We all recognize it. In actuality, it has already started and will continue to grow. Globally, legislation and policy that particularly addresses the usage of AI are growing. The Stop Discrimination by Algorithms Act, the California Code of Regulations, the CCPA, the AI Bill of Rights, the Algorithmic Accountability Act (US), and numerous more rules from around the world are examples.

As individuals, this should inspire us. Our freedoms and privacy are being watched after and protected. Global governments will impose strict criteria, especially for solutions involving high-risk AI. All is well. However, as businesses, things are different. Of course, brands want to provide their consumers with AI solutions that are compliant, but are the requirements of law becoming too onerous to make creating and maintaining AI solutions affordable? Is it worthwhile to take the chance given the severe penalties in place now for non-compliance? “Is the squeeze worth the juice?” They can hear their sobs. Can we trust that vendor-provided AI services are compliant themselves when employing them, in addition? Should customers only concentrate on internal heuristics and overall process improvements?

A reasonable point of view. However, it would be a tremendous loss if they were not able to reap the performance advantages that AI may offer at a time when businesses are seeking to expand, protect current income streams, and discover efficiencies in their operational models.

The pathway forwards

Even though there are inherent challenges in guaranteeing compliance in an artificial intelligence (AI) world that is becoming more and more controlled, the effects of these laws can be seen as favorable from a business perspective. Characteristics like these, such as explainability, may offer businesses the chance to build trust among current and potential customers as well as a real point of differentiation.

Although there are changes by sector, risk, and location, the legislation essentially tries to concentrate on the same important factors:

To make achieving compliance more simple, standard “frameworks” are being developed for use by client and vendor organizations. The Bundesamt für Sicherheit in der Informationstechnik (The Federal Office for Information Security), for instance, is developing a framework to support compliance audits in Germany. Businesses will be able to assess their compliance with some parameters using frameworks like these (including those listed above).

The organizations developing these frameworks are likewise being pressured by technology vendors to make them as easy to understand and use as possible. So, you can rest assured that work is being done in the background to make it simpler for business customers to apply the measures needed to use AI in a compliant manner.

To provide clients with the assurance they require that the tools and services they are using are based on technology and processes that are themselves compliant, vendors are also trying to guarantee they continue to be compliant when new law surfaces.

An easy, worry-free method to use AI via the software your organization uses every day to carry out its key workflows is through embedded AI, which is AI included in the business software you use to run your business.

Conclusion

While businesses may be concerned about the extra responsibilities and investment needs that new AI legislation and stricter industry rules may impose upon them, assistance is available.

AI frameworks are being developed to assist organizations in developing and managing AI technologies legally. In addition, technology suppliers provide compliant solutions via AI platforms, tools, and services as well as integrated AI, enabling developers to create solutions that are trustworthy, transparent, and secure.

Ironically, the market for AI may expand as a result of tighter laws and restrictions. Businesses may be certain that the AI solutions they use will improve their brands and not put them in increased danger if they know that the solutions are legal and uphold people’s rights. Since they can continue to use AI at a time when they most need it, the future of AI in business seems promising.

 

 

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What a pickle all of us are in. It has been more than two years since the pandemic hit the world and a global shutdown followed. But is this the case? Is the business in 2019 “normal” as we previously knew it to be?

The post-pandemic context for business

As the world recovers from the world pandemic and deals with a decreasing workforce, a global semiconductor shortage, and rising energy costs, pent-up demand driven by a hopeful consumer and corporate population has put tremendous pressure on margins. Of course, all of this comes after two years of revenue that was absent or considerably reduced for many. Due to the global recession, many companies are closing their doors and becoming less profitable.

Business leaders usually have to make tough choices on discretionary spending because survival is always on their minds. Innovation and investment are usually limited because they always include a level of unquantifiable risk and, more importantly, a lag in ROI, regardless of how strong the business case is. So that’s it. For the time being, at least, we should forget about everything innovation-related, including investments in AI capabilities.

But there has long been proof that businesses that invest and develop during such unsettling and tough times come out stronger and more resilient than they did before they encountered such trying circumstances. Over the years, a lot of industries, including customer packaged goods, automotive, retail, and technology, have seen increases in sales and market share. For instance, this approach was once followed by Kellogg’s, Toyota, and Walmart. But what can we anticipate right now? What can we especially anticipate in terms of AI?

Could businesses be using AI to create their way out of trouble?

It’s interesting to note that data indicates that companies are still hopeful about AI and want to increase their investments in this post-pandemic economy, in addition to maintaining their current levels.

