Enterprise spending is not supporting enormous costs of the Oracle systems with high price tags and licensing agreements. It will get worse with new competition in database. Microsoft aiming at Oracles bread and butter.
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"Gave away"? Implies oracle even had a chance. AWS made the market. Everyone else is late to the dance.
Oracle was so so late with a passable IaaS offering it laughable gave market away to aws
No, IaaS is the reason. AWS is eating all enterprise vendors' breakfast, lunch and dinner.
Uphill battle for Oracle
http://searchcloudcomputing.techtarget.com/news/450402358/Oracle-IaaS-has-foothold-with-legacy-shops-plays-catch-up-to-AWS
I also think people underestimate how many customers want alternatives to Oracle.
I work for Oracle and I will not recommend, buy or use Oracle products because of high price and lousy support. If you are a big bank or strategic customer, you will get a dedicated TAM to support your account. SME are screwed because there is no easy escalation path to Oracle.