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January 13, 2014

Verizon Cloud enables per-hour billing for Oracle Database

US heavyweights teaming up to provide alternative to purchasing perpetual licenses.

By Claire Vanner

Verizon Enterprise Solutions is allowing customers to use Oracle Database and Oracle Fusions Middleware on its cloud on a pay-by-the-hour basis.

Through Verizon’s eCloud and Managed Hosting services, customers can leverage existing Oracle licenses, or purchase new licenses, to deploy on-premise, public, private and hybrid database services.

The ability to use Oracle software on a per-hour cost basis will benefit industries migrating from on-premises solutions to hybrid or cloud-based environments as they need only pay on an hourly basis to leverage existing assets and gain efficiencies rather than having to purchase perpetual licenses.

Oracle President Mark Hurd said: "Combining Verizon’s unique enterprise experience and capabilities with Oracle’s best in class cloud products will provide customers another easy and cost-effective choice for embracing the cloud."

"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."

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