Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
In this Cloud Wars Minute, Bob highlights the various industries that Oracle is managing through its industry-specific solutions.
00:11 — Oracle has become the fastest-growing major cloud provider in the world. A part of Oracle’s business that is responsible for driving its accelerated growth is its industry-specific business.
00:46 — The eight industries that Oracle’s VP, Doug Kehring, highlighted demonstrate the company’s ability to automate and modernize different industries.
01:00 — In the communications industry, Oracle says it now manages one billion calls and text messages every day across 5 billion consumers in the construction engineering field.
01:13 — Oracle Industry Solutions have managed $9 trillion in construction and engineering projects. In the financial services industry, Oracle handles 80% of the world’s credit card transactions. In the food and beverage industry, Oracle has managed 6.3 billion transactions.
01:59 — In the retail space, Oracle is managing 5,800 retail stores across 96 countries. In a new industry that Oracle is calling energy and water, the company will reduce consumer utility bills by $2.7 billion.
03:17 — Oracle has embedded the term industry — and the notion of industry-specific solutions — into its mission statement, which is about how it wants to automate end-to-end industry-specific solutions for the most complex business problems.
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