Figure 1: Change in investment level of artificial intelligence (AI) in organizations worldwide due to the COVID-19 pandemic in 2020, by industry. Source: Statista 2022.

What does this mean, then? What is the current state of AI spending and how much is expected to be spent on AI in the upcoming years? IDC reveals the following trend:

Figure 2: Worldwide AI Systems Spend. Source: IDC – Worldwide Artificial Intelligence Spending Guide (September 2022)

What business leaders need is some proof of what types of innovation produce a demonstrable return, a short time to pay back, and ideally, a low cost of entry.

Enter artificial intelligence (AI), or more specifically, new strategies for how businesses can quickly and affordably acquire AI capabilities. In order to deliver AI in methods that minimize the need for significant investment and, in some cases, do not require any investment at all, technology vendors have been working hard in this area. They offer the tools and pre-built outputs.

Simpler but better

Of course, the foundations stay relevant. AI needs to be welcomed and used throughout the entire company if it is to produce a significant return. Solutions must fit your business model and complement your employees to accomplish this without friction. Naturally, the better the answer, the easier it will be to implement. Low entry costs and general acknowledgment are strongly correlated with simplicity.

The skills necessary to create and maintain machine learning models, as well as the modifications to infrastructure and capital investment necessary to conduct asset calculations and produce outputs, are usually issues for organizations looking to start using AI or increase its use (often in real-time).

Today, businesses that wish to use AI may do so by using safe third-party infrastructure, which offers all the parts needed to create and maintain comprehensive AI solutions (including a machine-learning production pipeline). They may “rent rather than buy” the necessary infrastructure with the help of their in-house data science team, cutting costs to an absolute minimum while keeping the performance and security of their basic infrastructure, which supports their core business.

Also, the cost of admission is far from being prohibitive because so many suppliers now provide highly competitive payment methods. For a system that works for you, shop around and select the best combination of security, performance, and cost-effectiveness.

The value of embedded AI

By integrating AI into other products, technology companies are also assisting organizations in acquiring these capabilities for free. In many cases, AI has transformed from a pay-for-extra to a “value-add” collection of features within more general business software. Customer vendors are paying close attention to the workflows of their primary user personas and using AI to speed up these processes and surface important information to help these users be more productive in their everyday tasks.

These capabilities are being included in both front- and back-office software so that companies can improve productivity throughout their entire organization. Embedded AI is offering organizations a clever way to acquire fully operational AI capabilities precisely where they are needed, at the precise time they are needed, and, in many cases, at zero incremental cost. AI outputs surface automatically in software environments already familiar to personnel in finance, recruitment, talent management, procurement, sales, and marketing.

In this approach, a wide range of AI-powered capabilities is now accessible, offering a variety of helpful data suited to the user’s position. For instance, in the financial industry, the account payables team’s manual data entry uses up a lot of bandwidth. Each AP clerk might save double-digit amounts of time by using complete or partial predictive data entry to make sure the correct client account codes are entered. The lengthy and usually manual nature of the recruiting process is sometimes contested in recruitment. Here, AI is enabling front-end screening before in-person interviews by enabling a fully automated procedure to fully analyze every single candidate’s resume. A wonderful example of how AI can oppose the realities of human behavior when engaging with a firm is in customer service, where it can be used to counteract how customers send SRs (typically via email rather than the ticketing system). Finally, AI-powered scoring models are giving businesses a new way to score prospects and customers in sales and marketing. These models also offer helpful advice in the form of on-screen suggestions for the best course of action to close a deal.

AI can be a helpful antidote to the current commercial and economic difficulties. It might not be a vaccination as we know them, but it gives companies the ability to organize more, improve service levels, save costs, and increase profitability. Perhaps this makes it the medicine we all need right now to make us more robust the next time. Businesses cannot afford to delay innovation in the field of artificial intelligence (AI).

 

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Economies develop quickly. Keeping up is getting harder every day, and the challenges in the market today are making it increasingly harder. Today’s CEOs are confronted with never-before-seen business challenges, such as supply chain interruptions, labor shortages, currency volatility, and geopolitical upheaval.

Businesses and executives need to have real-time visibility over market activity, operational performance, human capital, and financial resources to convert these challenges into opportunities, let alone navigate them. To develop an integrated, cross-functional set of business processes that provide their industries a competitive edge, businesses must also remove long-standing functional barriers like those between HR, finance, marketing, and sales. Companies must take the lead in business automation, standardization, and simplification, allowing innovation to drive future success, as part of keeping up with the fast-changing business landscape.

