Latest news with #OracleFusionCloudApplicationsSuite
Techday NZ
2 days ago
- Business
- Techday NZ
Oracle Red Bull Racing adopts cloud suite to boost F1 operations
Oracle Red Bull Racing has chosen the Oracle Fusion Cloud Applications Suite in an effort to strengthen its finance and HR processes and support compliance with Formula One's fixed annual cost cap. The Formula One team will utilise Oracle Fusion Applications—covering finance, HR, and customer experience functionalities—to move away from manual spreadsheet-based systems, aiming to raise overall efficiency, manage costs, and provide better insights across its operations. Operational transformation Oracle Red Bull Racing has long made use of Oracle Cloud and artificial intelligence technology to guide its on-track strategies and decision-making. The latest move extends this approach to the operational side of the business, seeking to replicate sporting success through streamlined back-office processes. The team's legacy financial planning had become increasingly complex and dependent on spreadsheets, limiting visibility into business performance data. By implementing Oracle Fusion Applications, Oracle Red Bull Racing expects to merge its finance, HR, and customer experience data onto one integrated cloud-based platform. "With a fixed annual cost cap that we can't exceed, we need to make every resource go further and manage our operations as efficiently as possible. With Oracle Fusion Applications, we can take advantage of the cloud and latest advancements in predictive, generative, and agentic AI to optimize financial planning activities, accelerate business insights, and derive more value and performance from our operating budget," Matt Cadieux, Chief Information Officer at Oracle Red Bull Racing, said. AI and cloud benefits Officials say that Oracle Fusion Applications will enable the team to leverage AI-powered services for higher efficiency, faster decisions, and adaptability in an environment where response speed is crucial. Among the new tools coming online is Oracle Fusion Cloud Enterprise Performance Management (EPM)—a component of Oracle Fusion Cloud ERP. This toolset is expected to help Oracle Red Bull Racing raise visibility over business activities, refine its budgeting and planning processes, and better allocate resources according to priorities. In addition, Oracle Fusion Cloud Human Capital Management (HCM) is being brought into the team's HR activity. According to the company, the HCM system will provide granular insights into workforce performance, simplify core HR operations and payroll, streamline talent recruitment activities, and ultimately enhance the overall employee experience at the racing organisation. On the customer side, Oracle Red Bull Racing continues to rely on Oracle Fusion Cloud Customer Experience (CX). The CX solution is intended to provide a more personalised approach to fan engagement, including tailored content, exclusive rewards for members, and programming for fan loyalty. These efforts are part of the team's wider digital and audience engagement strategy. Supporting compliance and success "Speed, innovation, and efficiency are essential for success in Formula One. With Oracle Fusion Cloud Applications, Oracle Red Bull Racing will be able to embrace continuous innovation and AI-powered automation to support its finance and operations and drive even greater success on and off the track," said Steve Miranda, Executive Vice President of Applications Development at Oracle. The implementation of Oracle Fusion Cloud Applications Suite at Oracle Red Bull Racing will be managed by Oracle Consulting, while ongoing operational support will come from Oracle Customer Success Services. The Formula One team has cited the need to better control costs and efficiently manage operational spending due to the sport's strict cost cap rules. The cloud-based approach is designed to provide a consolidated view of data and operations, simplifying compliance efforts and supporting the drive for both competitive and operational gains. Oracle Red Bull Racing anticipates that the migration to Oracle Fusion Applications will aid not only in complying with financial regulations but also in improving the employee and fan experiences throughout the racing calendar.
TECHx
2 days ago
- Automotive
- TECHx
Oracle Red Bull Racing Adopts Oracle Fusion Cloud Apps
Home » Top stories » Oracle Red Bull Racing Adopts Oracle Fusion Cloud Apps Oracle Red Bull Racing has announced its adoption of Oracle Fusion Cloud Applications Suite. The move is aimed at enhancing productivity, reducing costs, and improving both employee and fan experiences. The team will use Oracle Fusion Applications for finance, human resources, and customer experience. This integrated approach allows Oracle Red Bull Racing to manage operations more efficiently under Formula One's strict cost cap rules. The team reported that it previously relied on manual, spreadsheet-based financial planning. To address this challenge, it needed a single view of its business data. Oracle Fusion Applications now connects its finance, HR, and customer experience data on one platform. Matt Cadieux, Chief Information Officer at Oracle Red Bull Racing, stated that the team is leveraging cloud technologies and advancements in predictive, generative, and agentic AI. These tools are expected to optimize financial planning, deliver faster business insights, and improve resource utilization. Oracle Fusion Cloud Enterprise Performance Management (EPM), a component of Oracle Fusion Cloud ERP, will improve visibility, budgeting, and planning. Meanwhile, Oracle Fusion Cloud Human Capital Management (HCM) will simplify payroll and HR tasks, enhance recruitment, and generate deeper workforce insights. Additionally, the team continues to use Oracle Fusion Cloud Customer Experience (CX) to connect with fans. Features include content personalization, loyalty programs, and exclusive rewards. Steve Miranda, Executive Vice President of Applications Development at Oracle, revealed that the cloud suite will help the team drive efficiency and innovation on and off the track. Oracle Consulting will oversee the implementation Oracle Customer Success Services (CSS) will provide ongoing support Oracle Red Bull Racing emphasized the importance of speed, efficiency, and innovation to stay ahead in Formula One, both technically and operationally.
