oracle-cloud

Oracle has recently announced that it will be offering 24 new cloud services. Some of the new services include mobile, integration, big data and SQL, and Exadata database.

However, the biggest buzz was on the Archive Storage Cloud Service and according to Oracle’s CTO Larry Ellison, this service was specifically tailored to go head-to-head with Amazon Glacier, costing only one-tenth of Amazon’s offer.

The company’s chairman also added that their platform-as-a-service and software-as-a-service businesses were doing really well. This is the same message that was pushed some few days ago when Oracle announced their quarterly results. The move is seen as a push to soothe concerns about the 5% drop in overall revenue.

Oracle had sold US$426 million worth of business in platform-as-a-service and software-as-a-service in the last quarter. “That’s an industry record – no company has ever sold that much in just one quarter,” said Ellison.

It will be interesting to see how the new cloud services will be received as it is clear that Oracle is keen on promoting itself as cloud and infrastructure provider.

 

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