In episode 111 of the Acceleration Economy Minute, I report on location at Oracle CloudWorld providing my top takeaways for business leaders from a keynote led by Clay Magouyrk, EVP of Oracle Cloud Infrastructure (OCI).
00:26 — The keynote addressed building a more intelligent future of the cloud. The primary theme of the session was understanding how a robust cloud is driving dramatic positive changes in organizations. The session touched on how Oracle is advancing its cloud service to provide greater cost efficiency and performance for its customers.
01:00 — Oracle has a unique approach to cloud delivery by providing a unified cloud in corporate, enterprise, and industry applications and infrastructure. OCI is constantly evolving.
01:26 — Founder, chairman, and CEO of Ampere, Renee James, who also participated in the session, explained that there has been a shift from power as an equation for performance. Oracle customers will be incentivized through cost savings to choose more sustainable options.
01:45 — The keynote also provided a deep dive into Oracle’s expanded partnerships with Microsoft and the launch of the Oracle database. Now, customers get high-performance, real-time experiences with this alliance that makes the process seamless with no latency.
02:27 — OCI Generative AI developed in partnership with Cohere utilizes an enterprise large language model. With this, companies still retain control over their data. The demo showed how customers could build generative AI functions into applications.
03:01 — The combined result of Oracle’s cloud enhancements provides a high-performance connected cost-effective platform that enables seamless generative AI integration and development.