Every so often I click in "Related Companies" to see what's going on around the industry. The move to the Cloud and specifically behemoths Amazon, Microsoft and Google is wiping out the traditional on-prem / integrated stack players. Some are in even worse shape than Oracle. There is truly (figuratively speaking) blood in the streets. It is an upheaval of epic proportions. It is time for adaptation. But even for those of us who adapt, let's be real. There are only so many heads needed in The Cloud. And it will get more and more that way as automation of many aspects of development and operations in The Cloud reduce the need for us humans. Scary shyte!
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Oracle could have a fantastic cloud. They have the financial resources to do so. The problem is they're squandering time and money in not starting with the basics of a solid IaaS and going from there. Without a solid foundation they have nothing. They need new leadership at the highest levels, especially in engineering....
Yes, they could do it if they had the right engineering management. But, the idiots that pass themselves off for engineering directors all have their heads up their asses. They have no idea what they are doing. They got to their positions by s---ing up to the narcissistic management above them, not by actually doing anything. Directors always reward the "yes"-men below them regardless of what they actually do.
The oracle cloud is and will be a disaster. They'll have to buy their cloud from someone else and then the takeover that will be done by the narcissistic idiots that run engineering will destroy whatever they buy. There is no future at Oracle if you really want to learn and grow your development skills in that area.
Oracle could have a fantastic cloud. They have the financial resources to do so. The problem is they're squandering time and money in not starting with the basics of a solid IaaS and going from there. Without a solid foundation they have nothing. They need new leadership at the highest levels, especially in engineering and they need to build out their capacity much more in advance so customers can use their cloud credits NOW until 3 or 6 months from now when SC gets around to building the capacity. Oracle also needs to invest in their own data centers instead of subleasing capacitors from others. This is not a market they are going to compete with on the cheap. They talk about all of their great margins but they will only maintain those margins by cherry picking customers who will pay for credits and not use them.
Do they really want to compete in this market to win or do they just want to tell Wall Street what it wants to here so they can pump up the stock price? I'm really disappointed in Oracle's leadership. The never ending sneaky layoffs are the canaries in the goldmine. Laying off expensive, experienced talent for cheaper, inexperienced talent is all about buying Oracle time. MH will keep cutting because they have no other choice. They've written a check to Wall Street and they need to make sure it doesn't bounce.
Excellent explanation, @PtJD89P-qhi. Hope you don't mind me making it a thread.
Smith Corona anyone?
Evolve or die.
I hear they are bringing back the typewriter because ink on paper can't be hacked.
Smith Corona anyone?
Evolve or die.
The only thing constant is change. If you aren't being proactive then you're waking up and wondering who moved your cheese.
Yes it's a changing business, none of which justified the A:hole way that oracle is handing this - avoiding WARN NOTICES, layoffs via recorded group calls, the extent of severance, no warning that layoffs are coming. None of this sh-- is justified by broader changes; this behavior goes to the A:holes who are running the place.
@PtJD89P-qhi - Truth!
If you look back a couple of decades, you'll see that the electronics manufacturing industry went through a similar shift. Having in-house manufacturing capability was expensive and wasn't central to the business. Contract manufacturers, due to their scale, could offer higher quality and lower prices. So the on-premise manufacturing of things like computers and cell phones shifted to the largest and best contract manufacturers. A much smaller group of people (e.g Foxconn employees) still have electronics manufacturing jobs, some former on-premise employees shifted their roles into positions like design/manufacturing liason and everyone else had to adapt/find a different career path.
Cloud is a similar story. It is a major shift and it will dramatically change the IT landscape including the new number and kind of jobs that are available. Only Amazon, Microsoft and Google are investing the kind of money necessary to be major IaaS/PaaS players. SFDC, Workday and Oracle currently have a shot at significant SaaS revenue. And there will be others that carve out a niche here or there. There will also be those who embrace the new normal to become create new successful businesses (Netflix, Uber, Niantic, Spotify etc.).
In terms of there only being limited demand in Cloud roles, that will be true. One choice is to sort out which businesses you believe will make it/you would be interested in working for and then making a plan to land a job there. Another option is to look at how consumable, plentiful Cloud resources coupled with enabling increased speed/scale and smarts (i.e. analytics/machine learning) is creating new roles that one could retool for and/or is launching the next wave of successful businesses.
It is scary, but this type of shift has happened before and will happen again. The key is to recognize it and to try to be proactive in charting a path for yourself instead of having the shift limit your options.