Verizon Enterprise Solutions and Oracle said they will allow customers to use Oracle Database and Oracle Fusion Middleware on Verizon's cloud infrastructure, including the new Verizon Cloud, and pay for access on an hourly basis.
Customers can bring their own Oracle licenses to the Verizon platform or buy Verizon cloud services, which already include Oracle licenses. Current Verizon eCloud and Managed Hosting customers are also able to use Oracle software – paying by the hour – and can leverage existing Oracle licenses.
This is considered critical for companies in industries like financial services, retail and energy as they migrate from on-premises solutions to hybrid or cloud-based environments. With Oracle Database and Oracle Fusion Middleware on Verizon Cloud, customers can leverage existing assets, gain efficiencies in the cloud and pay for only what they need on an hourly basis rather than having to purchase perpetual licenses, the companies said.
"With Oracle, we're helping enterprises transform their operations with the cloud," said John Stratton, president, Verizon Enterprise Solutions. "Few companies begin with a complete cloud environment, and the benefits of migrating to the cloud have at times been outweighed by the challenges and costs associated with making a change. Oracle and Verizon have now removed those obstacles. Companies can use their existing Oracle licenses or pay as they go for Oracle's software and gain the power of Verizon's next-generation enterprise cloud."
Verizon Cloud, announced in October 2013 and currently in beta, provides clients with performance, flexibility and control in their cloud environment, the carrier said.