Oracle Keynote at Cloud Expo 2010

"We've been fairly quiet," said Rex Wang, VP of Infrastructure and Management at Oracle, as he gave the Morning Keynote at the Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA.

Wang was referring to Oracle's relative silence to date vis-a-vis Cloud Computing. His intention, he said, was to share with the assembled delegates Oracle's thoughts on the space...

Rex Wang with Jeremy Geelan, Cloud Expo Conference Chair, during his keynote at the Santa Clara Convention Center

According to IDC, Wang notes, Cloud-related spending constitutes only only 5% of total IT spending in 2009, which in four years will double to 10%...but even so, 90% will still be "traditional" IT spending.

Oracle is the exclusive Diamond Sponsor of the upcoming Cloud Expo, which will take place April 19-21, 2010, at the Jacob Javits Convention Center in New York City.

Until now Oracle has been fairly quiet, Wang repeated, but Oracle's position and thinking is clear: Oracle wants to make the Cloud  "fully enterprise grade."

Oracle already delivers Cloud services, Wang said;  But Oracle will always give its customers the choice as to whether to use private or public cloud.