[NikolaNovak]

I think that's a perspective of people who compare Oracle Cloud IaaS offering to AWS, and find it deficient.

But I don't think that's the actual Oracle Cloud play, for the most part. To the best of my awareness, their cloud is realistically focused on hosted applications and SaaS - HCM Cloud, PeopleSoft Cloud, etc.

As such, their customers are not so much folks and small companies whose client-managed VMs may go down. Their customers are more likely to be large corporations whose Enterprise Resource Planning applications are fully hosted and may be impacted - Financials Management, Human Capital Management, Customer Relationships Management, etc.

I think for the most part Oracle Cloud does not have the same sales pitch and does not compete, for all practical sense, to AWS/Azure/GCP IaaS.

I could be wrong! There might be tons of clients who are renting bare VMs for Oracle! But to your point, I don't know why :P