Oracle leans on private cloud to fortify enterprise security, data sovereignty

“We expect that private clouds will greatly outnumber public clouds,” Oracle Chairman and CTO Larry Ellison said Monday.

Dive Brief:

• Oracle Chairman and CTO Larry Ellison touted the advantages of private cloud for enterprises concerned about cybersecurity and data sovereignty, speaking Monday during the company's Q1 2025 earnings call.
• “We expect that private clouds will greatly outnumber public clouds,” Ellison said. “They're becoming so inexpensive that anyone can decide, ‘OK, I want to move to the cloud. I want all the advantages in the cloud, but I want to make sure that I'm the only one in the cloud.’”
• Oracle saw its cloud revenue increase 21% year over year to $5.6 billion for the three-month period ending Aug. 31. The company expanded its public cloud footprint over the last year through hyperscaler alliances that place Oracle database infrastructure inside AWS, Microsoft Azure and Google Cloud data ...