Cloud computing will allow Oracle to lease its business
software and distribute it over the Internet. CEO Ellison says Oracle now has
world's 'most comprehensive' cloud computing.
The concept of leasing software applications reachable on
any Internet-connected device is known as "cloud computing."
It's an idea that Ellison has frequently mocked as a passing fancy, but his
comments Wednesday made it clear that he realized some time ago that the trend
had become a serious business.
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