Oracle Adds On-Demand Computing to its Cloud Service
October 1, 2012
Grazed from The Wall Street Journal. Author: Steve D. Jones.
After once dismissing cloud computing as “gibberish,” Oracle Corp. ORCL +0.64%Chief Executive Larry Ellison announced three new features for its cloud service at a customer conference in San Francisco.
Oracle will add infrastructure as a service to the Oracle Public Cloud, putting the enterprise software company in competition with pioneers Amazon.com Inc. AMZN -0.63% and Google Inc. GOOG +0.59% The Redwood Shores-based company also announced it will begin building and operating cloud services inside client data centers and a new version of its Exadata database machine with built in memory so it won’t have to rely on external storage…
With the announcements, Oracle plunges deeper into cloud computing, now offering computing on demand like utilities deliver electricity. Oracle’s cloud will deliver raw computing power, storage and applications for business processes such as human-resources management. “We think we are ideally positioned with database software, and middleware and applications all in the cloud,” said Mr. Ellison…
Read more from the source @ http://blogs.wsj.com/digits/2012/10/01/oracle-cloud-compute-service/