Formula Cloud: Customers Beef `bout Oracle, MSFT's AI Homage and AWS to Manage Blockchain

Oracle is too expensive! (says software support provider Rimini Street)
Oracle is too expensive! (says software support provider Rimini Street)
Spread the Word
Listed Under

Formula Cloud


New York City - New York - US

NEW YORK - May 3, 2019 - PRLog -- Spending on cloud computing infrastructure continues to maturate at a furious pace -- the global cloud infrastructure services market grew 42 percent year-on-year in the first quarter of 2019.

But watch out! Competition is only going to get tougher from here. "Many businesses have already finished moving easy-to-shift applications to the cloud, and are maturing their approach to cloud computing" say analyst at Canalys.

In a new episode of "Formula Cloud", we delve into customer gripes about Oracle, take a look at new Azure services and developer technologies, and take a peek at Amazon Managed Blockchain, a fully managed service that makes it easy to create and manage scalable blockchain networks.

Oracle is too expensive! That was basically the nutshell delivered in a user survey from Rimini Street, a third-party software support provider. These type of grumblings might mean Oracle customers are actively planning to reduce their spend with the vendor.

"Most licensee respondents are either not choosing to migrate to the cloud at all, or they are migrating but not choosing Oracle Cloud" showed they survey of 205 IT, finance and procurement professionals. The findings point to "widespread discontent at cost" along with a criticism of "aggressive" audits.

Check out a new episode of Formula Cloud on YouTube (

Alarmingly, over 50 percent of responders said they are currently reducing or planning to reduce spending on Oracle. "Oracle customers are seeing a disconnect between the realities of running IT environments day to day and the ever-increasing demands for their business teams to roll out game-changing innovation" added Rimini.

"While the executive team lays out priorities for fueling growth and improving competitive advantage, IT is all too often committed to a vendor technology stack and roadmap that ties up their people, funds and processes."

Oracle's proposed fix for these problems is to migrate customers to the Oracle Cloud. However, according to Rimini's research, most licensee respondents are either not choosing to migrate to the cloud at all, or they are migrating but not choosing Oracle Cloud. Reasons cited include cost, business disruption and lack of a business case.

The findings are intriguing: 70 percent are dissatisfied with the value they receive from Oracle software enhancements, but disrupting established ways of doing business clearly still look un-enticing.

In other news, Microsoft is fixated on building the most productive platform for developers, which means arming them with the latest computing trends including AI, mixed reality, IoT and blockchain.

"It's an incredible time to be a developer" said Scott Guthrie, company EVP. "From building AI and mixed reality into apps to leveraging blockchain for solving commercial business problems. Developer skillsets and impact are growing rapidly."

Specifically, Microsoft announced a new set of Azure AI technology aimed to help developers and data scientists apply AI to any solution.The company is launching a new Cognitive Services category, called "Decision," that delivers users a specific recommendation for more informed and efficient decision-making.

This category includes Content Moderator, the recently announced Anomaly Detector, and a new service called Personalizer, which uses reinforcement learning to provide users with a specific recommendation to enable quick and informed decision-making.

Microsoft is bringing AI to Azure Search with the general availability of the cognitive search capability, enabling customers to apply Cognitive Services algorithms to extract new insights from their structured and unstructured content.

In addition, the company previewing a new capability that enables developers to store AI insights gained from cognitive search, making it easier to create knowledge-rich experiences leveraging Power BI visualizations or machine learning models.

Meanwhile, for customers who want to allow multiple parties to execute transactions and maintain a cryptographically verifiable record of them without the need for a trusted, central authority can quickly setup a blockchain network with a few clicks

AWS has announced its Amazon Managed Blockchain, a fully managed service that makes it easy to create and manage scalable blockchain networks, is now available.

For customers in businesses like finance, logistics, retail, and energy that need to perform transactions quickly across multiple entities, blockchain gives them the ability to execute contracts and share data, with an immutable record of the transactions, but without the need for a trusted, central authority.

"Customers want to use blockchain but without the need for a centralized authority. However, they find these frameworks difficult to install, configure, and manage," said Rahul Pathak, GM at AWS. "Amazon Managed Blockchain takes care of provisioning nodes, setting up the network, managing certificates and security, and scaling the network."

Customers typically create blockchain networks using frameworks like Hyperledger Fabric and Ethereum, but setting up the networks using these frameworks is difficult and time consuming. Each member of a blockchain network has to provision hardware, install software, create and manage certificates for access control, and configure network settings.

As usage of a blockchain application grows, there is a lot of work involved in scaling the network, including monitoring resources across all nodes, adding or removing hardware, and managing the availability of the entire network.

Customers simply choose their preferred framework (Hyperledger Fabric is supported at launch with Ethereum support coming later this year), add network members, and configure the member nodes that process transaction requests. Amazon Managed Blockchain takes care of the rest, creating a blockchain network that can span multiple AWS accounts and configuring the software, security, and network settings.

"Formula Cloud" is produced by TVP, and sponsored by RestonLogic, cloud wizards leveraging over 10 years experience helping companies automate, transform and build highly-secure and stable systems. Click over to RestonLogic dot com to book a strategy session today.

Disclaimer: The blurbs highlighted on "Formula Cloud" are available for information purposes only, and don't necessarily reflect opinions of our editors.
Email:*** Email Verified
Tags:Formula Cloud
Location:New York City - New York - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Jun 22, 2019
Tech Rally Media PRs
Most Viewed
Top Monthly News

Like PRLog?
Click to Share