Tuesday, October 27, 2015

Oracle's Ellison Says Cloud Industry Still in Early Days - Bloomberg Business

Later in the article: "“Oracle will lead this decade-long transition to the cloud,” Hurd said during a keynote on Monday. “We now have virtually 100 percent of our portfolio rewritten, rebuilt, modernized for the cloud.”"
"Leadership in the field remained up for grabs with the biggest cloud-only businesses still relatively small -- none at around $100 billion, Ellison said, probably referring to annual sales. Oracle now counts relatively newer entrants such as Amazon.com Inc, Workday Inc. and Microsoft Corp. among its most formidable competitors, the company’s billionaire founder said on Sunday. 
“This is how much our world has changed,” Ellison said during a keynote at Oracle OpenWorld in San Francisco. “We no longer pay any attention” to traditional competitors SAP SE and International Business Machines Corp. “It is quite a shock.”"
Oracle's Ellison Says Cloud Industry Still in Early Days - Bloomberg Business
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