Oracle reported its quarterly results, beating guidance as a result of strong cloud results.
Marc Benioff, CEO of Salesforce, says that without Oracle founder and CEO Larry Ellison there would be no Salesforce.
Oracle announced its quarterly results and its cloud business was the star of the show.
Oracle co-founder Larry Ellison says that Amazon does not even use their own database to run their business. “Amazon runs their entire business on top of Oracle, on top of the Oracle Database,” Ellison said.
Oracle CEO Mark Hurd says that because they have a founder like Larry Ellison they are focused on generational changes. “At the end of the day what’s in our DNA deeply is to build for the future,” said Hurd.
Oracle’s Larry Ellison introduced the Generation 2 Cloud at Oracle OpenWorld 2018 yesterday with a primary emphasis on security. “Other clouds have been around for a long time, and they were not designed for the enterprise,” Ellison said.
Oracle just released a new video commercial for the Oracle Autonomous Database featuring Oracle co-founder, executive chairman, and chief technology officer Larry Ellison.
The release by Oracle of its AI-powered Autonomous Database Cloud earlier this year and adding Transactional Processing last week is huge for Oracle and its customers who need this cutting edge technology.
Oracle CEO Larry Ellison is stepping down from the position, and will be taking on the roles of executive chairman and CTO. Here’s the full statement from Oracle: The Oracle (NYSE: ORCL) Board of Directors today announced that it has…