Yahoo
10-06-2025
- Business
- Yahoo
Vertex Joins Oracle's Enhanced PartnerNetwork Program
As a long-time Oracle partner, Vertex will continue to leverage Oracle technologies to drive customer success globally KING OF PRUSSIA, June 10, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) ('Vertex' or the 'Company'), a leading global provider of indirect tax solutions, today announced it has been selected to participate in Oracle's enhanced partner program at the highest level for Independent Software Vendors (ISVs). For more than 40 years, Oracle has been working closely with partners to help drive joint customer success and business momentum. By joining Oracle's newly enhanced partner program, Vertex reinforces its established Oracle-related expertise in delivering global tax automation solutions and services across industries such as retail, manufacturing, and technology. 'Participating in Oracle's enhanced partner program reinforces our commitment to delivering purpose-built global tax solutions that integrate with Oracle Fusion Cloud Applications Suite,' said Marc A. Duclos, Global Senior Director of Strategic Partnerships at Vertex. 'This collaboration enables us to better meet the evolving needs of businesses across industries through innovation, automation, and shared expertise.' Vertex offers certified integrations and specialized tax expertise; therefore, this enhanced collaboration with Oracle enables tax automation to be embedded within existing ERP workflows— helping address risk, improve accuracy and support global compliance. As Oracle and Vertex align more closely, organizations gain scalable, future-ready solutions designed to adapt to regulatory complexity and business growth. Vertex is Oracle-certified, Oracle-embedded and Oracle-aligned — and remains dedicated to supporting the modernization of ERP systems. As part of Oracle's Enhanced PartnerNetwork program, Vertex has opportunities to achieve Oracle Expertise, which can help validate its skills and capabilities around specific products, services, industries, and geographies. Oracle Expertise is achieved by meeting a series of qualifiers that underscore the potential impact to customer success. For more information about the Vertex and Oracle partnership, visit our partner page. About VertexVertex, Inc. is a leading global provider of indirect tax solutions. The Company's mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex empowers the world's leading brands to simplify the complexity of continuous compliance. For more information, visit or follow us on X and LinkedIn. COPYRIGHT © 2025 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE. About Oracle's Partner ProgramOracle's partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit TrademarkOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. Vertex Company Contact:Rachel Litcofsky Manager, Public Relations mediainquiries@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Nayya Now Available on Oracle Cloud Marketplace
NEW YORK, May 13, 2025 /PRNewswire/ -- Nayya, a leading provider of benefits experience platforms and an Oracle partner, today announced their AI-driven benefits guidance platform is available on Oracle Cloud Marketplace and can be integrated with Oracle Fusion Cloud Human Capital Management (HCM). Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners. Nayya's benefits guidance platform enables a streamlined, user-friendly experience that intelligently matches employees with personalized benefits recommendations. Powered by Nayya's employee data platform and proprietary AI, the solution provides highly tailored guidance based on each user's unique health and financial needs. Nayya is leveraging AI to drive smarter, more efficient solutions that empower employees to make informed benefits decisions and enhance their overall well-being. Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and services that offer unique solutions. "This is a pivotal moment for Nayya, as we partner with an industry leader like Oracle. Our availability on Oracle Cloud Marketplace strengthens our mission to integrate HR processes and connect people across enterprises," said George Michaels, Chief Revenue Officer, Nayya. "Nayya's participation in Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the value of our benefits guidance platform. We look forward to leveraging the power of Oracle Fusion Cloud Applications to help us achieve our business goals." Part of Oracle Fusion Cloud Applications Suite, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire across an organization with a native employee experience platform and embedded AI capabilities. By connecting all people, work, and skills data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. In addition, embedded AI acts as an advisor to help analyze workforce data, generate content, and augment or automate processes to help improve business operations. "Our collaboration with Nayya will empower employees with improved benefits recommendations and decision making, and personalized wellness," said Setu Shah, director, HCM product strategy, Oracle. "Together, Oracle and Nayya will help customers prioritize employee wellbeing, achieve higher utilization by maximizing their benefits package, and foster a