Oracle Announces Cloud Services

Today, Oracle’s Larry Ellison announced that Oracle will be offering public and private cloud services. Speaking at Oracle’s OpenWorld Conference, Larry announced that Oracle will not be offering “Infrastructure as a service” or IaaS.

Oracle’s public cloud services are similar to Amazon, Microsoft and other public cloud services but the private cloud services are little different.

"We own it. We manage it. We upgrade it. You only pay what you use."

– Larry Ellison, CEO Oracle

"If you talk to an Oracle salesperson, you can get a better price than that. I know these guys and gals and they are always ready to deal," he added.

Cloud services has become the new way to host applications and websites where the hosting company manages everything and customers pay for the resources they use.