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Larry Ellison, Chairman and Chief Technology Officer, Oracle, announced a major milestone in the company's autonomous solutions strategy with the new Oracle Autonomous Database Cloud service: Oracle Autonomous Transaction Processing. With innovative machine learning and automation, Oracle Autonomous Transaction Processing delivers cost savings, security, availability, and productivity. The self-managing database service is designed to meet the worldwide demands of finance, retail, manufacturing, government by helping high-performance processing, reporting, and analytics loads. The Oracle Autonomous Database portfolio brings the most complete and advanced functions on the market today to organizations. 
 
“Oracle Database is the most popular database in the world, and now it's even better because it's standalone,” said Ellison. “The solution is more reliable with a secure system – which protects from data theft and is available 99.995% of the time providing more productivity for companies and developers”.
 
Traditionally, database management systems were manually developed and maintained and required extreme attention to provision, secure, monitor, backup and tune databases. This approach entailed poor economies of scale, intensive employment of labor, capital, and runtime expenses. This resulted in lower agility, security, availability, and performance. Oracle Autonomous Database revolutionizes data management by making use of self-executing, self-protecting, and self-healing features. This simplifies and streamlines deployments, freeing up resources to focus on greater business value compared to manually tuning databases.
 
Part of the Autonomous Database Cloud portfolio of services, Oracle Autonomous Transaction Processing delivers best-in-class performance – it's 135x faster for analytics and 35x faster for OLTP workloads. The complete data management system – a single database for transaction, reporting, batch and IoT workloads – enables organizations to:
 
•          Reduce costs: companies are able to lower costs through complete automation of operations and continuous adjustment. This reduces administrative costs by up to 80%. The database also reduces runtime expenses by up to 70% as customers pay only for the resources used.
 
•          Reduce risk: Oracle mitigates risk by protecting data and reducing unplanned downtime that can result in breach costs and lost revenue due to unpatched systems or human error. Oracle Autonomous Database offers 99.995% availability or less than 2.5 minutes of downtime per month, including maintenance.
 
•          Accelerate innovation: With a transition to the modern cloud, companies develop and deploy new applications in minutes, orchestrating processes across cloud infrastructures, without having to worry about planning, provisioning and capacity tuning. The result is that applications are deployed in minutes instead of months, enabling companies to achieve new levels of innovation.

 

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