{"id":606,"date":"2015-06-25T13:52:11","date_gmt":"2015-06-25T17:52:11","guid":{"rendered":"https:\/\/solutionsreview.com\/cloud-platforms\/?p=606"},"modified":"2018-07-05T17:05:58","modified_gmt":"2018-07-05T21:05:58","slug":"oracle-cloud-services-complete-but-can-they-compete","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/cloud-platforms\/oracle-cloud-services-complete-but-can-they-compete\/","title":{"rendered":"Oracle ‘Cloud Services Complete,’ But Can They Compete?"},"content":{"rendered":"

\"Oracle<\/a><\/p>\n

Just seven years after Oracle’s Chairman and CTO Larry Ellison called cloud computing “gibberish,” “insane,” and “idiocy,” the company has completed one of the greatest pivots in recent tech industry history (an industry that ‘pivots’ so much it’s dizzying):<\/p>\n

After Oracle’s release of dozens of new cloud services on Monday, Ellison announced that Oracle’s cloud services are “complete.”<\/p>\n

“You can now move all your applications out of the data center and into\u00a0the Oracle Cloud,\u201d said Ellison, who served as Oracle\u2019s CEO from the company\u2019s foundation in 1977 to 2014.<\/p>\n

With company\u2019s announcement of 24 new cloud services on Monday, Oracle can now claim the widest range of services of any software company in the cloud. Those services include some competitively priced platform and infrastructure offerings, and Ellison was not shy about the company\u2019s goals for those products.<\/p>\n

[From AWS to Oracle to Rackspace, Solutions Review rounds up the top 28 cloud vendors in the 2015 Cloud Platform Solutions Buyer\u2019s Guide. Solutions Review Buyer\u2019s Guides include full market overviews and 10 questions designed to help find your best fit in the cloud. Download your free copy today.<\/a><\/span>]<\/strong><\/p>\n

\u201cWe are prepared to compete with Amazon.com on price,\u201d said Ellison, as he announced Oracle\u2019s new Archive Storage Cloud Service, a cold storage solution similar to Amazon\u2019s Glacier and Google\u2019s Nearline<\/a>.<\/p>\n

\u201cOur new archive storage service goes head-to-head with Amazon Glacier and it\u2019s one tenth of their price,\u201d said Ellison.<\/p>\n

Amazon Web Services (AWS) is widely recognized as the leader in cloud infrastructure market and has previously been targeted by undercutting attempts from both Google<\/a> and Microsoft. Those attempts ultimately failed\u2014Amazon recently revealed strong cloud revenues<\/a>, despite the company\u2019s continuous price slashing<\/a>.<\/p>\n

This attempt at luring customers away from Amazon shows a marked shift in Oracle\u2019s priorities, and with good reason: the software giant\u2019s Q1 revenue from new software licenses fell 17% from Q1 2014, while revenue from cloud services<\/a> grew 29% during the same period.<\/p>\n

However, low prices aren’t the only differentiator for Oracle\u2019s cloud suite. The company is one of the only offering a \u2018full-stack\u2019 of cloud solutions\u00a0and has put a heavy emphasis on easy integration\u2014all of Oracle\u2019s cloud solutions are compatible with existing on-premise Oracle software.<\/p>\n

\u201cOne of our strategies is to offer the same technologies on-premise and in the cloud, so you can easily move your applications back and forth with the push of a button,\u201d said Ellison.<\/p>\n

That kind of integration could be highly attractive to enterprises working in a hybrid IT environment.<\/p>\n
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Just seven years after Oracle’s Chairman and CTO Larry Ellison called cloud computing “gibberish,” “insane,” and “idiocy,” the company has completed one of the greatest pivots in recent tech industry history (an industry that ‘pivots’ so much it’s dizzying): After Oracle’s release of dozens of new cloud services on Monday, Ellison announced that Oracle’s cloud […]<\/p>\n","protected":false},"author":24,"featured_media":608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[30,71,139,56,103,20,113],"acf":[],"yoast_head":"\nOracle 'Cloud Services Complete,' But Can They Compete?<\/title>\n<meta name=\"description\" content=\"Seven years after founder Larry Ellisons harsh words for the cloud, the legacy software company is now all-in on cloud.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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