Tuesday Aug 20, 2013

Oracle Expounds on Primavera Software Roadmap

Since acquiring Primavera in 2008, Oracle has worked on enhancing several features of its software, such as application integration and mobile functionality.

Looking to the future, Oracle seeks to provide more governance of the project portfolio management (PPM) application. Tony Banks, product director for Primavera software, spoke recently to TechTarget editor Lena J. Weiner about the roadmap for Primavera software.

In the video, Banks said that Oracle's goal is to continue to deliver "its vision" of a "true" enterprise PPM solution. According to Banks, that means "single platform, single vendor."

But Banks added that it also means being able to organize projects across all departments, capitalizing on similar business functions across departments while acknowledging specific business use cases. Watch the video for more details.

Friday Aug 16, 2013

SOLV Provides Accurate Risk Estimates for Oil and Gas Customers with Monte Carlo-based Simulation—Saves Customer US$550 Million

SOLV is an engineering consultancy and software developer based in the United Kingdom. It provides flow measurement engineering and consultancy services for fiscal, allocation, and process flow

measurement in upstream oil and gas production, pipelines, transportation, downstream petrochemical

refining, and power generation.SOLV’s experience stems from North Sea oil and gas, fiscal,

and allocation flow measurement, which is subject to stringent regulation by the

UK Department of Environment and Climate Change, the Norwegian Petroleum Directorate,

and other regulatory bodies.


- Provide accurate estimates of uncertainty around the measurement of oil and gas output from pipelines

to enable global oil and gas organizations to manage exposure to risk.

- Assess accuracy of oil and gas allocation to multiple partner organizations, working in oil fields with

shared interest throughout the world.

Read more


- Deployed Oracle Crystal Ball to perform Monte Carlo simulations to more accurately measure

the uncertainty around oil and gas flow measurement and calculate the probability that

measurements and allocations of oil to individual partners are correct.

- Saved one oil and gas client US$550 million by providing better risk estimates with the help of

Oracle Crystal Ball.

Read more….

"Oracle Crystal Ball enables us to use Monte Carlo simulation to estimate allocation uncertainties

in oil and gas flows and advise oil and gas clients on minimizing risk exposure."

– Martin Basil, Senior Flow Measurement Consultant, SOLV Limited

Read complete customer snapshot here.

Monday Jul 29, 2013

Upcoming Webcast Series: Drive project success with Enterprise Project Portfolio Management

With an increased focus on controlling costs, driving efficiency and minimizing risk, delivering projects that create measurable business value is becoming increasingly tough. Consistently delivering successful projects is vital to the financial success of any organization. Watch these exclusive Oracle Primavera webcasts, featuring expert insights and real-world case studies from across a range of industries showing how you can meet these challenges. Each webcast focuses on one of the three hottest topics in project portfolio management today:

  • Financial Discipline: learn how you can gain greater visibility and control of project finances
  • Operational Excellence: discover the key to increasing efficiency and reducing project costs
  • Risk Mitigation: understand how to overcome uncertainty and avoid costly project delays

If you need to deliver consistent project success, register for the webcasts today to learn how EPPM is helping organizations like yours do just that.

Register today, for the first webcast of this three part series, Financial Discipline: Take Control of Project Finances to Maximize Business Value, August 1st, 2013 – 2:00 p.m. ET

Wednesday Jul 17, 2013

Live Q&A Automotive Webcast: Make or Break: Why Auto Products Must Get to Market On-Time - July 30

According to a new industry forecast from Bank of America Merrill Lynch, automakers who replace their products faster stand to increase market share over the next four years.

But standing in the way of this opportunity is a daunting reality:

  • A four month delay in the auto industry for new products can translate into a cost of $1m per day of delay.

  • Lost profits due to delays can be as high as 60% over the product lifecycle.

So, how can automakers avoid these challenges and get to market on-time?

Join auto industry expert John Reichard
and learn about the importance of how planning, resource optimization and project management enables automakers to reduce development cycles and time-to-market.

 Live Date: Tuesday, July 30th 2013 / Time: 12:00pm EDT

Wednesday Jul 10, 2013

Oracle Receives a Positive Rating and Is Named a Leader in New Gartner Reports

Gartner, Inc. evaluated Oracle enterprise project portfolio management solutions in two reports recently.

The Gartner MarketScope for IT Project and Portfolio Management Software Applications, published in May 2013, gave Oracle a positive rating.
The IT project and portfolio management (IT PPM) products included in the Gartner MarketScope address the challenges of portfolio, program, project management office leaders; program/project managers; and resource managers. The report says that these groups continue to struggle with selecting IT programs and IT projects, prioritizing them, executing them at the right time, matching and/or balancing IT supply with IT demand, monitoring and reporting IT project status and IT expenditures to date, improving IT project execution efficiency, proactively addressing emergencies on IT projects, and tackling changes to the existing and planned IT projects triggered by shifts in business direction. Read the full Gartner MarketScope for IT Project and Portfolio Management Software Applications report.

Also in May 2013, Gartner named Oracle a Leader in its Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.
The report noted that “IT project and portfolio management (PPM) leaders are under extreme pressure to improve the speed, accuracy, and agility of their project organization, while also managing risks and costs. They are looking for software solutions that can support these seemingly conflicting objectives. For years, the IT PPM software market standardized on on-premises or traditional hosting for deployment of IT PPM software functionality, but with the continued maturity of the internet as an enterprise computing platform, on-premises and traditional hosting have given way to another viable option—cloud-based IT PPM application services deployment.” Read the full Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services report.

