Oracle OpenWorld 2019: Oracle’s Evolving Integrated Cloud Paves the Way for Blockchain

C. Dunlap

Summary Bullets:

  • Oracle Blockchain Platform Enterprise Edition supports pre-assembled integration with popular business apps.
  • The evolving Oracle Cloud provides necessary support for advanced applications, including blockchain.

Oracle has been working to expand its cloud interoperability partnerships, in particular with Microsoft and VMware, building out an ecosystem to further its mission of combining database and PaaS with strengths in management, analytics, and integration. A primary objective of its evolving Oracle Cloud is to help developers build the next-generation of distributed apps, including blockchain apps.

Oracle’s growing band of blockchain customers was out in full force during this week’s mega conference, Oracle OpenWorld, aiming to demonstrate the business value of the slowly emerging technology. An Oracle blockchain executive told GlobalData that the biggest takeaway he’s hoping conference attendees grasp is that blockchain is past the PoC stage and production in blockchain is real, with more use cases and customers coming.

Playing to its strengths, Oracle’s blockchain strategy for getting up to speed in the digital ledger industry is based on pre-assembled solutions and low-code platforms for including business users and building blockchain capabilities directly into Oracle Database. This approach will resonate with enterprises keen on rapid operational provisioning to support early blockchain projects. Oracle’s Autonomous Data Warehouse customers will gain access to better insight into blockchain transactions, current state data for analytics, improved integration with various data sources, and blockchain capabilities embedded in Oracle’s business apps (i.e., Oracle Cloud ERP, NetSuite, Oracle Data Cloud).

These recent integration achievements are part of a messaging campaign that’s meant to undermine rival efforts by AWS, Azure, and IBM by claiming these blockchain platforms require complex integrations and/or require an army of costly professional services consultants to develop and manage blockchain apps such as smart contracts and integrate with back-office systems.

Oracle’s initial release of Oracle Blockchain Platform (OBP) in summer 2018 was followed by this year’s move to integrate blockchain technology into core database solutions and business apps. Recent activities include the release of its first SaaS app, called Intelligent Track and Trace, on OBP (with more expected to follow), alongside the release of OBP Enterprise Edition (EE), which runs on premises or in non-Oracle clouds. OBP EE’s focus is on providing plug-and-play integration with Oracle SaaS solutions, including its traditional popular business applications, in order to abstract cumbersome configurations. Oracle also added key lifecycle management capabilities, including built-in IdM, HA, autonomous recovery, and monitoring.

Illustrating its momentum, Oracle cites a doubling of customers in its Oracle Cloud Infrastructure (OCI) data centers based on activities around blockchain platform services.

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