For years people like me have carped that not only is the public cloud a small slice of IT spending, but the big public clouds are also much more likely to attract startups or other digital natives as customers instead of conventional enterprises.
That begs an important question: What then exactly is the “enterprise cloud”? Recently I interviewed Bob Weiler, executive vice president of global business units at Oracle, to drill into that topic. As head of Oracle Industries, it’s his job to marshal Oracle’s full portfolio of technologies to serve seven key verticals — and Oracle’s cloud is a big part of that push.
When Oracle says “cloud,” one of the first things to remember is that most of the company’s cloud revenue comes from SaaS, despite Larry Ellison’s big talk about going head-to-head against AWS in full-on IaaS combat. SaaS makes particular sense in serving vertical industries. Through acquisition and internal development, Oracle has acquired the expertise to serve, say, the utilities or pharmaceutical or financial services industries through vertical SaaS applications.