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REDWOOD SHORES, CA--(Marketwire - 02/15/11) - Oracle (NASDAQ:ORCL - information)information statistics
Oracle AIA release 3.1 -- Pre-built integration Highlights include:
Oracle application Integration structure
About Oracle Oracle (NASDAQ:ORCL - news) is the area's most complete, open, and built-in business software and hardware techniques company. For greater tips about Oracle, tickle consult with their net web page at http://www.oracle.com.Trademark Oracle and Java are registered trademarks of Oracle and/or its associates. other names may well live logos of their respective homeowners.
Oracle these days introduced Oracle application Integration structure (AIA) free up 2.5, probably the most wide Oracle AIA liberate up to now with 10 new cross-trade technique Integration Packs (PIPs) and six new trade-specific PIPs, together with a growing to live library of greater than 1,000 commercial enterprise services and a hundred commercial enterprise objects.
With an improved focus on conclusion-to-end trade options and pre-built integrations across virtually total fundamental Oracle and non-Oracle applications, dote SAP, Oracle AIA release 2.5 helps organizations reduce company system integration complexity and accelerate start of enterprise utility solutions with a confirmed and trustworthy SOA-primarily based framework.
Oracle AIA unencumber 2.5 further extends the breadth and depth of serve throughout industries. Having already delivered on Oracle AIA basis Packs business extensions for communications, utilities and coverage, this unlock will interject new PIPs for manufacturing (e.g. Variant management – Oracle’s Agile Product Lifecycle management (PLM) Integration to Oracle Product data Hub), utilities, retail and fitness sciences industries.
Oracle AIA release 2.5, with a total 30 PIPs and four basis Packs permits critical company tactics across discrete industries, and reinforces Oracle’s ongoing commitment to presenting clients with integration options that can furthermore live extended and more freight with ease managed and sustained over time. Oracle AIA provides an open, specifications-primarily based approach for corporations to combine end-to-end business methods across a huge latitude of customized, Oracle or third-celebration functions, while gaining efficiencies, increasing aggressive allotment and enabling lower complete can freight of possession.
“Oracle utility Integration unencumber 2.5 is probably the most huge free up yet and reinforces their unwavering dedication to reducing the cost of integration for their shoppers during the Oracle application Integration structure,” observed Oracle vice president of utility development and Product manner for AIA Jose Lazares. “as soon as once more, Oracle is innovating beyond expectations and presenting their valued clientele with the integrations required to ease business software deployments, retain time and reserve elements even additional.”
To read full press unencumber, click on prerogative here.
This BeyeNETWORK information merchandise contains advice from a concomitant press unencumber via the company outlined.
MISSION VIEJO, Calif., March 26, 2019 /PRNewswire-PRWeb/ -- assisting businesses leverage their Oracle investment to obtain strategic and operational goals,
Trevera, Inc. has announced an multiplied cost chain headquartered portfolio of Mid-market services for its purchasers. Trevera's capabilities aid and leverage many Oracle technologies and functions, including Oracle Databases, Cloud and NetSuite purposes, and linked expertise products / functions. For the fiscal year 2019, Trevera will continue to focusing on excessive velocity methodologies, reminiscent of its Compact Execution formula, in addition to underlying enterprise cloud architecture and capabilities.
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moreover leveraging methodologies that capitulate sooner and greater sturdy projects, "AI" and computing device researching developments additionally compel XaaS and Cloud functions to develop into greater effective, automatic, and legit, with less vulnerability due to human error. This skill that implementations, improvements, integrations, custom software, and other gear activities are quicker, greater legit, flexible, and capitulate more outcomes and value for much less investment. Trevera's methodologies already assist these developments, and Trevera's partnership with SpotMi technologies provides a personalization event unseen in the business."
Trevera is exceeding trade requisites, and leveraging a really inventive, bendy, and continually enhancing methodology – Trevera's Compact Execution components. this technique is expected to conform and adopt essentially the most successful aspects of mission management, methods integration, utility development, and cloud services methodologies. The multi-faceted evolution of the methodology is furthermore key, in training for the AI style this is already upon the business application industry.
Trevera will attend SuiteWorld 2019 as a NetSuite companion and veteran ecosystem member. blanketed within the convention actions are Trevera's focus of attention on its shoppers, companions, and capabilities which may live leveraged prerogative through the 2019 and 2020 fiscal years.
For more counsel, Trevera should live at SuiteWorld 2019, the plot the group is obtainable to talk about more about the coming working 12 months.
