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Ellison Opens Oracle OpenWorld With Oracle Database 18c Debut

Oracle founder and CTO Larry Ellison devoted his keynote speech to demonstrating the capabilities of the newest release of Oracle's flagship product – and took some shots at cloud competitor Amazon Web Services along the way.

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Cost

Oracle will write into its 18c contracts a guarantee to bill at least 50 percent less than what AWS would for the same database workload.

To customers who move workloads to Oracle's autonomous database from Amazon, "we guarantee contractually your bill will be half or less what Amazon charges you," Ellison pledged to rousing applause from his partners and customers.

Oracle Database 18c actually prices its services at roughly the same rate as AWS products. But it runs database functions so much faster, the actual cost is "a fraction of what Redshift costs at Amazon, or a fraction of what other databases cost at other clouds," Ellison said, referring to the AWS data warehouse service.

Customers also save money with its dynamic provisioning of resources at "the moment they're needed, but not a moment sooner," Ellison said. "So you'll only pay for what you use."

That doesn't even get into labor costs, which the automated capabilities drastically reduce, he said.

 
 
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