Posted on 09/17/2022 2:11:50 PM PDT by libh8er
Giving an entirely new meaning to the term “collaboration,” Oracle has become a paying customer of Amazon Web Services as part of Larry Ellison’s strategy to make Oracle’s databases available on as many cloud platforms as possible.
Ellison opened his remarks on this week’s earnings call by describing the availability of Oracle’s MySQL HeatWave database on AWS and emphasized repeatedly the imperative of customer choice.
Declaring that “the multi-cloud era has begun,” Ellison said, “Our job is to give our customers the ability to choose application and infrastructure technology from multiple cloud providers, and then have those different clouds coexist and interoperate. Multi-cloud interoperability is an important step in the evolution of cloud computing.”
Of course, that’s not a philanthropic move by Oracle — rather, it’s grounded in the new realities of customer requirements and expectations as they pick and choose the cloud services, whether apps or infrastructure, that best suit their business needs.
Because of Oracle’s willingness to do — within reason — whatever it takes to give customers unfettered choices in deploying the cloud services of their choices on the cloud infrastructures of their choices, Oracle’s growth potential is big and getting bigger, Ellison said.
“Multi-cloud interoperability is one of the reasons our infrastructure business is booming, growing over 50% in U.S. dollars and almost 60% in constant dollars. We expect Oracle’s total cloud business to exceed a $20 billion annual run rate next year.”
(Excerpt) Read more at accelerationeconomy.com ...
Not a bad move, imo.
Any company who puts their critical data on a cloud server is just plain stupid and deserves the damage that will occur when hackers or cloud server owners shut them down. This was painfully obvious during the last election (GAB, GETTR, etc.).
Work with Oracle for decades but haven’t even heard their name mentioned in ages when considering new architecture. Other than fading Java did not know they still sold dbs figuring they lived off of dwindling support and maintenance of legacy systems. Of course with gov business that can be. Lucrative until its not.
Forgot they “own” mysql that is also has free implementations.
All we need are the proper interface chips.
Agreed. I think Ellison should have sold when his company was worth something. Before the clouds rolled in.
They sell lots of different software. Oracle’s ERP (Enterprise Resource Planning) software handles accounting, payroll, inventory, etc for a lot of Fortune 500 companies.
Larry... The art of whore.
There’s a lousy baseball team that plays in a stadium
that was named by elison. I’ll bet it will be available soon.
A lot of cloud providers are using Oracle database software. It is fussy, but it scales. MySQL is a different animal, and Oracle never figured out what to do with it, which is why MariaDB has a growing following. Oracle admins and developers get paid well, as there are plenty of installations, and not just in government.
The irony is that Ellison always thought the PC was the wrong tool to emphasize, and this tyoe of thinking is what is behind a lot of the cloud/thin client mindset (that I do not share)
Thanks for the info.
Oracle just reported $2.8 billion in profits on $11.4 billion in earnings for the last quarter. That seems like a lot.
That is exactly what I told Larry Ellison when he and I had drinks at the Oak Room at The Plaza in NYC in the early 80's when Oracle was worth less than $100 Million and he wanted me to join him at Oracle {I was wrong and so are you}.
Ellison was pussy dawg when he was younger, but he is a multi-billionaire, and the poster at FR called "ComputerGuy" is offering him financial advice.
He didn't listen to me, face to face, and he doesn't even know that you post financial advice to billionaires on an obscure blog that can't even raise $88K per quarter.
You should donate $25,000 to FR, and then give financial advice.
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