Catz told reporters .. the company's cloud business was impacted by a new model made available to customers three quarters ago .."That makes the appearance of a lower number (for the cloud business).. even though money is actually coming .,"
That's all.!!!!!!!!!!!!!! what is the whining for??
https://finance.yahoo.com/news/oracle-co-ceo-catz-expects-112552615.html
Yep good article
Oracle will lose to its competitors if they don’t listen to customers Instead they listen to lazy excuses from sales like. ‘We can sell Saas because customers need to reimplement’ this is a lazy a-- excuse on why we aren’t selling
Product took forever to build no change in management totally lacking functionality compared to competitors
https://www.gartner.com/doc/reprints?id=1-4VRYVXA&ct=180411&st=sb
Oracle has completely defunded on-perm product development, that’s one of the cost savings to boost profits/ executive bonuses and force customers to move to oracle non-existent cloud. Better option: go to another software provider ASAP.
Thanks for posting the Gardner Article. I wish I could get this type of information from internal sources. Nice to be able to have a fair and balanced conversation with a customer. Internally - due to the death silly internal competition model between LOBs it is nearly impossible to get an accurate assessment for an ERP strategy for my customers. Cloud Reps telling lies about end of life is doing the opposite. Customers see it as being free to look at other vendors as opposed to being enticed to migrate to the Oracle Cloud. The see migration / integration/ retraining in their future. But now the will make their decision now cutting into that App Support Revenue stream.
Good article posted below!
Gartner's client interactions suggest that many Oracle customers have been inaccurately told that their on-premises ERP suites are at the end-of-life stage and that they must move to the cloud now. As a result, they are unsure about Oracle's commitment to its on-premises suites.
I suspect that the customers have been told correctly that the on-premise stuff is at the end-of-life, Oracle just can't bring themselves to honestly say it to the world.
I suspect it's like in the MICROS lawsuit that is going on. Internally Oracle appeared to have pulled all support and funding for the maintenance of it, but externally they appeared to avoid saying anything explicit.
I used to work on the on-premise stuff and then I was told it was all going to India, but the process to do that appeared to be completely inadequate to me.
I guess there is nothing legally wrong with misleading customers? I hear other companies do the same thing.
Compare Oracle's cloud applications with those of other vendors to gain a balanced perspective
Very good advice
Despite statements and rumors to the contrary, Oracle's on-premises suites are not at the end-of-life stage.
LOL
That said, although Oracle's on-premises products have a funded and maintained roadmap, Oracle Cloud Applications are definitely the future of Oracle applications, as the main focus of Oracle's R&D and new sales efforts is directed to the cloud.
Customers shouldn't be fooled by the statement that on-premise products have a funded and maintained roadmap. I'm sure the MICROS product had a funded and maintained roadmap. Just because something is funded, doesn't mean it is funded adequately.
My understanding when I left Oracle a couple of years ago was that no changes were going to be made to the on-premise products. I don't think that has changed.
Gartner is being very careful in telling the customers to be cautious, so they have covered their a-- well. In the end, I don't think it really says anything to the customers other than that they are not making any commitments either way.
https://www.gartner.com/doc/reprints?id=1-4VRYVXA&ct=180411&st=sb
Great article!
https://www.gartner.com/doc/reprints?id=1-4VRYVXA&ct=180411&st=sb
The next CEO of Oracle of course, DJT!
Oracle cloud is going to win so much you’re going to be tired of winning! In fact, you should already be tired of winning. And the experienced sales reps being laid off, that’s because they made so much money that they now need to go and spend it and make room for young kids to earn a few buck as well.
That would be paraphrasing whom?
The story just keeps changing to prop up the lies and poor performance.
There is no cloud capacity run by clients.
There is no cloud sales frenzy.
The oracle cloud is one off rented data center space from equinix
The capacity for demo accounts is short bc it’s all manual set up. You can’t demo cloud simplicity if it DOESNT EXIST!
Jeez people, stop falling for their BS. It’s so deep it’s up to the marketplace neck.
a new model made available to customers three quarters ago
Is this a new model for accounting fraud?
If course it’s not what it looks like- it’s totally fake, the result of cloud fraud! Off to jail with her!
@SI0euOs-jeh so right!
Ponzi is accurate.
Its all fake technology and BS marketing spin.
NN the customer can't run the autonomous platform.....its too autonomous, for it to be autonomous, Oracle has to run it for them, so that the automation works........
PRICELESS.
REAL NEWS.
The only thing that’s fake here is the oracle cloud and oracle cloud revenues - pure fiction!
Analysts will love this. They now have another reason to explain why they are not digging deeper into the cloud house of cards. I can see it now. "Well Oracle is different from the other Cloud Vendors - they came up with this unique sales approach that makes it look like they are buying traditional on-premise software licenses, when they are really buying special discounted software to run in the Oracle Cloud - Oh did I mention they can only run it in the Oracle Cloud or Oracle can operate it for them on premise - this is so the autonomous platforms works - No the customer can't run the autonomous platform.....its too autonomous, for it to be autonomous, Oracle has to run it for them, so that the automation works........" Does anyone else smell a Ponzi scheme?
Desperate efforts to prevent the stock from crashing! Once and for all: oracle doesn’t have a cloud business! It collect some money for cloud credits from on-prem software as a result of audits. Customers are running away fro oracle as fast as they can. If you have brains, sell the stock while you still can!
I think the lies will never stop
"That makes the appearance of a lower number (for the cloud business) even though money is actually coming into another bucket," Catz said.
Lie
"As this evens out I think we are going to start seeing cloud acceleration again that is very significant but I don't want to time that right now."
Lie
Earlier this month, Trump said he would take a serious look at policies to address what he says are the unfair business advantages of online retailer Amazon.
Lie
At least I hope the last one is a lie. DJT will be too busy figuring out how to cover up his Russian mafia connections.