Cloud Computing: Oracle Has Big Plans To Beat Salesforce And Amazon In A $72 Billion Market
January 31, 2013
Grazed from Business Insider. Author: Julie Bort.
Oracle this week explained its plans to push into the $72 billion cloud-computing market. During a phone call with reporters on Monday, Oracle president Mark Hurd gave more detail on the plan the company had first unveiled on January 15. Oracle is trying to grab a slice of the "infrastructure-as-a-service" (IaaS) market away from Amazon, Rackspace, Salesforce.com, IBM, and others.
Cloud computing is a vast market, involving software apps, storage, computing power, and other resources. The infrastructure part of cloud usually involves providing the basic computing resources on which customers can run operating systems and software of their choosing. Oracle’s scheme is completely different from the way most companies approach IaaS…
Oracle will install its high-end hardware, which it calls "engineered systems," loaded with Oracle software in a customer’s data center. The customer doesn’t share those systems with others—a differentiator from most cloud setups. It pays a monthly fee to rent them. This is often called a "private cloud"—but involving hardware, not just software…
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