Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Oracle Corporation    ORCL


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Oracle : Cements Cloud ERP Category Leadership

share with twitter share with LinkedIn share with facebook
share via e-mail
09/17/2019 | 12:58pm EDT

Demonstrating its leadership and vision in the Cloud ERP market, Oracle today announced the latest updates to Oracle Enterprise Resource Planning (ERP) Cloud and Enterprise Performance Management (EPM) Cloud. The updates enable organizations of all sizes to enhance productivity, reduce costs and improve controls by introducing both product innovations and industry-focused solutions.

"Oracle continues to extend its lead in the Cloud ERP market with powerful new innovations to support the changing demands placed on finance and operations teams," said Rondy Ng, senior vice president, Oracle Applications Development. "Integrating intelligent assistants and machine learning capabilities into Oracle ERP Cloud enables customers to reduce the number of mundane-but important-tasks for their employees. This improves productivity and accuracy, enhances business insight and decision making and helps free up employees for strategic, creative and fulfilling work."

The latest product and machine learning updates to Oracle ERP Cloud enable organizations of all sizes to quickly and easily take advantage of innovations in artificial intelligence, digital assistants, natural language processing, and the Internet of Things.

- Digital Assistants: Reduces the effort required to submit and review time sheets, track the status of projects and escalate time entry and project management issues. Users can interact with the assistant via a conversational user interface for an improved user experience and heightened business efficiency.

- Intelligent Document Recognition: Improves the accurate and efficient ingestion of financial information from pdf and other popular financial document formats to reduce or eliminate manual invoice entry. Using self-learning capabilities, the system recognizes and processes supplier invoices and adapts to changes within invoice formats over time for superior accuracy, faster access, and a reduction in manual entry errors.

- Predictive Planning: This new capability in Oracle EPM Cloud helps customers identify and leverage trends and patterns in financial and operational data. Auto Predict improves the quality and timeliness of planning decisions by enabling customers to access predictions at data load time, see prediction and forecast variances, identify variance patterns and make plan revisions on the fly.

- IoT Monetization with Subscription Management: Allows customers to drive new revenue streams by feeding IoT data through usage meters to improve product insight and bring usage-based monetization models to market. Integrated with Oracle Cloud Applications, users can create flexible new upsell and cross-sell offers with consumption-based charging, while seamlessly managing billing and revenue.

- Lease Accounting with IFRS 16 Support: Improves insight into lease renewals and enhances business decision making via a single repository for all lease contracts, automated lease accounting and disclosure reporting in compliance with IFRS 16, ASC842 and GASB87 accounting standards.

To help customers improve business processes and achieve faster time to value, recent and upcoming updates to Oracle ERP Cloud also address several industry needs. These include:

- Vocado Student Financial Planning for Higher Education: Enables informed academic and financial decisions, reduces time-to-aid eligibility and first disbursement for students, and improves efficiency of financial aid processing to help higher-education organizations meet compliance requirements. Automated financial aid packaging that supports programs with real-time synchronization with Federal data sources reduces institution overhead and time to aid processing.

- Labor Distribution for Higher Education, Healthcare & Public Sector: Allows users to accurately distribute payroll costs, reduce errors via labor schedules, and satisfy audit and reporting requirements for improved cost transparency and analysis. This enables customers to improve budgeting processes, leading to informed resourcing decisions, and a better understanding of profit margin drivers.

- Joint Venture Accounting for Oil & Gas: Helps customers reduce partner disputes, improve cash flow and gain real-time visibility into the financial state of joint ventures by automating transaction processing and introducing role-based tools to manage exceptions. This enables customers to improve transparency and collaboration with joint venture partners.

Oracle ERP Cloud was named the sole Leader in Gartner's October 2018 Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises. In addition, Oracle (ERP Cloud) has been named a Leader for three consecutive years in Gartner's May 2019 "Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises". Oracle was also named a Leader for three consecutive years in Gartner's August 2019 "Magic Quadrant for Cloud Financial Planning and Analysis Solutions."

For additional information on Oracle ERP Cloud applications, visit Oracle Enterprise Resource Planning (ERP) Cloud's Facebook and Twitter or the Modern Finance Leader blog.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Contact Info

Bill Rundle




About Oracle

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.

About Oracle OpenWorld

Oracle OpenWorld, the industry's most important business and technology conference for more than 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. With thousands of sessions, demos and hands-on labs, plus exhibitions from more than 250 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Infrastructure. For registration, live keynotes, session details, news and more visit www.oracle.com/openworld or www.oracle.com/newsroom.

Future Product Disclaimer

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation.


Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.


(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

share with twitter share with LinkedIn share with facebook
share via e-mail
06:09pORACLE : Statement of Changes in Beneficial Ownership GARCIA-MOLINA HECTOR
02:18pNetworking Startup Pensando Raises $145 Million in Series C Funding
10/15NEW STUDY : 64% of People Trust a Robot More Than Their Manager
10/15ORACLE : Retailers and Customers Don't See Eye to Eye on Returns or In-Store Exp..
10/15ORACLE : Equips Case Workers and Citizens to Address Complex Societal Problems
10/15ORACLE : Top Universities Make the Grade with Oracle Cloud
10/15ORACLE : Michigan State University Amplifies Student Success through the Cloud
10/11Software Firm SAP Replaces CEO -- WSJ
10/10ORACLE : Announces Two New Gen 2 Cloud Regions in India
10/10ORACLE : Opens Retail Innovation and Technology Center in Portugal
More news
Financials (USD)
Sales 2020 40 089 M
EBIT 2020 17 666 M
Net income 2020 10 350 M
Debt 2020 26 406 M
Yield 2020 1,64%
P/E ratio 2020 18,1x
P/E ratio 2021 16,4x
EV / Sales2020 5,23x
EV / Sales2021 5,03x
Capitalization 183 B
Duration : Period :
Oracle Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORACLE CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 34
Average target price 56,43  $
Last Close Price 55,88  $
Spread / Highest target 21,7%
Spread / Average Target 0,98%
Spread / Lowest Target -37,4%
EPS Revisions
Safra Ada Catz Chief Executive Officer & Director
Lawrence Joseph Ellison Chairman & Chief Technology Officer
Mark E. Sunday Chief Information Officer & Senior Vice President
Hector Garcia-Molina Independent Director
Michael J. Boskin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SAP AG34.18%152 127
INTUIT36.73%71 130
SERVICENOW, INC.54.02%51 410
RINGCENTRAL, INC.114.34%14 661