Thread regarding Oracle Corp. layoffs

Not one positive thing

Seems that there is not one positive thing going for Oracle. The RDBMS is being overrun my NoSQL, the customers want to get off as fast as possible. The autonomous portion is using Ai, which is nice but it wont solve the customer exodus or NoSQL problems. Almost all of the Oracle stack is now "Legacy" technology. Siebel anyone? People soft? JD Edwards? Ebusiness Suite? We are talking decades old tech.

Oracle has survived tough times before, but their flag ship product always saved the day. Now oracle is a supposed "cloud" company. The DB is old and doesn't scale (aside from exadata) Oracle DBaaS is a joke on most of the cloud providers... can't get RAC on AWS for example... The only choice for decent Oracle DBaaS is Exadata inside the Oracle cloud. But if you choose Oracle for DBaaS none of your other apps will work with it... you have to route traffic out of a good cloud provider to Oracle's rented data center.

I see no way out, I see nothing this time that will save Oracle. Instead of working with its two best customers Sales Force and AWS, Oracle executives insult them, motivating them to get off Oracle ASAP. ORacle executive leadership is so disconnected from reality that they did not know what cloud was, and then pretended they not only understood cloud but had the best cloud on the market. They cooked the books, lied to investors and have been caught in the act.

No one likes Oracle, and everyone wants to get off as quick as possible. Instead of rallying the troops MH lays them off and outsources them to other countries, replacing seasoned vets with deep understanding with recent college grads.

I think Oracle will burn so fast it will set a record as to how fast a stock can fall and a company can fold. Any new company acquired by Oracle will be s---ed dry. I don't hink there is anyway for Oracle to "buy" its way out of this one.

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| 2282 views | | 15 replies (last September 2, 2018) | Reply
Post ID: @OP+UVQVUvO

15 replies (most recent on top)

Here is something positive:

Detroit sh*t shifter's operating costs waste away with Oracle's cloud

https://www.theregister.co.uk/2018/08/29/oracle_sewage_detroit/

The City of Detroit's Water and Sewerage Department (DWSD) – more used to channeling waste away from civilisation – has squeezed out some fluff for Oracle by claiming its migration to Big Red's cloud saved it $1m.

The DWSD is now reliant upon: Oracle Database Exadata Cloud Service; Oracle Cloud Infrastructure; Oracle Cloud Platform; and Oracle Cloud Applications. All of these will become (prepare to use the DWSD physical infrastructure) "the foundation for its digital transformation"

Other services under use by DWSD include Database Backup, Integration Cloud, SOA Cloud, the Storage Cloud and the Business Intelligence Cloud.

Oracle cloud aint cheap. But its being put to good use. I love the tag line:

Sewage department pinches off big brown puff for Big Red

Seems like the "big brown puff" is an apt description for the Oracle cloud. So glad that someone bought the Oracle cloud, and this give MH another victory to tout to wall street in the Quarterly earnings reports. "Gangbuster growth"

I can hear the earnings call now "We have won a major contract with Detroit pumping c-ap out of a mostly dead and dying city." The comments are priceless:

Joke What a c-ap article...

Awww ..... That's cause the $hitters full .....

It sure was a large data dump. Better check the log.

The repoo log?

Sh-- happens... I bet they would have saved more by moving to anything not made by Oracle.

But...Instead of it being a c-ap article, think of it as the waft of a light breeze following lunch with Oracle PR. The real c-ap will come when DWSD realise they're deep in the brown stuff and they can no longer get out...

Re: But, the real question is: "Will that CIO be in charge the day they finally realize that Oracle has them by the balls?"

DB parameters? How often do the flush their cache?

Going the wrong way "DWSD can focus business strategies and priorities toward their number one priority – their customers." I'm pretty sure most customers want their priorities to go away from them, not towards them

Surely their number one priority is our number twos?

Its a bit like claiming that moving to Sky has saved you £120 because they have a £10 per month special offer, and not thinking about what happens after the initial offer expires

I'm still trying to get my head around why they spend so much on this to begin with..

Oracle won't care. Larry will be able to buy a whole country when Google coughs up their damages.

Re: Oracle won't care I don't think he'll have tablespace for all that money....

Re: Oracle won't care Oracle NUMBER can have have a precision of 38 digits - I'm sure it was designed around Larry ego, and his desired bank account size.

Leave poor Larry alone. He's an old man and can't defend himself.

Courtesy flush The Oracle Cloud: All seems great, until that initial P--pourri deal runs out.

