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Oracle integrates generative AI into technology stack for comprehensive enterprise use

As of: 24.01. 2024

OCI Generative AI is now available with a selection of Cohere and Meta models in the cloud and on-premises

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Oracle Named a Leader in the 2023 Gartner® Magic Quadrant™ for Configure, Price, Quote Applications for the Seventh Consecutive Year

Status: 01/31/2024

Report rates Oracle Configure, Price, Quote (CPQ) highly for “completeness of vision” and “ability to execute”

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New Oracle enterprise communications platform transforms communications in the industry

Status: 02/20/2024

Enables organizations to extend the value of Oracle industry applications by seamlessly connecting with networks and IoT devices to reshape the way they do business.

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Oracle announces financial results for the third quarter of 2024

Status: 03/11/2024

Oracle Corporation (NYSE: ORCL) today announced results for the third quarter of fiscal year 2024. Total revenue for the quarter increased 7% year-over-year in both U.S. dollars and constant currency to $13.3 billion.

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Sustainability: Oracle helps companies effectively manage sustainability initiatives

Status: 03/14/2024

New sustainability capabilities in Oracle Cloud EPM help executives efficiently plan, track and report on initiatives and comply with new reporting standards

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Microsoft and Oracle expand partnership to meet global demand for Oracle Database@Azure

Status: 03/14/2024

Powerful cloud database service now available in Germany and announcement of five additional cloud regions for a total of 15 planned regions this year

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Oracle adds new generative AI capabilities to Oracle Fusion Cloud Applications Suite

Status: 03/14/2024

New capabilities for finance, supply chain, human resources, customer experience and beyond help organizations become more competitive, increase productivity and reduce business costs.

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Oracle Named a Leader for the 17th Time in the 2024 Gartner® Magic Quadrant™ for Transportation Management Systems

Status: 03/20/2024

Oracle ranked highest for its ability to execute.

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Oracle invests more than 8 billion dollars in cloud computing and AI in Japan

Status: 04/17/2024

Oracle plans to invest more than $8 billion over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in Japan.

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New Oracle Database 23ai unlocks the full potential of AI for enterprise data and applications

Status: 6.05.2024

Oracle AI Vector Search enables easy content search for documents, images and relational data in business-critical databases

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Oracle announces financial results for the fourth quarter and full year 2024

Status: 11.06.2024

Oracle Corporation (NYSE: ORCL) today announced results for the fourth quarter and full year 2024. Total quarterly revenue increased 3% year-over-year in USD and 4% in constant currency to $14.3 billion.

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Oracle Embeds Generative AI Across the Technology Stack to Enable Enterprise AI Adoption at Scale

As of Jan. 23, 2024

Oracle has made the Oracle Cloud Infrastructure (OCI) Generative AI service generally available. The service integrates models from Cohere and Meta Llama 2, supports over 100 languages, offers improved GPU cluster management and flexible fine-tuning options. Customers can use the service in the Oracle Cloud and locally via OCI Dedicated Region. Oracle aims to integrate AI at all levels of the technology stack, delivering pre-built services to solve business problems intelligently.

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Oracle Announces the General Availability of Oracle Database@Azure

As of Dec. 13, 2023

Oracle Database@Azure is now available in the Microsoft Azure East US region. This service enables Oracle to run and manage Oracle Exadata Database Service in Azure. More Oracle database services will follow on Oracle Cloud Infrastructure (OCI) in Azure. The service facilitates the cloud migration of business-critical workloads and offers the benefits of Oracle Database and Azure services such as Azure OpenAI Service. Further availability in different regions is planned, providing customers with flexible cloud migration options, optimal Oracle Database performance and a simplified, secure environment in Azure.

