Oracle has expanded PeopleSoft's industry focus for PeopleSoft Enterprise Performance Management (EPM) solutions to the industry verticals, such as manufacturing, higher education, and healthcare. In addition, Oracle Enterprise Asset Management Analytics enables businesses to estimate the asset life, reduce the cost of maintenance with advanced strategies, and increase the uptime of assets, including plant and machinery. The solution's manufacturing scorecard offers real-time production analysis which is required to enhance the overall adaptability of the supply chain. It also provides an integrated visibility into best-practice key performance indicators (KPIs) which are often useful in managing the rising supply chain expenditures.
USP : Oracle offers its industry analytics solutions through a business analytics suite. ORACLE PeopleSoft Industrial Analytics comprises a comprehensive set of applications, such as PeopleSoft Industry Analytics, Oracle Enterprise Asset Management Analytics, and Oracle Manufacturing Analytics. These applications enable businesses to deliver operational excellence through managing strategy with operations and driving predictable results. The company provides industry-specific applications, which serve the exact need of the business.
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ORACLE CORPORATION Presence in Industrial Analytics Software
Oracle provides a broad range of software applications, platforms, and infrastructure technology with associated professional and managed services, to various industry verticals. The company invests a significant amount of its revenue in R&D, and has increased its R&D expenditure in the recent 3 consecutive years, from 2014 to 2016. The R&D expenditure in 2016 was approximately 16% of the total revenue. Oracle has adopted organic and inorganic strategies. Oracle maintains its leading position by providing new and updated products across the industry. The company’s organic strategy includes product launches and product developments. For instance, in March 2017, Oracle launched a new product, Oracle Utilities Operational Device Cloud Service, to serve its utility customers in a better way. Further, as a part of its inorganic growth strategy, it entered into various partnerships and collaborations. For example, in April 2016, Oracle partnered with General Electric to build and integrate complementary solutions for businesses, to digitally connect industrial assets across the world.
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