Click here to close now.




















Welcome!

Java IoT Authors: Liz McMillan, Pat Romanski, Mike Kavis, Dana Gardner, Daniel Khan

News Feed Item

Oracle E-Business Suite 12.2.4 Helps Organizations Further Optimize Business Processes, Reduce Costs, and Respond to Changing Market Conditions

Release Includes Customer-Driven Enhancements Across Virtually All Functional Areas and New Cloud Integrations

REDWOOD SHORES, CA -- (Marketwired) -- 08/13/14 -- Oracle (NYSE: ORCL)

News Summary
Today's global business environment is complex and constantly changing. To help organizations navigate this continuously shifting landscape and stay competitive, Oracle has released Oracle E-Business Suite 12.2.4. This latest release provides an updated user experience, significant customer-driven enhancements across the applications suite, and more integrations to Oracle Cloud Solutions. With the powerful new capabilities, organizations can manage that complexity while focusing on more strategic business issues and processes.

News Facts

  • To help organizations manage the complexities of global business environments and gain a competitive edge, Oracle today announced the general availability of Oracle E-Business Suite 12.2.4.
  • With modern user experience updates, significant customer-driven enhancements, and more integrations to Oracle Cloud Solutions, Oracle E-Business Suite 12.2.4 enables organizations to further optimize business processes, reduce costs, and respond quickly to changing market conditions.
  • Organizations already on Oracle E-Business Suite 12.2 can use online patching to easily gain the latest functionality.

Enhancements Drive Increased Business Value

  • Oracle E-Business Suite 12.2.4 helps organizations further optimize business processes, reduce costs, and respond quickly to changing market conditions by introducing enhancements in the following enterprise resource planning (ERP) areas:
    • Oracle Financials: Faster approval cycles from parallel approval of invoices. A single mass allocation formula is used to generate allocation journals for all ledgers in a ledger set. Integration with Oracle Revenue Management Cloud allows users to leverage the revenue compliance and recognition benefits of that product.
    • Oracle Projects: Enhancements in Oracle Project Contracts and Oracle Project Billing allow US federal contractors to improve cash flow, increase transparency and audit, and automate billing.
    • Oracle Purchasing: Web ADI-enabled spreadsheet creation and modification of purchase order lines, schedules, and distributions improves buyer productivity when dealing with large orders.
    • Oracle iProcurement: A streamlined single-step checkout flow allows employees to quickly complete shopping activities and start the requisition approval process.
    • Oracle Procurement Contracts: Improved buyer efficiency from auditing of contract documents by reviewing details of policy deviations and net clause additions.
    • Oracle Services Procurement: Enhanced capabilities provide buyers with greater flexibility to support a broad range of complex order scenarios.
    • Oracle Channel Revenue Management: Improved volume offer capabilities and a streamlined user interface enable users to quickly adapt to changing business conditions.
  • To further help organizations transform supply chains from a functional necessity to a competitive advantage, the latest release of Oracle E-Business Suite includes the following supply chain management (SCM) enhancements:
    • Oracle Order Management: A new HTML user interface provides improved usability, greater flexibility, and a more modern user experience.
    • Oracle Yard Management: A new solution enables manufacturing, distribution, and asset-intensive organizations to manage and track the flow of trailers and their contents into, within, and out of the yards of distribution centers, production campuses, transportation terminals, and other facilities.
    • Oracle Manufacturing: Significant usability improvements in the Oracle Manufacturing Execution System (MES) help improve operator productivity by simplifying time entry and quality collection. New capabilities to manage the auto-dekit (disassembly) of serialized products supports customer returns and internal reuse of component parts.
    • Oracle Enterprise Asset Management: Enhancements to support linear assets in industries, such as oil and gas, utilities, and public sector, help improve productivity and retire costly integrations and custom code.
    • Oracle Service: Enhanced spare parts planner's dashboard provides rich user interaction to improve planner productivity.
    • Oracle Value Chain Planning: Numerous enhancements across multiple products include deeper industry functionality, such as minimum remaining shelf-life enhancements for the pharmaceutical and consumer goods industries, multistage production synchronization for process industries, and integration between Oracle Service Parts Planning and Oracle Enterprise Asset Management for asset-intensive industries. New promotions planning analytics in Oracle Advanced Planning Command Center improve business insight.
  • To help organizations further modernize Human Capital Management (HCM) practices, the latest release of Oracle E-Business Suite includes:
    • Oracle Payroll: Payroll dashboard provides at-a-glance readiness checks, validation, and analytical views of the entire payroll cycle to help payroll administrators gain valuable insight into payroll processes, avoid costly errors, and improve productivity.
    • Oracle Self-Service Human Resources: Transaction dashboard helps employees and managers monitor the approval progress of self-service transactions, and review transaction details at any point after final approval.
    • Oracle Learning Management: Enhanced user interface simplifies the learner's ability to search the training catalog, engage in learning activities, and share experiences with fellow learners.
  • To enable improved user productivity across the applications, the latest release of Oracle E-Business Suite incorporates these current UI design trends:
    • Optimizations for touch screen tablets, including larger buttons and support for touch gestures.
    • Support for users to hide/show table columns and save changes as a user personalization.
    • A simplified home page with colorful icons allows users to easily access favorite functions, and a streamlined universal global header provides easy access to common functions from any page.
    • More fine-grained proxy access gives users greater control over delegating their Oracle E-Business Suite authority to other users.

Supporting Quote

  • "Organizations today need to provide the workforce with a more modern user interface, and address business challenges with greater automation and efficiency," said Cliff Godwin, senior vice president, Oracle Applications Development. "With Oracle E-Business Suite 12.2.4, Oracle continues to modernize the user interface and deliver new customer-driven capabilities across the applications, while reducing the costs of owning and running Oracle E-Business Suite."

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Karen Hartquist
Oracle
+1.650.506.3552
Email Contact

Simon Jones
Blanc & Otus
+1.415.856.5155
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
MuleSoft has announced the findings of its 2015 Connectivity Benchmark Report on the adoption and business impact of APIs. The findings suggest traditional businesses are quickly evolving into "composable enterprises" built out of hundreds of connected software services, applications and devices. Most are embracing the Internet of Things (IoT) and microservices technologies like Docker. A majority are integrating wearables, like smart watches, and more than half plan to generate revenue with APIs within the next year.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Akana has released Envision, an enhanced API analytics platform that helps enterprises mine critical insights across their digital eco-systems, understand their customers and partners and offer value-added personalized services. “In today’s digital economy, data-driven insights are proving to be a key differentiator for businesses. Understanding the data that is being tunneled through their APIs and how it can be used to optimize their business and operations is of paramount importance,” said Alistair Farquharson, CTO of Akana.
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Payment...
"Optimal Design is a technology integration and product development firm that specializes in connecting devices to the cloud," stated Joe Wascow, Co-Founder & CMO of Optimal Design, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Electric Cloud and Arynga have announced a product integration partnership that will bring Continuous Delivery solutions to the automotive Internet-of-Things (IoT) market. The joint solution will help automotive manufacturers, OEMs and system integrators adopt DevOps automation and Continuous Delivery practices that reduce software build and release cycle times within the complex and specific parameters of embedded and IoT software systems.
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.