" ITREALMS: Oracle cloud platform offers business agility

Tuesday, September 01, 2015

Oracle cloud platform offers business agility

The Group Vice President, Oracle, Robert Shimp has said that Platform-as-a-Service (PaaS), offerings, such as the Oracle Cloud Platform, have the ability to deliver unprecedented levels of business agility, ITRealms reports.

”PaaS offerings, such as the Oracle Cloud Platform, have the ability to deliver unprecedented levels of business agility. The key now is to demonstrate to businesses just how easy it is to integrate this critical cloud platform into their IT architectures. Yes, the cost savings delivered by PaaS are important, but of greater importance is its ability to help businesses reduce application development timeframes and more easily tailor and integrate third-party Software as a Service apps into their business, allowing them to more effectively address customer demand,” said Shimp.

Oracle, ITRealms gathered, recently announced the results of its “Oracle Cloud Agility” study and revealed that businesses worldwide overestimate their agility. While a majority of businesses believe they are agile, Oracle’s research highlights that many organizations cannot flexibly manage workloads or rapidly develop, test, and launch new applications, leaving them poorly prepared to deal with competitive threats. The study also found a lack of awareness among businesses around how technology, like PaaS, can be used to help address these challenges.

The Oracle Cloud Agility study surveyed 2,263 employees working for large global enterprises to understand business agility in the age of cloud. The results, ITRealms learnt, show that 64 per cent consider their organization to be agile (i.e., able to adjust quickly to new business opportunities or to iterate new products and services quickly). When looking at the United States, businesses are even more positive, with 66 percent believing their business to be agile.

Respondents are clear about the benefits of agility, with 81 per cent stating that the ability to rapidly develop, test, and launch new business applications is either critically important or important to the success of their business, falling to 76 per cent in the United States. In particular, nearly one-third of respondents (29 per cent) believe the effective mobilization of applications and services is the most important factor in business success today when it comes to IT infrastructure.

The study, ITRealms also reports, reveals that the impact of agility on competitiveness is critically important to businesses. In fact, the ability of competitors to launch innovative customer services more rapidly was identified as the top threat by businesses (27 per cent). Fifty two per cent of global respondents indicated that their business does not have an IT infrastructure capable of meeting competitive threats.

Significantly, the survey reveals that the agility benefits delivered by PaaS are not being leveraged. In fact, nearly half of businesses (49 per cent) surveyed either cannot, or do not know if they can shift workloads between public, private, and hybrid clouds, and migrate on-premises applications to the cloud.

Cyriacus Nnaji/GEE
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