siliconindia | | OCTOBER 20228Technology giant Oracle Corporation has witnessed strong growth in the cloud business in India which is driven by digital innovation in the fields of banking, financial services and insurance (BFSI) sector, public sector initiatives, and small and medium business (SMBs). The public sector initiatives are showing excellence in the sectors of health, education, and in terms of creating the open network for digital commerce (ONDC), and SMBs. These sectors have witnessed very rapid growth.In the world, Oracle's cloud business has grown 22 percent in constant currency to $2.9 billion in the fiscal fourth quarter. It is comparable to the total quarterly revenue growth of 10 percent per year in constant currency to $11.8 billion. The total revenue in the fiscal year 2022 rose by seven percent in constant currency to $42.4 billion. Oracle revenue that ended in the quarter August 31st, 2022 was recorded at $11.445 billion, which is an increase year-over-year.Oracle partner ecosystem is a prime suggestion for customers' success. The differentiated services combined with Oracle's technology help in enabling the customers to achieve very inclusive goals.The major partner initiative is aimed at building long-term partnership with Global Software Integrators and regional Software Integrators for driving strategic and innovative customer solutions that leverages the entire Oracle portfolio that is especially focused in cloud technology. The partner community started with technology expertize and opportunities. The expertise that helps the partners of the Oracle technology are Oracle Cloud Infrastructure (OCI) and Software as a Service (SaaS). The sectors getting benefitted from the services are banking, financial services and insurance (BFSI); manufacturing; professional services (Information Technology/Information Technology Enabled Services).TECHNOLOGY APPLICATIONS Technology applications that are in alignment with client requisites include Financials, Revenue Management, Supply Chain, HCM, PLM, EPM, BI, and PAAS both in Oracle Cloud and On-Premise environments. According to experts, there are real-world supply chain implementations stories, Oracle Cloud Integration lessons, and PLM IN FOCUSONE WITH ORACLE - THE BLOOMING PARTNER COMMUNITY
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