Microsoft, Oracle Partner to Boost Supply Chain Efficiency for Manufacturers with Real-Time Data

Microsoft Corporation (NASDAQ:MSFT) is one of the best big tech stocks to invest in now. On October 15, Microsoft and Oracle Corporation (NYSE:ORCL) announced a collaboration to enhance supply chain efficiency and responsiveness for manufacturers. The partnership focuses on developing an integration blueprint that will allow organizations using Oracle Fusion Cloud Supply Chain & Manufacturing/SCM to automate key supply chain processes and improve data-driven decision-making.

The solution achieves this by capturing live insights from factory equipment and sensors via Microsoft Azure IoT Operations and Microsoft Fabric. The integration blueprint connects real-time production data from the shop floor directly into enterprise workflows to accelerate response times, improve efficiency, and increase visibility into supply chain processes.

New capabilities include: Real-time intelligence and secure data flows, which help manufacturers improve planning, decision-making, and visibility; and Automated business events, which enable manufacturers to respond faster to production changes and reduce downtime. Furthermore, the collaboration will provide Standardized best practices, offering prescriptive guidance, pre-made integration guides, and reference architectures based on public APIs.

Microsoft Corporation (NASDAQ:MSFT) develops and supports software, services, devices, and solutions worldwide.

Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.