Launched on March 31, Oracle Cloud Lift Services promises to address two critical pain points in cloud migration – cost and effort.
The Austin, Texas based IT and cloud computing organisation said the new service will help customers move to the cloud and will also provide technical tools as well as cloud engineering resources.
With this service, which is free for new and existing customers, Oracle aims to boost its cloud infrastructure business.
In an interview with TechCircle, Vinay Kumar, senior vice president, Oracle Cloud Infrastructure, spoke about the tools and resources that Oracle Cloud Lift Services will offer its clients. Additionally, Kumar also touched upon how enterprises can build a well-structured cloud strategy, choose which functions stay on-prem and tools for generic workloads.
“Customers take as much as six months to choose the right public cloud, and they perceive business risk when they try to move their most complicated workloads to the cloud,” Kumar told TechCircle.
Oracle, in its fiscal 2021 Q3 results ended February 28, said total quarterly revenue were up 3% year-over-year to $10.1 billion while cloud services and license support revenues were up 5% to $7.3 billion. The company has also been focusing on strengthening its cloud services with the launch of Oracle Database 21c with more than 200 new features available on the Oracle cloud.
Kumar also spoke about how companies with legacy systems, which are not compatible with cloud, can be transformed through an OCI emulated mode.