Oracle, in an attempt to leverage India’s fast-growing tech sector, has unveiled plans to amplify its investments in the country by a considerable amount. The company’s focus on artificial intelligence (AI) and data is instrumental in its efforts to strengthen its position and bring forth innovation amid the fast-paced tech industry.
Doubling Down on India
The evidence of a strong commitment by Oracle to India is seen in its plans to double the investments. The Oracle Japan and Asia Pacific’s senior vice president for technology and customer strategy, Chris Chelliah, estimates that the company will pay the sum of $10 billion for the construction of new data centers. Such centers will become a cornerstone of supporting Oracle’s worldwide AI expansion strategy.
AI Revolution
AI in India is gaining prominence with business people and other institutions understanding its ability to transform. As the nation gets digitized, AI is turning into a basic driver in many sectors. By incorporating AI into its product range is the current objective of Oracle.
Oracle’s AI Initiatives
Oracle is integrating the AI technologies to its SaaS software applications. From customer relationship management (CRM) to enterprise resource planning (ERP), AI driven understanding improves decisions and leads to efficiency.
Strong data management and infrastructure are the pillars of an AI success. The data center investments made by Oracle will give a fundamental basis for the AI-powered solutions.
Oracle Database 23ai
Oracle recently introduced the new version of its database, the 23ai version of Oracle Database 23ai. This launch unveils the new Oracle AI Vector Search along with more than 300 major features engineered to make the use of AI with data less intensive.
Clients can apply AI Vector Search functions to search across documents, images, and other kinds of unstructured data together with private business data without having to shift or duplicate these data. This new iteration of Oracle Database 23ai places AI algorithms next to datasets, thereby increasing the speed, accuracy, time efficiency, and security of AI-driven apps operating on Oracle databases in real-time.
Competitive Landscape
Oracle’s plan is made at the time when other dealers like Microsoft and Meta have also shown interest in India for data center expansion. The country boasts of deep talent pool, growing digital economy and friendly business environment that make it an attractive investment in the tech domain.
Conclusion
In the context of digital transformation in India, Oracle’s investments in those areas may be seen as a sign of the company’s confidence in the country’s growth. The introduction of Oracle Database 23ai by the company is an indicator of its aspiration to break new ground and generate business growth through the deployment of high-end technology tools. With the growing importance of the Indian tech industry, Oracle managed to stand out due to its AI strategy on the global arena.
Hi, This is Scoopearth’s admin profile. Scoopearth is a well-known Digital Media Platform. We share Very Authentic and Meaningful information based on Real facts and Verification related to start-ups, technology, Digital Marketing, Business and Finance.
Note: You can reach us at support@scoopearth.com with any further queries.
Linkedin Page : https://www.linkedin.com/company/scoopearth-com/
Disclaimer -We have collected this information from our direct sources, various trustworthy sources on the internet and the facts have been checked manually and verified by our in-house team.