Five Minute Briefing - Oracle
February 21, 2024
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.
Oracle is introducing new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to help organizations increase the efficiency of global supply chains. According to the company, the updates to Oracle Transportation Management and Oracle Global Trade Management, part of Oracle Cloud SCM, will help customers optimize logistics operations by increasing visibility, reducing costs, automating regulatory compliance, and improving decision-making.
Oracle is embedding AI into its full-stack, including its databases, with cutting-edge innovations for integrating AI and advanced machine learning into applications.
Oracle is bringing real-time communications to its suite of industry cloud applications with the introduction of the Enterprise Communications Platform (ECP). By connecting Oracle industry applications to networks and IoT devices to extend their value, ECP enables organizations to reimagine how they do business, according to the company.
Think About It
Before talking about its impact, it makes sense to first define what is meant by the term "regulatory compliance." There are two components: regulatory and compliance. Regulatory refers to regulations, which are governmental, and business rules and laws. Regulations may exist for specific industries, countries, jurisdictions, and practices. Compliance refers to following the directives of the regulations as they apply to your business operations.
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