Oracle Corp Stock Price, News & Analysis

Oracle Database 23ai is a game changer for enterprises, offering AI Vector Search capabilities to search documents, images, and relational data based on conceptual content. The release includes over 300 features focusing on simplifying AI usage, accelerating app development, and running mission-critical workloads. The new AI Vector Search feature allows seamless integration of AI algorithms within Oracle databases, enhancing efficiency and security. Oracle Database 23ai is available on Oracle Cloud Infrastructure and Exadata services, providing a comprehensive AI solution for developers and data professionals.

Oracle and TIM have collaborated to accelerate cloud adoption in Italy by integrating Oracle Cloud Infrastructure (OCI) into TIM's managed cloud services. This partnership allows public and private sector organizations to leverage OCI's high performance, security, and AI capabilities. TIM will host Oracle's second cloud region in Italy, offering customers a wide range of cloud services to migrate workloads, modernize applications, and innovate with data and AI.

Oracle has announced new capabilities in Oracle Clinical One RTSM to support sponsors and CROs in conducting complex and global clinical trial studies more effectively. The enhancements aim to provide speed, reliability, and transparency from study commencement to closeout, streamlining processes that historically took months to develop. The platform offers features such as automation of randomization lists, modification of DND exceptions, design reconciliation forms, rapid build for date fields, and rule creation with operational data. Oracle RTSM is designed to simplify trial management, adhere to regulatory standards, and provide real-time analytics for improved trial efficiency.

Oracle Energy and Water Awards recognize the efforts of utilities like Exelon, JXN Water, and Portland General Electric in transforming the industry through innovation. Exelon's collaboration with Oracle Opower led to the successful deployment of enhancement services, benefiting customers with affordable energy solutions. JXN Water's migration to a new system improved customer experience and revenue leakage control. Portland General Electric's strategic vision focuses on modernizing IT solutions to drive customer-centric outcomes and clean energy commitments.

Oracle announced that CPS Energy plans to standardize its technologies on a modern Oracle cloud platform, aiming to optimize operations and enhance service for its 1.3M customers. This collaboration supports CPS Energy's Vision 2027 plan and Oracle's mission to serve major municipal utilities in the US. The new platform will revolutionize internal operations, providing more options for customers and improving efficiency and innovation.