Oracle, which has cloud deals with AT&T (T.N) and Bank of America (BAC.N), is a late entrant to the cloud business and has been trying to catch up with rivals such as Amazon.com (AMZN.O), Microsoft (MSFT.O) and Salesforce.com (CRM.N). Oracle Chairman Larry Ellison said some of the company’s largest customers have now begun the process of moving their on-premise Oracle databases to the Oracle Cloud. AT&T is moving thousands of databases and tens of thousands of terabytes of data into the Oracle Cloud, Ellison said. …read more
Source:: Yahoo Finance
