/Oracle%20Corp_%20logo%20on%20phone-by%20WonderPix%20via%20Shutterstock.jpg)
Oracle (ORCL) and Amazon (AMZN) have come together to accelerate progress on one of their projects, namely building a private and high-speed connection between AWS Interconnect-multicloud and Oracle Cloud Infrastructure (OCI). The move is part of Oracle’s ambitions to deeply embed itself into the ecosystem of hyperscalers, making it a win-win scenario for all parties involved.
Oracle benefits from this as it doesn’t try to compete with the likes of AWS, Alphabet’s (GOOGL) Google Cloud, and Microsoft’s (MSFT) Azure. Instead, it is positioning itself as a layer in the same ecosystem, so that it doesn’t have to force customers away from the strong hyperscalers. This also increases the company’s addressable market.