Oracle India announces expansion and introduces AI to aid local businesses

By siliconindia  |  Tuesday, 21 November 2023, 10:12 IST

Oracle India announces expansion and introduces AI to aid local businesses
Oracle India has recently announced a range of initiatives and upgrades to strengthen the capabilities of local companies in implementing artificial intelligence (AI) technologies. Oracle India representative, Srikanth Doranadula, emphasized the company's focus on helping Indian firms develop secure AI models on-premises, with a particular emphasis on privacy and low-latency design. This initiative is expected to enable quick AI data processing, faster AI model training, and improved inventory management.
The example of Tanishq, a well-known jewelry brand, showcased how it improved its operations after migrating to Oracle Cloud Infrastructure (OCI). By utilizing Oracle Apex, an application development platform, the brand could streamline its operations and experience an increase in efficiency.
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 utilizing 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 has shown its commitment to expanding its cloud services in India through partnerships with Indian Cloud Service Providers (CSPs) under the Cohere and Oracle Alloy programs. The goal of these collaborations is to increase the availability of cloud services throughout the country.
Reinforcing its dedication to the "Make in India" initiative, Oracle has invested heavily in regional research and development. 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. Oracle's initiatives aim to provide Indian businesses with advanced technology, promoting innovation and growth in one of the world's fastest-growing economies.

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