Thread regarding Oracle Corp. layoffs

My advice; leave Oracle, and don't Look back

"In 2016, Amazon (AMZN), Microsoft (MSFT), and Google (GOOG) collectively spent $31.5 billion, the majority of which went on to build data centers. In comparison, Oracle spent a meager $1.7 billion on increasing its cloud data center capacity last year."

Oracle is doing everything wrong. It is not lead by visionary technologists, it is lead by a CFO and a number's guy and Larry, who still really doesn't get the cloud. Its speaks to the cloud with no infrastructure and thinks it will make money in India.

http://marketrealist.com/2017/06/do-oracles-data-centers-give-it-an-edge-over-its-peers/

The same customer'sOracle has turned its back on in the US for on Premises sales are the same ones they expect to sell to for the cloud. Oracle has not put the customer first

"These offerings from dominant cloud players like Amazon and Microsoft have increased the competition in the database space. They’ve also made customers aware of, and keen on, the migration concept. Increased cloud adoption has also added fuel to Oracle as cloud computing allows companies to pay only for their usage in real time."

Customer's are keen to get off of the Oracle database or limit its use to a "by the hour" cost model. Postgres, Greenplum, Redshift, Aurora, Netezza, SAP HANA and a host of new arrivals (MemSQL) and NoSQL databases are continuing to encroach on Oracle's market share.

But the main problem is not Oracle's technology or the problems it faces from competition. Its the erosion of the core principles that made Oracle great. Like business value selling and putting the customer first (or at least trying to look like you are). "If you don't buy cloud, we don't want to talk to you." Is the current message conveyed by field sales.

Contrast this with AWS 14 core principles.

https://www.amazon.jobs/principles

Oracle's leadership is literally doing everything wrong. Its like they read through AWS list and made sure to do the exact opposite. I'll just list the first two:

Customer Obsession

Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over customers.

Ownership

Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company, beyond just their own team. They never say “that’s not my job".

Oracle focuses on the current QTR and the cloud. It does not have a long term vision (its not investing in cloud like the competitors) It is not servicing is customers. Its cutting quality in Sales and Support... the two critical and key touch points with all its customers.

It does not take a rocket scientists to calculate Oracle's long term trajectory. Its headed straight for the garbage.

"Marc Andreessen famously wrote an article for the Wall Street Journal titled “Software is Eating the World”. This phrase helped shape a generation that thinks differently about IT. It encapsulates an important concept: there will not be a market in the world that will not be disrupted in some way by software.

Over the past decade, there has been a shifting state of established market leaders from market dominance to—in some cases—extinction. Companies are now constantly challenged to compete at the pace of change of a startup, coupled with competing against the clout of “Internet scale.” Regardless of who said it first, if you are not embracing technology to deliver value to your customers, then you are losing out to someone who is."

So long.. Oracle it was nice knowing you... or rather it was interesting knowing you, sad to see you lose your mind, and self destruct.

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Post ID: @OP+NZuycsc

9 replies (most recent on top)

well over half of ERP cloud customers are DOA-FINANCIALLY ENGINEERED BOGUS CONTRACTS. Customers only signed them because they received discounts for products they actually utilize. i.e On-Premise. Oracle already hit the iceberg and the titanic is taking on water.

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Post ID: @1qan+NZuycsc

Oracle is $ driven only, no interest in or concern for customers beyond separating them from their $, cha ching, cha Ching

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Post ID: @1btr+NZuycsc

The 'numbers guy' who runs the company is female.

In a position to know that about what I am talking about, Oracle is customer driven and only customer driven. Cloud investments are a decade old at this point and maturing rapidly.

Whatever role you played at Oracle must have been very limited and of a very short duration, with minimal visibility. What you describe is remotely recognizable by me as Oracle, but something else entirely.

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Post ID: @1zbn+NZuycsc

Agree, the worst and best career move I ever made

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Post ID: @ngz+NZuycsc

Oracle stopped being a good company more than a decade ago when it started acquiring other companies, stopped giving raises and only thought about the bottom line. They did not listen to all customer complaints and now are suffering. Companies do not like doing business with Oracle because they make the selling process difficult.

I left Oracle this year. There ARE better companies to work for.

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Post ID: @wir+NZuycsc

Yep, well said, stupid is as stupid does. A self destruction for the record books

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Post ID: @ukp+NZuycsc

No longer competitive in the US and Europe, oracle takes aim at developing markets like India. Talk about going downmarket

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Post ID: @hjb+NZuycsc

“We are truly an integrated American Indian company,” Oracle’s CEO Safra Catz said in her keynote address at the recently-concluded event. Catz also said that India is “potentially” the largest market in the world for the company.

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Post ID: @glf+NZuycsc

http://bwcio.businessworld.in/article/Oracle-points-to-the-Cloud-to-help-Indian-companies-prepare-for-GST-/13-06-2017-120026/

At its OpenWorld event held between 9 – 10 May in New Delhi, Oracle made a number of announcements on cloud computing and said cloud was the way to go for Indian companies who are preparing for GST and tax reforms. Oracle’s focus on cloud is evident with the significant announcements it made at its maiden OpenWorld event in the country.

“We are truly an integrated American Indian company,” Oracle’s CEO Safra Catz said in her keynote address at the recently-concluded event. Catz also said that India is “potentially” the largest market in the world for the company.

It announced the availability of Oracle Enterprise Resource Planning (ERP) Cloud in India to help companies prepare for the country’s transformational tax reforms – Goods and Services Tax (GST). “Global adoption of our leading Oracle ERP Cloud continues to accelerate. We expect this trend to grow in India as customers can now take advantage of Oracle ERP Cloud’s comprehensive tax management capabilities, fully integrated with core ERP functions, to help make better business decisions and address regulatory changes driven by the new GST,” said the 55-year-old CEO.

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Post ID: @qdc+NZuycsc

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