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Oracle Continues AI Momentum with NVIDIA AI Enterprise and DGX Cloud Availability in the Oracle Cloud Marketplace

As of Oct. 19, 2023

Oracle now offers NVIDIA AI Enterprise and the NVIDIA DGX Cloud AI platform in the Oracle Cloud Marketplace. Customers can use NVIDIA’s accelerated and scalable AI platform on Oracle Cloud Infrastructure (OCI). The service enables easy end-to-end AI development and deployment on OCI. Customers can purchase NVIDIA AI Enterprise and NVIDIA DGX Cloud with their existing Oracle Universal Credits. This enables training of large-scale models for generative AI applications on OCI, including optimized workloads through NVIDIA NeMo. After training, customers can run inferences with NVIDIA AI Enterprise on any OCI compute instance. The service provides access to comprehensive training and inferencing capabilities on OCI alongside other cloud services.

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NetSuite SuiteWorld 2023: Innovations for more effective use of resources and new license model

Status: Oct. 18, 2023

Oracle NetSuite today announced a series of product innovations that help organizations reduce costs and operate more efficiently to increase revenue and profits. The latest NetSuite innovations include both classic and generative AI-powered capabilities across the suite. In addition, there are new field service management and enterprise performance management (EPM) solutions, as well as new features that enable finance and customer experience professionals to improve the speed and accuracy of business processes.

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Cohere Taps NetSuite to Scale Business Processes and Meet Global AI Demand

As of Oct. 17, 2023

Oracle NetSuite today announced that Cohere, the leading enterprise AI platform, has selected NetSuite to support its mission to enable organizations to achieve real business value with voice AI. With NetSuite, Cohere will be able to take advantage of an integrated business suite to improve productivity, scale its business and meet the growing demand for generative AI-powered services for organizations around the world.

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Oracle expands Distributed Cloud offering

As of Sept. 20, 2023

Oracle is expanding its distributed cloud offering to meet the growing global demand for Oracle Cloud Infrastructure (OCI) services. New additions include Oracle Database@Azure and MySQL HeatWave Lakehouse on AWS. This offers organizations more flexibility in cloud deployment, meets data protection requirements and enables low latency. Oracle Alloy is increasingly used by partners worldwide, underlining the success of the distributed cloud strategy.

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Oracle announces Database 23c with new generative AI functions

Status: Sept. 20, 2023

Oracle is introducing new semantic search functions in Oracle Database 23c, including AI vector search. This makes it possible to save the semantic content of documents and images as vectors and use them for fast similarity queries. The functions also support Retrieval Augmented Generation (RAG), an AI technique for precise answers to natural language questions. Oracle emphasizes that no expertise in machine learning is required, enabling all database users to use it in less than 30 minutes. The extension is designed to enable companies to integrate artificial intelligence into their databases in a secure and powerful way.

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45% of people have not felt a true sense of happiness in more than two years

Discovered: 08/25/2023 – State: 05/15/2022

People want brands to make them smile and laugh, but executives are afraid to use humor in customer interactions, according to a new research report from Oracle Fusion Cloud Customer Experience (CX) and Gretchen Rubin, five-time New York Times bestselling author and podcaster. The Happiness Report includes insights from more than 12,000 consumers and business leaders across 14 countries and found that people are looking for new experiences that make them smile and laugh, and that they reward brands that use humor with loyalty, advocacy and repeat purchases and turn away from those that don’t.

Click here to read the study.

Sept. 18-21 is Oracle CloudWorld

08/25/2023

As always, in addition to the technical news, it is also important how much fun the visitors have. Oracle has invited a band “Royal Machines“.

But back to the technical news: The Topics can be viewed “per Role”, which I consider useful besides the topic presentations. This way, everyone can find his or her happiness from different points of view.

Italian grocer Bennet optimizes its pricing strategy with Oracle Cloud

07/25/2023

Italian supermarket chain Bennet is expanding its use of Oracle Retail Cloud Platform to support its rapid growth and optimize inventory management and pricing strategy to keep pace with customer demands. Bennet operates 63 supermarkets across northern Italy, focusing on price, service and choice. With the addition of Oracle Retail AI Foundation Cloud Service and Oracle Retail Assortment Planning Cloud Service, the chain will be able to leverage the power of AI to develop pricing strategies that help move inventory while optimally serving customers. Read the announcement here

Oracle offers the “EU Sovereign Cloud”, a solution that enables companies to have sovereignty over their data and governance rules.

