According to a recent press release, “Oracle Executive Chairman and CTO Larry Ellison today marked a major milestone in the company’s autonomous strategy with the availability of the latest Oracle Autonomous Database Cloud Service, Oracle Autonomous Transaction Processing. Leveraging innovative machine learning and automation capabilities, Oracle Autonomous Transaction Processing delivers unprecedented cost savings, security, availability, and productivity. Oracle’s new self-driving database cloud service is built to run the world’s most demanding finance, retail, manufacturing, and government applications, supporting a complex mix of high-performance transaction processing, reporting, batch, and analytic workloads. Oracle’s Autonomous Database portfolio provides organizations with the most complete and advanced set of database capabilities on the market today.”

The release continues, “Traditionally, creating a database management system required experts to custom build and manually maintain a complex hardware and software stack. Oracle Autonomous Database revolutionizes data management by using machine learning to provide a self-driving, self-securing, and self-repairing database service with cloud economies of scale and elasticity. The service enables users to instantly create new autonomous databases and easily convert existing databases, dramatically reducing costs and time to market. Complementing the existing Oracle Autonomous Data Warehouse service, Oracle Autonomous Transaction Processing can support a complex mix of high-performance transactions, reporting, batch, IoT, and machine learning in a single database, allowing for simpler application development and deployment, and enabling real-time analytics, personalization, and fraud detection on live transactional data.”

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