Oracle takes on Amazon Web Services with new cloud platform

Redwood Shores, Calif. – Amazon just obtained a new competitor for its Amazon Web Services cloud hosting and development platform. Oracle is going head-to-head with Amazon with a slew of more than 24 new additions to the Oracle Cloud Platform.



Oracle’s new integrated cloud services include infrastructure, platform and software delivered as a service. Specific cloud-based services include hosted Exadata-based production databases, archive storage, Big Data, enterprise mobility, and application integration.



Oracle says it offers the same products, with 100% compatibility, in the cloud and on premises, which means that companies can move to and from the cloud without changing applications. Furthermore, workloads can be moved to the cloud instantly.



“Oracle is growing really fast,” said Larry Ellison, CTO of Oracle, in public remarks. “Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier and it’s one-tenth their price.”