The technology also optimizes operations and ensures real-time enterprise delivery. Oracle’s general grid database architecture also identifies the technology’s ability to integrate data center and central management, on a demand basis, to ensure flexibility in data management (Oracle1, 2014).There are different offers for Oracle 12c technology and these range by product type and services rendered. Major product types are the standard edition, enterprise edition, personal edition, mobile server, and NoSQL database enterprise edition. Product sub-types also exist for enterprise edition option and Database Enterprise Management option, besides other related products to database management. For each sup-type of product, four classes of charges exist and these are charges for named user, software update license and support, and processor license. A user can therefore select a product based on need and cost and such price selection may range from US$ 100 for named user plus offer to US $50000 for processor license (Oracle2, 2014). The offered cost is however more expensive, compared to traditional cloud computing technology. Even though different product offers exist and appear to be cheap, the company may need to integrate many of the products into its system to attained desired service delivery level and this identifies the expensive nature of the technology (Apostu, n. Potential benefits however undermine the cost disadvantage.Oracle’s publication of its product and their respective services identifies the need to update the technology and this means need for cost and expertise in identifying needed changes and implementing the changes through system updates. In addition, Oracle also offer support to its users and this identifies possible constant need for changes in operating the technology (Oracle2, 2014). Oracle also offers maintenance services to its users, though it charges a fee for that. This means regular expenditure on management of the technology that the company must factor before implementing the proposed Oracle version in resolving the identified issues that the company faces (Kanaracus, 2013). One of the identified security issues arose from failure by Bank Solutions Inc. to test and update its system, inducing possible internal and external threats to autonomy, privacy, and confidentiality. Need for monitoring a system to identify
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