Oracle Corp., the world's largest database maker, has introduced a cloud-computing service to let corporate customers access data over the Internet, stepping up competition with Salesforce.com Inc. and Workday Inc.

The Oracle Cloud will include more than 100 applications, the Redwood City, California-based company said yesterday. The service includes the Fusion business applications and online programs from acquired companies Taleo Corp. and RightNow Technologies Inc.

The debut vaults Oracle into the fast-growing market for software that is delivered over the Internet, using technology that can save customers money on hardware and speed up product updates. Expanding in the $113.8 billion business-applications market could help reduce Oracle's reliance on hardware gained from its $7.4 billion purchase of Sun Microsystems in 2010.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.