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Oracle and the promotion of the data driven company

Oracle celebrate your event today Technology Summit Spain 2022, which marks the beginning of face-to-face events in Spain. Still in a mixed format, but already with an audience, the company has reviewed its most important milestones in terms of technology and advances for this year, with special emphasis on its novelties and agreements in Spain.

In addition, during the event, presented by Mar Montalvo, Head of Business Development for BI and Big Data at Oraclehave also reviewed how companies, in the last year, have gone from using the cloud and its capabilities to boost their business and continue operating normally in the short term, to include the cloud in their long-term IT strategies, with the use of data to drive their operations and decision making.

The new Oracle in Spain and Europe

The event was opened by Albert Triola, General Manager of Oracle in Spain. With an intervention focused on the «new Oracle«, and in innovation as what he has called «Pension plan» of the Spanish business fabric, Triola has reviewed the presence of its technology in companies in Spain and Europe. He also pointed out that the investment that the company makes in innovation has allowed them to achieve a second-generation cloud system with high levels of security, as well as the creation of the autonomous database Multiple-VM Autonomous Database on Exadata Cloud@Customer and the integrated suite of applications Net Suite.

In addition, he highlighted, among other things, that six of the nine Spanish “unicorns” use Oracle technology, and that the planning for the deployment of 5G in Europe is being achieved thanks to it, apart from listing some of the agreements that Oracle has signed with different companies and entities, which take advantage of its technology to promote the collection and processing of data in order to optimize their decision-making. Among them, the one formed with the Red Bull Formula 1 team, which has not only involved the integration of Oracle technology in the processes of running simulations and obtaining and processing data in real time. It has also led to a change in the name of the team, which is now called Oracle Red Bull Racing.

Oracle also has an agreement with the premier league, which allows, among other things, that the spectators have more information during the matches. So, for example, if a team goes into the opposite field, they will be able to see the probability that this team has to score a goal in the next 10 seconds.

Oracle and the promotion of the data driven company

Regarding the progress of Oracle in Spain, where it has more than 1,600 employees, Triola has highlighted the importance of Oracle’s future cloud region in Spain. Currently, the company is developing for its next release, since according to its own words, it will be available “very soon”. Indeed, if everything goes according to plan, it will be ready throughout 2022. It will be one of the 14 regions that the company plans to open before 2023.

On the other hand, he also recalled the agreement that he has signed with Telefónica, which has several implications. On the one hand, with the agreement, Telefónica has transferred its entire backend to Oracle, migrating your entire mission-critical environment. Also, the operator is chosen as the collocation of its cloud regionand Telefonica Tech will offer cloud services to its customers in the hands of Oracle. Thus, the two companies will collaborate globally to offer applications and Platform as a Service (PaaS) to companies and public organizations, and Telefónica Tech will be able to offer Oracle Cloud Infrastructure services, in addition to customer support, through managed and professional services.

Triola has also highlighted that in Spain, 83% of the IBEX 35 companies use Oracle technology, and that more than 80% of the services offered by the state administration to citizens use Oracle technology. In addition, he stressed his commitment to startups and closed his speech by highlighting the return of his employees to their new offices in Madrid and Barcelona.

Data, crucial for the company

Next, Regis Louis, EMEA Vice President Cloud Strategy and Oracle Cloud Infrastructure (OCI) You talked about data and its importance in the company. He is aware that there is a lot of data, but he knows that not all of it is useful to companies, since in order for them to take advantage of it, it has to be quality, useful and safe data. The companies, which are already «fully aware that the cloud is secure“, know”find the right needle in a haystack«. That is, they know what data they need and where they can find it. Also that historical data, combined with real-time data, allows them to make good decisions.

Louis points out that Oracle technology allows them to achieve this combination, which can be seen in the deal that has given rise to Oracle Red Bull Racing. This is not a typical sponsorship, since Oracle will be the team’s technological partner, which will thus be able to count on the company’s technology to obtain the information they need, combining historical data with that produced in real time, to decision making. Among other moments, in the race, in order to decide pit stop strategies or tire selection.

Oracle and the promotion of the data driven company

On the other hand, he mentioned the collaboration with sailing regattas Sail GPwith the Oxford University (specifically with the pathogen analysis system GPSfor the standardization of data on the genome) or with the Deutsche Bank for the consolidation of your data. Also with nationalgridthe energy emission entity in the United Kingdom, for the reduction of its carbon footprint with Oracle Cloud.

Louis further underlined the importance of service automation, so people can focus on other, more relevant tasks, while eliminating bugs, performance tuning, downtime, and the complexities that come with scaling. Likewise, he has highlighted data privacy as another of Oracle’s areas of innovation, since it is integrated by default into product security.

Sustainability and safety, keys to the future

The event has continued hand in hand with Sofia Schneider, Oracle Cloud Systems Sales Director, which has detailed the company’s progress in sustainability and in the solutions it offers companies to improve their environmental care goals. Subsequently, representatives of several companies that are Oracle customers, such as WiZinkthe Department of Health of the Generalitat de Catalunya or Accenturehave shared with those attending the event how Oracle technology helps them in their operations and their day to day.

Oracle and the promotion of the data driven company

Borja Gómez, Master Principal Enterprise Technology Architect at Oracle has detailed how hybrid cloud and multicloud are designed to run applications faster and more securely, but also at lower cost. But since security is also important, and must be present in any business strategy, Félix del Barrio, Vice President, EMEA, Database and Software Licensing, Oracle, explained how security-first design principles can reduce risk and protect an enterprise’s workloads from threats. But also database operations, and do it both locally and in the cloud.

Finally, looking to the future, Carlos Olivares, Director of Development, Integration and Security of Oracle Domain Expertshas delved into the application of the latest innovations in Oracle Cloud and Database and their role in creating competitive advantage and growth opportunities for companies.

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