Oracle: Our database is one tenth the cost of AWS

Prophet has swiped at cloud contender Amazon Web Services (AWS), guaranteeing its new robotized database is one tenth of the cost.

The burrow from co-CEO Mark Hurd came after Oracle discharged inconsistent quarterly numbers, with cloud income up yet new permit and equipment income down.

Talking on a profit call, interpreted by Seeking Alpha, Hurd talked up Oracle's new independent database.

Amid its past quarterly outcomes Oracle credited an easing back of cloud deals to the foresight of the database, which propelled toward the beginning of the year.

"The astounding thing about the self-ruling database is that it is the main database on the planet that requires no human work to manage," he said.

"Prophet has a speedier database than Amazon, it's no enormous amazement there, however the intriguing thing [is that] Amazon charges incrementally and we charge incrementally; our costs are basically the same or sufficiently close.

"In the event that we run 10 times speedier, we are one tenth the cost of Amazon's database. We've experienced all the general population benchmarks - you can go and take a gander at them - we're one tenth the cost."

For the three months finishing 28 February Oracle saw income up six for every penny year on year to $9.8bn (£6.9bn).

Cloud income rose 32 for each penny to $1.6bn, while equipment deals fell three for every penny to $994m and programming deals were up four for each penny to $6.41bn. New programming deals fell two for every penny, in any case.

On-commence programming income still records for 66% of Oracle's aggregate, however Oracle said 85 for every penny of its clients are still to move to the cloud, making an "enormous opportunity".

Prophet's offer value fell right around seven for each penny in night-time exchanging.

Angela Eager, explore executive at TechMarketView, featured that Oracle's cloud business is reliably moderating.

"At the point when Oracle discharged Q2 brings about December we anticipated knocks along its cloud street however for the current monetary year they are less knocks but rather more a nonstop slide in light of the fact that the rate of cloud development has decelerated in each quarter," she said.

"At the point when the organization announced Q3 income the previous evening, it demonstrated cloud development of 32 for every penny to $1.6bn, speaking to 16 for each penny of aggregate income, which was lower than the 44 for each penny development of Q2 and 51 for each penny of Q1.

"Taking a gander at Q4, the rate of cloud development is relied upon to be bring down again with direction of 19 to 23 for each penny. This comes even with substantial obligation interest in cloud resources and individuals in the course of recent years."