MUMBAI - Oracle (NYSE:ORCL) India has recently announced a series of initiatives and upgrades aimed at bolstering the capabilities of local firms in implementing artificial intelligence (AI) technologies. Srikanth Doranadula, a representative of Oracle India, highlighted the company's focus on helping Indian businesses build secure AI models on-premises with an emphasis on privacy and low latency design. This initiative is expected to enable swift AI data processing, faster AI model training, and enhanced inventory management.
The improvements were illustrated through the example of Tanishq, a prominent jewelry brand that experienced an operational boost following its migration to Oracle Cloud Infrastructure (OCI). The brand leveraged Oracle Apex, an application development platform, to streamline its operations effectively.
In addition to these developments, Oracle has made significant strides in database management by incorporating support for vector databases in MySQL. This advancement allows for the utilization of large language models, which are increasingly important in today's data-driven landscape. Furthermore, Oracle's Analytics Cloud has been integrated with generative AI capabilities, thereby enriching data analysis and providing deeper insights.
Oracle's commitment to expanding its cloud services in India is also evident through its partnerships with Indian Cloud Service Providers (CSPs) under the Cohere and Oracle Alloy programs. These collaborations are designed to extend the reach of cloud services across the country.
Reinforcing its dedication to the "Make in India" initiative, Oracle has invested heavily in research and development within the region. The company serves a broad customer base throughout India and has plans to expand its cloud region presence beyond the established centers in Hyderabad and Mumbai. The upcoming expansion into Bangalore is set to provide additional infrastructure and support for Indian enterprises looking to adopt cloud solutions.
These initiatives by Oracle underscore the company's strategic efforts to empower Indian businesses with advanced technology solutions, fostering innovation and growth in one of the world's fastest-growing economies.
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