Trevera will attend Oracle SuiteWorld 2019 in Las Vegas, Nevada, April 1 - four, 2019, to participate in and encourage Oracle NetSuite software and technology features. To live trained more about Trevera's functions, or about Trevera's routine and actions at SuiteWorld, consult with http://www.trevera.com.
About Trevera options, Inc. Trevera gives functions for Oracle know-how, including structure, Cloud functions, Database & applications technology, and application development. Trevera offers Cloud features, Managed capabilities, Oracle options, and Oracle resource Augmentation for Oracle Databases and functions. Trevera offers long-time period partnerships and strategic cost built on integrity, government serve with the aid of business veterans, and market main reliability and value.
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Oracle’s newest BI release is massive, spans multiple product categories, and raises the bar for competitors in theatrical fashion. In my prior post I focused on its rollout and competitive posture. The market has waited a long time as the reconciliation of many pitiable parts was accomplished – most notably the convergence of the Hyperion Enterprise Performance Management (EPM) offering and Oracle business Intelligence Enterprise Edition (OBIEE). Hyperion integration with its Essbase acquisition was not complete. In 2007, OBI’s newest release (10.1.3) was most notable in many eyes for its new Microsoft Office support. PeopleSoft and Siebel had been acquired some two years before that, and Master Data Management was already a topic of discussion then (2005). There was a long way to go. And analysts? Well, mediate of us as the kids in the back: “Are they there yet?”
Oracle has used its time, and its $3B per year investment in R&D, well. OBIEE 11g delivers a sturdy groundwork for its customers to build upon, and for its own teams to continue fleshing out a very coherent vision of ready-to-consume, actionable analytics suitable for multiple roles, on multiple platforms, across the breadth of information available. Although there is much left to do, Oracle has laid out a pellucid path and articulated a differentiated message that offers ample reasons for anyone on other platforms to consider OBIEE, whether or not they are an Oracle customer. For this analyst, the mammoth wins are the Common Enterprise Information Model, The Action Framework, the sturdy manageability focus, unified and enhanced user interaction for report and other forms of design and delivery, and BI applications.
Oracle has buried OBIEE alongside with Enterprise Performance Management on its home page as of this writing, but needs to wreck it out. This is a core offering, a piece of infrastructure for its customers that stands with hardware, database, middleware and applications as a defining architectural component for the companies that adopt it. Oracle has combined a unifying view of content, an action framework that connects to applications for evidence-based actions, an analytical toolkit and a wealth of communication/presentation capabilities into a holistic, extensible suite that can horde other products aside if its sales teams and services partners testify customers just how much value it provides. For this analyst, it begins with the Common Enterprise Information Model (CEIM), a semantic middleware layer similar to SAP business Objects Universe or IBM Cognos Framework Manager, that links to and provides a model of data from a flush array of data sources, and leverages the growing capabilities of Oracle Data Integrator to bring them in. No, it’s not flawless – and Oracle noiseless sells a lot of Informatica to its customers. That will live just for some time, even after Oracle’s acquisition of GoldenGate ultimate year.
The key to this picture is the placement of the CEIM. In many ways, master data management is today often an afterthought to live retrospectively applied – and its associated with applications, “upstream” conceptually from BI. Oracle’s own Master Data Management Suite lives there organizationally. But as far back as 2008, Oracle was already discussing the relationship between MDM and BI in a white paper. It’s unbiased to bellow that there are noiseless steps to select to bring the two world views together at this point, but if you mediate of today’s MDM as being a bit farther upstream from the diagram here (click to expand the picture), you can notice how Oracle proposes to unite its own assets. That includes the relational OLAP (ROLAP) engine, multidimensional OLAP (MOLAP) cubes based on Essbase, and the predictive analytics models that will live created using a variety of offerings, some new. It’s the plot where quick-witted request generation using optimized data access services will live built, where in-memory caching, workload management and calculations will reside. BI Server (built on the Siebel nQuire product, whose pretension to fame was its integration across data sources), will provide data from elsewhere, and getting trait and integration prerogative there is essential, and MDM will collect that done. My take: why not store total the resulting information in one place? This unification is critical. The CEIM could delete the differences among these methods for the user, while permitting IT to pick the best architecture for the stint at hand. The foundation layer it informs is amenable for security, user management and personalization as well. And as Oracle attempts to accelerate its release cycle, these commonalities will facilitate things enormously. I hope to notice a unification of these two down the line, but for now, the CEIM is noiseless enormously powerful as the foundation for total BI activities.
