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Oracle Expands Cloud Services Portfolio


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October 09, 2012

Oracle Expands Cloud Services Portfolio

By Deepika Mala, TMCnet Contributor

Oracle (News - Alert) has recently added seven new cloud services to the Oracle Cloud Services Portfolio, according to Thomas Kurian, executive vice president of Oracle Product Development.

Available on a monthly subscription basis, the new solutions include the Oracle Planning and Budgeting Cloud Service, Oracle Financial Reporting Cloud Service, Oracle Data and Insight Cloud Service, Oracle Social Sites Cloud Service, Oracle Developer Cloud Service, Oracle Messaging Cloud Service and Oracle Storage Cloud Service.

When leveraging the Oracle Cloud which is touted as the most secure, flexible, modern and reliable cloud-based offering available today, customers now have more options than ever before.

"Cloud is a strategic business at Oracle and is growing aggressively. Customers and partners are extremely supportive of Oracle's Cloud strategy, which is evident from the mission critical workloads they are running on Oracle Cloud today," said Abhay Parasnis, senior vice president of development at Oracle, in a statement. "The breadth of opportunities available with Oracle Cloud already exceeds anything else available in the industry, and with the introduction of these new services, Oracle continues to innovate, shape the market and define the future of cloud-based services.

The cloud services provider has also introduced a comprehensive new set of enablement resources and Oracle Cloud Partner Programs with the goal of helping partners speed up time to market.

Additionally, the newly enhanced portfolio encompasses Oracle Cloud Applications, social and platform services. The Oracle Cloud Application Services entails ERP services, HCM services, talent management services, sales and marketing services, as well as customer service and support services.

The application services are now seamlessly integrated with social services that will assist organizations to transform their corporate business processes and systems using social media capabilities.

Edited by Jamie Epstein

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