In case you were wondering...
Oracle Corp. executive Thomas Kurian’s leave of absence, disclosed last week, stemmed from differences with founder Larry Ellison over the software maker’s cloud business, according to people familiar with the matter.
https://www.bloombergquint.com/business/2018/09/12/oracle-s-kurian-is-said-to-take-leave-amid-discord-with-ellison#gs.jDAjsiA
Oracle Cloud and Netflix - both built on a House of Cards
LE is no fool.
LE is a LIAR.
It’s in his best personal interest to keep up this cloud charade to dupe wall street and unwitting clueless investment bankers & retail investors
As long as people say it couldn’t possibly be a lie, it’s big bad oracle the lemmings will buy into it.
This isn’t the biggest stick scam the world has seen, but the stakes are very high. And fortune 50 clients who buy into this fake oracle cloud tech are in for a world of hurt in about three years time when the fake cloud realization & iron cloud oracle contracts kick in.
LE is screwing these big companies totally.
Careers will be ruined.
That’s all people need to realize.
There is no other justification. LE is aLIAR.
If article is true then LE is a fool to believe Oracle is on track to build a cloud environment that could scale to level necessary to compete with AMZN and MSFT. I was never a big fan of TK but have admit that he is right in this regard.
Ah taking a beef at the bell.
Well,’of course, they needs some good spin- strategic disagreement about direction of cloud - now the founder will step in and sort things out, trust LE. RUN, RUN AS FAR AWAY FROM ORACLE AS YOU CAN AS FAST YOU CAN!!!!!
Competitors are willing to invest by hiring and retaining the best talent. That’s something Oracle will never do, especially under MH and SC leadership. They don’t value enployees and want to hire the cheapest labor they can find. That’s a strategy to turn into IBM. They will cut costs but struggle to create products customers want to buy. Revenue will be flat or fall slightly while everyone grows at double-digit rates.
Maybe LE can resurrect the JavaStation.
Well if the Oracle cloud stuff and centers are really going to work at scale "soon," then Kurian had a revenue enhancing tactic that would cannibalize long term gains (bad for cloud strategy). If they are NOT going to work and are NOT going to attract customers and new revenues, then Kurian's tactic becomes a strategy for a smaller-but-viable company.
TK acknowledging reality competitors have a 7 year head start and have more money/talent to invest in R&D. LJE refusing to accept the reality that he missed the boat.