INSUBCONTINENT EXCLUSIVE:
More than 60,000 attendees and over 250 exhibitors and speakers from more than 90 countries are expected to take part in the Oracle
OpenWorld 2019 event.The four-day event, with over 2,200 educational sessions, will take place from September 16 to 19, at Moscone Centre in
San Francisco, California, US.This year, Oracle is bringing a more human-centred focus to its products and solutions with a focus on digital
transformation, led by demos and hands-on labs.The main absence from the event will be its co-Chief Executive Mark Hurd, who is taking a
leave of absence from the company for health reasons, and his duties will be shared by co-CEO Safra Catz and Oracle co-founder and Chief
Technology Officer Larry Ellison.The year looks better for the cloud industry due to the global economic instability as organisations are
moving to the cloud to cut costs and improve operational efficiency by using artificial intelligence and cognitive technologies.According to
research firm Gartner, worldwide IT spending is forecast to reach $3.74 trillion in 2019, an increase of 0.6% from 2018 while the enterprise
software market will experience the strongest growth in 2019, reaching $457 billion, up 9% from $419 billion in 2018 and another 10.9% in
2020 to total $507 billion.The worldwide public cloud services market is projected to grow 17.5% in 2019 to total $214.3 billion, up from
$182.4b in 2018,While SaaS represents a $95 billion market in 2019 compared to $80b in 2018, the biggest out of the cloud spending, it will
grow to $143.7b in 2022.Autonomy gains tractionOracle's cloud-related success mostly lies with SaaS [software as a service] applications,
so Oracle, a services company rather than a product company, will focus on IaaS [infrastructure as a service] and next-generation autonomous
cloud database at the event.An autonomous database is a cloud database that eliminates complexity, human error and manual management
associated with database tuning, security, backups and updates; tasks traditionally performed by the database administrators
applications totalled $11 billion and its co-CEO Hurd said that it could be doubled to $22 billion by migrating its existing on-premises
business to SaaS platform.With a focus on autonomous database, Oracle will unveil updates to Oracle Database 19c, which runs both
on-premises and in the cloud and reveal more details about its partnership with Microsoft in a bid to improve interoperability between Azure
and Oracle's IaaS, known as Oracle Cloud Infrastructure."Autonomy is the defining attribute of a Generation 2 Cloud," said Ellison."The
autonomous database is the most successful new product in Oracle's history
We added more than 500 new autonomous database cloud customers in the first quarter and expect to more than double that in the second
We now have over 2,000 customers, paying customers, for the autonomous database."Next growth phaseThe US software giant, with decades of
database software and technologies and having a strong penetration in the enterprise space, is gearing up for the next growth phase in cloud
Oracle is offering is intelligent and self-managing database by eliminating human administrative access with the power of artificial
intelligence and machine learning in a bid to bring a high degree of automation to routine administrative tasks.Oracle offers two types of
capability that we are seeing now in the cloud
ATP, which will be launched soon, will allow customers to deal with autonomous capabilities and also deploy in a very scalable environment
added that Oracle is built on data applications portfolio more than four decades ago.According to KuppingerCole, Oracle has been named as
