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Oracle Announces Exadata Exascale, World’s Only Intelligent Data Architecture for the Cloud

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With up to 95 percent reduction in infrastructure costs, organizations of any size can now benefit from using Oracle Exadata

New service unites the best of Exadata’s database intelligent architecture and cloud elasticity to deliver extreme performance for AI, analytics, and mission-critical workloads at any scale

AUSTIN, Texas, July 11, 2024 /PRNewswire/ — Oracle today announced the general availability of Exadata Exascale, an intelligent data architecture for the cloud that provides extreme performance for all Oracle Database workloads—including AI vector processing, analytics, and transactions—at any scale. Exadata Exascale dramatically reduces costs for organizations of any size to take advantage of Oracle Exadata‘s unique built-in performance, reliability, availability, and security capabilities. Exadata Exascale is now available with the Exadata Database Service on Exascale Infrastructure and Oracle Database 23ai on Oracle Cloud Infrastructure (OCI). It will be available in Exadata Cloud@Customer, OCI Dedicated Region, and multicloud environments in the future.

“Exadata Exascale is Exadata reimagined for a multi-tenant, hyper-elastic cloud and is the future architecture for all Oracle Database cloud services,” said Kothanda Umamageswaran, senior vice president, Exadata and Scale-Out Technologies, Oracle. “By reducing infrastructure costs by up to 95 percent, Exadata Exascale makes it possible for small workloads and small businesses to leverage the benefits of Oracle Exadata for Oracle Databases in the cloud.”

Exadata Exascale is a new way for customers to use Exadata Cloud Infrastructure. It provides users with an intelligent data architecture that consists of virtualized database-optimized infrastructure on pools of shared compute and storage, which enables hyper-elastic scaling and pay-per-use economics. As a result, organizations of any size can utilize the industry-leading Exadata database platform to accelerate innovation for all data workloads starting at hundreds of dollars per month.

“Exadata Database Service on Exascale Infrastructure is the most flexible database environment we have ever worked with,” said Luis Mediero, director, Cloud and Data Solutions, Quistor. “Its ability to scale efficiently will allow us to move all workloads to high-performance environments with minimal migration time. Because it leverages Exadata technology, we also have confidence in our data resiliency and security, something that has proven difficult to achieve in other environments. In addition, Exascale’s scalability will enable us to grow resources quickly and with minimal costs as our business expands.”

With Exadata Exascale, customers benefit from a unique and intelligent data architecture that provides:

Elastic, pay-per-use resources: With Exascale, resources are completely elastic and pay-per-use, with no extra charge for IOPS. Users only specify the number of database server ECPUs and storage capacity they need, and every database is spread across pooled storage servers for high performance and availability, eliminating the need to provision dedicated database and storage servers. This reduces the cost of entry-level infrastructure for Exadata Database Service by up to 95 percent and enables flexible and granular on-line scaling of resources.

Intelligent storage cloud: With Exascale, Oracle delivers the world’s only RDMA-capable storage cloud. This intelligent storage cloud distributes databases across all available storage servers and uses data aware, intelligent Smart Scan to make thousands of CPU cores available to speed up any database query. In addition, data is replicated on three different storage servers to provide high levels of fault tolerance. Exascale Storage Cloud intelligently moves hot or frequently accessed data from disk to memory or flash, and delivers the performance of DRAM, the IOPs of flash, and the capacity of disks.

Intelligent AI: Exascale uses AI Smart Scan, a unique way to offload data and compute-intensive AI Vector Search operations to the Exascale intelligent storage cloud. AI Smart Scan and Exadata System Software 24ai run key vector search operations up to 30X faster enabling customers to run thousands of concurrent AI vector searches in multi-user environments.

Intelligent OLTP: Intelligent communication between servers enables high-performance database scaling across the Exascale Virtual Machine clusters, and intelligent, low-latency OLTP IO quickly completes mission-critical transactions and supports more concurrent users. Exadata Exascale delivers 230X more throughput than other database cloud services—2,880 GB/s compared to up to 21 GB/s for other hyperscalers. It also delivers 50X lower latency, with 17 microseconds compared to 1,000 microseconds for other cloud providers.

