Oracle Enters Expensive Cloud 'Arms Race' with New Data-Center Expansion Plan
Oracle is stepping up its efforts in the race to conquer the cloud. Steve Daheb, Senior Vice President at Oracle Cloud, was with us to explain the company's latest strategy to take on big cloud players such as Amazon and Microsoft.
Oracle recently announced it was expanding automation beyond the database to make all Oracle cloud platform services 'self-driving.' Oracle is applying A.I. and machine learning to its entire next-generation Cloud Platform services. Daheb breaks down how this will give Oracle an edge against Amazon, Microsoft, and other competitors.
Oracle also announced plans to quadruple its giant data-center complexes over the next two years. This could be a costly project. Daheb explained the company's strategy as it enters the expensive cloud arms race.
Conditions have been mostly nice for travelers flying ahead of and on Christmas Day, but some naughty disruptions plagued those flying with Southwest Airlines again this year.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.