Oracle dives into cloud (again), and this time it really means it
October 5, 2014
Grazed from GigaOM. Author: Barb Darrow.
At Oracle OpenWorld last week, Oracle CEO — er CTO and Executive Chairman Larry Ellison — once again vowed that his company will be king of cloud — in SaaS, Paas, IaaS — you name it.
That’s a tall order but one coming from a company flush in resources which has shown itself willing to buy into new markets. And Ellison and co-CEOs Safra Catz and Mark Hurd trotted out news that Oracle now offers its flagship Database as a Service. Ditto Java as a Service. As for those resources, over the past 12 months, Oracle logged $35.8 billion in revenue and gross profit of $31.4 billion. See what I mean?…
For a CEO who once pooh-poohed cloud computing as a relabeling of older time-share technology, Ellison’s gotten with the program for real now. (And to be fair, he was right that today’s SaaS is suspiciously like the application service provider (ASP) wave of years ago.) As for the database option, this could be a very big deal even though customers can already run Oracle databases on Amazon Web Services, according to SearchOracle.com’s Mark Fontecchio who wrote:…
Read more from the source @ https://gigaom.com/2014/10/05/oracle-dives-into-cloud-again-and-this-time-it-really-means-it/