The latest episode of Cloud Wars Minute focuses on Oracle’s impressive rise to the third spot in the Cloud Wars Top 10, knocking AWS down to fourth place. Despite AWS’s significantly larger revenue compared to Oracle Cloud, the shift reflects Oracle’s innovative edge and strategic partnerships. Oracle has been making strides in the multi-cloud services realm, teaming up with Microsoft and Google Cloud to provide customers with a customer-centric view and various implementation options.
One of Oracle’s notable initiatives is its Alloy program, which assists clients in becoming cloud technology providers for regulatory or regional purposes. This move has garnered market momentum, with Oracle’s recent quarter seeing a 44% increase in remaining performance obligation to $98 billion. The reshuffling of the Cloud Wars Top 10 now places Microsoft in first place, followed by Google Cloud, Oracle, AWS, and SAP, with three legacy companies making up the top five.
Larry Ellison’s bold statement a few years back, committing to compete with Microsoft, Amazon, and Google in cloud infrastructure, has proven successful for Oracle. The company’s unique approach to the cloud industry has set it apart from its competitors and secured its position in the top ranks. Oracle’s CEO Safra Catz and Executive Vice President Jason Maynard have provided insight into the company’s strategies, which will be further detailed in an upcoming article accompanied by a video interview with Maynard.
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https://accelerationeconomy.com/cloud-wars/cloud-wars-minute/oracle-jumps-to-3-on-cloud-wars-top-10-pushes-aws-down-to-4/