Oracle Takes the Fight to Amazon With New Aggressively Priced Cloud Services

The 24 new services announced by Oracle earlier this week are steeply discounted compared to Amazon Web Services' prices. Oracle used a similar strategy earlier this year for its engineering systems product line. It is worth noting that the engineered systems product line is currently Oracle's second highest growth priority after the cloud computing market. The repetition of this aggressive pricing strategy in Oracle's two biggest focus areas indicates its determination to achieve fast revenue g...