1. Chicago Public Schools adopts Oracle Fusion Cloud Applications for efficiency. 2. The system aims to enhance finance, HR, and supply chain processes. 3. Oracle's AI-powered applications are expected to reduce costs and improve employee experience. 4. CPS seeks to standardize processes and improve overall productivity. 5. Oracle's technology aligns with demands for operational efficiency in education.
The adoption of Oracle's cloud applications by a major school district indicates strong demand and market relevance. Historical precedents show that large institutional contracts boost investor confidence and drive stock performance.
This news represents a significant win for Oracle in the public sector, likely influencing future sales and stock performance as other districts look for similar solutions.
The implementation of Oracle's suite positions the company for long-term growth as more organizations transition to cloud solutions. With continued pressure in education to optimize budgets, the demand for Oracle’s efficient solutions is likely to grow over time.
AUSTIN, Texas, May 14, 2025 /PRNewswire/ -- Chicago Public Schools (CPS) has chosen the Oracle Fusion Cloud Applications Suite to enhance its mission of delivering high-quality public education that prepares every child for college, careers, and civic engagement. By utilizing an integrated suite of AI-powered cloud applications to manage finance, human resources, and supply chain processes, CPS aims to boost productivity, help reduce costs, improve the employee experience, and create a more agile and efficient school district.
To enable the continued delivery of high-quality public education while maintaining financial stability, enhancing transparency, and improving efficiency, CPS recognized the need to replace its outdated on-premises applications. After thorough evaluation, CPS decided to standardize on Oracle Fusion Applications and implement a cloud-based system powered by AI for finance, HR, and supply chain management.
"We are excited to enter a new era of efficiency that will unlock exciting possibilities for our community," said Charles Mayfield, CPS chief operating officer. "With Oracle Fusion Applications, we can utilize advanced AI and automation features to enhance the speed and accuracy of our business processes. This will help us boost productivity and allocate resources more effectively to ensure more resources are available for our students."
With Oracle Fusion Cloud Enterprise Resource Planning (ERP), CPS can automate finance processes to boost productivity, help reduce costs, mitigate risks, and enhance financial controls. Additionally, Oracle Fusion Cloud Human Capital Management (HCM) will centralize all HR processes, improving the employee experience, expanding workforce insights, and enhancing management across the district.
"Public schools are under increasing pressure to operate efficiently while maximizing educational outcomes," said Steve Miranda, executive vice president of Applications Development, Oracle. "With Oracle Fusion Applications, Chicago Public Schools can standardize on a single platform, implement automation, and leverage the latest AI innovations to unlock significant productivity gains, increase employee engagement, and improve educational outcomes for the community it serves."
Oracle Fusion Applications Suite enables organizations to take advantage of the cloud and the latest advancements in predictive, generative, and agentic AI to break down organizational silos, standardize processes, and manage finance, HR, and supply chain data on a single integrated cloud platform. To learn more about Oracle Fusion Applications Suite, please visit: oracle.com/applications.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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SOURCE Oracle