Oracle Integrated Cloud Services- It is Here to Stay

Oracle Integrated Cloud Services- It is Here to Stay

The total revenues of Oracle’s cloud services (combined SaaS and PaaS) have grown from 2012 to 2016 at 55%. During the same timeline, global PaaS and SaaS markets together grew at a CAGR of 25% at a worth just below $110 billion by 2016. As a result, implied shares of the company in the combined market went up from 1.2% in 2013 to 2.7% in 2016.

Integration Cloud Service (ICS) is Oracle’s PaaS cloud offering that has the ability to integrate both on-premise and on-cloud applications. ICS has a bunch of adapters/ connectors that link Oracle’s SaaS and on-prem applications. A few third-party clouds and on-prem applications can avail of the same as well. Let us look at some of the reasons why this is here to stay in the long run.

Own license- this gave the customers more flexibility in making their hybrid journeys as they could now move their on-prem licenses to Oracle PaaS offering. It also gave a much-needed boost to the previously declining technology new-software license revenue. This is probably the best instance of how Oracle has remodeled both their business practice as well as their technology. Customers now also have the added flexibility of deploying the unique set of both on-prem and cloud technologies for their business needs. Giving people the option for their own license has increased Oracle’s technology installed base since customers are now investing more in renew support and licenses. They also understand the transition options to move to Oracle Cloud as a result.

As of now, clients have the option of bringing their on-prem licenses to Oracle IaaS. Oracle is allowing their customers to reuse their prevailing software licenses for Oracle PaaS along with Oracle Analytics, Oracle Middleware, and Oracle Database amongst others. The Database Cloud is available for a minor cost to customers who currently hold an on-prem license. Not only is this the lowest cost of ownership, it also offers more features and is faster than its closest rivals. Those who want can also further reduce the cost for on-premise management and operations by availing of the PaaS automation.

Regulated industries flexibility- the Oracle Machine Cloud is the solution for a lot of highly regulated sectors like pharmaceuticals and financial services that require the features of the cloud. Proof that this is gaining popularity can be gotten from the fact that there is demand from various industries. These sectors get to take advantage of things like less maintenance, better economics and speed of deployment while having the option of using these inside their own data centers to comply with the rules and regulations.

The Autonomous Database- this was probably one of the most highly awaited releases for the first month of the New Year. This is the latest version of the of the flagship product of Oracle. There is a high possibility that this will become the focal point of the hybrid strategy as customers have the option of using it on-prem, in a cloud or in both. This system is expected to fast-track the IaaS and PaaS businesses while making the company’s database license business stronger. The best thing about the Autonomous Database Cloud, arguably, is the fact that Oracle guarantees 99.995% uptime against half an hour of downtime every year.

Rival using the Oracle Database- the fact that Amazon uses the Oracle Database for a lot of their operations instead of their own RedShift database speaks volumes about the quality of Oracle’s product. Add to that the fact that Amazon is a dominant player in the IaaS cloud category. This is a fact that can probably be emulated by few products and services around the world or maybe by none at all. That is the power that the Oracle Database possesses in the world of cloud technology. Amazon is said to been one of the biggest customers of Oracle in the past year with $60 million worth of business and historical trends have shown that they tend to spend more in the subsequent year.

Written guarantee- Oracle is so confident that they will have a cost advantage over their rivals that they are willing to provide their clients with written service level agreements which state that their costs will be half of Amazon’s as Oracle’s service is supposed to be “five to eight” times faster.

The abovementioned pointers should be good enough to clear the reservations of even the biggest doubters. With so many advantages and some of them so hard to emulate, the future seems to be shining bright for oracle data integrator cloud.

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