Today the OMC group had an all hands briefing. The first since the leadership of Oracle Marketing Cloud (OMC) was unceremoniously decapitated on Dec 4, 2017. Almost 2 1/2 months later, the OMC had their all-hands full business unit meeting to address the new leadership. On the call this was referred to as the "shotgun" relationship that this leader was thrown into with the OMC group. Much to his surprise, OMC is a bright spot in the Oracle CX group, which will now include OMC. Service, Sales and Marketing will make up the new Oracle CX "front office" offering. There is so much more to say, but suffice to say: Pollyanna has her golden socks on and she is out sprinkling magic pixie dust all around. The party line is that Oracle rumors of change are coming. They will be good for the business. There was no denial. Just lots of new products coming and change coming and to that leadership is "super excited!"
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You know that there is trouble ahead when the 3 stooges roll out the propaganda machine to make it seem like everything is great and encourage people to be honest - these fools just don’t seem to understand that it’s like shouting from the hilltops that oracle’s business is going down the drain and the SEC is bearing done on them. S---ing too much of their own exhaust the 3 stooges. Down she goes MS Oracle with LE at the helm
The strategy since MH took over is: 1) Acquire companies that are either SaaS or could be integrated into a SaaS offering like Eloqua and Netsuite; overpay for them, go into debt if necessary; 2) Layoff as many R 3) Celebrate temporary margin improvement and flat revenue (declining on prem hardware/software offset by growth in SaaS) and tell Wall Street everything is OK; 3) Lie about capital investment in Cloud and supposed new data centers (remember the Utah data center?) while getting outspent on IaaS infrastructure by AWS and Google by 1000% (3 billion vs 30 billion); 4) Rip off your existing customers as much as you can through what Gartner calls "draconian audits" and customer-hostile licensing policies (e.g. it costs double to license Oracle on AWS vs on prem, you must license your entire data center if you have VmWare, etc). 5) Dupe Wall Street and cash in your $100,000,000 stock options.
These things all produce temporary sales and margin improvement, but 2018 is the year that things start to fall apart. Without experience salespeople, there will be no sales. Without capital investment in data centers and other IaaS infrastructure, Oracle will not improve from their current 0.3% of the market. We are just entering a period of many years of significant revenue decline. Customers are fleeing Oracle as they can't stand how Oracle treats them. Remember, IBM experienced revenue declines every quarter for 5 straight years.