Data Strategy—One Year After [LRN2368].pdf

1、Data Strategy:One Year After.Massimo CastelliLarry FumagalliSeptember 12th,2024Oracle CloudWorld Copyright 2024,Oracle and/or its affiliates1LRN2368 This presentation is intended to outline our general product direction.It is intended for information purposes only,and may not be incorporated into an

2、y contract.It is not a commitment to deliver any material,code,or functionality,and should not be relied upon in making purchasing decisions.The development,release,timing,and pricing of any features or functionality described for Oracles products may change and remains at the sole discretion of Ora

3、cle Corporation.Statements in this presentation relating to Oracles future plans,expectations,beliefs,intentions,and prospects are“forward-looking statements”and are subject to material risks and uncertainties.A detailed discussion of these factors and other risks that affect our business is contain

4、ed in Oracles Securities and Exchange Commission(SEC)filings,including our most recent reports on Form 10-K and Form 10-Q under the heading“Risk Factors.”These filings are available on the SECs website or on Oracles website at http:/ information in this presentation is current as of September 2024 a

5、nd Oracle undertakes no duty to update any statement in light of new information or future events.Some regulatory certifications or registrations to products or services referenced herein are held by Cerner Corporation.Cerner Corporation is a wholly owned subsidiary of Oracle.Cerner Corporation is a

6、n ONC-certified health IT developer and a registered medical device manufacturer in the United States and other jurisdictions worldwide.The materials in this presentation pertain to Oracle Health,Oracle,Oracle Cerner,and Cerner Enviza which are all wholly owned subsidiaries of Oracle Corporation.Not

7、hing in this presentation should be taken as indicating that any decisions regarding the integration of any EMEA Cerner and/or Enviza entities have been made where an integration has not already occurred.Oracle CloudWorld Copyright 2024,Oracle and/or its affiliates2Forward-looking statementsNo Produ

8、cts will be discussed in this session!Larry FumagalliSr.Director Data Strategy and ArchitectureMassimoCastelliSr.Director Product StrategyOracle CloudWorld Copyright 2024,Oracle and/or its affiliates3MikeBlackmoreSr.Director Data Strategy and ArchitectureAgenda Introductions What is Data Strategy?Wh

9、at has changed in a year?What about things other than AI?Something to Take Away Q&AOracle CloudWorld Copyright 2024,Oracle and/or its affiliates4Oracle CloudWorld Copyright 2024,Oracle and/or its affiliates5Who owns the data?What do you want to do with your data?Can you find the data you need in tim

10、e to use it?Whats the vision of data outcomes in your organization?Is your data secure and adhering to regulations?Do you trust your data enough e.g.to train AI with it?Do you get more business value from your data than the costs to manage it?Lets start with outcomes Oracle CloudWorld Copyright 2024

11、,Oracle and/or its affiliates6 Tailoring healthcare treatments based on individual genetic profiles and enabling early disease detection and prevention strategies.Optimizing energy distribution and consumption whilst reducing environmental risks to the grid.Identify and prevent fraudulent FSI transa

12、ctions and enhancing and risk models.Improving manufacturing uptime whilst simultaneously detecting defects in products.Predicting future retail sales trends and guiding consumer behavior with personalized marketing and product recommendations.Monitoring and managing vehicle performance to reduce fu

13、el consumption to enhance logistics efficiency.Improving Telco network planning,performance,and reliability to enhance customer satisfaction.Be-spoking educational content to individual students and identifying at-risk students and intervening early.Data Strategy7Data StrategyA systematic Approach t

14、o transform a Vision into a RealityData StrategyApplicationsApplicationsDataDataOutcomesOutcomesRealityVision Oracle CloudWorld Copyright 2024,Oracle and/or its affiliates8Built on three componentsPeople,Processes,Technology PeopleProcessesTechnologyApplicationsApplicationsDataDataOutcomesOutcomesRe

15、alityVision Oracle CloudWorld Copyright 2024,Oracle and/or its affiliatesOracle CloudWorld Copyright 2024,Oracle and/or its affiliates9TechnologyPolicies and PrinciplesArchitectureGovernanceProcessesApplicationsQualitySecurityOperationsGovernancePeopleManagement StructureRoles and ResponsibilitiesKP

16、Is/OKRsCultureFunctional ServicesCommunicationGovernancePeopleProcessesTechnologyHow you realize a Vision with your dataOracle CloudWorld Copyright 2024,Oracle and/or its affiliates11A Data Strategy helps keep things in balanceThe QR code on the right points to last years session recordingOracle Clo

