By "Jim Lein, Oracle Midsize-Oracle" on Sep 03, 2015
To paraphrase a timeless saying, “Business opportunities make strange bedfellows”. The post-recessionary economy has compelled some companies to contribute to their arch rivals’ earnings in order to capitalize on opportunities or better serve their customers. For example, Salesforce and SAP pay Oracle a LOT of money as Larry Ellison points out in this Business Insider article.
But New Rivalries Are Much More Fascinating
Fast Company spotlights 5 Developing Business Rivalries To Keep Your Eyes On. My first reaction is wow—didn’t’ see that coming. Granted, the 10 companies mentioned probably did. HBO vs Netflix: As a consumer, I didn’t anticipate how popular original content from nontraditional sources would become, e.g. Amazon Prime’s huge hit Transparent. Wal-Mart vs. Whole Foods? Surely you’re kidding… Slack vs Gmail? That makes a lot of sense to me. I hate email.
How Can You Ready Your Business for New Rivalries?
Emerging technologies—cloud, social, mobile, Big Data—have radically changed business as usual. But, hey! 1) There is no such thing now as ‘business as usual’, and 2) they and their offspring (e.g. wearables) will continually disrupt ‘business as unusual’.
Adopting Modern Best Practice helps keep your organization future fit. It recognizes that the technology is NOT the solution: it’s the enabler. Adopting practices that keep your organization fluid and nimble keeps you open to new opportunities and ready to battle new rivalries by exploiting new technologies as they come along.
Explore Modern Best Practice:
Oracle Cloud GTM Strategies | Modern Best Practice | Solutions for Growing Companies
Modern Best Practice exploits new capabilities made possible by cloud, mobile, social, analytics, big data, and IoT, making it possible for your organization to achieve more, faster and with fewer resources. It is flexible, supports growth and innovation, and enables new ways to achieve consistently superior performance.The views expressed here are my own, and not necessarily those of Oracle.