Today, we’re seeing emerging technologies permeate every aspect of work and life. Companies are using them to build mission critical apps, drive new business models, and create new business value. The real opportunities of these technologies – AI, ML, IoT, Blockchain, Containers and Serverless, and Human Interfaces – is to enable our customers to embrace innovation on a scale like we’ve never seen before. At OpenWorld this year, Oracle demonstrated our implementation of these new technologies and our focus on providing companies with the building blocks to disrupt entire industries. In case you missed this year’s OpenWorld, we’ve included a recap of two key platform and app product releases: Digital Assistants, and Blockchain.
Digital Assistant
At OpenWorld this year, Larry Ellison demonstrated the new Digital Assistant capabilities with Alexa in his keynote presentation “Oracle Fusion Cloud Applications”. Building on earlier implementations of chatbots, Oracle’s Digital Assistant enables companies to build personalized digital assistants to help employees work smart and more productively. It contains pre-built skills and connects your back-end applications so you have one single experience across all of your business applications. With Oracle Digital Assistant, it can support domain skills from multiple applications such as HR, ERP, CRM, and CX. The platform is embedded with artificial intelligence to provide a unique contextual engine for speech and image recognition, intent detection, and multilingual neuro-linguistic programming (NLP) and natural language understanding (NLU). Oracle’s Digital Assistant also supports popular messaging platforms including Slack, Facebook Messenger, WeChat, and Alexa.
Through Alexa, he was able to ask Oracle’s Digital Assistant questions on topics such as Oracle’s campus hiring statistics in 2017 as well as receive an answer within seconds. With Oracle’s Digital Assistant, it makes information easily accessible to technical and non-technical users, enabling a more cohesive workforce in which lines of businesses can focus less on gathering data and more on applying that information with other teams to drive innovation.
Blockchain
During Amit Zavery’s session, “The Next Big Things for Oracle Cloud Platform”, we heard from a global shipment management software solutions provider, CargoSmart.ai, that is using Oracle Blockchain Cloud Service. Since their company works with multiple businesses that interact with the shipment of data, they needed a solution to provide real-time information and to help establish trust between involved parties. In alignment with IoT technology, Oracle Blockchain restructured their operations strategies by providing them with the ability to Track and Trace every vessel and container as well as their conditions to easily identify problems with shipments. With the recurring theme of security and trust circling this year’s OpenWorld, Oracle Blockchain adds a unique value by enforcing accountability between involved groups. The elimination of distrust is essentially what drives collaboration and encourages companies to share information instead of protecting it.
Building on the release of our Blockchain Cloud Service, we also launched Oracle Blockchain Applications Cloud which includes several new Business Applications that use Oracle Blockchain technology for common use-cases. This includes track and trace, provenance identification, warranty and usage, and cold chain. The plug-and-play ability with Oracle and third-party applications results in faster integration with diverse systems of record, and accelerating time to market. Learn more about our Blockchain Cloud Service and new business apps.
Oracle has made emerging tech pervasive throughout all of our cloud offerings. With these new capabilities, Oracle enables companies of all sizes to change their approaches to IT, and reimagine what’s possible.
To learn more, click here to watch the keynotes and sessions from this year’s OpenWorld.