Oracle sometimes uses high-pressure sales tactics to sell its cloud IaaS offerings, including software audits or threatening to dramatically raise the cost of database licenses if the customer chooses another cloud provider. Customers should be cautious of these tactics, thoroughly understand their options and evaluate the risks of adopting Oracle Cloud at this stage of its maturity
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Hello thete
I don't think LE can come clean. I think the dirt is long time embedded and no way it will just wash off.
Don’t forget why this is all happening. LE has pledged Billions of dollars of his stock to secure personal credit lines to pay for his lavish life style. He needed a Cloud stock valuation so he proceeded to use cloud washing for the Company’s sales practices to prop up the stock price. Total fraud in my opinion and he should be forced to step down and come clean.
@TqBbcxs-wpk: no doubt the best argumwnt so far.
Fake news.
I would think that other CFOs and IT directors would then shy away from purchasing Oracle products. After all, they don't know what tricks are left in Oracle's bag and they don't want to lose their jobs. Oracle is a bad bet for them.
I wouldn't be surprised if the million dollar audits have cost the jobs of a few CFOs and IT directors along the way. No company wants to be suddenly surprised with a multi-million dollar bill they were not expecting, especially something like $50 million dollars as in the article.
This is how many reps made their cloud numbers and cloud gates. Trigger the audit, get the customer scared, and then show them a way out and how to comply by purchasing cloud. Once that rep cleared out their patch and every customer hated Oracle, they found a new job with a real company. Meanwhile the unsuspecting new rep out of college had no idea why these customers hate Oracle. He/she heard Oracle was a great company to work for. Usually in less than a year, these reps found a real job.
pretty accurate depiction of the issue
This is lifted from Gartner's 2018 IaaS Magic Quadrant piece
https://www.gartner.com/doc/reprints?id=1-2G2O5FC&ct=150519&st=sb