The tech giant Oracle announced the launch of new cloud computing services powered by Ampere computing chips which are based on Arm technology. After Amazon, Oracle is the first company to offer cloud services based on Arm tech. Oracle said it will rent the chips at 1 cent per computing core per hour, which is 50% lower than the competition. Oracle also offered assistance to help expand business software that runs on Arm chips.
Israel has signed AWS and Google to provide cloud computing services for the country’s public sector and armed forces. The tech giants won the tenders for the four-phased project worth over a $1 bn named “Nimbus” by beating Microsoft, Oracle, and IBM. The migration to the cloud will begin in two months. The system will not be centralized, and not all the data will not be on the cloud. Google and Amazon, under the deal, will make purchases in Israel to 20% of the value of the contract.
Oracle announced the release of the first-ever 3D ad-measurement in-game tech. This will enable companies to get a better understanding of the impact of ads on video games. The latest Oracle update includes GIVT measurement for PC, mobile, and web-based gaming environments in ‘Oracle Moat Measurement’. Oracle Moat will enable advertisers to better analyze ad impressions and GIVT and manage their investments.
Arm, which is being acquired by Nvidia for a $40 bn deal, while giving details about new chips said that its “N2” Neoverse computing cores will be 40% faster than the previous generation while its “V1” cores – designed for artificial intelligence tasks – will be 50% faster than traditional methods of doing the same tasks. The UK-based chipmaker said that Oracle and China-based Alibaba Group will use its new next-generation technology for the data centers.
SBI Card has implemented Oracle HCM HR System and integrated it with Oracle HCM Cloud with other Cloud Apps of Payroll, rewards & recognition, and expense management. The company now onboards new employees on the Cloud HCP platform with ease and success. “Now Employee Onboarding, performance management and training are done on Cloud HCM solution,” Rama Mohan Rao Amara, MD & CEO, SBI Card, said in an interview with ETCIO.
Oracle will help organisations to migrate, partially or full, to its cloud computing services for free, as it aims to tap potential cloud-computing clients by allowing them to save time and money. Oracle, while competing with the likes of AWS, Google and Microsoft, is banking on its free support to persuade firms to opt for its cloud services. Over 100 clients, so far, have taken benefits of Oracle’s “Cloud Lift Services” in the past six months, which will open globally on Wednesday.
COVID-19 pandemic has caused a rise of financial anxiety and stress among business leaders by 186 % and sadness grew by 116 %; consumer financial anxiety and stress doubled and sadness increased by 70%, said a study by Oracle and personal finance expert Farnoosh Torabi. The survey, in which over 9,000 consumers and business leaders across 14 countries including India participated, said that 83 % India’s trust a robot over human to manage finances.
Oracle is leaving Silicon Valley for Texas as it embraces a WFH model made common by the pandemic. The Business computing giant is moving its HQ from Redwood Shores in Northern California to Austin, which has been luring tech companies for long and is home to the South by Southwest Festival which has an “interactive” part devoted to internet innovations. Elon Musk, this week, confirmed his move to Texas, which offers a low-cost living and zero state income tax.