The power of the foundation thus built, VP of Product Management Paul Rodwick said at their analyst briefing, is that users may attach serially to data sources, not requiring a Data Warehouse to live prebuilt. “Not total data is in there and some never will be,” he said – and I agree. Oracle believes BI Server’s aboriginal SQL or MDX and processing pushdown capability are competitive advantages; I hold not dug in to finish direct comparisons with competitors yet. The semantic model’s plot implicitly provides governance that lets companies more confidently allow users to create their own reports; for me, this is an sharp contrast with Microsoft’s positioning, which makes such control an afterthought associated with SharePoint, and with IBM’s, which has not bound this issue in to its product story, although it has excellent governance services and expertise internally. Oracle’s ongoing investment in”guided analytics” figures in here as well, reinforcing the notion management can intend “help” as well as “control.”
But it doesn’t discontinue there – I summon this infrastructure because total Fusion applications to come: ERP, Finance, CRM etc. will ultimately exhaust the CEIM. Fusion is listed with other applications in the figure, but it will collect some very special boosts from this metadata unification – upstream tools won’t necessity redefinition, ETL, cube building, or other steps to collect to the constituent they want, defined in a commonly understood way. Going forward, that will live a powerful argument for giving Oracle more of your infrastructure. Oracle shared some ideas with the analysts about the roadmap, but much of that was under NDA, and in any case would select at least another few blog pages to discuss.The Action Framework – Differentiated and Bold
Oracle takes another mammoth leap with its BI Action Framework. Those of us who hold for years bemoaned how BI always focuses on what I summon predicting the past, and others compare to driving with the rear view mirror, can select heart – this constituent provides the plot where the connection from evidence to action will select place. Alerts? remarkable – other products hold that. Sensors? Check. Initiate predefined processes and workflows within a BI context? Ahhh….now we’re getting somewhere. Inside the CEIM, unified with pointers to content, linked to resolution tracking – this is where it belongs. Navigation is facilitated, collaboration is enabled.
Oracle creates, with the Action Framework, a plot to unify automated and human-driven workflows and process management. The Action framework works with BPEL, executes java methods, invokes web services and navigates to a variety of locations. It’s certainly not finished yet, but its plot in the architecture is laid out, and some connections, especially those to Fusion applications, will live used soon by customers. The metadata-driven design will ensure that the defined actions will live used consistently across dashboards, Publisher, iBots (a former Siebel –not Apple! – utility used to deliver messages) and even Oracle Answers+, the newest version of the ad hoc reporting utility for Essbase.
The actions can live invoked from the new-look start page, shown here. I’ve reproduced it full-sized because there is so much detail on the page.
At a glance, many new features are visible, from the Actionable Intelligence on the left that we’re talking about here, to the sociable collaboration and community features dote Most current or the direct connection to websites, scorecards and analytical tools. Note the Search bar at the top; it’s common across total the BI products, and a license for Secure Enterprise Search is included with OBIEE.
This new personalizable landing page includes views of dashboards users can select. Note that some hold maps – these advocate drill-through directly from the map, and on those pages where other charts appear, the charts change with selections made on the map. Oracle has NAVTEQ integration, providing geospatial information down to city flat around the world (and street flat for 3 cities in development now.) Custom maps can live built with the Map Viewer application, and registered within the system, for organizations that want to build visual representations of sales territories or other specialized views. I mention total this here because total of this is linked to the Action Framework – it’s another validation of the value of the CEIM.Oracle Enterprise Manager Exploitation
Oracle’s expertise in reliability and operations is manifested in the tools it provides for operations professionals. With the expansion of its information model to encompass caching, data access services across multiple sources and user personalization, the integration of OBIEE with Enterprise Manager raises the bar enormously for the competition. It gains from the substantial investments in Fusion Middleware, a strategic thrust that proved very powerful in the past few years – and which generated a remarkable deal of revenue, assuring its continued development.
Pluses involve advocate for the Oracle Universal Installer, a boon to operations staff first introduced back in release 8i. Other workmanlike but vital integration efforts hold led to advocate from the Upgrade Assistant, Oracle Patch, and advocate for end-to-end diagnostics – often missing in BI environments that are patched together outside a formal management framework. This is an “out-of-the-box install”, with an embedded LDAP server; integrating with Oracle Identity Manager is just a matter of a few dropdown choices. Certainly there’s noiseless work to do: in his comprehensive post, trace Smith of Ventana Research notes that Oracle did not offer an avow on
..support for flat 3 compliance of the Open Web Application Security Project (OWASP), which is critical for government entities … should live allotment of every BI product used across the enterprise and the Internet because it prevents security breaches at the URL flat where code based injections occur.
