Oracle survey finds that vast majority of CSPs planning to launch 5G networks within the year still don't have the technology needed to monetize these offerings
"A new Oracle Communications survey shows that while 73% of communications service providers (CSPs) plan to launch 5G networks by 2022, 94% have challenges with their existing charging systems. As these CSPs look to monetize everything from streaming videos and network slicing to eHealth and virtual gaming, they worry their outdated charging systems will hinder customer experience, performance, and the ability to get new offerings to market quickly..."
Better use of data and more efficient operations enables schools to simplify business processes, maximize resources, and reduce costs
"K-12 school systems across the U.S. are adopting Oracle Cloud to simplify business processes, maximize resources, and better manage and support students and staff.
With fluctuating budgets and federal and state-wide guidelines, institutions are seeking ways to do more with less without jeopardizing the quality of their educational offerings. By streamlining finance, HR, and data management processes in the cloud, K-12 school systems are improving efficiencies and reducing costs..."
New governance capabilities for financial crime and compliance management help banks boost the transparency and fairness of AI models to help address regulatory obligations
"A recent World Economic Forum survey found that 85% of financial institutions have implemented AI, but some still have concerns about its use. To help financial institutions apply AI responsibly, Oracle has added new AI governance capabilities to its Oracle Financial Services Compliance Studio application. With a new visualization canvas that fosters more inclusive machine learning model creation, alerts for potentially sensitive issues, and new in-memory sandboxes to more easily create and refine models, banks can help weed out bias and uncertainty in applying the power of AI to fight money laundering and other financial crimes. These new model management and governance capabilities will also soon be implemented with PwC's Model Edge solution..."
Companies aim to accelerate digital transformation of Italian enterprises and public sector organizations
"Oracle, TIM (Telecom Italia) and Noovle, TIM Group's cloud company, today announced that they have signed a collaboration agreement as part of a plan to offer multicloud services for enterprises and public sector organizations in Italy.
Under the agreement, TIM Group plans to utilize advanced cloud infrastructure technologies to support its goal of advancing Italy's digital modernization and establishing its position, through Noovle, as the market reference point for enterprise multicloud services in the country..."
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