Oracle has unveiled its new AI-powered database, Oracle Database 23ai, which incorporates vector search and emphasizes AI in its name. The company aims to persuade business leaders to move away from purchasing single-function databases and opt for their all-in-one solution to meet data management needs in the AI era. In the highly competitive data management market, Oracle is taking advantage of the AI revolution to differentiate itself and provide a comprehensive solution that integrates various data types, rather than purchasing multiple specialized databases.
The new Oracle 23ai Database was the focus of a recent discussion between Oracle’s president, Larry Ellison, and executive vice president, Juan Loaiza. Ellison emphasized the importance of having all data in one place for simplified querying and data management, highlighting the challenges of data silos and the benefits of a unified database solution that can handle various data types efficiently.
Ellison and Loaiza also discussed how Oracle 23ai simplifies developers’ lives by offering a unified approach that combines the advantages of object and relational databases. The database aims to improve cybersecurity, data consistency, and reliability, allowing developers to focus on application development rather than data management tasks.
From a business perspective, Oracle Database 23ai presents a compelling reason for organizations to transition from managing multiple specialized databases to adopting a versatile solution designed for the demands of the AI revolution. By offering a multifaceted database that can address various data types, Oracle aims to support AI innovation and drive revenue growth for businesses.
In conclusion, Oracle’s launch of the new Database 23ai showcases the company’s commitment to providing comprehensive data management solutions that cater to the evolving needs of the AI era. By emphasizing the importance of having all data in one place and simplifying developers’ tasks, Oracle is positioning itself as a leader in the data management industry. The launch of Oracle 23ai reflects the company’s forward-thinking approach to data management and its focus on innovation in the AI ecosystem.
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