The leading system integrator of Azerbaijan's Ultra became a "platinum partner" of Oracle.
Status "Oracle Platinum Partner" awarded to companies that have made more progress in the areas of implementation and use of the products Oracle, as well as having a highly qualified technology Oracle. To qualify as a "Oracle Platinum Partner" partners candidates need to fulfill some conditions, as well as to improve their skills. The company Oracle, founded in 1977, is engaged in the development of database management systems, the coordination of software and business solutions ERP (Enterprise Resource Planning) and CRM (System Customer Relationship Management), as well as solutions for specialized areas.
One of the popular products of the company is the Oracle Database (Database Oracle), produced and perfected since the founding of the company.
Recall, the company Ultra in 2010, she was awarded the status of "Gold Partner" of Oracle. - 17D-
Economics
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Vahid Magerramov, Head of the Public Association for Support of Agrarian Reforms, has raised concerns over rising consumer prices in Azerbaijan, warning that the inflation trend could have serious economic consequences for the country.
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Silk production in Azerbaijan decreased by 32.9% year-on-year in the first eight months of 2024, reaching 239.4 tons, according to data released by the State Statistics Committee. The decline was attributed to a reduction in the number of silkworm seeds distributed to farmers, reflecting a longer-term trend in the sector's contraction, noted agricultural expert Vahid Maharramov.
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Sunniya Durrani-Jamal has officially taken office as the new Country Director of the Asian Development Bank (ADB) in Azerbaijan, succeeding Candice Mcdagan, who held the position since 2021. Durrani-Jamal brings over 25 years of professional experience, including 16 years in senior roles at ADB, to her new position. She previously served as ADB’s Regional Director in Cambodia and Senior Advisor to the Vice President for East Asia, Southeast Asia, and the Pacific.
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Azerbaijan's drive to diversify its economy is faltering, despite years of policy announcements and state programs aimed at reducing reliance on the energy sector. The country has struggled to implement effective diversification measures, leaving it vulnerable to external economic pressures, analysts said.
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