Oracle Corp. is banking on its Exadata Database Machines as the company is looking to triple its sales in the current fiscal year.
According to tech website PC World (opens in new tab), the Redwood Shores, California-based technology powerehouse has aimed to install 3,000 Exadata database machines in the current financial year.
Currently, Oracle Corp. has 1,000 Exadata database machines running across the world as the company wants to triple the number within one year; Exadata DB Machines are actually a solution consisting of database servers, storage servers and Infiniband switches, wrapped in Oracle's own software layers.
"We were running into your typical challenges where consumers were becoming impatient with the technology we were providing. Every one of our customer-facing analytical products now sits on Exadata." stated vice president of global application development and support at Oracle, Kelly Garcia.
Experts believe that Exadata is the future of Oracle, as a single hardware ecosystem offers solutions for database management, storage along with networking for data crunching and mission-critical tasks.
The developers claim that this hardware can compress the total data stored in a data centre by 10 times along with dramatically cutting the electricity consumption and space occupied by data centres.
The company is working towards increasing its adoption across financial centres worldwide such as banks, and other financial services and insurance services providers.