Larry Ellison discusses Oracle Cloud: More Automation, Lower Prices.
Oracle's two new programs make it simpler and easier for organizations to buy and consume cloud services, helping them get more value from their existing Oracle software investments. These programs are Oracle Universal Credit Pricing (Oracle UC) and Oracle Bring Your Own License (Oracle BYOL) to PaaS. These two programs together help organizations in their transition to the cloud.
While organizations are eager to move to the cloud, many have not due to obstacles which forced them to choose between flexibility and lower costs. Challenges include:
Oracle's new UC and BYOL to PaaS are available today; they span Oracle Cloud and Oracle Cloud at Customer.
"We are completely transforming the way all companies buy and use cloud by providing flexibility and choice. Today, we combined the lowest prices with the highest performance and more automation to deliver a lower total cost of ownership for our customers."
Larry Ellison to customers: "We're transforming the way you'll buy and consume the cloud."
With Oracle UC, customers have one simple contract that provides unlimited access to all current and future Oracle PaaS and IaaS services. Customers gain on-demand access to all services, plus the benefit of the lower cost of prepaid services. Additionally, customers get:
Currently, customers are able to bring their on-premises licenses to Oracle IaaS. With the new BYOL program, Oracle is expanding the offer by enabling customers to reuse their existing software licenses for Oracle PaaS—including Oracle Database, Oracle Middleware, Oracle Analytics, and more.
Customers with existing on-premises licenses can leverage that investment to:
This will give customers the freedom to "expand, move, cancel, try new things," Oracle Chairman and CTO Larry Ellison said. "You have complete flexibility, and it gets cheaper the more you use."
Ellison said Oracle's ongoing strategy is to deliver lower total cost of ownership than Amazon Web Services. "We are completely transforming the way companies buy and use cloud," he said. "We're making it more flexible and cost-effective than what any of our competitors can offer."