martes, 8 de agosto de 2017

Oracle Empowers Organizations to Meet Accelerating Market Changes with Major Innovations to Supply Chain Management Cloud

Press Release

Six new applications and hundreds of new capabilities enhance the user experience and support demand-driven business models with modern, end-to-end supply chain best practices

Redwood Shores, Calif.—Aug 8, 2017

To help organizations meet rapidly changing business demands, Oracle today announced significant expansions to Oracle Supply Chain Management (SCM) Cloud. Part of Oracle Cloud Applications Release 13, the latest release of Oracle SCM Cloud delivers a comprehensive, next-generation supply chain platform that enables organizations to embrace outside-in demand driven processes and capabilities without the complexities and constraints of traditional supply chain architectures. The new release includes a number of innovative solutions including: supplier collaboration, quality management, maintenance, sales and operations planning, demand management, and supply planning, as well as expansions across all existing solutions.

To successfully manage accelerating technology, business and industry changes, organizations must rethink traditional supply chain systems to make them connected, agile and customer-oriented. The latest release of Oracle SCM Cloud empowers organizations to meet these changing market needs and customer service requirements by supporting demand-driven, aligned and digitally connected business models. As a result, organizations can improve customer service and customer-direct channels, while facilitating increased margins, reduced inventory costs and minimized supply disruptions.

“Business leaders recognize the undeniable benefits of digitizing core business functions like the supply chain, yet many still struggle to maintain outdated supply chain systems that are designed for the problems of the past—not the challenges of the future,” said Jon S. Chorley, chief sustainability officer and group vice president of supply chain management product strategy at Oracle. “Oracle SCM Cloud is built from the ground up for the cloud in order to support current and future business challenges. These enhancements go broader and deeper, demonstrating our commitment to supply chain excellence, which includes delivering the visibility, insights and capabilities organizations need to successfully balance supply and demand across increasingly complex global supply chains.”

With the latest release of Oracle SCM Cloud, Oracle is significantly expanding the industry’s broadest cloud-based supply chain management suite. This release includes the introduction of six new applications and hundreds of new capabilities that support demand-driven business models with modern end-to-end supply chain best practices, as well as user experience enhancements, including infolets. The six new products included in the latest release of Oracle SCM Cloud are:
·        Oracle Sales and Operations Planning (S&OP) Cloud: Executes strategy consistently with enterprise-wide alignment and visibility for growth and profitability, helping organizations achieve business goals by quickly evaluating and acting on plans. Organizations can benefit from aggregate planning with social collaboration and S&OP process management by aligning sales and operations to enhance decision making using embedded analytics.
·        Oracle Demand Management Cloud: Enables organizations to achieve business objectives by optimizing new product introductions, improving decision making and synchronizing cross-functional demand plans. Organizations can improve demand visibility, manage demand variability and accurately sense, predict and shape customer demand.
·        Oracle Supply Planning Cloud: Adapts quickly to fluctuating demand with the ability to plan for multiple manufacturing and fulfillment strategies in real time, including planning global supply chain activities, monitoring and prioritizing problem areas, and evaluating and executing the actions that will have the greatest impact. Enables greater agility with a comprehensive Genealogy and Installed base system that tracks as-built details and is leveraged by Maintenance Cloud and the new Service Contracts Cloud.
·        Oracle Supply Chain Collaboration Cloud: Supports increased business velocity by enabling organizations to plan, manage and collaborate with suppliers and contract manufacturers more efficiently. It enables organizations to benefit from integrated planning, orchestration, visibility and execution to better transact with trading partners, collaborate on order forecasts and manage exceptions, track production processes more effectively, and gain control over outsourced operations.
·        Oracle Quality Management Cloud: Delivers exceptional product quality to protect organizations’ brands with the combination of collection, analysis and action. Enables organizations to drive best practices from issue to resolution by providing a comprehensive and integrated solution for auditable, closed-loop quality management.
·        Oracle Maintenance Cloud: Enables improved return on capital and lower costs with the ability to better maintain enterprise assets. Helps organizations to achieve efficient and productive maintenance operations. Organizations can leverage complete integration of maintenance, supply chain and financial applications to transform asset maintenance from a complex and expensive process into one that can open up the ability to gain a competitive advantage.

