SAN FRANCISCO: Oracle has added seven services to its cloud platform, spanning financial reporting apps to social and storage services, bolstering the firm’s cloud computing strategy.
The seven updates, which were unveiled at the OpenWorld show in San Francisco on Tuesday, include three apps, three platform services and a social service.
The apps are Oracle Planning and Budgeting Cloud Service, a SaaS version of the Oracle Hyperion Planning tool for financial planning, budgeting and forecasting; Oracle Financial Reporting Cloud Service, for creating management reports and corporate financial statements; and Oracle Data and Insight Cloud Service, which aggregates customer data from enterprise and social apps to ensure it is current.
On the social side, Oracle Social Sites Cloud Service helps firms quickly develop social and interactive websites to connect with customers.
In the platform space, Oracle has launched Developer Cloud Service, a standards-based environment for collaborative development; Oracle Storage Cloud Service, providing online storage; and Oracle Messaging Cloud Service, which supports data communication between apps via asynchronous message queues.
The new Oracle cloud services are available on monthly subscriptions, and have been launched as a preview today.
The new additions to the Oracle Cloud family join an existing raft of services including ERP, HCM, and sales and marketing SaaS apps, social offerings like Oracle Social Network, and database services at the platform level.
There are currently more than 25 million users of the Oracle Cloud, according to Thomas Kurian, executive vice president for Oracle Product Development, based out of 10,000 customer deployments.
Kurian noted that the vast majority of this current usage is at the SaaS application level, with slightly over 500 customers running database or middleware services, and around 2,000 companies using the firm’s social platform.
“The target customers for the Oracle Cloud are firms who want to continue running some apps themselves, but do not have the capacity or desire to manage them all themselves,” Kurian said.
“They’re enterprise customers like big banks, pharma and telcos who want a further reduction in operational cost. Virtualisation is great, but they now want to reduce the people cost. It’s getting picked up by corporates and ISVs who run on a SaaS basis.”
Today’s updates follow a raft of cloud computing announcements from Oracle earlier in the week at OpenWorld, including Oracle Database 12c, Oracle Private Cloud, and a new infrastructure as a service offering putting the firm head to head with Amazon Web Services.
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