“The applications market is about $125 billion per year,” says Oracle CEO Mark Hurd. “That is spent primarily on applications and most of it today is spent on on-premise applications. That market changes pretty significantly as it moves to cloud.
“We have a big existing on-premise user base and I believe all of them will move to the cloud,” said Oracle CEO Mark Hurd. “In fact, I was with a large group of our users just last night and they’re all going to move on their time frame. When we get to a certain point you will start to see a geometric move in the market and it will be significant.”
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.
Tom Reilly, CEO of Cloudera, discussed the Hortonworks merger and how they plan to become the next Oracle type company in an interview with Jim Cramer on Mad Money.
Identity as a platform on the cloud is hot, hot, hot. Companies of all sizes are seeing identity management in the cloud as the future of online security.
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 announced that it has acquired StackEngine. It didn’t say much about it other than that StackEngine will become part of Oracle Public Cloud. Here’s the full announcement: On December 18, 2015 Oracle signed and closed an agreement to acquire…