Bloomberg Businessweek

Oracle Resets Its Ambitions

It’s focusing more on databases and applications than on infrastructure

Three years ago, Larry Ellison, the chairman of Oracle Corp., stood on a stage in San Francisco at his company’s annual OpenWorld user conference, boasting about his cloud aspirations. “Amazon’s lead is over,” he declared, pledging “serious competition going forward” to become the biggest provider of cloud computing and data storage, also known as infrastructure services. He would make similar promises in 2017 and 2018. But now it looks like he’s changed his mind.

Ellison spent millions of dollars to try and grab more of the infrastructure market in recent years, hiring thousands of employees, including engineers from Amazon. com

Вы читаете отрывок, зарегистрируйтесь, чтобы читать полное издание.

Другое от: Bloomberg Businessweek

Bloomberg Businessweek5 мин. чтения
Greening Europe’s Monetary Policy
The pandemic could easily have derailed Christine Lagarde’s plan to enlist the European Central Bank in the fight against climate change. Only she won’t let it. “It’s a topic that I am very keen about, which I believe has a systemic dimension,” she t
Bloomberg Businessweek6 мин. чтенияPolitics
The L O N G Reach Of China’s United Front
Just after the lockdown of Wuhan in January, the same week the U.S. confirmed its first case of the novel coronavirus, Chinese civic organizations in dozens of countries on five continents began buying masks and other personal protective equipment. I
Bloomberg Businessweek6 мин. чтенияPolitics
Trump Needs More Carrot
Donald Trump got elected in 2016 in no small part because he had the good sense to recognize a bad deal—and to offer voters a better one. One afternoon in May 2016, soon after knocking off 16 Republican challengers to cinch his party’s presidential n