Safra Catz Oracle CloudWorld keynote

“Mix and match”

Also joining Catz on stage at Oracle CloudWorld was Michelle Zatlyn, co-founder and president of Cloudflare, a provider of website performance and cybersecurity services. Zatlyn said businesses are turning to OCI because of its interoperability with other clouds. “Today you want to mix and match the best features depending on the cloud provider,” she said.

Cloudflare, which operates in 330 cities worldwide, is working with Oracle to offer its customers AI inference services, which let the large language models used in generative AI execute commands as they’re interacting with users on servers when a phone or laptop isn’t powerful enough. “There are going to be certain things where there’s not quite enough space on the phone or the device to do it,” Zatlyn said. “You need another place.”

give the potential of AI – infuse cloud infrastructure and application to help organization land new customer , forecast financial result , manage complex supply chain , and improve a range of other process , executive should push AI adoption instead of being “ afraid of it , ” Catz is said say during her keynote .

Generative AI, which can spot hidden patterns in large amounts of data, summarize text, and power natural language chatbots, promises to help companies seize growth opportunities while keeping costs in check.

“Not everyone was betting on Oracle to cross the chasm and be such a leader in the cloud.”

BNP Paribas has been moving its databases and the workloads that run on them to Oracle Exadata Cloud@Customer, an arrangement in which Oracle manages the machines running on the bank’s premises. That migration is part of a broader set of efficiency initiatives aimed at saving the bank €1 billion this year and €2.7 billion by 2025.

Managing its data in the Oracle Cloud is helping the bank “to realize our aspirations to become the lead bank for corporates in North America” by speeding time to market and helping with US and European compliance, said Jean-Yves Fillion, vice chairman of BNP Paribas USA.

The bank now runs more than 750 AI-powered processes, including those for corporate payments, compliance, anti-money laundering, and information security. “What is today challenging for everyone is to scale up their solutions and find the right use cases,” CIO Bernard Gavgani said.

The CIA, which was Oracle’s first customer in 1977, is working with Oracle to deploy generative AI in support of its intelligence missions, help automate logistics and supply chain processes, and assist with HR functions, said CIO La’Naia Jones during the onstage discussion with Catz. It’s also turning to the technology to interpret “vast amounts of raw data” faster and help with translations, Jones said.