“Internet of Things” Forecast From Oracle

When Oracle OpenWorld 2016 in San Francisco's Moscone Center came to a close last week, the company's Executive Chairman and CTO spoke to the transformational strides needed to address Internet of Things (IoT) and supply chain management.

“There are two big databases that keep track of consumers, if you will, and have a lot of information about consumers,” says Larry Ellison. “One is very famous. It's called Facebook. The other one is less well known. It's Oracle's Data Cloud. We actually have more consumers in our data cloud than they have in theirs.”

Ellison introduced Oracle Database 12c Release 2, as well as more than 20 new Oracle Cloud Platform and Application services designed to extend choice and access for supply chain managers and their partners globally.

Highlights include a new Database-as-a-Service (DBaaS) that is faster and more scalable than other Cloud database services. He also introduced new Adaptive Intelligence Applications that use machine learning to power the next generation of Cloud applications.

In regard specifically to IoT, Oracle maintains that its “big data discovery Cloud service” will visualize and discover hidden value in all data for asset management, production insights, connected worker and fleet management.

Furthermore, says Ellison, “Management Cloud” services use machine learning to identify threats and provide early warnings.

But the most startling statement made by Ellison was this: Amazon's lead is over.

“Amazon is going to have serious competition going forward,” he says. “And we're very proud of our
second generation of Infrastructure as a Service. We're going to be focusing on it and aggressively
featuring it not only during Oracle OpenWorld but for the remainder of this fiscal year and next fiscal year
and the year after that.”

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