by Alison Weiss
The promise of public cloud technology is that it enables enterprises to improve productivity and innovate faster. But firms in many industries such as healthcare, public sector, and financial services have had serious reservations about migrating to the public cloud because of potential security risks and regulatory barriers. Now companies no longer have to choose between embracing agility and managing these risks with Oracle’s new Oracle Cloud at Customer service.
According to Amit Zavery, senior vice president of Oracle Cloud Platform, Oracle Cloud at Customer gives enterprises the ability to run Oracle Cloud, Oracle’s public cloud platform, on their own premises by placing an Oracle cloud server within the data center of their choice. As a result, companies gain all the benefits of cloud while still maintaining full control over their information and complying with all data privacy and data residency requirements.
“We’ve made Oracle Cloud at Customer to be exactly the same pricing model as what we do in our public cloud,” he says. “Customers are now getting the pricing, flexibility, and scalability of the public cloud, but they have the ability to meet all their privacy, security, and regulatory requirements.”
The timing for Oracle Cloud at Customer couldn’t be better. A 2015 report from the Cloud Security Alliance reveals that banks, insurance companies, and government organizations are becoming more open to adopting cloud. Indeed, while only 32 percent of organizations surveyed have a cloud services strategy in place, 61 percent are in the process of creating such a strategy.
Customers are now getting the pricing, flexibility, and scalability of the public cloud, but they have the ability to meet all their privacy, security, and regulatory requirements.”
The Oracle Cloud at Customer service takes advantage of the same software used in Oracle Cloud and is complemented by a common set of APIs and tools. Further, Oracle is responsible for the maintenance and management of the environment.
For customers looking to migrate from Oracle solutions on premises to innovative software-as-a-service-based applications, Oracle Cloud at Customer easily facilitates connectivity between legacy applications and next-generation applications running in the cloud via Oracle Integration Cloud Service. It also utilizes a hybrid cloud structure that enables enterprises to run any workload on premises or in Oracle Cloud, and the workloads are completely portable between the two environments.
Percentage of organizations surveyed that are in the process of creating a cloud services strategy (Source: Cloud Security Alliance)
“If a company is running an application on premises and needs excess capacity during the holiday season, since a workload can be moved transparently with Oracle Cloud at Customer, it is simple to get excess capacity from the public cloud for a few hours to accommodate that burst in demand,” Zavery observes.
Oracle is already seeing high demand for the solution, which currently provides a variety of services including enterprise integration, application development, and data management. Ultimately, plans call for every service Oracle offers in the public cloud to be available in Oracle Cloud at Customer.
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