Primavera Launches Project Portfolio Management Cloud Services Accelerators for Financial Services, Public Sector, and Engineering and Construction Industries
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Primavera Launches Project Portfolio Management Cloud Services Accelerators for Financial Services, Public Sector, and Engineering and Construction Industries

WASHINGTON, DC -- (Marketwired) -- Mar 25, 2015 -- ORACLE INDUSTRY CONNECT -- Organizations across industries are managing unprecedented change, whether due to increasing regulations, shifting competitive environments, or the need to constantly innovate. And these companies all have two things in common -- any transformation must happen quickly, and the solutions deployed must be finely tuned to match how they work. In response to this need, Oracle (NYSE: ORCL) has launched three new cloud services accelerators for enterprise project portfolio management (EPPM) in the financial services, public sector, and engineering and construction industries. Combining the proven history of Oracle's Primavera products with Oracle's cloud expertise, these purpose-built accelerators enable organizations to effectively address the challenges associated with managing project, program, portfolio, and contract lifecycles in their respective industries.

"Gone are the days of one-size-fits-all project and contract management tools. Our customers need cloud-based, specialized solutions that fit how they do business, get them up and running quickly with industry best practices, and provide the flexibility and power to change and grow with their needs. That's why we have launched these three process- and industry-specific accelerators. With this announcement, we are looking to the cloud as the catalyst that will enable our customers to use EPPM to transform their organizations at the speed that they demand," said Mike Sicilia, senior vice president and general manager, Primavera Global Business Unit, Oracle.

The three new cloud services accelerators include:

At Oracle Industry Connect in Washington DC, these accelerators will be on display and discussed in the conference's Primavera track, which begins with a keynote on Wednesday, March 25, from 3:45 p.m. to 5:45 p.m.

Additional Information
To learn more about Oracle's Primavera solutions, connect on Twitter at @OracleEPPM and on Facebook at facebook.com/oracleprimavera.

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