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June Database IT Trends in Review

Linda Tsan
Director, Product Marketing

This summer has been an exciting one for converged infrastructure; lots of announcements past month! 

In case you missed it...

  • Oracle debuted "Oracle Soar" on Jun 5th, an automated enterprise cloud application upgrade product that will enable Oracle customers to reduce the time and cost of cloud migration by up to 30%. Larry Ellison discussed the details of Oracle Soar which includes a discovery assessment, process analyzer, automated data and configuration migration utilities, and rapid integration tools. The automated process is powered by the True Cloud Method, Oracle’s proprietary approach to support customers throughout the journey to the cloud

  • According to Wikibon, Do-It-Yourself x86 servers cost 57% more than Oracle Database Appliance over 3 years. The Wikibon research paper also shows above-the-line business benefits of improved time-to-value from a hyperconverged Full Stack Appliance are over 5x greater than the IT operational cost benefits. They also claim that the traditional enterprise strategy of building and maintaining low-cost x86 white box piece-part infrastructure is unsustainable in a modern hybrid cloud world.

The experts talk converged infrastructure and AI

  • We invited Neil Ward-Dutton, one of Europe's most experienced and high-profile IT industry analysts, to discuss how robotic process automation (RPA) and artificial intelligence (AI) have the potential to transform not just routine administrative business processes but also those that have traditionally depended on skilled workers. Read the interview here.
  • Top fintech influencer and founder of Unconventional Ventures, Theodora Lau, joined us to discuss how AI is transforming banking. To be able to process all the data that modern enterprises create, such as financial data, at speed and scale, enterprises need better infrastructure to support it. Learn more about the interview here.
  • Internationally recognized analyst, and founder of CXOTalk Michael Krigsman joined us on the blog to discuss the positive influence of digital disruption. The way we approach business today, he says, is being turned on its head by new demands from internal and external customers. We’re at a crossroads where innovative technologies and new business models are overtaking traditional approaches, creating significant pressure and challenges for tech infrastructure and the people who manage it. Read the interview here.

The future of banking

  • Srinivasan Ayyamoni, transformation consulting lead at Cognizant focusing on the banking industry, discusses the relentless cycle of innovation, rising consumer expectations, and business disruptions that have created major challenges as well as lucrative opportunities for the banking industry today. Read more here.
  • Chetan Shroff, Oracle Commercial Leader at Cognizant, discusses why banks must look carefully at their IT infrastructure before they can benefit from new, exciting tech innovations.

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