If nothing else, cloud technology has simplified the IT landscape, reducing the pressure on businesses to manage hundreds of different applications for myriad different purposes. “I don’t think we’ll return to the complexity we created in the past,” said Oracle CEO Mark Hurd during a keynote presentation on March 21 at Oracle Industry Connect in […]
Securing its position as the “fastest-growing cloud company at scale,” Oracle reported that its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues rose 73% in its fiscal third quarter, to $1.0 billion. Its total cloud revenues, including infrastructure as a service (IaaS), increased 62%, to $1.2 billion.
Oracle CEO Mark Hurd noted that the company’s SaaS and […]
By Mark Hurd
Innovation-starved companies stuck in today’s slow-growth economic environment can look forward to better days ahead, because tech spending is going to pivot quickly to unleash their full potential in ways that many executives don’t yet realize.
Before I get to how things will change, however, let me describe the current environment. Globally, economic growth […]
Oracle CEO Mark Hurd said Tuesday that the benefits of cloud computing go well beyond cost savings, allowing companies to pay for innovation they can ill afford to ignore given slow-to-no global economic growth. “This is becoming a CFO-CEO discussion as much as an IT discussion,” he said during the opening keynote of Oracle CloudWorld […]
By Mark Hurd
Reach a certain age or managerial level and you hear this a lot: “Those millennials…” It’s usually followed by a predictable and exasperating litany of grousing about generational entitlement, a lack of corporate loyalty, an outsized need for encouragement or a confounding communication style.
If that’s as far as the conversation goes, you’re missing […]
I had the opportunity to speak about Oracle’s cloud strategy on Squawk on the Street.
Here is the link to the video and the full story which was featured on CNBC.com where I discuss Oracle’s growth rate in the cloud market.
Business Insider’s Julie Bort wrote an article about this year’s OpenWorld. It was a full day and there were a lot of opportunities to share some behind the scenes views from OpenWorld.
Read the full story here.
By Mark Hurd
Whenever I look down from my office window at my car sitting in the parking lot, I get this sinking feeling – as in sunk costs. It’s the same feeling you should have when you think about your corporate data center.
This is how I think about it: I use my car for about […]
Spend any amount of time with Bill Walton (the greatest college basketball player in the history of the sport and an NBA legend) and it almost certainly will not go the way you thought it would.
That’s his genius. On the court or off, Walton embodies the kind of innovative spirit leaders at every level of […]
Cory Johnson with Bloomberg sits down with Oracle CEO Mark Hurd for an in-depth interview at the company’s headquarters in Redwood City, CA for their Bloomberg Best series.
Hurd discusses Oracle’s transition to the cloud, rising competition, his relationship with customers and Oracle’s evolving sales team.