Status: 11.07.2023

Oracle has entered into a cooperation with the German Federal Office for Information Security. The Sovereign Cloud is part of Oracle’s distributed cloud strategy and is aimed at companies in highly regulated industries. Customers have access to the same services and support as Oracle’s public cloud offering. Oracle EU Sovereign Cloud is available in all EU member states and worldwide and includes over 100 cloud services with no additional fees. Customers also have access to customer programs such as Oracle Support Rewards.

https://www.datacenter-insider.de/irgendwo-zwischenpublicundprivate-diesovereigncloud-a-1e2fc59bed80690bdab5a16e5258ccac/

Oracle and Red Hat collaboration

Status: 2/02/2023

Red Hat Enterprise Linux is now certified and fully supported on Oracle Cloud Infrastructure virtual machines. Red Hat and Oracle said the alliance will enable companies to standardize their cloud operations on OCI, a common cloud platform that spans from the data center to the distributed OCI cloud. Customers can contact both Red Hat and Oracle support to resolve potential issues.

https://www.iavcworld.de/cloud-computing/8735-red-hat-und-oracle-vereinbaren-strategische-zusammenarbeit.html

New Country Leader at Oracle

Status: 02/01/2023

Andreas Kiessling takes over the role of Stefanie Kemp and is only responsible for Oracle’s German business. He has already been with Oracle since 2015.

https://www.computerwoche.de/a/oracle-hat-neuen-country-leader-in-deutschland,3613742

Oracle Ranked as Leader in Gartner Magic Quadrant

Status: 01/30/2023

Oracle has been ranked a Leader in the Gartner Magic Quadrant for the Platform as a Service (iPaaS) 2023 Worldwide category. In addition, the company was also recognized in the Data Integration Tool 2022 category.

https://www.prnewswire.com/news-releases/oracle-named-a-leader-and-positioned-highest-for-ability-to-execute-in-gartner-magic-quadrant-for-integration-platform-as-a-service-worldwide-301733637.html

Collaboration between Oracle and SymphonyAI

Status: 01/18/2023

SymphonyAI is an AI SaaS provider offering integrated AI-powered merchandising, marketing and supply chain solutions for retailers and CPG manufacturers. The collaboration is about offering SymphonyAI solutions on Oracle Cloud Infrastructure while accelerating and improving key applications.

https://www.dbta.com/Editorial/News-Flashes/SymphonyAI-and-Oracle-Collaborate-to-Offer-Cloud-Flexibility-156674.aspx

This is what Oracle pays software developers

Status: 01/06/2023

The company is looking for top software development talent.

According to the job posting website Indeed, Oracle pays its software development team the following average annual salary:

  • Application Developer: $131,364
  • Automation engineer: $101,439
  • Cloud consultant: $116,000
  • Cloud engineer: $130,270
  • Computer programmer: $115,625
  • Data engineer: $107,632
  • .NET Developer: $104,233

https://www.beckershospitalreview.com/ehrs/what-oracle-pays-its-software-developers.html

Oracle’s quarterly results

Status: 12/12/2022

On 12/12/2022 Oracle presented its figures for the 2nd quarter.

Total revenue for the quarter increased 18% year-over-year to $12.3 billion (€11.7 billion). Oracle earned $1.7 billion.

https://investor.oracle.com/investor-news/news-details/2022/Oracle-Annou,nces-Fiscal-2023-Second-Quarter-Financial-Results/default.aspx

Faster data retrieval

Status: 11/09/2022

Oracle aims to enable faster querying of big data with MySQL HeatWave Lakehouse. Lakehouse is an addition to the MySQL HeatWave portfolio. Here there is transaction processing, analytics, machine learning and automation in a single database.

https://www.bigdata-insider.de/oracle-bringt-datenabfragen-auf-trab-a-4154613f0473106a13416afc26b01d81/

