Oracle's Cloud Strategy
For years, Oracle has been in the second tier of cloud providers, behind Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, which account for over 60% of the global cloud infrastructure services market.
The cloud market is growing rapidly, with a 25% annual increase, and generated over $99 billion in revenue in the second quarter alone. Oracle's Oracle Cloud Infrastructure business pulled in $7.2 billion in revenue, a 28% year-over-year jump.
Oracle is leveraging all of its advantages to build a different cloud.
Author's summary: Oracle gains ground in cloud market.