Oracle Announces Exalogic Elastic Cloud at Openworld
At his Sunday night Keynote Larry Elison defined cloud computing to be like Amazon's EC2 service not like SalesForce.com application. (Amazon Elastic Compute Cloud (Amazon EC2) is a web service that provides resizable compute capacity in the cloud. It is designed to make web-scale computing easier for developers.)
Then Larry announced the new Oracle Exalogic Elastic Cloud which consists of servers, network storage, middleware, VM, Operating System.