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May 21, 2024

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TOP NEWS


Get In-Depth Knowledge in Oracle Hands-On Labs and Workshops at Ascend

Bring your laptop and learn directly from the experts at Oracle in these how-to sessions at Ascend, June 17-20 in Las Vegas: Learn more

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ORACLE IN THE NEWS

Oracle Database 23ai Introduces Generative AI to Enterprise Data and Applications
Database Trends and Applications
Oracle is releasing Oracle Database 23ai, Oracle's converged database, as a broad range of cloud services — including Oracle AI Vector Search and more than 300 additional major features focused on simplifying the use of AI with data, accelerating app development and running mission-critical workloads. Read More

Elon Musk's xAI Nears $10B Deal to Rent Oracle's AI Servers, the Information Reports
Reuters
Elon Musk's artificial intelligence startup xAI has been talking to Oracle (ORCL.N), opens new tab executives about spending $10 billion to rent cloud servers from the company over a period of years, The Information reported on Tuesday, citing a person involved in the talks. Read More

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Oracle CEO Claims Its Main Mission Is to 'Advance Humanity'
Yahoo Tech
Oracle CEO Safra Catz announced the company's mission to "advance humanity" using its cloud technology. Speaking to Nikkei Asia, Catz highlighted Oracle's efforts in societal contributions, emphasizing cloud services' benefits. She also discussed the positive aspects of technology despite potential downsides. Read More

Oracle Q3 Earnings Beat Estimates, Revenues In Line
Zacks Equity Research via Yahoo News
Oracle Corporation ORCL delivered modest third-quarter fiscal 2018 results. Non-GAAP earnings of 83 cents per share comfortably beat the Zacks Consensus Estimate of 72 cents. However, revenues of $9.776 billion came almost in line with the Zacks Consensus Estimate figure of $9.771 billion. Read More

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OATUG NEWS

Meet Oracle at Ascend
Members of Oracle product development teams, the Oracle Applications Unlimited team and Oracle Support will be on hand during Ascend to share the latest news and updates with you in hands-on labs, workshops, and education sessions. Plus, we’ll host meet-and-greet sessions throughout the conference, and you’ll be able to connect with Oracle representatives in the Oracle Connections Hub in the Partner Pavilion.

Learn more

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5 Mistakes Managers make when hiring ERP Contract Resources
Promoted by ByrdGroup
#1: Mere mention of desired skills, like "Oracle GL experience," might flood you with candidates possessing the skill but lacking the ability to fulfill your actual project requirements. By articulating the project's objectives and desired outcomes, you enable your staffing or consulting partner to source candidates better aligned with your needs. Stay tuned for #2 coming in June. Learn More

Find Answers in the OATUG Blog
Looking for new ideas and answers? Check out the blog on OATUG.org. Recent posts include:
  • The Individual Contributor Vs. The Enterprise: Why the IC is Winning (for now)
  • Oracle Financials: Steering Through the Storm with Risk and Compliance
Learn More

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Why Oracle Users Should Move to the Cloud And Take Their Tax Engine with Them
Promoted by Vertex, Inc.
Today’s businesses are shifting to a digital-first, cloud-first business model. There is another shift towards tax automation due to ever-changing regulations and compliance requirements. To remain competitive and agile, many Oracle users are considering a digital transformation to the cloud to better manage their business. What are the benefits?  Learn More

Upcoming OATUG Events
Secure & Compliant ERP/HCM Cloud: Essentials
May 21, 2024, 1:00 p.m.(ET)

Maximizing SCM + WMS Mobility Across Oracle ERPs
May 28, 2024, 1:00 p.m.(ET)

How to Harness AI to Get More From Your Oracle Apps
May 29, 2024, 1:00 p.m.(ET)

Optimizing Tax & Finance Transformation
May 30, 2024, 1:00 p.m.(ET)

Database Panel and Ascend Preview
June 6, 2024, 1:00 p.m.(ET)

Ascend Oracle Users Conference, presented by OATUG and OHUG
June 17-20, 2024 | Las Vegas

View Event Calendar

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BUSINESS NEWS

Generative AI Emerges as Key Theme for Companies in 2024
MEED
Generative AI has emerged as a key theme during the last year, with more companies discussing the impacts of this technology. S&P 500 companies in their Q1 2024 earnings call transcripts had discussions around GenAI adoption, products/solutions on offer, strategic partnerships, investments and application areas, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. Read More

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Don't overlook the impact of AI on data management
VentureBeat
As we rapidly advance in technology, data management in organizations still lags. Despite evolving through various data management stages, significant progress remains elusive. Most companies still rely on manual, error-prone data entry, resulting in disconnected data across departments and questionable data quality, which hampers employees' ability to derive insights. Read More

State of It Jobs: Mixed Signals, Changes Ahead
CIO
IT is an ever-changing industry, a truism that 2023 underscored, thanks in large part to the meteoric rise of generative AI. The industry saw unprecedented growth in certain areas — such as AI and ML — alongside massive layoffs from tech vendors and cooling salaries for a wide range of IT roles. Read More

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OpenAI Enters Into Google Ecosystem With Drive Integration in ChatGPT
Business Standard
OpenAI has reportedly started rolling out support for Google Drive integration to its AI-powered chatbot, ChatGPT. According to a report by 9To5Google, multiple ChatGPT Enterprise users are reporting that the ChatGPT now allows connecting Google Drive to the chatbot. Read More

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Oracle Cloud Migration:
Promoted by Apps Associates

Are you thinking about migrating to the cloud but unsure where to start or how to fund it? There are 6 Steps for Accelerating the Core of Your Enterprise. With approximately nine in ten (86%) IT decision-makers saying that senior management has mandated a cloud adoption strategy, here are several key tenets to help guide you through the transformation process. Download this eBook to learn more.
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TECH NEWS

Oracle Code Assist to Enhance Developer Productivity and Code Quality
Dataquest
The market for AI-powered development tools is robust and growing, driven by the need for efficiency and code quality across industries. In the ever-evolving landscape of software development, artificial intelligence stands out as a transformative force, opening new avenues for efficiency and innovation. Read More

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Oracle Partners With India's Airtel in Boost for Cloud Business
Reuters via Yahoo Movies
Cloud service provider Oracle on Wednesday said it was partnering with Indian telecoms group Bharti Airtel's data centre unit in an expansion push that will widen the U.S. company's customer access in one of its fastest-growing markets. Read More

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What Happens When You Want to Leave the Cloud?
InformationWeek
More than 90% of companies now use more than one cloud service, yet there also are growing signs of companies wanting to leave cloud services. Read More

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3 Ways To Approach Digital Transformation
Promoted by Accelalpha
Discover three proven strategies to navigate the complexities of digital transformation. Download our eBook now and learn the best way for your company to migrate your Oracle applications to the cloud. Read More

LEADERSHIP AND GROWTH NEWS

Navigating Soft Skills in the Age of AI: The Key to Successful Hiring, Engagement and Retention
Fast Company
In the landscape of modern hiring practices, two critical trends are shaping the future of how organizations identify, engage, and retain talent: the undeniable importance of soft skills and the rising use of artificial intelligence in talent acquisition. Read More

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How Empathetic Leadership Can Transform the Workplace
Entreprenuer
Companies today face incredible challenges, and balancing factors like talent shortages, political debates, and increasing inflation coupled with the demand for better benefits is hard. Read More

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