Next generation offline cloud capabilities to steal the spotlight on Oracle OpenWorld's

More than 60 visitors, about 000 exhibitors and speakers from over 250 countries will attend Oracle OpenWorld 90 event.

Spread over four days, with over 2200 educational sessions, it will take place September 16-19 at the Moscone Center in San Francisco, California, USA.

This year, Oracle is bringing a more human-centric focus to its products and solutions with a focus on digital transformation, leading demonstrations and hands-on sessions.

The main absence from the event will be its chief executive Mark Hurd, who took a leave of absence from the company for health reasons, while his duties will be co-CEO Safra Katz and Oracle co-founder and CTO Larry Ellison.

The year looks better for the cloud services market due to global economic volatility as organizations move to the cloud to reduce costs and improve operational efficiency through artificial intelligence and cognitive technologies.

According to research firm Gartner, worldwide IT spending is forecast to reach $3.74 trillion in 2019, up 0,6% from 2018, while the enterprise software market will experience strong growth in 2019, reaching $457 billion, up 9% from $419 billion in 2018 and another 10,9% in 2020, to $507 billion.

Worldwide cloud services market will grow in 2019, 17.5% to a total of $214.3bn, up from $182.4b in 2018

While SaaS represents a $2019 billion market in 95 compared to $80 billion in 2018, the largest of the spending on the cloud, it will rise to $143.7 billion in 2022.

Autonomy traction gain

Oracle for cloud success mainly lies with SaaS software as a service] applications, so Oracle, as a service company, not a product company, will focus on IaaS [infrastructure] and next-generation offline cloud database at the event.

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Offline database in the cloud that eliminates the complexity, errors and manual management associated with database setup, security, backups and updates; tasks traditionally performed by a database administrator (DBA).

According to the Public Survey, cloud tracker service provider international data corporation in April Oracle gained the largest market share globally of all enterprise applications for SaaS providers for three consecutive years.

In fiscal 2018, the company's app revenue was $11 billion and its co-CEO Hurd said it could be boosted to $22 billion by moving existing enterprise businesses to SaaS platforms.

With a focus on stand-alone databases, Oracle will unveil updates to Oracle Database 19C, which runs both on-premises and in the cloud, and reveal details of its partnership with Microsoft in an attempt to improve the interoperability between Azure and Oracle cloud infrastructure, known as Oracle Cloud Infrastructure.

“Autonomy is a defining attribute of the Generation 2 cloud,” Ellison said.

“The autonomous database is the most successful new product in Oracle's history. We added over 500 new offline cloud customer databases in the first quarter and plan to more than double in the second quarter. We now have over 2000 customers, paying customers, for the offline database.”

The next stage of development

The US software giant, with years of software, database and technology and strong enterprise penetration, is gearing up for the next phase of cloud services growth.

“Oracle's response to standalone is a critical element for working with enterprise-wide security as it gives a greater degree of flexibility for organizations to differentiate and optimize their business well beyond the competition,” Richard Smith, Senior Vice President, UKII, ECEMEA and Southern Technology Clusters at Oracle.

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Oracle's competitors offer the ability to automate the process of scaling and backups, but what Oracle offers smart and self-management of databases by eliminating human administrative access with the power of artificial intelligence and machine learning to bring a high degree of automation of routine administrative tasks.

Oracle offers two types of offline databases - offline data warehouse (ADW) and offline transaction processing (ATP).

“Offline data warehouse is a possibility that we are seeing now in the cloud. The ATP, which will be launched soon, will allow customers to communicate with offline capabilities, and also deploy in a highly scalable environment to allow customers to scale up or down with their transaction processing computing requirements,” he said.

Based on deep machine learning and artificial intelligence, he said, autonomous features are built on each component of the portfolio.

“Information is the new battlefield, but businesses are trying to keep up with tight budgets and the amount of data is growing exponentially,” Smith said, adding that Oracle is based on a data application portfolio more than four decades ago.

According to KuppingerCole, Oracle will be named this year's absolute leader in database and big data security.

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