Oracle OpenWorld – Bryan Jester’s Experience

Oracle OpenWorld hosted annually in the Moscone Center in San Francisco ended yesterday with an estimated 41,000 attendees.  OpenWorld provides an opportunity for Oracle partners and customers to converge together and soak up everything that’s new and up-coming in Oracle’s realm. Aside from learning about the next-big-thing from Oracle during important keynote sessions, attendees have the opportunity to explore new Oracle technology and solutions in the exhibit hall, network with attendees from companies around the world who are innovating with Oracle and see new products and applications in action during demos.  

This year, APG sent 8 executives and managers to OpenWorld.

 I have attended OpenWorld for the past few years, and I always look forward to Oracle’s big announcements. Whether it’s a new product release, or the announcement of a new direction Oracle is taking, it’s always something juicy that we anxiously await. This year, it was the application release of The Oracle Contract Life Cycle Management (CLM), after over two years of development.  The product’s purpose is to close the gap around the traditional missing elements of the existing Oracle Federal Procurement Suite. The ability to have a fully integrated Federal procurement solution including all the requisite FAR components is an exciting addition to the Oracle Federal application environment.   

The full solution requires an environment of Oracle Federal Financials (Core Financial Apps including Purchasing) as well as iProcurement for self service requisitioning components, Sourcing for the RFQ type components, iSupplier for Vendor self service and Core Purchasing.  CLM will be the “replacement” for Oracle’s Procurement Contracts for the Federal market, and provide the FAR capabilities that were missing and had caused a large amount of work-arounds and process solutions that have been challenging in the Oracle Federal environment.   

CLM is a strong contender to round out the Oracle eBusiness Suite and provide a complete integrated solution from Procure to Pay for the Federal market.   Read more about it in Oracle’s Press Release: http://www.oracle.com/us/corporate/press/173773

We were able to catch up with a number of APG clients as well as network with Oracle executives.  Chris Kennedy, the CIO of The Presidio Trust (one of APG’s clients) attended OpenWorld and it was great to catch up.  APG’s senior management had a number of good meetings with Oracle’s Partner Network leadership, as well as with a number of our commercial partners in attendance at the conference. 

~Bryan Jester/Managing Director

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