Oracle Database Time Machine

Can we get a “Ctrl+C Ctrl+V” kind of experience for creating clones of multi-terabyte Oracle databases? How much resources( Capex and Opex costs) do you incur in your organization to create clones of databases? As DBAs, we spend lot of time on : 1) Maintain protection SLA’s for databases 2) Create clones of production databases for various purposes 3) Regular refresh of these clones from production Time machine is an entity which solves the Copy Data Management problem in a unique and economical way.