Zoom out of the privacy debate? Into the Oracle Cloud!
In the last few weeks Zoom has had bad press. Some information came to light, in which Zoom was proven to have been seriously neglectful and careless in handling and protecting user data. Rumours have it that Zoom web conferences are also running on servers in China. The company reacted immediately. At least the accusing voices are quieter again. Therefore the message: “Zoom out of the data protection discussion, into the Oracle Cloud” is important news.
Tonight the companies Zoom and Oracle published a joint deal: Zoom switches to the Oracle Cloud. The deal is said to increase the data volume by a factor of 30. This is not surprising on the one hand, but on the other hand it is an unimaginable magnitude.
The stock information portal onvista writes today in an announcement from Reuters that it would be about 7 million gigabytes per day. It further reports: “The service has so far been running on a mixture of its own data centers and cloud computing services from Amazon Web Services and Microsoft’s Azure. Oracle was brought on board to handle the processing power of the thirty-fold increase in data traffic resulting from the coronavirus outbreak. According to the company, online video calls rose from 10 million in December to 300 million per day today.
The current price of the Zoom share has risen significantly again. After it had briefly dropped due to the above-mentioned announcements. Anyone who bought shares in February for around 75 euros should be satisfied with the development to 146 euros today (29.04.2020).
With the apparently extremely quickly settled zoom deal, a building block for future growth should also have been laid for Oracle. It remains to be seen whether the usage volume will remain as high. Or in other words: How far will the use of Zoom decline again in the next few months?
But it does not always have to be Zoom:
If you want to avoid this tech giant despite the “zoom out of the data protection discussion into the Oracle Cloud”, here are some alternatives.
Note: This is a machine translation. It is neither 100% complete nor 100% correct. We can therefore not guarantee the result.