Database giant seeks to aid European
enterprises in addressing key challenges in the transformation to
cloud computing, ISG Provider Lens™ report says
To help European enterprises accelerate their transition to the
cloud, database giant Oracle is seeking to become one of Europe’s
leading hyperscalers, 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 Europe notes that Oracle has established
collaborations with Red Hat and Microsoft in a bid to become a
major player in the hyperscaler space. Red Hat Enterprise Linux is
now a supported operating system running on Oracle Cloud
Infrastructure (OCI), while Oracle Database@Azure will provide
direct access to Oracle database services running on OCI and
deployed in Microsoft Azure datacenters, the ISG report says.
“These alliances should give customers more choices and greater
flexibility,” said John Szente, ISG partner, digital platforms and
solutions, in Europe. “They mark a significant step forward in
cloud technology collaboration and offer exciting possibilities for
future developments.”
Cloud computing has become an integral part of the European
digital landscape, the ISG report says. It has revolutionized how
businesses operate and how individuals access and store data.
According to the report, although Europe has embraced cloud
computing as a region, it also faces some unique challenges and
considerations. One of the critical concerns is data privacy and
protection, the report says. Another is cybersecurity. As more
businesses and individuals rely on cloud services, the risk of
cyber threats and data breaches increases, ISG says.
Oracle’s growing momentum can be attributed to its comprehensive
suite of cloud services and its focus on delivering
enterprise-grade solutions for these and other challenges, the ISG
report says. At Oracle CloudWorld 2023, the company announced the
launch of Oracle Access Governance to simplify security adoption.
One of the key advantages of Oracle’s cloud platform is its
seamless integration with existing enterprise software, the report
says. Oracle service partners in Europe have a broad spectrum of
cloud service providers to choose from, depending on their needs,
ISG says.
“Cloud computing has been a boon for European business, but it
also introduces some potential pitfalls,” said Jan Erik Aase,
partner and global leader, ISG Provider Lens Research. “Enterprises
must carefully evaluate their cloud strategies and choose providers
that align with their requirements and compliance obligations.”
The report also examines how Oracle has embedded AI and ML
across their software-as-a-service (SaaS) apps, delivering prebuilt
models in Oracle Database and MySQL HeatWave.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology
Ecosystem report for Europe evaluates the capabilities of 29
providers across three quadrants: Consulting and Advisory Services,
Implementation and Integration Services and Managed Services.
The report names Accenture, Capgemini, Cognizant, Fujitsu,
HCLTech, Infosys, LTIMindtree, PwC, TCS, Tech Mahindra and Wipro as
Leaders in all three quadrants, while Timestamp is named as a
Leader in two quadrants. Version 1 is named as a Leader in one
quadrant.
In addition, Quistor is named as a Rising Star — a company with
a “promising portfolio” and “high future potential” by ISG’s
definition — in all three quadrants. Steltix is named as a Rising
Star in two quadrants, while Version 1 is named as a Rising Star in
one quadrant.
A customized version of the report is available from
Capgemini.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology
Ecosystem report for Europe 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/20240207316031/en/
Press: Will Thoretz, ISG +1 203 517 3119
will.thoretz@isg-one.com
Philipp Jaensch, ISG +49 151 730 365 76
philipp.jaensch@isg-one.com
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