Oracle hosted its first CloudWorld global event series in India, where senior Oracle executives, customers and partners discussed how they are driving business transformation using the Oracle cloud. Also, at the event the company announced its Oracle Cloud Service portfolio.
Sandeep Mathur, managing director, Oracle India said, "The India marketplace is absolutely ready for large scale cloud adoption and we look forward to supporting our customers in their business transformation journeys." He further added, "The companys are now utilizing IT and related technologies, looking at options to reduce costs and are now keen on offering better services to customers."
Mathur said, "CloudWorld is happening in 10 different locations globally and Mumbai is one of them. This indicates the company's belief in this market." Oracle CloudWorld had almost 50 sessions, wherein more than 30 speakers and participation of over 1000 senior decision makers and influencers from varied business functions as well as applications and IT professionals, developers, academia and partners (System Integrators and Independent Software Vendors). This event was focused on helping them grow their cloud business in India with Oracle.
Oracle also introduced a comprehensive array of five new Cloud Partner programs to give partners choice in how they grow their business in the cloud.
The company officials stated that for Indian companies, Oracle Cloud solutions serve multiple business functions including customer experience management, sales and marketing and also critical functions like human capital management, talent management, financial management, procurement, project management and governance, risk and compliance among others. It also allows customers to easily transition from cloud to on-premise or vice versa.
"Today Oracle's cloud offerings span public and private clouds and extend to every level of our product portfolio: applications, middleware, database, servers, storage, networking, and associated operating systems and virtualization software," said Sunil Jose, Vice President, Applications, Oracle India. "Oracle solutions have been able to incorporate modern features, such as social, mobile and essential capabilities, such as analytics which are in demand across industries as CIOs gain greater control over IT budgets and decision-making."
Jose said, "Oracle's cloud is different from other clouds - not only is there dynamic functionality that spans functional pillars like CRM, HRM and ERP, but, social, mobile, and business intelligence and analytics are built in."
Oracle intends to extend its offerings to enterprise as well as SMB and SME segment. Jose said, "In the last few years, core ERP adoption has increased in mid SMB and we see it has a huge opportunity for our solutions and not as a challenge. Interestingly, large enterprises the finance departments still a slightly conservative approach in terms of investments."