Business technology major Oracle said it is planning a data center in India in order to expand its cloud services over the next six to nine months.
Cloud companies such as Microsoft and Amazon Web Services (AWS) have their own data centers in India.
Earlier, Oracle announced revenues of $9.2 billion (+2 percent) in Q3 fiscal 2017 — supported by 73 percent increase in Cloud revenue.
Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $1 billion (+73 percent).
Total Cloud revenues, including infrastructure as a service (IaaS), were $1.2 billion (+62 percent). Oracle Corporation’s Cloud and On-Premise Software revenues were $7.4 billion (+4 percent).
Oracle India said it will be reviewing proposals from India government and technology business partners to build and move workloads to an India-based cloud. The services will offer security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings.
Oracle did not reveal its pricing strategies to tap Indian enterprise customers with its Cloud offerings.
“With this expansion we will be able to further support customer choice adding to capabilities already available through deployments of Oracle Cloud at Customer, as well as other Oracle Cloud data center regions in Asia Pacific,” said Thomas Kurian, president of product development, Oracle.
Software major Microsoft recently announced its deal with leading e-commerce company Flipkart for utilizing its Azure cloud platform to boost online sales. The partnership was announced by Microsoft CEO Satya Nadela on his maiden visit to the tech hub after he took over the reins of the world’s largest software firm in February 2014.
Microsoft earlier announced that its commercial Cloud annualised revenue run rate exceeded $15.2 billion in the third quarter of 2017. Revenue in Intelligent Cloud was $6.8 billion (+11 percent). Microsoft’s Server products and Cloud services revenue increased 15 percent driven by Azure revenue growth of 93 percent.
Baburajan K
editor@infotechlead.com
