Cloud Fever Grips Oracle

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SummaryNot long ago, the founder and chief executive of Oracle, Larry Ellison, had famously mocked cloud computing, terming it as “complete gibberish and a fad.”

Cloud computing is hot these days; there’s no denying it. And Oracle is taking the cloud for business very seriously.

It generates about $1 billion annual revenue from Web-based software solutions and boasts of 25 million users of its cloud products. It now wants to become a one-stop shop, offering operating systems, databases, computer programs as well as computing infrastructure over the Web. Emerging markets are integral to its growth strategy and the Silicon Valley tech major is moving aggressively in India in terms of investments and positioning its products and solutions for customers here

Not long ago, the founder and chief executive of Oracle, Larry Ellison, had famously mocked cloud computing, terming it as “complete gibberish and a fad.” His outburst came in 2008 to be precise, in response to repeated queries from trade analysts. Seasoned industry watchers attributed the tech billionaire’s annoyance to the hype and hullabaloo around cloud computing than the concept itself. That was then.

Cut to present. Cloud computing is hot these days; there’s no denying it. And Larry is taking the cloud for business very seriously. The 68-year-old founder, who has led the company for over three decades, intends to make his $37.1-billion, 120,000-people strong enterprise software making firm a one-stop shop for cloud-computing products, offering operating systems, databases, computer programs as well as computing infrastructure over the Web.

He has put the iconic Silicon Valley company into a major reshaping mode to grab new opportunities in the marketplace. Smart managers have been deployed at strategic levels to give a strong impetus to his cloud dream. Oracle sales and marketing teams have been revved up to sell the new IT gear. Its R&D teams are working at frenetic pace to come up with new cloud offerings. Oracle had invested $4.5 billion on R&D last year; this year, it plans to invest $5 billion globally.

With a strong focus on emerging markets, Oracle is moving aggressively in India in terms of investments and positioning its products and solutions for customers here. “Cloud computing has moved beyond early adopter stage to mainstream in India,” says Sandeep Mathur, managing

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