Welcome!

News Feed Item

Perusahaan Gas Negara Goes Live With Oracle Fusion Governance, Risk, and Compliance to Automate Enterprise-Wide Risk Management and Regulatory Compliance

REDWOOD SHORES, CA and JAKARTA, INDONESIA -- (Marketwire) -- 11/15/12 -- Oracle (NASDAQ: ORCL)

News Facts

  • PT Perusahaan Gas Negara (Persero) Tbk ("PGN"), Indonesia's largest natural gas transportation and distribution company, has successfully implemented Oracle Enterprise Governance, Risk, and Compliance Manager (Oracle Enterprise GRC Manager) and Oracle Enterprise Governance, Risk, and Compliance Intelligence (Oracle Enterprise GRC Intelligence), part of Oracle Fusion Applications.
  • PGN selected Oracle Enterprise GRC Manager and Enterprise GRC Intelligence to meet regulatory compliance, risk management and control requirements after conducting a multi-stage assessment of Oracle Fusion GRC in October 2011. The implementation was completed in June 2012.
  • PGN believes Oracle Fusion GRC help provide a clear picture of the PGN risk profile and identify risks of a critical nature and enabling an immediate and coordinated response. Furthermore, major casualties and other operational risks can be better predicted and mitigated using automated processes within Oracle Fusion GRC.
  • PGN has also implemented Oracle Enterprise Performance Management to integrate financial and operational planning processes and improve predictability.
  • Oracle's Siebel Contact Center and Service provides the backbone to PGN's customer service operations.
  • PGN teamed with KPMG, a Platinum level member of Oracle PartnerNetwork (OPN), for this project. KPMG provided implementation and integration services to PGN.

Built on a Standards-Based Platform for Risk Management and Compliance

  • Oracle Enterprise GRC Manager supports cross-enterprise, risk-based modeling, analysis, treatment and decision making, allowing organizations to embed clear accountabilities for risk management and control across the enterprise.
  • Combining qualitative and quantitative information in integrated dashboards and reports, Oracle Enterprise GRC Intelligence enables executives and managers to confidently identify and focus efforts on key risks and control issues including intelligence on access policy conflicts.
  • PGN uses Oracle GRC Manager and Oracle Enterprise GRC Intelligence with the Oracle E-Business Suite, designed on open, standards-based architecture to provide support for non-Oracle packaged applications and bespoke applications in heterogeneous multi-vendor environments.

Supporting Quotes

  • "In so many organizations, gathering the necessary information and obtaining clear visibility of a risk profile can be a cumbersome and costly undertaking," said Mr. M. Wahid Sutopo, Director of Investment Planning and Risk Management, PT. Perusahaan Gas Negara (Persero) Tbk. "By implementing Oracle Fusion GRC, we can manage risk better because we have a single source of information across the enterprise and can automate risk and compliance processes in a real-time manner."
  • "The greatest GRC challenge is creating a consolidated view of compliance, risk and internal controls," said Davian Omas, Country Manager Applications, Oracle Indonesia. "Oracle Fusion Governance, Risk and Compliance helps to address this challenge by preventing information silos and redundant tasks and providing the use of a single, consolidated repository for all GRC programs. This unified approach helps PGN establish the processes they will use for GRC initiatives, and also improve the predictability of their business results."

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info

Danielle Cormier-Smith
Oracle
+1.610.766.3463
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?