Industry leaders are looking to the best SaaS providers for answers as a result of the overwhelming nature of these complex set of business challenges.

Delivering end-to-end performance for modern enterprises with Oracle’s SaaS solutions

Since the introduction of ERP in the 1990s, businesses have adopted a lot of business application solutions, resulting in decades of process innovation and best practices. Across industries and regions, these innovations have led to new levels of performance, profitability, and service. Oracle’s SaaS Suite has a proven history of setting new heights.

What can users expect from the Oracle SaaS application suite?

Oracle offers the most comprehensive collection of cloud SaaS services that enable faster software development, cheaper up-front costs, easy customizations, and configurations—all on a single data framework that provides you better visibility across your entire company. capabilities that much exceed those of the competitors.

Integrated business application suites address the most urgent problems of the day

The market dynamics of today demand that organizations be able to change course quickly. Because of this, executives must not only have the appropriate information at the appropriate moment but also the information they can trust to make the best business decisions. The business must then be able to quickly carry out these plans after making the proper choice.

Starting with the data foundation, information systems can be built to be flexible and unified to meet these business needs.

With Oracle Fusion Cloud Applications Suite, you can create a comprehensive set of business applications that are all based on a single data model, which makes you stand out from the competition. Businesses can trust on the data is fundamentally solid and that new uses of the data can be readily supported with a minimum of complexity to produce insights quickly by having one source of truth drive all applications.

Oracle is the only SaaS provider with an integrated suite of apps, including ERP, EPM, SCM, HCM, and CX, according to a recent analysis. The ability to connect capabilities between applications improves efficiency, quality, security, and data integrity, making application integration the main differentiator in this situation.

Let’s analyze a current real-world situation affecting numerous corporate interests for example supply chain interruptions. Executives must quickly recognize or even predict disturbances to resolve these difficult challenges. Deep supply chain visibility may be needed for this, as well as the development of automated warnings to increase visibility when an issue is discovered. To replace it with another vendor, the operations team may need to find additional “similar” vendors who can adhere to deadlines and understand government trade regulations. The manufacturing team may need to review their build plans in collaboration with the SCM team, and they will need to coordinate with finance to modify operational and financial performance indicators. The better the outcome, the quicker the organization can anticipate, plan for, and address these difficulties

Businesses may keep ahead of market changes, reduce their disruptions, and increase competitive advantage by having cross-functional solutions like Oracle Fusion Cloud Applications Suite, which help to predict (through purpose-built AI/ML), plan and report (EPM), and execute (ERP).

Native next-generation technologies: Designed to produce business results

The native-built capabilities of reducing technologies like AI/ML, digital assistants, IoT, blockchain, and EDM were analyzed in the second comparison of SaaS suite providers. In contrast to platforms or generic technologies that need customization, it was discovered that providers that can supply new technologies as purpose-built solutions will have the biggest impact.

Once more, the only option that offers native capabilities across all new technologies is the Oracle SaaS suite.

It’s also important to note that the ability of the providers to make investments in their own platforms is important for new technologies. Enterprise executives want to invest based on their innovation and skill trajectory over the course of the next ten years or more, not only on the capabilities of the solutions as of today. According to the report, Oracle was one of just two providers to have spent more than $56 billion on research and development over the past ten years, and it will continue to lead the industry in this area.

Additionally, it was discovered that Oracle gave business leaders a single “throat to choke” in the event of a problem, covering everything from application capabilities to performance, security, and availability. Since many of the competing providers use one or more hyperscalers, there is an increased risk of blame-shifting between vendors.

Consider the entire solution, from top to bottom, while choosing the best SaaS suite provider. Oracle is exceptional in that it is the only company offering all cloud layers, from infrastructure to apps to cutting-edge technology. To get a competitive edge, this combination offers the best performance, security, and scalability while allowing access to market-leading applications. The Oracle Fusion Cloud Applications Suite is the full suite to address your most difficult problems.

 

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The impending workforce problem that service organizations have been anticipating has now come. To find, hire, and keep people, field service directors are exerting more effort and spending more money. They must simultaneously innovate service delivery, achieve their goals for customer satisfaction, and increase service revenue.

Therefore, it came as little surprise to me when recent studies confirmed how service organizations are adjusting all in all:

• IDC reports that about 73.3% of manufacturers believe artificial intelligence (AI) and the Internet of Things (IoT) will have a minor to major impact on the field service management (FSM) process over the next 24 months.
• Live Video (up 4%) and AR/VR (up 5%), according to the Service Council’s Voice of the Field Service Engineer research, are becoming more popular as areas of technology that can improve field service performance.

