On Wednesday, Shares of Oracle Corporation (NYSE:ORCL), gained 2.02% to $43.94.
Communications service providers (CSPs) know they must quickly transform from a static and network-device-centric service model to one that is dynamic and cloud-centric by leveraging advancements in software defined networking (SDN) and network function virtualization (NFV). This shift is especially critical for CSPs that provide services to business customers because setup and delivery can be highly manual and costly, and businesses can’t control how much or how little of the resulting network they use. Oracle Communications, in partnershipwith InfoVista and Juniper Networks, will lead a Catalyst project at TM Forum Live!, “Zero-Touch Network as a Service: Agile, Assured, and Orchestrated with NFV,” that squarely addresses this challenge.
This Catalyst project — which will be showcased at the conference June 1 through 4, 2015, in Nice, France — provides CSPs with a blueprint for simplifying and standardizing how they can deliver network services to business customers and give those customers direct control over how they consume those services. Using this on-demand network-as-a-service (NaaS) offering as an example, the Catalyst will show CSPs how to:
- Implement such services while their underlying network evolves from physical to hybrid with the deployment of virtualized customer premises equipment (vCPE)
- Create the agility in business processes and systems that can enable CSPs to realize the benefits of an increasingly dynamic network, powered by SDN and NFV technology adoption
- Efficiently integrate the network with essential business processes, counting customer relationship administration and customer billing, to better monetize and manage such services throughout their lifecycle.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It provides software and hardware systems, and related services to manage their cloud-based or on-premise IT environments, in addition to to deploy cloud software-as-a-service, platform-as-a-service, and infrastructure-as-a-service.
Shares of The Procter & Gamble Company (NYSE:PG), inclined 0.81% to $79.54, during its last trading session, on reports that it received bids from Coty (COTY) and Germany’s Henkel to buy separate parts of its beauty business, according to Reuters.
Coty is a global beauty products manufacturer located in New York City, and Henkel is a consumer product company based in Dusseldorf, Germany.
While Coty presented bids for P&G’s fragrance unit and its cosmetics business, Henkel made an offer for P&G’s haircare business.
The beauty businesses could be worth up to a total of $12 billion.
As P&G’s CEO A.G. Lafley looks to cut costs, the bids bring the company “one step closer to shedding several assets it considers non-core, Reuters noted.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
Finally, Weatherford International plc (NYSE:WFT), ended its last trade with 4.74% gain, and closed at $14.37, as oil prices rose on Wednesday after U.S. government data confirmed a big weekly drawdown in crude inventories and on signs that U.S. oil production growth was leveling off after several years of sharp enhances.
Brent crude prices rose US$1.48 to a two-week high of US$66.36 a barrel and were trading at about US$65.80, up 92 cents, by 10:45 a.m. U.S. light crude was up 90 cents at US$61.04.
Weatherford International public limited company provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide.
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