Per-Hour Billing for Oracle Database and Oracle Fusion Middleware on Verizon Cloud

verizon-enterprise-cloud-hostingVerizon Enterprise Solutions and Oracle have announced they will enable customers to use Oracle Database and Oracle Fusion Middleware on Verizon’s cloud hosting infrastructure, including the new Verizon Cloud, and pay for access on an hourly basis.

Customers can bring their own Oracle licenses to the Verizon cloud hosting platform or purchase Verizon cloud services, which already include Oracle licenses. Also current Verizon eCloud and Managed Hosting clients will be able to use Oracle software on a per-hour cost basis and leverage existing Oracle licenses.

Leveraging existing cloud assets

The offering would be critical for Global 1,000 companies in industries like financial services, retail and energy as they migrate from on-premises solutions to hybrid or cloud hosting-based environments. With Oracle Database and Oracle Fusion Middleware on Verizon Cloud, customers can leverage existing assets, gain efficiencies in the cloud and pay for only what they need on an hourly basis rather than having to purchase perpetual licenses.

“This deal represents two market leaders coming together to create a compelling cloud offering that will help enterprises succeed in a highly competitive market environment,” said Oracle President Mark Hurd. “Combining Verizon’s unique enterprise experience and capabilities with Oracle’s best-in-class cloud products will provide customers another easy and cost-effective choice for embracing the cloud.”

Verizon Cloud, in beta

Verizon Cloud, announced in October 2013 and currently in beta, provides clients with performance, flexibility and control in their cloud environment. This agreement with Oracle would demonstrate Verizon’s commitment to building an ecosystem of enterprise-grade technologies, delivered as Software-as-a-Service (SaaS) solutions on top of Verizon Cloud.

A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300. Headquartered in New York, the company delivers its services in more than 150 countries. In December 2013, Verizon announced a definitive agreement under which it will acquire EdgeCast, provider of global content delivery network (CDN) services.