Wow. This is a rather big announcement for the tech-industry and the entire Silicon Valley.
Oracle is the latest tech company to relocate from California to Austin, Texas.
reports CNBC.
Source: Oracle is moving its headquarters from Silicon Valley to Austin, Texas
It sound’s odd and definitely wrong. At 43.000 participants in 2018 at a registration fee of $1.799, that’d be $77.357.000 of revenue, which is hard to believe Oracle and IBM together cannot top. Still, it’s s still a totally fascinating thought about size of cloud and how dominant AWS is in that business.
It’s a huge effort considering the scale of the project and the relevance of customer data for Amazon. Given their cloud business and it’s maturity – AWS is more than 10 years old by now and leading the pack – this move seems overdue.
Amazon.com Inc. has taken another step toward eliminating software from Oracle Corp. that has long helped the e-commerce giant run its retail business.
Source: `Keep Talkin’ Larry’: Amazon Is Close to Tossing Oracle Software – Bloomberg