17、udWorld Copyright 2024,Oracle and/or its affiliates12Consider processes to address ethical concerns for AI generated content,including bias mitigation and quality.AI may impact existing workflows,potentially requiring re-engineering processes to fully leverage it.AI needs skilled personnel to develo

18、p,deploy,and maintain;training and upskilling employees is crucial to harness AIs potential.AI might require a cultural change and new roles within the organization(ethics,bias,etc.)Training large models is computationally intensive(GPUs)and thus rather expensive:model training vs.RAGAre you ready t

19、o accepts a results accuracy of less than 100%?What does it really mean for your outcomes?.e.g.,Artificial Intelligence requires attentions to all 3 areasOracle CloudWorld Copyright 2024,Oracle and/or its affiliates13What has changed?AI Serves a Purpose,whats the Use-Case?OutcomesOracle CloudWorld C

20、opyright 2024,Oracle and/or its affiliates14To operate processes for Distributed Data new roles and responsibilities will need to be defined and resources appointedCollaboration,a shared understanding of roles and responsibilities and feedback loops between Business and IT.Robust data governance pro

21、cesses are essential to ensure data consistency,quality,security,and compliance.Organizations need processes to capture and maintain comprehensive metadata about the Distributed Data.Data Integration,Streaming,and Sharing technologies play a crucial role in a Distributed Data architecture.Data Catal

22、oging and Metadata management tools are required to capture,organize,and manage the Data assets.What has changed?Convergence of Mesh&FabricOracle CloudWorld Copyright 2024,Oracle and/or its affiliates15Microservices are designed to be deployed independently,so continuous delivery processes are essen

23、tial.Automated testing,deployment,and monitoring processes are essential to ensure services are delivered quickly and reliably.Microservice architecture requires a different organizational structure than traditional monolithic applications.Each microservice should have a clear ownership who is respo

24、nsible for its development,deployment,and maintenance.With data stored in multiple services,maintaining data consistency and state can be very challenging.With many services communicating,it can be difficult to monitor and observe the system as a whole.What has changed?Micro ServicesOracle CloudWorl

25、d Copyright 2024,Oracle and/or its affiliates16Implementing consistent governance policies across multiple cloud platforms is complex as standards need uniform application.Processes must be established to monitor and control costs across multiple cloud providers,avoiding unexpected expenses.A multi-

26、cloud strategy can create a culture of innovation,but it may lead to resistance from staff accustomed to a single-cloud environment.Requires personnel to be proficient in multiple cloud platforms.A multi-cloud environment involves synchronizing data across platforms,managing data consistency,and ens

27、uring data is available when it is needed.Ensuring consistent security measures across multiple clouds is challenging.What has changed?Multi-CloudOracle CloudWorld Copyright 2024,Oracle and/or its affiliates17Distributed systems foster local autonomy and diverse skill sets but can lead to consistenc

28、y issues.Consolidated systems provide uniformity and centralized expertise but may face resistance and slower decision-making.Distributed systems offer flexibility and localized adaptation but suffer from redundancy and complexity.Consolidated systems improve efficiency and standardization but may b

29、ecome bureaucratic.Distributed systems provide resilience and geographic scalability but pose integration and security challenges.Consolidated systems offer efficiency and simplicity but have higher risks of single points of failure.What has changed?AI is leading to Centralization againOracle CloudW

30、orld Copyright 2024,Oracle and/or its affiliates18Customer ExamplesA Large Financial InstitutionOracle CloudWorld Copyright 2024,Oracle and/or its affiliates19Customer ExampleA Defense organizationOracle CloudWorld Copyright 2024,Oracle and/or its affiliates20Customer ExampleLarge Healthcare provide

31、rOracle CloudWorld Copyright 2024,Oracle and/or its affiliates21Customer ExampleHealthcare AnalysisOracle CloudWorld Copyright 2024,Oracle and/or its affiliates22Always start with business outcomes in mind and not with technologyThink big but start as small as practical,with clear business requireme

32、nts(use-cases)to turn strategy into testable outcomesIt is easy to be caught up by fashionable trends;what works for one organization might not be suitable for anotherA Data Strategy is a means to an end:the delivery of business value and not of the Data Strategy itselfNever outsource Data Vision an

33、d Strategy,it has to be yours!Something to take away.If you want to follow up and discuss your Data Strategy,feel free to reach out to us!Thank You!Oracle CloudWorld Copyright 2024,Oracle and/or its affiliates23243 membership tiers:Connect:oracleaceF yourself or someone you know: more details on Oracle ACE Program:400+technical experts helping peers globallyThe Oracle ACE Program recognizes and rewards community members for their technical andcommunity contributions to the Oracle community