Oracle is expanding its footprint in the U.S. cloud computing sector by enhancing its partner ecosystem and establishing strategic alliances, aiming to offer enterprises greater flexibility and options, as per a recent research report released by Information Services Group (ISG), a prominent global technology research and advisory company. The report suggests that if Oracle can continue to showcase the cost and performance benefits of Oracle Cloud as the preferred hosting platform for its product suite, it could pose a broader challenge to major players like Amazon, Microsoft, and Google.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for the U.S. highlights Oracle’s recent collaborations with Red Hat and Microsoft, providing customers with new avenues to implement Oracle Cloud Infrastructure (OCI). Oracle Cloud adoption is rapidly increasing in the U.S. due to the company’s expanding product offerings and partnerships, assisting enterprises in achieving their objectives, notes ISG.
Bill Huber, Partner at ISG specializing in digital platforms and solutions, mentions, “Oracle Cloud is witnessing a faster user adoption rate compared to other major cloud platforms, albeit from a smaller initial base. If Oracle can continue to showcase the cost and performance advantages of Oracle Cloud as the preferred hosting platform for Oracle’s product portfolio, it could potentially compete more widely against Amazon, Microsoft, and Google.”
In the U.S., recognized as the primary cloud market globally, more enterprises are embracing cloud-based services to enhance operational agility, enabling them to respond effectively to evolving business needs and opportunities for growth, according to ISG research. Establishing robust and reliable cloud-based operations is especially crucial to leverage emerging AI solutions effectively.
ISG notes a growing interest in AI across nearly all U.S. enterprises. Oracle is responding to this demand by developing a comprehensive suite of AI offerings, integrating AI and machine learning capabilities into Oracle Database, MySQL, and Oracle SaaS applications. While Oracle has introduced tools to address some emerging enterprise requirements, its ecosystem partners are aiding clients in integrating components from third-party sources into more holistic solutions.
Given that a single approach may not suffice for all cloud or digitalization initiatives, particularly those involving AI, more enterprises are seeking solutions tailored to specific industries and organizations, ISG points out. Innovative Oracle services like OCI, Oracle Fusion Cloud Applications, and Oracle Autonomous Database, combined with offerings from its wider ecosystem, empower enterprises to achieve industry-specific objectives.
“Cloud migration ranks high on the agendas of U.S. firms, and Oracle presents an increasingly popular cloud option,” remarks Jan Erik Aase, Partner and Global Leader at ISG Provider Lens Research. “Its partners provide the necessary elements to transform their clients’ cloud aspirations into reality.”
The report also delves into other Oracle Cloud trends in the U.S., such as the impact of Oracle Database@Azure and the company’s initiatives in privacy and cybersecurity.
For deeper insights into the challenges faced by Oracle Cloud users, including concerns regarding billing complexity and migration, along with ISG’s recommendations for overcoming them, refer to the ISG Provider Lens™ Focal Points briefing.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for the U.S. assesses the capabilities of 32 providers across three categories: Consulting and Advisory Services, Implementation and Integration Services, and Managed Services.
Accenture, Capgemini, Cognizant, Deloitte, HCLTech, IBM, Infosys, PwC, TCS, and Wipro are identified as Leaders in all three categories, while LTIMindtree is named a Leader in two categories. EY and KPMG are recognized as Leaders in one category each.
Additionally, Birlasoft, Hexaware, and LTIMindtree are acknowledged as Rising Stars — companies with a “promising portfolio” and “high future potential,” according to ISG’s criteria — in one category each.