Firms in Brazil Turn to Oracle for Security, Service, Speed
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Insights
The expansion of Oracle Cloud Infrastructure (OCI) adoption in Brazil signifies a noteworthy trend in the technology sector, particularly within the realm of cloud services. A surge in demand for Oracle's cloud solutions can be attributed to the enterprise's search for reliable and secure digital infrastructure, a critical component in today's fast-paced technological evolution. This demand growth is not solely driven by competitive pricing but also by Oracle's reputation for data security and high service standards.
From a market perspective, the increased reliance on local Oracle partners for consulting services indicates a specialization trend within the market. These partners are becoming integral to the implementation and optimization of Oracle solutions, which could lead to a more localized and customized approach in service delivery. The emphasis on local expertise, especially in navigating Brazil's unique regulatory and compliance landscape, suggests that local providers could enjoy a competitive advantage over global players who may lack nuanced understanding of the domestic market.
Furthermore, the report's mention of industry-specific solutions, such as those for health and agribusiness, highlights Oracle's strategic focus on vertical integration. This approach can potentially open up new revenue streams for Oracle and its partners by offering tailored solutions that meet the intricate needs of these sectors. The alignment with market trends such as the energy crisis and sustainability also indicates that Oracle is positioning its cloud offerings not just as a service, but as a means to address broader societal challenges, potentially widening its market appeal.
The recognition of certain companies as 'Leaders' and 'Rising Stars' within the ISG Provider Lens™ report has direct implications for investors and stakeholders in the cloud technology sector. Firms like Accenture, Deloitte and Wipro, being named as Leaders across all evaluated quadrants, may see an enhanced market perception, which could positively influence their stock value and attract potential investors. Their positioning suggests a strong capability to deliver across a spectrum of services, from consulting to managed services, which is indicative of a robust business model in the cloud domain.
Similarly, the designation of 'Rising Stars' like Dedalus, EBS-IT and TIVIT points to these companies as having significant growth potential. For investors, these distinctions can serve as a benchmark for identifying growth opportunities within the cloud services market in Brazil. The impact on the stock market may not be immediate, but the long-term potential for these companies to gain market share and increase their valuation is an important consideration for investment strategies.
It is also noteworthy that the report may influence procurement decisions of Brazilian enterprises, potentially leading to increased market share and revenue for the named leaders and rising stars. This could have a positive impact on their financial performance, which is a key metric for investors.
The emphasis on the importance of understanding local regulatory and compliance issues in the ISG report underscores the complex legal landscape that cloud service providers must navigate in Brazil. For stakeholders, this highlights the necessity of having in-house or partnered legal expertise that is well-versed in Brazilian law, which can be a differentiator in the market. The ability to offer agile and customized solutions that adhere to local regulations is not just a value proposition for clients but also a risk mitigation strategy for the service providers.
Companies that excel in managing these legal aspects may find themselves at a competitive advantage, as failure to comply with local laws can result in significant penalties, legal disputes and reputational damage. For investors, the legal acumen of these providers is a critical factor in assessing the risk profile of their investments. A company's proficiency in handling these legal challenges can be indicative of its overall operational excellence and governance standards, which are important metrics for evaluating a company's investment worthiness.
Local Oracle partners often excel in the complex task of navigating challenges unique to
SÃO PAULO--(BUSINESS WIRE)-- More Brazilian enterprises are looking to the Oracle ecosystem for a robust, secure cloud infrastructure to keep up with rapidly changing technology, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for
“As more companies turn to OCI, the demand for consulting services is increasing,” said Bill Huber, ISG partner, digital platforms and solutions. “Oracle consulting services enable companies to identify opportunities for automating and integrating their processes.”
Managing Oracle services is a complex task that requires experience and attention to relevant aspects of the environment, such as capacity and scalability planning, performance, security, backup and recovery, monitoring and alerts, patch and update management, compliance, cost control, incident and problem management, and staff training and development, among others, the ISG report says. Specialized cloud partners are deepening their knowledge of OCI, the report says, engaging customers from the outset by providing migration consulting services.
Oracle’s approach has been to develop solutions for specific industries, such as health and agribusiness, through co-creation partnerships with providers and the practical application of GenAI with data analysis tools, the ISG report says. The Oracle partner ecosystem is committed to the current strategy and, considering the breadth of the Oracle Cloud Stack, is adopting specific actions to align and sometimes reposition itself to serve and support customers better, the report says.
In the Brazilian context, where regulatory and compliance challenges can be significant, local providers have stood out due to their familiarity with local scenarios and their understanding of the country’s business processes and culture, the ISG report says. This expertise allows them to offer agile and customized solutions, meeting the specific needs of Brazilian clients, ISG says.
“This is a case where Brazilian enterprises may want to consider going local,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “The experience that local suppliers have with local processes and culture often makes it easier for them to deliver.”
The report also examines how market trends, such as the energy crisis and sustainability, are fueling the consumption of cloud solutions and applications.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for
The report names Accenture, Deloitte, Ninecon, V8.Tech and Wipro as Leaders in all three quadrants, while KPMG and Lanlink are named as Leaders in two quadrants each. G&P, IBM, Kyndryl and TRI are named as Leaders in one quadrant each.
In addition, Dedalus, EBS-IT and TIVIT are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.
Customized versions of the report are available from Dedalus, G&P, JBQ.Global and Ninecon.
The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240131176208/en/
Will Thoretz, ISG
+1 203 517 3119
will.thoretz@isg-one.com
Thábata Mondoni, Mondoni Press for ISG
Mobile: +55 11 98671 5652
thabata@mondonipress.com.br
Source: Information Services Group, Inc.
FAQ
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