Oracle has been adding artificial intelligence into its suite of products to provide users more control and speed up businesswide procedures. Additionally, they help asset-intensive businesses connect equipment and devices to enable remote triage and preventive maintenance activities through the IoT.

But what if a customer or a service worker is already on the scene and needs help identifying and fixing an uncommon issue?

To integrate intelligent visual help technology into Oracle Field Service, they recently teamed with TechSee, a leader in the area of technology for customers, agents, and field workers.

With the use of an augmented reality (AR) layer, TechSee offers a platform that teaches it to recognize hundreds of hardware models, products, parts, and components. With this knowledge, it can help users through tasks step-by-step.

“Adding visual guidance capabilities to our leading Oracle Field Service applications is a game changer for our customers in asset-intensive industries like manufacturing, utilities, and communications,” says Jeff Wartgow, Vice President of Outbound Product Management “we’re excited to partner with TechSee to give our customers the best tools to service their customers.”

 

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Oracle Linux is a secure and extremely effective operating system. In a single, simple-to-manage support package, Oracle Linux provides the operating system, virtualization, management, automation, and cloud-native computing features. It drives Oracle Engineered Systems, Oracle Cloud Infrastructure (OCI), and Oracle Cloud Applications. Oracle Linux is a tried-and-true platform that is both highly secure and dependable for Oracle and non-Oracle applications. dozens of independent software vendors who have certified their products for the Oracle Cloud, as well as thousands of Oracle Cloud users globally.

Your OCI subscription includes Oracle Linux Support at no additional cost. You can benefit from all the features offered by Oracle Linux Support, such as access to the most recent updates and packages, round-the-clock technical support, the My Oracle Support portal’s extensive Linux knowledge base, Oracle Ksplice updates with zero downtime, Oracle Autonomous Linux, and OS Management Service to manage and monitor Oracle Linux instances, among other things. Additionally, Oracle Linux on OCI offers you a single point of contact for support for Oracle software, the operating system, and cloud infrastructure.

Oracle Linux for your OCI application workloads

Here are 12 strong reasons to consider using Oracle Linux for your OCI application workloads:

• The Oracle Linux kernel and user space can be upgraded and patched with all the most recent important fixes using Ksplice without incurring operational costs or scheduled downtime. Oracle Linux instances in OCI come pre-configured with Ksplice installed and activated.
• Updates to the Oracle Linux images that are offered on OCI happen frequently to help assure access to the most recent software.
• Enhanced Linux development environment: The Oracle Linux yum server provides quick access to Linux developers and previews software channels. Oracle builds and signs thousands of EPEL packages that are made available over the EPEL channel to ensure their security and compliance. We greatly support the Software Collection Library, which enables programmers to install current versions of Python, PHP, NodeJS, Nginx, and other components without having to worry about interfering with programs that are already using different versions of these components.
• Improved cloud developer experience: Oracle provides yum server RPMs that make it simple to install cloud developer tools including Terraform infrastructure orchestration software, software development kits (SDKs), and OCI command line interface (CLI). For the x86 64 and Arm architectures, OCI also offers the Oracle Linux Cloud Developer image, a Platform image that enables you to quickly preinstall, automatically configure, and deploy a complete development environment on OCI. A single image from the Oracle Cloud Console can be used to deploy a choice of popular programming languages, OCI client tools, database connectors, and other tools in a matter of minutes.
• Automated OS management: The OCI-integrated Oracle OS Management service helps in automating routine management operations for Windows Server and Oracle Linux systems. It offers capabilities for managing updates and packages, as well as security and compliance reporting. You can detect and fix system performance issues by using the Resource Discovery and Monitoring tool to obtain visibility into Oracle Linux CPU and memory use as well as top processes.
• Oracle Autonomous Linux, which is based on Oracle Linux, runs in OCI and is controlled by the OS Management service. Without assistance from a person, it automatically handles administration tasks such as patching with zero downtime. It keeps systems extremely safe, helps save staff costs, and helps achieve improved availability. It also monitors important OS events.
• Support for complete containers and container management: The Oracle Container Registry serves as a reliable source for Oracle software container images that have been patched. For use with Kubernetes, Oracle Container Runtime and Oracle Linux Container Services come with Oracle Linux Support.
• Faster downloads: To facilitate quicker downloads of the most recent Oracle Linux security updates, bug patches, and container images for Oracle applications, the Oracle Linux yum server, and Oracle Container Registry are mirrored inside OCI. No internet traffic capacity is used, and there are no network charges because all network traffic stays inside the OCI data centers.
• Rapid instance deployment: Using Oracle Cloud Marketplace and partner images from OCI, OCI offers simple access and quick instance deployment. Oracle Linux, Oracle Linux-based images like Oracle Linux KVM and Oracle Linux Cloud Developer images, as well as other Oracle and partner applications, can all be installed quickly and easily from within the Oracle Cloud Console.
• Oracle Linux for Arm: Create cutting-edge applications utilizing platform images of Oracle Linux for Arm installed on Ampere Altra A1 Compute shapes in OCI.
• High-performance network file system (NFS) server with Oracle Linux Storage Appliance: Using the Oracle Linux Storage Appliance image, which is offered on the Oracle Cloud Marketplace, you can quickly and easily create NFS shared storage using NVMe devices connected to OCI bare metal and virtual machine (VM) Compute instances. Images based on Oracle Linux and Autonomous Linux are both accessible.
• Red Hat Enterprise Linux (RHEL) applications are 100% binary compatible with Oracle Linux, allowing them to function without reinstallation or coding modifications. By switching yum to receive updates from the Oracle Linux yum server, you can get free support for your RHEL instances under OCI.