In addition to these new products, existing Oracle SCM Cloud modules have been significantly enhanced. Highlights include:

·        Information-Driven Navigation: All user functions are now accessible through role-specific dashboards and landing pages composed of analytic infolets that highlight issues and direct users to relevant actions.
·        Inventory: Ability to source all requisitions from internal warehouses.
·        Manufacturing: Full support of outside processing.
·        Mobility: A new mobile application to collect and vote on product innovation ideas.
·        Order Management: Integration with Oracle Configure, Price and Quote (CPQ) Cloud and the ability to use the SCM Configurator within CPQ.
·        User Experience: Completely redesigned self-service procurement constructed around the familiar shopping cart experience.

Additional Information

For additional information on Oracle Supply Chain Management (SCM) Cloud, visit Facebook, Twitter or the Oracle SCM blog.

Contact Info

Joann Wardrip
Oracle
+1.650.607.1343

Oracle Announces Oracle Banking Liquidity Management and Oracle Banking Corporate Lending

Press Release

New solutions to enable digitization of corporate banking

Redwood Shores, Calif—Aug 8, 2017

Oracle today announced the launch of two new solutions: Oracle Banking Liquidity Management and Oracle Banking Corporate Lending. These offerings are designed to meet the needs of banks looking to provide real-time, multi-currency, cross border, multi-entity banking services while maintaining high fidelity insight and multi-jurisdictional compliance.

“The constraints of geographies, currencies, time-zones, cash and credit have lesser relevance in the world of digital corporates,” said Chet Kamat, senior vice president, Oracle Financial Services “With the shift towards digital it is critical that banks transform to cater to the emerging needs of their corporate customers. It is in this context that we have developed next generation liquidity and corporate credit solutions. We abstracted our experience of working across more than 140 countries, transforming the business of some of the largest corporate banks globally, to bring together functionalities that enable our customers to be leaders in the corporate banking space”

With the launch of Oracle Banking Corporate Lending, Oracle now offers banks a full spectrum of assets to enable a performance-driven corporate credit business. The solution supports the entire credit lifecycle from customer onboarding to credit management and loan processing. Banks can now structure profitable financing deals, lower credit risk and embed optimized credit support at every stage of the customer’s business.

Oracle Banking Liquidity Management helps banks adopt techniques such as multi-level sweeping and pooling, interest optimization and reallocations, across currencies, geographies and customer entities.

Oracle is committed to the global banking sector and with the addition of these innovative technologies to an already extensive cadre of offerings banks may rest assured that their customers will be even more efficient. Oracle’s new corporate banking offerings are another step toward financial excellence in a globalized economy while ensuring that banks remain a valued partner to their corporate customers.

Additional Information
Oracle’s solutions for corporate banking include Oracle Banking Liquidity Management, Oracle Banking Corporate Lending, Oracle FLEXCUBE, Oracle FLEXCUBE Enterprise Limits and Collateral Management, Oracle Revenue Management and Billing, Oracle Banking Digital Experience and Oracle Financial Services Analytical Applications.


Contact Information
Alex Moriconi
Oracle Corporation
+1-650-607-6598
Alex.Moriconi@oracle.com

Oracle Announces Oracle Banking Payments Offering

Press Release

New solution built on ISO standards enables end-to-end payments innovation for banks

Redwood Shores, Calif—Aug 8, 2017

Oracle today announced the worldwide release of its Oracle Banking Payments solution. The offering was built from the ground up leveraging ISO 20022 and is designed to help banks compartmentalize payments messaging, message transformation and payment processing while providing high fidelity insight. Using the Oracle Banking Payments API, banks can also innovate within the Internet of Payments, collaboration with 3rd parties or curate new business models in collaboration with Fintechs.

“As a core banking vendor we have been supporting payments for over two decades. We run payments for over 500 banks across 140 countries. In many instances our applications cater to a significant proportion of a country or a jurisdiction’s volumes, for example we enable over 20% of the inward and 22% of the outward real time settlements in India” said Chet Kamat, senior vice president, Oracle Financial Services. “With Oracle Banking Payments, financial institutions can improve straight through processing, support real-time and immediate payment settlement and reduce time-to-market while driving innovation.”

Digitization has brought banks to a payments arena tipping point where customers demand constant availability for real-time, frictionless payments. Grappling with increasing levels of operational complexities, banks have increasingly adopted siloed structures and multiple messaging standards leading to a disharmonized payment landscape. At the same time, new players are challenging incumbents by offering personalized products, exemplary efficiency and security. To remain competitive, financial institutions need to adopt a transformational approach that addresses the changing dynamics of the payments marketplace.

