One of the founders of computer technology corporation
Oracle has announced new Infrastructure-as-a-Service (IaaS) solutions that target competitor Amazon Web Services (AWS). Oracle, which has headquarters in Redwood City, California, United States, offers “optimized and fully integrated stack of business hardware and software systems”. Its global customer base includes "100 of the Fortune 100". News of the company’s new offerings was announced by the company’s CEO, Larry Ellison at Oracle’s OpenWorld 2016, which is currently taking place until September 22, 2016 in San Francisco, California, United States.
Oracle has put considerable effort into becoming a major cloud player, and its new “second-generation” IaaS offering is promised to be cheaper and perform better that AWS’ offerings. Mr. Ellison told those gathered at OpenWorld last Saturday that the company intends to establish a network of highly-redundant data centers and offer cloud options with more resources than those available through AWS’ platform and at approximately 20% less cost to users. The hardware and software Oracle utilizes for its cloud will also be available “on-premise” and on a subscription basis.
“Maybe this is the most interesting thing,” explained Mr. Ellison in his speech. “Our new second generation data centers offer twice as many cores as Amazon. Twice as much memory as Amazon. Four times as much storage as Amazon. And more than 10 times the IO capacity than Amazon. But you have to be willing to pay less.”
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