REDWOOD CITY, Calif.- Cloud computing was the primary focus of a media day for journalists here at Oracle headquarters yesterda. A bevy of Oracle executives starting with CEO Mark Hurd detailed the company’s progress and product offerings in the cloud during the event that also featured several customers.
Most companies haven’t fully committed to the cloud and Hurd said this hybrid approach of on-premises and cloud computing is likely to remain popular for the next decade. “Most of our competitors are either all on premises or all cloud,” he said. “The fact that we can do both and let our customers go back and forth and manage it all from a single pane of glass is a key differentiator for us.”