Core Technology Group Pioneers Virtual Private Network in Oracle Corp.'s Business OnLine

Strategic Insights -

California-based systems integrator Core Technology Group, with 125 employees, has set a new record for rapid implementation by adopting Oracle Corp.'s Business OnLine (BOL) with a Virtual Private Network (VPN) connection. The move aimed to address integration and functional limitations in their previous financial applications, allowing for better project-based financial examination. By outsourcing database and application server management to Oracle, the company reduced its IT expenses by $35,000 per month and achieved a secure, efficient solution for sensitive financial information.

Key Takeaways:

  • Core Technology Group became the first firm to use a Virtual Private Network to support Oracle Corp.'s Business OnLine (BOL), a hosted offering from the software supplier.
  • The company made the change to address integration and functional limitations in their previous financial applications, which hindered project-based financial examination.
  • Oracle applications were selected for their flexibility and ability to generate various reports, and for eliminating the need to hire database and systems administrators.
  • The firm reduced its IT expenses by $35,000 per month by outsourcing database and application server management to Oracle.
  • A VPN connection ensured secure encryption of information as it moved from place to place, meeting data security checks.
  • The implementation was completed in just one week, setting a new record for the systems integrator.
  • Core Technology Group plans to expand its use of Oracle applications, replacing existing accounting and project applications with Oracle solutions by July.
  • Established in 1985, Core Technology Group specializes in eSolutions and has a strong track record with major companies such as Plantronics, Specialized Bike, and Novell.

Statistics:

  • $35,000: Monthly reduction in IT expenses by outsourcing database and application server management to Oracle.
  • 1 week: Time taken for the implementation of Oracle's Business OnLine with a Virtual Private Network.
  • 125: Number of employees at Core Technology Group.
  • 1985: Year Core Technology Group was established.
  • 15,000: Initial estimated monthly savings from outsourcing database and systems administration tasks to Oracle.
  • 20,000: Additional monthly savings from outsourcing systems administration tasks to Oracle.

Sources:

  • Business Wire, April 16, 1999
  • Core Technology Group, www.coretec.com
  • Oracle Corp., Business OnLine (BOL)