So how's the journey to $10bn going? Easy pickings or tough slug? What's your experience and how do customers like oracle cloud ?
13 replies (most recent on top)
Know we're jotting a sore spot for the three stooges when we get this spam. Too bad three stooges - go F yourselves!
The two "so called" CEOs know nothing about starting a new business - SaaS - and are fu$king it up royally! Those two are cost cutters.
Talk about complete misalignment of skills, capabilities, and experience. Yep, it's LE's f-- up to have put them in charge. He's getting old and tired and is losing his touch
The $10 Bn is just a desperate attempt by LE to keep the oracle share price from falling and wiping out his fortune by talking, well actually b---s---ing, bla bla bla, no substance behing it
Cloud, cloud, cloud, must have cloud in every deal, whether the customer wants it or not. Reduce price of the non cloud piece, add cloud, same total price BUT you have now generated cloud pipeline - which may or may not result in revenues later. But you've met your cloud target. Sleeze is us!
I have to believe this is all about how oracle "gives" customer free SaaS, paas, and IaaS credits as part of deals and then allocates some of the deal value to these cloud credits, that the customer may or may not use in the future, since they did not want them in the first place. Shady!
Here, take some money and shut your hole.
"Oracle settles court case with fired cloud services finance 'whistleblower'"
"Oracle has reached a settlement with a former finance manager who alleged she had been fired for refusing to follow what she believed to be unlawful accounting practices that bumped up the firm's cloud numbers."
http://www.theregister.co.uk/2017/02/10/oracle_settles_court_case_with_fired_cloud_services_financials_whistleblower/
Remarkable - not a single response saying that things are going well! Well, that says it all.
@1xvf - right on. LOL!
10bn in expenses or revenue?
Could also be somebody making a point, that oracle s---s in the cloud. LOL!
How would you know? Could be a Wall Street analyst trying to see if the theee stooges are telling the truth. Or a shareholder or potential investor. Competitors, if anybody, would know the answer because they either see or don't see oracle in the market place
Competitor
Fishing for info