learn about the latest technologies, connect with peers and share best practices.”

Oracle Code events are scheduled in the following cities with more coming soon:

  • March 1 – San Francisco
  • March 8 – Austin
  • March 21 – New York
  • March 27 – Washington D.C.
  • April 18 – Toronto
  • April 20 – London
  • April 24 – Frankfurt
  • April 28 – Prague
  • May 10 – New Delhi
  • May 18 – Tokyo
  • May 22 – Moscow
  • June 6 – Brussels
  • June 22 – Atlanta
  • June 27 – São Paulo
  • June 29 – Mexico City
  • July 14 – Beijing
  • July 18 – Sydney
  • Aug 30 – Seoul

More details and registration are available at: developer.oracle.com/code

Call for Papers is open at: https://go.oracle.com/oraclecode-call-for-papers

 

Contact Information
Alex Shapiro
Oracle
+1.415.608.5044
alex.shapiro@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.

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 and PwC Team Up to Offer Unparalleled IFRS 9 Compliance Expertise]]> Tue Jan 17 22:29:26 UTC 2017 https://www.oracle.com/emea/corporate/pressrelease/oracle-and-pwc-offer-ifrs-9-compliance-expertise-20170117.html 4000610115516
Press Release

Oracle and PwC Team Up to Offer Unparalleled IFRS 9 Compliance Expertise

This Collaboration Enables Banks to More Easily Navigate Adoption of New Reporting Standard

Redwood Shores, Calif.—Jan 17, 2017


Oracle Financial Services Analytical Applications and PwC announced today a global collaboration to offer premium technology, implementation and consulting solutions to help financial institutions meet near-term and ongoing compliance with the International Accounting Standards Board’s (IASB) new IFRS9 and FASB’s proposed CECL reporting standards.

The collaboration will pair Oracle’s software and analytical solutions, which provide pre-built rules, methods and reports, with PwC’s compliance consulting and implementation expertise. Together, the two companies will provide financial services clients with full line of sight into all needs related to the new IFRS 9 accounting standard that banks must comply with by 2018.

Oracle will provide analytical applications with pre-built models and rules that can be configured, during implementation, to specific customer requirements. PwC, a Diamond and Cloud Elite member of Oracle PartnerNetwork, will provide consulting advice on IFRS9 methodologies and implementation of the Oracle’s analytical applications to help its clients implement IFRS9 solution.

“IFRS 9 implementation poses a significant challenge for financial institutions, and failure to manage it well can have a material impact on their bottom line,” said Sonny Singh, senior vice president and general manager, Financial Services Global Business Unit, Oracle. “By partnering with PwC, we can provide our clients a comprehensive technological solution, as well as deep strategic insight, that’s unmatched in the marketplace.”

Among the key features of Oracle and PwC’s IFRS9 compliance offering are:

  • Pre-built rules analytical & models for addressing key IFRS 9 requirements including stage identification, cash flow calculation, PD term structure modelling & ECL calculation
  • Unified platform with a modular design that allows for easier extension of existing client technology, as well as the flexibility to integrate related regulatory and accounting applications
  • Ability to identify and implement rules for account-level stage allocation
  • Development, calibration and implementation of models for calculating expected loss provisions across all asset categories including POCI assets
  • Cutting-edge credit risk models for point-in-time PD adjustment, lifetime PD, LGD, EAD and macroeconomic factors, EIR/EIS and credit adjusted EIR
  • Tools to help ensure technology environments are more effective and efficient through industry benchmarking and standardization

“Financial institutions are already relying on PwC and Oracle to makes sense of IRFS 9 compliance,” said Colin Brereton, senior partner and IFRS9 global leader at PwC. “Now, our industry-specific business-process insight coupled with Oracle’s technology provides a best-in-class IFRS 9 solution. Together, we bring the right blend of experience and acumen to meet financial institutions’ unique compliance needs.”


Contact Information
Alex Moriconi
Oracle
+1-650-722-0678
alex.moriconi@Oracle.com
Christopher J Ward
PwC - Global
+44(0)7843367375
christopher.j.ward@pwc.com
Dario Cziráky
PwC - UK
+44(0)7702699200
dario.cziraky@pwc.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.

