Oracle said its Enterprise Resource Planning Cloud surpassed more than 1300 customers.
In recent months, Athenahealth, Australian Finance Group, Boise State University, Evite, Irving Materials, Lumosity, and Tower Ventures were added to the Oracle customer list.
Oracle said customers are looking for 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).
“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.
Oracle recently launched Oracle Banking Digital Experience, aimed to help banks to cope up with the currently trending digital services.
The company said banks are struggling to embrace and keep pace with digital disruption driven by changing customer expectations and a new generation of fintechs and other brands flooding the financial services market.
Meanwhile, Azerbaijan’s PASHA Bank OJSC selected Oracle FLEXCUBE to improve its go-to-market time for new products, reduce operational costs and drive growth internationally.
PASHA Bank required a core banking solution that would enable it to stay top in the market, while reducing its operational costs. The bank selected Oracle’s FLEXCUBE Universal and Direct Banking solutions.