Highlights from Larry Ellison's OpenWorld 2016 Keynote
Posted by Niamh Vaughan
Lots of exciting announcements at Oracle OpenWorld - In case you missed it, here are some of the highlights - Cloud at Customer Machine, New Competitors, complete Application Suite, SCM in the Cloud, Chatbots and much more!
From Well to Water System - A Generational Change in Enterprise IT
Larry Ellison started off his keynote with some high-level remarks on the fact that Enterprise IT is in the middle of a generational change, moving from on-premise (many smaller data centers) to the Cloud (a few super data centers).
He compared the transformation in Enterprise IT to the change that took place in other areas, giving the example of the water network.
In the past, in order access water you had to have your own well, now we get our water from a water system. Ellison argues that the Cloud offers the same possibility for Enterprise IT– instead of each of us having our own, we now can access a common utility. Just as with other utilities, this generates Economies of Scale and means we get better service at a lower price.
A Brave New World with New Competitors
Ellison then continued to talk about changes in the competitive landscape. Oracle’s major competitors are no longer the same as they were five years ago. According to Ellison, the two major competitors today are Amazon (Infrastructure) and Workday (Applications). Historically, their competitors would have been IBM for Infrastructure & SAP for Apps.
Oracle Cloud: Six Design Goals
Ellison outlined the key design goals at oracle
Cost: Lowest acquisition price – Lowest Total Cost of Ownership (TCO)
Reliability: Fault tolerant – no single point of failure
Minute 34; Supply Chain Manufacturing Suite. Ellison talks about Oracle currently being the only complete Manufacturing & Supply Chain Cloud offering, covering all aspects including:
Minute 37: Customer Cloud Machines – Compatibility, Migration & Co-Existence. A new offering from Oracle which gives you new choices for the Oracle Cloud Platform by bringing the Oracle Cloud to your data center. Learn more about Oracle Public Cloud Machine
Minute 55: Chatbots – using a texting interface to communicate with your Enterprise Applications. Make your own chatbot. Larry gives us a demo (57 minutes) by ordering some new business cards!
Minute 1:05 Announcing Oracle Analytics Cloud Suite which is now twice as fast as Tableau.
Minute 1:09 IoT – Packaged Domain Specific Smart Applications. Specific IoT Applications around:
Minute 1:10 Machine Learning & AI. Machine learning is now being used in the “real-world” for example predicting buying behaviour among consumers.