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

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 PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

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

Alex Moriconi

  • +1-650-722-0678

Christopher J Ward

  • +44(0)7843367375

Dario Cziráky

  • +44(0)7702699200
]]>
<![CDATA[Q2 SaaS and PaaS Cloud Revenues up 81% and up 89% in Non-GAAP Constant Currency]]> Thu Dec 15 20:22:55 UTC 2016 https://www.oracle.com/emea/corporate/pressrelease/fy17q2-earnings-release-20161215.html 4000576497824
Press Release

Q2 SaaS and PaaS Cloud Revenues up 81% and up 89% in Non-GAAP Constant Currency

Total Quarterly Cloud Revenue $1.1 Billion -- First Quarter Over One Billion Dollar Mark

Redwood Shores, California—Dec 15, 2016


Oracle Corporation (NYSE: ORCL) today announced fiscal 2017 Q2 results. Total Revenues were $9.0 billion, flat in U.S. dollars and up 1% in constant currency. Non-GAAP Total Revenues were $9.1 billion, up 1% in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $878 million, up 81% in U.S. dollars and up 83% in constant currency. Non-GAAP SaaS and PaaS revenues were $912 million, up 87% in U.S. dollars and up 89% in constant currency. Total Cloud Revenues, including infrastructure as a service (IaaS), were $1.1 billion, up 62% in U.S. dollars and up 64% in constant currency. Cloud plus On-Premise Software Revenues were $7.2 billion, up 2% in U.S. dollars and up 3% in constant currency.

Operating Income was $3.0 billion and Operating Margin was 34%. Non-GAAP Operating Income was $3.8 billion and non-GAAP Operating Margin was 42%. Net Income was $2.0 billion while non-GAAP Net Income was $2.6 billion. Earnings Per Share was $0.48, while non-GAAP Earnings Per Share was $0.61. Without the impact of the U.S. dollar strengthening compared to foreign currencies and an unforeseen Egyptian currency exchange loss, Oracle's reported GAAP and non-GAAP Earnings Per Share would have been 2 cents higher.

Short-term deferred revenues were $7.4 billion, up 6% in U.S. dollars and up 8% in constant currency compared with a year ago. Operating cash flow on a trailing twelve-month basis was $14.2 billion, up 9% from the prior year.

"For four consecutive quarters our Cloud SaaS & PaaS revenue growth rate has increased," said Oracle CEO, Safra Catz. "As we get bigger in the cloud, we grow faster in the cloud. Our non-GAAP constant currency SaaS and PaaS growth rate is now up to 89%. This growth rate acceleration has driven our quarterly cloud revenue over the $1 billion mark. When salesforce.com crossed the billion dollar milestone their SaaS and PaaS subscription growth rate had slowed down to 36%, even after you include all their acquisitions."

"Oracle has now passed salesforce.com and become number one in SaaS cloud applications sales to customers with over 1,000 employees according to the latest IDC report," said Oracle CEO, Mark Hurd. "In other words, this year we are selling more enterprise SaaS than any cloud services provider in the world. We expect to book over $2 billion in new annually recurring cloud business this year alone. And, with the acquisition of NetSuite, we plan on being the #1 cloud applications service provider for companies with less than 1,000 employees as well."

"Our Database as a Service cloud revenue was $100 million for the quarter, driving growth in our overall database business," said Larry Ellison, Oracle Chairman and CTO. "We expect our Database as a Service and IaaS businesses will grow even faster than our skyrocketing SaaS business. A lot of people were taken by surprise when IDC ranked Oracle #1 in Enterprise SaaS, surpassing salesforce.com and overcoming their fifteen year head-start. Stay tuned. More surprises coming. I think we're going to do even better with IaaS and the Oracle database in the cloud."

The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 5, 2017, with a payment date of January 26, 2017.

Q2 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 Q2 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, Passcode: 34339280.


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

Statements in this press release relating to Oracle's future plans, expectations, beliefs, intentions and prospects, including statements regarding our expectations of future revenue growth and bookings in our cloud business overall, and specifically our IaaS and Database as a Service businesses, and our expectations regarding the positive effects of the acquisition of NetSuite on our business are all "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 software, hardware, services or Oracle Cloud offerings are compromised or if such offerings contain significant coding, manufacturing or configuration errors, we may experience reputational harm, legal claims and financial exposure. (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, including the continued slow economic recovery in the U.S. and other parts of the world, can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price. (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 U.S. Securities and Exchange Commission (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 December 15, 2016. 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[Virtual Reality, Chatbots to Dominate Brand Interactions by 2020]]> Tue Dec 06 02:35:09 UTC 2016 https://www.oracle.com/emea/corporate/pressrelease/oracle-report-can-virtual-experiences-replace-reality-vr-chatbots-for-cx-20161206.html 4000556700652
Media Alert

Virtual Reality, Chatbots to Dominate Brand Interactions by 2020

More than three quarters of brands will deliver Customer Experience through VR and chatbots in the next four years, Oracle research finds

London—Dec 6, 2016


The relationship brands have with their customers is set to undergo a technological revolution causing the number of human-to-human interactions to fall significantly, according to new research released by Oracle today. 

