Oracle hasn't even officially released its 12c database yet, but CEO Larry Ellison has already revealed plans for the version that will follow, 12.1c, which apparently will be Oracle's most direct response yet to SAP's HANA in-memory platform. Oracle Database 12.1c will be a "columnar, compressed, high-speed, in-memory database," Ellison said during Oracle's quarterly earnings call Thursday. "One reason I was confident SAP HANA could never compete with Oracle was because of 12.1c."