Clover Infotech brings to you a curated round-up of important technology news and updates from the month of April, 2025 –
#1 Oracle Helps Customers Navigate Tariff and Global Trade Complexity
Oracle has added new trade management capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to help organizations manage the complexities of import tariffs and trade agreements. The latest updates to Oracle Fusion Cloud Global Trade Management enable customers to automate global supply chains processes, increase order shipment visibility, and enhance supply chain decision-making…CONTINUE READING
#2 Oracle and Google Cloud Announce Industry-First Partner Program and Powerful New Capabilities for Oracle Database@Google Cloud
Oracle and Google Cloud announced plans for an industry-first partner program and the planned availability of Oracle Base Database Service on Oracle Database@Google Cloud, as well as expanded capabilities and additional regions. The new partner program is designed to enable Oracle and Google Cloud partners to offer Oracle Database@Google Cloud to their customers. In addition, Oracle Database@Google Cloud now supports Oracle Exadata X11M, and for Oracle U.S. Government Cloud customers, Oracle Interconnect for Google Cloud is available. Finally, 11 new regions are planned within the next 12 months to help meet growing customer demand for Oracle Database@Google Clouds…CONTINUE READING
#3 Gartner Forecasts Worldwide GenAI Spending to Reach $644 Billion in 2025
Worldwide Generative AI (GenAI) spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast by Gartner, Inc. “Expectations for GenAI’s capabilities are declining due to high failure rates in initial proof-of-concept (POC) work and dissatisfaction with current GenAI results,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “Despite this, foundational model providers are investing billions annually to enhance GenAI models’ size, performance, and reliability. This paradox will persist through 2025 and 2026…CONTINUE READING
#4 IDC Predicts AI Solutions & Services will Generate Global Impact of $22.3 Trillion by 2030
IDC, the global leader in trusted technology intelligence, has released a comprehensive analysis highlighting the profound economic impact of artificial intelligence (AI) on the global economy, at its IDC Directions event — which focuses on the pivotal role AI plays in today’s business landscape. According to IDC, investments in AI solutions and services are projected to yield a global cumulative impact of $22.3 trillion by 2030, representing approximately 3.7% of the global Gross Domestic Product (GDP)…CONTINUE READING
#5 Oracle Cloud Federal Financials Curates Efficiency for The National Gallery of Art
The National Gallery of Art, one of the world’s preeminent art museums, has selected Oracle Cloud Federal Financials, a purpose-built solution in Oracle Fusion Cloud Enterprise Resource Planning (ERP), to support its mission to welcome all people to explore and experience art, creativity, and our shared humanity. With Oracle Cloud Federal Financials, the National Gallery of Art can accelerate financial processes, increase efficiency, improve resource allocation, and enhance decision-making, while addressing federal data security requirements as it continues to deliver world-class programs and exhibitions for its growing audience…CONTINUE READING
#6 Gartner Predicts by 2027, Organizations Will Use Small, Task-Specific AI Models Three Times More Than General-Purpose Large Language Models
Gartner, Inc. predicts that by 2027, organizations will implement small, task-specific AI models, with usage volume at least three times more than those of general-purpose large language models (LLMs). While general-purpose LLMs provide robust language capabilities, their response accuracy declines for tasks requiring specific business domain context. “The variety of tasks in business workflows and the need for greater accuracy are driving the shift towards specialized models fine-tuned on specific functions or domain data,” said Sumit Agarwal, VP Analyst at Gartner…CONTINUE READING
#7 IDC Predicts: Asia/Pacific* Insurers to Gain 45% More Value from IT Investments by 2027 Through AI-Driven FinOps
IDC predicts that, by 2027, insurers that integrate AI with FinOps will be able to consistently realize 45% more value from their IT investments, driven by informed automation at scale. This is just one of the predictions unveiled in the IDC FutureScape: Worldwide Insurance 2025 Predictions — Asia/Pacific (Excluding Japan) Implications report. The prediction reflects a growing shift toward AI-driven financial governance, where dynamic expense management, predictive analytics, and real-time insights empower insurers to optimize costs, improve operations, and gain a competitive edge…CONTINUE READING
#8 Gartner Identifies Top 12 Early-Stage Technology Disruptions that Will Define the Future of Business Systems
Gartner, Inc. has identified 12 emerging technology disruptions that will define the future of business systems. Technology leaders must prioritize these over the next five years, as they present competitive opportunities in the near term and will eventually grow to become standard throughout businesses. “Technology leaders must take action now to gain a first-mover advantage with these technologies,” said Bill Ray, Distinguished VP Analyst at Gartner. “Innovative advancements like generative AI (GenAI)…CONTINUE READING
#9 Mitsubishi UFJ Bank Collaborates with Oracle to Build the Next-Generation Platform for Mitsubishi UFJ Direct
Mitsubishi UFJ Bank, the largest banking group in Japan, has taken a hybrid cloud approach enabled by Oracle technology to modernize the system infrastructure for its online banking service, Mitsubishi UFJ Direct. The bank selected Oracle Exadata Database Machine, the highest performing system for Oracle Database, to upgrade the Mitsubishi UFJ Direct platform. Following the implementation, the bank experienced a 5X improvement in processing power and stable operations.…CONTINUE READING
#10 Gartner Survey Finds 85% of CEOs Say Cybersecurity is Critical for Business Growth
Eighty-five percent of CEOs say cybersecurity is critical for business growth, according to a survey by Gartner, Inc. The Gartner CEO and Senior Business Executive Survey of 456 CEOs and other senior business executives worldwide was conducted from June to November 2024.The survey also found that 61% of CEOs are concerned about cybersecurity threats, driven in large part by AI’s growing role in commercial activity and the political debates about the sourcing and use of advanced technologies. As risk thresholds shift, they view cybersecurity as a key driver.…CONTINUE READING
