Oracle Becoming Major Cloud Player in Europe
By expanding its regional presence throughout
The 2024 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for
Oracle’s expansion allows businesses in
“European businesses are seeking new and more differentiated solutions, including AI, to ensure compliance with data protection and localization laws, reduce operational expenses and reallocate resources for transformation initiatives,” said Anthony Drake, ISG partner in
Service providers are pivotal in this process by delivering customized solutions, ensuring compliance and promoting innovation, the report says. They are helping companies transition from legacy systems to modern, scalable cloud infrastructures, including hybrid and multicloud environments, to optimize performance.
Providers are also integrating AI and ML into Oracle solutions, enabling enterprises to extract actionable insights from their data, automate operations and improve decision-making. They also support sustainability efforts by offering energy-efficient platforms that comply with EU green regulations.
Service providers are differentiating themselves with tailored strategies and solutions for business sectors such as finance, healthcare and manufacturing. For its part, Oracle is developing bespoke cloud solutions for industries such as healthcare, financial services and the public sector.
Oracle’s expansion is creating significant demand for professionals with cloud, database and application development expertise. Service providers are proactively addressing this need by investing in training and certification programs that enhance workforce capabilities, the report says.
“Oracle is clearly staying ahead of the curve by expanding its footprint, offering new capabilities and aligning its services with new EU regulations,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Oracle’s renewed focus on data sovereignty, transparency and tailored solutions positions it as a pivotal enabler of digital transformation in Europe.”
The report also explores other trends, including the heightened prioritization of risk management and advanced cybersecurity measures in the wake of escalating threats to European enterprises. Effective risk management strategies have become critical to ensuring business continuity, especially for businesses for which the cost of data breaches could be substantial.
For more insights into Oracle cloud challenges faced by
The 2024 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for
The report names Accenture, Capgemini, Cognizant, HCLTech, Infosys, LTIMindtree, TCS, Version1 and Wipro as Leaders in four quadrants each. Deloitte, Fujitsu, PwC and Tech Mahindra are named Leaders in three quadrants each.
In addition, DSP is named a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in all four quadrants. Kyndryl is named a Rising Star in one quadrant.
A customized version of the report is available from Version1.
The 2024 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
About ISG
ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.
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Source: Information Services Group, Inc.