Oracle news and trends

Tech Giants Intensify AI Investments to Strengthen Connected Economy
artificial intelligence // May 06, 2024

As businesses seek to strengthen the connected economy, they are harnessing artificial intelligence (AI) to bolster security measures and combat the ever-evolving landscape of sophisticated cyberthreats. Accenture and Oracle announced a joint investment in generative AI solutions aimed at helping organizations securely extract more value from their...

Accenture and Oracle Partner on Generative AI for Finance Teams
Partnerships // May 06, 2024

Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim to help chief financial officers reinvent financial planning and analysis, optimize operations and fuel growth, the companies said in a Monday (May...

Oracle Adds AI-Powered Vector Search to Converged Database
artificial intelligence // May 02, 2024

Oracle, a provider of integrated suites of applications and secure infrastructure in the Oracle Cloud, has introduced Oracle Database 23ai.  This latest release of Oracle’s converged database introduces more than 300 features aimed at simplifying the use of artificial intelligence (AI) with data, accelerating app development...

Oracle Introduces AI-Powered Anti-Money Laundering Service for Banks
AML // April 08, 2024

Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,” the company said in a Monday (April 8) press release. “Putting Compliance Agent in the hands of financial-crime compliance officers will...

Interviews & Exclusives
Pandemic Relief: When Speed Of Payment Alone Isn’t Enough

March 02, 2021
The pandemic has put a fine point — an exclamation point, really — on the need to make disbursements more efficient by digitizing them. Part of that efficiency can be seen in the form of speed, which can make all the difference to the person on the receiving end of that remittance. For them, speed […]

Chipotle Personalizes Loyalty Program, Digital Ordering Experience

November 20, 2020
Winter is around the corner, bringing colder temperatures and prompting many restaurants to question whether their operations can survive the season. Many quick-service restaurants (QSRs) have taken their dine-in services...

Oracle Looks Victorious As Clock Tick-Tocks Down On Deadline For A TikTok Sale

September 14, 2020
Oracle appeared to win the TikTok “sale or no sale” negotiations Sunday night, as several sources reported it had been chosen over Microsoft for U.S. control of the controversial social...

Oracle: Overcoming ERP-AP Integration Inertia

February 24, 2020
For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting...

Quick Reads
Report: Oracle Health Facing Challenges Modernizing Outdated Systems

May 09, 2024
Oracle has reportedly encountered obstacles in its ambitious plans for electronic medical records company Cerner, which it acquired for $28 billion in December 2021. The company has lost several major clients since the acquisition, its focus has shifted from innovative product ideas to upgrading legacy systems, and its engineers have been taken aback by the effort required to […]

Accenture and Oracle Partner on Generative AI for Finance Teams

May 06, 2024
Accenture and Oracle expanded their partnership to help clients accelerate their adoption of generative artificial intelligence in the finance organization. The new solutions offered through this collaboration aim to help chief financial officers reinvent financial...

Oracle Adds AI-Powered Vector Search to Converged Database

May 02, 2024
Oracle, a provider of integrated suites of applications and secure infrastructure in the Oracle Cloud, has introduced Oracle Database 23ai.  This latest release of Oracle’s converged database introduces more than 300...

Oracle Introduces AI-Powered Anti-Money Laundering Service for Banks

April 08, 2024
Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,” the company said in a...