We're hearing about an interesting new 'rent-an-employee' service that Oracle may announce later this month
AP
The service was described to us by a person inside Oracle as a blend between old-school outsourcing and new-fangled cloud computing, which we're going to dub "service as a service."
The idea, as we understand it, is that Oracle will let customers rent the IT staff they'll need need for the duration of their cloud contract. This could be staff like database administrators, business analysts and the like.
So with an Oracle cloud, companies wouldn't need their own IT department at all.
That's no small thing. Demand for people well versed in Oracle's database and applications is always high. For instance, Dice currently lists over 12,500 jobs for IT people trained on Oracle products.
Oracle already has a consulting business, and it sends people to customer sites all the time to work on projects. But these consultants would be there for for a specific job and would leave when it's over. Oracle doesn't have a bigger, long-term outsourcing business.
AP
Whether this service-as-a-service thing is really a great new idea or not we can't say yet. We couldn't verify the details of it, nor if it will actually be launched at OpenWorld.
Only one person we talked to knew about it. The other sources we talked to did not.
From what we did hear, it could be a unique way for Oracle to grab business away from the 800-pound cloud computing gorilla, Amazon, or keep customers from defecting to rivals Salesforce or Workday.
And Amazon is starting to ramp up its efforts to offer cloud consulting to big enterprise customers. For instance, huge IT consultant Accenture just launched a dedicated AWS Business Group last week.
We reached out to Oracle for comment and will update when we hear back.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
- Nothing Phone (2a) India-exclusive Blue Edition launched starting at ₹19,999
- SC refuses to plea seeking postponement of CA exams scheduled in May
- 10 exciting weekend getaways from Delhi within 300 km in 2024
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market