With Oracle Financial Services Analytical Applications (OFSAA), Oracle Banking Digital Experience, Oracle FLEXCUBE, Oracle Banking Platform and Oracle Financial Services Revenue management and Billing, today’s announcement of Oracle Banking Payments makes Oracle the most comprehensive solution provider for the payments industry.

Additional Information

Oracle Banking Payments supports global as well as local payment standards like SEPA, SWIFT 2017, Fedwire, US ACH and SWIFT GPI. Banks can easily extend the system themselves to comply with any local and international clearing and settlement messages.
 
Contact Information
Alex Moriconi
Oracle Corporation
 +1-650-607-6598

sábado, 5 de agosto de 2017

Oracle Hospitality Introduces New Data Science Cloud Services to Help Food & Beverage Operators Optimize Every Sale

Press Release


Expert Analysis and Machine Learning Enable Improved Menu Optimization and Greater Cost and Inventory Control

Redwood Shores, Calif.—Aug 1, 2017

Empowering food and beverage operators to convert data into profit, Oracle Hospitality today announced Data Science Cloud Services. With the new services, food and beverage operators gain the ability to analyze key information such as sales, guest, marketing and staff performance data at unprecedented speed – generating insights that lead directly to actionable measures that improve their top and bottom lines.

The suite includes two cloud-driven offerings – Oracle Hospitality Menu Recommendations Cloud Service and Oracle Hospitality Adaptive Forecasts Cloud Service ­­– currently available to operators worldwide, enabling them to improve up-sell and cross-sell opportunities, and optimize operations, respectively. 

The new Data Science Cloud Services bring Oracle’s renowned machine learning and data-analytics expertise specifically to the food and beverage industry. This, combined with years of hospitality industry knowledge, delivers quick wins for operators, while saving them the significant expense of having to hire their own analysts and invest in a data processing infrastructure. In addition to Oracle technology, Data Science delivers the support of a team of leading data scientists, database engineers and experienced hospitality consultants. 

“Margins are being squeezed in hospitality like never before,” said Mike Webster, Senior Vice President and General Manager, Oracle Hospitality. “Labor and food costs are increasing, and competition for the dining dollar is high. With our Data Science Cloud Services, we are giving our customers the ability to be as profitable as possible, by helping them pinpoint cost-savings in each location while optimizing every single sales opportunity to deliver revenue growth.”
Making Every Sale Count with Oracle Hospitality Menu Recommendations Cloud Service

Oracle Hospitality Menu Recommendations Cloud Service allows food and beverage operators with multiple locations to evaluate their menus and identify enhancements to maximize every sales opportunity. The Data Science service can seek the best possible up-sell or cross-sell options by location or time of day, with recommendations dynamically updating based on customer behavior. Assumptions around cross-sells and up-sells can be analyzed, leading to better understanding of guest behavior and preferences. 

Speed to value is accelerated, thanks to integration between the Data Science service and the Oracle Hospitality technology platform. Recommendations are available at point-of-service terminals and displayed as localized cross-sells or timed up-sells. Such simplicity enables staff to optimize sales and serve guests without delay or confusion.
Predicting Stock and Labor Needs with Oracle Hospitality Adaptive Forecasts Cloud Service

Oracle Hospitality Adaptive Forecasts lets operators better predict stock and labor needs at every location. The service creates a single forecast by item, location and day part, and factors in weather, events, time of day, day of the week and Net Promoter scores. Such forecasting maintains appropriate levels of inventory and staffing in all business scenarios, helping store managers minimize wasted inventory, lower labor costs and, most importantly, ensure an exceptional guest experience.

For Oracle Hospitality customers, these Advanced Science Cloud Services complement the self-service data access and reporting solutions that are already available, including the InMotion mobile app that provides real-time access to restaurant KPIs and the Reporting and Analytics 9.0 service that was launched in April 2017.
About Oracle Hospitality

Oracle Hospitality brings 35 years of experience in providing technology solutions to food and beverage operators. We provide hardware, software, and services that allow our customers to deliver exceptional guest experiences while maximizing profitability. Our solutions include integrated point-of-sale, loyalty, reporting and analytics, inventory and labor management, all delivered from the cloud to lower IT cost and maximize business agility.