But can they collect bills? DWSD has a lot of trouble collecting the money owed for services provided. https://www.metrotimes.com/news-hits/archives/2018/03/26/more-than-17000-detroit-homes-face-water-shutoffs-official-says-the-problem-is-poverty

department 15 to 17 per cent in operating costs Next year I bet Oracle raise prices by 15 to 17 per cent.

Re: department 15 to 17 per cent in operating costs. Stop talking c-ap, they never raise prices by so little

Now Detroit can go down the sh--ter again.

Jokes aside, the water is good The "W" stands for "water", which DWSD gets from Lake Huron and delivers to not just Detroit proper but most of the suburbs (who purchase in bulk and run their own distribution-to-the-premises). Based on annual water quality reports from my township's distribution -- township water HQ is only 3 miles up the road from my house -- DWSD's supply is actually quite fine, to which I agree based on smell, taste, color, et cetera.(Way better than Flint River water... No wonder they begged to come back to DSWD. The sewage who forced it on Flint is filling up the state capitol in Lansing.)The Detroit school district is shutting off drinking water to all of its schools after test results found elevated levels of lead or copper in 16 out of 24 schools that were recently tested.

Blame the piping of Detroit* or the schools themselves. Out in (most of) the suburbs, with more recent infrastructure, all is relatively good. * Just like how the acidic Flint River water leached minerals from their old pipes. Leaching can happen even with "good" water. My parents had a clean, new well in Minnesota that still left teal copper compounds in a ring around their tub almost since day one in 1991.

The brain trust of the sewage department has spoken. Yes, I'm sure the brightest computer scientists and engineers stand outside in the Michigan sunshine...err snow drifts to que for an opportunity to work at the sewage department.

Saving $1Mil is a huge sounding statement, until you realize where they were beforehand. Since you chose Oracle... you likely would have saved even more money if you decided to use something else. You definitely will find, you will have a more secure database if you went with several different products. If you had completed a good amount of technical research, you would have found out corporations are moving away from Oracle in favor of 2 to 3 other solutions.

You can't just look at your initial savings, you have to look at savings over the lifecycle of the product... in this case, about 4 years. Not to mention the risk increase/decrease... in the case of Oracle... it's a definite risk increase. Although, who cares if hackers get in to the database and start releasing a bit too much chemical into the wastewater? Especially knowing how well the sewer system drains in the old central part of Detroit, even if it only rains 0.25 of an inch.

The DWSD is now reliant upon...Oracle Database Excretedata Cloud Service...

A tale of two meetings... I was in Dallas for a meeting of my own tribe and was quietly enjoying an adult beverage at the hotel bar. Guy next to me thinks I part of the Civil Engineers' convention in the same hotel. He and his polyester tie swing around and he gives me a solid handshake, booming out "Hi! Sam's the name and $h!t's the game!" I think you could've heard him in NZ. That was ... different.

Re: A tale of two meetings... I wonder of that's the kind of guy buying this Oracle shi..., er, KIT! I said "kit", ok? Yes, but you meant to say 'sh--'...and you'd have been correct.

There has been a lot of rebuilding in Detroit in recent years and many people are helping to resolve the many problems that Detroit and other large U.S. cities face. For years now they have been convicting Detroit city government officials for crime. If they are able to establish an honest government and reduce the crime then Detroit has a chance to become great again. I doubt however that use of the Oracle cloud will make a significant difference. More than likely the benefits are greater for Oracle than the city of Detroit.

Seems Detroit keeps ending up with laggards, first the automotive firms, now Oracle, last to "The Cloud." Not that I consider "The Cloud" as anything resembling a good idea for any concern where the database is core to the functioning of the enterprise. Hopefully, they won't regret this choice down the line.

I can't read articles...like this without getting annoyed. They'll never admit when if it hasn't work and will always claim it saved money.

I know of one council who bought in an external company to create a report for their b---s--- cloud move. The report was full of lies to convince the councillors it would save money. It hasn't. Its actually cost a hell of a lot more than they claimed it would save. Everyone is told to keep quiet as it can't be seen to fail now. The worst part was paying a company to migrate to GSuite when MS said "we'll migrate you for free" yet this was ignored. And the massive lie in the report that claimed GSuite would be cheaper ignoring the fact MS give local govs discounts so it would of actually been cheaper to migrate to Office 365. Oh well.

Just think how much more they could have saved if the solution had not been supplied by Big Red...