Oracle named leader in Gartner Magic Quadrant for cloud HCM suites

Status: 11/02/2022

Oracle today announced that it has been named a Leader in the Gartner® Magic QuadrantTM for Cloud HCM (Human Capital Management) Suites for Enterprises with 1,000+ Employees for the seventh consecutive year.

https://www.oracle.com/de/news/announcement/oracle-named-leader-2022-gartner-magic-quadrant-cloud-hcm-suites-2022-11-02/

Oracle accused of selling billions in personal data to third parties

Status: 08/23/2022

The ICCL (Irish Council for Civil Liberties) claims Oracle created detailed dossiers on 5 billion people, generating $42.4 billion in annual revenue.

https://www.theregister.com/2022/08/23/lawsuit_oracle_personal_data/

Oracle and InfStones team up to accelerate Web3 development

Status: 08/09/20222

The goal of the collaboration is to provide a robust, secure and scalable Web3 infrastructure development platform for enterprise customers.

InfStones supports a global multi-cloud strategy to meet the needs of rapidly growing enterprise customers. The combination of the InfStones platforms, with Oracle Cloud Infrastructure improves scalability and security requirements for enterprise customers on the cloud. Additionally, options are now available for customers to leverage next-generation blockchain applications in web development.

https://www.finanznachrichten.de/nachrichten-2022-08/56765538-oracle-und-infstones-arbeiten-zusammen-um-die-web3-entwicklung-zu-beschleunigen-007.htm

Oracle insiders explain how they lost the marketing cloud race to Salesforce

Status: 8/19/2022

Former Oracle employees describe in this Business Insider report how the cloud giant was beaten by competitors like Salesforce and Adobe in the marketing cloud space – ultimately leading to the massive #Oraclelayoffs.

Oracle’s strategy was to acquire leading marketing and adtech startups to build the Oracle Marketing Cloud. However, former employees are now charging that the company did not invest in the Marketing Cloud under Rob Tarkoff, the Oracle executive VP who was put in charge of the division.

https://www.businessinsider.com/oracle-employees-it-lost-the-marketing-cloud-war-to-salesforce-2022-8

Massive job cuts at Oracle

Status: 08/02/2022

After other technology companies such as Bitpanda, Shopify, Robinhood, Coinbase or Opensea, Oracle has now also begun to save budgets through large-scale layoffs.

So far, these layoffs have affected employees from the U.S. in the areas of marketing and sales. According to reports, the wave of layoffs could affect up to 10,000 employees.

According to various estimates, this drastic measure is the result of the unclear economic outlook and the $28.3 billion acquisition of the Cerner Group.

https://www.heise.de/news/oraclelayoffs-Entlassungswelle-bei-Oracle-trifft-US-Angestellte-7199704.html

Head of Germany Stefanie Klemp moves to Sana-Kliniken

Status: 07/13/2022

The still head of Oracle Germany will become a new member of the Executive Board at the private hospital group Sana, where she is to drive forward the digital transformation. Stefanie Kemp is thus leaving Oracle after just under 2 years, where she took over the executive position in June 2020. She is returning to her professional roots, which she began as a registered pediatric nurse.

https://www.handelsblatt.com/unternehmen/industrie/stefanie-kemp-sana-kliniken-holen-deutschlandchefin-von-oracle-in-den-vorstand/28498346.html

Oracle’s smart construction platform to be enhanced with analytics

Status: 07/20/2022.

Engineering and construction companies struggle to leverage cross-application data to effectively diagnose problems, predict risks and plan future actions. To address this challenge, Oracle introduced the Oracle Construction Intelligence Cloud Analytics platform, which combines data from Oracle Smart Construction Platform applications to give owners and contractors a comprehensive understanding of how their entire operation is performing.

