Free press releases distribution network?

More news: Software
Agency / Source: Oracle Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



SquareTwo Financial Goes Live with Oracle Engineered Systems – Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine - New systems help increase performance, availability and productivity of SquareTwo Financial’s sophisticated technology infrastructure (NASDAQ: ORCL) - SquareTwoFinancial.com / Oracle.com
SquareTwo Financial Goes Live with Oracle Engineered Systems – Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine

 

PRZOOM - /newswire/ - Redwood Shores, CA, United States, 2011/07/26 - New systems help increase performance, availability and productivity of SquareTwo Financial’s sophisticated technology infrastructure (NASDAQ: ORCL) - SquareTwoFinancial.com / Oracle.com. NYSE, NASDAQ: ORCL

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, has deployed Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine to run its custom built, mission-critical debt management software, ‘eAGLE.’

eAGLE is a sophisticated, proprietary system that helps make SquareTwo Financial a leader at analyzing, distributing and managing the data required to successfully purchase and liquidate debt.

eAGLE went into production on the Oracle Exalogic Elastic Cloud and Oracle Exadata engineered systems just 44 days after the end of the proof of concept.

Based on the initial proof of concept testing of Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine, the engineered systems are faster, more stable and extremely scalable, with a 9x improvement in response time and a 5x increase in concurrent users compared to the previous production environment.

eAGLE currently supports over 1,000 concurrent users processing over 400,000 transactions per day. eAGLE also uses Oracle Application Development Framework and Oracle SOA Suite and has 600 BPEL processes in production.

SquareTwo Financial chose Oracle Exalogic Elastic Cloud and Oracle Exadata engineered systems to reduce the complexity of its IT infrastructure, improve system availability and performance, increase productivity of its collection platform and rapidly bring to market new capabilities and revenue impacting services.

As pre-configured, pre-tested and tightly integrated engineered systems, Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine will help improve system reliability and response times and provide a better end-user experience for SquareTwo Financial customers.

Deploying Oracle engineered systems instead of custom-configured hardware and software products helps enable faster time-to-market, reduces risk and accelerates revenue potential for SquareTwo Financial.

Standardizing on Oracle technologies will also help SquareTwo Financial reduce maintenance and change costs with centralized monitoring and management and a single patch bundle.

SquareTwo Financial expects to gain additional revenue from both performance increases and new application deployment. In addition, the company is predicting operational cost savings.

Designed for large-scale, mission-critical deployments, Oracle Exalogic Elastic Cloud is a highly integrated hardware and software system combining cutting-edge processors and memory, an InfiniBand I/O backplane and integrated ZFS storage, with the market-leading Oracle WebLogic Server and other enterprise Java Oracle middleware products and is optimized for Oracle Applications. It runs a choice of Oracle Solaris or Oracle Linux operating system software.

An ideal machine for OLTP, data warehousing and consolidated workloads, Oracle Exadata Database Machine is a complete package of servers, storage, networking and software that is highly scalable, secure and redundant.

Supporting Quotes
“We are creating a new debt recovery infrastructure with Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine that will help us gain greater business agility, enhance forecasting, reduce the down time of our debt collection process, improve recovery rates and reduce costs,” said Bill Weeks, chief information officer at SquareTwo Financial. “The Oracle solution will also simplify our IT environment and improve overall performance and availability of our systems. In addition, we expect to reduce our operating costs by 60% and bring new products to market more quickly.”

“SquareTwo Financial is the perfect example of a financial services company that has mastered the use of technology to deliver better business solutions, gain a competitive edge, and improve operational efficiencies,” said Thomas Kurian, executive vice president, Product Development at Oracle. “We’re pleased that the SquareTwo Financial team has selected an Oracle solution to further increase the performance of the company’s sophisticated technology infrastructure.”

About Oracle
Oracle (oracle.com) is the world's most complete, open, and integrated business software and hardware systems company.

About SquareTwo Financial
SquareTwo Financial (squaretwofinancial.com) is a leader in the $100 billion asset recovery and management industry. Through its award-winning technology and unique Partners Network, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Fortune 500 companies in the health care, automotive, banking and credit card industries trust SquareTwo Financial to manage their debt portfolios. The company’s national network of legal partners is dedicated to treating consumers fairly and ethically. SquareTwo Financial is based in Denver, Colo.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Rick Roth, SquareTwo Financial
P: +1.303.713.2231 / E: rroth[.]squaretwofinancial.com.

Cori Keeton Pope, Keeton Public Relations for SquareTwo Financial
P: +1.303.282.4981 / E: cori[.]keetonpr.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Oracle Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


SquareTwo Financial Goes Live with Oracle Engineered Systems – Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Oracle | SquareTwo Financial
Contact: Jacki DeCoster / Eloy Ontiveros - Oracle.com 
650-633-7788 / 650-607-6458 jacki.decoster[.]oracle.com / eloy.ontiveros[.]oracle.c
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Oracle Corporation securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Oracle Corporation / Company Profile


Read Software Most Recent Related Press Releases:

Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company
Pegasystems Named Silver Winner for Best New Product of the Year in Best in Biz Awards 2016
Kentico Releases its Most Enterprise-Ready Solution Yet
OneLogin Delivers First-Ever Multi-Environment AWS User Resource Provisioning
Mahindra and IBM to Develop Blockchain Solution for Supply Chain Finance
Toyota Motor Corporation Approves Mentor Graphics Volcano™ VSTAR AUTOSAR Stack for Deployment in Toyota Vehicles
Wiley Launches New Spectra Lab Applications to Help Scientists Manage Analytical Data

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today