Oracle to open Industry Innovation Lab in Sydney

Oracle will open a new Industry Innovation Lab in Sydney later this year as part of plans to build a global network for its customers.

The Australian laboratory will be focused on developing solutions for the construction industry. It will provide Oracle customers with a hands-on environment to develop new ideas and create solutions leveraging technology from the company and more than 30 industry partners.

At the lab, Oracle and partners will explore adapting technologies such as visual progress monitoring, sensor-based tracking, digital twins, autonomous laser scanning, augmented reality and IoT to transform the design and construction phases.

The new lab will join the new 2787 m² lab recently opened near Chicago, and a new sustainability- and mobility-centred lab in Reading, England. The labs will also focus on industries including utilities, communications and manufacturing, according to Oracle EVP for Vertical Industries Mike Sicila.

“The core technology used in the world’s most essential industries doesn’t run in an office; it runs on a construction site, in the utility operations centre, on the manufacturing floor. So why not let customers develop, test and validate technology in similar environments?” Sicila said.

“The lab brings these scenarios to life so that collectively, customers, partners and Oracle can create solutions to fuel opportunity and solve the really tough problems these industries are facing.”

The Chicago innovation lab has also been designed to act as a testbed for 5G technologies and use cases, as part of a partnership with US operator Verizon.

Image credit: ©stock.adobe.com/au/Sergey Nivens