Oracle Unveils 'Cloud In A Box'

Oracle Corp unveiled a new all-in-one product to help companies manage so-called 'cloud' computing.

Chief Executive Larry Ellison opened Oracle's annual technology and user conference on Sunday by revealing Exalogic, which combines server, storage and networking technology with Oracle's software, that companies will use to run their business applications.

Ellison attempted to wrest control of the term 'cloud,' a word that's meaning is the subject of much debate, as he described Exalogic as a 'cloud in a box.'

"The whole idea of cloud computing is to have a pool of resources that is shared amongst lots of different applications inside your company," he said.

He said Exalogic takes advantage of virtualisation technologies and is elastic enough to meet surges in demand for computing power within companies.

Ellison hopes to double the size of Oracle's hardware business, taking share from IBM and others.

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