The software giant drops one spot on the ranking this year as it fends off competition to its cloud storage business from the likes of Amazon and Google. But co-CEOs Safra Catz and Mark Hurd are attempting to meet the challenge head-on: Oracle has announced plans to invest heavily in artificial intelligence and automation, and this year launched a blockchain-as-a-service enterprise cloud platform. Both revenues and market cap have held relatively steady, up 1.8% and 1.7%, respectively, since this time last year.
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This is your Data Sheet newsletter for Monday, April 15, 2019.
“A lot of the technology we have in other parts of Google apply to enterprise,” says Thomas Kurian.
The Joint Enterprise Defense Infrastructure cloud—yes, that's JEDI for short,—will be the main data repository for U.S. military services worldwide.
This is your Data Sheet newsletter for Friday, March 15, 2019.