Seeking to tap the government sector and regulated industries, US-based technology major Oracle on Tuesday introduced ‘OCI Dedicated Zones’ for the Indian market, which allows customers to meet the strict latency and data-sovereignty requirements in the public cloud. able to take advantage of.
“We have seen an increase in cloud adoption in the last two to three years since the pandemic…data residency and data security,” Kapil Makhija, vice president-technology cloud, Oracle India, said.
He added that with the ‘OCI Dedicated Area’ the company can now provide cloud services at customers’ doorsteps instead of Oracle’s public cloud data centers. “This will give customers the flexibility of the cloud and that too within their premises. It ensures compliance with data security requirements for customers across all these sectors like data residency, banking… work in regulated industries including governments – and much more to the states of India,” Mr. Makhija said.
Digitization in the government sector has seen a sharp increase in the last one year as compared to the last 3 years, he said, adding that the company already has a play in almost all the states and union territories of the country in some form or the other – either In the form of database or platform software deployment or even cloud deployment.
“Our public sector business is a very important contributor to our overall business. It continues to contribute the majority of revenue to our total revenue in the country. And, what is more promising is that we are seeing a lot of acceptance among governments and public sector companies – state and central – in embracing the cloud,” he said.
He further added that over the years, the company has been able to successfully run proof-of-concept to demonstrate the power of the cloud for various government specific applications across various departments.
“Many governments in India already run a lot of Oracle solutions, such as, departments like Commercial Taxes, Electricity (Meter Data Management), Social Justice (Adalats), Urban Local Bodies, Health, Locomotive Works and much more. Therefore, this transition to the cloud will not only help them dramatically improve their Oracle software efficiencies, but also help them reduce their operating costs and manage their otherwise human-intensive technical maintenance time more smartly. will help,” he said.