more engaged workforce." For additional information about Nayya and this partnership, visit About Nayya: Founded in 2019, Nayya is on a mission to connect people's most important information, so they can thrive in their health and wealth. Powered by AI and advanced analytics, Nayya's platform transforms complex benefits experiences into intuitive, seamless, and ongoing interactions— meeting people's real world needs. As a trusted platform and partner to leading employers, benefits solutions, and HR tech providers, Nayya unlocks long-term value through helping employees live more resilient lives. Backed by strategic investors like ICONIQ, Felicis Ventures, SemperVirens, Workday Ventures, MetLife Nextgen Ventures, and ADP Ventures, Nayya is ushering in the future of health and wealth for all. Learn more at About Oracle's Partner ProgramOracle's partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit TrademarkOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. Contact:press@ View original content to download multimedia: SOURCE Nayya
Yahoo
27-03-2025
- Business
- Yahoo
Oracle Named a Leader in 2025 Gartner® Magic Quadrant™ for Source-to-Pay Suites
Embedded AI and analytics insights position Oracle Fusion Cloud Procurement as the standard for SaaS source-to-pay solutions AUSTIN, Texas, March 27, 2025 /PRNewswire/ -- Oracle has been named a Leader in the 2025 Gartner® Magic Quadrant™ for Source-to-Pay Suites for Oracle Fusion Cloud Procurement. Oracle was recognized based on its Ability to Execute and Completeness of Vision. A copy of the report is available here. "Fast changing market conditions and regulatory requirements are making it difficult for procurement teams to manage supply, control spend, and ensure compliance," said Tom Anthony, vice president, procurement and sustainability product strategy, Oracle. "Oracle Fusion Cloud Procurement provides a robust, feature-rich solution that enables organizations to improve operational efficiency, reduce costs, and mitigate risk by automating procure-to-pay, strategic sourcing, and supplier management processes. We believe our recognition as a Leader in this report reflects our strong product capabilities, commitment to innovation, and, most importantly, the success of our customers." Part of Oracle Fusion Cloud Applications Suite, Oracle Procurement helps organizations reduce risk, improve savings, and increase profitability by providing integrated source-to-settle capabilities with embedded AI that automate finance and supply chain processes, enable strategic sourcing, improve supplier management, and simplify buying. With Oracle Procurement organizations can: Increase agility with supplier qualification management: Dynamic supplier management and performance tools help procurement teams streamline supplier collaboration with a self-service portal to manage activities, and embedded AI to assist with onboarding, registration, and negotiations. These capabilities also help procurement teams optimize supplier performance and reduce risk by increasing visibility and enabling regular supply chain monitoring. Deliver greater value through strategic sourcing: Advanced analytics help procurement teams reduce costs and increase value by identifying opportunities to manage the supply base more effectively. In addition, embedded generative AI capabilities help procurement teams optimize sourcing productivity by providing supplier recommendations and summaries that enable negotiations to be initiated faster. Manage supplier contract lifecycle and compliance: Contract authoring tools help procurement teams accelerate contract creation with guided authoring, and pre-approved templates and legal clauses. With generative AI, procurement teams can extract key terms from contract documents and compare them with policies to help reduce risk and facilitate life-cycle management. Additionally, teams can draft, negotiate, and amend contracts with minimal legal involvement, and improve compliance with corporate policies and legal standards. Simplify purchasing and manage spend: Self-service capabilities help procurement teams simplify the purchasing experience with a consumer-like, guided experience and intuitive search that surfaces goods and services at pre-negotiated prices. These capabilities also help procurement teams improve spend compliance by directing purchases to approved suppliers, and leveraging embedded AI to assist with purchase order creation and invoice processing. Oracle Fusion Applications Suite enables organizations to take advantage of the cloud and the latest advancements in predictive, generative, and agentic AI to break down organizational silos, standardize processes, and manage finance, HR, supply chain, and customer experience data on a single integrated cloud platform. To learn more about Oracle Fusion Applications Suite, please visit: Gartner DisclaimerGartner, Inc., Magic Quadrant for Source-to-Pay Suites, Micky Keck, Kaitlynn Sommers, Balaji Abbabatulla, Cian Curtin, Lynne Phelan, Chaithanya Paradarami, Martin Shreffler, 24 March 2025. GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. 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, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle Sign in to access your portfolio
