Oracle India announced that itsSoftware as a Service (SaaS) business has seen the highest and fastest adoption rate till date, with Platform as a Service (Paas) close behind. Over the last few years, Oracle has acquired several hundred cloud customers in India, all using different Oracle Cloud solutions. Nearly 50 percent of its SaaS customers are net new. The Oracle Customer Experience Cloud (Oracle CX Cloud), which includes Oracle Sales Cloud, Oracle Service Cloud, Oracle Marketing Cloud, and Oracle Social Cloud, had the highest uptake in customer adoption and accounts for more than 50 percent of the company’s SaaS customer base.
Oracle Human Capital Management Cloud (Oracle HCM Cloud) customers constituted 32 percent of the SaaS customer base, while the remaining included customers using ERP in the cloud or PaaS, among others.
“The growth in this business is happening faster than our expectation. Oracle Cloud offers the broadest, most complete, and the most integrated set of cloud offerings in the industry.” said Shailender Kumar, Managing Director, Oracle India.
Oracle also unveiled its strategy to grow its cloud business in India, including hiring a dedicated sales force to only sell cloud solutions; signing-up and training new partners to make them cloud ready; and leveraging Oracle’s renewed focus on geo-expansion and public sector areas to expand the market and drive growth for cloud.
As part of the company’s program to drive cloud business, Oracle India will be hosting Oracle CloudWorld 2015 on April 7th in Mumbai. The conference is being sponsored by Oracle partners, Wipro, Birlasoft, Deloitte, Speridian Technologies, and ADI Strategies. During the event, thought leaders from Oracle and other leading organizations are expected to share insights on how best to leverage cloud technologies to drive transformational change.
Emphasizing the cloud angle, the press release even had the text ‘Oracle is the Cloud Company’ as the headline.