Becker's Healthcare September 15, 2022
Oracle closed its $28.4 billion acquisition of Cerner in June and the company contributed $1.4 billion to Oracle’s revenue in the first quarter of 2023, which ended Aug. 31.
Larry Ellison, chair and chief technology officer of Oracle, shared expectations for Cerner in the next 12 months during the quarterly earnings call Sept. 12.
Oracle builds applications and runs them within the company’s infrastructure and its latest generation of autonomous database tools are different from other Oracle databases because they don’t require database administrators, Mr. Ellison said, as transcribed by The Motley Fool.
“There is no human labor associated with running the Oracle database anymore, so there can be no human error,” he said. “The costs are so much cheaper....
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