As digital transformation continues to revolutionize enterprises worldwide, the technology arena has witnessed a shift of sands, as businesses today are abandoning legacy systems and are driven towards digitalization. According to industry reports, the digital market would receive an investment of $1.3 trillion this year, which is an increase of 16.8 percent over the $1.1 trillion in 2017. As such, CIOs thrive to develop innovative strategies to stay on par with the competition. Despite all the tech advancements in the recent times, one player has consistently remained ahead of the game and is the most trusted software solution provider in the enterprise arena, Oracle.
Oracle is the first company to develop and deploy 100 percent internet-enabled enterprise software, and currently serves as a backbone to many Fortune 1000 corporation. Growing rapidly, the software behemoth has penetrated though industry verticals such as construction, automotive, manufacturing, telecommunications healthcare, and insurance among others. Having spent the last decade rewriting every one of its on-premises enterprise application for the cloud, the firm is in the position to offer top notch cloud based services. Although there are many other giants in the tech arena, Oracle dominates the market as it remains the first choice in running server and storage systems, financials, engineered and middleware systems. Recently, Oracle introduced an innovative platform for open banking which includes a comprehensive set of PaaS capabilities and an open API framework enabling banks and financial institutions to collaborate on a common cloud platform. Barclays, Biz2Credit, IPsoft and the TAS Group are some of the major banking and financial institutions who have already partnered with the firm to join the Oracle open banking ecosystem.
While such innovations are bound to stem out, Oracle partners and service providers play an equal role by adding value to its products. In this edition of CIO Applications, we aim to help the readers to gain better insights into the capabilities of major Oracle partners and service providers. A distinguished panel of CIOs, CEOs, VCs, analysts and the editorial board of CIO Applications has distilled the final 10 companies.
We present to you CIO Application’s “Top 10 Oracle Solution Providers - 2018”.