Showing posts with label BFSI. Show all posts
Showing posts with label BFSI. Show all posts

Tuesday, March 5, 2013

Oracle CloudWorld 2013

Oracle CloudWorld is coming to your city soon, here is the schedule


Sydney, AustraliaMarch 13Register Now
Mumbai, IndiaApril 2Register Now
New York City, United StatesApril 2Register Now
Singapore, SingaporeApril 4Register Now
Tokyo, JapanApril 9詳しくはこちら
Frankfurt, GermanyComing SoonNotify me when registration opens
London, EnglandComing SoonNotify me when registration opens
Mexico City, MexicoMay 7




http://www.oracle.com/events/global/en/cloudworld/register/index.html




I wonder if it is too late for Oracle to get into the cloud computing bandwagon ?
Oracle suffers from its database centered marketing, which is under threat with Big Data solutions.
Oracle has to play catch up on Big Data now though it still retains its grip on its citadels in the Banking and Financial Services & Insurance (BFSI) sector
Oracle has some of the best business applications in the world either their own or acquired, Oracle has  done a fair job of integrating the various acquisitions into a single platform. But its complacency on not willing  launch them as SAAS services has cost them dearly in getting their rightful place in the cloud computing world.
Even Oracle's foray into the operating system world with acquisition of SUN has been lukewarm, with SUN hardware and operating systems being bundled with Oracle database.
Oracle had the best database, business applications, operating systems, hardware environment and  a hands on leader who is one of the greatest Marketing Gurus in the IT world.
Finally Oracle has been a non-starter on the mobility and social media space, maybe because of the rigidity and culture of database creation which holds it back. It has not built any solutions in this space from its labs or by acquisition . Hence Oracle is weak in dominating  end point devices which play a significant role in Cloud Computing deployment.

Will Oracle give up its past laurels on focus on the cloud which is the "Future of Computing" or will it also start slipping like Microsoft in Cloud Computing?
Look forward to  Oracle's vision for Cloud Computing in the Oracle CloudWorld 2013!

Will love to hear your comments and thoughts on this blog post, thankyou.

Sunday, December 11, 2011

Compliance Chokes Cloud Adoption

Cloud Computing provides Agility, Economy, Speed and much more but it cannot be adopted with the Regulator's support.
Lack of guidance for compliance has choked Cloud Adoption and has made cloud adoption similar to  climbing a steep Rock with no guidance.
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Cloud Adoption is like Climbing a Steep Rock !
It is time for the Regulator to understand the Cloud Benefits, overcome its fears on Privacy and Security and provide guidelines for Adoption.
Let 2012 be the year when Regulators support cloud adoption by providing compliance guidelines and may business and the customer benefit by Cloud Adoption.
Are the Regulators Listening ?
Let  healthcare, banking, insurance, financial service and other regulated business benefit and server it customers better with the Regulators support and guidance for Compliance in the Cloud.

Saturday, August 6, 2011

Cloud Strategy begins with IT GRC

Cloud Strategy should start with identifying whether the Cloud meets the IT GRC (Governance Risk and Compliance) requirements of your Business.
Issues on Security of the Cloud are emerging from Business which have a complex IT GRC requirement like Healthcare and BFSI verticals who have been cautious in adopting the Cloud.

The Bridge to the Cloud is your Business's IT GRC posture.

The first step is to figure out the maturity of IT GRC in your Business and close the Gaps.
The next step is to apply your IT GRC requirement to a generic cloud architecture and see if it meets the IT GRC needs of your Business, there will be some areas which will need attention.
The final step is to identify a cloud service provider who meets your IT GRC requirements of your Business and if there are any Gaps work with the vendor in plugging them.
If at any step you find that the IT GRC does not meet your Business requirement you are better off not migrating to the cloud and it may be prudent for the Business to wait for more maturity in the Cloud Services.
This process of mapping your Business IT GRC to your Cloud Architecture  must be done as part of the the cloud strategy for the Business.
The Cloud Strategy is not about Agility and Economics it is about whether the Cloud meets your IT GRC requirements !