Larry Ellison: Oracle Sets Sights On Cloud Competitors - InformationWeek

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Larry Ellison: Oracle Sets Sights On Cloud Competitors
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Charlie Babcock
Charlie Babcock,
User Rank: Author
10/28/2015 | 6:05:08 PM
Ah, what Larry said about the cloud in 2009
There's a short sample embedded in the story above. But what Larry really said about the cloud in 2009, when asked by Ed Zander at the Churchill Club, went something like this: "The cloud is water vapor.... My objection to the cloud is the fact that everone is saying cloud computing is not only the future but it's the past... Salesforce is cloud. Salesforce has been around for a decade. Google is now cloud computing. My objection is the absurdity, this nonsense, 'Oh, it's in the cloud.' All it is is a computer attached to a network. What do you think Google runs on? What are you talking about? ...I love the VCs. Give it back to those nitwits on Sandhill Road." (First quoted in Management Strategies For the Cloud Revolution.) Available for replay here:
User Rank: Ninja
10/27/2015 | 8:58:28 PM
Re: Oracle v. AWS
First personal computing changed. Now enterprise computing is getting changed.

All by Cloud.

As more and more individuals downloaded apps, there was less and less need for licensed softwares for desktops.

As more and more companies turn to SAAS for their business apps, licensed databases and software from Oracle is needed by less companies.

Oracle is waking up to this reality - but too little too late.
Thomas Claburn
Thomas Claburn,
User Rank: Author
10/27/2015 | 7:16:43 PM
Oracle v. AWS
Mark Hurd distanced Oracle from AWS by saying, "The place we like is one of higher profit margins."

This reminds me of Jeff Bezo's maxim, "Your margin is my opportunity."

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