System News
 1 2 3 4 5 6 7 8 9 10 11 next
Archived Oracle News Articles
17 Mar 2017
open to premium members only
Hurd: Oracle Poised To Overtake Salesforce.com In Cloud Revenue [61606]
By Rob Preston

Rob writes, "Securing its position as the 'fastest-growing cloud company at scale,' Oracle reported that its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues rose 73% in its fiscal third quarter, to $1.0 billion. Its total cloud revenues, including infrastructure as a service (IaaS), increased 62%, to $1.2 billion.

Oracle CEO Mark Hurd noted that the company's SaaS and PaaS revenues have grown more than three times faster than those of rival Salesforce.com during the last year. '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,' Hurd said..."
(Get More Information . .)

16 Mar 2017
open to premium members only
Theo & Philo Sweetens Business Operations with NetSuite Cloud ERP [61602]
Oracle, March 16th, 2017

Social Enterprise Expands Internationally and Aids Filipino Nonprofit with NetSuite

Oracle NetSuite Global Business Unit, one of the industry's leading providers of cloud financials/ERP and omnichannel commerce software suites and a wholly-owned subsidiary of Oracle, announced that Theo & Philo, a bean-to-bar maker of single-origin Philippine artisanal chocolate, replaced QuickBooks and numerous Excel spreadsheets with NetSuite to gain scalability and flexibility to power its growth.

Since going live on NetSuite in November 2015, Theo & Philo has been using NetSuite for accounting, inventory management, order management, invoicing and purchasing - all within one cloud ERP system. With NetSuite, Theo & Philo is able to better plan and manage sourcing, production and distribution and increase efficiency while saving both time and money compared to the error-prone manual work required by their previous software and paper-based processes.
(Get More Information . .)

16 Mar 2017
open to premium members only
Four Ways Cloud Is Paving The Way To More-Profitable Highway Construction [61607]
By Jeff Erickson

Jeff writes, "Road construction is a low-margin business with a seemingly low barrier to entry - get a paver and a dump truck, and go bid on jobs. In reality, its best practitioners, like Rogers Group based in Nashville, Tennessee, are learning to run their roadway projects with data-driven efficiency.

Rogers Group is a prime example of what the Harvard Business Review calls digital business becoming business as usual. Indeed, Rogers Group is not changing the way it builds its roads; the firm is simply using available cloud services to grease the wheels of information as it moves through the business...."
(Get More Information . .)

16 Mar 2017
open to premium members only
Four AI Decision Points: How Soon Should CFOs Jump In? [61608]
By Margaret Harrist

Margaret writes in Forbes, "What CFO wouldn't want to find a way to radically lower the cost of operations, boost productivity, increase insight across their company, and launch a range of new business opportunities?

That's the promise of AI - and in the very near future, failing to use AI will be tantamount to management malfeasance, said Malcolm Frank, chief strategy officer and CMO of Cognizant, an international consulting and professional services company, during a talk at SXSW Interactive this week..."
(Get More Information . .)

15 Mar 2017
open to premium members only
Hearst Selects Oracle Cloud to Fuel Transformation and Business Growth of Its More Than 360 Businesses [61603]
Oracle, March 15th, 2017

Diversified media leader to benefit from depth and breadth of Oracle's secure, scalable, and unified cloud solutions to support global growth

Oracle announced that Hearst, one of America's largest diversified media, information, and services companies with more than 360 businesses, has selected Oracle Cloud to provide its multitude of businesses with a common innovation platform to accelerate business growth and global expansion. With Oracle Cloud, Hearst will streamline, simplify, and standardize business processes across finance, procurement, and HR organizations and provide an intuitive, insightful, and engaging experience to its employees.
(Get More Information . .)

15 Mar 2017
open to premium members only
Q3 FY17 GAAP EPS UP 6% TO $0.53 and NON-GAAP EPS UP 7% TO $0.69 [61605]
Q3 FY17 SaaS and PaaS Cloud Revenues Up 73% on a GAAP Basis and Up 85% on a Non-GAAP Basis

Oracle Corporation 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.
(Get More Information . .)

 
 1 2 3 4 5 6 7 8 9 10 11 next