In episode 48 of the Data Modernization Minute, Wayne Sadin examines Uber’s recent multi-cloud agreements with Oracle and Google Cloud.
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00:42 — Wayne recalls a venture capital firm once claiming that when a company reached a certain size, it would move from the cloud to its own data center. In those circumstances, using a data center would be less expensive and more effective than the cloud for this hypothetical larger company.
01:05 — Uber, a $30 billion company, recently announced a seven-year deal with Oracle and Google for a multi-cloud solution that will allow it to leave behind data centers, which makes Wayne question the venture capital’s firm assertion.
01:49 — Large companies that Wayne believes may be better off keeping their own data centers are those that sell technology services, like Netflix. Technology matters for Uber, but it is “not in the technology business.” For Uber, which deals with moving things, like food and people, not technology, the multi-cloud is “a reasonable solution.”
02:39 — Connecting clouds was a significant Oracle Cloud World theme last year. It is becoming easier for companies like Uber to engage multiple cloud providers because the cloud providers are taking steps like eliminating ingress and egress fees. CFOs and financial people like hearing that multi-cloud won’t cost “an arm and a leg.”
03:41 — Companies may follow Uber’s lead, questioning why they have data centers when they can “buy database and application products from one cloud, Oracle, and maybe expert system infrastructure and mapping capabilities from another company, Google.” They will see the multi-cloud strategy as getting “best of breed” which will benefit their business users and end-user customers.
04:20 — Wayne sees multi-cloud as the future and a choice that will empower many businesses.
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