Dubai: Generative AI (what ChatGPT is working on) is doing its best with Google, Microsoft, Amazon and others. But he has one tech titan that hasn’t been overwhelmed by any of them. it’s an oracle. At this point.
“To date, generative AI has been used primarily in consumer scenarios such as writing resumes and college essays,” said Global said Mike Cicilia, executive vice president of Industries. “Our customers operate some of the most complex, complex and critical industries in the world.
“Generative AI may be operational in these enterprise settings, but it is still in its infancy. Any industry should take a cautious approach, but we are excited about the potential for healthcare.” .
“For example, we are exploring ways to combine ambient listening with generative AI to automate highly manual processes such as doctor notes and post-visit care documents.”
And now, Oracle still has a lot to do with the cloud, which Sicilia said is “the foundation of all digital technology, including AI.”
“For years, Oracle has built AI and machine learning capabilities directly into our business applications and cloud infrastructure to help our customers process more data faster and cheaper in the context of their daily workflows. I did,” he added.
Mike Sicilia, Executive Vice President – Global Industries
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Middle East Inc. Sticks to the High Spending Way
Spending on cloud cover is driving technology investment by companies in the Middle East, and it is projected that there is still a long way to go in this spending cycle. The need to continue such investments also provides a cushion against a potential slowdown in the region’s technology industry.
IDC predicts that spending on public cloud services in the Middle East will grow by a whopping 25% to exceed $10.4 billion by 2023. In the UAE, it could reach $3.2 billion, increasing at a CAGR of over 26% over the next five years. By 2026.
This should eliminate loose talk of the tech industry in recession in these markets.
“We continue to expand our presence in the United Arab Emirates and Saudi Arabia with new cloud regions, technology solutions and career opportunities for local talent,” said Sicilia. “In February, he announced a $1.5 billion investment in Saudi Arabia to increase cloud capacity.”
Oracle will open its third “cloud region” in Riyadh. This joins the cloud region in Jeddah and the planned region in Neom.
That means we have 6 cloud regions in the Middle East, 3 of which are in Dubai, Abu Dhabi, and Israel. “This is his one of the fastest expansions by a major cloud provider in the region,” Sicilia said.
“Organizations have experienced years of economic turmoil ranging from pandemics, inflation, supply chain disruptions, and more. It has triggered investments in cloud technologies that enable the agility needed to
“For example, many of our hospitality customers have taken advantage of the pandemic slowdown to digitize and move their core property management systems to the cloud. We are now able to adapt more quickly to everything from adopting new business models in the industry.”
