Five Minute Briefing - October 8, 2014
A goal at many organizations is to make the data that matters more broadly accessible to more users in a timely fashion. However, at the same time, enterprise data environments are becoming more complex and costly, running on many platforms, supporting many applications, and handling growing volumes of data. IT is expected to respond quickly to new initiatives that can support the business but as IT environments become more unwieldy, agility is an elusive concept.
Oracle CTO Larry Ellison took the stage at the Moscone Center to kick off the Oracle OpenWorld conference on Sunday evening. As he does each year, Ellison outlined major announcements for the week and explained the company's technology vision to set the tone for the conference. Confirming analysts' predictions that 2014 would be the year of the cloud for Oracle, Ellison said 2014 is an inflection point for the company. Ellison's key announcement was Oracle's upgraded platform-as-a-service capability: a fourth generation upward-compatible database.
In his keynote address, Thomas Kurian, executive vice president, Product Development, Oracle, showcased a brand new product, Oracle Big Data Discovery - a visual face to Hadoop - "that allows you to go to a browser, profile the data, explore the data, analyze the data, and do prediction and correlation," he said.
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