Oracle Launches Multicloud Universal Credits Program

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Oracle Launches Multicloud Universal Credits Program

Oracle has launched a new initiative called Oracle Multicloud Universal Credits. This program simplifies the procurement of Oracle services across various cloud platforms. Customers can now acquire Oracle AI Database and Oracle Cloud Infrastructure (OCI) services quickly and efficiently, regardless of their preferred cloud provider.

Key Features of Oracle Multicloud Universal Credits

  • Single Consumption Model: This model streamlines administration, allowing for easy governance when using Oracle databases across multiple clouds.
  • Expanded Regional Access: Customers can deploy Oracle AI Database workloads across any region available in AWS, Google Cloud, Azure, or OCI.
  • Workload Portability: Users can transfer Oracle AI Database workloads seamlessly, ensuring a consistent database experience across cloud environments.

Industry Impact and Expert Insights

According to Dave McCarthy, a research vice president at IDC, procurement challenges often hinder innovation. He emphasizes that Oracle’s technical advancements already integrate multicloud offerings with major platforms like AWS, Google Cloud, and Microsoft Azure. The introduction of Multicloud Universal Credits further simplifies contracting and governance, potentially accelerating the adoption of Oracle services.

Karan Batta, Oracle’s Senior Vice President of Cloud Infrastructure, stated that the new credits enable customers to modernize applications and aim for more efficient cloud migrations. With various regions already active across multiple cloud platforms, this initiative enhances customer flexibility by simplifying contracts and providing an innovative cross-cloud consumption model.

Early Access and Future Opportunities

Customers interested in Oracle Multicloud Universal Credits can request early access. This program represents a significant step forward in Oracle’s commitment to enhancing multicloud service offerings and responding to customer needs.