I don't know Oracle, but I would assume that it supports the same
general features as MSSQL - full, differential and log backups, log
shipping, point-in-time recovery etc. The terminology may differ, and
since both products have very different architectures and storage
mechanisms, I'm sure the implementation of backup/recovery is different
in both cases anyway.
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This comparison of SQL2005 and Oracle appears to be more even-handed
and accurate than most; although I haven't read all of it, it does
cover backup/restore specifically:
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