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In the prepackaged software sector, Oracle Corporation (NYSE:ORCL) is king. During the fiscal year ending in May 2013, this company reported sales of $37.8 billion, giving it a small increase of just 0.2%. However, there is much ado about everything with Oracle, as its sales have only increased each of the previous five years, with sales increasing a total of 55% since 2008. This year, company sales are up 4.4%. And an announcement made by the company today may only see those sales skyrocket.

Featured Winner for Computer, Software Services

Oracle's week began with its naming as a featured winner in the software services and computer sector by The Street. This is because the company was able to push the industry higher. As a whole, the computer and software services industry closed out the beginning of the week up at 0.2%. End of trading saw Oracle Corporation rising $0.57, or 1.8%, to $32.34 on light volume.

Buy Recommendation Reiterated

The following day, August 27th, saw Oracle's buy recommendation being reiterated by The Street. A ratings report highlighted the facts behind this recommendation. In the most recent quarter, Oracle has only improved its earnings per share, and by 15.9% when it was compared to the same quarter in 2012. At this time, analysts expect that this trend in earnings share will continue as the company increased its bottom line in the past fiscal year. A slight improvement in a return on equity was also noted when compared with this quarter last year.

Impressive is the fact that, when compared with other companies in its market, Oracle's return on equity actually exceeds the industry average. It also exceeds the return on equity of the S&P 500.

Stock Profile Summary

At least one analyst has pointed to the fact that Oracle has much strength as a company. Not only has Oracle grown its earnings per share, but it also boasts impressive revenue growth. This company is expanding its profit margins and retaining its attractive valuation levels. In addition to this, its return on equity is notable.

While analysts do point to the fact that the company does harbor minor weaknesses - one of which is the underperformance of the company despite its revenue growth - they do not expect these weaknesses to impact results significantly.

For the period between Monday, July 29th, and Wednesday, August 28th, of this year, Oracle's statistical range is 1.8, with 1.42 being the coefficient variation. The last thirty days saw a median price for this stock being 32.57, and stockholders received dividends from the company on July 10, 2013.

As of August 28, 2013, Oracle stock closed at $31.81, putting it at an increase of 0.03, or 0.09%. Its range for today was between 31.70 and 31.91, with an average daily volume of 27,403,400.

PeopleSoft In-Memory Project Discovery

Oracle announced that its new solution, the People-Soft In-Memory Project Discovery, would help its customers turn mountains of unstructured data into information that can be deciphered, analyzed and processed.

The solution is intended to aid project performance as well as elevate revenues by improving the decision-making process. The solution is being offered via Oracle's human capital management applications unit, and translates unstructured data into structured data, making it easy to see how much of an aid it could be to those businesses needing to solve their challenges in unstructured data review.

The PeopleSoft solution will enable users to use Oracle's PeopleSoft Services Automation suite to analyze structured data, keywords and unstructured data. This can be accomplished by searching and filtering on any keywords that relate to resources and projects. Filters can be refined, and results can be displayed graphically in any PeopleSoft applications that are for the management of resources or projects.

The solution will run on two Oracle platforms: the Endeca Information Discovery and the Exalytics in-memory machine.

Oracle Hosting HCM At OpenWorld 2013

Oracle also announced that it would be hosting HCM at Oracle OpenWorld, being held in San Francisco this year. The company is doing this in order to assist HR professionals with maximizing their technology investments into HCM and improve their industry strength.

HCM @ OpenWorld promises to reveal how they can keep employees engaged for better and smarter performance, in addition to streamlining their operations and aligning employees for the achievement of common goals.

The event will bring customers, partners and prospects of the company together in one location to explore the innovations in HCM technology.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Source: New Project Unveiled By Oracle Will Enhance Decision Making