Oracle to create an 'internal startup' focused on cloud computing, IoT, AR/VR

Oracle is creating an 'internal startup' inside its North America operations that will focus on key technology trends, including cloud computing, internet of things, artificial Intelligence, and augmented and virtual reality, reports Bloomberg. 

The goal of the new startup called “Solution Engineering Center” by the company, is to attract developer talent away from rivals like AWS, Salesforce and Microsoft’s Azure as a means to stay ahead.

"We are building the Oracle Solution Engineering Centers where engineers and technologists will develop next generation cloud-based solutions to help customers become more digital and transition to the cloud," Hamza Jahangir, vice president, Cloud Platform Sales Engineering, said in a statement.

Apparently, the company has already started hiring for the same. “The mission of the organization and these two centers is to build and engineer cutting-edge solutions for our customers around cloud computing, big data analytics, mobile computing, internet of things, cybersecurity,” it said in a job posting for the new “startup.”

“Additional trends we are considering to investing in are Artificial Intelligence, Augmented and Virtual Reality and many other exciting technology trends that interest us all. Our mission is simple, we build new and innovative technology solutions for real world problems that our customers face,” according to the posts, which did not provide details of how AR and VR would be used by Oracle in its products and services.

The latest move comes on the back of Oracle making big investments in and around next-gen technology as a means to revamp its solutions for the current technological climate. Last September, the company announced that it was investing in intelligent cloud applications, called Adaptive Intelligent Applications, “that automatically offer individualized recommended actions and streamline the tasks of business users such as human resource or finance professionals.”

Again at OpenWorld, it announced tools for creating intelligent chatbots that integrate with its software.