Thread regarding Oracle Corp. layoffs

Oracle’s Database Dominance Eroded

https://finance.yahoo.com/news/oracle-database-dominance-eroded-rise-200000220.html

The evidence of the shift is widespread. JPMorgan Chase & Co. chose Cockroach Labs Inc. as the database vendor to support its new retail banking application in Europe. Nasdaq Inc. is working with closely held Databricks and Amazon.com Inc.’s Amazon Web Services, among others, in its quest to upgrade from on-premises Oracle data repositories. Alongside AWS, database products from rival cloud vendors Microsoft Corp. and Alphabet Inc.’s Google Cloud are also growing quickly

by Anonymous
| 1531 views | | 4 replies (last June 17, 2022) | Reply
Post ID: @OP+1hdxf2JK
Comment! It's anonymous!

4 replies (most recent on top)

The only ones who use the orcl db are those whose large systems are too costly to
migrate / have legacy code/old mngmt/kickbacks from orcl

You missed one. Government. Especially Federal government agencies. They are still hung up on Oracle. Then again they probably still have several DEC20's on line someplace.

by Anonymous
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Post ID: @4kmh+1hdxf2JK

My, how the once mighty has fallen. Oracle will be gone within 5 years.

Oracle fell too far behind other much more aggressive competitors like Snowflake and Mongo, and it has zero chance of ever regaining the market share they’ve lost. Stick a fork in Oracle, they’re cooked.

by Anonymous
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Post ID: @2nth+1hdxf2JK

Yep, exactly what the entire universe knew and has known, and why O is trying so hard to pivot to cloud and subscriptions. Impending recession and Gawd knows what for the tech sector is not going to help. As the kids say, sh|te is getting real.

by Anonymous
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Post ID: @jsg+1hdxf2JK

Whats new here? Oracle's long timers are the only ones who believe that ORCL holds DB dominance. If you go outside the banking/finance sector, a lot of them have chosen more modern technologies .. Starting from snowflake/mongo/hadoop/elastic etc, the data store world has evolved. No one wants to be stuck with licensing tussles .

The only ones who use the orcl db are those whose large systems are too costly to migrate / have legacy code/old mngmt/kickbacks from orcl

by Anonymous
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Post ID: @duk+1hdxf2JK

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