October 21, 2022
3 mins read

Oracle bets big on cloud offerings for India govt

Oracle, which has had several public sector and state governments in India as its customer for years, is now in a position to help them move their workloads in a much more efficient way with its multi-cloud solutions…writes Nishant Arora

As the Indian government doubles down on modernising its infrastructure in the digital era, Oracle on Thursday said its multi-Cloud offerings, which are fresh out of the oven, can help the public sector and state governments move to the cloud faster and in an efficient manner.

Oracle has two multi-Cloud offerings, one is the database service for Microsoft Azure and the other one is ‘One MySQL’ database service for Amazon Web Services (AWS), which have generated great traction among the private sector.

According to Prasad Rai, Vice President of Global Strategic Clients Group at Oracle India, there is a great demand on the multi-Cloud offerings among the government stakeholders as well.

“Multi-cloud makes a lot of sense for them as the governments and the public sector have invested in various different technologies. When they move those to the cloud, they will not have to go through the trouble of entirely rewriting it for the cloud. Their first move to the cloud will be in a multi-cloud environment,” said Rai .

Oracle, which has had several public sector and state governments in India as its customer for years, is now in a position to help them move their workloads in a much more efficient way with its multi-cloud solutions.

Users can now migrate or build new applications on Azure and then connect to high-performance and high-availability managed Oracle Database services such as Autonomous Database running on Oracle Cloud Infrastructure (OCI).

On the other hand, ‘MySQL HeatWave’ database service can help AWS users run transaction processing, analytics, and machine learning workloads in one service, without requiring time-consuming processes and duplication between separate databases.

According to Rai, he sees great opportunities for multi-cloud adoption among the government sector. However, the initial uptake will be in the private sector, especially in the verticals like banking and telecom which is gearing up for 5G.

“We have dedicated teams that address the demand in the Indian public sector. They are working closely with the central and state governments as there is a surge in demand for cloud offerings,” he told IANS.

The state governments want to make sure that they tick off all the right boxes in terms of data security as well as on meeting the necessary requirements and laws of the land.

“Both our data centres In India are certified by the Ministry of Electronics and Information Technology (MeitY). The government and the public sector companies have been our customers for many years. Our multi-Cloud offerings are a great opportunity for them to jumpstart their journey to the cloud,” Rai emphasised.

The MeitY-empanelled Oracle cloud regions, in Mumbai and Hyderabad, are currently running at full capacity. As a result, the company has doubled its cloud customer base in the country the past few years.

Oracle’s India business saw a tremendous growth in the first quarter of FY23, with the Oracle Cloud Unit (OCI) clocking over 100 per cent growth (year-on-year) for the third year in a row.

In India, the OCI is growing at 25 per cent quarter on quarter (QoQ) and the company has clocked double-digit growth across all lines of businesses, in some even triple digit.

The company aims to be the preferred cloud provider for the Indian organisations, both in the private and public sectors.

New Oracle customers are HDFC Life, Federal Bank, NSE, Cognizant, Manappuram Comptech and Consultants Limited, SBI, Polycab, Forbes Marshall Pvt Ltd and Tensor, etc.

(Nishant Arora can be reached at nishant.a@ians.in)

ALSO READ: Web3 startups in India raise $1.3 billion

Previous Story

A rare maritime deal between Israel and Lebanon

Next Story

Air India eyes ramping up talent pool

Latest from Business

Microsoft Cuts Deep

The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees…reports Asian Lite News Microsoft is set to cut around 9,000 jobs —

Northeast Is Growth Engine

Scindia also provided updates on the government’s efforts to facilitate the entry of SpaceX’s Starlink service into India. “All due diligence from the Ministry’s side is complete Union Minister for Communications and

India to Empower Global South

India is emerging as a pivotal force in the global transition to clean energy, with Union Minister for New and Renewable Energy, Pralhad Joshi, asserting that the country is empowering the Global

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding

India Bats for Fairer Global Finance: FM Sitharaman

FM Sitharaman stated that we believe that optimal regulation fosters innovation and stability….reports Asian Lite News India supports reforms to the international financial architecture to enhance inclusivity and equity, including Multilateral Development
Go toTop

Don't Miss

Fitch Raises India’s GDP Growth Forecast to 6.2%

The rating agency reduced its estimate for 10 emerging economies

Book on India’s battle launched in Expo 2020

India Pavilion at Expo 2020 Dubai yesterday saw the release