If yesterday’s conference call with investors is any indication, Oracle’s obsession with Amazon Web Services (AWS) is only growing. That’s probably not surprising, given the former’s decision to invest heavily in its infrastructure-as-a-service (IaaS) business as a way to offset declines in revenues for its licensed software business.
But Oracle still has a long way to go before it will be ready to give the likes of AWS a run for its money in the IaaS space. Oracle chairman and CTO Larry Ellison (pictured above) made repeated references to AWS during yesterday’s call. The company also touted an increase of 62 percent in its quarterly cloud sales over the same period last year, reaching $1.2 billion for its fiscal 2017 third quarter that ended Feb. 28.
PaaS and SaaS Lead the Way
While that appears to be an impressive growth spurt in a relatively short time, that still leaves Oracle way behind Amazon’s cloud business, which reported $3.6 billion in quarterly sales, a 47 percent jump in growth compared with a year ago.
However, Ellison chose not to focus on Oracle’s software-as-a-service (SaaS) business or its platform-as-a-service (PaaS) business, which together represent the bulk of its revenues. Rather he focused on the company’s relatively smaller IaaS business, which generated
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