

During today’s Oracle Cloud Launch, held at the Oracle Convention Center in Redwood Shores, California, the company will announce new Oracle Cloud Platform services. The expansion of its PaaS was a logical step, according to Carl Olofson, Oracle’s Research VP, Data Management Software, IDC.
“People with complex applications want a platform that will support what they do, and private Cloud is often complex and hard to manage,” he said.
theCUBE cohost John Furrier asked Olofson about Cloud Foundry, its Open PaaS arrangement and database support. “It makes sense to have a variety of choices,” he said. “Its ecosystem approach can work. Applications that are very session-oriented, such as gaming and retail, may use some combination of NoSQL and relational database.”
The new Cloud services could prove a “strategic win” for Oracle. From a business perspective, the challenge will come in moving to a subscription-based model, where payments come in smaller increments over time rather than in larger up-front sums.
“In general, Oracle has to accept more flatness to grow,” Olofson said. “However, this move to the Cloud could make Oracle attractive to smaller customers.”
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of Oracle Cloud Platform Launch.
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