Oracle Cloud Infrastructure introduces OCI Dedicated Region
Oracle Cloud Infrastructure has introduced a new offering OCI Dedicated Region, requiring 60-75% less space and power, resulting in lower costs for customers. The new cloud solution for state governments and companies would address challenges with reference to technology on costs, data residency and security.
The new services will help customers meet strict latency, data residency, and data sovereignty requirements that are key to many IT modernization efforts, allowing Oracle to offer nearly 100 services to them within their premises, which were earlier available only to public cloud consumers.
It will offer public cloud services to customers on their premises, with accelerating public cloud adoption for enterprises that were so far unable to do so because of regulatory and other requirements. The Oracle solution will help companies bring down IT management costs as it would reduce capital expenditure.
Kapil Makhija, Vice-President, Technology-Cloud, Oracle India, said, “Our OCI Dedicated Region is a game-changer product for India – especially for companies that operate in regulated industries, including all public sector firms and governments – more so for India’s states. The public cloud is being given to our customers within their premises, they can keep their data within their firewall, entirely under their control, but they also have the flexibility which is available in public cloud data centres.”
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