Oracle, which once shuddered at the idea that cloud computing was the wave of the future because it was cutting in on its heavy-metal on-premises systems, now embraces its new business model—cloud services—as if all that history never happened.
There’s lots of evidence about this old criticism 10 years ago of the biggest trend in IT since client-server; you can look it up. We all make mistakes, and companies and founders of companies are no exceptions. Good thing for Oracle shareholders that the company saw the light a half-dozen years ago, read the trend correctly and came up with its own cloud service business (in 2012) before it was too late.
Advancing the timeline to Feb. 12, 2018, Oracle President of Product Development Thomas Kurian (who wasn’t with the company back when it was criticizing clouds, by the way) demonstrated the latest advances in Oracle Cloud Platform at the CloudWorld conference in New York City.
Visit the source: http://www.eweek.com/database/oracle-turns-on-autonomous-capabilities-throughout-cloud-platform