A recent Oracle roundtable discussed the challenges faced by startups looking to scale operations, such as leveraging technology and ensuring data security.
Key challenges highlighted included unexpected traffic spikes, cost concerns, and educating the public on scams in niche markets.
AI and data challenges were prominent in the discussion, emphasizing the importance of bringing AI closer to data for more efficient workflows.
Maintaining costs while scaling operations was a significant concern; serverless architecture and optimal tech stack choices were suggested to control costs.
Oracle emphasized agility and cost benefits with Oracle Cloud Infrastructure (OCI) and strategies to address challenges like overprovisioning and high network costs.
Addressing latency issues during scaling, the discussion highlighted the importance of in-memory databases for real-time responses and low latency.
Compliance and security complexities were discussed, focusing on the upcoming Digital Personal Data Protection Act (DPDP Act) and data security measures.
Challenges in encrypting and obfuscating data points across microservices, along with compliance issues in the banking sector, were also addressed.
Topics covered included monitoring cloud infrastructure, managing AI infrastructure costs, and amortised cost calculations for AI-driven projects.