Salesforce To Compete With Oracle - Salesforce.com Inc. (CRM) Chairman and Chief Executive Marc Benioff on Tuesday announced a database-as-a-service product that he hopes will take business away from Oracle Corp. (ORCL) and Microsoft Corp. (MSFT), in a market estimated to be worth more than $20 billion. Benioff announced Database.com to a crowd of 14,000 at the company's annual customer meeting in San Francisco. Customers will access the product, stored on Salesforce computers, over the Internet as part of a trend known as cloud computing. "Databases need to be in the cloud," Benioff said, referring to the emerging market as a "massive" market opportunity. "You can use Database.com from any language, from any device." The news comes amid the rapid growth of cloud computing. Global revenue from cloud services is expected to grow 16.6% to $68.3 billion this year, and more than double to $148.8 billion by 2014, according to technology consultancy G...
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