Thread regarding Oracle Corp. layoffs

Oracle losing market share = more layoffs

MH strategy has been to hire college kids to replace seasoned professionals. This occurred in the good times when Oracle held the dominant place in the data market. Now it looks as if we have a real contender to take the dominant spot. NoSQL is gaining ground in the traditional market space. What happens when Oracle starts losing its support revenue stream as customers can finally have an alternative to move to?

MH has just one button he pushes to solve problems. Its the big red riff button. I bet he pushes it more frequently when times are tough. Now lets see a bright new NoSQL competitor that can do everything Oracle can, cheaper, better, faster in the cloud, on prem, hybrid everywhere you want to be... and its easier to use for developers. Everyone loves this new startup as much as they hate Oracle.

https://investorplace.com/ipm_ipo_pb/mongodb-ipo-oracle-corporation-orcl/

MongoDB IPO: Is This the Oracle Corporation (ORCL) Killer?

The timing looks spot-on for this fast-growing database operator

By TOM TAULLI, InvestorPlace Writer & IPO Playbook Editor https://investorplace.com/?p=1033033

MongoDB, which operates a next-generation database platform, has gone public with the ticker symbol of MDB.

MongoDB IPO: Is This the Oracle Corporation (ORCL) Killer?The company is the mastermind of serial entrepreneurs Dwight Merriman, Eliot Horowitz and Kevin P. Ryan, all of whom helped launch other leading companies like DoubleClick and BusinessInsider.

What Is MongoDB?

As for MongoDB, it was launched back in 2007. The focus was on creating a database system that would meet the onerous needs of modern web apps. What’s more, in order to accelerate the adoption of the technology, the company leveraged the open source model. In other words, the company made the software free to download so long as developers agreed to donate their own work to the project.

The strategy has certainly paid off in a big way. Consider the following metrics:

Over 30 million downloads in more than 85 countries.

More than 4,300 customers and over 50% are from the Fortune 100.

296 customers pay at least $100,000 in subscription fees.

And yes, the company has posted strong top-line growth. During the first half of this year, revenues shot up by 51% to $68 million.

Now, regarding the MongoDB database, it is a blend of traditional and new approaches (that is relational and NoSQL databases). According to the S-1: “Our document-based architecture enables developers to manage data in a more natural way, making it easy and intuitive for developers to rapidly and cost-effectively build, modernize, deploy and maintain applications, thereby increasing developer productivity. Customers can run our platform in any environment, depending on their operational requirements: in the cloud, on-premise or in a hybrid environment.”

It’s a powerful value proposition. In fact, MongoDB could be a threat to some of the legacy players like Oracle Corporation (NYSE:ORCL). For the most part, it looks like the database market is facing the most significant changes in decades. As a result, it can be tough for legacy operators to retool their solutions.

Something else: The market opportunity for MongoDB is enormous. Based on research from IDC, the global spending came to $44.6 billion in 2016 and it is forecasted to hit $61.3 billion by 2020. Some of the key drivers include cloud computing, the growth in social networking and mobile apps, Artificial Intelligence (AI) and the Internet of Things (IOT).

https://www.fool.com/investing/2018/01/17/1-major-threat-oracle-investors-cant-afford-to-ign.aspx

Oracle (NYSE:ORCL) has often been thought of as having one of the wider economic moats in tech. An economic moat is a competitive advantage that shuts out competition and can lead to high profits. In Oracle's case, these are its databases, the software-server combination where companies store their most crucial data. Databases are thought to be "sticky" products, which means that it's hard for customers to leave. This is because they are crucial to business operations, and have traditionally been both difficult and risky to swap out.

Oracle doesn't break out database revenue specifically, but databases are estimated to make up about half of Oracle's $39 billion in revenue. That dominates the industry, with over 40% market share as of 2016. But could Oracle's dominance now be under threat?

Sayonara, Oracle?

As technology has improved and cloud computing has taken over, large cloud companies have been looking for ways to breach Oracle's extremely profitable database castle. These aren't small, sc-appy upstarts either -- although there are those as well.

The Information recently reported that it had learned cloud giants Amazon (NASDAQ:AMZN) and Salesforce (NYSE:CRM) were working on ways to wean their internal operations off Oracle databases.

Amazon Web Services already offers competing database products, one of them called Redshift -- already a veiled reference to "shifting" away from "big red," or Oracle. However, Amazon was founded in the 90's, well before AWS existed, so there are likely many legacy Oracle databases still in use at Amazon.

Salesforce not only wants a less expensive database itself, but also competes with Oracle in the CRM software space. So, by using Oracle, it's also partly funding its competitor. The Information thus reported that Salesforce is working on an internal database product called Sayonara which the company is just starting to deploy.

Therefore, not only could Oracle be losing two of its biggest customers, but Amazon and Salesforce could also potentially market their solutions to Oracle's current customers -- something Amazon is actually already doing.

Add in Microsoft (NASDAQ:MSFT) making rapid progress on its Dynamos database product for Azure cloud, and the recent IPO of open-source database disruptor MongoDB (NASDAQ:MDB), and Oracle investors should be concerned. The news sent shares down about 2% the day it came out.

The sky isn't falling, but cloudy

It should be noted that even with large, technologically advanced companies trying to wean themselves off Oracle, the process is long and difficult. Amazon not only has its own database-migration product, but has also been exploring alternatives to Oracle since the early 2000s, according to the report, and it's still not completely off Oracle. Salesforce, with its newly implemented Sayonara product, hopes to be completely off Oracle by 2023. That shows just how difficult it is to change your database if you are a large company with tons of historical data that needs to be secured and tracked.

https://www.businessinsider.com/mongodb-university-training-program-2018-7

MongoDB University, a free online training program from $2.7 billion database company >MongoDB, has surpassed 1 million registrations.

