(MENAFN- Baystreet) Rising Cancer Rates Drive Biotech Advancements Despite Political Hurdles
Smart Agriculture Poised for Growth, Set to Hit $36.24 Billion by 2030
Dick's, NIKE to Host“It's Her Shot” Tour
GM Can Regain Market Share in China, Says Chief
Virios Reveals Figures, Corporate Update Previous Articles Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Thursday, May 9, 2024
Oracle Named Industry Leader, Shares Fall
In the evolving energy landscape, energy and water providers have adapted by diversifying their service portfolios, embracing cloud technologies, and prioritizing customer experience. In recognition of its ability to help organizations meet the expanding needs of both residential and commercial and industrial customers, Oracle (NYSE:ORCL) was named a Leader in the IDC MarketScape: Worldwide Customer Information System & Billing Solutions for Utilities 2024 Vendor Assessment.
According to this morning's news release,“Many utilities using dated, legacy Customer Information Systems (CIS) are struggling to keep pace with industry innovation and regulatory needs. To address these needs, Oracle has built the most advanced customer platform that provides an expanding array of integrated customer engagement, C&I sales, customer experience, energy management, meter-to-cash, field services, and back-office capabilities.”
"Since our last report in 2016, market changes have drastically shifted utilities' expectations for CIS and billing (CIS&B) solutions toward comprehensive technology platforms that help reduce costs and satisfy customer demands with innovative products and services," said Gaia Gallotti, research director, IDC Energy Insights.
"Oracle is positioned in the Leaders Category in this 2024 IDC MarketScape on CIS & Billing Solutions for Utilities. Oracle Energy and Water's Customer Platform solutions cover a wide breadth of features and functionalities designed to cater to the needs of customers navigating the energy transition, including for complex C&I customers.”
ORCL shares shrank 26 cents to begin Thursday at $117.12.
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN09052024000212011056ID1108195496
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.