Rimini Street shows off its first quarter report
Independent enterprise services provider Rimini Street announced its first quarter financial results on May 1. The company had record highs in net revenues, deferred revenues, active clients and number of clients, choosing multi-year, non-cancellable service periods. The net revenue of its first quarter of 2014 increased 40.6% year over year to $18.5 million. Deferred revenue increased 40% year over year to $60.7 million. The company now has more than 550 active support clients. For further details, click here.
Oracle releases new Customer 2 Cloud service
On April 30, Oracle released its new Customer 2 Cloud service, designed to help organizations transition from on-premises to cloud implementations. It provides flexible financial models, rapid startup services and packaged cloud integrations. With the packaged integrations between popular cloud and on-premises services, Customer 2 Cloud is also intended to help customers who want to configure a hybrid cloud environment. Customer 2 Cloud provides the ability to redirect existing Oracle Applications investments toward applications in the Oracle Cloud.
It is open to Oracle CRM and Oracle HCM customers running Siebel, E-Business Suite, PeopleSoft and JD Edwards. Customers can use existing on-premises support spends to adopt Oracle Customer Experience Cloud and Oracle Human Management cloud services within the same product family as the pre-existing on-premises support. To learn more, click here.
Oracle checking for Heartbleed security leaks
Oracle issued a comprehensive list of its software that depends on OpenSSL, and thus is potentially susceptible to the Heartbleed bug. The list includes 100 programs that it claims are completely free and clear, but many more are still being tested. Oracle is offering fixes for some, but not all, of the affected products. The fixes are available as downloadable patches, but are only available to products covered under the Premier Support and Extended Support phases of the lifetime support policy. The products with downloadable patches available include Oracle Communications Network Charging and Control 5.0.1, Oracle Explorer, Oracle Linux, MySQL Enterprise Backup 3.10.0 -- in total 19 products as of yet. For a full list of the products that are and are not affected, click here.