Oracle Corporation Australia announces the acquisition of intellectual property assets of Ndevr’s environmental reporting tool.
Local Oracle partner and developer, Ndevr has been providing greenhouse gas (GHG) and environmental solutions for Oracle JD Edwards EnterpriseOne and Oracle E-Business Suite customers.
With the IP acquisition, Oracle now adds environmental reporting and business intelligence (BI) capabilities to Oracle's ERP solutions.
Employing native Oracle technology, Ndevr has created a unified solution across ERP and BI systems, which is integrated to existing business processes and systems.
The tool allows organisations to use existing ERP solutions to tap into base financial data to provide accurate energy and emissions reporting.
Ndevr’s solutions will enable Oracle to deliver an improved ability to accurately model, capture, cost, analyse and report on carbon and environmental data.
This transaction is part of Oracle's ongoing commitment to provide best-in-class solutions for environmental compliance and efficiency, delivered as part of the intrinsic business processes of the organisation.
The combined solution is expected to enable customers to easily track emissions and other environmental data against reduction targets for both voluntary and legislated reporting schemes, and further extend Oracle's solutions for sustainability.