Cloud Computing: Oracle hints at coming in-memory database

June 22, 2013 Off By David

Grazed from I.T. World Canada.  Author: Howard Solomon.

An oracle, according to one online dictionary, is a statement given by a highly regarded person that can be ambiguous or obscure.  By that measure Oracle Corp. CEO Larry Ellison issued a few oracles on Thursday.   During a conference call with financial analysts after releasing the company’s latest results, Ellison briefly mentioned an upcoming version of its database that will more directly challenge SAP’s HANA in-memory platform.  

As Computerworld U.S. reports, Ellison was talking about Oracle 12.1c. Meanwhile, version 12c has yet to be released. Oracle’s in-memory Exalytics In-Memory Machine and its Exadata series appliances have been the company’s weapons against HANA. He gave no indication when 12.1c will be released…

In addition, Ellison also said the company will make some “startling” announcements next week.  As Siliconvalley.com reported later, despite these leaks and fourth quarter earnings that beat Wall Street expectations, Oracle shares dropped about nine per cent in after-hours trading, on top of a three per cent drop that came before the earnings announcement…

Read more from the source @ http://www.itworldcanada.com/news/oracle-hints-at-coming-in-memory-database/147275

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