Oracle Linux on OCI is the most affordable and well-integrated OS in OCI because of these capabilities, which also makes it the ideal application platform.

Learn about the benefits of OCI

For mission-critical workloads, Oracle Linux is the suggested Linux distribution for Oracle applications. It was designed to offer improved security, scalability, and reliability. Learn why Oracle Linux on OCI is used by so many businesses today. Utilizing Oracle Cloud Free Tier credits, you can start with an OCI account and resources.

 

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Blue Crystal Solutions (BCS), a specialized provider of cloud, application, database, and infrastructure management services, assists clients in efficiently architecting, executing, upgrading, and supporting cloud workloads. Since 2004, BCS, which has its main office in Adelaide, Australia, has offered information technology services to a variety of business and governmental clients.

The important outcomes

BCS offers support and services for databases, infrastructure, and applications around-the-clock in Australia and abroad. They serve a large number of clients in the public sector and believe that utilizing digital technology is essential to reforming and upgrading public services. Every Oracle Database release since 10g, as well as Oracle Middleware and Oracle EBS, both on-premises and in the cloud, have been used to create solutions.

“The main result that matters to me is a happy customer. We ensure that we deliver and provide the best solution that meets their business needs and increases their business performance in a rapidly changing IT environment. Customer retention is key for us. We have customers that have been with us for 18 years,” Vito shared.

It is recommended to use Oracle

The Oracle Linux functionality is the best fit for workloads such as Oracle Database, Data Guard, RAC clusters, middleware, and applications, according to BCS presale engineers that work with customers regularly. It offers the performance and dependability that its customers need because it is pre-optimized for large enterprise workloads. They discover that Oracle Linux performs well for Oracle workloads.

“As a service provider, we need to meet the performance, security, and reliability requirements of our customers and meet strict SLAs. With the complete synergy between Oracle Linux and Oracle Database, middleware, and applications such as E-Business Suite, we can confidently meet these requirements and SLAs,” Vito shared.

Josh added: “Having a one-stop shop for the full stack has provided us much better incident resolution times. But more importantly, it provides business benefits to customers, such as early access and ease of deployment of software fixes, functionality, and enhancements; higher security with lower risk; and optimized and reduced support costs.”

To improve performance and licensing, BCS clients typically wish to consolidate their Oracle Database workloads into fewer instances. As a result, Oracle virtualization is a good fit in BCS’s opinion because it supports particular customer workload requirements and makes financial savings possible through hard partitioning.

Josh shared: “Moving to the Oracle KVM-based virtualization manager has simplified our support process and installations compared to our previous non-Oracle virtualization methods.”

Comprehensive and economical

BCS must offer affordable, simple-to-implement solutions to assist customers to maximize their business success. They discover that Oracle Linux Premier Assistance, which offers 24/7 Linux support as well as support for virtualization, management, automation, and clustering technologies, is a thorough and affordable support option that enables them to provide the best possible customer service.

The BlueDiamond tool, developed by BCS, is an integrated, proactive, and preemptive event and outage monitoring tool for databases and applications. It uses Oracle Linux and is their main enterprise SaaS managed services solution.

