Emphasizing strong momentum in the “two strategic products that will determine our future,” Oracle Executive Chairman and CTO Larry Ellison said during Oracle’s first-quarter earnings call that the company is “well on its way” to becoming the world’s largest cloud application vendor and is poised to gain share in the cloud infrastructure segment “very, very rapidly.” Those two strategic products? Cloud-based ERP and Oracle Autonomous Database Cloud Service.
Oracle already has more than 20,000 customers for its Oracle Fusion cloud ERP and NetSuite cloud ERP services. And offering Oracle Database as an autonomous cloud service means that the world’s most popular database is now self-managing and self-patching, so it not only performs substantially better than comparable Amazon Web Services products, Ellison said, but is also more reliable, more secure, and much less expensive to operate. Read more of
Ellison’s perspective.
—
Rob Preston, Oracle Editorial Director