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Wednesday, Jun 6
2012, 6:14 PM
Oracle (ORCL) makes its anticipated cloud services announcement. The company is not only rolling...
Oracle (ORCL) makes its anticipated cloud services announcement. The company is not only rolling out cloud versions of ERP and CRM apps (fresh competition for CRM, N, CSOD, and others), but also cloud-based database, app development, and analytics services. The breadth of Oracle's offering makes it a rival to Amazon Web Services (AWS) and Microsoft's (MSFT) Azure as an infrastructure platform. Larry Ellison boasts Oracle's superior security gives it an edge over AWS.