April 23, 2018

Blockchain, AI, chatbots, cloud … Oracle bingo!

04 October 2017, 12:34 | Lionel James

Oracle Chairman Larry Ellison Takes Aim at Amazon

interRel to Host Four Sessions at Oracle OpenWorld 2017

He made this announcement during his opening keynote presentation at the Oracle OpenWorld 2017 event.

For example, Oracle's intelligent bots use deep learning-based natural language understanding (NLU) to comprehend and determine intent of end-user conversations. An Oracle Platinum and Cloud Select Partner, interRel is the only victor of Oracle's Global Cloud Partner of the Year for EPM and the only four-time victor of Oracle's North America Partner of the Year for EPM and BI.

Hurd also revealed news of AI-infused business applications for finance, HR, supply chain and manufacturing in existing Oracle cloud applications.

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. Start developing blockchain applications within minutes without complex setup and provisioning, and leverage API-driven development for cloud or on-premises applications using REST API and API management service to easily invoke blockchain services directly or with pre-built integrations from Oracle Cloud.

Infosys has also won the 2017 Oracle Excellence Award for Specialized Partner of the Year in North America for the on-premise-to-cloud Business Model Transformation category. Oracle's Intelligent Bots can use NLU to figure out the end user's intent and respond to them drawing on business application data.

Oracle Corp. often frames its product strategy around the biggest competitive threat it faces, and now that rival is Inc.

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To further its support for open source, Oracle today announced it is making its Fn Function-as-a-Service serverless platform available through open source. "Oracle ACE Director Glenn Schwartzberg will be hosting two sessions, one with Jerson Santos of New Flyer and the other with Gabby Rubin of Oracle:?Implementing Oracle Financial Consolidation and Close Cloud Service: Lessons Learned" and?Oracle Data Visualization and Oracle Essbase in Oracle Analytics Cloud". "By using Oracle Mobile Cloud, businesses will be able to continue strengthening these relationships, even as users might be moving away from engaging on websites and traditional mobile applications to messaging channels".

"Cloud has changed that dynamic significantly", he replied. 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.

Overall, "we have set the pricing pressure", Kash Iftikhar, Oracle's vice president for IaaS, said in a recent interview with SiliconANGLE. "We chose Oracle Retail Cloud Services to synchronize our global initiatives and deliver state of the art functionality to INTERMIX".

According to Zavery, the service also provides integrated applications, sample code, templates and design patterns through an Applications Integration toolkit, created to boost the integration of blockchain applications to Oracle SaaS and on premises applications suites. With this roll-out, Oracle says that it has committed to supporting cloud-native, opensource communities.

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. "Either to take that next business opportunity, or to prevent business disruption".

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