The vast amount of data in today’s enterprises provides a great opportunity to get valuable insights that enhance an organization’s products, goods and services. At the same time, many companies are migrating to the cloud to take advantage of its flexibility, efficiency and scale.
With the recent advances in generative AI, businesses face new urgency to bring cloud services like analytics and machine learning to one of their most valuable technology environments: data. According to Gartner, the database market grew 14.4% this year and is on course to be a more than $100 billion market by the end of 2023. The overwhelming contributor to that growth is cloud database as a service.
For customers moving their critical data environments from within the walls of their business to the cloud, one key consideration is the ability to seamlessly connect data sources to new and massive scale cloud services like Azure OpenAI and Azure Kubernetes Service. That’s why we are expanding our partnership with Oracle, enabling Oracle’s 430,000 customers[i] to apply the unique services of the Microsoft cloud to Oracle’s mission-critical databases. With this new offering, Azure is the only cloud provider other than Oracle Cloud Infrastructure to host Oracle services, including Oracle Exadata Database Service and Oracle Autonomous Database on Oracle Cloud Infrastructure in Azure datacenters.
Our deep partnership with Oracle continues to focus on reducing the common hurdles customers face when migrating workloads to the public cloud. Oracle Database@Azure is our new offering to bring Oracle Database services inside Azure. With the ability for customers to migrate Oracle databases “as is” to OCI and deploy them in Azure alongside their current workloads in the Microsoft Cloud, organizations can create new solutions and further competitive differentiation.