Deployments of hybrid clouds

The majority of BCS clients utilize hybrid cloud infrastructures. At first, a lift and shift to the cloud was the most common strategy, but nowadays, many businesses are keeping or bringing back some of their on-premises workloads. BCS always advises utilizing Oracle Linux, which is supported on-premises and in public clouds like OCI, AWS, and Azure, for customers’ essential workloads.

“We are moving towards more and more cloud implementations. Having the same operating environment across on-premises and different public clouds simplifies operations for our customers,” Vito shared.

BCS is switching from conventional deployments to deployments based on containers. For instance, they just developed a new Oracle environment in AWS using containers and Kubernetes on Oracle Linux while collaborating with a worldwide client.

 

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As a result of the outbreak, there are increased demands all across the world. Additionally, there is no doubt that the exponential speed of technological innovation will continue, allowing for one of the most exciting times of positive change and advancement in history.

Many businesses will need to undergo systematic transformations, and executives have realized that speed and agility are required to outpace change and succeed.

Concerning B2B, we must recognize that the B2B sales landscape has fundamentally transformed. It’s no longer enough to get in front of a decision-maker and create a strong first impression; it’s about building a buying relationship based on openness and bi-directional value generation.

Control rebalancing between buyers and sellers

The B2B buyer has more control over the sales process than ever before. Buyers are also more selective about where they obtain information. What about the buyers? They’re well aware that they’ll need to throw out their playbooks and accept the new laws of selling through influence.

Industry boundaries are blurring

The market requires a highly interoperable environment in which numerous parties collaborate to create and consume interesting products and services. The problem is that most organizations’ systems were not built to provide sellers with useful insights from customer, enterprise, and ecosystem data.

This suggests they lack the necessary capabilities now. However, without them, businesses will surely suffer in sales effectiveness, growth, and personnel retention.

Here’s our secret recipe: meeting customers where they are, assisting them in accelerating the pace of their transformation, unlocking talent potential, and, most importantly, ensuring adaptability. Oracle has access to all values. This is the key to establishing a resilient organization that is prepared for the future.

To comprehend the future of CRM, it is vital to understand that marketing and sales are only the edges of an end-to-end process that begins with establishing a marketing campaign and ends with closing the transaction.

IDEA stands for Intelligent, Data, Ecosystem, and Architecture, and it is my vision of the future of engineered selling:

• Intelligence is about filtering the noise to boost salesperson productivity. This is the area of automation and artificial intelligence.
• Data is about establishing and utilizing a contemporary data foundation. It necessitates the demolition of silos. This treasury has never been sufficiently monetized.
• Ecosystem support. Interoperability with partners, customers, and capabilities such as partner experience, onboarding, and enablement is critical in the B2B sector.
• Architecture. For the past 22 years, we have produced Technology Vision, a trends study. We proclaimed in 2013 that “Every business is a digital business,” then in 2014 that “Every business is a technology business,” and most recently that “Every business is a metaverse business.” Architecture is more important than ever in this environment.

Oracle Fusion Marketing and Sales’ sweet spot

Oracle Fusion helps bridge the gap, allowing marketers and sellers to focus on what they do best: establishing relationships and closing business. This can have a measurable impact on them, their businesses, and the market.

Sellers can obtain help in producing optimum quotas, managing territories, aligning sales pay, and creating sales plans by combining real-time customer intelligence with data from the ecosystem of third parties as well as ERP and HR systems. Here, innovation is natural and easy.

The future of marketing is a limitless, adaptive, and profoundly human architecture designed to exploit the power and elasticity of the cloud in conjunction with AI and machine learning.

Accenture and Oracle have been collaborating for over 30 years, bringing unrivaled creativity, industry, and technical expertise to our combined clients. We may work together to assist clients to get a competitive advantage by increasing sales, keeping customers, and expanding.

 

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Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

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When the pandemic first hit, every business had to react quickly. After nearly two years, you’d think the speed of change would begin to slow. It hasn’t happened. Businesses are more resilient and moving faster than ever before.

Companies must adjust and change quickly in order to adapt and survive, or risk being left behind. Many people are looking for new technology to help them succeed with their digital, financial, and business transitions. Modern cloud applications are an essential component of any digital strategy, but consistent organizational data is essential for supporting these transformative developments.

To address the data difficulties that occur with routine structural change, firms have traditionally employed spreadsheets, homegrown tools, departmental wikis, workflow engines, and bespoke solutions. Meetings, back-and-forth emails, manual recordings, and manual data uploads are common DIY operations.

When the pandemic arrived, DIY equipment and procedures were hopelessly inadequate. Before the invention of remote working, most data management decisions were made in person, involving a few key employees who consolidated data entry, resulting in a single point of failure.

