November 12 at the JW Marriott Hotel Absheron Baku will be an Oracle Banking Forum.
The event will be held by the representative office of Oracle in Azerbaijan Oracle and sponsored by companies Force Europe, RISK and Ultra. Participants invited leaders and IT- specialists of the companies of the financial sector of Azerbaijan, banks, insurance companies and credit institutions.
Presentations and discussions will cover such topics as the management and analysis in finance, CRM systems and HCM, Risk Management, Procurement Management , and Performance Management.
For effective storage, management, integration, processing, and use of business information, Oracle now offers a variety of software products , which are divided into three product lines . First - business applications, including vertical applications for banks, as well as the application of ERP and CRM (Oracle, Siebel, Hyperion, FlexCube, Reveleus , etc.). The second - an integrated platform application server Oracle Fusion Middleware, designed for efficient development and use of applications, and includes more than 40 pre-integrated products. The third is the database management system Oracle Database.
Work with the financial sector is one of the key areas of Oracle in Azerbaijan. A number of companies have traditionally works with Oracle, as some banks implemented the solution Siebel CRM, which once again proves the high demand for this product in the market. Also , by using Oracle tools are upgraded and the expansion of remote services in a number of other organizations of the financial sector.
For registration to participate in the Oracle Banking Forum please email gunel.zimova@oracle.com. - 17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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