Oracle announces a ’turning point’ in cloud computing services

Oracle has announced the launch of a new cloud computing service that would allow companies to place Oracle cloud servers within their own data centers. According to Oracle, this new approach is ‘essentially turning one of the basic concepts of cloud computing inside-out’, and it is mainly intended to respond to the needs of organisations that have not adopted cloud computing so far because of business, legislative or regulatory requirements related to the location of the cloud servers.