Cloud Computing: Oracle’s Larry Ellison Unveils New Cloud Infrastructure, Says ‘Amazon’s Lead Is Over’

September 19, 2016 Off By David
Object Storage

Grazed from IBTimes. Author: Avaneesh Pandey.

Larry Ellison, Oracle’s former chief executive and current executive chairman and chief technology officer, has an ambitious vision for his Redwood, California, company. In an over hour-long speech Sunday at the company’s annual customer conference in San Francisco, Ellison predicted Oracle would soon give Amazon stiff competition insofar as providing computing services through the cloud is concerned.

“We’re in the middle of a generational change — from on-premise computing — to super data centers called clouds,” Ellison reportedly said. “Amazon’s lead is over. Amazon’s going to have serious competition going forward.” Among the services unveiled Sunday is one called Cloud@Customer, which lets customers run servers identical to Oracle’s cloud infrastructure services within their own on-premise infrastructure…

Read more from the source @ http://www.ibtimes.com/cloud-computing-oracles-larry-ellison-unveils-new-cloud-infrastructure-says-amazons-2418233