In this episode of the Cloud Wars Live podcast, I speak with the leader of Oracle’s vertical-industries business, executive vice-president Mike Sicilia. Oracle’s been creating industry-specific applications for more than 10 years and has aggressively converted them to cloud solutions, while also fusing some elements of its horizontal apps with its industry-specific solutions. Mike and I chat about some of Oracle’s vertical-industry customers, the need for new types of software that help businesses understand and drive value for their customers’ customers and how the industry-specific cloud apps interact with Oracle Cloud Infrastructure and its Autonomous Database.
The Industry Cloud Boom: Oracle
The Big Themes:
- Tens of thousands of people working in our vertical business: They have deep vertical knowledge and apply to some of our horizontal products, like ERP and CX.
- General contractors and subcontractors: 88% of users are small- to medium-sized businesses that make up the contractor/subcontractor community. It’s an easy and painless way to go to a pure click technology.
- We announced a partnership with Microsoft: For Oracle and Microsoft, we have exactly these types of scenarios, and we have interoperability among the cloud – both on the horizontal and vertical level.
- Self-healing, self-securing, self-patching: I think when you put those things together, the application is fully autonomous.
The Big Quote: “Our [industry] cloud business today is bigger than our traditional [industry] license business.”
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More from Cloud Wars Live:
Every vendor in the Cloud Wars Top 10 is racing to develop industry-specific solutions that will change how businesses operate, accelerate the pace of operations and innovation and enable those business to do things they could never do before.
The Industry Cloud Newsletter will explore the booming demand from business leaders for industry-specific cloud applications that work with but also transcend the traditional ERP, HCM and CRM/CX applications.
This episode is brought to you by BMC Software.