Thread regarding Oracle Corp. layoffs

Being late to the market is Oracle's advantage?

Definitely an interesting article on Oracle’s strategy of growing on the Cloud market. The numbers don’t lie and it’s a fact that we are well behind the competition, but it’s also true that technology is going much faster than the market demands are. This position does give us the opportunity to learn from the mistakes that our peers made, grow, diversify, and deliver a quality product. Will we catch that opportunity, or will Larry Ellison's words just turn out to be comfort talk, time will tell.

https://seekingalpha.com/article/4214086-oracle-makes-case-cloud-computing-provider

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Post ID: @OP+VOnOZUh

6 replies (most recent on top)

Bob sounds like is a hired hack publishing the usual OOW excuse pieces that come out every year. Just surprised it was not published in Forbes. His opinion is humorous. What else are they going to say? Our CTO bet against cloud for 10 years and the competition got a huge jump. Competition is growing there already substantial market lead at a faster rate then Oracle. Oracle is going to use secret future technology to over take everyone, because everyone knows that technology can be disruptive. Blah blah blah......

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Post ID: @1ifw+VOnOZUh

Oracle is doing great cloud and doing right things. The strategic of cloud has no problem and in the right way.

Documentation writer in India

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Post ID: @1suq+VOnOZUh

Oracle is doing great cloud and doing right things. The strategic of cloud has no problem and in the right way.

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Post ID: @1ffe+VOnOZUh

This article is flawed because it is ignoring growth. Sure, ORCL can eventually migrate some of their loyal customers (number is diminishing though because the ORCL vice squad is p-ssing them off with aggressive license audits) to the Oracle cloud, with their legacy apps. In the meantime, all new customer app architectures are being designed for AWS or Azure. 10-15 years from now ORCL will be a footnote.

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Post ID: @1qtp+VOnOZUh

LE's only answer to catch up was to allow sales to sell financially engineered cloud SaaS deals and now all of those types of customers have dried up along with huge churn once they come up for renewal. all you have to do is look at the fundamentals in the financial statements. bye bye oracle your time has come.

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Post ID: @vnp+VOnOZUh

Oracle cloud products are pure c-ap, the cloud dev org is useless and customers are not going to switch from AWS, SFDC, workday, etc. oracle has lost the battle. Bye bye LE

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Post ID: @gtf+VOnOZUh

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