Oracle announced its tech deal with Xerox for the deployment of Oracle Cloud to support the launch of new businesses.
Xerox will be using Oracle Cloud solutions for bringing new technologies to market focused on 3D printing for manufacturing, structural health monitoring for critical infrastructure, and augmented reality to improve customer support, said Jonathan Tikochinsky, executive vice president, strategic clients group, Oracle.
“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,” said Naresh Shanker, senior vice president and chief technology officer, Xerox.
With Oracle Cloud and NetSuite, Xerox’s businesses can sell online, create orders, process invoices, track performance, execute financial planning, and send and receive data – without any involvement needed from the IT department.
Armed with these Oracle solutions, the new Xerox businesses will be positioned to deliver much-needed capabilities, including industrial IoT to monitor critical infrastructure, 3D printing for manufacturing, and augmented reality for customer support.
Xerox has worked with Deloitte and Infosys to implement a range of Oracle Cloud services to fast-track the launch of its innovation businesses and enable them to quickly monetize services.
This includes 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 cloud infrastructure platform.