Oracle’s Broadside in the database wars!
Last week, Oracle (ORCL) held its annual customer event, OpenWorld. Most of the time, OpenWorld passes quietly and offers little in the way of news for those hoping to gain an insight into Oracle’s next chapter. Last year’s OpenWorld featured company founder and CTO Larry Ellison throwing down a challenge to the company’s competitors in the data base world. Nowadays, Oracle’s most threatening competitors in the database space include Amazon (AMZN) and Microsoft (MSFT) that offer web-based solutions that are far cheaper than the products that Oracle has sold for many years. This year, Oracle formally announced what it calls its 18c database. I would rarely choose to write an article commenting on just another database from Oracle. It is after all what it does. I think, however, that this product is both innovative and has the potential to change the market dynamics for the company in a visible fashion.
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source http://news.statii.co.uk/can-oracle-really-return-to-significant-growth/
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