1079RA Announcing the Oracle Cloud – Position, Strategy and Impact
On June 6, 2012, Oracle CEO Larry Ellison announced as part of the company’s Executive Strategy Update that Oracle now has a comprehensive portfolio of enterprise business software development, delivery, and management offerings, available now either for the Cloud or for on-premises deployment. Oracle began developing the Cloud solutions seven years ago. Today they are live.
Saugatuck sees seven key aspects of the Oracle Cloud as follows:
- A complete, end-to-end suite of 100+ apps, using modern tools like HTML5 for mobile client access
- Socially-enabled tools for collaboration and analysis
- Non-multitenant Clouds: “We keep your data separate and secure, not co-mingled”
- Customer isolation: You get your own virtual machine
- Deployment option: You can run your apps on-premise or in the Cloud
- Extensible: You can extend any Cloud app or link it to on-premises apps
- Everything is industry standard, service-oriented architecture
Following Larry Ellison’s presentation, Oracle President Mark Hurd added the trump note: Oracle Platinum Services promises customers 24/7 remote fault monitoring (with response time to any severity-1 issue of less than 5 minutes). In the event of a fault, Oracle also promises to restore the system or escalate the issue to product development within 15 minutes.
After years of downplaying the importance of the Cloud, Oracle wants to be known as a provider you can trust with a full line of Cloud (or on-premises) solutions with modern, standards-based architectural foundations.