Oracle bets big on hybrid cloud offering to drive business

Says cloud-based services often 'misunderstood' as only cost saving option

Oracle is betting big on its cloud-based services in the country with a flexibility to run business operations on premise and claims cloud migration is often "misunderstood" as only cost saving option.

The US-based software firm said its pitch for hybrid offering of running or moving back to on-premise technology services is resonating with customers; since a lot of them are moving from rival cloud providers where the total cost of operations exceeds the initial cost for customers.

Some of the customers have of late realised that the movement of business operations on cloud is beyond cost saving, Mitesh Agarwal,