"It’s All About People,” says Larry Ellison at San Francisco CloudWorld
By Kathryn Perry on Feb 07, 2014
Oracle's CEO Larry Ellison (pictured left) delighted the audience at CloudWorld in San Francisco with an unexpected appearance ─ and left the audience with some quotable gems in his presentation on How HR leaders are Embracing the Cloud.
“The two most important apps in a modern enterprise are HCM and CX — taking care of employees who take care of customers.”
Ellison said it was important for him to talk about HCM at San Francisco CloudWorld to “demonstrate Oracle's approach to HCM and how different it is from Workday. Workday doesn’t have social built in. Oracle HCM Cloud shows a modern paradigm. Everyone uses it in an organization. It manages a company’s most precious asset: its people.”
In response to a question from the audience about competitors, Ellison said, “it must be SAP because they’re the biggest in the world. Ten years ago we started [writing modern applications]. SAP hasn’t started yet. It bought Talent Management and a procurement company and probably more, but 99 percent of the business is ERP and they haven’t started. So we can’t think of them as a competitor. There are cloud competitors ─ the new generation companies, like Salesforce, but we sell a complete suite.”
Ellison had a detailed reply for the person from the audience who asked if Oracle was late to the cloud. ”I think I started the first cloud company (NetSuite), so how could Oracle be late to the cloud?” he asked. He went on to explain that shortly after NetSuite, Oracle started Fusion to rebuild all apps for the cloud. It sells application suites to big organizations like General Electric and Bank of America ─ and building apps for that marketplace is a big job. Development is, by and large, finished (though we’re never really done). It took almost 9.5 years. So Oracle comes to the cloud with a suite, but it’s not just the apps layer; it’s the database and middleware too, because Oracle is a platform and infrastructure supplier in the cloud. He ended by saying, “You can say we’re late, but it’s not because we started late. It was just an enormous task.”
On Oracle selling to smaller companies, Ellison says, “the great thing about cloud is you implement faster and it costs less. So all at once our products are applicable to smaller companies. We have lots more market to pursue. We’re seeing companies that wouldn’t have considered Oracle 10 yrs ago using Oracle today.”
You can get more details about Ellison's presentation in this article from Forbes.