For more information about Oracle Hospitality, please visit www.Oracle.com/Hospitality

Oracle Hot Topics: ORA-600 [KCBGTCR_13] ON ACTIVE DATAGUARD

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viernes, 4 de agosto de 2017

Oracle Hot Topics: OERR: ORA-1194 "file %s needs more recovery to be consistent" Reference Note

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jueves, 3 de agosto de 2017

#OTNLAD17 llega a Costa Rica, este 16 de Agosto en la @Ucenfotec


Qué te parece y te decides de una vez y nos vemos este 16 de agosto en la Universidad Cenfotec en la realización del #OTNLAD17 ?

Aprovecha esta oportunidad, para compartir con nuestros invitados especiales. Sólo falta que te dirijas a www.oraugcrc.org y procedas a realizar tu registro. Serán los mejores 20.000 colones invertidos de este año.

Según mysocialdatabase.com este es el TOP 10 de influenciadores en @Twitter a nivel LAD en el mundo @Oracle @OracleLatam


Novacomp, esta contratando los siguientes perfiles



Oracle Hot Topics: CLSRSC-188:rootupgrade.sh failed from 11.2.0.4 To 12.2.0.1 & More

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Oracle Delivers Next-Generation Cloud Applications

Press Release
Innovations across Oracle Cloud Applications extend industry’s broadest, deepest, and fastest growing suite of cloud applications

Redwood Shores, Calif.—Aug 2, 2017

To help organizations around the world grow faster, differentiate from competitors, and better serve their customers, Oracle today announced significant new capabilities and enhancements to Oracle Cloud Applications. With the introduction of Oracle Cloud Applications Release 13, Oracle is further extending the industry’s broadest, deepest, and fastest growing suite of cloud applications. Innovations in the new release enhance the user experience and empower business users across the organization including customer experience, finance, HR, and supply chain professionals.

“We are committed to helping organizations of all sizes transform critical business functions to drive their growth and stay competitive,” said Steve Miranda, executive vice president of applications development, Oracle. “With the latest release of Oracle Cloud Applications, we are introducing hundreds of new innovations. The latest updates include major enhancements to our supply chain management suite that will help customers create intelligent, connected, and customer-centric supply chains. In addition, we are introducing a brand new solution that enriches the customer experience by bridging the gap between sales and customer service. The new release also includes further advancements to the user experience and customer-driven changes for human resources and finance.”

Oracle Cloud Applications provide a complete and fully integrated suite of applications that allow organizations to increase business agility and reduce costs. The latest release includes new capabilities and enhancements across Oracle Supply Chain Management (SCM) Cloud, Oracle Customer Experience (CX) Cloud Suite, Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Human Capital Management (HCM) Cloud. In addition, Oracle has enhanced the user experience across Oracle Cloud Applications to help customers personalize their experience and further improve productivity, insight, and collaboration.
Oracle SCM Cloud

Oracle SCM Cloud delivers the end-to-end visibility, insights, and capabilities that organizations need to create intelligent supply chains. Oracle SCM Cloud Release 13 extends the most comprehensive SCM suite in the cloud with the introduction of more than 200 major features and six new products that cover Sales and Operation Planning, Demand Management, Supply Planning, Collaboration, Quality Management and Maintenance. The new innovations help organizations transform their operating models to meet rapidly changing business demands by evolving from traditional supply chain systems to connected, comprehensive, agile, and customer-oriented supply chain management capabilities.
Oracle CX Cloud Suite

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 customer data, experiences, and outcomes. Oracle CX Cloud Suite Release 13 introduces new innovations to Oracle Sales Cloud, which include enhanced mobile and data visualization capabilities, as well as a range of new capabilities that increase sales rep productivity. In addition, Oracle has extended Oracle CX Cloud Suite with the introduction of Oracle Engagement Cloud. The new solution combines sales and service capabilities to enable organizations to increase customer satisfaction, loyalty, and up-sell opportunities.
Oracle ERP Cloud

