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ORACLE CORPORATION

(ORCL)
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University of California Merced Supports Rapid Growth with Oracle Cloud

07/28/2021 | 08:00am EDT

The University of California Merced has successfully implemented Oracle Fusion Cloud Enterprise Resource Planning and Oracle Fusion Cloud Enterprise Performance Managemen to support its rapid growth. With the solutions, the university will be able to leverage the latest innovations in automation and predictive analytics to increase business efficiencies, improve insights, and make more informed decisions. Established in 2005, UC Merced quickly became one of the nation's top universities. UC Merced's research opportunities, along with its focus on nurturing first-generation and underrepresented student populations, contributed to its swift growth. As the institution grew, its existing systems and manual processes could not scale to keep pace with the school's expansion. UC Merced needed a flexible, integrated suite of cloud applications that could provide a holistic view of the organization's operations with the latest automation and analytics innovations embedded. After a review of available solutions, UC Merced selected Oracle Cloud ERP and Oracle Cloud EPM, and successfully implemented the systems in less than a year. Running on one cloud, Oracle Fusion Cloud Applications Suite can support UC Merced's business with integrated processes, a common data model, and a consistent user experience. With Oracle Cloud ERP and Oracle Cloud EPM, UC Merced will be able to streamline business operations, more effectively control university resources, and improve reporting capabilities. This will allow staff to focus more time on delivering value to students. In addition, Oracle's software-as-a-service (SaaS) delivery model will give UC Merced access to hundreds of new features every 90 days, without any downtime or business disruption.


ę S&P Capital IQ 2021
All news about ORACLE CORPORATION
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Analyst Recommendations on ORACLE CORPORATION
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Financials (USD)
Sales 2022 42 185 M - -
Net income 2022 10 688 M - -
Net Debt 2022 43 318 M - -
P/E ratio 2022 24,9x
Yield 2022 1,42%
Capitalization 246 B 246 B -
EV / Sales 2022 6,86x
EV / Sales 2023 6,66x
Nbr of Employees 132 000
Free-Float 58,2%
Chart ORACLE CORPORATION
Duration : Period :
Oracle Corporation Technical Analysis Chart | ORCL | US68389X1054 | MarketScreener
Technical analysis trends ORACLE CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Last Close Price 89,94 $
Average target price 87,80 $
Spread / Average Target -2,38%
EPS Revisions
Managers and Directors
Safra Ada Catz Chief Executive Officer & Director
Lawrence Joseph Ellison Chairman & Chief Technology Officer
Michael J. Boskin Independent Director
Jeffrey S. Berg Independent Director
Naomi O. Seligman Independent Director
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