Latest news with #OracleFusionCloud
Business Standard
26-05-2025
- Business
- Business Standard
Mastek deploys full-scale Oracle Fusion Cloud suite for Air Niugini
Mastek announced the successful go-live of a full-scale Oracle Fusion Cloud suite implementation for Air Niugini, the national airline of Papua New Guinea (PNG). This milestone represents one of the most significant digital transformation initiatives within the PNG aviation sector, enabling a leap forward in operational efficiency, automation, and data-driven decision-making. As a leading carrier offering both domestic and international services, Air Niugini recognised the need to modernise its ageing legacy infrastructure to meet evolving business and regulatory demands. With a fragmented system landscape and high dependency on manual processes, Air Niugini is now focused on transformation strategies to ensure agility, visibility, and scalability - critical factors for operational excellence in the modern aviation industry. To address these challenges, Air Niugini partnered with Mastek as its strategic advisor and implementation partner to drive a comprehensive cloud-enabled transformation aligned with its long term vision of operational excellence, financial sustainability, and workforce empowerment.
Fintech News ME
22-05-2025
- Business
- Fintech News ME
First Abu Dhabi Bank Pilots Embedded B2B Payments with Oracle and Mastercard
First Abu Dhabi Bank (FAB) has become the first in the MENA region to pilot an embedded finance and payments solution developed in partnership with Oracle and Mastercard. The collaboration aims to modernise business-to-business (B2B) finance and payments processes for FAB's corporate clients by integrating Mastercard's virtual card platform directly into Oracle Fusion Cloud Enterprise Resource Planning (ERP) software. The solution addresses long-standing challenges in commercial payments, such as fragmented systems, manual processes, and lack of data visibility, by offering a more streamlined and automated approach without the need for complex technology overhauls. Through this partnership, FAB's clients stand to benefit from improved payment automation within Oracle's ERP system, greater security via single-use virtual card numbers, and enhanced financial oversight through real-time insights into cash flow and expenditure. The solution also seeks to improve supplier relationships by enabling faster and more reliable payments, easing reconciliation processes, and supporting cross-border transactions under Mastercard's global network. Gina Petersen-Skyrme, Senior Vice President and Country Manager for UAE and Oman at Mastercard, commented, 'In an increasingly fast-paced environment, businesses of all kinds are turning to virtual cards to bring the ease, security, and efficiencies of digitisation to their operations. At Mastercard, we are delighted to leverage our innovative virtual card platform to expand the benefits of embedded finance in Oracle Cloud ERP to FAB's commercial customers.' Liam Nolan, Vice President of Applications Development at Oracle, said, 'This collaboration introduces a proven consumer payment method to the B2B world, simplifying supplier onboarding, reducing risk, and enhancing working capital management for both buyers and suppliers. Mutual customers can now streamline key finance and operational functions and enhance working capital management.'
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Business Standard
08-05-2025
- Business
- Business Standard
Mastek shares gain 6% on strategic deal with Zulekha Healthcare; details
Mastek share price today: Shares of digital engineering and cloud transformation services provider Mastek were buzzing in trade on Thursday, May 8, 2025. The company's share price soared 6.14 per cent to ₹2,223 during intra-day trade on Thursday. The upward movement in the company's share price came following its announcement of a strategic collaboration with Zulekha Healthcare Group, a UAE-based healthcare services provider. Mastek, in a release, said that it will deploy an extensive Oracle Fusion Cloud suite, which closely integrates with the Oracle Health (Cerner) system. "This transformation aligns with Zulekha's vision of delivering 'Patient First' healthcare while enhancing clinical workflows, operational efficiency, and fiscal agility," Mastek said in the release. "As a leading Oracle Cloud partner with 1,500+ implementations across 40+ countries, 100+ industry-specific solutions, and a talent pool of 2,000+ skilled consultants, Mastek will implement a unified Oracle Fusion Cloud solution fully integrated with Zulekha Healthcare Group's Hospital Information System (HIS) and Revenue Cycle Management (RCM)." 'Leveraging Mastek's close working relationship with Oracle and deep healthcare domain expertise, we empower organisations like Zulekha Healthcare Group to achieve smarter, faster, and more patient-centric operations. We are committed to supporting their transformation journey and are excited to drive innovation and deliver measurable outcomes together,' said Surya Nunna, Executive Vice President, AMEA, Mastek. About Mastek Mastek is a global provider of enterprise AI, digital, and cloud services, enabling its clients to achieve measurable and sustainable returns on their technology investments. The company partners with industry leaders such as Oracle, Salesforce, Microsoft, AWS, Snowflake, and Databricks, serving key sectors such as Public Sector, Healthcare, Retail, Manufacturing, Higher Education, and Financial Services. Mastek is a solutions-focused and relationship-centric company that values both employees and clients. As of May 8, the company boasts a market capitalisation of ₹6,770.89 crore on the NSE. Mastek share price history The shares of the Computers - Software & Consulting company have exhibited a mixed performance over the past year. Mastek's share price has advanced nearly 11 per cent in the last month, while it has declined 25 per cent in the last six months and 13 per cent in the last year. For the year-to-date, Mastek's share price has posted a decline of nearly 27 percent. In contrast, the benchmark Nifty50 has advanced nearly 2.5 per cent this year. At around 1:50 PM on Thursday, Mastek's shares were quoted at approximately ₹2,171.90, up 3.70 per cent from its previous close of ₹2,094.40 on the NSE.
