Tuesday, May 24, 2022

Xerox Selects Oracle Cloud to Launch ‘Disruptive’ Businesses

AUSTIN, Texas — Oracle Cloud is supporting Xerox’s launch of several tech businesses. 

Xerox selected Oracle Cloud to help it bring technologies to market focused on industrial Internet of Things (IIoT) 3D printing for manufacturing, structural health monitoring for critical infrastructure and augmented reality (AR) to improve customer support, according to Oracle this month.

Xerox decided to expand its business portfolio by creating innovative businesses based on disruptive technologies.

With its existing IT technology, however, Xerox spent “more time than desired to implement the systems needed to support a new business.”

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Xerox’s businesses can use Oracle Cloud services to perform various functions without any involvement from the IT department: sell online, create orders, process invoices, track performance, execute financial planning, and send and receive data.

Deloitte and Infosys worked with Xerox to implement a range of Oracle Cloud services to launch its businesses and 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 complete cloud infrastructure platform. 

OCI also enables integrations for Xerox via Oracle Integration and provides access to data management services built on self-driving Oracle Autonomous Database technology, delivering advanced analytics and automated patching, upgrades, and tuning. 

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“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,” said Naresh Shanker, SVP and CTO, Xerox.

“In order to do that, we needed a unified cloud platform across the entire business.” 

Shanker said that with Oracle Cloud and NetSuite, Xerox has 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,” Shanker said.

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