@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
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
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.
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.
the #ORCL stock is quoting at its 52 week high of $60 as I write this article and market cap of $184 Billion, 2021 could be the year of @Oracle
@threadreaderapp
Unroll
@threadreaderapp
Unroll
• • •
Missing some Tweet in this thread? You can try to
force a refresh
