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Oracle on Sunday reinforced its leadership in Cloud computing, unveiling new innovative technology and over 20 solutions to help firms boost their businesses with lower cost and greater efficiency.
The announcement of an unprecedented number of solutions on the inaugural day of the Oracle Open World 2016 on Sunday in San Francisco points to the industry giant’s conviction that more businesses will embrace cloud solutions given its wide range of benefits.
In his first keynote delivered on Sunday, Executive Chairman and CTO Larry Ellison drove home the point that Oracle is by far the leading and the most complete and integrated cloud solutions provider with cutting edge Software as a Service (SaaS) with regard to applications, Platform as a Service (PaaS) for database, middle ware, analytics, integration, etc. and Infrastructure as a Service (IaaS) covering storage, compute and network as a service.
He said contrary to popular perceptions, SAP wasn’t the biggest competitor for Oracle in applications market but Workday and Salesforce. In PaaS, it was Amazon and Microsoft and not IBM whilst in IaaS Amazon was the competitor and not IBM or EMC.
Revealing Oracle’s leadership status, Ellison said with regard to SaaS and PaaS Oracle sold more than anybody else during the past fiscal year. This year he forecast Oracle to sell more than $ 2 billion in SaaS and PaaS solutions than anybody else.
Oracle has been enjoying 82% growth in sales for SaaS and PaaS in the last quarter with Cloud revenue amounting to $ 1 billion. In fact Oracle’s SaaS and PaaS sales enjoyed twice the growth rate of Workday. Oracle had 2,862 Cloud ERP customers as against 228 by second placed Workday.
Oracle Chairman and CTO Larry Ellison
Ellison also revealed Oracle’s growing demand for ERP solutions with over 2,500 customers worldwide in 90 countries including 340 in the Asia Pacific.
“We have more SaaS applications by a huge margin than any other cloud services provider. We have HCM suite, CRM Suite, Customer Experience Suite plus lots and lots of industry suites as well. And we’re constantly, constantly adding to our footprint,” Ellison emphasised.
“Amazon’s lead is over. Amazon is going to have serious competition going forward,” Ellison declared during his keynote that spanned over an hour at the packed Oracle Open World 2016 attended by thousands of customers, partners and media including the Daily FT.
Oracle’s stepped up focus on IaaS was reiterated by Ellison who also unveiled what he described as “second generation” solutions offering fast network, high availability, fault isolation and fault tolerance all of which will significantly benefit customers.
“We’re very proud of our second generation of Infrastructure as a Service (IaaS). We’re going to be focusing on it and aggressively featuring it not only during Oracle OpenWorld but for the remainder of this fiscal year and next fiscal year and the year after that,” said Ellison, who will also deliver the second keynote on Tuesday.
During his presentation he showed the superiority of Oracle’s IaaS offering as opposed to Amazon by being 11.5 times faster than Amazon’s fastest and that’s too paying 20% less. Citing multiple metrics, Ellison said Oracle’s Cores had a 2.25 times advantage than Amazon and with regard to D-RAM Oracle advantage was two times. Oracle SSD Storage was 4.5 times capacity of Amazon too and in terms of Input/Output Operations Per Second (IOPs) Oracle was 11.5 times better.
Via the second generation IaaS enterprises can benefit from three completely fault-independent Availability Domains and ultra-low latency and high bandwidth between the Domains making highly available infrastructure for mission critical workloads.
Among new offering announced were “Cloud@Customer” PaaS offering compatibility, portability and coexistence strategy for clients. This one click data and application migration will be on a subscription service.
Open World 2016 inauguration also saw the introduction of Oracle Database 12c Release 2 and a new Database-as-a-Service (DBaaS) that is orders of magnitudes faster and more scalable than other Cloud database services and new Adaptive Intelligence Applications that use machine learning to power the next generation of Cloud applications.
The release of Oracle’s world’s number one database, Oracle Database 12c Release 2, coming first in the Cloud, marks a new era of magnitude and innovation for the enterprise. Building on its unique multi-tenant architecture and in-memory technology, Oracle’s flagship database is able to drive robust enterprise workloads faster than the nearest competitor.
Oracle said launch of new solutions was since many organisations have found themselves wanting to leverage the cost and simplicity of the Cloud but have yet to make the move. Concerns about security, scale and complexity, uncertain migration paths, fragmented toolsets, and inconsistent user experiences have left many businesses sitting on the sidelines in search of a Cloud offering with the on-premise-grade capabilities enterprise IT requires. “With today’s announcements, Oracle is delivering the end-to-end capabilities enterprises need to take full advantage of the Cloud,” Oracle added.
Running until 22 September, Oracle OpenWorld 2016 is the industry’s most important business and technology conference for the past 20 years. It is estimated to draw 60,000 participants including customers and partners from over 141 countries and millions of online attendees. It offers participants to choose from 2,240 sessions presented by 2,054 customer and partner speakers, 400 Oracle demos, as well as hundreds of partner and customer exhibitions.
Dedicated to helping businesses leverage Cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology.
