Enterprises tap into expanding array of
tools from Oracle and partners to build out tailored, AI-ready
cloud solutions, ISG Provider Lens™ report says
Embedded link to "Cognizant" in thirteenth paragraph of release
dated February 5, 2024, should be:
https://www.cognizant.com/us/en/services/enterprise-platform-services
The updated release reads:
GROWING ORACLE ECOSYSTEM POWERS U.S. CLOUD
INITIATIVES
Enterprises tap into expanding array of
tools from Oracle and partners to build out tailored, AI-ready
cloud solutions, ISG Provider Lens™ report says
Oracle is expanding its presence in the U.S. cloud computing
market by broadening its partner ecosystem and forging strategic
partnerships, with the goal of giving enterprises more choice and
flexibility, according to a new research report published today by
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology
Ecosystem report for the U.S. finds that Oracle’s recently
announced partnerships with Red Hat and Microsoft give its
customers new ways to implement Oracle Cloud Infrastructure (OCI).
Oracle Cloud adoption is growing rapidly in the U.S. because the
company’s expanding product set and partners are helping
enterprises meet their goals, ISG says.
“Oracle Cloud is gaining users faster than other large cloud
platforms, albeit it from a much smaller base,” said Bill Huber,
partner, digital platforms and solutions, for ISG. “If Oracle is
able to further demonstrate cost and performance advantages for
Oracle Cloud as the host of choice for Oracle’s product portfolio,
it could more broadly challenge Amazon, Microsoft, and Google.”
In the U.S., the world’s leading cloud market, more enterprises
continue to adopt cloud-based services, looking to make their
operations more fluid so they can respond to changing business
requirements and growth opportunities, according to research by
ISG. Establishing robust, reliable cloud-based operations is
especially critical to take advantage of emerging AI solutions.
Interest in AI is rising in nearly all U.S. enterprises, ISG
says. To meet this demand, Oracle is building a mature set of AI
offerings by incorporating AI and ML in Oracle Database, MySQL and
Oracle SaaS applications. While the company has introduced tools
that meet some emerging enterprise needs, its ecosystem partners
are helping clients integrate components from third parties into
more comprehensive solutions.
Because one approach cannot meet the requirements of all cloud
or digitalization initiatives, especially those involving AI, more
enterprises are demanding solutions that fit the requirements of
specific industries and companies, ISG says. Innovative Oracle
services such as OCI, Oracle Fusion Cloud Applications and Oracle
Autonomous Database, combined with offerings from the company’s
broader ecosystem, enable enterprises to meet industry-specific
goals.
“Cloud migration is high on the agendas of U.S. companies, and
Oracle offers an increasingly popular cloud alternative,” said Jan
Erik Aase, partner and global leader, ISG Provider Lens Research.
“Its partners add the pieces that turn their customers’ cloud
visions into reality.”
The report also explores other Oracle Cloud trends in the U.S.,
including the impact of Oracle Database@Azure and the company’s
privacy and cybersecurity efforts.
For more insights into the challenges affecting Oracle Cloud
users, including concerns about the complexity of billing and
migration, and ISG’s advice for overcoming them, see the ISG
Provider Lens™ Focal Points briefing here.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology
Ecosystem report for the U.S. evaluates the capabilities of 32
providers across three quadrants: Consulting and Advisory Services,
Implementation and Integration Services and Managed Services.
The report names Accenture, Capgemini, Cognizant, Deloitte,
HCLTech, IBM, Infosys, PwC, TCS and Wipro as Leaders in all three
quadrants. It names LTIMindtree as a Leader in two quadrants. EY
and KPMG are named as Leaders in one quadrant each.
In addition, Birlasoft, Hexaware and LTIMindtree are named as
Rising Stars — companies with a “promising portfolio” and “high
future potential” by ISG’s definition — in one quadrant each.
Customized versions of the report are available from Cognizant,
HCLTech and Hexaware.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology
Ecosystem report for the U.S. is available to subscribers or for
one-time purchase on this webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Brazil,
the U.K., France, Benelux, Germany, Switzerland, the Nordics,
Australia and Singapore/Malaysia, with additional markets to be
added in the future. For more information about ISG Provider Lens
research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype
reports, offer a first-of-its-kind evaluation of providers from the
perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,600
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information, visit
www.isg-one.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240205244636/en/
Press Contacts:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG +1 978-518-4520
isg@matternow.com
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