BOSTON (Reuters) - Oracle Corp <ORCL.O> is preparing to expand its offerings in cloud computing, one of the fastest-growing areas of the technology sector, the company said on Wednesday ahead of a speech by Chief Executive Larry Ellison.
The company released a short statement saying that Executive Vice President Thomas Kurian would provide a "technical deep dive" on the offerings to media and analysts following Ellison's speech to customers at the technology giant's annual users conference.
Oracle, which offers a wide variety of software and hardware used in corporate data centers, has lagged behind rivals including Salesforce.com Inc <CRM.N>, Amazon.com Inc <AMZN.O> and Google Inc <GOOG.O> in offering cloud computing services to its customers.
Two company officials declined to describe the new offerings.
(Reporting by Jim Finkle; Editing by Phil Berlowitz)