Expert Advice for Medium and Midsize Businesses
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Emerging Technologies
September 25, 2019
Startups Turn to Oracle to Launch and Scale Their Fast-Growing Businesses
Oracle is rolling out a revamped program to court startups, offering free cloud credits and software discounts, plus online mentoring resources and migration assistance to startups of all sizes and stages worldwide. Unlike an earlier startup initiative that required an application and admitted a cohort of select startups for an onsite program, this effort, Oracle for Startups, lets any startup sign up online and start developing immediately.
Once enrolled, startups gain access to a members-only portal, which offers detailed descriptions about the program’s services, hands-on development labs, and other how-to assistance for migrating an existing instance or spinning up new ones, says Jason Williamson, vice president of Oracle for Startups.
Startup leaders take the stage at the Startup Grind Europe. | COURTESY OF STARTUP GRIND
By closing its onsite coworking spaces, Oracle could reallocate resources, expanding Oracle Cloud credits and offering a 70% service discount, which is good for two years from the time of enrollment. Participating startups can also apply for additional services on the portal, including access to marketing resources, such as the opportunity to participate in Oracle’s global conferences and partner events, where startups have made valuable connections with Oracle’s network of 430,000 customers.
In the new model, Oracle gives qualifying startups expert training, mentorship, and partners that startups’ customers will trust—all things that Higinio (H.O.) Maycotte, founder and CEO of continuous data-streaming and analytics platform Molecula, says drew him to Oracle. The access to Oracle’s technology, engineers, product marketers, and sales teams “is invaluable to us as we scale globally and continue to pioneer the data streaming space,” he says.