Mark Hurd discusses Oracle’s move to the cloud with Kara Swisher on Recode Decode. Full Transcript
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 […]
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, […]
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, […]
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.