UCLA settles Oracle ERP dispute with $3.1M in credits and $1.31M wiped off the bill

The University of California, Los Angeles (UCLA) has reached a settlement with Oracle over a dispute regarding the university's use of Oracle's cloud software. The settlement includes $3.1 million in credits and a $1.31 million reduction in the university's bill. UCLA had alleged that the software could not meet its needs after years of delays in a financial systems overhaul.