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The year 2022 was undoubtedly a year of technological dynamism, especially in the cloud, as new models of cloud computing came to the fore. As enterprises increase their cloud investments, they continue to prioritize flexibility, agility, scalability and cost effectiveness.
One observation that stands out to me, based on several discussions I’ve had with customers over the past year, is that their request is simple: a cloud that doesn’t constrain their operations and one that allows them to choose the best cloud option for their critical workloads.
A significant IT trend has emerged in recent years — users are realizing that a single public cloud cannot meet all their business needs. A multi-cloud strategy will be the de facto approach to ensure that customers can take advantage of the best services from more than one cloud provider.
A multicloud environment is often the right choice for organizations to balance cost, performance and agility in a world with many cloud-based services and solutions. Oracle Cloud Infrastructure supports robust multicloud solutions, enabling simpler management while minimizing integration complications and security risks.
This strategy is typically driven by workload, business and data management requirements. When designing a multicloud solution, it is essential for companies to consider network latency, data movement, security, orchestration and operations management, which ultimately influence their architectural decisions.
Organizations are looking for cloud providers that can collaborate with each other and offer on-demand services. Cloud providers are already managing this trend by clustering their cloud capabilities to reduce latency — we’re actively doing this at Oracle.
We’ve built offerings that work seamlessly across cloud infrastructures and applications. Oracle Interconnect for Azure is one such partnership where customers run more than one application in two different clouds.
We also offer Oracle Database Service for Azure which is an Oracle managed service for Azure customers, even Oracle MySQL HeatWave on AWS — an OCI fully managed database on AWS computers with machine learning-based automation and built-in advanced security features. Enables OLTP and OLAP in a single MySQL database service — without ETL duplication.
Companies will adopt the best public clouds for each of their core tasks, and their adoption will grow over the next decade. Even traditionally risk-averse industries like financial services are embracing multicloud — based on the core competencies and benefits each cloud provider offers.
Similarly, regulators have jumped on the multi-cloud bandwagon. One of our Oracle Cloud Infrastructure customers, Reliance General Insurance is one such company.
The world is changing, businesses and workloads are becoming more complex, and so is the way we use technology. Efficiency and demand for more clouds will only increase as agility and optimization remain top business priorities among customers.
Cloud providers will be tasked with ensuring that their offerings—both infrastructure and applications—integrate with other cloud providers rather than operating in silos.
Customers want their cloud solution providers to work well together so they can establish operational efficiencies and deliver superior customer service.
(Kumar is Senior Vice President and Regional General Manager, Oracle India and NetSuite JAPAC)
20221225-105605
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