Oracle Corporation announced the general availability of two new Oracle In-Memory Applications for Oracle's PeopleSoft: Oracle's PeopleSoft In-Memory Financial Position Analyzer and Oracle's PeopleSoft Financial Allocations Analyzer. Optimized from the ground up to take full advantage of the processing capabilities of Oracle Engineered Systems such as Oracle Exadata Database Machine and Oracle SuperCluster, these new applications enable real-time simulations designed to help the office of the CFO drive business performance through faster, more strategic decision making. Using simulation analysis and comparisons, organizations can discover business growth opportunities and capitalize on them, can reduce potential cost risk and take corrective action during the financial period.

In addition, with an intuitive interface and powerful processing throughput, the applications enable users to process data, conduct analysis and compare financial results faster, enabling them to make quicker and smarter decisions that can positively impact their organization's bottom line. Leveraging a closed loop process, business rule changes evaluated in simulations can be automatically deployed into production simply by selecting the desired scenario. Oracle's engineered systems, servers and storage are engineered together with Oracle Database, Oracle Fusion Middleware and Oracle Applications to offer faster performance, greater efficiency, higher availability and near-unlimited scalability.

By owning the entire stack from application to disk, Oracle can engineer, test, optimize and deliver a rich set of exclusive features and application accelerators. Running Oracle software on Oracle hardware, customers can lower the total cost of ownership, mitigate risk, improve user productivity and leverage Oracle Enterprise Manager to streamline management while benefiting from the value of a single point of accountability. These two Real-time Bottom Line In-Memory Applications are yet another example that Oracle Applications run best on Oracle systems.