Welcome to the Cloud Wars Minute — your daily cloud news and commentary show. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud. Register for Acceleration Economy’s Cloud Wars CEO Outlook 2024 Course, now available. Featuring exclusive interviews on strategy, AI, and customers with the CEOs of Cloud Wars Top 10 companies.
In today’s Cloud Wars Minute, I explore Oracle’s infrastructure dominance, including its rapid expansion and intense competition. In the fiercely competitive world of cloud infrastructure, Oracle stands out as a dominant force with its unparalleled capabilities and strategic approach.
Oracle CEO Safra Catz has outlined four key reasons why she believes their infrastructure business is booming: firstly, Oracle has 45 years of experience in handling mission-critical workloads and customers. With more businesses trusting Oracle to deploy big workloads to the cloud, it continues to thrive in this space; secondly, Oracle has advanced AI capabilities across its entire stack; thirdly, it offers an unmatched range of deployment options; fourthly, Oracle is leading the multi-cloud movement with its expertise in managing multiple cloud providers.
Oracle recently hit an all-time record by far in its remaining performance obligations for Q3 2021, up 29% to $80 billion, with about half recognized as revenue in the coming 12 months. The competition between Oracle and other major players such as Google Cloud, AWS (Amazon Web Services), and Microsoft provides an excellent environment for businesses to benefit from healthy competition in this space.
Cloud infrastructure has become increasingly differentiated and strategic as new capabilities are being built into it regularly. With GenAI becoming a game changer for many industries, businesses are realizing that they need a data strategy to fully participate in the AI revolution. As such, having robust cloud infrastructure is crucial to support these evolving needs of businesses today.
Join us next time on the Cloud Wars Minute as we dive deeper into another exciting topic related to the world of clouds!
The world’s shortest woman, Ms Amghe, stands at only 62.8 centimetres tall. Recently, she had…
Last year, the "Magnificent Seven" companies, comprising Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla,…
Missouri-based organizations are making significant strides in their respective fields. International Partners in Missouri recently…
The Trump family is one of the wealthiest in the world, with an estimated net…
Jan Leike, a machine learning researcher who co-led the ‘superalignment’ team at OpenAI, has announced…
Israel has a long history of producing successful startups, particularly in sectors such as cybersecurity,…