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.

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

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.