The Oracle report Can Virtual Experiences Replace Reality? polled 800 senior marketing and sales professionals across EMEA and revealed how the use of emerging technologies is set to surge by 2020.  Seventy-eight percent of brands expect to provide customer experiences through virtual reality in the next four years, while eighty percent expect to serve customers through chatbots. 

However, despite this eagerness to embrace new technologies, many brands are still struggling to make use of the valuable customer and prospect data, with sixty percent not currently including social or CRM data in their customer analytics.

The changing customer dynamic

The dynamic between brands and customers is changing due to the rise of social, digital and mobile platforms which has led to a growing preference for self-service when it comes to brand interactions. 

The research found that 40 percent of senior sales and marketing executives agree customers do more independent research before contacting them to make a sales enquiry, and 35 percent noted their customers preferred to make purchases or resolve a service issue without speaking directly with a member of the sales or customer service team.

VR and Chatbots set to surge

In response, brands are looking to implement innovative technologies that allow their customers to continue interacting with brands on their own terms.  In terms of upcoming technology investments, the research found:

  • 78 percent of brands expect to be using VR for CX by 2020; 34 percent have already implemented the technology to some degree
  • 80 percent of brands will be using chatbots for customer interactions by 2020; 36 percent have already implemented them
  • 48 percent of brands have implemented automation technologies in sales, marketing and customer service, with another 40 percent planning to do so by 2020.

Data continues to pose a challenge

Despite the race to innovate, the reality is that many brands are still struggling to unify, organise and process the growing volumes of customer data they have coming into their business, making it difficult to truly understand and deliver a personalised experience for customers.

  • 60 percent of brands don’t currently include social or CRM data in their customer analytics
  • 41 percent agree smarter analysis of customer data will have the biggest impact on the experience they deliver to their customers
  • 42 percent already collect a great deal of data from multiple sources, but are unable to extract customer insights from it
    • While virtual reality may be seen as a passing craze by some, the commitment of some of the world’s biggest companies to develop VR products for consumers suggests otherwise.  Brands will always look to experiment with new technologies as they try to find ways of delivering innovative and memorable experiences for their customers,” said Daryn Mason, Senior Director, CX Applications at Oracle.
    • “Brands are at a crossroads. There’s an early-mover advantage to experimenting and launching innovative services while others wait and see, but they need to walk before they can run. The reality is that many brands are still unable to get a complete view of each individual customer so the immediate priority needs to be to organise and get value from the data they already have.  Customers will value a quick, helpful, personalised interaction regardless of how it’s delivered so there’s hope for us humans yet.”
     

Contact Information
Oracle EMEA press office
+44 (0) 844 875 1455
OracleEMEA@Cmgrp.com
Additional Information

Oracle partnered with Coleman Parkes to survey 800 CMOs, CSOs, senior marketers, and senior sales executives across France, the Netherlands, South Africa and the UK. Respondents were also evenly split between three industries: Manufacturing and High-Technology, Online Retail, and Telecommunications.

Learn more about how Oracle CX can help your business with the innovations needed meet changing customer expectations

About Oracle

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

Trademarks

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

Safe Harbor

The 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.


Talk to a Press Contact

Oracle EMEA press office

  • +44 (0) 844 875 1455
]]>
<![CDATA[Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union]]> Thu Dec 01 12:31:39 UTC 2016 https://www.oracle.com/emea/corporate/pressrelease/oracle-academy-digitaleurope-eu-launch-digital-skills-job-coalition-20161201.html 4000552213842
Press Release

Oracle Pledges $1.4 Billion to Support Computer Science Education in the European Union

Part of Oracle’s Greater $3.3 Billion Annual Investment to Accelerate Digital Literacy Worldwide

Redwood Shores, Calif—Dec 1, 2016


Today, the European Commission and DIGITALEUROPE launched the Digital Skills and Jobs Coalition, a multi-stakeholder partnership to bolster computer science (CS) and coding proficiency at all levels within Europe’s workforce pipeline. In conjunction, Oracle announced a three-year investment totaling $1.4 billion in direct and in-kind support of CS education throughout the European Union (EU) member states.

Nearly 1,000 EU educational institutions currently collaborate with Oracle Academy, Oracle’s flagship program in education philanthropy that brings computer science education to nearly 3.1 million students in 110 countries. As part of today’s pledge, Oracle Academy aims to train 1,000 additional EU educators in CS, Java and Database instruction, as well as reach students across an added 1,000 EU educational institutions over the next three years.

