Sorry, is this meant to be a confirmation or a rebuttal of GP's statement?
Personally I found it shows Oracle is more of a data center company than I had realized.
I'm sure there's other devils hiding in details, but that alone would make it a very tempting target for orgs that want to move off-prem to chase the 'move to cloud' 'KPI' 'Synergy' but still have a bunch of trash queries/etc running under the covers, with the additional benefit of you are safer when the sales/legal folks from licensing visit your offices for renewals and the like.