Read the complete article in the Oracle Information InDepth EPPM Newsletter here

*Read Oracle’s press release about the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.*


Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Friday Jun 28, 2013

Watch ON-Demand Oracle's 4th Annual Primavera Virtual Summit

Did you miss Oracle's 4th Annual Primavera Virtual Summit? Or, maybe you attended the virtual event live, but want to re-watch some presentations or download industry-specific assets - well you can! Watch and visit here, on-demand

This event is now available On-Demand for your convenience. Feel free to log-in anytime to listen again about:

  • New cloud based PPM solutions presentations.

  • Special Primavera Roadmap presentation- what's new and what's coming.

  • Customer stories highlighting their successes with Primavera Unifier, Oracle Instantis and Primavera P6 Enterprise Project Portfolio Management.

And don't forget to visit the Resource Library to check out all the latest product information, whitepapers, and demos which are all available to download and read at your convenience. During your visit to the Virtual Summit ON-Demand, we would appreciate you visiting the Networking Lounge and taking a few minutes to fill out the survey. We would really like to hear what you think.

You can also visit the Primavera Website for more information about the newest EPPM solutions and offerings.

Monday Jun 24, 2013

Uralelektrostroy Improves Turnaround Times for Engineering and Construction Projects by Approximately 50% with Better Project Data Management

LLC Uralelektrostroy was established in 1998, to meet the growing demand for reliable energy supply, which included the deployment and operation of a modern power grid system for Russia’s booming economy and industrial sector. To rise to the challenge, the country required a company with a strong reputation and the ability to strategically operate energy production and distribution facilities. As a renowned energy expert, Uralelektrostroy successfully embarked on the mission—focusing on the design, construction, and operation of power grids, transmission lines, and generation facilities. Today, Uralelektrostroy leads the Russian utilities industry with operations across the country, particularly in the Ural, Western Siberia, and Moscow regions.


  • Track work progress through all engineering project development stages with ease—from planning and start-up operations, to onsite construction and quality assurance—to enhance visibility into complex projects, such as power grid and power-transmission-line construction

  • Implement and execute engineering projects faster—for example, designing and building power generation and distribution facilities—by better monitoring numerous local subcontractors

  • Improve alignment of project schedules with project owners’ requirements—awarding federal and regional authorities—to avoid incurring fines for missing deadlines


  • Used Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.1 to streamline communication with customers and subcontractors through better data management and harmonized reporting, reducing construction project implementation and turnaround times by approximately 50%, on average

  • Enabled fast generation of work-in-progress reports that track project schedules, budgets, materials, and staffing—from approval and material procurement, to construction and delivery

  • Reduced the number of construction sites by nearly 30% (from 35 to 25) by identifying unprofitable sites—streamlining operations at the company’s construction site network and increasing profitability

  • Improved project visibility by enabling managers to efficiently track project status, ensuring on-time reporting and punctual project deliveries to federal customers to reduce delay penalties to zero

“Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.1 drastically changed the way we run our business. We’ve reduced the number of redundant assets, streamlined project implementation and execution, and improved collaboration with our customers and contractors. Overall, the Oracle deployment helped to increase our profitability.” – Roman Aleksandrovich Naumenko, Head of Information Technology, LLC Uralelektrostroy

Read the complete customer snapshot here.

Monday Jun 10, 2013

Oracle’s Vision for Project Management at the 2013 Oracle Primavera Virtual Summit

The 4th Annual Primavera Virtual Summit kicks off this Thursday, June 13 and will provide an exclusive insight into the industry-leading solutions designed to increase visibility and improve project performance.

For organizations that simultaneously undertake many large, complex projects, having accurate, real-time insight into performance and the ability to identify and mitigate risk is an integral part of driving success. To achieve this, many are turning to Enterprise Project Portfolio Management (EPPM) solutions.

During this one-day global event, attendees will get a chance to see how Primavera P6 EPPM and Primavera P6 Analytics 3.1 provide leading organizations with the visibility needed to help plan and execute projects more successfully.

Oracle’s 4th Annual Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, will be available on demand for a limited time after the event. Project managers in attendance will have the opportunity to earn Professional Development Units.

Monday Jun 03, 2013

Western University of Canada Controls Capital Projects with Oracle Apps

Western University of Canada was able to improve its capital project management practices & lower their IT costs with the implementation of Oracle Primavera solutions and Oracle PeopleSoft. Discover why they are a success story and how they were able to free up cash for re-investment in facilities and research for its 35,000 students and faculty.

Watch the video today!


Friday May 24, 2013

Oracle Primavera Showcases the Latest PPM Acquisitions at the 2013 Virtual Summit

At this year’s 4th Annual Primavera Virtual Summit, attendees will get the chance to learn about Oracle’s most recent Enterprise Project Portfolio Management (EPPM) acquisitions –including leading cloud based solutions Oracle Instantis and Primavera Unifier.

During this one-day, global event, Project Management Professionals in attendance will get detailed insight into how Primavera Unifier can help optimize and integrate business processes critical to project management.

They will also discover how Oracle Instantis can help organizations run multiple initiatives simultaneously, improve strategic alignment, and enhance project execution and gain financial discipline.

The 2013 Oracle Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, takes place on Thursday, June 13th and will be available on demand for a limited time afterwards. Project Managers in attendance will earn Professional Development Units throughout the event.

Want more information and to view the full agenda.

Register here for the virtual event.


Information and insights on project portfolio trends and best practices, including cloud project management.

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