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Oracle makes perfect sense in that they are 1) a massive datacenter company, and 2) sell a variety of saas products to enterprises, which is a major target mark
by Octoth0rpe 2y ago
Oracle makes perfect sense in that they are 1) a massive datacenter company, and 2) sell a variety of saas products to enterprises, which is a major target market for AI.
- mrbungie 2y agoOracle has 2-3% market share as a Cloud Provider. MSFT or even Google (AWS is not as mature in that space imho) made perfect sense, Oracle doesn't. Elon and Larry are good friends, I would guess that has something to do with this development.
- Octoth0rpe 2y ago> Oracle has 2-3% market share as a Cloud Provider. And the market leader is what, 30%? about 1 order of magnitude. That's not such a huge difference, and I suspect that Oracle's size is disproportionate in the enterprise space (which is where a lot of AI services are targeted) whereas AWS has a _ton_ of non-enterprise things hosted. In any case, 2-3% is big enough where this kind of investment is 1) financially possible, 2) desirable to grow to be #2 or #3
- mrbungie 2y agoGetting from 2% (Oracle) to 10% (GCP) market share would need 37.97% CAGR in 5 years. In a vacuum where everything else keeps the same, maybe, but I see that goal as very difficult to attain in what is a highly competitive industry right now. Disclaimer: I work at a highly regulated industry and we are fine running our "enterprise" workloads in Azure (and even AWS for a spinoff company in the same sector). Oracle has no specific moat in that area imho, unless you already locked-in in one of their software offerings.