Nerval's Lobster writes "Oracle CEO Larry Ellison used his opening keynote at Oracle Open World (OOW) to unveil several initiatives to accelerate the cloud, including its own private cloud, Infrastructure-as-a-Service, and its latest database version—which, coincidentally, can be stored in memory within Oracle's latest Exadata database machines. Ellison also paid tribute to Oracle hardware partner Fujitsu, which had earlier announced 'Project Athena': a server designed with a UltraSPARC chip that (he claimed) can run the Oracle database 'faster than any microprocessor on the planet.' Ellison opened OpenWorld with four key announcements: that Oracle is now offering infrastructure as a service; that it will complement the IaaS offering by allowing customers to run that same infrastructure behind their corporate firewall as a private cloud; the launch of Oracle database 12C (where the 'c' stands for 'cloud'); and, finally, the new Exadata servers, which barely use disk drives at all in-favor of in-memory storage, with flash memory as a fallback."
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