Larry Ellison

Oracle founder and CTO Larry Ellison said Oracle’s new cloud database has nearly 1,000 paying customers.
The company also said there are nearly 4,000 trials of it going on at other companies.
Ellison said that the all-important product, representing the tech titan’s cloud ambitions, was “the most successful introduction of a new product in Oracle’s forty year history.”
And he discussed one customer that ditched arch-rival Amazon Web Services in favor of Oracle.

Oracle founder and CTO Larry Ellison has been talking up his latest, greatest database for a couple of years now — but on Thursday the company gave an update as to how well the recently introduced cloud version is selling.

Oracle calls this product the Autonomous Database, because it automatically applies security patches and “tunes” itself to improve performance. The database was first announced in 2017, but a new service that Oracle calls Gen2, which offers the database in Oracle’s cloud along with a bunch of special security features, was announced in October.

As part of the company’s FY 2019 third-quarter earnings report, Ellison said on Thursday that the database now has nearly 1,000 customers, and is undergoing 4,000 user trials elsewhere.

“It’s early days, but this is the most …read more

Source:: Businessinsider – Tech


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