This week, much of the sales, marketing, product management and industry analyst teams at enterprise technology provider Oracle are in final preparations for next week’s annual Oracle Open World event being held in San Francisco.

Where else can you meet 50,000 Oracle focused fellow attendees.

Already, the stage is being set for building expectations. 

This week, Oracle announced its fiscal third quarter financial results to mixed reviews.  Total revenues were up 2 percent from a year earlier while earnings rose by 8 percent. Reported bright spots were applications software license and cloud computing related sales reported up by 5 percent. One area of continued concern however is Oracle’s hardware server and storage business unit, the former Sun Microsystems, where sales were reported as declining 7 percent from a year earlier.

Today, Oracle also announced general availability of Oracle E-Business Suite 12.2 that includes among other features new Online Patching capabilities that helps reduce planned maintenance down times.  Highlights of this release include order configuration enhancements within Oracle Order Management, streamlined mobile interfaces within Oracle Warehouse Management, usability and electronic kanban enhancements within Oracle Manufacturing Execution System.  Other enhancements were added to Oracle Purchasing and Oracle Supplier Lifecycle management.

Starting on Monday of next week, Supply Chain Matters will be once again attending and providing updates from Oracle Open World. Already, there are indications that the company we will announce an In-Memory Option for the Oracle Database, which Oracle CEO Larry Ellison claims will allowcustomers can simply flip on the in-memory switch and the database immediately scans data at tens of billions of rows per second.

starts scanning data at a rate of billions or tens of billions of rows per second

Readers can view our summary impressions and takeaways from last year’s 2012 Oracle Open World along with other related commentaries by searching on the term ‘Oracle” in our Search Block.

Stay tuned all of next week for periodic updates on impressions and events occurring at the 2013 Oracle Open World.