ItsNaga: March 2024

EcoInnovators Hackathon Conducted by Mobile Application Development Club

Business March 31, 2024

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Unveiling New Horizons: My Journey with 'Hands-On Essentials: Data Warehousing Workshop' Certification

Certification March 24, 2024

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Research Paper: Evolution and Advantages of Oracle Cloud Infrastructure

Oracle March 04, 2024

Oracle Cloud Infrastructure more typically known as OCI is the rising cloud platform used by thousands, from enterprises to individual enthusiasts. Oracle Cloud has been around for some time now, OCI Generation One (Oracle Cloud Classic) was released in 2016, and many flaws were fixed by Oracle when they released OCI Gen Two (Oracle Bare Metal Cloud) in 2018. Why has Oracle Cloud Infrastructure become so well-known in the modern world? The explanation is found in its double qualities of being affordable and performing exceptionally well in a variety of applications. Subaru Automobiles has moved to OCI stating, “We chose OCI because it allowed us to reduce operational costs dramatically. And, making greater use of OCI will streamline our planning and development, increase our ability to flexibly handle new technologies, and allow us to create vehicles that guarantee safety in any situation”(Why Customers are Choosing OCI). That's just one organization, what about other businesses, why should they move to OCI? This cloud computing technology is revolutionizing the IT Industry, its evolution and benefits are reshaping how organizations operate and innovate.

Once released a second time in 2018, OCI Gen Two has enhanced security, new hardware, and higher performance making it more desirable than OCI Gen One. Not only that, OCI gen two introduced its Bare Metal Cloud where OCI compute bare metal instances provide dedicated physical servers for high-performance applications, from Oracle, “scaling up to 192 cores (the largest in the industry), 2.3 TB of RAM, and up to 1 PB of block storage”(Compute Bare Metal Instances), resulting in much faster and more powerful computing capabilities than standard cloud services or on-premises data centers. Oracle Cloud Infrastructure now offers the newest generation offers VMs(Virtual Machines), which allows for a more versatile and cost-effective approach to running various workloads by leveraging virtualization technology. Oracle Cloud's evolution has been characterized by an ongoing dedication to innovation and growth as it works to satisfy its clients’ demands and compete in the fast-paced, fiercely competitive cloud computing market.

Generation Two of Oracle Cloud Infrastructure offers many benefits. OCI’s adoption of enhanced performance, better cost optimization, protection, and user-friendly REST APIs has caught consumer attention, sparking the increased use of OCI. With cutting-edge features including fast SSD drives, smooth network operations, and high performance, users can enjoy better performance across a range of applications. With better cost optimization, enterprises can obtain a solution that fits their budget and still be able to deliver the highest possible ROI(which is a financial scorecard for your investments). Medium states that OCI affordability isn’t hindered by region but, “Enterprises belonging to otherwise pricy regions like UK and US are also saving operational expenses with OCI”(Oracle Cloud Infrastructure: An Overview of the Platform and How It Benefits Your Enterprise). Better cost optimization allows many enterprises to afford this technology but worry about its protection against security threats. The cloud computing environment is made secure and resilient by employing best-in-class security features, a zero-trust architecture, ongoing data governance, access control, and user identity management. As a result, OCI's robust REST APIs, which are interfaces for communicating with cloud services, are supported by standard software development kits and Terraform automation. These REST APIs make application creation and management easier, which helps OCI acquire popularity with customers.

As you’ve now understood the popularity of Oracle Cloud, you might wonder, OCI is a valuable cloud computing platform that helps achieve an enterprise's needs now, but what about the ever-changing future? When we encounter more critical security threats or changing demands OCI continues to make new services, updates, and integrate with “emerging technologies such as AI, machine learning, blockchain, and IoT”, keeping up with technological advancements( Understanding the Importance of Oracle Cloud Infrastructure). Now not only has Oracle landed customers such as Zoom and 8x8, but they’ve also landed Bank of America. The Co-CEO of Oracle until 2019, Mark Hurd stated, “Oracle will deliver Bank of America the most modern, complete, global ERP applications in the world”(Oracle picks up part of BofA as a new customer for its financial planning software), a heavily regulated industry like finance needs utmost security in place which just shows how beneficial OCI is. Most companies are going with Oracle Cloud because heavily regulated industries like Bank of America are unable to move their data to the public cloud. Oracle has designed the “Oracle Dedicated Region Cloud@Customer, which essentially enables customers to replace on-premises data centers with a cloud deployment model”(Oracle Cloud Infrastructure Is Growing Up And Gaining Customers).

In conclusion, Oracle Cloud Infrastructure is a crucial force in the ever-changing world of cloud computing. The transition from OCI Generation One to the improved Generation Two demonstrates Oracle's commitment to improving its cloud solutions. Generation Two delivers higher performance, cost efficiency, and robust security features, with user-friendly REST APIs improving its appeal. Organizations that prioritize operational efficiency tend to favor OCI due to its worldwide accessibility and price, which are not influenced by regional limitations. As articulated by Nomura Research Institute (NRI), Ltd., a major Japanese consulting and IT solutions provider, "With Oracle Dedicated Region Cloud@Customer, on-premises costs were significantly reduced, allowing us to invest more in digital transformation projects"(Oracle Cloud Infrastructure Is Growing Up And Gaining Customers). This recognition highlights OCI's significant influence on operational effectiveness and financial optimization. OCI anticipates and addresses changing organizational needs with a relentless dedication to security, adherence to industry standards, and continuous integration of emerging technologies, reinforcing its position as an innovative force in cloud computing.

References

Dash, Saroj. “Evolution of Oracle Cloud Infrastructure (OCI)”. LinkedIn, 2018, https://www.linkedin.com/pulse/evolution-oracle-cloud-infrastructure-oci-saroj-dash
McGee Chantel, “Oracle picks up part of BofA as a new customer for its financial planning software”. CNBC, 2017
https://www.cnbc.com/2017/06/26/oracle-lands-bofa-as-erp-customer.html
Moorhead Patrick, “Oracle Cloud Infrastructure Is Growing Up And Gaining Customers”. Forbes, 2021,
https://www.forbes.com/sites/patrickmoorhead/2021/01/04/oracle-cloud-infrastructure-is-growing-up-and-gaining-customers/?sh=3b92f3437beb
Oracle, “Compute Bare Metal Instances”. Oracle,
https://www.oracle.com/cloud/compute/bare-metal/
Oracle, “Why Customers are Choosing OCI”. Oracle,
https://www.oracle.com/au/cloud/why-oci/#:~:text=Customers%20choose%20OCI%20for%20performance%20and%20cost%20advantages&text=Moving%20to%20OCI%20eliminated%20on,perform%20HPC%20calculations%20on%20demand.
Stridely Solutions, “Oracle Cloud Infrastructure: An Overview of the Platform and How It Benefits Your Enterprise”, Medium, 2022, https://stridelysolutions.medium.com/oracle-cloud-infrastructure-an-overview-of-the-pla
form-and-how-it-benefits-your-enterprise-154140b6bd42

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EcoInnovators Hackathon Conducted by Mobile Application Development Club

Unveiling New Horizons: My Journey with 'Hands-On Essentials: Data Warehousing Workshop' Certification

Research Paper: Evolution and Advantages of Oracle Cloud Infrastructure

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