Oracle Chairman Larry Ellison expands Cloud with affordability focus

Oracle Chairman and CTO Larry Ellison announced new additions to the Oracle Cloud Platform – focusing on affordability.

The company aims to take on Cloud giants such as Microsoft, IBM and Amazon Web Services.

“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,” said Ellison.

Oracle said its business in SaaS and PaaS grew 200 percent in the last quarter to $426 million – setting an industry record. Oracle claims that its rivals have ever sold that much in just one quarter.

Oracle Cloud Platform has more than 1,800 customers. It added 1,419 in the last quarter. Australian Finance Group, Avaya, and Calix are a few of the many organizations using currently available Oracle Cloud Platform services, including the Database Cloud, Java Cloud, Documents Cloud, Business Intelligence Cloud, and the Database Backup Service.

With the latest announcement, the enterprise IT company has more than 24 new cloud services — targeting developers, IT professionals, business users and analysts to build cloud applications.

Larry Ellison oracle

The new Oracle Cloud services include, Oracle Database Cloud – Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud.

Customers can tap Oracle Cloud Platform to build new applications, extend existing ones, and move existing on-premises workloads to the cloud with no application changes.

“The services are designed to maximise end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications,” said Mitesh Agarwal, CTO for Oracle India.

The Oracle cloud services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration.

Robert Mahowald, program vice president, Cloud Software, IDC, said: “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 supports 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.

Baburajan K
[email protected]

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