If you're in the cloud, make sure you have a parachute. Gravity is a killer.
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MH has to be one of the most clueless and unknowledgeable executives I've ever come across.
Consider CEO Mark Hurd's utterly baffling comments in mid-June about the hottest technology in enterprise computing today—AI, or Artificial Intelligence—in which he not only dismisses the term "AI" in favor of his market-of-one preference for the term "pattern matching," but also says that the big objective for AI is to weave it into applications.
Stating the stunningly obvious during a CNBC interview, Hurd—who could have said anything under the sun about this truly transformational technology—could come up with only this: "We believe the application of AI, pattern matching, whatever word you want to use for the technology ... is really getting it integrated and embedded into the applications."
I thought I recall hearing an interview with MH where he claimed Oracle could deliver cloud services at lower cost than Amazon and the other top cloud providers. In that same interview I believe he also claimed that they could do this because they have fast systems in their cloud environment. Talk about a bunch of BS.
@eaz no startup would use Oracle's cloud. Maybe those startups at the India incubator Oracle started. They would just give it to them for free. They probably hate it. It's probably hard to find real fortune 500's using their cloud. You can do a large licensing deal and throw cloud in and make it look like there is high demand for the product but in reality if customers are not consuming it, then Oracle has a major problem on its hands as those customers aren't likely to renew.
Oracle cloud is what is hanging over the gulf right now ...
@odr find me one startup on Oracle cloud. Startup = limited funds, your best bet is an AppEngine solution if your funds are limited. AWS is the second best. We do not even enter a calculation for startups....
Oracles cloud is so expensive. I even priced AWS against DELL and HP and I was closer to 10 to 20x more expensive. Cloud is
Not cheap but it's fast. It's only cheaper if you are a startup or don't have a data center.
The only company making money in cloud is Amazon and its supporting its retail operation and Whole Foods which just slashed prices.
Customers are quickly finding out that cloud is 5x as expensive with less performance than comparable cloud offerings. Just run the numbers.
What oracle cloud? You mean the stock manipulating cloud washing. That is going to be a very hard fall from $50 to zero in seconds. By far exceeding the normal speed of gravity. The splatter will be splendid
OMG, THE cloud... What a scam.
The Wall Street will have a rude awakening very soon.
You will never be safe as long as you are with Oracle.
It has been going down for the past three years, in case you have not noticed. There is zero vision from the CEO on down. "Innovation" is just a thing people tell themselves to make them feel good