Oracle Secure Cloud launching in the next couple of weeks
While coverage ahead of Oracle’s fiscal third quarter results yesterday focused on it losing ground to younger cloud rivals Oracle has announced it's Oracle Secure Cloud, which will be available in the next few weeks.
“After a long period of testing … Oracle’s cloud applications will be generally available. We’ve named our cloud the Oracle Secure Cloud,” Oracle CEO Larry Ellison said during yesterday’s analyst call about its Q3 results.
Designed to be rented by the month and managed by Oracle the private cloud will live behind a company’s own firewall in their data center. “Salesforce.com does not offer this kind of security in their cloud. This is a key advantage for us,” Ellison said during the call yesterday. “But by far our biggest application competitor is SAP, not Salesforce.com. And SAP does not even offer CRM, HCM and financial applications in the cloud to their large customers.”