Five Minute Briefing - Oracle
January 18, 2017
With the rise of smartphones, laptops, sensors on machines, vehicles, and appliances, massive amounts of data are being generated, according to Balaji Thiagarajan, group vice president of big data at Oracle. For companies that can transform and manage it, he notes, data represents a huge opportunity as a source of competitive advantage and should be leveraged as such. Big data and cloud are two technologies driving dramatic transformations, and, says Thiagarajan, organizations must be ready to react and take advantage of important new trends and technologies to make sure that they come out ahead next year. Here, Thiagarajan shares 10 key predictions for big data in 2017.
At Oracle CloudWorld in New York City, Oracle unveiled new enhancements to the Oracle Cloud Platform to help customers move business-critical applications to the cloud. Describing the industry's move to the cloud as an "irresistible force," Oracle CEO Mark Hurd said, "This is not a what-if; this is the way things are going to go. The sooner you get on board with that the better."
Oracle has announced the availability of Oracle Retail Release 16, which allows retailers to deliver unified consumer experiences across e-commerce and brick and mortar locations.
THINK ABOUT IT
The past year was a blockbuster one for those working in the data space. Businesses have wrapped their fates around data analytics in an even tighter embrace as competition intensifies and the drive for greater innovation becomes a top priority. The year ahead promises to get even more interesting, especially for data managers and professionals. Leading experts in the field have witnessed a number of data trends emerge in 2016, and now see new developments coming into view for 2017.
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