Oracle's New IaaS Offering Is Taking Way Over the Market
The Oracle will soon propose new IaaS offers an unbeatable price: 20% less than the AWS mwanwhile offering twice the power, memory and four times more storage. Oracle takes care of its cloud branch, allowing it to hold its own in the game. Despite a slight increase in turnover (3%) in the 1st quarter of 2017, the publisher must indeed face a decline in sales traditional licenses and physical activity.
For its part, the cloud segment reported revenue growth of 61% year on year, reaching today nearly $ 970 million. This success is mainly based on SaaS and PaaS offers the group show an increase of 79%. IaaS generated $ 171 million over the period (an increase of 10%).