Addressing a packed session at OpenWorld yesterday, Oracle president of product development, Thomas Kurian, revealed how the firm had infused new forms of human interface, autonomous computing, artificial intelligence, IoT, and blockchain technology into their latest cloud offerings.
Kurian presented the new cloud product suite that spans infrastructure, analytics, data management, and applications at the firm's flagship event dedicated to helping customers leverage the cloud for innovation and business growth.
Oracle's product chief said the firm had infused machine learning and artificial intelligence (AI) into every layer of the stack, as the tech firm claimed to be the only cloud provider to deliver a complete cloud portfolio, spanning IaaS, PaaS, SaaS and Data as a Service (DaaS).
"We're doing this to give you, our customers and developers, a canvas on which you can paint your vision and your ambitions and dreams, to use information technology in a new way, to transform your organisation," Kurian said.
Kurian highlighted new developments in Oracle's cloud infrastructure including enhancements to computing, storage, networking and edge capabilities. The new network capabilities announced yesterday included a public cloud service offering 25 gigabit Ethernet to the host with a global scale elastic DNS Service.
"We're introducing amazing technology in the infrastructure layer. So you can get world-class infrastructure delivered to you through a browser," Kurian said.
He believes Oracle's cloud infrastructure provided the foundation for customer innovation and said IT operations, developers and researchers now have infrastructure services optimised for production-ready enterprise applications.
Kurian also announced a new intelligent chatbot as part of the considerable advancements to Oracle's application development platform. Furthermore, he showcased the firm's new serverless computing offering that is based on the open-source project Fn. This service claims to help customers reduce cloud infrastructure and management costs as they only pay for the time their functions are running.
In outlining Oracle's future for its Platform as a Service business, Kurian envisioned software that would automatically learn, manage, tune and scale to meet changing computing needs.
"The vision for platform-as-a-service was to eliminate the next barrier to technology adoption by our customers. And that was to eliminate all the mundane, manual labour that human beings needed to do in order to use Oracle technology," he said.
Oracle believes its PaaS offerings serve as the underlying foundation for developing, integrating, monitoring, securing and optimising applications with newly built-in AI and machine learning powered tools. This was already evident since Oracle chairman and CTO, Larry Ellison, announced on Sunday its latest database iteration 18c, which is fully autonomous, eliminating human error and manual tuning.
Aside from removing human intervention, Oracle autonomous database cloud also lowers administration costs. This is to due to the new database's dynamic elastic hardware allocation feature that also allows it to expand compute and storage resources without downtime. Oracle believes this results in a solution that is up to 15 times less expensive than the same workload on Amazon Redshift.
Moreover, Oracle will contractually guarantee savings to customers who shift from Amazon to Oracle. This price guarantee, along with the bring-your-own-license to PaaS announcement â?? that allows customers to receive PaaS and IaaS credits for existing on-premise licenses â?? provides attractive financial incentives to customers shifting to the cloud.
Kurian's showcase of Oracle's complete cloud suite was in sync with chief executive Mark Hurd's key message to attendees at OpenWorld of Oracle's intent to help companies drive innovation despite stagnant IT budgets