LONDON--(BUSINESS WIRE)--

To help European enterprises accelerate their transition to the cloud, database giant Oracle is seeking to become one of Europe’s leading hyperscalers, according to a new research report published today by Information Services Group () (Nasdaq: ), a leading global technology research and advisory firm.

The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Europe notes that Oracle has established collaborations with Red Hat and Microsoft in a bid to become a major player in the hyperscaler space. Red Hat Enterprise Linux is now a supported operating system running on Oracle Cloud Infrastructure (OCI), while Oracle Database@Azure will provide direct access to Oracle database services running on OCI and deployed in Microsoft Azure datacenters, the ISG report says.

“These alliances should give customers more choices and greater flexibility,” said John Szente, ISG partner, digital platforms and solutions, in Europe. “They mark a significant step forward in cloud technology collaboration and offer exciting possibilities for future developments.”

Cloud computing has become an integral part of the European digital landscape, the ISG report says. It has revolutionized how businesses operate and how individuals access and store data. According to the report, although Europe has embraced cloud computing as a region, it also faces some unique challenges and considerations. One of the critical concerns is data privacy and protection, the report says. Another is cybersecurity. As more businesses and individuals rely on cloud services, the risk of cyber threats and data breaches increases, ISG says.

Oracle’s growing momentum can be attributed to its comprehensive suite of cloud services and its focus on delivering enterprise-grade solutions for these and other challenges, the ISG report says. At Oracle CloudWorld 2023, the company announced the launch of Oracle Access Governance to simplify security adoption. One of the key advantages of Oracle’s cloud platform is its seamless integration with existing enterprise software, the report says. Oracle service partners in Europe have a broad spectrum of cloud service providers to choose from, depending on their needs, ISG says.

“Cloud computing has been a boon for European business, but it also introduces some potential pitfalls,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Enterprises must carefully evaluate their cloud strategies and choose providers that align with their requirements and compliance obligations.”

The report also examines how Oracle has embedded AI and ML across their software-as-a-service (SaaS) apps, delivering prebuilt models in Oracle Database and MySQL HeatWave.

The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Europe evaluates the capabilities of 29 providers across three quadrants: Consulting and Advisory Services, Implementation and Integration Services and Managed Services.

The report names Accenture, Capgemini, Cognizant, Fujitsu, HCLTech, Infosys, LTIMindtree, PwC, TCS, Tech Mahindra and Wipro as Leaders in all three quadrants, while Timestamp is named as a Leader in two quadrants. Version 1 is named as a Leader in one quadrant.

In addition, Quistor is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in all three quadrants. Steltix is named as a Rising Star in two quadrants, while Version 1 is named as a Rising Star in one quadrant.

A customized version of the report is available from .

The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Europe is available to subscribers or for one-time purchase on this .

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this .

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: ) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit .

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