Wednesday, June 24, 2009

Oracle CEO Ellison Changes Tack on Cloud Computing - WSJ.com

We’re all cloud-ians now…

On Tuesday, Mr. Ellison appeared to change his tune. During a call following Oracle's fourth-quarter results, Mr. Ellison said the company's Fusion products -- software that aims to tie together technology from many of the Redwood City, Calif.-based company's acquisitions -- would be "on-demand ready," suggesting they would be available on a pay-as-you-go basis. He added that a portion of Oracle's revenue from Fusion products could come from subscriptions in the future, rather than from one-off sales. Licenses to most Oracle products have a one-time fee, but can be augmented with maintenance and support, which would be charged separately.

The comment immediately provoked interest from analysts, one of whom asked if Oracle was now getting into cloud computing. Mr. Ellison admitted the company was getting "a little bit" into the space.

Oracle CEO Ellison Changes Tack on Cloud Computing - WSJ.com

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