DIY master data management does not cut it in a dynamic, cloud-enabled organization. It’s inconvenient, difficult to maintain, and usually only a small number of people in the organization understand it—all of which creates risk.

Some organizations are attracted to going in-house because they believe it gives them more control and better integration capabilities—but they usually overlook the realities. They must not only produce a minimal viable product but also continuously develop and nurture it. As usage grows and the number of changes managed within grows, the brittle character of change procedures becomes apparent. Data management complexity develops as data grows and new applications and domains are brought in. Scaling this in-house becomes difficult. The expenses and overheads of improving, scaling, upgrading, maintaining, and backing up such a solution quickly add up to a bottomless pit of money. Your beloved solution has suddenly become a white elephant.

There is an alternative. To manage and preserve consistent data, today’s businesses require a fully digital, adaptable, agile, and incremental platform and service that enables teams to collaborate from the start to manage and oversee structural changes.

The advantages of a purpose-built cloud EDM

Instead of depending on do-it-yourself solutions, businesses should consider a purpose-built, off-the-shelf EDM solution such as Oracle Enterprise Data Management. Consider Oracle EDM for the following reasons:

• Purpose-builtOracle EDM is designed specifically to address enterprise data change management issues. A complicated organization, for example, with multiple legal entities, and operational and analytical requirements, requires a flexible platform like EDM. The alternative is to create data management solutions from disparate technologies that were not designed to function together.
• Connected and integratedOracle EDM is an open interface that allows you to integrate with any system, whether it is operational or analytical, Oracle or non-Oracle. New templates enable implementation partners to use accelerators to expand the scope to incorporate third-party programs such as SAP, Workday, and others. All of these features are provided at no additional cost to EDM customers. In a do-it-yourself scenario, each of these capabilities would have to be coded by the customer and maintained over time through engineering change orders, necessitating ongoing care and feeding as well as additional costs to the company.
• Self-service and citizen-ledBusiness users, including application owners and data managers, can configure policies, permissions, and business rules so that EDM’s context-aware inference engine can invite participants to human workflows and automatically harmonize data across applications. Even the most complicated settings are designed to be available to the business, not IT, in the spirit of self-service. A visual designer, for example, can be used by business users to define business logic and translate their needs into calculated values, filters, predicates, and data transformations. You can modify data without coding knowledge if you can explain it logically.
• Rapid innovationOracle EDM is an established solution. It has been broadly available as a SaaS service for five years, during which time Oracle has delivered more than 25 major feature releases, rapidly delivering new capabilities to our clients. Oracle EDM has altered the game by directing its patented technologies to use agile techniques to incrementally evolve data transformation initiatives, add business rules atomically (one at a time without interfering with other rules), and adjust processes to changing data regulations and standards.

55% more efficient

The story of a huge retail organization exemplifies the distinction between build and buy choices. There were three enterprise resource planning (ERP) systems in use at the organization. As a result, all changes to the company’s chart of accounts had to be routed through these three ERPs, as well as planning, financial consolidation and closing, and other systems. It took at least four individuals and over five hours for the shop to perform a single master data change.

According to the company’s own time and motion research, the retailer understood it needed a more streamlined, automated approach, so they chose Oracle Cloud EDM. Now, change management involves one person and slightly more than two hours. Consider the resource reallocation they obtained in light of the regularity with which enterprise data must be managed for routine updates (not to mention major events, like a merger or a new ERP system).

According to the retailer’s research, Oracle EDM is 55% more efficient than their proprietary end-to-end process. In the short term, the company will cut licenses over several on-premises systems, standardize on one chart of accounts, and work toward automating the financial closure. It also features a unified enterprise data management approach that is used by all locations in all geographic regions.

The most significant distinction is that cloud-delivered EDM enables a corporation to optimize its data resources (people, knowledge, and technology), freeing up application administrators and others for more productive work. Instead of traditional data administration, they can focus on innovation and improving their competitive advantage.

When it comes to build vs. buy, “Buy” is definitely the best

The advantages of a cloud EDM solution extend beyond efficiency. A purpose-built EDM system can cut IT expenses, increase data governance, reduce the risk associated with incorrect data, and free up your employees to work on more value-added tasks. Building customized technology is similar to building and flying your personal airplane. You are the only person on the planet who is piloting that plane! Who would ever construct an airplane for themselves? It’s a terrible idea. Our commitment is to create software of the best quality, at the lowest possible cost, with the fewest errors and omissions, and at the lowest possible risk.