MongoDB has been gaining traction with developers as the company looks to take on more established rivals like Oracle and Microsoft.

The accessibility of MongoDB University has made the platform easier to learn, at the same time the program is getting more popular.

More than 1 million people have registered for courses teaching how to use MongoDB, the database company that's gaining traction with developers even as it gains ground on Oracle and Microsoft.

The company told Business Insider on Thursday that MongoDB University, a series of free online courses teaching users how to use the open source database platform, has surpassed 1 million registrations.

The increasing popularity of MongoDB University has helped the platform, which was founded in 2007, take off with developers as an alternative to Oracle and Microsoft's older and more established database programs, which were originally created to deal with more rigid types of data.

According to Stack Overflow's annual developer's survey, MongoDB is the fourth most popular database, behind Oracle's MySQL, Microsoft's SQL server, and PostgreSQL. The company says that more than 40 million people have downloaded MongoDB so far.

The company sees the success as a sign of its traction with developers — and of how MongoDB is becoming a desirable skill for anybody trying to further their career.

'We have examples of people in small countries who are trying to level themselves up to improve their career opportunity. We have large enterprises using nothing but MongoDB University to train their team. And this is because we decided to invest in making it as easy as possible to learn how to use MongoDB," Vice President of Education Shannon Bradshaw told Business Insider.

Looks to me that we have some serious problems ahead for Oracle....

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Post ID: @OP+UFShUdq

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or maybe they just make an offer to MDB they can't refuse. O has historically tried (mostly unsuccessfully) to buy their way into every other enterprise sw market so now that they can't even compete in DB this is the logical next step. OR they don't care about the drain because they will have already taken the money and ran before it hits the boiling point.

Doubtful. MH is not a bright man. MongoDB knows they can take down Oracle and will be very unlikely to sell. It would be more fun to feed MH his own words one customer bite at a time

https://www.barrons.com/articles/oracle-ceo-hurd-feature-poor-mongodb-unlikely-to-take-share-1509041521

At some point, I asked Hurd for a quote about MongoDB (MDB), the database startup that went public last Thursday.

MongoDB’s CFO, Michael Gordon, had taken several swipes at Oracle. It doesn’t seem like Hurd cared much, if he noticed at all, but I was curious to hear what he might think about the company, and he was kind enough to indulge me.

“What I remember about it is three numbers,” Hurd Said. "100, 200, 100."

"A hundred in revenue, 200 in expenses, a hundred million in losses."

The numbers in the company’s amended prospectus are slightly different. They show a hundred million dollars in revenue for Mongo in the fiscal year ended in January, $157 million in expenses, and a loss of $86 million. But Hurd’s right about the overall breakdown: small revenue, heavy expenses, big losses.

Hurd’s larger point was that the company’s growth rate has been slowing, even though it’s in a huge market. "I remember their growth rate halved, last year; So, you’re in a $40 billion market, and, when you’re growing at 25, 30%, it’s a long way to becoming meaningful."

The way Hurd sees it, to even touch Oracle in the market, MongoDB would have to first successfully come after a company like Microsoft (MSFT), which has the number two relational database platform, SQL Server.

Going after the number two vendor would be “the natural play,” for an up-and-comer like MongoDB, he believes, given SQL Server is “lower-featured” compared to Oracle.

"So, you’d say, that would be the first target."

“Do I think MongoDB is going to take share from SQL Server? Not really."

"I think it’s really hard. I think SQL Server’s got too many features, too much capability, there’s too much programming around it.” Hence, for current Microsoft SQL Server customers, it becomes a matter of "Why shift?” To which the answer, in Hurd’s view, would be, there’s no compelling reason.

MongoDB, opined Hurd, is no more likely to take share than is Amazon’s (AMZN) Red Shift and Aurora database offerings, which also do not have the installed base of programmers and application support and tools that SQL Server and Oracle DB offer.

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Post ID: @5bdx+UFShUdq

or maybe they just make an offer to MDB they can't refuse. O has historically tried (mostly unsuccessfully) to buy their way into every other enterprise sw market so now that they can't even compete in DB this is the logical next step. OR they don't care about the drain because they will have already taken the money and ran before it hits the boiling point.

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Post ID: @1skv+UFShUdq

I am a long time Oracle DBA. Now skilled in MSSQL, Postgresql and so-so in mongod. What's killing Oracle isn't other databases but Oracle itself. They have been threatening customers and fooling with flip-flop licensing terms. Every database has its niche. Technically, the market is big enough to provide fair opportunities for everyone. Blame it to poor business model and constant layoff that impacting morale and ruining the quality of the product. I still think the Oracle database engine is the best but unbearable to work with Oracle support and their sales folks. On the cloud side, AWS definitely killing Oracle Cloud if it even existed in the metric. Database field is a very experience oriented field, college kids will really need to see and learn case by case basis. It will be a decade-long before they can be called experienced dba. But with that high frequency of layoff, Oracle will be in constant learning mode.

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Post ID: @itr+UFShUdq

What will kill Oracle is all of those data base systems all ready to run on AWS.

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Post ID: @idy+UFShUdq

You get what you pay for. All MH does is manage via spreadsheet. He's not a visionary but instead he is a numbers guy. He is the guy to bring in if a company needs to flip this house and do a quick fix up job. He is a ruthless cutter. He's just the wrong guy for the O job unless his goal is to just reduce the costs to the organization. He would probably be better off running a company like JCPenny or KMart and Sears as they race to cut costs and show profitability. O needs someone like Satya. Hire one of your best engineering leaders as CEO to right the ship.

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Post ID: @zkd+UFShUdq

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