Oracle on Wednesday announced what it described as the industry’s broadest cloud strategy, outlining a vision of offering customers a soup-to-nuts cloud solution. The development has been seven years in the making, involving relentless engineering and innovation, key strategic acquisitions, and billions of dollars in investment, Oracle CEO Larry Ellison said. The strategy marks a change in approach for Oracle. In his keynote speech at Oracle World 2010, Ellison had said the term “cloud computing” drove him crazy. He has disparaged the cloud computing concept for years.
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Oracle's Cloud Rolls In
Posted by: Richard Adhikari June 7, 2012 11:21 AMOracle on Wednesday announced what it described as the industry’s broadest cloud strategy, outlining a vision of offering customers a soup-to-nuts cloud solution. The development has been seven years in the making, involving relentless engineering and innovation, key strategic acquisitions, and billions of dollars in investment, Oracle CEO Larry Ellison said. The strategy marks a change in approach for Oracle. In his keynote speech at Oracle World 2010, Ellison had said the term “cloud computing” drove him crazy. He has disparaged the cloud computing concept for years.