Oracle’s multi-cloud strategy is gaining momentum, driving successful outcomes for customers globally, said Premalakshmi PR, vice president, technology cloud at Oracle India, in an interaction with FE. She highlighted how Oracle’s approach has supported transformative projects with companies like Vodafone and Team IM.
“When Vodafone approached Oracle, they sought to modernise their entire application landscape and workloads by migrating them to six dedicated Oracle regions across Europe,” Premalakshmi said.
Oracle also has also collaborated with Team IM to launch Team Cloud, New Zealand’s first locally owned and operated hyperscale cloud platform. “Team Cloud offers New Zealand businesses critical data residency and sovereignty benefits, which are essential for many organisations in the region,” she added.
To accelerate application migration and modernisation, Oracle has forged partnerships with leading hyperscalers such as AWS, Google Cloud, and Microsoft Azure. This strategy enables customers to leverage Oracle’s database technologies while seamlessly integrating with other cloud platforms.
“The most notable announcement in the cloud world has been the introduction of Oracle Database on AWS,” Premalakshmi said. This offering provides access to Oracle’s autonomous database and exadata database services on AWS’s dedicated infrastructure. “It ensures a unified experience between Oracle Cloud Infrastructure (OCI) and AWS, simplifying tasks like database administration, billing, and support. Users can also integrate with AWS analytics, EC2, and AI/ML services for a streamlined workflow.”
Oracle’s collaboration with Google Cloud has also grown, with Oracle Database now available in four regions. “This integration facilitates cloud migrations, helping customers innovate faster by leveraging combined services,” Premalakshmi said.
Additionally, Oracle has deepened its partnership with Microsoft Azure, extending Oracle Database services to six Azure regions, with plans to expand to 15 more. This includes the Zero Data Loss Autonomous Recovery Service, which enhances data protection capabilities. “The multi-cloud era offers customers flexibility, allowing them to choose advanced database technologies from any leading hyperscaler to meet their specific needs,” she said.
Growth in India and Focus on AI
Oracle India has experienced robust growth across its offerings, fuelled by investments in AI, expansion into new geographies, and targeting diverse industries. “Cloud consumption in India has grown nearly 58% year-on-year,” Premalakshmi said, adding that Oracle India added over 10 new customers in the public sector in the last quarter alone.
In the small and medium business (SMB) space, Oracle has achieved a compound annual growth rate (CAGR) of 79% over the past three years. The demand for cloud migration remains strong, with sectors like banking, financial services, and healthcare leading the shift from on-premise to cloud. Newer industries, such as fintech and non-banking financial companies (NBFCs), are also showing significant interest.
“We are seeing strong traction from fintech, NBFCs, and cooperative banks as they adopt cloud solutions,” Premalakshmi said. “Oracle’s solutions are well-positioned to support this growing demand, particularly in sectors like banking and financial services, where cloud adoption is critical to driving innovation.”