 

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Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com

Flexible Compute Resource Provisioning

With the Oracle Base Database Service family on Oracle Cloud Infrastructure, you can now execute Oracle Database applications quicker, with more data, and using appropriately sized database resources (OCI). Higher performance AMD Standard E4 Flex shape Virtual Machines (VMs) with OCI Block Volume storage enables you to run Oracle Enterprise Database Service with up to twice the compute, memory, storage, and networking capabilities previously available. These new capabilities help improve the computation and storage performance of Oracle Standard Database Service.

These VM DB System shapes are based on third-generation AMD EPYC Processors, allowing you to provide any number of OCPUs, up to a maximum of 64 OCPUs (128 vCPUs), with a single Enterprise Database Service VM. Each OCPU includes 16 GB of memory, so adding more OCPUs increases the memory available in a single VM to 1 TB. Each OCPU additionally includes 1 Gbps of network bandwidth, bringing the total amount of network bandwidth for a VM with 40 or more OCPUs to 40 Gbps.

Greater IOPS and Throughput with Higher Performance Storage

Oracle Base Database Service now provides higher-performance OCI Block Volume storage for workloads with high IO requirements. For single-node installations, AMD VM Standard E4 Flex forms loaded with higher performance storage may grow data capacity up to 80 TB and reach a maximum of 640K IOPS and 5,120 MB/s throughput. You may reach a maximum of 1,000K total IOPS and double the throughput of single-node deployments with a 2-node Oracle RAC deployment with higher performance storage. OCI Block Volume storage with balanced performance is still available and offers a good balance of performance and cost benefits for the majority of applications.

When you configure a VM DB System in the Oracle Cloud Infrastructure (OCI) Console, the theoretical IOPS is now displayed so you know what degree of IO performance to expect. The theoretical IOPS are displayed in the Console based on the number of OCPUs and storage settings. It also indicates which resource, compute or storage, is limiting IO performance, allowing you to make adjustments as needed to get the desired outcome.

Scaling your Database VM System

The amount of OCPUs in a compute shape can be readily scaled up or down from the OCI Console, with the change taking effect after a VM reboot. In a 2-node Oracle RAC configuration, reboots are performed in a rolling fashion, resulting in no database downtime.

You can also scale up data and recovery storage independently without affecting the VM DB System environment. This allows you to scale up data storage capacity and performance as needed to handle growing data warehouses and transactional workloads.

OCI Database Application Development and Deployment

Oracle Base Database Service is compatible with Oracle Database Enterprise and Standard Edition 12c, 19c, and 21c. Its convergent database engine boosts developer and operational productivity by supporting any data type, workload type, and development style. Oracle Database dramatically simplifies application development, data integration, and database management by allowing you to use a single enterprise-grade database that can be installed anywhere rather than having to maintain a separate single-purpose proprietary database for each data type and workload. With full compatibility with Oracle Database deployments on-premises and in the cloud, you can design applications once and operate them anywhere.

Oracle Base Database Service offers cloud automation via the OCI Console or APIs, reducing manual database administration activities and the possibility of human mistakes. The Oracle Maximum Availability Architecture, which constitutes the high-availability architecture for Oracle databases in the cloud, is developed on Integrated Oracle RAC and Oracle Data Guard. Oracle Base Database Service security not only protects data in the Oracle Database but also offers multi-layer defense-in-depth protection from the database to the cloud. In-depth defense works by adding controls throughout the Oracle stack to strike a balance between risk reduction and operational efficiency.

Oracle Base Database Service is always evolving with new features. Here are some recent changes that make it even more user-friendly.

• With custom database software images, you can easily distribute customer-specific updates across different platforms.
• Using the OCI Console or APIs, you may easily create and maintain Pluggable Databases (PDBs).
• OCI Vault allows you to centrally manage encryption keys.
• Use the built-in Performance Hub and Metrics to monitor database performance.

Summary

AMD VM Standard E4 Flex forms for Oracle Base Database Service offer granular OCPU and storage capabilities, allowing you to appropriately size compute, memory, and storage for database applications. By allocating database compute resources in single OCPU increments, you can avoid over-provisioning. Scaling up or down resources in an Oracle RAC setup without disrupting database operations improves availability and meets peak workload needs while lowering expenses.

 

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Here at CourseMonster, we know how hard it may be to find the right time and funds for training. We provide effective training programs that enable you to select the training option that best meets the demands of your company.

For more information, please get in touch with one of our course advisers today or contact us at training@coursemonster.com