Oracle Aims to Expand Presence in European Cloud Market, Says ISG Report

Oracle, the renowned database giant, is poised to emerge as one of Europe’s leading hyperscalers, as per a new research report unveiled by Information Services Group (ISG), a technology research and advisory firm.
Oracle Cloud for CIOsThe 2023 ISG Provider Lens Oracle Cloud and Technology Ecosystem report for Europe highlights Oracle’s strategic efforts to assist European enterprises in accelerating their transition to the cloud. Oracle has forged partnerships with industry leaders like Red Hat and Microsoft to solidify its position in the hyperscaler domain.

Notably, Red Hat Enterprise Linux is now a supported operating system running on Oracle Cloud Infrastructure (OCI), while Oracle Database@Azure offers direct access to Oracle database services deployed in Microsoft Azure datacenters, as outlined in the ISG report.

John Szente, ISG partner specializing in digital platforms and solutions in Europe, emphasized the significance of these alliances, citing increased choices and enhanced flexibility for customers. These collaborations signify a pivotal advancement in cloud technology collaboration, paving the way for future innovations, Szente noted.

According to the ISG report, cloud computing has become an integral component of Europe’s digital landscape, revolutionizing business operations and data accessibility. However, the report also underscores unique challenges facing the region, including data privacy, protection, and cybersecurity concerns. As reliance on cloud services grows, so does the risk of cyber threats and data breaches, ISG warns.

Oracle’s growing momentum in Europe is attributed to its extensive suite of cloud services tailored to address these challenges, the ISG report highlights. At Oracle CloudWorld 2023, the company unveiled Oracle Access Governance, aiming to streamline security adoption. One of Oracle’s key strengths lies in its seamless integration with existing enterprise software, offering a distinct advantage to enterprises, the report suggests.

Jan Erik Aase, partner and global leader at ISG Provider Lens Research, emphasized the need for enterprises to carefully assess their cloud strategies and choose providers aligned with their requirements and compliance obligations, given the potential pitfalls associated with cloud adoption.

Furthermore, the ISG report delves into Oracle’s integration of artificial intelligence (AI) and machine learning (ML) across its software-as-a-service (SaaS) applications, delivering prebuilt models in Oracle Database and MySQL HeatWave.

The report evaluates the capabilities of 29 providers across three quadrants: Consulting and Advisory Services, Implementation and Integration Services, and Managed Services. Leading providers such as Accenture, Capgemini, and PwC are recognized as Leaders across all three quadrants, with Timestamp and Version 1 also distinguished as Leaders in specific areas. Rising Stars like Quistor and Steltix are acknowledged for their promising portfolios and high future potential, further enriching the European cloud ecosystem, according to ISG’s assessment.

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