Perhaps it's a Christmas miracle - Larry Ellison gave the OK to Cloud Computing!
Oracle CEO Larry Ellison seems to have changed his tune about Cloud Computing. Previously Ellison had not been overly enthused in public about the delivery model, despite investing in both Salesforce.com and NetSuite as a shareholder. But his concern when it came to Oracle's own offerings was that he couldn't apparently see how to make as much money out of Software as a Service as he could from on premise applications.

