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ORACLE CORPORATION (ORCL)
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Oracle : Oracles Newly Launched Autonomous Database Challenges the Amazon Empire

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10/04/2017 | 04:33pm CET

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

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Financials ($)
Sales 2018 39 655 M
EBIT 2018 17 490 M
Net income 2018 10 414 M
Finance 2018 13 743 M
Yield 2018 1,44%
P/E ratio 2018 20,32
P/E ratio 2019 19,04
EV / Sales 2018 4,87x
EV / Sales 2019 4,55x
Capitalization 207 B
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Number of Analysts 37
Average target price 55,9 $
Spread / Average Target 13%
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Managers
NameTitle
Safra Ada Catz Co-CEO, Principal Financial Officer & Director
Mark V. Hurd Co-Chief Executive Officer & Director
Lawrence Joseph Ellison Executive Chairman & Chief Technology Officer
Karl Braitberg Senior Vice President-Worldwide Operations
Mark E. Sunday Chief Information Officer & Senior Vice President
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