Oracle has announced a strategic partnership with Amazon Web Services to integrate its database offerings and cloud infrastructure with Amazon’s cloud platform. This move follows similar partnerships Oracle has made with Microsoft and Google Cloud. Although Oracle’s own cloud platform has a low market share, these partnerships allow the company to offer its database customers new options while also making it more challenging to convince them to use its own cloud platform. The new partnership, coined “Oracle Database@AWS,” will provide access to Oracle Autonomous Database and Oracle Exadata Database Service within AWS, creating a unified experience for customers across Oracle Cloud Infrastructure and AWS.
Oracle’s fiscal first-quarter revenue of $13.3 billion, a 7% increase, beat Wall Street’s expectations. Cloud services revenues also rose by 21% to $5.6 billion in the quarter. Larry Ellison, Oracle’s chairman and chief technology officer, credits the growth in Oracle’s database business to its partnerships with Microsoft and Google. The new agreement with AWS is seen as a significant milestone in the MultiCloud Era. The partnership will offer customers the ability to use multiple clouds, providing more flexibility and options for managing their databases and cloud infrastructure.
Larry Ellison and AWS CEO Matt Garman are scheduled to discuss the new partnership at Oracle CloudWorld. This partnership is seen as a way for Oracle to evolve in the face of the rise of the cloud, which has impacted the company’s traditional database business. The partnerships with Microsoft, Google, and now Amazon allow Oracle to remain competitive and offer customers more choices while navigating the changing landscape of cloud computing. The agreement with AWS will simplify database administration, billing, and customer support for customers that want to utilize both Oracle and AWS cloud services.
The new partnership with Amazon Web Services has caused Oracle’s shares to jump 9% in after-hours trading. Oracle’s financial performance in the first quarter exceeded expectations, with revenue and profits both showing growth. Cloud services revenues in particular experienced a significant increase, demonstrating the impact of the partnerships with other cloud providers on Oracle’s business. Larry Ellison’s strategic moves to collaborate with major cloud players like Microsoft, Google, and now Amazon show Oracle’s commitment to adapting to the changing dynamics of the cloud industry and leveraging these partnerships to drive growth and innovation in the MultiCloud Era.
The partnerships with major cloud providers signal Oracle’s shift towards becoming a feature on other platforms rather than a standalone platform. This change allows Oracle to serve its customers more effectively by offering more integrated solutions across multiple cloud platforms. Larry Ellison’s leadership and vision have played a crucial role in driving these strategic partnerships with industry leaders like Microsoft, Google, and Amazon. By aligning with these key players in the cloud computing space, Oracle is positioning itself to remain competitive and relevant in the rapidly evolving cloud market. The new partnership with AWS is a testament to Oracle’s ability to adapt and innovate in response to changes in the technology landscape.
