In what is definitely a move that further signifies the increasing significance of cloud computing and SAAS (software as a service), Oracle announced at Oracle Open World that their database product would allow backup to Amazon’s S3 storage service.
Read more about it onOracle’s Technet Cloud Computing Center
Whether this takes off for large enterprises remains to be seen but it is definitely worth looking into for small to medium sized businesses. Now data storage and maintenance does not have to be onsite, nor does the business have to incur the expense of hardware, support and staff.