Oracle reported its quarterly results, beating guidance as a result of strong cloud results.
On September 16, Oracle announced a new, free tier of cloud services, paired with credits developers can use for additional options. Free plans come with two virtual machines with 1/8 OCPU and 1 GB of memory each, along with the choice of Autonomous Transaction Processing or Autonomous Data Warehouse.
Oracle’s Larry Ellison introduced the Generation 2 Cloud at Oracle OpenWorld 2018 yesterday with a primary emphasis on security. “Other clouds have been around for a long time, and they were not designed for the enterprise,” Ellison said.