Larry Ellison Announces New Cloud Programs to Transform how Customers Buy and Consume Cloud

At a live event yesterday, Oracle Executive Chairman of the Board and CTO Larry Ellison has announced new cloud programs that would address customers’ cloud adoption challenges by improving and simplifying the way they purchase and consume cloud services.

“We are completely transforming the way all companies buy and use cloud by providing flexibility and choice,” said Larry Ellison. “Today, we combined the lowest prices with the highest performance and more automation to deliver a lower total cost of ownership for our customers.”

Bring Your Own License

larry ellison oracle openworld 2015
“We are completely transforming the way all companies buy and use cloud by providing flexibility and choice,” said Larry Ellison.

Currently, customers are able to bring their on-premises licenses to Oracle IaaS. Now, Oracle is expanding the offering by enabling customers to reuse their existing software licenses for Oracle PaaS, including Oracle Database, Oracle Middleware, Oracle Analytics, and others. Oracle customers with existing on-premises licenses can leverage that investment to use Oracle Database Cloud “at a fraction of the old PaaS price.”

Running Oracle Database on Oracle IaaS would be quite fast and offer quite some features.  Additionally, Oracle customers would be enabled to further reduce management and operational costs required for on-premises maintenance by taking advantage of this PaaS automation.

Universal Credits

With Universal Credits, Oracle customers get one “simple” contract that provides unlimited access to all current and future Oracle PaaS and IaaS services, spanning Oracle Cloud and Oracle Cloud at Customer. Customers would gain on-demand access to all services plus the benefit of the lower cost of pre-paid services. Additionally, they have the flexibility to upgrade, expand or move services across data centers based on their requirements.

With Universal Credits, customers gain the ability to switch the PaaS or IaaS services they are using without having to notify Oracle. Customers would also benefit from using new services with their existing set of cloud credits when made available.

Oracle’s new Universal Credit and Bring Your Own License to PaaS will be available on September 25, 2017. These programs span Oracle Cloud and Oracle Cloud at Customer.

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe, and Asia.

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