Oracle Corp. Chairman Larry Ellison launched 18c at less than half the price charged by Amazon.com Inc. late Sunday, to target cyber security and it comes with ‘highly automated’ security in self-driving database.
Kicking off Oracle’s ORCL, +1.02% Open World conference in San Francisco on Sunday, Ellison introduced the Oracle 18c, the first fully-automated database system, which he claimed had 99.995% reliability, which translates into a downtime of less than 30 minutes in a year.
“This is the most important thing we have done in a long, long time,” Ellison said.
“If you eliminate human labor, you eliminate human error,” he said. “By the way, it’s always embarrassing for me to admit this, but my autopilot flies my plane a lot better than I do.” In the 18c, all database administration is automated.
Ellison claimed that the 18c’s reliability is better than Amazon’s AMZN, +0.18% Redshift warehousing service, which claims more than 99% reliability, because Amazon’s figures exclude downtime for adding computing or storage capacity, planned maintenance, upgrades and patching, regional outages and software bugs. For the 18c, those instances of downtime are eliminated because of its automated design, he said.
But the biggest challenge Ellison posed to Amazon was one of cost, citing his system’s automated nature.
“We guarantee our bill, our bill will be less than half of what Amazon would charge you,” Ellison said.
“You take a Redshift Amazon database workload that’s already running at Amazon and you move it to the Oracle autonomous database and we will guarantee in writing, contractually, before looking at the workload, that any of those Redshift workloads will move to Oracle and your bill will be one half or less than what Amazon charges you,” Ellison told the crowd. “We will write that in your contract.”
Ellison said the 18c will be available for data warehousing in December.
Automation will not stop there. Ellison also said he would introduce an autonomous cybersecurity system on Tuesday at OpenWorld. The conference lasts until Thursday.
In mid-September, Oracle’s stock had its worst day in four years, dropping 7.7% to close at $48.74, following the company’s reduced outlook, but many analysts still increased price targets. On Friday, shares closed at $48.35, but are still up 26% this year.