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DENVER - Oracle (NYSE: ORCL), a prominent player in the software industry with a market capitalization of $830 billion, announced enhancements to its Public Safety Suite on Monday, adding AI-powered analytics and voice command capabilities designed to help law enforcement and first responders improve efficiency in the field. According to InvestingPro data, the company has demonstrated strong growth with revenues reaching $59 billion in the last twelve months.
The updated platform includes officer-worn cameras and AI-enabled mobile voice controls that allow officers to run license plates, create traffic stops, and dictate reports using voice commands, according to a company press release.
The system now features natural language data querying, enabling officers to request information using plain English commands. It also includes audible safety alerts that notify officers when records checks return critical flags such as officer-safety alerts or revoked tags.
Oracle’s wearable computer system, currently used by agencies including Wright County, Minnesota, can activate automatically upon dispatch and record interactions between law enforcement and community members. The streaming capabilities allow video to be shared with remote team members at command centers.
The platform’s built-in analytics provide first responders with access to operational data from computer-aided dispatch, records, jail, and digital evidence systems. An AI chat assistant helps generate and refine charts without requiring data analyst expertise. This innovation aligns with Oracle’s broader growth strategy, which has yielded a 9.67% revenue increase over the past year. InvestingPro subscribers can access 18 additional key insights about Oracle’s technology leadership and financial performance.
Built on Oracle Cloud Infrastructure, the system is designed to help agencies meet Criminal Justice Information Services Security Policy requirements.
"First responders need agile, intelligent technologies that enable increasingly data-driven mobile ecosystems with enhanced transparency, efficiency, and safety," said Sean McCarthy, vice president of product at Oracle Local Government, in the press release.
Oracle is showcasing the Public Safety Suite at the International Association of Chiefs of Police Annual Conference and Exposition in Denver. For investors interested in understanding Oracle’s market position and growth potential, a comprehensive Pro Research Report is available through InvestingPro, offering detailed analysis of the company’s technology initiatives and financial outlook.
In other recent news, Oracle has been actively updating its financial and growth targets, drawing significant attention from analysts. The company has projected substantial capital expenditures exceeding $35 billion this year to support its AI expansion, prompting JPMorgan to downgrade Oracle’s credit rating to Neutral due to concerns over financing strategy and execution risk. Despite this downgrade, TD Cowen has raised its price target for Oracle to $400, maintaining a Buy rating, citing Oracle’s strong AI outlook and fiscal year 2030 revenue targets that surpassed Street expectations by over $25 billion.
BMO Capital has reiterated its Outperform rating with a $355 price target, noting that Oracle’s fiscal year 2030 revenue and earnings per share targets exceeded investor expectations, although its fiscal year 2028 EPS target fell short of consensus estimates. RBC Capital maintained its Sector Perform rating with a $310 price target, emphasizing Oracle’s ambitious growth targets for its Oracle Cloud Infrastructure (OCI) business. Stephens also increased its price target to $331 from $208, maintaining an Equal Weight rating, following Oracle’s updated OCI growth guidance and long-term revenue and earnings projections. Oracle’s fiscal year 2030 revenue projection of $225 billion outpaces analyst estimates of $200 billion, and its earnings per share forecast of $21 exceeds Street expectations of $18.47.
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