Oracle extends enterprise cloud portfolio - Capital Business
Connect with us

Hi, what are you looking for?

153125356

Corporate

Oracle extends enterprise cloud portfolio

Oracle Executive Chairman of the Board Larry Ellison

Oracle Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications.

The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end-user experience and productivity, enable developers to manage and analyze data, rapidly develop, test and deploy applications and enable architects to quickly integrate across on-premises and cloud applications.

With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers.

“Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That’s an industry record, no company has ever sold that much in just one quarter,” said Ellison. “Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier and it’s one-tenth their price.”

Oracle Cloud Platform is experiencing exponential growth and is already powering some of the world’s most recognizable brands and organizations. Oracle Cloud Platform has more than 1,800 customers with 1,419 added in the last quarter. Australian Finance Group, Avaya, and Calix are a few of the many organizations using Oracle Cloud Platform services, including the Database Cloud, Java Cloud, Documents Cloud, Business Intelligence Cloud, and the Database Backup Service.

“According to IDC’s CloudView Survey, the top IT benefit of PaaS is having ‘a self-service environment for access to development and deployment tools’– and for business users the top benefit is ‘built-in integration with my SaaS applications,’” according to Robert Mahowald, program vice president, Cloud Software, IDC. “Having a full-service PaaS platform alongside a complete applications portfolio satisfies both needs, and users of the Oracle Cloud Platform benefit from access to the robust application development and deployment, data management, Big Data analytics, integration, and mobile capabilities, satisfying the key IT and LOB needs.”

Oracle Cloud continues to show strong adoption, supporting 70+ million users and more than 33 billion transactions each day. It runs on 54,000 devices and more than 700 petabytes of storage in 19 data centers around the world.

Advertisement

More on Capital Business