Wednesday, March 22, 2023

Oracle: India Inc moving core processes to cloud: Oracle – Usky News

Mumbai: The growth of Oracle’s cloud business (Oracle Cloud Infrastructure OCI) is growing in India at almost twice the rate of its global growth. cloud consumption for OCI A company executive said on Wednesday that the first half of FY2023 in India has grown by 125% compared to the same half of the previous financial year.
“India is on a leapfrog path in the cloud. Now we’re seeing core systems move to the cloud here, not fringe clouds.” chris cheliasenior vice president, technology and customer strategy, Japan and Asia Pacific, Oracle, told TOI on the sidelines of the Oracle Cloud Summit here.
Serving verticals ranging from payment infrastructure of banks to utility management systems to systems of major telcos in India, Oracle says cloud is now mainstream here. Tata Motors, for example, has moved its entire dealer management system onto Oracle’s cloud infrastructure. “More comprehensive and long-term partnerships are on the cards with big public sector names,” said Chelliah.
India is also a leader in adopting the multi-cloud trend. Multi-cloud refers to companies moving to multicloud deployments from more than one cloud provider. According to the results of a survey by OCI and 451 Research released on Wednesday, 98% of the enterprises surveyed in India are using or planning to use at least two cloud infrastructure providers and 33% are using four or more. using more. Data sovereignty and cost optimization emerged as top drivers for Indian enterprises to implement multi-cloud strategies.
Oracle today has 41 data centers (what it calls ‘cloud regions’) globally, including two in India in Mumbai and Hyderabad. Chelliah says it is expected to reach 50 by the end of the calendar year. “In 2019, we had just one globally, and today we have 41 and this shows the pace of development,” he said. Oracle employs 45,000 professionals in business, support and development in India, and globally, the tech giant has over 120,000 people. “We develop, run and support [products] Here, ”Chelia said.


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