Oracle Releases Imaging and Process Components for Fusion Middleware
Two new components of Oracle Fusion Middleware, Oracle Imaging and Process Management 11g and Oracle Forms Recognition, will in theory allow businesses to better automate document- and image-centric processes such as accounting and claims processing. Imaging and Process Management 11g also offers solution templates and streamlining for processes involving paper-based and electronic transactions. As Oracle moves into 2010 looking to build on its financial successes from late 2009, it still faces the need to integrate its Sun Microsystems acquisition while challenging IBM in the systems arena.Oracle released two new components for its Oracle Fusion Middleware, Oracle Imaging and Process Management 11g and Oracle Forms Recognition, on March 15. The new applications allow businesses to automate document- and image-centric processes such as claims processing. Specifically, Oracle Forms Recognition apparently possesses the ability to recognize and categorize the structured and semistructured documents that filter through a typical office setting, including invoices and purchase orders. Paired with Imaging and Process Management 11g, which preintegrates business processes with software platforms such as Oracle E-Business Suite and facilitates standards-based integrations and deployments based on an SOA (service-oriented architecture) and a Java EE (Java Platform, Enterprise Edition)-compatible infrastructure, the applications continue Oracle's broad-based initiative to offer its customers a comprehensive, all-in-one stack for various business processes.
In addition, Imaging and Process Management 11g allows businesses to streamline and make more efficient those processes involving paper-based and electronic transactions, and offers solution templates with predefined workflows and process rules.