“Digitally skilled professionals are critical to Europe’s competitiveness and capacity for innovation,” said John Higgins, Director General, DIGITALEUROPE. “Over the last ten years, we’ve seen the demand for workers with computer science and coding skills grow by four percent each year. Oracle’s efforts to bring computer science into classrooms across the European Union will help strengthen our digital economy.”

“At Oracle, we are thrilled to inspire and engage students from all different parts of the world in computer science,” said Alison Derbenwick Miller, Oracle Academy Vice President. “Earlier this year, Oracle made significant commitments to the White House’s CS for All and Let Girls Learn initiatives. Today’s announcement continues our momentum to advance digital education and increase diversity in technology fields globally.”

Additionally, Oracle Academy will drive several programs during the next three years, including:

Today’s commitment is an extension of Oracle’s pledge in 2013, which trained and empowered 1,246 EU educators to teach computer science, as well as added 203 EU educational institutions to Oracle Academy.  

  • Invite National Coalitions in the EU member states to partner with Oracle Academy in delivering computer science education to teachers and students
  • Provide new higher education curriculum in emerging technologies
  • Level Oracle Academy’s entire curriculum to the European Qualifications Framework (EQF)

Contact Information
Julie Sugishita
Oracle Corporate Communications
1.650.506.0076
julie.sugishita@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 trainings, 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 offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com/uk.

Trademarks

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


]]>
<![CDATA[Media Alert: Fix the cracks and start collaborating, businesses told]]> Thu Nov 03 16:45:03 UTC 2016 https://www.oracle.com/emea/corporate/pressrelease/iaas-building-a-business-that-innovates-20161103.html 4000512991610
Media Alert

Media Alert: Fix the cracks and start collaborating, businesses told

62 percent of respondents said lines of business and IT must collaborate for the enterprise cloud model to succeed, according to a new study

London, UK —Nov 3, 2016


If businesses are to make best of cloud and remain relevant in the digital era, they must learn to collaborate more effectively. However, an Oracle research report, IaaS: building a business that innovates, found many organizations operate in a way that is counter to effective collaboration.

The research looked at how companies in EMEA are approaching cloud computing and the organizational issues impacting their ability to effect significant business change and innovation. It was clear there is a need for improved collaboration:

  • 62 percent of respondents said lines of business and IT teams must collaborate for the enterprise cloud model to succeed.
  • 34 percent said managing shadow IT (in which lines of business purchase technology unbeknownst to the IT department) is a significant barrier to adopting an integrated approach to the cloud.
  • 41 percent said a lack of understanding by business departments of the need for integrated cloud resources is one of the current IT infrastructure challenges around cloud deployment.

While it’s clearly essential for businesses to change the way they work if they are to successfully innovate in the cloud, the technology itself also needs to be addressed. Oracle found the greatest areas of inefficiency in the current platform model being used by companies are the integration of used services (50 percent), time to deployment (49 percent) and poor application integration (47 percent) – all of which are detrimental to effective and rapid innovation.

In addition to managing shadow IT (34 percent), discord between infrastructures (34 percent), increased security risk (34 percent), increased cost (32 percent) and proving return on investment (31 percent) were cited as barriers to adopting an integrated approach to cloud that would allow for better collaboration.

Pascal Giraud, Senior Director IaaS Foundation and Cloud Platform Oracle EMEA, said: “These issues can be blamed in part on infrastructure that has become too rigid, confused and complex. This has led to an unresponsive, disjointed organization where opportunity and innovation fall down the cracks between lines of business and badly integrated systems.”

“By moving to Infrastructure-as-a-Service (IaaS), businesses can smooth over the cracks and create a truly collaborative organization. It provides a common foundation for innovation and implementation, removing the limitations around resources and mitigating against silos.”

Understanding the complex balance between innovation and governance, Oracle has tuned its IaaS offerings to provide LOB developers access to fast-provisioning, high-performance resources, with the policy and cost controls that IT requires.

The Oracle Cloud Platform is designed with security, reliability, and auditability in mind, with capabilities like resource isolation and API logging. The elastic, pay-as-you-go service model enables IT departments to stop worrying about capacity, lower total cost of ownership, and shift their focus to the strategic work of supporting the business. Given the right access controls, IT can then deliver true just-in-time, self-service IaaS resources for a range of workloads.

Learn more about Oracle Cloud and how it can drive innovation forward in your business.


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