Oracle Plans Cloud Push

Software maker positions itself to take on Salesforce, Workday.

Oracle Corp. plans to unveil the first new version of its flagship database program in five years and an expanded line of high-end servers, as the software maker steps up its effort to win more cloud-computing business.

At its OpenWorld conference in San Francisco on Sept. 30, Chief Executive Officer Larry Ellison will show the new 12c database, designed for cloud computing, and more powerful systems to handle ballooning amounts of corporate data more efficiently, Mark Hurd, co-president at Oracle, said in an interview yesterday.

Private Clouds

Oracle can remotely manage customers’ applications, database software, and server computers in so-called private clouds sitting inside companies’ own data centers to increase the peace of mind of chief information officers, said Sherlund, who is based in New York. Customers would get the benefit of Oracle’s package of technology without having to perform the installation and maintenance themselves.

‘Savvy Company’

Oracle has said it has signed $1 billion of cloud-computing business, including from its Oracle Cloud service, which includes Fusion human-resources and customer-relations applications as well as online programs from acquired companies Taleo and RightNow Technologies. The company will give an updated figure at a meeting with analysts on Oct. 4, Hurd said.

Page 2 of 3

Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Comments

Advertisement. Closing in 15 seconds.