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Why it is critical for Governments and Firms to invest in technologies to support economic development

Eric Bezille
Chief Technologist

Today's Mark Hurd's Oracle OpenWorld Keynote was introduced with Ian Bremmer, CEO of Eurasia Group. He provided a geopolitical update of the world economy, explaining that currently China is investing the equivalent of x7 the size of the Marshal Plan into technologies to become self sufficient. Something US and Europe are not doing at the same scale at all.  And in those technologies, the ability to exploit and manage Data at scale is a critical factor, explaining why China is investing from Semi-Conductors (the horse power) up to Artificial Intelligence (the brain). Data being at the core of everything, Cybersecurity is at the same level of priority. Because the game has changed and now Cyber Attacks are more powerful than either. All that said, this clearly set the stage on why the investment for the future should better be in technologies (virtual) rather than "brick & mortar" (physical)

Following this introduction, Sherry Aaholm, CIO of Cummins came on stage, illustrating the importance of technologies even for a 100 years old company. Cummins, even as a large manufacturer, cares in what is happening on environmental and regulations. It is not just about selling electric vehicles, but to address the whole ecosystems shift. This change needs to be powered by data captured directly from vehicles and customers behavior. So, IT is becoming a critical asset even for industrial to leverage data. ERP systems need to be always-on, at the latest release. Sherry Aahom is seeing the move to the cloud with ERP power by Artificial Intelligence features (see also here) as critical for Cummins better efficiency to focus their people on more valuable data analysis on data that they capture.

And this move to the Cloud was also illustrated by Navindra Yadav, Founder, Tetration Analytics showing that it is not always as simple as it seems from a technical and economic standpoint, depending on your cloud provider capabilities in their back-end infrastructure. His first experience has not been conclusive. Due to the large IO requirement Tetration needs this has led to an over killing cost in infrastructure at scale, and also limiting Tetration go to market capabilities. Since they move to Oracle Cloud Infrastructure, that has been a game changer: unleashing the CPU power they need up to 75% cpu usage vs. previously only 10% stuck waiting on IO, leading to a x60 performance improvement. From a market stand point that means less resources to get the job done, a better price point to attack a larger market, and the ability to guarantee SLA to their customer as they also eliminated the "noisy neighbor" effect.

To close Mark Hurd's Keynote, Thaddeus Arroyo, CEO of  AT&T Business explained how with the digital transformation, we are moving from a world of building things to consuming things and adding value on top of it. AT&T Business moved 80% of their applications into the cloud. And now they are tackling the critical databases at a very large scale, pushing the envelope for at the same time enhancing the autonomous capabilities for speed and agility along with Oracle. More and more the product is software. The network is actually virtual today and they are in a journey to move all the network to the cloud. Network is now all about latency: compute deliver over the network with a zero latency!

Friction will be gone of building private cloud to public cloud connections, accelerating the transformation with Cloud services accessible at zero latency at your fingertips.

What an introduction for the day! Now to get that level of capacity you need the right technologies at play with strong foundation layers for your Cloud to deliver performances and Artificial Intelligent features for the highest efficiency. This is where what we develop with Autonomous features powered by Exadata makes the difference...

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