Saving Money Through Shared Services

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INFORMATION INDEPTH NEWSLETTERS Executive Strategy Weekly Edition August 11, 2010

SPECIAL REPORT Shared Services According to a new survey, more than one quarter of public sector CIOs reported they would introduce a new shared-services model and more than three-fourths plan to expand an existing model. Shared services are a great way to save money and expand services – and benefits certainly are not limited to the public sector. Read on to find out more from companies relying on Oracle solutions to move them to a shared services model, including how Oracle helped Verizon save one billion dollars. More... TECH DIVE Oracle On Demand IT Value Assessment Take this online self-assessment and immediately receive a benchmarking report that will help you understand how your current practices compare to the industry average. More... NEWS Larry Ellison Makes Giving Pledge: Read His Letter (PDF) "Many years ago, I put virtually all of my assets into a trust with the intent of giving away at least 95% of my wealth to charitable causes," writes Ellison. What else did he say? More... Win a 1GB Flash Drive! Mike Hichwa, the original developer of Oracle Application Express, will answer your questions about Oracle Application Express 4.0. Participants will automatically become eligible to win a 1 GB flash drive. Use Twitter to send questions to @OracleProfit using the hash tag #askprofit. More... Cloud Computing: The Future of Public Sector IT Around the world, public agencies are taking a page from the private sector. For years, private companies have been using cloud services to reduce overhead, scale appropriately, and customize solutions. Now public agencies are finding the same benefits. More... TWEET OF THE WEEK From @OracleBlogs Tom Kyte's Database Sessions at Oracle Develop and Oracle OpenWorld 2010 ow.ly/18uRol WEBCAST Inside the Sun Ray Don't miss OTN's Justin Kestelyn's chat with Sun Ray developer Craig Bender. Plus, read more about the Sun Ray Software 5 update in Profit's special virtualization report. OPINION New Strategies for Supply Chain Leaders "The accelerating rate of globalization, dependency on partners, increasing complexity and continuing economic volatility create opportunity for improvement, even among supply chain process maturity leaders," says Stuart Roy, Senior Director of Industry Strategy and Insight at Oracle. "But first, integration gaps need to be closed and collaboration capabilities extended across the supply chain." More... THOUGHT LEADERSHIP Five Ideas: Healthcare "In our industry, we have to create solutions for today's problems today. But we need to shift focus to new challenges with urgency as they present themselves tomorrow. If the need tomorrow is to track severe acute respiratory syndrome, E. coli, or any other viral or bacterial outbreak, we can rapidly tweak the existing dashboard to instead focus on those respective diagnosis codes with minimal effort." —Dan Gerena, director of BI and analytics at Kaleida Read more big ideas about Health Care on Profit Online.

FEATURED OFFER STAY CONNECTED   OracleMix Twitter Facebook YouTube  LEARN MORE Profit Magazine: August In 2005, Verizon launched a new business unit—Verizon Services Operations (VSO)—to centralize operations across all business divisions. Learn how VSO turned to Oracle to create a complete, standardized stack of technology on which to build its entire shared-services infrastructure—a process that has saved the company more than US$1.6 billion since 2006. Subscribe to the Monthly Executive Strategy Newsletter from Profit Online, and get the best of Oracle's executive content, blogs, podcasts, and in-depth articles from Oracle's Profit Magazine Get more news and opinion about Oracle applications and business strategy from Profit Online Get your free subscription to Profit Magazine: The Executive's Guide to Oracle Applications

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