Mark’s point is well taken. Still, there is much to live pleased with here – participation in Oracle Platform Security Services (OPSS) could provide a point of integration for OWASP across total of Oracle’s products, and one hopes OWASP arrives soon.Reporting, Dashboards and Scorecards
I cluster these for a understanding – many vendors finish some, but not others (at least not well.) Others finish them all, but don’t integrate them well. Here again, the comprehensiveness of Oracle’s integration makes itself felt. The newest version of BI Publisher marries a thin-client designer for “pixel perfect” design with industrial-class, tall volume output. It becomes an endpoint, not just for analysis, but for business processes, dote invoicing, that are allotment of the Oracle applications family – and with the integration of the catalog, it’s a natural fit. It continues to live available outside the full 11g portfolio.
The flush internet applications (RIA) metaphor is in full compel here. New interactive features such as sliders provide additional levels of interaction, against both relational and multidimensional sources. (Other BI analysts are describing these in detail, so I’ll leave it to that.) And Oracle has upped its Office integration again – it was notable that there was zero Microsoft-bashing in either the analyst or public events.
Mobile? You can’t leave it out. Oracle demonstrated the iPad as a consumer – and interactive creator – of analytic deliverables, and upped the demo’s intelligence by showing how the selfsame report could live delivered in another language with just a pick from the menu. No rewrite, no redevelopment. (And not an simple one at that – Arabic, a non-Roman character set – was used for the demo. Still, I’d hold a aboriginal speaker check before production – literal translations can collect you into trouble.) advocate for dozens of languages – and currencies – is built in.
For me, though, the tall point was the integration of business metrics (KPIs) and goals and objectives into OBIEE via Oracle Scorecard and Strategy Management. building strategy maps, defining KPIs, – and linking results to the action framework – allows the clique to live closed, for automated analysis of performance to activate defined, policy-aware responses with or without human intervention. Oracle has set the pieces together and told the most integrated narrative I’ve seen.BI Applications – the Next Thing
That really only leaves one stone unturned, I think: what about those BI Applications? They hold been a significant extension to the brand – Oracle claims over 2500 customers are using these tightly integrated, highly specific products in their business processes. I’ve left them till ultimate because while they are compatible with the 11g release and won’t live affected when it is installed, they gain nothing specifically new from it yet. Those releases are noiseless to come. But consider their power: because so much of their value proposition comes from the pre-built, industry- and process-specific metadata they are founded on, their value will live magnified – and immediately extensible – in an OBIEE 11g shop. The device to the left gives a sense of how much is added – click to enlarge.
Updating the BI apps is another non-trivial exercise – there are dozens of them, with the best-selling being the monetary ones. And there are new portfolio assets to exhaust for them: the HyperRoll acquisition brought some pieces that will live bound specifically in to the monetary BI applications first. The apps drive a lot of Oracle and ally services revenue, and they are measured in allotment by their “attach rate,” which varies across application type – but it’s simple to notice how much this represents a tempting “low-hanging fruit” for the sales compel as more success stories pile up. The apps attend to deliver time to value very rapidly, and as they are adapted to compose exhaust of the improved guided analytics (and their customization), the value proposition will live enhanced further still.Bottom Line – Much Done, More To Do
This lengthy discussion noiseless leaves pieces I hold not covered – and some Oracle did not collect into. Many are open challenges. The collaboration environment, built on the WebCenter Suite shows promise, but Oracle has struggled before with this – and it’s formally allotment of Fusion Middleware. I’m not confident of the licensing requirements. Predictive analytics, notably in the Real-Time Decisions offering, furthermore noiseless seems a bit disconnected, but total indications are that it’s getting traction and closing business – and that will intend more engineering investment to bind it in more fully in the years ahead. Its potential link to the BI apps is obvious and will live pursued.
SaaS? Not here, as far as I could see. In-memory analytics? The assets are there, and there was more talk of TimesTen than I’ve heard in a while – but it’s furthermore work in progress. Unstructured text analytics? Hardly mentioned. Ditto event processing. So Oracle has more work ahead – the target never stops moving, and Larry’s checkbook may live itching even as I write this, creating new integration tasks for the engineers to enjoy.
