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Oracle unveils expanded cloud services portfolio

Oracle Corporation is expanding its cloud services portfolio with seven new products as it continues to demonstrate significant customer and partner momentum.

The new products are in addition to Oracle’s comprehensive range of platform, application and social services which are all available on subscription basis.

“Cloud is a strategic business at Oracle and is growing aggressively. Customers and partners are extremely supportive of our cloud strategy, which is evident from the mission critical workloads they are running on Oracle Cloud today,” said Oracle senior Vice President of Development  Abhay Parasnis.

The seven new services include planning and budgeting, financial reporting, data and insight, social sites, developer, storage and messaging.

“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,” added Mr. Parasnis.

To help partners speed time to market with new cloud-based services for their customers, Oracle also unveiled a comprehensive new set of enablement resources and Oracle Cloud partner programs.

Oracle Cloud adoption continues to grow aggressively with more than 10,000 customers and more than 25 million users worldwide already relying on the services each day.

The pricing model is simple, predictable and based on a monthly subscription model.  Customers can choose to sign up for month-to-month subscriptions or longer term contracts.

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