Larry Ellison, executive chairman and CTO of Oracle earlier introduced the company’s independent database which was launched on annual convention of Oracle, i.e. on Oracle Open World. Later, they set up an independent data warehouse. And now on Wednesday 8th August, the company announced the next step of the data warehouse with the launch of Oracle Autonomous Transaction Processing (ATP) service.
This database provides different automatic services such as self-repairing, independent information and secured patches. SVP of Oracle Systems, Juan Loaiza, said for the purpose of online transaction processing (OLTP) databases, ATP cloud service is a progressive expansion. This idea has been in process of development from decades. The database is along with the services of machine learning and independent underpinnings through which a customer will feel comfortable.
According to Loaiza “many big companies all over the world are using the database of Oracle. So, one can select a database that is being used from years ago, after which it is pushed into the independent cloud database.”
Reputed companies of airlines, banks, financial services, online merchants cannot afford a loss of half an hour at least due to which they use OLTP databases. The main reason and advantage of the usage of the OLTP database are that the maximum downtime is 2.5 minutes per month and its motto is to get minimal value during downtime.
According to Carl Olofson and IDC who handles IDCs database management system, this database would serve as a helping hand as a service to Oracle’s database because the IDC database provides less operative cost. He further added “the Oracle offers are most remarkable, as the patches are applied without any operational disruption avoiding all operative interferences. Thus the database is adaptive and to a large degree self-healing. “
An analyst at Gartner “Adam Rosenthal” told that a set of independent database product will become the most prime part of Oracle’s push to the cloud that is moving further very fast. He also said that “the declarations are based on mostly cloud declarations than the declarations of the database. Oracle is now stepping into the market with the stock that is developed mainly for cloud services and for those which is for elasticity, scalability, and a footprint that is operated low. In the services of the cloud, Oracle must prove itself. Oracle is now after AWS, GCP, and Azure in terms of offering scope and breadth. This gap can be cleared with the help of ATP for the space of data management.”
According to Rosenthal, if they want to be successful in the cloud, the company soon needs to get some quick grip with present customers. “Also, it has to construct early successes in their business of cloud which approaches from the present customers who are committed to the databases of Oracle and are a permanent customer of Oracle.