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4-Traders Homepage  >  Equities  >  Nyse  >  Oracle Corporation    ORCL

Delayed Quote. Delayed  - 10/21 10:01:24 pm
37.93 USD   -0.42%
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Oracle : Navis Appoints Raj Gupta as Chief Technology Officer and Senior Vice President of Engineering

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10/21/2016 | 06:06pm CEST

Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the worlds leading terminal operators, today announced that Raj Gupta has joined Navis as Chief Technology Officer and Senior Vice President of Engineering. Gupta brings with him more than 20 years of experience in leading software development organizations in both large enterprise applications companies like Oracle and small entrepreneurial start-ups.

Prior to Navis, Gupta served as Senior Vice President of Engineering for enterprise software company Nice Systems. In this role he was responsible for defining and delivering the organizations SaaS product strategy, transforming Nice Systems into a global product development organization, and accelerating innovation. Before that, Gupta served as Vice President, Engineering and Operations at Oracle, where he spent more than a decade leading the development and implementation of enterprise software, SaaS products, cloud infrastructure, business intelligence and on-demand applications.

We are thrilled to have Raj join Navis to lead our technology and engineering organization. Raj brings extensive experience in improving quality, migrating applications to SaaS platforms, and integrating applications into a seamless architecture and user experience, said Scott Peoples, Senior Vice President and Chief Products Officer, Navis. Our goal at Navis is to transform the global container supply chain and provide high value software applications to ocean carriers, container terminals and shippers. Raj will play a significant role in helping us build the world-class software development organization that will serve as the critical foundation for this vision.

As Chief Technology Officer and Senior Vice President of Engineering, Gupta will be pivotal in ensuring that Navis current and future R&D investments lead to products that deliver maximum value for the global maritime shipping industry. Under Guptas leadership, Navis will continue to invest in the Navis N4 Terminal Operating System (TOS) in order to better serve customers as they grow and automate their operations in the future. At the same time, he will also be responsible for helping to execute on technology strategy for XVELA following the recent acquisition of INTERSCHALT, delivering cloud-based solutions for vessel stowage and planning unlike anything available on the market today.

"For nearly three decades, Navis has not only maintained strong market leadership, but has also responded swiftly to evolving customer needs, resulting in several product lines that today deliver transformational value across the global supply chain, said Gupta. I am thrilled to step into this position and work jointly with other members of the leadership team to take customer value and satisfaction to the next level.

(c) All KUNA right are reserved 2016. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 37 613 M
EBIT 2017 15 869 M
Net income 2017 9 273 M
Finance 2017 3 294 M
Yield 2017 1,54%
P/E ratio 2017 17,75
P/E ratio 2018 16,16
EV / Sales 2017 4,05x
EV / Sales 2018 3,85x
Capitalization 155 727 M
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Oracle Corporation Technical Analysis Chart | ORCL | US68389X1054 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 44,6 $
Spread / Average Target 18%
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Safra Ada Catz Co-Chief Executive Officer, CFO & Director
Mark V. Hurd Co-Chief Executive Officer & Director
Lawrence Joseph Ellison Executive Chairman & Chief Technology Officer
Karl Braitberg Senior Vice President-Worldwide Operation
Mark E. Sunday Chief Information Officer & Senior Vice President
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