Oracle ERP Cloud is the industry’s leading and most complete, modern, and secure financial platform delivered seamlessly through the Oracle Cloud. Oracle ERP Cloud helps organizations drive innovation and business transformation by increasing business agility, lowering costs, and reducing IT complexity. Oracle ERP Cloud Release 13 builds upon the industry’s broadest and most integrated public cloud. Extended depth and breadth across Financials, Procurement, and Project Portfolio Management (PPM) help organizations accelerate the pace of innovation via deeper domain functionality including Dynamic Discounting and Multi-Funding. In addition, industry coverage for higher education, financial services, and manufacturing, as well as expanded country localizations for India and Brazil, enable organizations of all sizes, and from different industries and geographies, to quickly and easily take advantage of the new release.
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. Oracle HCM Cloud Release 13 extends Oracle’s commitment to customer success with 80 percent of enhancements being customer driven. Release 13 enhances Oracle’s complete, end-to-end solution for all HCM processes by introducing expanded user experience personalization and branding and additional Tier 1 localization support. It also includes improved capabilities to support the needs of customers with unionized workforces, such as retail and healthcare with flexible work models.
Contact Info

Simon Jones 
PR for Oracle
+1.415.856.5155

Industry Customers Modernize Business with Oracle Cloud

Press Release

Oracle Global Business Unit cloud solutions drive innovation and accelerate success

Redwood Shores, Calif.—Aug 2, 2017

Companies in growing numbers across industries are gaining new efficiencies while modernizing their businesses with Oracle Cloud. Retail, Hospitality, Financial Services, Health Sciences, Construction & Engineering, Utilities, and Communications customers are able to innovate faster, increase productivity, and lower costs with a growing array of Oracle Global Business Unit solutions. AT&T, gnTel, Cordoba Corporation, Lenox and Al Nadhi are just a few of the latest customers who are benefiting from these cloud solutions.

“The worldwide cloud services market continues to display strong growth, as companies across verticals increasingly seek industry cloud applications and cloud-based solutions. Technology providers who can help companies more seamlessly share data and integrate multiple facets of the business will be best positioned to succeed,” Eric Newmark, Program Vice President, SaaS and Industry Cloud, IDC.

While each industry faces unique challenges, there are underlying complexities that transcend them all—meeting increasing customer demands, speeding data intelligence to action and enhancing agility. With a focus on providing solutions that serve as the backbone of companies’ digital transformations, Oracle Global Business Units deliver a powerful business proposition: industry specialization at a global scale and in the cloud. 

“With digital technologies now woven through every facet of society, at the heart of today’s new business environment is an even more informed and empowered customer,” said Bob Weiler, Executive Vice President, Global Business Units at Oracle. “Businesses must quickly evolve and innovate to keep pace with ever changing and growing demands, making the cloud a necessity. No one is better positioned than Oracle to help our customers navigate this new reality.”
Customers Driving Success in the Cloud

“Our focus is providing customers enduring luxury products and trend-setting brands with a fresh, engaging shopping experience. Oracle Commerce Cloud keeps us current in a rapidly changing consumer environment across online and mobile channels with over 25 percent improvement in year-over-year mobile sales,” said Ravi Kurumety, CIO, Lenox Corporation. “Consumers are inspired and empowered by a more visual, intuitive shopping experience where they can easily discover new complementary items and designs to patterns they already own.”

“Oracle’s Primavera Unifier enables Cordoba to share information fluidly between the office and the field, improve document management, and drive efficiency across business processes—all of which are critical in managing complex construction projects. A best-in-class project lifecycle solution, Primavera Unifier delivers the reliability of the Oracle cloud and many other benefits of having Oracle as a partner,” said Stephanie Lightner, Program Scheduler for Cordoba Corporation.

“At gnTel, we recognize the fast pace of technology evolution in the telecom industry. We wanted to invest in a proven solution from a company that brings together expertise in cloud, virtualization, IT, and telecommunications,” said Onno Speekenbrink, gnTel. “Oracle’s solution will position us well for future growth.”
Oracle Leading Industry Innovation in the Cloud

Oracle Global Business Units continue to unveil new cloud-based advancements, empowering users to modernize their customer experience, remove operational silos, meet new regulatory requirements and make data more accessible. Recent cloud innovations include:

