I wanted to share with you context for the organizational restructuring happening today.
Over the past several years we've seen progressive change as Oracle has evolved into a cloud services company at its core. This is a giant shift across the company, often with our organization at its epicenter. It has affected the entire business broadly and pervasively – driving reorganizations, realigning investments, changing how we build and operate services, and evolving how we engage with our customers.
At last year’s Oracle Open World, Larry was clear about the vision and direction of the company: We're an enterprise cloud company supporting the most demanding customers and the most challenging workloads. We're organized around two centers of gravity: Apps and Infrastructure. As the foundation of our cloud business, OCI – Oracle's Gen 2 Cloud – provides our customers with a secure, reliable infrastructure platform that supports the primary pillars of our business, Autonomous Database and SaaS ERP.
Everything in the company is aligning around this clear vision and direction.
Today’s changes within OCI will better align with Larry's vision of the business. It will streamline our products and services, focus investments on our most strategic priorities, and help us to more effectively and rapidly deliver the full promise and reach of Oracle's Gen 2 Cloud.
Please join the OCI Leadership and me in an All Hands tomorrow, March 22nd, at 10:00 AM PDT to get more information about what this means for our team and the business.
OCI’s business is stronger than ever, and this team’s future is bright. I want to thank you all for your continued support as we double down on our strategic imperatives. We'll be building regions, continuing to hire and invest in strategic areas, and growing the business and our customers at a rapid pace.