I can’t seem to see any parts of the company that are based on real innovation. Sure there are still talented people at Oracle, but the system seems to be set up in a way that innovation is not rewarded, even more it is look at with content. What happens when we can’t continue milking the old cow? When will this state of affairs catch up with us?
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DB
I've been in tech since '85 if I could upvote you 100 times I would. We, in essence, went back to timesharing with accounting. The technology may be totally different, but the paradigm is the same.
Been in tech since 1994. Microsoft is what it is today because It was NOT broken up after the 2001 Anti trust trial. It was allowed to continue along as an upgrade cash machine, in a somewhat bumbling fashion under salesman Ballmer, until they got (another) engineer with vision in charge. They also had no compunctions about consumer products because they were just getting serious about the Enterprise market with Windows NT and Exchange Server.
And now they are undeniably one of the big Cloud players with a built in defacto migration and upgrade path for the zillions of businesses using Windows, et al. Now we know who wins the centralized vs. decentralized argument. We are right back where we started from, a bunch of terminals connected to the mainframe, and sysadmin is the all powerful ruler.
"World class in value destruction right after IBM and of course pursuing exactly the same strategy, so I guess that’s imitation rather than innovation"
The comparison with IBM is a good one. This issue is not unique to Oracle. The big Enterprise IT vendors - Oracle, SAP, IBM, HPE, etc have all been dying a slow death over the last decade. The focus is on acquisitions, financial engineering, and marketing not on innovation or new product development. The one possible exception is Microsoft, but that's mainly because they have a huge consumer business (XBox, Surface, Office365, etc) that generates cash to invest in their enterprise business. I've been in this space for 20+ years as a consultant and can't believe what has come of it.
World class in value destruction right after IBM and of course pursuing exactly the same strategy, so I guess that’s imitation rather than innovation
HR RIF machine is intovativing!
Setting new records in mismanagement and in over-paying incompetent, value destroying execs like MH and SC, if that counts for something! Probably set some kind of record in fraud as well based o. The reported cloud fraud revenues - that’s innovation right there!
Blockchain service is a wrapper around an already existing blockchain impl. Mainly developed in China, which I think is going to be sc-apped considering...
Blockchain service is new.
The cow is pretty much out of milk now, the on premise support annuities will wind down more quickly as we make customers move to the less-than-optimal cloud offering. We aren't innovating new products, simply reselling old and acquired technology. We're like the Antiques Roadshow of technology....only without the value of a real antique