Oracle announces lowest list prices, higher performance, and
more automation to provide customers with the lowest total cost of
ownership
REDWOOD SHORES, California,
Sept., 19, 2017 /PRNewswire/ -- At a live event today, Oracle
Executive Chairman of the Board and CTO Larry Ellison announced new programs that lower
costs by delivering increased automation and flexibility, and
enable customers to get more value from their existing Oracle
software investments. The new Oracle Cloud programs include
Bring Your Own License to PaaS and Universal Credits.
"We are completely transforming the way all companies buy and
use cloud by providing flexibility and choice," said Ellison.
"Today, we combined the lowest prices with the highest performance
and more automation to deliver a lower total cost of ownership for
our customers."
While organizations are eager to move to the cloud, many have
not due to obstacles that have forced them to choose between
flexibility and lower costs. They have been challenged by the
complexity of the cloud and the inability to rebalance spend across
different services. Organizations have also been constrained by
limited visibility and control over cloud spend. Until now,
they have been unable to fully leverage their on-premises software
investments in the cloud, having been limited to IaaS services or
sacrificing key database features at the PaaS layer. Oracle's
new cloud programs address customers' cloud adoption challenges by
improving and simplifying the way they purchase and consume cloud
services.
Bring Your Own License to Oracle Database PaaS: Delivering
Increased Value Through License Mobility
Currently, customers are able to bring their on-premises
licenses to Oracle IaaS. Today, Oracle is expanding the
offering by enabling customers to reuse their existing software
licenses for Oracle PaaS, including Oracle Database, Oracle
Middleware, Oracle Analytics, and others. Customers with
existing on-premises licenses can leverage that investment to use
Oracle Database Cloud at a fraction of the old PaaS price. Running
Oracle Database on Oracle IaaS is faster and offers more features
than Amazon, delivering the industry's lowest total cost of
ownership. Additionally, customers can further reduce
management and operational costs required for on-premises
maintenance by taking advantage of this PaaS automation.
Universal Credits: Flexible Buying and Consumption Choices
for Oracle's PaaS and IaaS Services
Oracle is introducing Universal Credits, the industry's most
flexible buying and consumption model for cloud services.
With Universal Credits, customers have one simple contract that
provides unlimited access to all current and future Oracle PaaS and
IaaS services, spanning Oracle Cloud and Oracle Cloud at Customer.
Customers gain on-demand access to all services plus the
benefit of the lower cost of pre-paid services. Additionally,
they have the flexibility to upgrade, expand or move services
across datacenters based on their requirements. With Universal
Credits, customers gain the ability to switch the PaaS or IaaS
services they are using without having to notify Oracle. Customers
also benefit from using new services with their existing set of
cloud credits when made available.
Oracle's new Universal Credit and Bring Your Own License to PaaS
will be available on September 25,
2017. These programs span Oracle Cloud and Oracle Cloud at
Customer.
About Oracle
The Oracle Cloud offers complete SaaS
application suites for ERP, HCM and CX, plus best-in-class database
Platform as a Service (PaaS) and Infrastructure as a
Service (IaaS) from data centers throughout the Americas,
Europe, and Asia. For more information about Oracle
(NYSE:ORCL), please visit us at oracle.com.
Trademarks
Oracle and Java are registered trademarks
of Oracle and/or its affiliates. Other names may be trademarks of
their respective owners.
Safe Harbor Statements
The preceding is intended to outline our general product direction.
It is intended for information purposes only, and may not be
incorporated into any contract. It is not a commitment to deliver
any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and
timing of any features or functionality described for Oracle's
products remains at the sole discretion of Oracle Corporation.
Statements in this article relating to Oracle's future plans,
expectations, beliefs, intentions, and prospects are
"forward-looking statements" and are subject to material risks and
uncertainties. Many factors could affect Oracle's current
expectations and actual results, and could cause actual results to
differ materially. A discussion of such factors and other risks
that affect Oracle's business is contained in Oracle's Securities
and Exchange Commission (SEC) filings, including Oracle's most
recent reports on Form 10-K and Form 10-Q under the heading "Risk
Factors." These filings are available on the SEC's website or on
Oracle's website at http://www.oracle.com/investor. All
information in this article is current as of September 19, 2017, and Oracle undertakes no duty
to update any statement in light of new information or future
events.
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