Saturday, June 15, 2024

Oracle Quietly Plotting Ambitious Cloud Computing Plan

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NetworkWorld: In closed-door meetings with analysts, Oracle is laying out its cloud computing strategy. Although non-disclosure agreements prevent the analysts from discussing the company’s plans in detail, Forrester’s Paul Hamerman noted, “They’re investing substantially in the cloud.”

Those investments include software as a service (SaaS) and platform as a service (PaaS) offerings, along with social collaboration tools. “Oracle believes they are the only vendor that provides both a cloud infrastructure and cloud-based applications,” explained Alan Lepofsky of Constellation Research Group.

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