09/04-10   -   Press releases

Oracle Introduces Oracle Primavera Portfolio Management 8

New Release Guides Organisations with Insight to Deliver Enterprise Portfolio Value

News Facts

- To help organisations chart the most efficient course to maximise the enterprise value of investments such as capital projects, software and systems development, new acquisitions and products, Oracle today announced the availability of Oracle´s Primavera Portfolio Management 8.

- The new release enables organisations to intelligently govern the selection of the optimal project or other investment portfolios, and successfully execute on all the selected projects and investments.

- New management and analysis capabilities within Oracle’s Primavera Portfolio Management 8 increase an organisation’s ability to proactively identify risks, analyse their impacts and take appropriate action through easily accessible data comparisons and trending analysis.

- Primavera Portfolio Management 8 provides organisations with transparency into why portfolio investment choices were made, as well as visibility of progress and achievement of those investments.

Delivering an “Enterprise Portfolio GPS"

- Oracle’s Primavera Portfolio Management 8 is the leading portfolio management software solution, providing unmatched versatility for enterprise portfolio management.

New capabilities within Oracle’s Primavera Portfolio Management 8 provide organisations with:

- Easy access to historical and future data: A new versioning capability enables organisations to easily monitor changes and check progress against past performance and future milestones, improving accountability and the success rate of delivering on expected returns.

- Faster portfolio analysis: Enhanced visual aids improve investment collaboration and comprehension, shortening the time between analyses and securing decision approval.

- A single enterprise system to manage multiple types of investments: Improved ability to intelligently manage multiple investment types enables organisations to so that they can make more timely decisions as they expand their portfolio management processes throughout the enterprise.

- Tighter metric thresholds provide earlier warning signs when investments are not performing as expected, enabling organisations to proactively adjust their plans. An earlier understanding of which investments are not performing well enables organisations to more quickly deploy additional resources to improve low-performing portfolio investments, or delay or cancel those initiatives and move resources to other efforts to maximise return on those investments.

- The new release features improved scalability and performance of the analytics server.

- Expanded integration through the Primavera Portfolio Management Bridge to Oracle´s Primavera P6 Enterprise Project Portfolio Management (http://www.oracle.com/us/products/applications/042373.htm) supports new options to summarise data for improved portfolio management, creating an end-to-end enterprise portfolio management solution that manages multiple types of investments including projects.

Supporting Quote

- “Organisations are under pressure to ensure that they are not only spending money on the right things, but also flawlessly executing on those investments," said Joel Koppelman, senior vice president and general manager, Oracle’s Primavera Global Business Unit. “With the launch of Oracle’s Primavera Portfolio Management 8, Oracle is effectively delivering an enterprise portfolio ‘GPS’ that gives organisations the information and capabilities they need to optimise both the selection and management of any type of investment. This is a very powerful combination that helps ensure that organisations maximise the value of their portfolios of investments."

Supporting Resources

- Oracle Primavera Enterprise Project Portfolio Management :
http://www.oracle.com/applications/primavera/index.html

- Oracle Primavera Portfolio Management :
http://www.oracle.com/us/products/applications/042375.htm

- Data sheet: Primavera Portfolio Management Bridge for Primavera P6 :
http://www.oracle.com/us/products/applications/042518.pdf

- Data sheet: Primavera Capital Planning and Investment Control Budgeting (CPIC) :
http://www.oracle.com/us/products/applications/042530.pdf

- Data sheet: Primavera Portfolio Management :
http://www.oracle.com/us/products/applications/042519.pdf

About Oracle

Oracle (NASDAQ: ORCL) is the world´s most complete, open, and integrated business software and hardware systems company. For more information about Oracle, please visit our Web site at http://www.oracle.com.