Hurd: “We’re Laser-focused on Being No. 1 in the Cloud”

President Mark Hurd met with investment analysts last week. Senior Correspondent Chris Kanaracus reported in ComputerWorld that Hurd was confidently bullish with plenty of specifics about Oracle’s cloud software strategy and progress in the market. Here are some snippets from the article:

Plenty of runway. “The company estimates there is a $74 billion addressable market for its cloud apps,” Hurd said.

Getting customers on board. It is anticipated that many of the thousands of Oracle on-premises customers will extend their installations by adding cloud modules. Others will migrate completely to the cloud.

Oracle’s cloud army. Hurd reported Oracle has thousands of SaaS sales reps in more than 60 countries and about 19,000 certified consultants.

Fusion taking hold?
“The confidence our sales force has in our (Fusion) products now over the past couple of years has leaped exponentially.” That confidence is translating into sales for Fusion.

All ISVs are welcome.
“Oracle has 19 data centers around the world. That coverage, combined with its unified technology stack makes a full-fledged move a no-brainer for ISVs.”

Ready for the world. Oracle supports its cloud apps in 33 languages with localizations for more than 100 countries. Hurd said Oracle will continue to expand its data center footprint.

That’s all great, but Hurd isn’t satisfied. “Make no mistake, we’re laser-focused on being No. 1 in the cloud.”

Read the full article, which includes Hurd’s presentation.
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