Executive Chairman of the Oracle Board and Chief Technology Officer Larry Ellison
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Oracle’s cloud infrastructure service is still far behind Amazon. But that does not prevent Larry Ellison, the billionaire co-founder of Oracle, from seizing all the available opportunities to brag about his cloud over the competition.
At the end of Oracle’s quarterly earnings conference call on Thursday, Ellison made a veiled blow to Amazon Web Services, which suffered a major outage this week, shutting down a wide range of websites and internet services and eliminating them. critical tools used by Amazon’s own delivery. workers.
Ellison didn’t specifically refer to the blackout, but it doesn’t take much reading between the lines to understand its meaning.
“Let me close with a note that I will paraphrase from a very large telecommunications company that uses our cloud and the other three North American clouds – Google, Amazon and Microsoft,” Ellison said. “And the note basically says that the only thing we noticed about Oracle, Oracle’s cloud, is that it never goes down. We can’t say that about other clouds. that it is an essential differentiator. “
Oracle shares rose 11% in extended trading Thursday after the company reported better-than-expected earnings for the fiscal second quarter. Before the close, the stock was up 38% this year, beating Amazon’s 7% gain.
Looking back, Amazon has been the best bet for a long time, with AWS largely turning Oracle’s cloud infrastructure business into an afterthought. Over the past decade, Amazon stocks have risen 1,700%, while Oracle’s market capitalization has tripled. And in the last quarter, AWS revenue jumped 39% to $ 16.1 billion. Oracle’s revenue in the quarter increased 6% to $ 10.4 billion.
According to Synergy Research Group, AWS controlled 33% of the global cloud infrastructure market at the end of the second quarter, followed by Microsoft at 20% and Google at 10%. Four other companies sit between Google and Oracle in terms of market share.
This has never stopped Ellison in the past. On a 2016 earnings call, Ellison told analysts, “We run the Oracle database much better than Amazon.” He went on to say in 2018 that Amazon would have a hard time getting out of Oracle’s database, referring to a CNBC report that Amazon was seeking to stop using Oracle’s technology. That same year, at the big Oracle user conference, Ellison spoke out against the security of Amazon’s cloud.
Even before his closing remarks Thursday, Ellison made unflattering comments for his biggest rival during the call for results. Discussing which databases Oracle supports versus Amazon, Ellison said that Oracle’s technology is superior, especially when it comes to the MySQL managed database.
“We have MySQL, but our version of MySQL is much better than Amazon’s version of MySQL,” Ellison said. “Much faster. I mean, more than ten times faster.”
An AWS representative did not immediately respond to a request for comment.
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