Intelligent analytics: Unique data intelligence automatically offloads data-intensive SQL queries to the Exascale intelligent storage cloud, enabling extreme throughput scaling for analytics. Automatic columnarization converts data into an ultra-fast in-memory columnar format that automatically uses flash caches in the Exascale intelligent storage cloud to increase capability and performance.

Database-aware intelligent clones: Users can instantly create full copies or thin clones using the Exascale intelligent storage cloud and its redirect-on-write technology. Advanced snapshot capabilities make creating space-efficient clones of pluggable or container databases easy using read-write sources. These development, test, or recovery copies are immediately available and have the same native Exadata performance and scale as the source databases.

“The emphasis on data to drive enterprise success, especially in the age of AI, and broad-based movement of enterprise data to the public cloud suggest that there is an excellent opportunity, even a mandate, for a data infrastructure approach that takes maximum advantage of the dynamism and flexibility that the public cloud platform represents. This suggests a novel data architecture designed specifically for the cloud,” said Carl Olofson, research vice president, Data Management Software, IDC. “Oracle has stepped up with Exadata Exascale. Oracle, of course, has well-established credibility in the database realm and a proven ability to execute on database demands and opportunities. Its long-time mission-critical database system, Exadata’s high-performance, and the flexibility of Oracle’s gen 2 cloud infrastructure have enabled Oracle to deliver a comprehensive, intelligent data architecture that combines Exadata and cloud benefits with pay-per-use, a near-infinite resource pool, and hyper-elasticity affordable for any size organization. With Exascale, Oracle has put forth the challenge. Who will respond?”

Additional Resources

Watch Kothanda Umamageswaran and Jia Shi announce Exadata ExascaleRead the Exadata Exascale announcement blogRead what industry analysts are saying about Exadata Exascale

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

 

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SOURCE Oracle

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Youth Power: Foreign Youth Embrace China’s Economic Prospects

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BEIJING, July 13, 2024 /PRNewswire/ — In the latest episode of China Daily’s Youth Power, which aired on June 30, Jan Kerekes, a Canadian who has lived in South China’s Hainan province for six years, shared what led him to settle down here.

Hainan is really opening up. The whole world comes here, and you see the opportunities right in front of you,” Kerekes said. “It is a place where you can pursue your dreams.”

Now a teacher at Hainan University, Andreev Aleksei, a 30-year-old Russian, found Kerekes’s story particularly resonant.

“When I went back to my country, I missed the island so much that I had to come back,” Aleksei said. “Hainan not only hosts the Boao Forum for Asia but it is also the best place for windsurfing and parachuting.”

To encourage international talent to come, Hainan has introduced 16 measures to streamline living and working conditions for foreigners.

For example, Aleksei mentioned that Hainan offers numerous benefits and advantageous policies to assist global talents in establishing businesses in the region.

“[The application process] takes just three days, and it can be completed entirely online, even for foreigners,” he said.

The young guests visited the Haikou Municipal Government Service Center to learn more about these measures. There, they met people from around the world with different needs — whether for visas, education, or business.

“I think it’s a testament to the inclusivity of the entire province,” said Jood Ghazwan Sharaf, a 27-year-old Bulgarian student at Tsinghua University.

Dylan Walker, 27, from the United States, was impressed by the efficiency of the “one window for all” system.

“It’s like a one-stop service,” he said. “You don’t have to run all over the place.”

In addition to aiding tourists and residents in their daily lives and business activities, Hainan has made significant economic progress.

One notable example is the Yangpu Economic Development Zone, which has evolved from a small port into Hainan’s largest international port.

In the zone, the young guests explored the Yangpu Offshore Wind Power Industrial Park, where they discovered Hainan’s commitment to developing its marine economy and striving for a harmonious coexistence with the ocean.

According to Lin Qingsong, the park’s general manager, while Hainan’s wind power utilization is still in its early stages, this project stands out as a pioneering model for future large-scale offshore wind power initiatives.

“We can see that China is not an economy that goes within itself. It goes outward to benefit the rest of humanity,” Sharaf said, impressed by China’s innovative economic experiments.

