Executive vice president of Oracle’s cloud infrastructure unit, Don Johnson stated “With this alliance, our joint customers can migrate their entire set of existing applications to the cloud without having to re-architect anything, preserving the large investments they have already made,” as per reports.Redmond, Washington-based American multinational technology company Microsoft (MSFT) develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services. To learn more about Microsoft (MSFT) and to track their progress please visit the Vista Partners Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website:www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!
Will Microsoft & Oracle’s Joint Cloud Services Change The Cloud Computing Arena?
Microsoft (MSFT) and Oracle (ORCL) have reportedly come together with a goal of to enhance their cloud computing services with high-speed links between both company’s data centers which is believed to enable them to pitch & to a greater degree win large businesses and government organizations opportunities. The pact would allow users to get support and log into the services with a single user ID from either of the company. The services are due to start being offered in the eastern United States and gradually move to other regions. They union expect to take a bite out of Amazon.com’s Amazon Web Services business. Earlier, Microsoft had marked a deal with SAP SE, German Software maker, and Adobe Inc. to boost up its services. Also, Oracle has been facing tough competition in the database market from AWS, the largest cloud computing provider.Juneweek2(1)