I listened to an Oracle webinar on “The Value of Engineered Systems” yesterday. It didn’t really cover anything ground-breaking from my point of view, but it offered the following facts or thinking:
It should be noted that I’ve spent my career as a Oracle (relational) DBA of some description, so I’m sure there’s some degree of bias. However, I’m an advocate of Oracle databases because they’ve proven to be the best on the market.
- There will be an estimated 50 billion Internet devices by 2020.
- 90% of all data in the world has been created within the last 2 years.
- An estimated 50x data growth is expected by 2020 thanks to the Internet of Things, Social Media, surveillance
- An estimated 340 trillion IP addresses will be required by 2020 – I hope SOMEONE is using IPv6 by then!
- IT departments need to grow by 4% per annum just to maintain existing systems, excluding any growth of business needs – yet companies continue to make cuts in infrastructure and avoid investing in R&D.
- Storage accounts for 17% of IT budget.
- Oracle do NOT expect customers to host their PRODUCTION systems in the PUBLIC Cloud – they see customers to host PRODUCTION in a PRIVATE Cloud (either hosted by the customer or via co-lo) ***
- Instead, they expect SaaS for Development to be the big draw for the PUBLIC Cloud.
- Engineered systems simplifies IT.
- Oracle is awesome.
- Exadata is awesome on steroids.