Posted by on
Tags:
Categories: Amazon AWS IaaS Oracle

If yesterday’s conference call with investors is any indication, #Oracle’ s obsession with #Amazon Web Services ( #AWS ) is only growing. That’s probably not surprising, given the former’s decision to invest heavily in its infrastructure-as-a-service ( #IaaS ) business as a way to offset declines in revenues for its licensed software business. But Oracle still has a long way to go before it will be ready to give the likes of AWS a run for its money in the IaaS space. Oracle chairman and CTO Larry Ellison (pictured above) made repeated references to AWS during yesterday’s call. The company also touted an increase of 62 percent in its quarterly cloud sales over the same period last year, reaching $1.2 billion for its fiscal 2017 third quarter that ended Feb. 28.

http://www.toptechnews.com/article/index.php?story_id=1010035RBSS1

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.