Oracle is an enterprise software vendor based in Austin, Texas. It specializes in database software and enterprise software products, including enterprise resource planning (ERP), human capital management (HCM), customer relationship management (CRM), enterprise performance management (EPM), customer experience commerce (CX commerce), and supply chain management (SCM).
The company is increasingly focused on supporting generative AI across its database, infrastructure, and applications offerings. Oracle has a market cap of $383 billion, making it the 11th largest tech company in the world.
Here is the latest Oracle news and analysis:
Oracle CloudWorld 2024: What to expect
August 30, 2024: Oracle’s Database 23c gets vector search to underpin generative AI use cases · Oracle’s MySQL HeatWave gets Vector Store, generative AI features.
Oracle’s $115 million privacy settlement could change industry data collection methods
July 23, 2024: In addition to the payment, Oracle has agreed to stop tracking users in various ways. Privacy advocates applauded the settlement.
IDC Research: Oracle Announcements Recognize the Importance of Multicloud
July 11, 2024: Oracle announced the general availability of Oracle Interconnect for Google Cloud. This announcement came on the heels of a very busy June for Oracle as it announced earnings, including 12% growth for cloud services and license support revenue and new extensions of relationships with Google and Microsoft, respectively.
Oracle HeatWave’s in-database LLMs to help reduce infra costs
June 26, 2024: Oracle has added new features to the service formerly known as MySQL HeatWave to help in generative AI-based app development.
Oracle APEX adds generative AI assistant
June 18, 2024: APEX AI Assistant allows users to create applications using natural language and add a conversational AI interface to any application being developed.
Multicloud: Oracle links database with Google, Microsoft to speed operations
June 12, 2024: Oracle will interconnect with Google’s cloud to make its database services more widely available, while Microsoft is extending its Azure services into Oracle’s cloud to give OpenAI access to more capacity.
Oracle extends support for Java 11, Java on Solaris
May 14, 2024: Oracle will support JDK 11 including JDK 11 on Solaris through at least January 2032, the company confirmed in its Java SE Spring 2024 roadmap update.
Oracle unveils AI-powered coding assistant
May 7, 2024: Oracle Code Assist will be fine-tuned with Oracle software development practices and coding patterns from Java, SQL, Oracle Cloud Infrastructure, and other technologies such as NetSuite SuiteScript.
Oracle renames Database 23c to 23ai, makes it generally available
May 2, 2024: Oracle Database 23ai has been updated with new features to support AI-based application development and other tasks.
Oracle adds AI capabilities to its Fusion Cloud CX
April 25, 2024: The new capabilities are expected to take on offerings from rivals such as Salesforce, ServiceNow, and SAP.
IDC Research: Oracle Ushers in a New Era for Oracle Database Users with Generative AI
April 21, 2024: With generative AI in Oracle Autonomous Database and Oracle Database 23c, Oracle has greatly enhanced the general usability of the database by making the data broadly available to end users, without requiring technical knowledge.
Oracle to invest $8 billion in Japan through 2034
April 17, 2024: The investment spread across a period of 10 years will see the public cloud service provider expand its cloud infrastructure footprint in the country to meet the growing demand for AI-based workloads.
IDC Research: Oracle’s FY 3Q24 Performance: Oracle OCI Delivers Impressive Growth
April 16, 2024: Oracle reported its FY 3Q24 earnings, which showed strong momentum in realizing its cloud strategy, along with forward-looking projections that were equally optimistic.
Oracle makes its pitch for the enterprise cloud. Should CIOs listen?
April 11, 2024: Acquisitions, partnerships, and a focus on AI for Oracle-captive enterprises could make enterprise software vendor a compelling player in multicloud environments and specific verticals.
Oracle touts AI as major driver of Q3 gains
March 12, 2024: Buoyed by cloud sales, the software giant’s numbers are good, but some dispute the AI-driven nature of the company’s gains.
Oracle Autonomous Database adds AI conversation support
February 15, 2024: Upgrade may help Oracle establish a lead against rivals such as AWS, Google, IBM, and Snowflake in providing an autonomous cloud database, analysts say.
Oracle Cloud SCM gets new capabilities to help manage logistics
February 12, 2024: The new updates have been added to Oracle Transportation Management and Oracle Global Trade Management applications, which are a part of Oracle’s Cloud Supply Chain and Manufacturing (SCM) suite.
Oracle has a better generative AI strategy, analysts say
January 23, 2024: Oracle offers enterprises a more streamlined approach to lowering the costs of continuously training LLMs on organization knowledge, analysts say, though it lags rivals in generative AI services.
Oracle’s plans for Java in 2024
January 23, 2024: The Java steward expects the OpenJDK to tackle improvements ranging from a simplified main to GPU programming, condensers, and value objects, although all may not arrive this year.
