Oracle’s Larry Ellison Unveils New Cloud Infrastructure

At the Oracle OpenWorld conference in San Francisco, Larry Ellison unveiled a second generation of cloud infrastructure for third-party developers to run their applications in Oracle data centers.

At the Oracle’s OpenWorld conference in San Francisco, Larry Ellison unveiled its second generation of Cloud infrastructure for third-party developers to run their Applications in Oracle data centers.
Image Source:
One particular instance, or virtual-machine (VM) type, which Oracle has currently made is available in their second-generation offering – the Dense IO Shape – offers 28.8TB, 512GB and 36 cores at a price of $5.40 per hour. The product offers 10 times more input-output capacity, compared to Amazon Web Service (AWS), explicitly the i2.8xlarge instance, as per Ellison, Oracle’s former Chief Executive and current Executive Chairman and Chief Technology Officer.
Ellison states,
“Amazon’s lead is over. Amazon’s going to have serious competition going forward.”
He also goes on to say that the company will be promoting its refreshed Cloud infrastructure through the rest of its present fiscal year, which ends in May 2017.
At the moment, the AWS leads the Cloud infrastructure market; Google Cloud Platform, Microsoft Azure and IBM trail AWS and Oracle’s public Cloud was currently not included among the most current version of Gartner’s highly regarded Cloud infrastructure as a Service (laaS) Magic Quadrant, which was just released last month. The authors of the report have gone on to write, “Oracle also does not have enough market share to qualify for inclusion.”
At OpenWorld, the Elastic Compute Cloud has officially been launched last year.
Oracle’s new offering goes on to take advantage of regions, each of which goes on to contain three separate “availability domains,” or connected data centers. Oracle’s competitors in the Cloud also offer regions of data centers, however, this particularly represents a step further for Oracle, which is currently building out of these new regions worldwide.
Ellison has gone on to state that he respects Amazon for being the “first mover” in the business of Cloud infrastructure. Amazon has gone on to launch EC2 Service for renting out VM instances by the hour in 2016 and among the most recent quarter, the whole AWS portfolio fetched Amazon $718 million in operating income and $2.88 billion in revenue.
He states,
“But now we’re aggressively moving into infrastructure, and we have a new generation of data centers that we’re building around the world.”
Building data center infrastructure costs money. In the quarter which ended on August 31, Oracle’s Cloud infrastructure had an operating expenditure of about $96 million. In the meantime, AWS has $2.02 billion in the operating expenses in the second quarter.
Ellison has currently announced a new product known as Cloud @Customer, which allows the customers placed Servers, which are identical to Oracle’s Cloud infrastructure, in their own On-Premises infrastructure, the Services which runs on the same software as the software on Oracle’s Cloud Servers. These Servers come with the same price as that of their corresponding Cloud versions.