Connect with us

E-Business

Oracle Enterprise Resource Planning Cloud Surpasses 1300 Customers

Published

on

oracle-logo23.jpg
Kindly share this post

As companies strive to stay competitive in today’s challenging business environment, they are increasingly turning to Oracle Enterprise Resource Planning (ERP) Cloud for the complete, natively integrated solution they are seeking to scale and support their growth.

Oracle ERP Cloud delivers the most complete breadth and depth of functionality needed for large enterprises as well as fast growing midsize firms.

With rich financial, operational, and global capabilities including full multi-currency and multi-GAAP support, over 50 country localizations for tax, statutory and payment requirements, and translations in 23 languages, Oracle ERP Cloud stands out as the best-in-class solution in the market.

According to Oracle, over 1300 customers, with more than 300 in production – have turned to Oracle ERP Cloud in recent months including Athenahealth, Australian Finance Group, Boise State University, Evite, Irving Materials, Lumosity, and Tower Ventures.

Customers are looking to Oracle ERP Cloud for complete ERP capabilities across financials, procurement, and project portfolio management, as well as Enterprise Performance Management (EPM),Governance Risk and Compliance (GRC) and Supply Chain Management (SCM). Native integration with the broader Oracle SaaS portfolio for Human Capital Management (HCM), and Customer Experience (CX) offer customers a practical, business-driven, rapid adoption path forward.

Industry specific capabilities across professional services, public sector, education, and manufacturing verticals among others, and a secure, scalable architecture help ensure customers have the purpose built, industry tailored solutions for their specific needs.

In addition, Oracle ERP Cloud’s modern user interface, delivering embedded analytics, contextual social collaboration, and a device independent mobile experience makes the solution familiar and easy to use.

Australian Finance Group Ltd., Australia’s largest mortgage broking group and one of that country’s leading financial service companies chose Oracle ERP Cloud to reduce expenses and gain better insight into its financial reporting.

“We chose Oracle ERP Cloud because it provides a comprehensive cloud offering across functions and industries that no other vendor can match,” said Andrew McGee, IT Manager, Australian Finance Group Ltd. “With Oracle, we process 600,000 monthly commission payments 5x faster, increased our capacity to innovate by 50% and reduced system management costs by 29%.”
 
Lumosity, a brain training company with more than 70 million members worldwide, selected Oracle ERP Cloud to support its global growth and industry expansion.

“The foundational piece of moving to a modern finance organization is having an integrated, scalable ERP system that gives organizations the tools they need to succeed,” said Tyler Chapman, vice president of finance, Lumosity. “The integrated view and world-class reporting functionality delivered by Oracle ERP Cloud gives our finance team the enterprise-wide insights we need to take Lumosity to the next level of growth.”

Tower Ventures, a national provider of wireless communications structures, is using Oracle ERP Cloud to improve visibility into its financial performance as a growing enterprise.

“Technology such as Oracle Financials Cloud will not only make us stronger and more profitable, it will speed up the business cycle,” said Michael McLaughlin, CFO at Tower Ventures. “We can create asset portfolios faster and have the data that carriers require at our fingertips.”

“Oracle ERP Cloud enables our customers to increase their operational efficiency while reducing their costs, and modernize their business practices to gain insight and productivity,” said Rondy Ng, Senior Vice President, Oracle Applications Development.

“This combination, coupled with 30 years of subject matter expertise, and strength in flexible and modular adoption methods suited to our customer’s needs, make Oracle ERP Cloud the most complete, robust and modern ERP available.”


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

Report Shows Start-ups Fuel Innovations in Africa

Published

on

Kindly share this post

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”

The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.

Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.

The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.

Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.

South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.

Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.

According to Bloomberg, a defining theme this year is the source of funding.

Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.

International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.

The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.

Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.

Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.

She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.


Kindly share this post
Continue Reading

E-Business

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Published

on

Kindly share this post

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

NDPC

The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.

Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer,  NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.

The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”

Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.

According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.

He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.

“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.

Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.

He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.

According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.

Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.

He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.

According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.

Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.


Kindly share this post
Continue Reading

E-Business

Anthropic Raises $65 Bn to Expand AI Research, Innovation

Published

on

Kindly share this post

Anthropic, artificial Intelligence company, has said that  it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

Anthropic Raises $ 65 Bn to Expand AI Research, Innovation

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.

Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.

The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.

Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.

The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.

Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.

Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.


Kindly share this post
Continue Reading

Trending