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Oracle | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Oracle is a cloud technology company that provides organizations worldwide with computing infrastructure and software to innovate...

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Oracle is a cloud technology company that provides organizations worldwide with computing infrastructure and software to innovate and improve efficiency. It offers a comprehensive suite of integrated cloud applications and infrastructure services, including the world's first autonomous database. Oracle's solutions support various industries and help businesses streamline operations, enhance data management, and drive growth.

Website
Headquarters
Austin, Texas
Size
10,001+ employees
Industry
IT Services and IT Consulting
Specialities
enterprise, software, applications, database, middleware, fusion, business intelligence, Primavera, PeopleSoft, EPM, BEA, Hyperion, Retek, Utilities, On-Demand, server & storage systems, BPM, solutions for communications industry, ERP, CRM, CRM On Demand, JDE, Siebel

🛍️ Oracle Product and Pricing News →

👔 Oracle CEO, Management and Leadership Team →

⚔️ Oracle Alternatives and Competitors →

💼 Oracle Hiring and Layoffs →

🤖 Oracle Developer, Integration and Automation News →

📈 Oracle Financials, Fundraising and Valuation News →

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🛍️ Oracle Product and Pricing News

  • Oracle has introduced new GenAI enhancements to its Service platform to improve service speed and accuracy, as shared by William Peters, Senior Director Project Delivery at Oracle.
  • Oracle has launched the Oracle Cloud Infrastructure Supercluster with NVIDIA H200 Tensor Core GPUs, offering 65,536 GPUs and 260 ExaFLOPS, which is over four times faster than the previous generation.
  • Oracle announced the launch of Oracle Identity Governance integration for Oracle Health EHR, formerly Cerner Millennium, on November 21, 2024.
  • Oracle and Red Hat have certified Red Hat OpenShift on Oracle Cloud Infrastructure to support IT modernization for large enterprises.
  • On November 20, 2024, Oracle launched Oracle Linux 9.5 with OpenJDK 17, .NET 9, and improved multi-cloud computing support.

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  • Oracle Database@Azure is now available in South America for the first time and generally available in nine Microsoft Azure regions, with plans to expand to 24 more regions by the end of 2025.
  • Fire & Vine Hospitality has adopted Oracle CrowdTwist to enhance its Revelers Club loyalty program by integrating customer data across Oracle Simphony POS systems and third-party software.
  • Oracle offers a fully managed OCI Data Migration Service for seamless self-service migration of Oracle Database instances to Autonomous Database.

👔 Oracle CEO, Management and Leadership Team

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⚔️ Oracle Alternatives and Competitors

  • Microsoft
    • |
  • Amazon Web Services (AWS)
    • |
  • Google Cloud Platform (GCP)
    • |
  • IBM
    • |
  • SAP
    • |
  • Salesforce
    • |
  • Workday
    • |
  • Accenture

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💼 Oracle Hiring and Layoffs

  • Carla Moraes, former Sales VP Financial Services at Oracle, announced her departure from the company on November 21, 2024, marking a significant career milestone.
  • Oracle is currently hiring a Consulting Solution Manager in the Philippines.
  • Oracle is currently hiring for the position of Product Manager/Strategy 4-ProdDev in India.
  • Oracle is currently seeking an Oracle Cloud SCM Solutions Director or Sr. Director - Product Development in the United States.
  • Philip McGivney has joined Oracle as a Director in the United States, previously holding a position as Director.

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  • Brian Kozumplik has joined Oracle as Director of Software Engineering in the United States, previously holding a position at another company.
  • Oracle is currently hiring for the position of Principal Outbound Product Manager - Oracle Databases in the United States.
  • Derek Gittoes, Vice President of Supply Chain Management Product Strategy at Oracle, emphasizes AI, automation, and resilience as key elements in Oracle's supply chain management vision.

🤖 Oracle Developer, Integration and Automation News

  • Oracle partners with Thomson Reuters to offer integrated e-invoicing solutions for streamlined tax compliance.
  • Oracle's stock has surged over 80% this year as the company, led by chairman Larry Ellison, capitalizes on the AI trend and forms partnerships with AI leader Nvidia.
  • Oracle has partnered with AWS, Google Cloud, and Microsoft Azure to enhance application migration and modernization through its multi-cloud strategy, offering Oracle Database on AWS and launching Team Cloud in New Zealand.
  • At Microsoft's Ignite 2024 event, Oracle and Microsoft expanded their partnership to enhance Oracle Database@Azure with new integrations for data governance, analytics, and security, now available in nine global regions.
  • Oracle has partnered with FIS to integrate its cloud infrastructure with FIS's BillerIQ platform, aiming to digitize utility billing and reduce paper use by 75%.

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  • The NU-MED Group, Consono, and the Estonian IT Centre are moving to Oracle's Sovereign Cloud to run their sensitive business workloads within the EU.
  • Oracle has partnered with Meharry Medical College to enhance healthcare education and community care in Middle Tennessee using AI and clinical applications.
  • Oracle Digital Experience Agency helped OUTRIGGER Hospitality Group achieve over 3.5x increase in open rates and over 10x increase in click-through rates with a personalized booking program.

📈 Oracle Financials, Fundraising and Valuation News

  • Oracle's shares increased by 11% this week, significantly boosting chairman Larry Ellison's net worth by $23.7 billion.

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