While the overall cloud infrastructure market is booming having reached $30 billion last quarter worldwide, Oracle is struggling with market share in the low single digits. It is hoping that the Zoom and TikTok deals can jump start those numbers, but trying to catch the market leaders Amazon, Microsoft and Google, never mind several other companies ahead of it, is going to take a lot more than a couple of brand name customers. In spite of that, Oracle founder and chief technology officer Larry Ellison gushed in a September 19 press release about how TikTok had "chosen" his company's cloud infrastructure service.
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