Oracle has surpassed Amazon Web Services, taking the No. 3 spot in the Cloud Wars Top 10 rankings, with Amazon slipping to fourth place. The top five players now include Microsoft, Google Cloud, Oracle, Amazon, and SAP. Oracle’s rise to No. 3 has been attributed to its success in the cloud infrastructure business with its “Gen2” OCI business experiencing hypergrowth. Oracle’s CFO, Safra Catz, credits the company’s superior capabilities, implementation flexibility, and full cloud-based AI stack for its outstanding growth. In comparison, dropping to No. 4 proves that no market advantage is insurmountable in this fast-growing industry.
The Cloud Wars Top 10 rankings were launched seven years ago with Amazon at the top spot until Microsoft took over followed by Google Cloud. Despite Oracle’s smaller cloud business revenue compared to Amazon, it boasts customer-centric vision, relentless innovation, market drive, and disruptive boldness placing it at No. 3. Oracle’s strategic approach includes embracing multi-cloud options and innovative partnerships with Microsoft and Google Cloud, setting it apart from AWS.
Oracle’s Executive VP, Jason Maynard, believes the future lies in multi-cloud interoperability, providing customers with options to choose the best-suited workloads. Oracle’s partnerships with Microsoft and Google Cloud further highlight its commitment to customer needs and technological advancements. The company’s emphasis on customer-centricity and continuous innovation has propelled it to the No. 3 position, edging out Amazon in the Cloud Wars Top 10 rankings.
Ultimately, Oracle’s dedication to meeting customer demands, its multi-cloud approach, and strategic partnerships have positioned it as a leader in the cloud infrastructure space. As the market continues to evolve, Oracle’s relentless pursuit of innovation and customer satisfaction will be key to maintaining its competitive edge.
Article Source
https://accelerationeconomy.com/cloud-wars/oracle-leapfrogs-amazon-on-cloud-wars-top-10-and-grabs-3-spot-amazon-slips-to-4/