In this vendor ranking segment from the Acceleration Economy course The Cloud Wars Top 10: How It Works, Why It Has Shifted, & How CXOs Use It, I share what differentiates Oracle, which is #4 on the Cloud Wars Top 10 ranking.
This episode is sponsored by Acceleration Economy’s “Cloud Wars Top 10 Course,” which explains how Bob Evans builds and updates the Cloud Wars Top 10 ranking, as well as how C-suite executives use the list to inform strategic cloud purchase decisions. The course is available today.
Highlights
Oracle has an incredible amount of momentum right now, with its growth rate exceeding its Cloud Wars competitors and still accelerating. This is one of the reasons it’s #4 on the Cloud Wars Top 10 list and the hottest cloud vendor today.
- In what has been a three-company market, I recently added Oracle as a fourth hyperscaler.
- Oracle isn’t nearly as large as Microsoft, Google Cloud, or AWS, but its growth rate is accelerating while the others are moderating.
- When Oracle started in the cloud infrastructure business, it did the same thing as everyone else. But Larry Ellison changed Oracle’s approach to drive greater value for its customers. As a result, Oracle has built a $5 billion infrastructure business that’s growing at 77% per month.
- Oracle also made a specific choice to have hundreds of smaller data centers around the world, while its competitors have dozens. This model can address latency, data sovereignty, privacy, and regulatory issues.
- Its industry business and partnerships with FedEx and JP Morgan Chase are creating hubs of commerce within healthcare, financial services, and logistics. Oracle Alloy is a major part of those partnership initiatives.
Because of the company’s continuing growth and innovations, Oracle CEO Safra Catz is still proving why she earned the Cloud Wars CEO of the Year award in 2022. It’s fun to see perceptions shattered about a company that’s been around as long as Oracle has.
