Oracle's Ellison Stakes Out Territory in the Cloud - Arik Hesseldahl - News - AllThingsD

Excerpt from an overview of the Oracle OpenWorld 2012 opening keynote

"Ellison disclosed four new Oracle products and services, including a new version of its database software dubbed 12c — the C is for “cloud” — that he said is tuned for the kind multi-tenant environments common in the cloud computing world where software runs not only across several machines, but different physical locations.
Ellison also announced a new version of Oracle’s ExaData database machine, one which loads numerous databases that a company might use into a single machine. Ellison said the machine is designed to run databases “in memory” meaning that they rely less on conventional hard drives and more on huge banks of flash memory chips. "

Oracle's Ellison Stakes Out Territory in the Cloud - Arik Hesseldahl - News - AllThingsD