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Obama unveils clean power plan

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Washington:  President Barack Obama unveiled a plan to reduce emissions from coal-fired power plants citing how global climate changes were affecting the world with more storms, droughts and floods and decimating crops from India to Africa.
“This is our moment to get this right and leave something better for our kids,” he said calling his Clean Power Plan “the single most important step America has ever taken in the fight against global climate change.”

“Climate change is no longer just about the future we’re predicting for our children or our grandchildren, it’s about the reality that we’re living with every day – right now,” said Obama pointing to stronger storms, deeper droughts and more frequent floods.

White House says the revised Clean Power Plan seeks to increase the required cuts in carbon emissions from the power sector, demanding they be slashed 32 percent from 2005 levels by 2030-up from the 30 percent requirement in the original draft regulation.

Obama said such a reduction means “we’ll be keeping 870 million tons of carbon dioxide pollution out of our atmosphere.”

Earlier addressing the Young African Leaders Initiative Presidential Summit Town Hall, Obama said “Global climate change will affect everybody.”

“And because the changes could be so severe, frankly, the countries that are most likely to be adversely affected are the poorer countries because they have less margin for error.”

“So if you have changing weather patterns in, let’s say, the Indian Subcontinent, and the monsoon rains shift, suddenly you could have millions of people whose crops completely fail,” Obama said.

“Well, the same is true in Africa-if rain patterns and drought starts changing, subsistence farmers are completely vulnerable,” he said.

Asked how Obama’s Clean Power Plan relates to world climate summit in Paris in December, his press secretary Josh Earnest cited “lot of success” in getting significant commitments from several countries including India, China and Brazil.

“We have had a lot of success in getting other countries to make significant commitments alongside the United States when we make important domestic commitments when it comes to reducing carbon pollution.”

During Obama’s visit to China last November, China had made a significant commitment to “cap carbon emissions in China on or around 2030.”

“We saw a similar dynamic when President (Dilma) Rousseff of Brazil visited the White House, where both Presidents made a commitment to reduce carbon emissions,” he said.

“We saw commitments from India when it comes to the deployment of renewable energy technology.”

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Oracle Witnessing Double-Digit Growth in India For Past 3 Years

The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft

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Cloud major Oracle, which is seeing high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India, has witnessed double-digit growth in the country for the past three years, a top company executive has said.

Start-ups and small and medium businesses (SMBs) are fast adopting Oracle’s Software-as-a-Service (SaaS) in the country.

“We are seeing double-digit growth (on an average) in the country. In fact, that’s both in our NetSuite business as well as our enterprise business.

“The India Cloud business is really booming. Overall, the double-digit growth has been there for the last three years in the country, which has been the best-performing region in the Asia-Pacific for us,” Shaakun Khanna, India SaaS GTM Lead, Oracle, told IANS in an interview.

The company competes with major Cloud players like Amazon Web Services (AWS), Google Cloud Platform and Microsoft Azure and provides services such as SaaS, Platform-as-a-Service (PaaS) and Data-as-a-Service (DaaS).

According to Oracle, as a corporation, the firm is on track to become the top SaaS company in the world.

The company offers innovative and proven Cloud suite of SaaS applications that enable customers to transform their business with the latest intelligent technologies such as Artificial Intelligence (AI) and Machine Learning (ML).

“From a perspective of completeness of our enterprise applications, there’s no one who can compare with us. So, that’s pretty much our objective and vision in India as well,” Khanna added.

Oracle Launches Intelligence Map for Close Look at Internet.
Witnessing double-digit growth in India for past 3 years: Oracle. IANS

According to the company, going “autonomous” gave it an edge over rivals in the country.

Larry Ellison, Co-Founder and Executive Chairman of Oracle, in October unveiled the second generation Oracle Cloud with autonomous capabilities, improved security and upgrades for enterprises at the company’s annual user conference “Oracle Open World 2018” in San Francisco.

According to Khanna, autonomous is probably the biggest thing because, with autonomous, the ability to engage technologies like AI, ML, UI-UX, is there.

“I think the other advantage is our diversity, because if you look at it, we are the only company of our stature in the world that has everything — it’s not just the applications that are ours, the hardware, the infrastructure, the database, everything is Oracle,” Khanna noted.

Also Read- China, US Set To Take Action Against Each Other

The Oracle Autonomous Database now has the capability to automatically scan for security threats and apply security updates while running to help prevent cyberattacks and data theft.

“If you look at the way Oracle built its first set of Cloud infrastructure is very similar to how Google built it, how Amazon built it, how Microsoft built it, almost everyone built it and we are doing exactly the same.

“Larry and the other founders who started Oracle — they were working for a CIA project and then they came out and started Oracle. So we understand security from our DNA,” said Mitesh Agarwal, Vice President, Key Accounts, Oracle India.

“Almost all of our competitors have never managed to move an enterprise workload to the Cloud — not a single one of them. They all have peripheral applications that have moved to the Cloud. That’s still only about 5-6 per cent of the workloads in the world,” Agarwal informed. (IANS)