Oracle Jumps Into The Cloud: Smart Or Foolish?
Grazed from SeekingAlpha. Author: Randall Radic.
Oracle (NYSE:ORCL), a major player in the database software arena, recently decided to gird up its loins and muscle its way into cloud computing. Oracle calls its venture Elastic Computing because, ostensibly, it will offer efficient infrastructure (IaaS) capable of handling anything an enterprise might want to build or run. Translation: Oracle is throwing down the gauntlet and challenging Amazon (NASDAQ:AMZN) Web Services for supremacy.
The problem is that Oracle is late to the party. Microsoft’s (NASDAQ:MSFT) Azure and Google (NASDAQ:GOOG) (NASDAQ:GOOGL) arrived ahead of Oracle. And Amazon is the acknowledged heavyweight champion in cloud computing. Amazon got to the party early and already dominates Infrastructure-as-a-Cloud. In other words, Oracle’s late arrival to a very competitive field may prove difficult…