Re:Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as ...
by kerng on Friday December 28, 2018 @02:32PM
(#18778868)
Oracle does not serve most of the data infrastructure anymore. That is a thing of the past. They are struggling terribly and it probably will get worse considering how the big 3 cloud providers move successfully forward and Oracle loses ground daily.
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Re:Tesla Adds Larry Ellison and Kathleen Wilson-Thompson as ...
by drawkbox on Friday December 28, 2018 @06:31PM
(#18780356)
Larry Ellison thought the cloud was a "fashion driven" software buzzword fad in 2008 [1][2], a miss as big as Ballmer with the iPhone. The cloud will ultimately probably kill off Oracle.
> The Oracle chief executive told shareholders at the company's annual meeting Friday that the technology is a fad that doesn't have a clear business model, despite the fact that Google , Microsoft and practically every other tech company is singing its praises.
> "I think it's ludicrous that cloud computing is taking over the world," Ellison told about 100 shareholders who attended the meeting at the software maker's headquarters. "We think it's very hard to make money in this thing."
[1] https://www.youtube.com/watch?v=0FacYAI6DY0 [2] https://www.forbes.com/2008/10/10/ellison-cloud-computing-te...