Bangladeshi organisations, regardless of industry, are increasingly evaluating cloud technologies to innovate and gain competitive advantages, said Oracle Bangladesh Managing Director Rubaba Dowla.
In an email interview with Daily Sun, the tech leader discussed how the cloud is enabling local enterprises to recover from the disruption caused by the pandemic and improve business processes to gain business resiliency.“When the pandemic hit Bangladesh, many businesses faced a myriad of new challenges that hadn’t been considered during business continuity planning. For example, most organizations in Bangladesh were not prepared for remote work, they also found it difficult to monitor and manage their physical space, such as their storage and processing facilities. Saving costs and trying to mitigate health risks for sustenance was another major challenge - the initial impact of the disruption was huge,” she said
According to Dowla, the pandemic has only accelerated the need for cloud innovations like AI and machine learning (ML) as a way to evolve for what’s next and the organizations are thinking about the long-term effect the pandemic will have on their industry, and the best way to use technology at scale.
“As organizations find new ways to transform the way they approach business, the cloud remains a key necessity in helping drive new “digital-first” strategies. Cloud computing is creating an ecosystem of innovation with new technologies that increase speed and provide new ways to answer problems. As a result, it’s creating an entirely new class of enterprises that are based on innovative uses of data and creative solutions at scale,” Dowla added.
She said the right cloud can make all the difference – one that works hard and adapts as quickly as you do. Oracle provides the only cloud platform that delivers the agility, scalability, security, and performance required for businesses to continually innovate and transform.
Citing example of Ananta Apparels, Dowla said that the company adopted Oracle Cloud Infrastructure (OCI) to help gain real-time operational insights and reduce tech infrastructure costs by 50 percent, saving the company 20 hours a week spent on addressing complaints, and boosting employees’ satisfaction.
“Another case in point is City Bank; they adopted Oracle Cloud Infrastructure (OCI) to help modernize their key business applications. The migration has helped them reduce operating costs by 10 percent and increase performance of its banking applications by 20 percent, enabling the bank to focus on improving users’ experience even further,” she said.Oracle has been driving digital transformation for the better part of four decades, well before the term became fashionable. Oracle’s second-generation enterprise cloud delivers on-premises-like, high-performance computing power to run a company’s most challenging IT workloads, underpinned by Oracle's autonomous services, and integrated security.
The rapidly growing cloud region footprint meets the proximity and data sovereignty requirements. As well as standard cloud compute, storage, and networking, it offers a range of cloud-based, high-performance computing (HPC) solutions.
Oracle Cloud also gives access to Oracle Autonomous Data Warehouse , the industry’s first and only self-driving cloud data warehouse, including the latest innovations such as built-in data tools, Oracle ML services and virtually seamless access to data lakes.
According to the Asian Development Bank, before the onset of the coronavirus pandemic, the economy was growing rapidly, recording an annual expansion in the range of 8% for years. The Asian Development Bank maintains that despite the hit from the pandemic, the Bangladeshi economy is recovering fast.
“Oracle has been working closely with the Bangladeshi businesses to help them navigate that tide of uncertainty. Always customer-centric, we’ve simplified the path for migration, and once customers are on-board, we’ve also made Oracle Cloud Infrastructure straightforward to use. We recently introduced ‘Oracle Cloud Lift Services’ that removes one of the biggest pain points of cloud adoption the cost and effort of migration. This gives customers access to Oracle cloud engineers and premier technical services at no additional cost,” said Dowla.
“It’s no longer a question of whether you should move to the cloud, it is about when and what cloud innovations best suit the business needs,” Dowla concluded.
Jannatul Islam is with Daily Sun. He can be reached over email at [email protected]