Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Oracle Corporation    ORCL

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Oracle : Oracles Newly Launched Autonomous Database Challenges the Amazon Empire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/04/2017 | 04:33pm CEST

Oracle plans to eliminate any vulnerabilities that can lead to data leaks. This ambition entails cutting out human interferences altogether. The result is a new autonomous database that requires a limited number of employees to function properly. The recently launched software is a self-driving version of its flagship database called 18c. The price tag is less than half of the price that Amazon.com set for its own services.

On Sunday, Oracle Corp. Chairman Larry Ellison used his time on stage of the Oracle OpenWorld event in San Francisco to reveal upcoming, cutting-edge products. The new suite of Oracle software will use machine learning capabilities to offer latest cyber protection for customer data. On top of that, Oracle also engaged in automating the process of the management of information.

The new line of Oracle products goes by the name of Oracle Autonomous Database Cloud. Ellison branded this project as the first fully self-driving database in the world. The suite comes with original digital defense applications. Such layers of protection can identify and tackle attacks in real time.

Oracle believes that the fewer people working on a companys database, the fewer vulnerabilities that party will have. Larry Ellison underlined the reliability of these new products by drawing a comparison between them and Amazon Relational Database Service. The demonstrations revealed considerable performance differences.

Another major point of interest during the San Francisco presentation regarded the price. Since Oracle Autonomous Database Cloud processes tasks faster, it will demand fewer charges than Amazon. Ellison backed up such claims with two live demos and several case studies.

On top of that, implementing the new framework will require almost no job openings. This side effect will also lead to considerable budget cuts. The new Oracle database can patch itself on the go without human permission.

The Chairman didnt fail to mention the history of data breaches is populated mostly by one type of vulnerability in particular. This glitch in the system pertains to the domain of human error. Most notable cyber-attacks happened when employees didnt apply the patch immediately. Hackers took advantage of the unattended issues to gain access to the system. The new Oracle suite of services erases this type of human error 100%.

(c) Sabanews.net 1999 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ORACLE CORPORATION
10/18DJORACLE : Pitches Security of the Cloud to Software Clients
10/18 RIBEIRO SETTLES FOR ORACLE CORPORATI : ORCL) Retail In Bid To Achieve More Omnic..
10/17 NETSUITE INC (NYSE : N) Focuses On Accelerating Business Expansion In EMEA
10/17 ORACLE : Ribeiro Selects Oracle Retail to Anticipate Demand and Gain More Omnich..
10/16 ORACLE : Defines Path to Open API Banking with an Unparalleled Array of Solution..
10/16 ORACLE : Financial Services Transaction Filtering Now Available
10/16 ORACLE : NetSuite Accelerates Business Expansion in EMEA
10/16 ORACLE : SystemsAccountants Supports Expansion into New Markets with NetSuite
10/16 FROM GARAGE TO GLOBAL : Buster + Punch Chooses NetSuite Cloud
10/16 ORACLE : OSL Cutting Technologies Modernises with NetSuite OneWorld
More news
News from SeekingAlpha
10/16 ALIBABA VS. AMAZON : Cloud Wars
10/13 Can Oracle Really Return To Significant Growth?
10/12 Fishing For Good Stocks - Cramer's Mad Money (10/11/17)
10/07 ORACLE : A Period Of Strong Growth Is Just Beginning
10/07 Stocks Going Ex-Dividend The Second Week Of October
Financials ($)
Sales 2018 39 682 M
EBIT 2018 17 653 M
Net income 2018 10 409 M
Finance 2018 13 750 M
Yield 2018 1,40%
P/E ratio 2018 20,13
P/E ratio 2019 18,81
EV / Sales 2018 4,83x
EV / Sales 2019 4,45x
Capitalization 205 B
Chart ORACLE CORPORATION
Duration : Period :
Oracle Corporation Technical Analysis Chart | ORCL | US68389X1054 | 4-Traders
Technical analysis trends ORACLE CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 56,0 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Safra Ada Catz Co-Chief Executive Officer & Director
Mark V. Hurd Co-Chief Executive Officer & Director
Lawrence Joseph Ellison Executive Chairman & Chief Technology Officer
Karl Braitberg Senior Vice President-Worldwide Operation
Mark E. Sunday Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
ORACLE CORPORATION26.42%205 294
SAP14.87%136 585
INTUIT27.08%37 345
SERVICENOW INC64.50%20 955
CONSTELLATION SOFTWARE INC.19.75%12 493
TRIMBLE INC34.76%10 392