X

Daily CX updates for the Oracle EMEA CX partner community

Oracle is quietly becoming a cloud giant (Network World article)

Richard Lefebvre
CX Partners programs Director

Oracle is quietly becoming a cloud giant... Its cloud business is now half the size of Salesforce, and the gap is closing quickly.

One of the drawbacks to the Christmas season is that good
stories slip by and no one covers them until much later, if at all. Such
was the case with Oracle's third quarter earnings, released on December
17. By that point, not many people were paying attention (tip of the
hat to Forbes for first noticing it) to anything except shopping lists, but what Oracle had to say was significant.

Oracle is pulling off a minor miracle. It is adapting
to and adopting a whole new technology and business model that should,
in theory, be completely contrary and contradictory to its current
model. One of the subtheories of Geoffrey Moore's business bible, Crossing the Chasm,
is that companies established in one old industry are often unable to
change with the times when their market shifts. As a result, they are
often left behind or forced to go through a painful reinvention. (...)

Read the entire Network World article by Andy Patrizio here

Be the first to comment

Comments ( 0 )
Please enter your name.Please provide a valid email address.Please enter a comment.CAPTCHA challenge response provided was incorrect. Please try again.