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Monthly TechNews Roundup: Oracle Announces the General Availability of MySQL HeatWave Lakehouse, Gartner Forecasts Worldwide IT Spending to Grow 4.3% in 2023 and more

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Clover Infotech brings to you a curated round-up of important technology updates for the month of July’23.

#1 Oracle Announces the General Availability of MySQL HeatWave Lakehouse

Oracle has announced the general availability of MySQL HeatWave Lakehouse, delivering an industry first by enabling customers to query data in object storage as fast as querying data inside the database. MySQL HeatWave Lakehouse supports a variety of object store file formats such as CSV, Parquet, and export files from other databases, and can combine object storage file data and MySQL database transactional data together in the same query. Object store files are queried directly by HeatWave without copying the data into the MySQL database…CONTINUE READING

#2 MySQL HeatWave on AWS is now available in AWS Europe London and Frankfurt regions

MySQL HeatWave on AWS is now available on both AWS Europe (London) region and AWS Europe (Frankfurt) region. With these 2 additional regions, MySQL HeatWave on AWS is now available in…CONTINUE READING

#3 Forrester Study Highlights Companies Need to Invest in Zero Trust AI

According to a recent Forrester Consulting study commissioned by HiddenLayer, an AI Application Security company, titled “It’s Time for Zero Trust AI,” surveyed decision-makers responsible for AI Security responded that Machine Learning (ML) projects will play a critical or important role in their company’s revenue generation, customer experience and business operations in the next 18 months…CONTINUE READING

#4 Gartner Poll Finds 45% of Executives Say ChatGPT Has Prompted an Increase in AI Investment

In a recent Gartner, Inc. poll of more than 2,500 executive leaders, 45% reported that the publicity of ChatGPT has prompted them to increase artificial intelligence (AI) investments. Seventy percent of executives said that their organization is in investigation and exploration mode with generative AI, while 19% are in pilot or production mode…CONTINUE READING

#5 Tanishq Expands Jewellery Business with Oracle Cloud Infrastructure (OCI)

Tanishq, one of India’s largest jewellery brands, has migrated its inventory management system to Oracle Cloud Infrastructure (OCI), including Oracle Database, Oracle APEX, Oracle Web Application Firewall, and OCI Flexible Load Balancing. With real-time visibility into inventory levels and order fulfilment, Tanishq is able to meet the influx of customer demand and reduce its technology support costs by 30 percent…CONTINUE READING

#6 Largest Children’s Hospital in the United States Standardizes on Oracle Fusion Cloud Applications

Texas Children’s Hospital, the largest children’s hospital in the United States, has implemented Oracle Fusion Cloud Applications Suite to support its mission to create a healthier future for children and women throughout its global community. With Oracle Fusion Applications, Texas Children’s Hospital has been able to consolidate seven business systems on one integrated platform to improve recruitment and employee retention, increase efficiency, help reduce costs, and enable its staff to dedicate more time to patients…CONTINUE READING

#7 Forrester: Generative AI Dominates Top 10 Emerging Technologies In 2023 And Beyond

According to Forrester’s “The Top 10 Emerging Technologies In 2023” report, generative AI will begin to deliver significant return on investment for most enterprises in the next two to four years. To fully benefit from generative AI’s applications, firms will need to navigate its risks, including trustworthiness, evolving regulations, and potential intellectual property complications. Despite these risks, generative AI remains a top emerging technology to invest in due to its breadth of impact and ability to accelerate many other top emerging technologies, including autonomous workplace assistants (AWAs) and conversational AI…CONTINUE READING

#8 Gartner Forecasts Worldwide IT Spending to Grow 4.3% in 2023

Worldwide IT spending is projected to total $4.7 trillion in 2023, an increase of 4.3% from 2022, according to the latest forecast by Gartner, Inc. As CIOs continue to lose the competition for IT talent, they are shifting spending to technologies that enable automation and efficiency to drive growth at scale with fewer employees…CONTINUE READING

#9 Oracle Offers Free Training and Certification Program as Demand for Cloud and AI Accelerates

To help accelerate careers in high growth areas like artificial intelligence (AI) and machine learning (ML), and to keep up with the growing demand for Oracle Cloud services, Oracle is offering free training and certification testing* worldwide. The new program includes instruction and certification on in-demand skills across Oracle Cloud Infrastructure (OCI), AI/ML, data management, and Oracle Fusion Cloud Applications…CONTINUE READING

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