Oracle Eyes AWS Success, Shifts Its Focus to Infrastructure as a Service
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.