Five Minute Briefing - Oracle
January 5, 2022
Published in conjunction with the Quest Oracle Community (Quest), this bi-weekly publication contains news, market research, and insight for the Oracle ecosystem, as well as Quest news and information. Subscribers also receive Quest ResearchWire, a bi-monthly research report for the Oracle community.
News Flashes
Codeless Platforms, based in Poole, England, has become a core integration partner with excelerateds2p, a source-to-pay (S2P) and supply chain transformation specialist, after initially working with the company to develop A2O Connect, a dedicated integration connector for SAP Ariba and Oracle ERP.
Oracle has announced the opening of two new European cloud regions in Milan and Stockholm. Oracle now has 36 regions worldwide with plans to have at least 44 cloud regions by the end of 2022, marking one of the fastest expansions of any major cloud provider.
Oracle and Cerner have jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95 per share, or approximately $28.3 billion in equity value. The transaction is expected to close in calendar year 2022. Oracle also said that Cerner will be its anchor asset to expand into healthcare.
Think About It
As many tools and platforms have evolved to solve niche problem areas, they are fairly disconnected, creating more confusion for data leaders to decide what tools and platforms are needed to support end-to-end business needs. In simple terms, XOps can be broken down to "X" related to data, infrastructure, business intelligence (BI), and machine learning (ML) models, and "Ops" is the automation via code. The individual component has existed for years, but the difference now is they are interconnected to drive agility and innovation by removing silos.
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