As Oracle Deepens Its Partnership with AWS, Here’s How You Should Play ORCL Stock

Oracle (ORCL), the erstwhile database powerhouse and now a serious cloud player, has made it known to the market that it has not forgotten its roots. The latest deal with Amazon.com (AMZN) Amazon Web Services proves it. The Larry Ellison-led company's Oracle AI Database has extended its partnership with the cloud leader, with the enhanced capabilities now available in 22 AWS regions.

Elaborating on the deal, Nathan Thomas, senior vice president of product management at Oracle, said, “Just one year after general availability, Oracle AI Database@AWS has reached global scale, with customers running business-critical workloads, and 22 AWS Regions available across Asia Pacific, Europe, and the Americas. This momentum demonstrates that enterprises want a simpler, lower-cost path to modernize their most important Oracle workloads within AWS environments. With the global reach and innovative new services we have made available over the last year, we are delivering that path and enabling more and more customers to put AI to work on live business data and build new applications without re-architecting or compromising performance.”