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Press Release

Skanska builds a business platform for success with Oracle Cloud Applications

Skanska Sweden and Finland moves core business systems to the cloud to enhance business insights, drive customer success, and grow revenues

London—September 29, 2020

To evolve its business processes in response to changing customer needs and industry dynamics,Skanska Sweden and Finland, has selected Oracle Cloud Applications. With a suite of SaaS applications for finance, human resources, and supply chain on a single integrated data platform, Skanska will be able to take advantage of the latest innovations in machine learning, digital assistants, and natural language processing to enhance business insights, drive customer success, and grow revenues.

In the Swedish and Finnish regions, Skanska needed an enterprise-scale cloud business platform that would enable it to react to market changes quicker and evolve its business to better meet customer needs. After reviewing several point solutions, Skanska decided to standardize on Oracle Cloud Applications with an integrated suite of best-of-breed finance, human resources and supply chain applications.

Mikael Stohm, IT COO of Skanska Sweden IT, said, “The construction industry demands meticulous planning and forecasting, with tight control of resources. To succeed in this environment, teams need access to data from across our organisation to make smart business decisions that drive customer success. Moving to Oracle Cloud Applications will streamline our operations, improve business visibility and agility, and ensure that we can continue to build better outcomes for customers and society.”

With Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Human Capital Management (HCM) Cloud, and Oracle Supply Chain Management (SCM) Cloud, Skanska will be able to break down organisational silos, standardise processes, and manage finance, workforce, and supply chain data on a single integrated cloud platform. Oracle Cloud Applications' common and intuitive interface enables rapid user adoption, delivers enhanced employee experience, and improves productivity.

Oracle Senior Vice President for ERPM Western Europe, Angela Mazza-Teufer, added, “Moving core business applications to the cloud will provide Skanska’s Swedish and Finnish operations with a coherent view of its complex global operations and help the company create a sustainable future for its people, customers and communities. With emerging technologies like AI, digital assistants, and blockchain embedded into common business processes, Oracle Cloud Applications enables organizations to significantly improve productivity, enhance business insights and outpace market changes.”

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

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