PricewaterhouseCoopers Teams With Oracle to Help Organizations Architect Enterprise-Wide Business Transformation

PwC and Oracle Team to Bring Integrated, Technology-Supported Approach to Address the Impact of Change Across the Enterprise


NEW YORK, Nov. 8, 2007 (PRIME NEWSWIRE) -- PricewaterhouseCoopers LLP today announced that they are teaming with Oracle to leverage PwC's business advisory services and Oracle's technology to help organizations realize large scale, enterprise-wide transformational change. PricewaterhouseCoopers' advisory professionals will help clients anticipate, create and manage the impact of change on their organization, and will leverage technology to support and sustain effective change and business transformation.

"An accelerated rate of change, greater complexity and increased transparency have created new risks and opportunities in the market and led to an increase in business model restructuring," said Juan Pujadas, U.S. Advisory leader and managing partner, PricewaterhouseCoopers. "C-suite executives across industries are rushing to take advantage of a continually changing global marketplace and are looking for ways to fast-track value creation. PwC brings industry experience and fact-based consulting to help clients implement and sustain change across the enterprise -- and technology is a critical component to support and streamline business transformation."

PricewaterhouseCoopers will take an integrated, holistic approach to deliver business advisory services focused on helping clients in such areas as corporate performance management; human capital management; business intelligence; governance, risk and compliance; security, controls and access management; finance transformation; and the strategic deployment and use of Oracle's business applications and enabling technologies.

To demonstrate its commitment to providing clients with large scale, enterprise-wide consulting services that will include the implementation and integration of Oracle technologies, PricewaterhouseCoopers will participate as a Platinum sponsor of Oracle(r) OpenWorld 2007, taking place November 11-15, 2007 at the Moscone Center in San Francisco, CA. PwC's commitment to the event includes:



 * Three session keynote speakers on issues of primary importance to
   global businesses dealing with the inevitability and impact of
   change:

    -- "Getting Back to Business: Integrating Governance, Risk and
       Compliance Activities" presented by PwC partner Miles Everson;

    -- "Budgeting and Forecasting: Critical Differentiators for
       Corporate Performance Management" presented by PwC director
       Gordon Lunsford; and

    -- "The Enterprise Challenge of Role Management" presented by PwC
       principal Gary Loveland.

 * Seven co-presenters and panelists in various educational sessions
   discussing case studies and best practices across the areas of
   governance, risk and compliance automation; risk-based approaches
   to regulatory compliance; global transaction tax management
   strategies; data protection and privacy technologies; and
   configuration and controls for Oracle and PeopleSoft.

 * A kiosk focused on data security and role management in the
   Security, Risk and Compliance Pavilion and a large exhibit area
   designated as an "educational lounge" in Moscone West, Booth 3748,
   where attendees can learn more about PwC's business advisory
   services and the benefits of the relationship with Oracle.

"The key to our relationship with PwC is the integration of proven processes, methodologies and experience with world class technology," said Rauline Ochs, senior vice president, North America Alliances and Channels at Oracle. "PricewaterhouseCoopers is a leader in providing business advisory services to some of the world's largest organizations, and by combining PwC's in-depth business and industry knowledge with Oracle's comprehensive suite of technology solutions, our mutual clients will gain an enterprise-wide approach to business issues, reduce costs, and optimize performance."

About PricewaterhouseCoopers

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

"PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

Oracle is a registered trademark of Oracle Corporation and/or its affiliates



            

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