As a global resident of Hainan, Aleksei believes that this island is not only a dynamic free trade model but also a natural paradise that strikes a balance between work and leisure.

“This is quite a unique place in China,” Aleksei said. “No matter what purpose brings you here, whether it’s tourism, starting a business, or work, just come here, and you will fall in love with it.”

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SOURCE 21st Century English Education Media

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Unimoni Student Stars 2024 – Scholarship & Rewards Program Launched: Study Abroad with ₹12 Lakhs Scholarship

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KOCHI, India, July 13, 2024 /PRNewswire/ — Unimoni, a leading provider of international money transfer services, is thrilled to announce the launch of its highly anticipated Unimoni Student Stars 2024 scholarship program. This year, the program offers a staggering ₹12 lakhs in scholarships and prizes, empowering ambitious Indian students to pursue their educational dreams abroad.

Unimoni Student Stars 2023 proved to be a monumental success, underscoring Unimoni’s commitment to nurturing India’s brightest talents pursuing international education. The program garnered widespread acclaim for its inclusive approach and impactful support of deserving students nationwide.

Building on last year’s initiative’s resounding achievements, which supported numerous talented students in pursuing overseas education dreams, Unimoni aims to elevate its impact further in 2024. The Unimoni Student Stars 2024 scholarship program launched with increased prize offerings, expanded eligibility criteria, and enhanced participant engagement initiatives planned. The company is poised to attract an even broader pool of exceptional candidates.

Beyond the Mega Scholarships: Exciting Rewards Throughout the Year

The Unimoni Student Stars 2024 scholarship program offers a tiered prize structure. The grand prize winner receives a life-changing scholarship of ₹5 lakhs. Additionally, one student will be awarded a second prize of ₹2 lakhs and three deserving students will receive scholarships worth ₹1 lakh each. Every quarter during the application period, lucky applicants will have the chance to win a new laptop. Every month, registered students can win a stylish trolley bag, perfect for their international studies. Plus, every participant secures a coveted free study abroad forex card.

Brace yourselves for a journey of triumph and rewards with Unimoni Student Stars 2024.

Eligibility Criteria

The Unimoni Student Stars 2024 scholarship program is open to Indian students either pursuing higher education abroad or planning to do so. To be eligible, candidates must register on the Unimoni or Remit Forex website with relevant details by March 31, 2025. Eligibility criteria include securing 60% or more in 10+2/diploma or graduation from institutions recognized by CBSE/ICSE/UGC/State/Central government. Candidates must also possess a valid offer letter from a foreign university. Indian students studying overseas are eligible but must update their university details during registration.

The registration process is straightforward

The application process is designed to be simple and convenient. Students can register online at the Unimoni website or the Remitforex website. Or scan QR codes from advertisements or social media links and complete a dedicated registration landing page. Candidates must accept the terms and conditions after entering personal and educational details and confirming eligibility. Subscribing to Unimoni or Remit Forex’s social media pages is encouraged, and additional referral benefits are available.

The Application Window Opens July 1, 2024

Register for Unimoni Student Stars 2024

Embark confidently on the study abroad journey by joining the Unimoni Student Stars 2024 program. Register now to unlock exclusive benefits and services tailored to support every international education dreams. From seamless outward remittance solutions to expert guidance on financial transactions, Unimoni ensures everyone’s study abroad experience is smooth and stress-free.

Follow Unimoni on social media for updates on the Unimoni Student Stars 2024 scholarship program and other exciting initiatives.

Don’t miss out – seize this opportunity to realize global ambitions with Unimoni. Please register today and let Unimoni empower candidates on their educational journey abroad.

To begin the registration process, please visit https://cutt.ly/xehwoWCk  

About Unimoni & Their Customized Services to Meet Everyone’s Needs

Committed to facilitating global education opportunities, Unimoni empowers students to achieve their academic dreams abroad and promotes its services to aspiring students.

Whether you’re remitting funds for tuition fees or living expenses, Unimoni ensures secure and streamlined outward remittance services. Unimoni’s competitive rates and efficient exchange services also make navigating currency exchanges seamless. Our exclusive study abroad forex card offers convenience and security, facilitating hassle-free financial transactions wherever you are. If you need assistance with Guaranteed Investment Certificates (GICs), Blocked Accounts, or Foreign Telegraphic Transfers (FTS), Unimoni provides expert guidance and support.

