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~Capital Risk Management ~Investment Decision ~Asset Allocation ~Investment & Quality Analysis ~Due Diligence ~My Tweets are not recommendation for Buy/ Sell

Sep 16, 2020, 6 tweets

@Oracle may not have been one of the biggest beneficiaries of the tech stocks rally in 2020 year of the pandemic
But @Oracle is certainly on its way to create a Billion-Dollar Cloud Customers in @zoom_us and @tiktok_us

Customers are picking #OracleCloud Infrastructure and the #Oracle Autonomous Database for very basic and very obvious reasons: much better security, much better reliability, much better performance and dramatically lower cost than @awscloud

And that's why many customers are moving entirely from @awscloud onto the Oracle Cloud. In fact, there is not a major video conferencing company that isn't talking to Oracle about moving to the Oracle Cloud.

With large accounts like #Zoom and #TikTok already in its bag

these are some interesting times for @Oracle

Additional Revenue from housing @tiktok_us data on Oracle’s servers would provide a major lift to the database company’s cloud efforts, which lags far behind those of its rivals.

The deal would also take business away from @Google and @awscloud competitors that have counted #TikTok as a major customer in the past year or two as the app grew.

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