Oracle’s strategy to lower barrier to cloud

“You know it’s working when you start hearing banks and payment gateways and utility grids; usually the last people to go to cloud; actually going to cloud.”[/vc_column_text][vc_single_image image=”18337″ img_size=”full” add_caption=”yes”][vc_column_text]“Businesses traditionally have (legacy) issues that slow their adoption of cloud, Oracle’s strategy is to mitigate these issues so that we can get our customers to become the creative, agile, innovative businesses, we talk so much about.”

According to him, Oracle has done this by addressing customers’ core concerns – security, data residency, migration, commercial models like universal credits and Bring-Your-Own-License.

“So, we are trying to help them adopt cloud faster by making it easier for them to move to cloud, and lower the risks for them to do so.”

Commercial models

These commercial models are dubbed as tools to implement ideas on cloud. For example, Universal Credits (UC), can be topped up and used for any cloud services offered by Oracle. Chelliah said, “We have hundreds of cloud services.”

This includes database cloud service, Java cloud service, Blockchain cloud service, just to name a few. Think of UC as one universal cloud access to all current and future IaaS and PaaS services, Chelliah had said, adding that UC also recognises customer loyalty by unlocking the lowest possible pricing to go onto cloud.

Bring Your Own License or BYOL is another commercial tool that Oracle offers, to enable customers to bring their Oracle licenses into the cloud. “Oracle customers will have even greater rates to turn on database cloud service for example, because we recognise that you have it in-house.”

Cloud services

Of note in Oracle’s repertoire of cloud services, is their Blockchain Cloud Service.

Chelliah commented, “We know a thing or two about writing blocks, preserving and protecting them. And we are tying this service in to our apps.”

Calling it a change in the way that they record trust, Oracle builds and deploys Blockchain-based applications supporting Smart Contracts and Distributed Ledgers. The service can be integrated with SaaS applications for procurement, financials, loyalty, supply chain, and can securely extend business processes and accelerate business-to-business transactions.

A new cloud service is also slated to launch by end of March.

The Autonomous Data Warehouse Cloud Service, enables data warehousing that is fully managed, pre-configured and automatically tuned. Based upon Exadata technology, it promises high performance, and will deliver the benefits of being autonomous – efficiency and less human-prone mistakes.

Chelliah said, “It runs on the cloud and we manage it for you, ie. it will scale itself, back itself up, self secure itself by identifying threats with machine learning, and is self-repairing so we can afford an SLA that is five 9’s.”