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Home » Oracle Jumps to #3 on Cloud Wars Top 10, Pushes AWS Down to #4
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Oracle Jumps to #3 on Cloud Wars Top 10, Pushes AWS Down to #4

Bob EvansBy Bob EvansJune 24, 2024Updated:June 24, 20242 Mins Read
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Welcome to the Cloud Wars Minute — your daily cloud news and commentary show. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud.

The AI Ecosystem Q1 2024 Report compiles the innovations, funding, and products highlighted in AI Ecosystem Reports from the first quarter of 2024. Download now for perspectives on the companies, investments, innovations, and solutions shaping the future of AI.

In today’s Cloud Wars Minute, I discuss Oracle’s rise to number three on the Cloud Wars Top 10, which reflects its innovative edge and strategic partnerships.

Highlights

00:23 — Due to its remarkable recent performance, I’ve moved Oracle up on the Cloud Wars Top 10 from number four to number three. And as a consequence, AWS moves down from the number three spot to number four.

01:10 — I’m perfectly aware that AWS’ revenue is five times that of Oracle Cloud. But there are other factors including customer-centric vision. We see that in what Oracle has done in its recent partnerships for multi-cloud services with Microsoft and Google Cloud. We’ve seen it in its range of deployment options. It is evolving its technology where customers want it and need it. That is a big differentiator.

02:06 — Look at what Oracle is doing with its Alloy program, where it’s helping some customers become tech cloud providers, whether for regulatory or regional reasons. There’s market momentum. In its most recent quarter, its remaining performance obligation rose 44% to $98 billion.

Ask Cloud Wars AI Agent about this analysis

03:17 — The new order of the first five companies in the Cloud Wars Top 10 is: One, Microsoft; two, Google Cloud; three, Oracle; four, AWS; five, SAP. Three of the top five are what some people used to call legacy companies: Microsoft, Oracle, SAP. It wasn’t so long ago that some of these so-called experts were saying, “Oh, these companies don’t get the cloud. They won’t make it. They can’t manage it.”

04:17 — Audacity counts for something. A few years ago, Larry Ellison said, “We’re going to go right up against three of the biggest, most well-entrenched, wealthiest, and most influential corporations in the world: Microsoft, Amazon, Google. We’re going to take them on in cloud infrastructure.” And they’ve done that very successfully by doing things differently.

05:47 — I’ll have a longer article today that goes into great detail about this. We’ve got comments in there from Oracle CEO Safra Catz, Oracle executive vice president Jason Maynard, and a video interview with Maynard as well.


WATCH MORE CLOUD WARS MINUTES HERE.

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Bob Evans

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Cloud Wars Founder Bob Evans actively analyzes the Cloud and AI categories through video reports, in-depth analyses, and interviews with the Cloud and AI market’s leaders and innovators. He’s also the creator of the Cloud Wars Top 10, a ranking and ongoing analysis of the world's most influential tech companies driving digital business and the digital economy. Bob is recognized as a world-class strategic communicator focused on emerging business strategy, disruptive innovation, and forward-looking leadership.

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