Oracle Magazine, September/October 2017
ORACLE MAGAZINE SEPTEMBER OCTOBER 2017 31 Some of these companies utilize IaaS capacity to accelerate digital transformation initiatives as well as to fast track the adoption of new technologies For example two years ago EZCORP spent 70 percent of its IT budget maintaining legacy infrastructure and just 30 percent on innovation In the coming years senior IT leaders are intent on reversing those numbers as they create a versatile platform for new development and offload their core infrastructure to Oracle Cloud We want to get out of the hardware business and put more emphasis on our revenue Now that Oracle is handling the bulk of the companys operations EZCORPs IT team is available to address new opportunities says EZCORP CIO Dave Hurrell right pictured here with EZCORP Vice President of Enterprise IT Ramanujam Ram Srinivasan By 2018 60 percent of our IT investments will go to new products new technology and new projects versus 30 percent today Hurrell says
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