Larry Ellison says Oracle will 'write into your contract that your bill will be half' of what you'd pay Amazon, as the database giant announces new cloud products

Larry Ellison also said Oracle is giving free access to its cloud and database platforms, and unveiled a new autonomous operating system.

Larry Ellison, Oracle executive chairman of the board and chief technology officer, delivers a keynote address during the 2014 Oracle Open World conference on Sept. 28, 2014 in San Francisco, California.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

Oracle founder and chief technology officer Larry Ellison unleashed a new offensive against cloud rival Amazon Web Services, introducing a new autonomous operating system and a guarantee to Amazon clients that they would pay much less by using Oracle cloud. A highlight of Ellison's speech was the unveiling of what it touted as the world's first autonomous operating system, that will automatically be maintained and updated and will not require manual management. This operating system is based on Linux, the free and open source operating system that's ubiqitious in server rooms and data centers around the world.

The announcement highlights a key theme of Oracle's strategy to expand its presence in the cloud, the creation of a new cloud model based on automation technology and AI. Last year, the company unveiled the Oracle Autonomous Database, which it said will not require any human-based management.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A senior VP at Oracle says that its unexpected Microsoft alliance is a step towards breaking Amazon’s control of the cloudAn Oracle cloud executive said the tech giant’s enormous customer base gives it a huge edge in the long-term battle with Amazon.
Read more »

Ken Burns’ ‘Country Music’: 10 Things We Learned From Week 1From the godlike popularity of Roy Acuff to how Bob Wills ended up in space, highlights from the first four episodes of the documentary
Read more »

Oracle, VMware agree to deal on cloud technology, technical supportOracle Corp and VMware Inc on Monday announced a deal designed to resolve years ...
Read more »

Amazon reportedly tweaked its search results to promote more profitable productsAmazon changed the algorithms that power its product-search system to favor the company's own products, The Wall Street Journal reported.
Read more »

The Pied-a-Terre Tax Is Making A Comeback. Is The Third Time The Charm?The pied-a-terre tax has reared its head again, with New York Sen. Brad Hoylman announcing a renewed fervor to see his bill through to fruition.
Read more »