Five Minute Briefing - Oracle
July 21, 2021
Published in conjunction with the Quest Oracle Community (Quest), this bi-weekly publication contains news, market research, and insight for the Oracle ecosystem, as well as Quest news and information. Subscribers also receive Quest ResearchWire, a bi-monthly research report for the Oracle community.
News Flashes
Everest, a regulated fin-tech company with blockchain solutions for biometric identification, custodian, and banking services, collaborates with Oracle Financial Services to enable customers to use Everest's Application Programming Interface (API) and adopt identity verification and biometric identification services provided by Everest. Everest's technology provides Oracle the ability to bring identification verification and validation services to major financial institutions across more than 180 countries.
Several events each year, such as Microsoft Build in the late spring and Microsoft Ignite in the fall, were traditionally marked by a bevy of new product features and previews. In the old days, it was important to link new features to conferences because you had to press tens of thousands of CDs or DVDs to ensure widespread distribution. That's no longer necessary, so it's possible for us to see important new capabilities released to the public at just about any time. Let's talk more about a few recent and important announcements.
Oracle recently announced new updates to Oracle Fusion Cloud ERP, as well as customer wins with TTX, Office Depot Europe, and the University of Pittsburgh.
Oracle has attained FedRAMP High Provisional Authority to Operate (P-ATO) from the Joint Authorization Board (JAB) and Defense Information Systems Agency (DISA) Impact Level 5 (IL5) accreditation for IaaS and PaaS, which include an extended set of cloud services for government customers to leverage, including Oracle Digital Assistant and Oracle Cloud VMware Solution, to boost efficiency without straining budgets or compromising security.
Think About It
Latency is the new outage: It's a phrase that's being thrown around the networking industry—a mantra if you will. It used to be that experience was measured in uptime and downtime. Is Google down right now? Is AWS experiencing an outage in Asia? Can anybody log on to Salesforce? Those days are over. Being up and running is not enough. Applications need to be fast, and the expectation is that every retailer—from Target to the mom-and-pop store down the street—needs to have a digital omni-channel presence with experiences that rival Amazon—a nearly half-a-trillion-dollar global brand.
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