Veritone Announces Strategic Agreement with Oracle to Accelerate Enterprise AI and AI Data Economy
Multi-year partnership will support Veritone’s global growth and AI expansion across commercial and public sectors, Veritone Data Refinery, and Veritone Data Marketplace
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As the demand for AI infrastructure continues to grow, Veritone and Oracle will offer solutions that are:
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Veritone's core business
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Commercial
Low-latency networking and high-performance storage to empower our commercial customers to more intelligently search, manage, and monetize their archives, unlocking richer insights.
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"Veritone has built strong capabilities in AI, especially in managing unstructured data and supporting complex media workflows. By working together, we are helping organizations—particularly in regulated and data-intensive industries—deploy and scale AI initiatives with security, performance, and control."
- Chris Gandolfo, Executive Vice President, North America OCI Sales & Engineering, Oracle
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powered by Oracle Cloud Infrastructure’s (OCI)’s high-performance AI infrastructure
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Public Sector
CJIS and FedRAMP-authorized environments to support U.S. government and public sector requirements and modernize data and investigative workflows.
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Data Services
Efficiently transform and tokenize raw, unstructured data into high-quality training datasets, expanding the volume of premium data available to the world’s leading AI developers.
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FAQs
The rapid evolution of enterprise AI and data-driven technologies is accelerating demand for integrated platforms that deliver both workflow efficiencies as well as the security and scalability that AI promises. This agreement will enable Veritone and Oracle to combine their strengths to deliver solutions that better meet the needs of modern enterprises.
How did the partnership come about?
This agreement is expected to provide Veritone customers with an integrated solution that provides the AI-powered solutions they’ve come to expect, with enhanced scalability, security and performance provided by Oracle’s distributed cloud.
Why is this agreement strategically important for Veritone?
Veritone has over a decade of experience building AI-powered systems and applications that process and activate enterprise data for customers in the commercial and public sectors. Veritone’s expertise in managing unstructured data and supporting complex media workflows will be instrumental in helping organizations – particularly in regulated and data-intensive industries – deploy and scale AI initiatives with security, performance, and control.
Why is Veritone an attractive partner for Oracle?
With support from Oracle, Veritone will be able to provide customers additional infrastructure options with strong scalability, security, and performance, helping customers innovate and scale in highly regulated and data-intensive industries. Additionally, Veritone will be able to leverage OCI’s distributed cloud – spanning the edge, a customer’s datacenter multi-cloud environments, and the public cloud – to help meet security and data residency requirements.
What is the benefit of the partnership for Veritone?
Under the agreement, Veritone will deploy its solutions on OCI and support large-scale, multimodal data processing.
What are Veritone's plans for the partnership?
The partnership is designed to expand our addressable market and create new joint go-to-market opportunities. Over time, we expect it to drive incremental revenue through joint solutions, expanded customer adoption, and cross-selling opportunities.
How will this partnership impact revenue in the near and long term?
The partnership brings together complementary technologies from Veritone and Oracle that address critical challenges in managing and extracting value from data. By working together, Veritone and Oracle are helping organizations deploy and scale AI initiatives with security, performance, and control.
What makes this partnership significant for the industry?
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Powering the next step in the data economy.
With Oracle, Veritone is strengthening its leadership in managing unstructured data and complex, multi-model AI workflows while enhancing the performance, security, and scalability of its AI solutions.