Oracle announced a new Oracle Support Rewards program to help customers speed migrations to the cloud while reducing their software license support costs.
Oracle in a statement said customers making new commitments to buy Oracle Cloud Infrastructure (OCI) services can earn rewards that reduce or even eliminate their Oracle on-premises technology licensing support bills.
Oracle revealed the specific reduction in software license support costs.
The rewards program enables all Oracle technology license support customers to earn at least 25 cents of Support Rewards for each dollar of OCI Universal Credits they purchase and consume.
Customers with Oracle Unlimited License Agreements (ULA) will save more – earning rewards at a 33 percent rate. This means that a ULA customer with an Oracle technology license support bill of $500,000 could eliminate that bill entirely by migrating $1.5 million of workloads to OCI.
Oracle Chairman and Chief Technology Officer Larry Ellison said: “We want to enable more customers to take advantage of our Gen 2 Oracle Cloud Infrastructure. Oracle Support Rewards gives customers an easy way to simultaneously reduce their software support spend as they increase the speed of their cloud adoption.”
CIOs and IT organizations are pressured to drive innovation, often without new budget. The Oracle Support Rewards program creates more value for existing Oracle technology customers, making adoption of Oracle Cloud Infrastructure even more cost-effective.
“Oracle is building differentiation in its cloud infrastructure services by staying laser focused on the unique needs of its customers,” said Dave McCarthy, vice president, Cloud and Edge Infrastructure Services, IDC. “Oracle Support Rewards combined with flexible and transparent pricing are essential in attracting new business and accelerating adoption of OCI.”
Customers and partners like Allegis Group, Cognizant, and Experian are already seeing value in this new program. Oracle partners benefit from added customer incentive to move to the cloud. In particular, cloud service providers can pass on the savings from Oracle Support Rewards to their OCI customers.
Oracle has helped Allegis Group, the global leader in talent solutions, to design a robust cloud adoption strategy.
Brian Lindner, Chief Information Officer, Allegis Group, said: “The Oracle Support Rewards program allows us to continue to use existing technology investments, dramatically lower costs, and invest in the future.”
Cognizant has worked with Oracle as both a partner and customer for more than 20 years to help clients modernize their businesses and technology platforms.
Anil Cheriyan, executive vice president, Strategy and Technology at Cognizant, said: “The Oracle Support Rewards program further gives Cognizant and our customers valuable incentives to move critical work to Oracle Cloud Infrastructure.”
Experian, a leader in data and analytics, works with Oracle for many of core systems on-premises, from call center data analysis to financial reporting.
Mervyn Lally, Global Chief Enterprise Architect, Experian, said: “As we continue to adopt cloud-based solutions, Oracle Support Rewards makes it much easier for us to choose Oracle Cloud for the future of these systems.”