Oracle Signs Agreement with Midwestern Higher Education Compact

Agreement Empowers Higher Education Entities to Embrace Digital Transformation with Easy Access to Oracle Solutions and Services

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Mar 21, 2018, 08:00 ET

REDWOOD SHORES, Calif., March 21, 2018 /PRNewswire/ -- Following a competitive sourcing event, Oracle today announced that it has been awarded a contract by the Midwestern Higher Education Compact (MHEC). Effective immediately, the contract provides discounts on Oracle Cloud, licenses, hardware, education, consulting and support services for public and not-for-profit colleges and universities across MHEC's 12 member states.

The contract also extends to MHEC's sister compacts: the New England Board of Higher Education, the Southern Regional Education Board, and the Western Interstate Commission for Higher Education.

"We are extremely pleased to have signed a contract with Oracle," said MHEC President Larry Isaak. "MHEC anticipates significant cost savings for higher education institutions throughout not only our Midwest region, but nationally, as this contract provides an easier path for purchasing needed Oracle products."

Through the use of the Compact's programs and contracts, public and private not-for-profit education institutions, school districts, state and local governments, and students have achieved significant cost savings and also benefit from collective knowledge and best practice solutions.

"MHEC and its sister compacts have provided exceptional value to their member states and institutions for many years and we are proud to collaborate with them to deliver leading solutions to our mutual customers," said Jim Zemaitis, vice president, Oracle Higher Education and Research. "Our new agreement offers even more product and services to higher education institutions that can be consumed rapidly at exceptional price points, with a competitively-awarded contract and negotiated pricing. We have jointly accelerated the value we can provide to the academic, administrative and research areas in support of the students, faculty and staff."

Oracle Research and Higher Education's mission is to help institutions worldwide enrich the learning and research experience with innovative cloud solutions that enable student success and institutional sustainability. To learn more visit: http://bit.ly/2D7Z7wU

About MHEC
Legislatively created, the Midwestern Higher Education Compact's purpose is to provide greater higher education opportunities and services in the Midwestern region. Collectively, MHEC creates solutions that build higher education's capacity to better serve individuals, institutions, and states by leveraging the region's expertise, ideas, and experiences through multi-state: convening, programs, research, and contracts. Member states are: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. www.mhec.org

Additional contract details and eligibility information can be found on the MHECtech website (http://www.mhectech.org/), or contact Nathan Sorensen, director of government contracts, at (612) 677-2767.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

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SOURCE Oracle