A more trickily written article you could not find. Oracle is busting their humps to get major ESC on their clouds but they've missed the chance on some of the really outlandishly big fish.
Time will tell if they manage to met BofA or a similar ultrabig FI and that could be called a success, but short of that all they can do is pay folks to write wrongheaded quarterly analysis and say "gosh isn't this better than Amazon?"
Which is totally absurd. Comically so.
And from the perspective of actually using their tech, you're better off scooping a mug of old compost and dumping it in a sizzling pan of oil and letting the oil spatter burn you. It will be a more enjoyable experience.
Growth rate is a nonsense metric. If you're starting from nothing and invest a shitload of money in sales you'll have an amazing growth rate. IBM and Oracle are both way behind azure, google and aws.
I have a friend who works at IBM he tells me that IBM uses Google cloud for some of their stuff. The irony when you are a cloud provider but use another service.
I mean, that in and of itself ain't really ironic. Lots of cloud providers out there just resell abstractions around / improvements upon other cloud providers. Cloud66 is one with which I'm familiar; their whole business model revolves around wrapping AWS with CloudFoundry-like deployment mechanisms specifically for Ruby codebases (and Docker containers, but I never interacted with them in that capacity).
>"The figures come even though--as mentioned in the earnings report headline--Oracle's SaaS/PaaS revenue rose 77% in dollars and 79% in CC, totaling $798 million "
$800 million from their cloud offering in a single quarter is nonsense?
Maybe not, but that number doesn't tell the whole story. This is revenue. How much are they spending on R&D, infrastructure, marketing, etc. for their cloud business? How fast is that spending's growth in relative to the revenue?
Just like IBM is the leader in cloud solutions, did you hear? It's smoke and mirrors to make sure that when the next quarter rolls around, they have some growth to show in what the market believes is "the next big thing".
IBM is such a leader in cloud computing that they have their employees use Box instead of SoftLayer. Any company that can't even eat their own dog food are incompetent and should be avoided.
http://realmoney.thestreet.com/articles/09/15/2016/oracles-c...