Have you ever wondered what it would be like to wear a pair of “ski goggles” that could take you to an entirely new world overlaying the current reality? Wonder no more: the Apple Vision Pro is coming. With a sleek black design, it looks like a premium pair of ski goggles, but is actually a cutting-edge device that can create fully immersive experiences by seamlessly blending digital content with physical space. The Vision Pro, along with other revolutionary devices, such as the recently announced Meta’s Quest 3, is set to redefine the way we interact with technology and lead us to a new era where spatial computing takes center stage.
Computer hardware has undergone significant evolution over the past few decades, leading to the emergence of personal computing, mobile computing and now spatial computing with AI-generated content. Spatial computing, first introduced by Simon Greenwold at MIT, refers to human-machine interaction where a machine stores and manipulates information related to real-world objects and spaces. In Vision Pro’s case, it means you can arrange apps anywhere in the physical world and pull a 3D object out of an app to look at it from every angle, simply by using eye movements, hand gestures, and voice control. This offers an unparalleled interactive experience that combines AR/VR and could eventually replace laptops and smartphones down the line.
While the high price tag and portability issues of the Vision Pro may cause some skepticism, we believe such devices will become more accessible and integrated into our daily lives with the continued development of new hardware innovations. And to give it full play and promote wider adoption, more spatial apps and use cases are needed to meet various demands, including gaming, entertainment and working environments. This is where cloud providers such as Oracle play a crucial role. They provide the infrastructure and resources necessary to support the storage, processing and analysis of spatial data, as well as a variety of tools to make it easier to develop and deploy spatial apps. By using AI to generate content and analyze data, developers can create more efficient and user-friendly apps.
Looking into the future, the advancement of 5G and Internet of Things (IoT) technology is expected to further facilitate the operational efficiency of hardware and AI systems, resulting in improved user experience and increased demand for these products. Perhaps the next spatial computing device would be a real-life version of what J.A.R.V.I.S (Just a Rather Very Intelligent System) is to Tony Stark. Don’t we all need our very own personal artificial intelligence system, virtual butler, secretary and engineer?
Oracle
Oracle’s Growing Cloud Revenues
Founded in 1977, Oracle is known as a leader in database management technology. The company has expanded into enterprise software, hardware and cloud services, positioning itself as a one-stop shop for businesses looking to streamline their operations. Originally focusing on database software, Oracle enhanced its software and hardware offerings through strategic investments and acquisitions. This includes well-known companies such as Sun Microsystems (2010), where it acquired a significant hardware business, and JAVA programming language, as well as Cerner (2022), which specializes in healthcare software. This has broadened Oracle’s scope and contributed toward a highly resilient 12% revenue CAGR since 1990.
The Oracle database is considered beyond the gold standard. At its core, the Oracle database organizes and structures data so that it can be stored electronically and managed efficiently. It is widely popular across industries thanks to its scalability and compatibility. Large amounts of data can be handled and easily scaled up or down based on the requirements of the organization. Importantly, Oracle is compatible with a wide range of operating systems, programming languages and applications, which makes integration seamless.
Cloud is a key focus for Oracle and the company has become an enabler of Artificial Intelligence (AI). Nvidia selected Oracle as the first hyperscale cloud provider to offer Nvidia DGX Cloud, an AI supercomputing service, on which generative AI services (Nvidia AI Foundations) are run. DGX Cloud leverages Oracle Cloud Infrastructure (OCI) to provide high-performance computing capabilities and storage capacity, which are essential for generative AI applications. As AI penetrates more industries and as Spatial Computing proliferates, the standards expected of cloud providers will be higher. With a strong core business in databases and a growing presence in the cloud, we believe Oracle is well positioned to benefit from the rising AI tide and accelerated digitalization of industries.