ITV moves to Oracle Fusion Cloud Applications to drive Digital Transformation

Oracle today announced that ITV has selected Oracle Fusion Cloud Applications to support the digital transformation of its finance and HR processes. With Oracle Fusion Applications for finance and HR, ITV will be able to simplify and integrate critical business processes, create new ways of working and better support employees to build, evolve and respond to rapidly changing market demand.

ITV is a leading media and entertainment company, with a strategic focus on digital acceleration across the business. As an integrated producer broadcaster, ITV’s business consists of ITV Studios and Media & Entertainment (M&E). Through ITV Studios, ITV creates, owns and distributes high-quality content for broadcasters and platform owners globally. Through M&E, ITV distributes content across its channels and platforms, with an increasing focus on driving streaming viewing and revenues.

ITV is transforming its business operations to be digitally focused, enable real-time data-driven decision making and create new ways of working. To support this initiative, ITV selected Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM).

“Digital Transformation is at the heart of ITV’s strategy. As part of this we’re taking a ‘digital first’ perspective on our business operations, making sure we’re providing our teams with the digital tools and data insights they need to enable our wider strategic direction and priorities.” said Mark Smith, Chief Information Officer at ITV. “With Oracle Fusion Applications, we will have an integrated suite of applications that will enable us to respond swiftly in a dynamic, global marketplace.

Oracle Cloud ERP will enable ITV to automate financial processes and better connect data across its lines of business to increase to increase productivity, reduce costs and improve controls. In addition, Oracle Cloud HCM will help to optimise HR processes and improve the employee experience.

“The media and entertainment industry is among the most dynamic and disruptive in the world. Organisations like ITV need to remain agile and adaptable as they continue to evolve their offerings and tap into new audiences in a globalised market,” said Cormac Watters, EVP Applications EMEA, Oracle. “ITV has a culture of progressiveness and innovation that has turned it into a leading media and entertainment company in the UK and globally, and with Oracle Fusion Applications it now has an integrated platform to support its current and future needs.”

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