Nichols Martin
Oracle has introduced a cloud-based database service offering intended to help public and private sector customers process, report and analyze transactions.
The Autonomous Transaction Processing system uses machine learning algorithms for users to automate existing databases and is designed to run on government, financial, retail and manufacturing applications, Oracle said Tuesday.
The company released the offering to complement the firm’s Autonomous Data Warehouse service as well as to help clients detect fraud based on live transactional data.
Larry Ellison, executive chairman and chief technology officer at Oracle, said the system is geared to protect organizations against data theft with an autonomous method.
