Oracle CloudWorld 2022: Being Bold Is The Way To Win, Says CEO Safra Catz


At Oracle CloudWorld, CEO Safra Catz highlighted how the company enabled customers to navigate the recent market challenges and empowered them to transform and emerge stronger

“Your success is central to everything that we do,” Oracle CEO Safra Catz remarked during her welcome keynote at CloudWorld.

Currently being held in Las Vegas from 17-20 October 2022, CloudWorld is Oracle’s flagship conference for partners, customers, developers and tech enthusiasts.

Catz, during her speech highlighted how Oracle enabled customers navigate the recent market challenges and empowered them to transform and emerge stronger.

“During the Covid-19 pandemic, we learned that it is absolutely critical to have a digital connection with your employees, customers, suppliers and partners,” she said.

“We have learned that being bold is the way to win and being timid will wipe you out.”

Innovations and customer focus

The Oracle chief also emphasised how the company has worked over the last few years to develop solutions and products aimed at enabling accelerated digital transformation for enterprises.

“At Oracle, we have been busy,” said Catz. “We have built a secure, high-performing, sustainable, and cost-efficient platform.

She added, “On top of that, we’ve built horizontal applications that are focused on so many industries where digital technologies are critical for survival and success.”

Furthermore, according to Catz, the company also modified and enhanced the Oracle Database incorporating artificial intelligence (AI) to enable customers to get the most value out of their data and succeed in the cloud.

“Our focus over the last few years has been to listen more closely to you to make a product and services that we can deploy in multiple ways to make all of us successful,” said Catz.

“We understand that it’s not like the old days where we’d sell a technology that you would have to put together with your partner and implement it. Now, your success is central to everything we do,” added Catz.

Following her speech, Catz sat down with some of Oracle’s top customers and partners including NVIDIA, Deutsche Bank, Johnson Controls and Oracle Red Bull Racing among others to discuss how they collaborated to develop innovations that transformed their respective industries.

New product launches

CloudWorld also saw Oracle roll out a number of new solutions including Oracle Alloy, a new cloud infrastructure platform that enables service providers, integrators, independent software vendors (ISVs), and other organisations such as financial institutions or telecommunications providers to become cloud providers and roll out new cloud services to their customers.

The tech giant also announced several new distributed cloud offerings to meet customers’ diverse needs and growing demand for Oracle Cloud Infrastructure (OCI). New options include Oracle MySQL HeatWave for Microsoft Azure. OCI’s distributed cloud gives customers the flexibility needed to access cloud services from anywhere via public, multi-cloud, hybrid, and dedicated options.

Driven by maturing cloud services, the global cloud market is expected to reach nearly $600 billion in 2023. Oracle is among the leading cloud players in the world, providing a broad set of services across 40 commercial and government cloud regions in 22 countries in five continents.