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NEW YORK - Oracle (ORCL), a prominent player in the software industry with annual revenue reaching $59 billion, announced on Thursday the launch of Oracle Government Data Intelligence for Agriculture, an AI solution designed to help governments monitor agricultural production and forecast potential food security issues. According to InvestingPro data, the company’s strong financial position is reflected in its impressive 87% return over the past year.
The new application aggregates data from multiple sources including satellite imagery, weather feeds, soil information, and historical crop records to provide insights into factors affecting agricultural production and distribution. With a robust gross profit margin of nearly 70%, Oracle continues to invest in innovative solutions while maintaining strong profitability.
"Food security is a global challenge that impacts all nations," said Mike Sicilia, CEO of Oracle. "With current advances in cloud computing, AI, and satellite technology, we can completely transform agriculture operations to support more predictable outputs."
Built on Oracle Cloud Infrastructure, the solution aims to help government agencies forecast crop yields, detect potential threats, model intervention programs, and quantify risks. The system delivers insights through dashboards that monitor progress toward agricultural goals and can autonomously alert users to pending issues.
Hon. Paula Ingabire, Minister of ICT & Innovation for Rwanda, stated, "Working with Oracle, we are looking at how AI-enabled solutions like Agriculture Data Intelligence can provide vital insights to help us forecast crop production and support better, more timely decisions."
The application is part of the Oracle Digital Government Suite, which includes solutions for governments addressing complex societal challenges. According to the press release statement, the solution is available starting today.
Oracle Government Data Intelligence for Agriculture is designed specifically for ministry teams focused on threat assessment, food security monitoring, and response strategies to help build more resilient food systems.
In other recent news, Oracle Corporation’s credit ratings have been affirmed by major agencies as the company pushes forward with its artificial intelligence infrastructure expansion. S&P Global Ratings maintained Oracle’s ’BBB’ rating but with a negative outlook, citing potential strain from increased capital expenditure plans, which now project up to $38 billion in spending by fiscal 2026. Additionally, Oracle is reportedly planning a $15 billion bond offering, with the debt potentially divided into seven parts, including a rare 40-year bond. This move comes amid leadership changes, with Clay Magouyrk and Mike Sicilia appointed as co-CEOs, while Safra Catz transitions to Executive Vice Chair of the board.
In terms of analyst perspectives, Rothschild Redburn initiated coverage on Oracle with a Sell rating, expressing concerns that the market overvalues Oracle’s cloud revenue. Meanwhile, Oracle is reportedly in talks with Meta for potential AI cloud deals, as noted by Citizens JMP, which maintained its Market Outperform rating on the company. Furthermore, Oracle is expected to announce an expansion of its data center partnership with OpenAI in Texas. These developments highlight Oracle’s strategic movements in both leadership and infrastructure as it navigates ongoing market dynamics.
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