Holmes Ailementary, my dear Watson

Joke I'd heard... That Detroit was a big toilet.

I want to hear their comments next year when Oracle has them firmly locked in and starts cranking up the prices.

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Post ID: @2lty+UVQVUvO

Oracle is terminally ill on life support thru share buybacks and cloud fraud

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Post ID: @1xnh+UVQVUvO

“Oracle is posturing in the back of the pack in a rented moped.”

LOL! Your analogy is perfect.

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Post ID: @1xuh+UVQVUvO

"One positive thing: they have $67B in Cash and Short Term Investments" ......

.....with a debt to equity ratio >1

https://www.gurufocus.com/term/deb2equity/ORCL/Debt-to-Equity/Oracle%20Corp

In such cases cash is almost irrelevant if you don't use it to generate revenues in a productive industrial way. And that's exactly Oracle's situation. since we are using that cash for stock buyback hoping to maintain a decent level. So basically Oracle is not even a cloud company, but a self-finance company desperately trying to survive.

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Post ID: @1csk+UVQVUvO

What good is all that cash if the executive team doesn't know how to use it to create earnings growth? The might as well distribute it back to shareholders. Oracle can only do so many acquisitions. At some point they have to have some type of organic growth. They tried that with the cloud but it's been a failure.

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Post ID: @1ojb+UVQVUvO

"One positive thing: they have $67B in Cash and Short Term Investments

... or do they? If they fudge cloud numbers, what other numbers do they fudge?"

Some people here on this board have wet dreams regarding LE, MH and SC going to jail. Because of Sarbox, if they fudged the balance sheet numbers, they really could go to jail, and they know it.

All I know is that 67B is not going to grow. Its going to shrink. As it shrinks employees get let go to preserve as much as possible as long as possible.

Instead of using that capital to get to the other side of a chasm, MH just hangs out in the middle dropping weight so he can hang on longer. He will preserve the 67B and revenue rates at the expense of progress. Thats why Oracle won't make it to the other side.

Thats why Oracle failed as a hardware company, and will fail as a cloud company. Its not investing in data centers and infrastructure, its renting it. Oracle is not committed to the cloud at the Executive level. From all actions and history it never will be a cloud provider. Its being left behind in the dust. Azure, GCP, AWS, even IBM is way far ahead in actual race cars. Oracle is posturing in the back of the pack in a rented moped.

In my opinion Oracle has zero chance of success. This is the year everyone will recognize the problems.

MH has one solution... cut costs. Expect him to step up with more cost cutting.

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Post ID: @vbh+UVQVUvO

"One positive thing: they have $67B in Cash and Short Term Investments

... or do they? If they fudge cloud numbers, what other numbers do they fudge?"

Some people here on this board have wet dreams regarding LE, MH and SC going to jail. Because of Sarbox, if they fudged the balance sheet numbers, they really could go to jail, and they know it.

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Post ID: @lbx+UVQVUvO

Net of Debt only $6.6 Billion in cash as of last earnings release on June 19, 2018. I believe with the massive stock buybacks during Q1, Oracle will report less than $5.5 Billion NET OF DEBT.

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Post ID: @jgv+UVQVUvO

@UVQVUvO-tdh: I didn't go to a competitor, but I did go to a place that told me, without me having to say a word, that they hate Oracle and are trying to move off. They had good things to say about Sun though (back in Sun's heyday)

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Post ID: @mjk+UVQVUvO

"Not to mention, that all those laid-off or forced-out employees go to competitors, and they truly despise Oracle. Great way to direct the competition against Oracle."

I went to the competition, and trust me: I never had to say a negative word about Oracle since I've left; my customers are more than happy to insult Oracle by themselves. They are all looking for ways to move off and get rid of it.

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Post ID: @tdh+UVQVUvO

One positive thing: they have $67B in Cash and Short Term Investments

... or do they? If they fudge cloud numbers, what other numbers do they fudge?

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Post ID: @epy+UVQVUvO

One positive thing: they have $67B in Cash and Short Term Investments

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Post ID: @fzq+UVQVUvO

Resigned today. Good riddance, Oracle!

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Post ID: @wui+UVQVUvO

Not to mention, that all those laid-off or forced-out employees go to competitors, and they truly despise Oracle. Great way to direct the competition against Oracle.

True stupidity from top to bottom. In the end, the strategy will end up being the best and greatest way to truly destroy a company.

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Post ID: @hcv+UVQVUvO

Best post yet.

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Post ID: @mrl+UVQVUvO

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