·        Health Sciences: Oracle Health Sciences Clinical One Platform, a new cloud-based eClinical solution, unifies clinical development operations and information in a single environment with shared functions that saves time for everyone involved in clinical trials.
·        Utilities: Oracle Utilities Work and Asset Cloud Service is an innovation foundation for asset performance management which enables utilities to increase asset reliability by finding asset failures faster and performing predictive maintenance with integrated APM and analytics. Recently announced, Oracle Utilities Operational Device Cloud Service (ODCS) also enables utilities to further automate the management of their smart grid assets and IoT devices, at a lower total cost of ownership.
·        Construction & Engineering: Oracle Prime, Oracle Construction and Engineering’s cloud-based project success platform, features several recent enhancements. With new innovations for field management, Lean scheduling and capital planning, Oracle Prime further improves decision-making and project delivery to drive better outcomes across the project life cycle. Mobile ready and with built-in analytics, Oracle Prime connects field and office to improve collaboration and provide real-time visibility into project cost, schedules, risk and performance data.
·        Communications: Empowering innovative businesses to launch competitive pricing models in the era of digital commerce, Oracle Monetization Cloud service accelerates time to market for digital and subscription-based products and services. The solution delivers the full life cycle of customer onboarding, offer creation, robust rating and discounting, billing, customized invoicing and reporting.
·        Retail: Oracle Retail Release 16 includes cloud solutions for merchandising, planning, supply chain and omnichannel operations designed to empower retailers of all sizes to maximize margins, encourage associate engagement with consumers and free IT departments to focus on innovation projects.
·        Hospitality: Hoteliers are using Oracle Hospitality OPERA Cloud property management to simplify IT across its network of properties and create a singular guest profile to help drive loyalty and an overall better guest experience. Food and beverage operators are using Oracle Hospitality Simphony Cloud to increase revenues and operational efficiency in restaurants, bars, and stadiums through faster adoption of new guest engagement channels and centralization of menus, promotions, and reporting.
Contact Info

Judi Palmer
Oracle
650-506-0266
judi.palmer@oracle.com

Seaman Paper Asia Streamlines Business Operations with NetSuite OneWorld

Press Release

Wrapping Paper Supplier Speeds Processes and Boosts Revenue 25 Percent Since Upgrading from MYOB

SAN MATEO, Calif. and HONG KONG—Aug 2, 2017

Oracle NetSuite Global Business Unit, one of the world’s leading providers of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites, today announced that Seaman Paper Asia (SPA), a leading B2B supplier of lightweight decorative tissue papers for retail packaging and consumer products, has realised significant business benefits since replacing MYOB accounting software with NetSuite OneWorld in 2013. Based in Hong Kong with two locations in China, and one in Vietnam, SPA relies on NetSuite OneWorld to manage its mission-critical financial processes, distribution, inventory and order management, and customer relationship management (CRM) as well as multi-currency transactions in U.S., Hong Kong, and Singapore dollars and the Euro. Since deploying NetSuite OneWorld, the company has reduced the time needed to manage key business processes by half, and has seen a double-digit increase in top-line revenue.

With its previous MYOB system, SPA struggled with limited reporting capabilities and inefficient double-entry of data. Additionally, the company could not easily scale and lacked the CRM and international capabilities it needed for growth. SPA selected NetSuite OneWorld to gain the scalability and flexibility it.

“Our goal is to be a truly global supplier, but we wouldn’t have been able to sustain our business on MYOB,” said Sam Jones, office manager at SPA. “NetSuite’s powerful customisations and access to information anywhere streamlines our processes and helps us grow.”

Since going live on NetSuite OneWorld, top-line revenue has increased 25 percent at SPA, which produces gift wrapping paper for consumers, as well as branded wrapping paper for footwear and apparel brands such as Prada, Victoria’s Secret and Louis Vuitton. SPA has eliminated the manual process of creating separate sales and purchase orders in MYOB, as NetSuite automatically generates a PO from a sales order, reducing time required by more than one-half. “All our processes have been streamlined, from sales orders to invoicing and fulfillment,” Jones said.

In addition, SPA has greatly improved visibility into key business metrics with customisable NetSuite dashboards and robust reporting and analytics that allow users to drill down from transactions into details. A single source of unified data makes it easy to track trends, identify challenges and opportunities, and continuously optimise the business.

“NetSuite gives us a very powerful reporting and analysis environment,” Jones said. “I’ve set up my dashboard in a way that I can see a cross section of sales performance data — it’s all very intuitive, easy and at my fingertips.”

“SPA is a great example of how organisations in Hong Kong and Southeast Asia can improve business performance with NetSuite”, said Herman Yong, Chief Solution Architect at One Pacific Services, a NetSuite Solution Provider in Hong Kong that implemented OneWorld at SPA.

