{"id":24394,"date":"2022-06-23T08:13:00","date_gmt":"2022-06-23T12:13:00","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=24394"},"modified":"2022-06-24T10:41:16","modified_gmt":"2022-06-24T14:41:16","slug":"oracle-slashes-oci-dedicated-region-price-to-widen-user-base","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/oracle-slashes-oci-dedicated-region-price-to-widen-user-base\/","title":{"rendered":"Oracle Slashes OCI Dedicated Region Price To Widen User Base"},"content":{"rendered":"<p data-ar-index=\"0\"><span style=\"font-weight: 400;\">In order to attract a broader range of users, Oracle is slashing the entry price for its Oracle Cloud Infrastructure (OCI) Dedicated Region.\u00a0<\/span><\/p>\n<p data-ar-index=\"2\"><span style=\"font-weight: 400;\">OCI Dedicated region, which began as a service to allow enterprises to take advantage of cloud technology inside their data centers while complying with data residency and other regulatory guidelines, provides a slew of public cloud services together with Oracle Fusion SaaS applications.\u00a0<\/span><\/p>\n<p data-ar-index=\"4\"><span style=\"font-weight: 400;\">The provided discount will allow enterprises to sell for an entry price of $1 million a year, Oracle said, saying that the new dedicated region requires 60%-75% less data center space and power on average. To date, the service needed a minimum funding of $6 million in annual consumption for a three-year period.<\/span><\/p>\n<p data-ar-index=\"6\"><span style=\"font-weight: 400;\">Oracle said that the demand for cloud infrastructure and the rise in sales of SaaS services boosted revenue to $11.8 billion. The price reduction is therefore aimed to ensure that the expansion in revenue is sustainable.<\/span><\/p>\n<p data-ar-index=\"8\"><span style=\"font-weight: 400;\">Oracle, with 38 OCI Dedicated regions globally, also has a distributed cloud strategy with the service, as well as the option of extending it on hybrid architectures via Roving Edge Infrastructure.<\/span><\/p>\n<p data-ar-index=\"10\"><span style=\"font-weight: 400;\">Roving Edge Infrastructure consists of local edge devices containing scalable server nodes that are designed to enable Oracle\u2019s cloud services and applications to connect to enterprises.<\/span><\/p>\n<p data-ar-index=\"12\"><span style=\"font-weight: 400;\">Finally, Oracle also launched a new OCI Compute Cloud@Customer service in preview. This service is a rack-scale system intended for smaller environments than OCI Dedicated Region and will allow firms to run applications on OCI-compatible compute, storage, and networking in their data centers.<\/span><\/p>\n<p data-ar-index=\"13\">\n<p data-ar-index=\"14\"><span style=\"font-weight: 400;\">For more information, read the <a href=\"https:\/\/www.cio.com\/article\/401641\/oracle-cuts-price-of-oci-dedicated-region-to-expand-user-base.html\" target=\"_blank\" rel=\"noopener\">original story<\/a> in CIO. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to attract a broader range of users, Oracle is slashing the entry price for its Oracle Cloud Infrastructure (OCI) Dedicated Region.\u00a0 OCI Dedicated region, which began as a service to allow enterprises to take advantage of cloud technology inside their data centers while complying with data residency and other regulatory guidelines, provides a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,349,378,25],"tags":[],"class_list":["post-24394","post","type-post","status-publish","format-standard","hentry","category-cloud","category-development","category-digital-transformation","category-marketing"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/24394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=24394"}],"version-history":[{"count":1,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/24394\/revisions"}],"predecessor-version":[{"id":24402,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/24394\/revisions\/24402"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=24394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=24394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=24394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}