Oracle to announce new IaaS cloud computing service offering at OpenWorld
September 23, 2012
Oracle will announce a new IaaS (infrastructure-as-a-service) offering at the upcoming Oracle OpenWorld conference in San Francisco, CEO Larry Ellison said on Thursday.
The service will provide customers with access to secure, virtualised compute power hosted in an Oracle data centre, Ellison said. Oracle will also sell software for customers to build "identical services" in their own data centers, allowing them to move workloads back and forth between the public and private clouds, he said…
Ellison made his remarks during a conference call to discuss Oracle’s quarterly earnings. The new service means Oracle will be able to provide "all three tiers of cloud computing," Ellison said, spanning applications, a PaaS (platform as a service) in the form of a Java development platform and database, and now an infrastructure offering that could put it into competition with Amazon Web Services, which Ellison has praised in the past…
Read more from the source @ http://news.techworld.com/virtualisation/3399669/oracle-announce-new-iaas-cloud-computing-service-offering-at-openworld/