The CTO of a 120-year-old company explains how yanking out most of its Oracle technology after a surprise $1 million bill is helping it move faster with Amazon's cloud (ORCL)

The CTO of a 120-year-old company explains how yanking out most of its Oracle technology after a surprise $1 million bill is helping it move faster with Amazon's cloud (ORCL)

Business Insider

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· Hans Wald, chief technology officer for 120-year-old company Thomas, put his company's entire IT operations on Amazon's cloud back in 2013, when the cloud market was young.
· Six years later, in 2019, he had the ultimate moment of vindication. When Oracle handed him a surprise $1 million bill, the cloud meant that he was...

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