On the Heels of Announcing an Incremental and Dedicated Cloud Sales Team in India, Oracle India Hosts its Third Annual Global CloudWorld Mumbai
Oracle India today announced that it is witnessing unprecedented demand for its cloud solutions in the country. Oracle's Software as a Service (SaaS) business has seen the highest and fastest adoption rate till date, with Platform as a Service (Paas) close behind. This can be attributed to the company's best-of-breed SaaS applications which are integrated with social, mobile, and analytic capabilities to help companies deliver the experiences they expect, the talent to succeed, and the performance the market demands.
Over the last few years, Oracle has acquired several hundred cloud customers in India, all using different Oracle Cloud solutions. Nearly 50 percent of its SaaS customers are net new. The Oracle Customer Experience Cloud (Oracle CX Cloud), which includes Oracle Sales Cloud, Oracle Service Cloud, Oracle Marketing Cloud, and Oracle Social Cloud, had the highest uptake in customer adoption and accounts for more than 50 percent of the company's SaaS customer base.
Oracle Human Capital Management Cloud (Oracle HCM Cloud) customers constituted 32 percent of the SaaS customer base, while the remaining included customers using ERP in the cloud or PaaS, among others.
Oracle is the world's second largest SaaS company and the only cloud service provider to offer breadth and depth of cloud solutions across SaaS, PaaS, Infrastructure as a Service (IaaS) and Data as a Service (DaaS). In India, Oracle Cloud solutions are helping Indian enterprises, large and midsize, to confidently embrace the cloud and use it to support their business transformation initiatives. Some of Oracle's cloud customers include Birlasoft Limited, iGate Global Solutions, Indiabulls, Kotak Life Insurance, Pearson India, PolicyBazaar.com, PVR Cinemas Ltd., Reliance Commercial Finance, Thomas Cook India Ltd. among others.
"We are upbeat about the momentum in cloud. The growth in this business is happening faster than our expectation. Oracle Cloud offers the broadest, most complete, and the most integrated set of cloud offerings in the industry. It's a great time to be at Oracle and be part of the cloud business team - whether you are an employee, a customer, a developer or a partner," said Shailender Kumar, Managing Director, Oracle India.
Oracle also unveiled its strategy to grow its cloud business in India, including hiring a dedicated sales force to only sell cloud solutions; signing-up and training new partners to make them cloud ready; and leveraging Oracle's renewed focus on geo-expansion and public sector areas to expand the market and drive growth for cloud.
"The Oracle Cloud portfolio offers the necessary foundation: it is comprehensive, flexible, and scalable, to quickly bring services to the market. With applications covering every function of modern business, Oracle's applications truly are best of breed, optimized for the cloud, and transformed for the digital economy. This has helped us to evolve into a modern cloud vendor that is prepared to meet any challenges that our customers face. We are seeing tremendous momentum in industries like professional services, e-commerce, start-ups, industrial manufacturing, engineering & construction, financial services and automotive," added Niraj Kaushik, Vice President-Applications, Oracle India.
As part of the company's program to drive cloud business, Oracle India will be hosting Oracle CloudWorld 2015 on April 7th in Mumbai. The conference is being sponsored by Oracle partners - Wipro, Birlasoft, Deloitte, Speridian Technologies, and ADI Strategies. During the event, thought leaders from Oracle and other leading organisations are expected to share insights on how best to leverage cloud technologies to drive transformational change.
Oracle - The Cloud Company
In fiscal Q3 2015, Oracle's SaaS and PaaS grew by 30 percent to $375 million while IaaS revenue was $155 million, up by 32 percent.[1]
SaaS, PaaS, and IaaS revenues totaled more than $1 billion in half a year, with a run rate of more than $2 billion per year.
Oracle has a portfolio of more than 600 cloud applications, as well as thousands of packaged applications built by partners to further extend them.
Oracle Cloud supports 62 million users and 23 billion transactions each day. It runs on 30,000 devices and 400 petabytes of storage in 19 data centers around the world.[2]
Oracle spent 10 years rewriting all on-premise applications and middleware for the cloud, so that customers can build their own applications using the same industry-standard programming language - Java that Oracle uses, on top of the world's most widely deployed database.
www.oracle.com
