ISRAEL - Oracle Seeks Israeli Knowledge

Arno Froese

With the hope of identifying innovators who can advance next-generation cloud capabilities, multinational computing giant Oracle launched its Startup Cloud Accelerator program in Israel.

“We’re all facing this challenge of innovate or die,” said Reggie Bradford, Oracle’s senior vice president of product development and a serial entrepreneur.

By the year 2020, the global millennial population will be 75 million and comprise about half of the international workforce, 70 million of which will be Generation Z members graduating from universities, Bradford said. Meanwhile, at that point, there will be some 20-30 billion Internet-connected devices, with cloud supercomputing transforming innovation for businesses of all sizes and artificial intelligence fueling everything, he said.

Five Israeli start-ups will be chosen in cohorts twice a year, for six-month immersion programs. While the requirements are not sector or stage-specific, Bradford stressed that selected start-ups would need to be making an impact and addressing a targetable market, with a defined yet malleable product road map. In addition, the founding team must have been working together for at least six months, he said.

As Oracle starts to recruit candidates for its Israeli program, Bradford stressed the company’s commitment to the region, noting that the Tel Aviv area has the second-biggest start-up market in the world.

“The reason I’m still here is I see at Oracle a commitment to change, to disrupt ourselves,” he said. “I would like for you guys to view Oracle as a company that is very much here toward the future.”

-www.jpost.com

Arno's commentary

The words of Mr. Bradford, Oracle’s senior vice president, “innovate or die” are most revealing, meaning the future belongs to the winners; those who are not afraid of the future, but think almost exclusively of the future. It’s no longer the five pillars: food, shelter, clothing, healthcare, and education, but it is all about creating future technology, which in reality is targeted to make one become independent from God. And Israel, a secular nation, is apparently the best source for the future.

The Bible, however, has another future, and that is guaranteed by His Word: “For the earth shall be filled with the knowledge of the glory of the Lord, as the waters cover the sea” (Habakkuk 2:14).

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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