As previously reported, Oracle Cloud at Customer provides fully managed, 'pay by the drink' IaaS on hardware that can be installed on customers' premises or in their chosen data centre.
Oracle APAC group vice president and chief architect for core technology and cloud Chris Chelliah told iTWire that Oracle Cloud at Customer provides the same or better cost and granularity as conventional IaaS, with the added advantage of lower latency.
It is also easier to 'lift and shift' workloads - including non-Oracle workloads - onto Cloud at Customer, he said.
"This is a no-brainer for business."
Likely customers for Cloud at Customer are "the usual suspects," Chelliah said: organisations in the more regulated segments - especially banking and finance, public sector and healthcare - that have been inhibited from adopting IaaS.
"We're ready to rock and roll" with unidentified customers in all three areas, he said, noting that Australia is one of the most mature IaaS markets outside North America.
Asked about the likely timing, an Oracle spokesperson said the company expects Cloud at Customer to make a significant difference in the coming financial year.
Cloud at Customer gives Oracle an opportunity "to leapfrog and change the game for the customer" by providing the benefits of cloud without the drawbacks, he said.
Oracle is promoting Cloud at Customer in partnership with Equinix to customers that want their system to be located at a third-party data centre.
Oracle's own cloud systems are located in Equinix data centres around the world, making it easy to migrate workloads from Cloud at Customer to Oracle Cloud if desired.
Equinix Australia managing director Jeremy Deutsche told iTWire that a local study had found 87% of enterprises were planning a hybrid cloud strategy as they want control and sovereignty, with equipment inside their own firewalls.
Equinix provides excellent connectivity between Oracle Cloud at Customer or Oracle Private Cloud Machine (essentially the unmanaged, non-subscription version) and Oracle Cloud, as well as "numerous other connectivity options," not just in Australia but around the world.
Cloud at Customer is "another great choice for Australian enterprises," Deutsche said.