Unimoni facilitates effortless payments for university fees, hostel charges, and other expenses abroad, ensuring timely transactions to support your academic journey. Unimoni offers comprehensive health insurance plans, flexible and competitive overseas education loan options, and suitable student accommodation to ensure a smooth transition to your new academic environment. You need not worry about visa procurement, passport assistance, flight bookings, and pre-departure orientation!

Unimoni Financial Services Ltd
Web: https://www.unimoni.in / https://remitforex.com  
Email: care@remitforex.com  
Contact : +918129922232

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Faith In Young Champions: Hisense Partners with UEFA Foundation to Bring the Beautiful Game to Hospitalized Children

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QINGDAO, China, July 12, 2024 /PRNewswire/ — During the EURO 2024 tournament, the global home appliance and consumer electronics brand Hisense and the UEFA Foundation jointly launched “Faith In Young Champions,” a public welfare initiative. Innovative robots powered by Hisense enabled hospitalized children from 22 countries to virtually connect with 23 EURO 2024 matches, fulfilling their dreams of attending the event despite physical limitations.

During these periods, children can employ the robot to gain entry into exclusive areas, such as the warm-up zone, locker room or VIP section, directing interaction with their beloved players or teams, so that every football-loving soul can express the purest passion of live football in this way.

As part of its commitment to improving the lives of children, Hisense wants to leverage user-centric technology and social responsibility worldwide. For this remarkable occasion, Hisense supported state-of-the-art commercial products like interactive displays to a hospital in South Africa, and the children had the enriching opportunity to learn how this technology works through interactive activities with the help of volunteers. Also, hospital can use that in their daily office, meeting or discussion, making their working processes more electronic and convenient. 

“We gladly accept the digital board and it will go a very long way to share ideas and brain storm with the directors, doctors and management teams of the hospital, this digital version will make life so much easier.” According to the manager of hospital.

UEFA Foundation was founded in 2015 as a charitable organization governed under Swiss law, with a long-standing philosophy that aligns with the concepts of youth care and social responsibility of Hisense. During the EURO 2024 tournaments, fans also noticed “BECAUSE EVERY CHILD IS A CHAMPION” slogan on the LED board at the pitch side, which perfectly coincides with the “Faith In Young Champions” proposal called upon by Hisense this year, also making the collaboration more possible.

Carine Nkoue, General Secretary of the UEFA Foundation, said, “Football is not only the number one sport in the world but is also a great platform to create solidarity projects for those in need. I would like to encourage all of you to join the activities of the UEFA Foundation for children and become a supporter of this global initiative. With Hisense’s support and the solidarity of the European football family, we can achieve even more.”

Engaging in charitable endeavors and fulfilling corporate social responsibility has long been a cornerstone of Hisense’s corporate culture. The company has proactively allocated resources towards public welfare initiatives with the concept of helping everyone enjoy every moment of life with user-centric technology.

Thanks to its global presence in the diversity industries, Hisense is empowered to take on a broad range of social responsibilities to enhance healthcare and education standards worldwide. Hisense exports ultrasound and other equipment to over 20 countries in Asia, Central and Eastern Africa, and Europe to meet a diverse range of those in needs. Hisense’s commercial display products have also gained market traction in over 40 countries, including Europe, the United States, and the Asia-Pacific region.

For many years, Hisense has actively participated in public welfare activities initiated by world-class sports events. The collaboration this time is a spiritual inspiration to upgrade the CSR campaign from product sponsorship to beyond time and space.

Looking ahead, Hisense and UEFA Foundation will keep working to advance their philanthropic efforts and provide greater benefits to various regions around the world by leveraging their respective resources. 

About Hisense
Hisense is a leading global home appliance and consumer electronics brand. Hisense’s business covers multimedia products (with a focus on Smart TVs), home appliances, and IT intelligent information. Hisense ranked No. 2 globally for TV shipments and No. 1 in 100″ TVs in both 2023 and Q1 2024, and now operates in more than 160 countries.

 

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SOURCE Hisense Group

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