Oracle taps growth of the cloud

THE cloud is allowing companies achieve lower costs, improve quality of service and customer satisfaction, and achieve a faster time to market with new capabilities. This is changing the way they do business. In Singapore, 66 per cent of companies surveyed for a global cloud study last year indicated that one of the key benefits of the cloud is lower TCO (total cost of ownership).

In view of this, enterprise software vendor Oracle is offering a slew of cloud products to suit customer needs. Speaking to BizIT, Sanjay Sinha, vice president for product development at Oracle, noted that in order to address customer needs, Oracle launched the Oracle cloud marketplace at Oracle OpenWorld last year.

"The explosive growth of cloud, mobile, and social technologies is driving the need for organisations to gain faster and easier access to innovative and trusted business applications. Oracle cloud marketplace offers a one-stop shop of solutions for customers looking for a way to extend their suite of applications.