Oracle Introduces New Blockchain Cloud Service

Making its stride toward Blockchain technology more strong, techgiant Oracle announced Oracle Blockchain Cloud Service at Oracle OpenWorld 2017.

Oracle’s service, for example, could be used by a manufacturer to verify that the parts ordered have arrived, and were from the approved supplier. Leveraging natural language understanding (NLU) and deep learning, Oracle has enabled features such as dynamic tags and category pages that can personalize search suggestions and results with real-time offers. 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. The Oracle Cloud Excellence Implementer program will offer SaaS customers access to partner performance information so they can “minimize implementation risk, quickly adopt new cloud functionality, and continuously expand their Oracle Cloud footprint”. Combined with its cloud services, Oracle sees how Blockchain can help enterprises secure anything that requires contracts, transactions, or tracking.

The chairman of Oracle said that if you take you Redshift Amazon database that is already operating at Amazon and move it to the autonomous database at Oracle, the company will guarantee it in writing, contractually prior to looking at what the workload is.

“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.

You may recall in 2008 when Oracle founder Larry Ellison famously said, “What the hell is the cloud?” Home to six members of the Oracle ACE program, interRel frequently participates in Oracle Technology Network global tours in developing markets.

Oracle has unveiled a new Blockchain Cloud Service that will make it easier for businesses to build out their own blockchain network, while Oracle manages the underlying infrastructure. Not just database, but also middleware, also analytics.

The online retailer has upended the business software industry over the past decade with its pioneering cloud-computing offering, Amazon Web Services. For instance, if a person is trying to return an item to a retailer, the bot can use a Chatbot Instant App to guide that person through all the steps they need to make it happen.

Overall, “we have set the pricing pressure”, Kash Iftikhar, Oracle’s vice president for IaaS, said in a recent interview with SiliconANGLE. The new Oracle Data Cloud digital channel solution enables tech companies and other channel marketers to personalize their communications about programs, investments, and incentives for thousands of channel partners, increasing partner engagement and effectiveness. “These awards are well-deserved and we look forward to continuing our partnership with TCS, leveraging our combined expertise to deliver tremendous value to our customers”.

Enterprise clouds will be the most secure place for IT processing. With complete and integrated cloud services, the platform allows business users, developers and ISVs to cost-effectively build, deploy, and manage workloads seamlessly on premises or in the cloud-with superior choice, openness, security and built-in intelligence.

“With this announcement, we will empower our developer ecosystem to connect, create, and innovate in the global blockchain economy”.