Published: Wed, October 04, 2017
Markets | By Noel Gibbs

Oracle's New Database Can Self-Protect, Self-Heal And Self

Oracle's New Database Can Self-Protect, Self-Heal And Self

Forming part of Oracle Cloud, the service is created to deliver a blockchain platform capable of providing added layers of resiliency, scalability and security for customers.

Oracle's autonomous database and cybersecurity solutions leverage machine learning (ML), a branch of artificial intelligence (AI). According to Theflyonthewall, Ragan says EPS can reach $4 to $5 in fiscal 2022 if Oracle can meet its goal of generating $20 billion in cloud revenue.

Founded in 1997, interRel Consulting is the longest-standing Hyperion partner dedicated exclusively to implementing Oracle Enterprise Performance Management (EPM) Cloud and Oracle Business Intelligence (BI) solutions for Fortune 500 and mid-size companies.

The launch of InsureTech's insurance platform in the cloud reflects the insurance industry's current digital revolution as firms seek to deliver an increasingly personalised, digital service to customers.

Oracle's blockchain cloud service will be generally available for customers to use by the end of the year.

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"The new AI capabilities combine first- and third-party data with advanced machine learning and sophisticated decision science to deliver the industry's most powerful AI-based modern business applications", declared Steve Miranda, head of application development at Oracle.

The technology that underpins Oracle's AI apps is the same across its product line: Oracle applies traditional statistics methodologies as well as neural network and machine learning techniques to different data sets for various scenarios, using open-source as well as its own algorithms.

Note: (October 2, 2017 11:02 a.m. EDT) This story was updated with additional quotes from Oracle senior vice president Amit Zavery.

"One of the missing pieces right now (for serverless) is a real open-source focal point", said Qullin, who also came to Oracle through a startup acquisition; StackEngine, where he was co-founder and CEO until the company was acquired in December 2015. At the time, Oracle introduced a new version of its cloud infrastructure service. Not just database, but also middleware, also analytics.

From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between. With the new capability, the Oracle Mobile Cloud can offer a richer and more contextual user experience, enabling bots to toggle between an unstructured conversation and a tailored and structured exchange of data. If a consumer wants to return a retail item, the Chatbox Instant App can gather all the information within the messaging platform - without the need for emails, downloads or phone calls. "We have saved millions and millions of dollars in annual IT costs", he said.

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"The number-one benefit of the cloud is speed-speed of innovation, not measured as how long it takes our individual developers to build something, but...how long it takes from when you have the opportunity until you get a software solution that supports that", Steve Miranda, executive vice president of applications development at Oracle, told attendees during his general session. The registry service is using a Docker V2-compliant API.

These bare-metal computing instances now are offered with 52 processing cores, up from 36 before, with more memory and much higher flash-memory block storage.

"The are all things customers use internally", Quillin said.

The company also detailed enhanced performance on Oracle's HCM, EPR and CX clouds, and new data lake, AI and data integration capabilities on Oracle's Big Data Cloud Platform.

The database and software giant has doubled down on its cloud strategy in the past few years and CEO Mark Hurd was at pains to stress the need to migrate, having previously described the transition as a decade-long process.

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