https://www.cnbc.com/2018/08/01/amazon-plans-to-move-off-oracle-software-by-early-2020.html
Jeff Bezos
Getty Images
Jeff Bezos
Amazon's emergence as a major provider of data center technology has turned many of its longtime suppliers, including Oracle, into heated rivals.
Now Amazon is dealing yet another blow to Oracle. The e-commerce giant, having already moved much of its infrastructure internally to Amazon Web Services, plans to be completely off Oracle's proprietary database software by the first quarter of 2020, according to people familiar with the matter.
The shift is another sign of Amazon's rapid ascent in enterprise computing and further shows how much Oracle is struggling to keep pace as businesses move workloads to the cloud and away from traditional data centers. Propelled in part by expansion at AWS, which reported 49 percent revenue growth for the second quarter, Amazon passed Alphabet earlier this year to become the second most valuable publicly traded company in the world.
Meanwhile, Oracle is about the same size it was four years ago and the stock is just above where it was trading at the end of 2014. Oracle shares dropped by about 1 percent after the initial report Wednesday.