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HOME
NEWS

Oracle Cloud fuels business transformation across industries


By VARINDIA - 2024-02-13
Oracle Cloud fuels business transformation across industries

Oracle executives have unveiled Oracle’s renewed Cloud strategy and go-to-market plan as the company looks to elevate the growing cloud market and play a more integral role in driving business transformation for its customers. Oracle is redefining industry landscapes. While its traditionally dominating sectors like BFSI, telecom, and public sector continue to grow, sectors like healthcare, BFSI, manufacturing and telecom, education etc. are leveraging Oracle cloud, giving the company a massive opportunity to accelerate India’s digital journey.

 

Notably, Oracle also recently disclosed significant progress in its generative AI strategy, spanning cloud infrastructure, applications, and platforms. This strategic initiative addresses some of the most pressing challenges their customers face. Oracle through its Oracle Cloud Infrastructure (OCI), Oracle Cloud Applications and Industries solutions portfolio is playing a key role in driving digital transformation in India. The growing demand for modernization, the infusion of AI-powered technologies, emergence of multi-cloud and hybrid cloud environments, need for security of data, need to improve efficiency and productivity and speed to market – are all contributing to heightened demand for Oracle Cloud.

 

Notable Customer Wins:

● Oracle Cloud Infrastructure: CRIF High Mark, Max Life Insurance, Lulu Group, TVS Credit Services, Tata AIG, Motherson Sumi, Cholamdalam Investments, Digital India Corporation, Kirloskar Management Services, Poonawala Housing, Toyota Financial Services, Mehsana Urban Cooperative Bank, Tata Motors, IFFCO eBazar, Bharti Airtel, WIPRO, Kotak Mahindra Bank, PUDA, myTVS and Cognizant.

 

● Oracle Fusion Cloud Applications: Jubilant FoodWorkS, Tirupati - Lord of Seven Hills, RJ World, Caratlane, Jindal Pipes, Jaquar, Motherson Sumi, Grasim Industries, Fine Organics, Fullerton India, Mphasis, EXL, Girnar Software, Icertis, Accelalpha Software, Tech Mahindra, TCS, PwC, Arcesium India, Trafigura, SMFG, HDFC Credla, Equitas Small Finance Bank, Housing Finance, Religare Fincance, Paymate, Vivriti Capital, SMGF India Credit, Fortis Healthcare, Shri Gangaram Hospital, Aster DM Healthcare, Indira IVF, Marengo Asia Hospital, GSK Haleon, Starhealth, AGS Health, Asian Paints, Apollo Tyres and Olam Group.

 

Top Industries: Oracle is serving customers in India across several industries including BFSI, Healthcare, public sector, manufacturing, IT/ITes and digital natives.

 

Oracle cloud strategy through partnerships

● Microsoft and Oracle have been working together to make it easy for those customers to seamlessly connect Azure Services with the very latest Oracle Database technology. By collocating Oracle Exadata hardware in Azure datacenters, customers will experience the best possible database and network performance.

● Oracle's strategic collaborations with Microsoft and VMware underscore its dedication to seamlessly integrating multi-cloud environments, providing customers with a best-of-both-cloud experience.

 

 “In India, Oracle has clocked 50% YoY growth in cloud consumption in the recent quarter. Also, our SMB business has been growing in cloud consumption by over 70% for the past three years. Our cloud regions in Mumbai and Hyderabad are running at full capacity, with customers deriving business benefits of scale, price, performance, and reduced costs – it’s multicloud or hybrid cloud. Oracle is driving change in industries and dominates some of the biggest transformations in India – be it in banks or insurance or UPI or fintech or NBFCs, public sector, telco or digital natives or education. Our Next-gen technologies like AI, ML, edge computing will help our customers unlock new possibilities for automation and intelligent cloud solutions, said Srikanth Doranadula, Group Vice President, Technology, Oracle India.

 

“At the forefront of India's digital transformation, Oracle aims to maintain its leadership through steadfast innovation, strategic collaborations, and a deep focus on customer and workforce success. Generative AI is riding on the paradigm shift to reshape industries, amplify human capabilities and creativity, and aid in redefining the fabric of work. Our goal is to help customers leverage AI to optimize costs and performance and minimize the need for human action. We are bullish of sectors like healthcare, e-commerce, IT services, BFSI, public sector – they are all modernising at a rapid pace. Oracle Fusion Applications business has been growing and Oracle Fusion Cloud ERP is one of the biggest contributors, growing at 34%,” said Deepa Param Singhal, Vice President, Cloud Applications, Oracle India.

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