“We’ve seen soaring demand in Hong Kong and Southeast Asia at large for cloud-based business management software that offers scale and agility not possible with outdated systems,” Herman said. “The results that SPA has seen reflect just how transformational moving to NetSuite is for companies in a range of industries.”

NetSuite OneWorld supports 190 currencies, 20 languages, automated tax calculation and reporting in more than 100 countries, and transactions in more than 200 countries.

Additional benefits that SPA has realised with NetSuite OneWorld include:
·        Multi-currency transactions. NetSuite OneWorld enables SPA to streamline transactions in U.S., Hong Kong and Singapore dollars and the Euro, while Seaman Paper Europe transacts in the Euro and U.S. dollar.
·        International tax compliance. Working with NetSuite Solution Provider Alta Via, the German subsidiary uses NetSuite OneWorld to improve its European Union and Germany tax compliance.
·        Anytime, anywhere cloud access. Ability to access business-critical information in NetSuite OneWorld from anywhere in the world has proven vital to help SPA staff keep their fingers on the pulse of the business while traveling or working remotely.
·        Inventory visibility. SPA has real-time insights into inventory availability at warehouses in Hong Kong, Germany and the U.K., helping it better fulfill orders and manage production volume.
·        CRM capabilities. NetSuite CRM gives SPA sales staff a unified record of all customer account, interaction and order history information to help drive sales and provide a superior customer experience.
About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP), HR and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit http://www.netsuite.com.

Follow Oracle NetSuite Global Business Unit’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

Oracle, SafeLogic and OpenSSL Partner on Next Generation FIPS Module

Press Release

Oracle dedicates seed funding towards developing FIPS module for OpenSSL 1.1 and calls on corporate sponsors in the FOSS ecosystem to join the effort

Redwood Shores, Calif.—Aug 3, 2017

Oracle, OpenSSL and SafeLogic today announced a seed investment in developing the next generation open source OpenSSL 1.1 FIPS 140-2 module, and called for others to join the effort. OpenSSL is the most widely used and respected cryptographic library protecting data transfers across computer networks. 

The Federal Information Processing Standard (FIPS) 140-2 is a joint U.S. and Canadian government security standard for testing cryptographic modules, the objective of which is to ensure the use of strong and validated cryptographic protection in U.S. and Canadian government systems. However, it’s also widely respected and informally accepted by other countries and non-government industries as a strong and trustworthy standard for cryptographic modules used within commercial products. The current FIPS module for OpenSSL has not had a significant upgrade since 2012, during which time encryption standards have significantly evolved. Helping drive the updated OpenSSL FIPS project forward, Oracle has made a $50,000 seed investment to start the project, with another $50,000 to follow based on the progress of the effort.

“Ensuring that OpenSSL maintains an up to date FIPS implementation is critical to helping maintain the security posture of sensitive data on government systems and the continuous safety of millions of transactions performed daily. We as a community have a responsibility to maintain the confidence of users in these systems,” said Jim Wright, Chief Architect, Open Source Policy, Strategy, Compliance and Alliances at Oracle. “Given the complexity of the task at hand, we encourage other software vendors to join us in and donate to this project to deliver a free, open-source FIPS module that will benefit everyone.”

In addition to working closely with the OpenSSL Foundation’s team, Oracle and SafeLogic have worked closely on both investments in and the project framework of this effort. SafeLogic has been actively working with OpenSSL on this project since July 2016.

“This is what we've been waiting for—getting this effort off to a good strong start—and with a few more partners from the community, we'll be on our way toward a complete FIPS 140-2 solution for OpenSSL releases 1.1 and later,” said Steve Marquess, President of OpenSSL Validation Services, Inc. “We're already hard at work on the initial stage of designing a new module to accommodate the many changes in FIPS 140 validations over the past five years, and looking forward to a modernized implementation that can support the community for years to come.” 

“Oracle has made a significant pledge, underscoring their crucial role in the future of open source FIPS 140-2 capabilities,” said SafeLogic CEO Ray Potter. “Other sponsors with a vested interest should get in touch with SafeLogic to arrange their own donations, as we are administering contributions to directly fund both the hard and soft costs of the OpenSSL 1.1 FIPS Module project.”

For more information about the project, how to contribute or the future roadmap, please contact OpenSSL@SafeLogic.com.
Contact Info

Scott Thornburg
Oracle
+1 (415) 816-8844

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