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Oracle Earns Leader Recognition in IDC MarketScape’s U.S. Value-Based Health Analytics 2023 Vendor Assessment In the latest IDC MarketScape assessment, Oracle has solidified its position as a leader in U.S. Value-Based Health Analytics for 2023. The report underscores the critical role of analytic advancements in addressing healthcare challenges and fostering innovation to enhance outcomes across the industry. Oracle Health’s prowess is evident in its data integration and transparency capabilities, allowing the centralization of data from various sources, including Electronic Health Records (EHRs) and payers. This, in turn, forms the foundation for Oracle Health’s unified data architecture, the Oracle Population…

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In a significant move, Oracle has officially launched Helidon 4, the latest production version of its microservices framework for Java. This iteration introduces a revolutionary server implementation, internally referred to as Nima, leveraging the power of Java 21 virtual threads to enhance performance significantly. The release, announced on October 24, brings about a paradigm shift in how concurrent applications are developed and maintained, focusing on reducing effort while optimizing throughput. Before Helidon 4, the framework’s web server relied on Netty and featured a reactive API. With the introduction of Nima in Release 4, Oracle aims to harness the capabilities…

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In the latest IDC MarketScape study, nine Customer Data Platform (CDP) vendors catering to the Financial Services Industry (FSI) underwent thorough analysis of their functional capabilities and go-to-market strategies. Criteria such as aggregation, artificial intelligence (AI) and analytics, and activation were scrutinized, alongside FSI-specific capabilities encompassing industry segment data schemas, use cases, and customer profiles. David Wallace, IDC’s Research Director, emphasized the significance of CDPs for financial services firms, highlighting Oracle’s distinguished position as a Leader in the market. Oracle’s strength lies in its financial service industry data models, AI capabilities, and robust compliance, privacy, and security frameworks designed…

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In the upcoming Java Development Kit (JDK) 22, slated for release in March 2024 as the next iteration of Java Standard Edition, enthusiasts can anticipate a robust package of twelve features. As the codebase enters the rampdown phase, freezing the feature set, key additions include the second preview of scoped values and an inaugural look at stream gatherers. JDK 22’s general availability is scheduled for March 19, following the rampdown one phase concluded on December 7. The second rampdown phase is set for January 18, with two release candidates in February. The meticulous bug examination process continues until the…

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In recent developments, various healthcare organizations in the United States have chosen Oracle Health’s CommunityWorks, an advanced electronic health record (EHR) system tailored to address the unique clinical, financial, and operational demands of smaller hospital operations in both acute and ambulatory settings. Among the notable institutions embracing this integrated solution are Crawford County Memorial Hospital, Golden Plains Community Hospital, Murray-Calloway County Hospital, Nashville General Hospital, and Sarah D. Culbertson Memorial Hospital and Culbertson Clinics. Oracle Health demonstrates a keen understanding of the challenges faced by healthcare providers in community and critical access hospitals, including geographic isolation, workforce shortages, technology…

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Oracle Corporation (NYSE: ORCL) disclosed its fiscal 2024 second-quarter results, showcasing a noteworthy 5% year-over-year increase in total quarterly revenues in USD and a commendable 4% surge in constant currency, reaching $12.9 billion. Cloud services and license support revenues experienced a substantial uptick of 12% in USD and 11% in constant currency, totaling $9.6 billion. However, cloud license and on-premise license revenues reported a decline of 18% in USD and 19% in constant currency, registering $1.2 billion. In Q2, GAAP operating income stood at $3.6 billion, while non-GAAP operating income reached $5.5 billion, marking an impressive 9% increase in USD…

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Organizations are grappling with the tangible consequences of lapses in data protection, with hefty fines looming as a stark reminder. Non-compliance with the European Union’s (EU) General Data Protection Regulation (GDPR), for instance, can result in fines of up to €20.3 million ($22.1 million) or four percent of the business’s total global annual turnover. In a similar vein, negligence concerning the directive on security of network and information systems can incur penalties of up to £17 million ($21.3 million). These regulations, governing data capture, storage, and sharing, underscore the critical need for robust cybersecurity strategies to safeguard against cyber threats…

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In the ever-evolving landscape of technology, the reciprocal relationship between the digital realm and the tangible world becomes increasingly evident. This dynamic interplay reveals that, contrary to popular belief, technological advancements are not purely the products of code and algorithms but are deeply influenced by the happenings in the realms of politics, culture, and science. Adobe: A Cryptographic Touch to Creativity Within this intricate dance between tech and reality, Adobe introduces Content Credentials, offering content creators a unique tool to embed cryptographically secure metadata into their work upon export. Acting as a digital watermark, this innovation holds particular significance in…

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In a significant leap forward, the inaugural Oracle Database@Azure service has achieved General Availability in the Microsoft Azure East US region. Marking the beginning of a strategic collaboration, Oracle will oversee the operation and management of the Oracle Exadata Database Service, the first in a series of Oracle database services planned for execution on Oracle Cloud Infrastructure (OCI) within Azure datacenters. This transformative service, Oracle Exadata Database Service, stands out for its ability to radically simplify the migration of mission-critical workloads to the cloud. This novel Oracle Database@Azure service not only brings forth the unparalleled performance, scale, and workload availability…

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Fifteen years since the transformative advent of the iPhone’s App Store, the realm of software continues to undergo a profound evolution. In this age of perpetual innovation, software developers are pushing boundaries by harnessing the power of artificial intelligence and automation. The latest wave of applications is not merely refining user experiences; it is redefining how we engage with technology. As the digital landscape matures, these cutting-edge apps are at the forefront, promising to save time, eliminate mundane tasks, and revolutionize industries. Join us on a journey through the pioneering developments of 2023, where software isn’t just a tool; it’s…

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