Oracle OpenWorld 2016: 5 Key Takeaways
OpenWorld took over the streets of San Francisco again this year, attracting nearly 60,000 attendees at this year’s conference. Oracle OpenWorld offers more than 2,200 educational sessions and hundreds of demos and hands-on labs, plus exhibitions from more than 400 partners and clients from around the world.
Over a week-long event, Oracle showcased their innovations with a strong focus on its cloud computing platform. Here are some key takeaways:
- Oracle continues to emphasize the importance of cloud (SaaS, PaaS, IaaS), indicating their growth rate in cloud services is higher than other cloud vendors. Specifically noting an 82 percent growth rate in cloud services and taking the lead over Amazon Web Services. Oracle also claimed that it’s second-generation IaaS offering is not only cheaper than AWS, but that it outperforms Amazon’s offering – including twice as many cores, twice as much memory, four times as much storage and more than 10 times the IO capacity of Amazon.
- The Cloud Generational Shift – Overall cloud spend will continue on a growth path, with a prediction that 80 percent of IT budget spend will be on the cloud by 2025. We’ll have to wait a bit to see if CEO Mark Hurd’s 2025 predictions are on target.
- The industry is changing, as well as their competitors. Oracle has a new set of competitors…
- Applications: Now Workday and Salesforce – Not SAP
- Platform: Now Amazon and Microsoft – Not IBM
- Infrastructure: Now Amazon – Not IBM or EMC
- Cloud@Client – While announced earlier this year, Oracle stated it’s the same hardware and software stack as Oracle’s own public cloud, but co-located at a client’s site and priced as a subscription. Oracle’s goal is to make it easier for organizations in every industry to make this transition and finally reap the performance, cost and innovation benefits of Oracle Public Cloud Services and run them wherever – in the Oracle Cloud or in their own datacenter. Certainly a differentiator for Oracle to have in its lineup.
- Oracle introduced Oracle Database 12c Release 2, as well as many other new Oracle Cloud Platform and Application services. The release of Oracle Database 12c Release 2 (making its debut in the cloud first… on premise to follow), features improvements to multitenancy and faster in-memory processing and database sharding.
In addition to attending the conference sessions, we had the opportunity to meet with a few Navisite clients, as well as a potential clients to discuss Navisite’s Oracle Managed Application and Database services.
Find out how a managed application provider like Navisite can offer you reliable, secure hosting and management for Oracle’s application portfolio to help with your Oracle ERP system maintenance and adhere to the evolving operations and compliance standards by downloading the solution brief, Oracle ERP Management.