Business Upturn
08-05-2025
- Business
- Business Upturn
Mastek collaborates with Zulekha Healthcare Group to implement Oracle Fusion Cloud suite
By Aman Shukla Published on May 8, 2025, 12:57 IST Mastek, a provider of digital engineering and cloud transformation services, has announced a strategic collaboration with Zulekha Healthcare Group, a healthcare provider based in the United Arab Emirates. The partnership involves the implementation of the Oracle Fusion Cloud suite, integrated with the Oracle Health (Cerner) system. The objective of this collaboration is to support Zulekha Healthcare Group's operational goals, including improvements in clinical workflows, financial management, inventory control, and compliance. The digital transformation aims to reduce manual processes and enhance data-driven decision-making across the organization. Zulekha Healthcare Group operates a network of medical facilities in the UAE, including two hospitals with a combined capacity of 285 beds. The Group employs more than 2,500 staff, including over 300 physicians and 600+ nursing and paramedical personnel. It also operates a smart medical fitness center that offers services such as medical assessments for visas, vaccinations, occupational health certification, and embassy-related medical documentation. Mastek will deploy a unified Oracle Fusion Cloud solution that will integrate with Zulekha's existing Hospital Information System (HIS) and Revenue Cycle Management (RCM) infrastructure. The deployment is intended to improve interoperability and system efficiency while aligning with industry standards. Mastek has previously completed more than 1,500 Oracle Cloud implementations across 40+ countries and offers over 100 industry-specific solutions. The company's healthcare sector experience and Oracle Cloud expertise were cited as key reasons for its selection as a digital transformation partner for this project. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
30-01-2025
- Business
- Yahoo
Oceaneering Taps Oracle Fusion Cloud Applications' Embedded AI to Propel Growth
Global leader in subsea engineering and applied technologies selects Oracle Fusion Applications to standardize processes, expand insights, and increase efficiency AUSTIN, Texas, Jan. 30, 2025 /PRNewswire/ -- Oracle CloudWorld -- Oceaneering International, Inc., a leading provider of engineered services, products, and robotic solutions for the offshore energy, defense, aerospace, and manufacturing industries, has selected Oracle Fusion Cloud Applications Suite to support its vision of solving the world's most complex operational challenges. With an integrated suite of AI-powered cloud applications to manage finance, HR, and supply chain processes, Oceaneering expects to be able to increase productivity, reduce costs, enhance the employee experience, and build more agile and resilient global operations. Oceaneering is a global technology delivery company supporting clients across industries such as offshore energy, defense, and industrial robotics. With diverse business lines that have grown through cross-industry applications of technology and collaborative innovation, Oceaneering needed an integrated platform to enable its teams to work more efficiently, productively, and seamlessly to achieve its growth plans. After a thorough evaluation, it selected Oracle Fusion Applications to enable AI-powered finance, HR, and supply chain capabilities as it continues to scale. "At Oceaneering, our greatest strength lies in our people and their ability to apply proven technology in pioneering ways to solve our customers' most complex problems," said Rod Larson, President and Chief Executive Officer, Oceaneering. "Our existing enterprise systems and processes weren't keeping pace with how our teams wanted—and needed—to work. By implementing Oracle Fusion Applications, we're providing our team with an advanced platform that enhances efficiency, expands insights, and enables faster decision-making and collaboration. This empowers our people to focus on what they do best—innovating for the future, taking care of our customers, and supporting each other." With Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oceaneering can automate finance and project management processes to help increase productivity, reduce costs, mitigate risk, and improve controls. Oracle Fusion Cloud Human Capital Management (HCM) will help optimize HR operations to improve the employee experience, expand workforce insights, and enhance global workforce management. Finally, Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) will help Oceaneering increase efficiency, reduce costs, and create a more resilient supply chain. "Oceaneering thrives on solving complex problems and has applied its rigorous engineering methodology to its own organization to ensure its core business systems can support growth plans," said Steve Miranda, Executive Vice President, Applications Development, Oracle. "With Oracle Fusion Applications, Oceaneering will be able to standardize on a single platform, apply automation, and leverage the latest AI innovations to improve insights and efficiency, increase employee engagement, and future-proof its growing business." The implementation will be managed by Oracle PartnerNetwork (OPN) partner, Deloitte. Oracle Fusion Applications Suite enables organizations to take advantage of the cloud and the latest advancements in predictive, generative, and agentic AI to break down organizational silos, standardize processes, and manage finance, HR, supply chain, and customer experience data on a single integrated cloud platform. To learn more about Oracle Fusion Applications Suite, please visit: About OceaneeringOceaneering International, Inc. is a global technology company delivering engineered services and products and robotics solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle Sign in to access your portfolio
