Everything from transportation to grocery store checkout to even some of the most fundamental aspects of running a business, there’s technology in the works to make it run all by itself.
But it’s that last one that I want to really focus on. It’s all thanks to a pioneering platform that can monitor itself, secure itself, and even repair itself when the system encounters performance failures.
These features will give its manufacturer a huge edge in the $46 billion database management market.
That same manufacturer has proven that they’re a far better bet than the broader market to the tune of 77%.
Today, I want to show you why this is just the beginning…
Automated Living
As more and more tasks in our economy are being automated, we’re heading towards the “Autonomous World” at warp speed.
It’s making a trip to the grocery store easier and quicker than ever before with a brand-new shopping system called “Just Walk Out.” It lets you pick up your food and, true to the name, just walk out.
It was thought up by Amazon.com Inc. (AMZN) and is to be implemented in two Whole Foods locations that they plan to open up later this year with no cashiers whatsoever.
Instead, customers will scan an app when they enter, and automated systems will track what items they pick up and leave with, and charge them accordingly.
Nuro Inc., a maker of small, self-driving delivery pods, has also announced it’s building a new, $40 million factory in Nevada.
Self-Management
And now comes the autonomous database. Unlike other databases, which are more like “dumb” warehouses which simply store information, this system can actively manage itself.
To users, it offers a simple, drag-and-drop interface that makes it usable by everyone, not just data analysts.
But on the backend, the automated system is constantly optimizing itself, handles backups and security on its own, and even heals itself if it’s ever damaged.
Maybe most importantly, it scales automatically as the company’s data needs grow, and it uses machine learning to constantly scour all the data a company puts in it for connections. This can enable companies to improve their business decisions even without knowing what to look for.
The importance of this can hardly be overstated. Today, just about every firm uses databases to store customer information, sales and refund data, performance metrics, and much more.
Consulting the Oracle
This Autonomous Data Warehouse comes courtesy of Silicon Valley legend Oracle Corp. (ORCL). If the name sounds familiar, it’s because Oracle is one of the original Silicon Valley success stories.
The firm was founded all the way back in 1977 as a database company. Two years later, it released Oracle v2 – the first version of the database product that would make the company a tech giant.
Three years ago, it reinvented the process by unveiling this new generation of a cloud-based database that is self-optimizing, self-healing, and one that handles a lot of background tasks itself.
Last March, Oracle upped the stakes even more. That’s when the firm released the new, simpler interface that makes the database usable by anyone, with little training.
For example, in the new Autonomous Data Warehouse, anyone can simply drag-and-drop data into Oracle’s database, and then see as the system automatically searches for anomalies, discovers connections, and creates models to inform decision-making.
Oracle’s Autonomous Data Warehouse is also built around making everything easily findable. Any piece of data stored in the system can easily be found by authorized users, without having to learn some arcane coding language to submit a simple query.
And let’s not forget that’s there’s more going on with Oracle than simply database management in the cloud.
Oracle hosts other profitable applications there. More than 30,000 businesses and agencies all over the world use Oracle’s cloud apps to handle sales, marketing, human resources, supply chain logistics, and much more.
All the better for Oracle since cloud-based applications are becoming a better deal every day. With 5G wireless standards becoming more and more common, the drawbacks of cloud computing are fading away.
This means stronger prospects for oracle’s cloud-based platforms. According to Fortune Business Insights, the cloud computing sector will be more than three times bigger in 2028 than it has been in 2021.
The New Data
All in all, that adds up to a stellar showing for Oracle’s cloud business. Oracle’s CEO Safra Catz recently said that the firm’s Cloud Infrastructure revenue had jumped a whopping 139% for the June quarter.
And as investors are slowly coming around to thinking of Oracle not as a stale database company, but as one of the leaders in both the cloud and automation, the stock has remained in a powerful uptrend this year.
It’s up 57.6%, which beats the S&P 500 by 77.2%,
Still, there’s plenty of room to grow. See, the market is not valuing Oracle the same way it values other cloud companies. Not yet, at least.
The firm is currently trading at 14 times expected earnings for the fiscal year that ended in May.
That’s less than half the S&P 500’s forward PE of 31.25, according to analysts at Biryinyi Associates.
Wall Street is clearly waking up to the great story here, and that should keep the stock in an uptrend.
With a stock like this, your profits become part of the new Autonomous World.
Cheers and good investing,
— Michael A. Robinson
Source: Strategic Tech Investor