We sat down with Leo Leung, Director of Product Management, Oracle Cloud Infrastructure to explore his insights into the year that was. Accelerated cloud market growth and new technologies have shaped the company’s focus in 2017. Leo discusses what’s to come for Oracle Cloud in 2018.
What has been the main focus for Oracle Cloud in 2017?
It’s been an exceptional year for our customers and partners. We’ve focussed on empowering our customers with greater access and performance across the Oracle Cloud platform. Rolling out enhanced regions which incorporate a new infrastructure architecture has played a big part in this. We’ve built into locations such as Ashburn, Virginia and Frankfurt, Germany, furthering our goals in global expansion and delivering increased availability and redundancy.
We know enterprises require consistent high-performance for sensitive, mission-critical workloads, so we announced the general availability of brand new cloud infrastructure services like bare metal compute, giving customers greater control and resilience over their data. Our drive for consistency and powerful performance for organisations is where the Oracle Cloud and Megaport values align and our solutions complement one another.
What have been the company’s most significant achievements in the cloud space this year?
We’ve enhanced our infrastructure both to support traditional workloads and advance new services and development. On one hand, we have continued to push robust services that are geared towards existing workloads such as the Exadata Database Cloud Service. On the other hand, we’ve released new services for innovation such as our GPU instances and our Container Native Application Development Platform. While some Cloud Service Providers (CSPs) are focussed on new technologies, others tend towards traditional options. We want to provide the best infrastructure for both; reinforcing this position in the cloud market has been a significant achievement, this year.
Where have you seen your biggest market growth in 2017?
We’ve experienced growth within many industries, and most prominently, across small to mid-sized companies. It’s great to see this coverage and experience a shift from the idea that we only cater to large organisations. As the demand for High Performance Computing (HPC) and Artificial Intelligence (AI) escalates, an increasing number of startups are leveraging our capacity for new technology applications. Our high-performance, modern infrastructure and competitive pricing are attracting enterprises that are driving innovation while looking towards the future.
How is the company innovating to give customers a competitive advantage?
We’re delivering high-performance, innovative services with achievable pricing. Our block storage, for example, has a brand new–NVMe SSD based–architecture. This new architecture has allowed us to provide predictable storage performance at no additional cost to customers, which, in turn, enables them to build flexible and high-powered applications. This can translate into savings of as much as 98% on a resource that every application requires. We continue striving to find areas of differentiation in Infrastructure as a Service (IaaS) that enterprises need most and enhance these services, giving customers a competitive advantage.
What does Oracle Cloud hope to achieve for its customers with continued expansion into new regions?
We’ve reached an important point in cloud adoption. Cloud infrastructure has been available for over ten years but we’re only just seeing a major breakthrough in the mainstream market and production applications. With the current acceleration in enterprise cloud, the market is primed for movement in infrastructure. The more locations we move into, the more people can adopt services within region and multi-regionally and Megaport enhances the ability for customers to directly access Oracle Cloud in multiple locations. With this demand, there is a substantial opportunity, moving forward; we’re just getting started.
What do you foresee as the upcoming industry trends for cloud next year?
We predict an increase in cloud adoption both for more critical enterprise applications as well as new technologies. There is a comfort level in the cloud that didn’t exist a year ago. Considering this, enterprises are increasing their trust in cloud environments for critical workloads, and are building on existing strategies, tailoring their cloud, and innovating more than ever. CSPs are complementing this movement in their services and capabilities.
Hybrid cloud is accelerating – a majority of enterprises are running applications in the cloud and on premises. Multicloud will also continue to grow and enterprises will become more workload specific in their cloud choice. With this, CSPs may become increasingly more differentiated in terms of scale and specialisation and customers will look for technologies to help them manage workloads across multiple clouds. For enterprises leveraging both hybrid and multicloud, direct connectivity will remain crucial for this purpose in its enablement of large amounts of data movement and reliable, dedicated deployments to cloud environments.
What is the company’s focus for 2018?
Our focus will be primarily on meeting the market trends. We’ll be launching some new services at an extremely high scale to support enterprise cloud strategies. We’ve taken a major first step in our multicloud strategy in choosing Terraform as our orchestration of choice; you’ll see more big moves like this as we pick technologies that are open/de-facto standard to customers using multiple clouds. Our expansion will continue into new regions with direct connectivity leading the way for greater accessibility. We’ll solidify our position as a powerful CSP for managing both traditional and existing applications as well as new applications as we focus on providing infrastructure where enterprises can run all of their diverse workloads.
Leo Leung is Director of Product Management, Oracle Cloud Infrastructure. You can find him on Twitter and Linkedin. For more information on Oracle Cloud connectivity with Megaport, click here or complete the form below: