BAKU, Azerbaijan, September 25. Azerbaijan is
making significant strides in digitalization and technology
adoption, Oracle Senior Vice President of Technology Engineering
for Europe, the Middle East and Africa (EMEA) Jason Rees said on
Friday at the 2nd Azerbaijan International Investment Forum in
Baku, Trend's
correspondent reports from the event.


"If we are building an intelligent economy, obviously we need
computing power. But computing power alone is not enough. Of
course, we need infrastructure, data centers, GPUs and so on. But
ultimately, we also need reliable data, analytics and an
understanding of the business context," Rees said.


He noted that artificial intelligence is changing approaches to
work in both the public and private sectors, as well as in
sports.


"AI is absolutely changing the way we look at things," he
said.


According to Rees, effective use of AI requires not only
infrastructure and data, but also the appropriate platforms and
applications.


He noted that Oracle views AI as a technology that should be
applied at every level of the technology infrastructure.


"We believe AI should be embedded, not added later. This is
extremely important because AI should be in the hands of people so
that they can benefit from it, rather than just using the
infrastructure," Rees said.


Rees also stressed the importance of digital sovereignty.







"Data, reliable data, is at the core of Oracle's operations. I
think it is important for Azerbaijan and other partners to
understand that data is also the foundation of AI," he said.


According to him, it is necessary to ensure the security of data
within an organization, as well as the security of the models used
to work with that data.


"Within your organization, when using AI, you need to be able to
use both your private data and publicly available data," Rees
said.


The second Azerbaijan International Investment Forum is being
held in Baku.


The two-day forum is organized by Azerbaijan’s Ministry of
Economy and its subordinate Azerbaijan Export and Investment
Promotion Agency (AZPROMO), in strategic partnership with European
House – Ambrosetti.


Plenary and panel sessions at the event will address strategic
issues including the Middle Corridor, energy and the green
transition, artificial intelligence and digital transformation,
infrastructure, industry and free economic zones, critical raw
materials, agribusiness, financial cooperation, small and
medium-sized business development, tourism, real estate and
investment in human capital.