Oracle Corporation (NYSE:ORCL) To Provide Data Security

Posted by Chris Bell October 4, 2013 0 Comment 809 views


With the vast quantities of data that now have to be accessed and processed by companies on a daily basis, data security has become one of the main concerns as it relates to information and technology. The Oracle Corporation (NYSE:ORCL) has now put its sought to put measures in places to give peace of mind to its many clients and one step in this direction is the implementation of the Worldwide Web Provenance Standard in the latest release of its Oracle Fusion Advanced Control software.

By adopting the W3C standard for data provenance, Oracle Corporation (NYSE:ORCL) is ensuring that companies have a greater control over the data they access on their servers especially as it relates to whether the data and its sources can be trusted. The standardization also allows companies and the partners they collaborate with to create and share data more easily across systems using a single control solution. From a technical standpoint, this allows for greater systems security and better data management, storage and control and such occurrences as information leakage and violation can be prevented. When viewed from the business perspective, the elimination of the need for customization in the systems of each partner to handle the data will reduce expenses and help with profitability; greater efficiency and effectiveness usually translates to greater earnings.

Chris Leone, vice president of Oracle Application development has reaffirmed the Oracle Corporation (NYSE:ORCL) commitment to “help organizations efficiently and effectively manage ever increasing amounts of data” and also stated that “Oracle is committed to open standards that support both on-premise and cloud-based integrations.” With this kind of focus on meeting customer demands and helping companies properly handle their daily data traffic, Oracle Corporation (NYSE:ORCL) is ensuring that it remains one of the leading and most trusted software providers in the market place today.



About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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