Cloud computing provides on demand access to a shared pool of computing resources in a self-service, elastically scalable and metered manner, delivering significant advantages in speed, agility, and efficiency.
Today, cloud computing is at an early stage in its lifecycle. But cloud is the evolution and convergence of technology trends that have been driving enterprise data centers and service providers over the last several years, such as grid computing, clustering, server virtualization, SOA shared services, and large-scale management automation. For more than a decade, Oracle has been a leader in these areas with thousands of customer successes and a high level of investment. Today, Oracle powers the cloud and is the foundation for many of the world’s public and private clouds.