Xerox, American corporation that sells print and digital document products and services, announced that it has selected Oracle Cloud, an integrated suite of applications plus secure, autonomous infrastructure by Oracle, to support the launch of its new businesses to market focused on 3D printing for manufacturing, structural health monitoring for critical infrastructure, and augmented reality to improve customer support.
For more than a century, Xerox has been a pioneer in office and production print technology. Xerox decided to expand its business portfolio by creating new and innovative businesses based on disruptive technologies as part of its strategy to address pressing societal issues. Xerox, on the other hand, had to spend more time than desired implementing the systems required to support a new business using its existing IT technology.
“Our vision is to launch breakaway businesses powered by breakthrough technologies as quickly as possible so that we can work to solve these problems facing our planet and society. In order to do that, we needed a unified cloud platform across the entire business. With Oracle Cloud and Oracle NetSuite, we have the underlying foundation in place, which will allow us to operate with agility and speed. We’re now able to quickly launch business models and processes on a single platform with no integration required.”– Naresh Shanker, senior vice president and chief technology officer, Xerox
Oracle Cloud Solutions
Xerox’s businesses can use Oracle Cloud and NetSuite to sell online, create orders, process invoices, track performance, execute financial planning, and send and receive data – all without involving the IT department. With these Oracle solutions, the new Xerox businesses will be able to provide much-needed capabilities such as industrial IoT for monitoring critical infrastructure, 3D printing for manufacturing, and augmented reality for customer support.
Jonathan Tikochinsky, executive vice president, strategic clients group, Oracle said, “For more than a century, Xerox has been at the forefront of business technology innovation. We’re proud to partner with the company as it applies that same dedication and expertise to solving pressing global issues.”
Boost the growth of its innovation businesses and allow them to quickly monetize services. Oracle Fusion Cloud Enterprise Performance Management (EPM) for budgeting and financial planning, NetSuite for finance and accounting, Oracle Commerce for an online storefront, and Oracle Cloud Infrastructure (OCI) for a full cloud infrastructure platform are all included. OCI provides Xerox and new businesses with access to a set of data management services built on self-driving Oracle Autonomous Database technology, delivering advanced analytics and automated patching, upgrades, and tuning, in addition to enabling integration in all directions via Oracle Integration. When researching potential new businesses, Xerox can also use the power of OCI High Performance Computing, and under OCI’s Universal Credits purchasing option, Xerox can mix and match any OCI services.
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