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Oracle expects data-hungry generative AI to drive revenue growth

CIO Business Intelligence

Oracle is betting on high demand for data, driven by generative AI -related workloads, to boost revenue in upcoming quarters as enterprises look to adopt generative AI for productivity and efficiency. For the first quarter of fiscal year 2024, Oracle posted a total revenue of $12.5 Generative AI, Oracle billion.

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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. In Q4, Oracle will start delivering its completely new Ambulatory Clinic Cloud Application Suite to these same customers,” he noted.

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Oracle to boost cloud investments after a strong quarter

CIO Business Intelligence

The demand for cloud infrastructure combined with the rise in sales of SaaS services boosted Oracle’s fourth quarter revenue for fiscal year 2022, but the acquisition of healthcare tech company Cerner has chalked up a debt of $15.8 Riding on the tailwinds of its previous quarter , Oracle reported total revenue of $11.8

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New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He joins the Indian beverage company after a 17-year stint at Wockhardt where he was associate vice president of information technology head. Amit Goel joins Blox as CTO. March 2022. March 2022.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

But strategically important digital transformations should be protected “because they set you up over time and create more flexibility and adaptability,” says Andrew Blau, MD and US leader, eminence and insights, at Deloitte Consulting. They ended up bringing most of those people back, at consulting rates, for six months.”

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25 Feb Cloudera Federal Forum in Tysons Corner: Amazing agenda filled with lessons learned and best practices

CTOvision

Chief Security Architect, Office of the CTO, Cloudera. Proven Strategies for Promoting Innovation and Technology Adoption. Chief Security Architect, Office of the CTO, Cloudera. Chief Security Architect, Office of the CTO, Cloudera. Data Security—What’s New and What’s Next?

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Join Architects, Planners, Program Managers, Data Scientists at 4th Annual Cloudera Federal Forum in DC 25 Feb

CTOvision

Chief Security Architect, Office of the CTO, Cloudera. Proven Strategies for Promoting Innovation and Technology Adoption. Chief Security Architect, Office of the CTO, Cloudera. Chief Security Architect, Office of the CTO, Cloudera. Data Security—What’s New and What’s Next?