After banking and finance sectors, Oracle India said it has observed a demand for cloud services from unicorns like Swiggy, Flipkart and Oyo, said Shailesh Singla, Vice President, Cloud Applications, Oracle India.
In earlier conversations with cloud service providers, businessline learnt that companies are slow to moving on to new technologies such as cloud data services compared to consumers who have moved on from hard drives to the cloud. However, officials from Oracle India said on Wednesday that they are noticing growing demand in India for cloud offerings, most recently with unicorn start-ups.
“Unicorns are a great area for us and we are partnering with them to provide scalability and security. It’s becoming a hub for us,” said Singla. Prior to the CloudWorld Tour Mumbai, company leaders spoke about the demand for Oracle Cloud services in India.
Cost optimisation
Speaking about the growing migration to cloud services, Premalakshmi PR, Vice President, Technology Cloud at Oracle India said there are two pain points that CXOs focus on: cost optimisation and improved productivity.
“From a cost standpoint, what matter is price, performance, and security. We are able to help customers achieve an optimised cost of migration by bringing in our cloud both from a performance standpoint and from a price standpoint. From our pricing compared to what the industry is seeing today, we are definitely on the lower side. So, that kind of optimises their overall cloud transformation journey as well,” said PR.
Oracle also announced the expansion of NetSuite, an American cloud-based software company, to expand its footprint of data centers around the world. NetSuite will open data centers for the first time in India in in Mumbai and Hyderabad. The move will help India-based customers reduce cross-border data transfers. It will also provide disaster recovery services while helping with geographical data storage requirements.
