Indian businesses demand all cloud providers to operate together: Oracle
With focus on agility, scalability and optimisation, the demand for multiple clouds will keep expanding
As Cloud moves into the mainstream, Indian organisations, irrespective of their size, willdemand all cloud solution providers to operate with one another-be it a multi-cloud or hybrid cloud environment, a top Oracle executive told this correspondent.
Shailender Kumar, senior vice-president and regional Managing Director, Oracle India and NetSuite JAPAC, said in India's 'Techade' businesses and workloads are becoming more complex and the way technology is utilised is changing at a rapid pace.
"As agility, scalability and optimisation remain top business priorities among customers, the efficacy and demand for multiple clouds will only expand. There is tremendous opportunity for Cloud in India. The market is expanding rapidly and both private and public sector stakeholders are more open these days to embrace emerging technologies," Kumar, an industry veteran, emphasised.
According to Nasscom, 53 per cent of enterprises have increased their cloud adoption over the last one year and 84 per cent of large organisations have adopted software-as-a-service (SaaS).
"In the coming years, organisations will increasingly demand that their various cloud solution providers operate with each other, whether it is a multi-cloud or hybrid cloud environment - so they can achieve operational efficiency and provide the best customer service," Kumar noted.
Oracle India continues to be a significant growth engine with Oracle Cloud Infrastructure (OCI) unit growing by more than 100 per cent.
"Our SaaS business grew rapidly, and the portfolio remains in high demand across Fusion ERP, HCM, and CX solutions. We are closing ground-breaking deals and making inroads into new industries," Kumar pointed out.
The company sees enormous opportunities in dominant sectors like telecom, BFSI and public sector.Meanwhile, new sectors like manufacturing, e-commerce/retail, healthcare, edtech and startups are also providing a great impetus.
"We will continue to prioritise innovation that provides business value to our customers, as we focus on multi-cloud, hybrid cloud ecosystems, and new, modern applications to bring cloud to more and more businesses in India, including PSUs and companies operating in regulatory markets," said Kumar.
The future is multi-cloud as customers require flexibility and want hyper-scalers to collaborate and build well-integrated cloud ecosystems, he added.