But there wouldn’t live enough time to talk about it all, even if it were total ready. The truth is that observers can notice these pieces coming, if they squint and tilt their heads a bit. The only question is how long some of them will take. I’m betting they hear some of them discussed at Open World. Oracle is setting its sights high, and clearly won’t live satisfied with missing them.
Disclosures: Oracle is a client of IT Market Strategy
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Larry Ellison’s dream for Oracle has always been to deliver “out-of-the-box” functionality – software that was less distinguishable from devices, devices that were vehicles for delivering software. So Ellison’s vision of functionality has always been to some degree, shall they say, “cloudy.” But it’s difficult to set a cloud in a box. And when you try, your competitors and even your (former) friends are liable to try to char you for it.
They’ve already started getting out their matches. Today, Oracle formally announced the impending delivery of WebLogic Server 12c, which is software for deploying Java EE 6 applications via servers that can live virtualized. Next week, Oracle will start delivering this critical next stage of its software delivery architecture. Whether it qualifies as “cloud” may depend on whether you spell it with an upper- or lower-case “c.”
The “g” in “Oracle WebLogic Server 11g,” released in the summer of 2009, stood for “grid.” In the era before Hadoop, Oracle’s implementation of “grid” (a word which competitors such as IBM took to intend other things) referred to its Grid Control technology. noiseless in exhaust total these months later, Grid Control is Oracle’s tall availability (HA) technique for distributing its database among multiple nodes, in what it calls a real Application Cluster (RAC, pronounced “rack,” a word which competitors select to intend other things).
The “c” in “Oracle WebLogic Server 12c,” the first instances of which will live seen next week (the precise date remains unknown), stands for “cloud,” a word which competitors such as IBM select to intend other things.
“WebLogic Server 12c is a fully compliant Java EE 6 server. Java EE 6 is significantly forward from a modern application development perspective,” said Ajay Patel, Oracle’s vice president for its Fusion middleware line, during a company webcast this afternoon. “You hold a lightweight programming model that customers hold been wanting in the Java EE platform; it’s delivered now. It gives you things dote contextual dependency injection (CDI), annotations [in code which denote how elements should live treated by conditional libraries and frameworks], POJO-based [Plain used Java Object] development, and many more.”
CDI enables components of code that refer to other reusable components of code, such as Web Beans, to let their references live updated when those components are updated. This way an application that worked perfectly well one week, doesn’t collapse the next week when the components that a class depended upon collect changed or replaced. The “injection” happens as a result of fulfilling a contract, the name of which is specified in the code but the terms of which are underlying. The terms may change automatically, so the compress or “manifest” for the dependency gets updated in turn, while the code remains the same.
“This is a mammoth Oracle milestone because it delivers Java EE 6 technology in commercial form to the large Oracle middleware installed base,” states Al Hilwa, IDC’s program director for applications development software, in a note to RWW this afternoon. “Adoption of new versions of Java EE typically moves slowly in the enterprise but offering a certified implementation of the standard framework moves the commercial user migration process along. This milestone furthermore brings added capabilities and integration across the Oracle stack which its customers will find compelling. The integration with the database in particular is an impressive showcase of the value that a full stack provider dote Oracle can bring to the table. In fact, the tie-ins in manageability and performance to Oracle RAC and dynamic DataGuard might incentive for open source users of Java EE to seriously consider the Oracle alternative. I furthermore mediate the new cloud capabilities for managing and deploying groups of servers will serve stimulate cloud adoption and lower the cost for anyone who wants to deploy this technology as a service provider, including Oracle itself.”
But what does this really hold to finish with the “cloud” as they hold gain to understand it? Apparently fully watchful of today’s announcement, yesterday in New York, Salesforce.com CEO (and former Oracle executive) Marc Benioff hurled some fireballs – albeit without Oracle’s name on them – in the direction of his former boss.
“Beware of the groundless cloud,” pronounced Benioff. “Beware of the groundless cloud because the groundless cloud is not efficient, it is not democratic, it is not economical, it is not environmental, it is not open. And as I’ve gone around the world, what they create is that we’ve been talking about cloud more and more customers are pitiable to the cloud, and they total of a sudden find out, what’s happening? Well, total of the words are getting used for applying to mainframes. The new proprietary mainframes that are the groundless cloud. ‘Well, they hold cloud computing, too! We’ve got the cloud! And they can install it in your data focus tomorrow!’ Oh, laugh! Sure, you mediate it’s a amusing joke. But not everyone is as enlightened as you are. There’s a lot of folks who are like, ‘That’s right, I’ll select one of those clouds, and I’ll select one of those and one of those, and then I’ll hold three of them and, then, I necessity to upgrade them, though. How finish you upgrade the cloud? How finish you maintain the cloud?’ If you’re upgrading and updating the cloud, you’re not in the cloud! If it’s about more hardware, it’s not about the cloud! If it’s about another software update, it’s not about the cloud! This is inspired by you. They travel the world. You’re the ones who hold reached out and said to us, ‘Yes, bring us something new. Bring us the sociable enterprise.'”
