The document discusses Oracle Application Development Framework (ADF) and how it enables rapid application development. It provides a visual, drag-and-drop approach and pre-built functionality to simplify development. The document outlines two examples where ADF is being used at Oracle to modernize banking applications and build a new private banking mobile app in a faster, more efficient manner compared to previous technologies and approaches. ADF allows developers to focus on business needs rather than infrastructure and offers consistency across both web and mobile platforms.