With these insights, companies can more quickly identify and fix problems, as well as find ways to continuously improve in the areas of project planning, construction and asset operations.

https://www.dbta.com/Editorial/News-Flashes/Oracle-Unifies-Smart-Construction-Platform-with-Analytics-154001.aspx

Cooperation Oracle and Microsoft

Status: 07/20/2022

To provide Azure customers with optimized access to Oracle databases, the two groups are now working together.

https://www.oracle.com/de/news/announcement/oracle-database-service-for-microsoft-azure-2022-07-20/

Dismissal of Oracle employees

Status: 07/11/2022

According to the report of “The Information”, Oracle plans to lay off thousands of employees due to the Cerner acquisition ($28 billion). Europe and the USA are to be affected above all.

https://www.channelpartner.de/a/oracle-will-tausende-mitarbeiter-entlassen,3341146

New deal with TikTok

Status: 06/17/2022

In order to be able to manage the data volume of currently about 655 million users on TikTok, the social media app decided to enter into a deal with Oracle and run the US data on Oracle cloud servers.

https://www.deraktionaer.de/artikel/medien-ittk-technologie/oracle-neuer-deal-mit-tiktok-das-steckt-dahinter-20251988.html

Quarterly figures from Oracle

Status: 06/14/2022

Oracle published its quarterly figures last week. Oracle managed to increase its revenues by 5% year-on-year. “Oracle thus increased its fourth-quarter revenue year-over-year to $11.84 billion, $140 million above Wall Street experts’ expectations.

https://www.deraktionaer.de/artikel/medien-ittk-technologie/oracle-nach-brillanten-zahlen-zweistellig-im-plus-20251783.html

Partnership with Vodafone and Oracle on CRM and order management, among other things

Status: 06/22/2022

Together, the two companies will modernize Vodafone’s European IT infrastructure and accelerate its transition to the cloud.

Vodafone will receive a cloud platform to modernize its thousands of Oracle databases and support and scale its business-critical OSS and BSS systems, including CRM and order management.

The multi-year implementation will also enable Vodafone to develop new cloud-based applications faster and roll them out to multiple markets simultaneously, leveraging its geographic scale.

Oracle will deploy OCI Dedicated Region in Vodafone’s key data centers that manage its European IT and network operations. Delivering public cloud services directly on Vodafone’s own network and data centers will enable the operator to flexibly modernize, manage and automate its critical systems with new technologies, such as autonomous services, and more easily meet the latency and performance requirements of these applications.

https://enterprisetalk.com/news/vodafone-and-oracle-make-strategic-business-allaince-to-accelerate-technology-modernization-on-oracle-cloud-infrastructure/

Oracle opens another cloud data center for Europe near Paris

Status: 06/20/2022

The new cloud data center near Paris brings the total number of cloud regions to 38 worldwide. Oracle now operates nine European cloud regions, which are powered by 100% renewable energy.

The expansion of the cloud architecture provides Oracle’s European customers and partners with access to a comprehensive portfolio of cloud services with built-in security, disaster recovery and industry-leading price-performance.

https://finance.yahoo.com/news/oracle-reinforces-commitment-france-opening-120000983.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmRlLw&guce_referrer_sig=AQAAAI9ZDdfk0pKbkgZvk-3U6MrInuLDeAq9WRgCXAStTnxZ4ppEe6aJGHWKa0L28EfZY7HbTZguR7vl2NQRvNl_alqQIWRsF_8_AR2dVvDB9SHlkHtyBW4-zwPEEbsOMkN_vUF0W8GzoZ8kg5-6JmlWkIrBQFeOvmqWXwda-GIBY8uo

Oracle acquires Cerner

Status: 06/08/2022

The acquisition was announced back in December 2021. Now the time has come, Oracle is taking over healthcare IT provider Cerner. With a $28 billion acquisition, this is Oracle’s largest deal to date. With the deal, Oracle wants to go deeper into the healthcare technology space to strategically work with healthcare data.

https://www.heise.de/news/Gesundheitswesen-Oracle-vollzieht-Uebernahme-von-Cerner-7135204.html

Opening of a research and development laboratory in Morocco

Status: 05/20/2022

The R&D center is to be staffed with nearly 100 researchers from companies and universities. The focus here is to be how to optimize business, which in turn will benefit Oracle customers.

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