Salesforce’s products don’t really compete with Oracle’s; nonetheless, Benioff raises a point, one which has a growing groundwork of followers. They asked Hilwa, what’s the connection between the cloud where Benioff lives and the one that Ellison’s trying to build?
“A lot of what cloud is total about is running virtualized engines in bulk, provisioning them and managing them in an automated, self-service manner, and supporting the develop-to-deploy application cycle,” Hilwa told us. “To the extent that the software can spin out new engines under automated control then it can advocate elasticity requirements. The distinction between public and private comes down to whether said functionality is running inside or outside the firewall.”
Is it possible, then, that Oracle’s doing a better job at advancing the occasions of Java – by marrying it to Ellison’s “out-of-the-box” marketing methodology – than Sun Microsystems ever could? “Oracle brings two things to Java that Sun lacked, aside from simply more profits to plow back into the community effort,” responds Hilwa. “1. It is able to focus the R&D into more practical and ultimately monetizable areas for the ecosystem that it can demonstrate as an example itself of a vigorous and successful commercial entity. 2: It has a more focused, definitive and no-nonsense style of management that it can bring to the overly bureaucratic Java governance process. They hold seen the results of some this decisiveness in pitiable the standards along faster and bringing other players to the JDK, feats that Sun bogged down with.
“Overall, I mediate the jury is in on Oracle’s effectiveness as a Java custodian,” the IDC analyst adds, “and the narrative looks apt – certainly much better than the community initially expected.”
Next Generation Universal Banking System Provides Technology Platform for Growth, Innovation and Customer Centricity
IDLC Finance Limited, the largest multi-product Non-Bank monetary Institution (NBFI) in Bangladesh has successfully implemented Oracle’s globally renowned banking solution Oracle FLEXCUBE Universal Banking to transform and modernize its operations.
Prior to deploying Oracle, IDLC was relying on customized legacy software which was not able to advocate its necessity for business process standardization. Due to necessity of proper risk evaluation and control tools, the Institution was not able to compose informed business decisions.
Oracle FLEXCUBE’s supple process configuration capabilities allow IDLC to configure business processes to suit the business’s needs. Its supple open standards based architecture, coupled with extensive functionality, lend agility to the bank’s operations and enable the Institution to manage risks, standardize operations, consolidate books, and offer a complete new compass of products in challenging market conditions.
The new system is running on Oracle Database 11g Release 2, a robust, supple and scalable database platform, which supports IDLC’s plans for rapid growth in business and customer base, while improving its operations and risk management capabilities.
The company has furthermore deployed Oracle real Applications Cluster allotment of Oracle Database Options enabling the Institution to rush a solitary database across a cluster of servers.
On the middleware layer, Oracle Fusion Middleware products dote Oracle SOA Suite enable IDLC to seamlessly integrate total its business applications. The system will furthermore assist IDLC to reduce the time taken to interject new schemes or products and reduce cost of manual integration within various business functions.
This project was initiated in March 2011 by data edge limited, a Gold flat ally of Oracle PartnerNetwork and the deployment of the entire suite of solutions was completed in January 2012.
“Deploying Oracle FLEXCUBE was a key allotment of their ambitious long-term strategy, as it provides us the technology platform they necessity to advocate their plans for business growth, product diversification and improved work processes” said Selim R.F. Hussain, CEO & Managing Director, IDLC Finance Limited. “We are very confident that as a leading enterprise class application, Oracle FLEXCUBE will enable us to both, delight their customers with superior service suffer and serve IDLC grow faster with improved efficiencies.”
“Global monetary institutions reckon on Oracle to accelerate the time to market of new products and deliver exceptional service, while keeping total cost of ownership to a minimum,” said Chet Kamat, CEO and Managing Director, Oracle monetary Services Software Limited. “The successful implementation of Oracle FLEXCUBE at IDLC Limited substantiates their value proposition for the monetary services industry making it an example for other institutions within the Bangladeshi market to emulate.”
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