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Industry Summary Articles

Tuesday, May 09, 2017

Oracle Cloud Applications Drive Business Transformation Around the World

Organizations worldwide are increasingly adopting Oracle Cloud Applications to grow faster, differentiate from competitors, and better serve their customers. Oracle Cloud Applications is a complete and fully integrated suite of cloud applications for every function in the enterprise, and is the industry’s broadest, deepest, and fastest-growing suite of cloud applications. With Oracle Cloud Applications, organizations across all industries can deliver the experiences customers expect, attract and retain the talent to succeed, and achieve the performance the market demands.

The Oracle Cloud delivers nearly 1,000 SaaS applications to customers in more than 195 countries around the world. With NetSuite now part of Oracle, more than 25,000 organizations around the world now leverage Oracle Cloud Applications to transform critical business functions and embrace modern best practices. To accelerate this growth and help organizations of all sizes transform business processes, Oracle recently announced a series of NetSuite expansions and innovations. It is also introducing artificial intelligence-based enterprise applications. Oracle Adaptive Intelligent Apps blends first-party data with third-party data, and then applies Oracle's decision science and machine learning capabilities to create cloud applications that adapt and learn.

“In today’s business environment, there is no room for mistakes; organizations that do not adopt modern best practices across all critical business functions will struggle to survive,” said Steve Miranda, executive vice president of applications development, Oracle. “With Oracle Cloud Applications, Oracle provides a comprehensive and integrated suite of modern business applications that enable increased business agility and reduced costs. As a result, organizations across every industry are increasingly selecting Oracle Cloud Applications to transform the way they do business.”

Oracle NetSuite Global Business Unit

NetSuite provides a suite of cloud-based financials/ERP, HR, Professional Services Automation (PSA), and omnichannel commerce software that organizations in more than 100 countries use to run their businesses. Last week, during SuiteWorld 2017, its annual user conference, NetSuite issued a series of announcements to help organizations prepare for what’s next, including global expansion initiatives that will leverage Oracle’s scale and resources; SuitePeople, a new core HR solution natively built on NetSuite’s unified cloud suite; SuiteSuccess, the first industry cloud solution; major global ERP enhancements; and NetSuite OneWorld for Nordics-headquartered businesses. NetSuite also announced a wide array of innovative and fast-growing businesses that have selected the NetSuite platform. For a full roundup for the news from SuiteWorld 2017, click here.

Oracle Customer Experience Cloud (Oracle CX Cloud)

Oracle CX Cloud Suite empowers organizations to take a smarter approach to customer experience management and business transformation initiatives by providing a trusted business platform that connects data, experiences and outcomes. To help organizations further drive predictable and tangible business results, Oracle extended Oracle CX Cloud last week with the introduction of innovative new technologies, such as chatbots and artificial intelligence, as well as enhanced mobile, video, and social messaging capabilities. In last quarter (Q3 FY’17) alone, Oracle added 480 new Oracle CX Cloud customers and 586 customer expansions.

Oracle Human Capital Management Cloud (Oracle HCM Cloud)

Oracle HCM Cloud provides organizations with modern HR technologies that enable collaboration, optimize talent management, provide complete workforce insights, increase operational efficiency, and make it easy for everyone to connect on any device. In last quarter (Q3 FY’17) alone, Oracle added 206 new Oracle HCM Cloud customers and 217 customer expansions.

Oracle Enterprise Resource Planning Cloud (Oracle ERP Cloud)

Oracle ERP Cloud provides organizations with complete, modern and proven ERP capabilities across financials, procurement, and project portfolio management, as well as Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC), and Supply Chain Management (SCM), to help increase productivity, lower costs and improve controls. In last quarter (Q3 FY’17) alone, Oracle added 564 new Oracle ERP Cloud customers and 120 customer expansions.

To view the original press release, please click here.

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