Thread regarding Oracle Corp. layoffs

About that government contract

Let’s see, Bloomberg has now confirmed that SC did in fact raise the AWS cloud contract award with DJT, something about the requirements she didn’t like. You mean SC that you have a problem with the government requiring that the cloud actually exist and has some level of security and functionality. How unfair, no wonder you had to talk to orange head about it. I mean, God forbid we taxpayers actually get something other than useless cloud credits for the billions of dollars that the government will be spending here. We can’t have that now can we SC?

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| 1211 views | | 5 replies (last April 9, 2018) | Reply
Post ID: @OP+SxH6FLM

5 replies (most recent on top)

Oracle is not making new money on existing products and services.

They are acquiring companies to make it look like they are making new money. But the money they make is coming from innovations and blood, sweat and tears of those they acquire.

Oracle is definitely LOSING market share and market dollars on every renewal. Even AT&T and Bank of America and all the other large enterprise accounts.

Without NetSuite and any other acquisition, Oracle is double digit negative declining sales. No question.

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Post ID: @4fmh+SxH6FLM

working? maybe you mean working not so good, since Oracle is actually LOOSING market share (in a double digit growing market). OCI is now less than 3% and if this trend continue like it is now, Oracle will be less than 1% in a couple of years.... i.e.: totally irrelevant, not existing by any means

http://i63.tinypic.com/erlz0m.jpg

and by the way there is no sign this trend can reverse, and that's why ORCL is going down.

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Post ID: @4syf+SxH6FLM

You may not like it but Oracle is making $$$ so their plan is working

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Post ID: @3nyz+SxH6FLM

Let’s see:

Requirement 1: you must actually have a functioning data center

Requirement 2: it must meet certain security standards

Requirement 3: it must have backup and must be able to fail over to another existing, functioning data center

No wonder oracle can’t compete

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Post ID: @klr+SxH6FLM

Ask the State of Oregon about the $100 million lawsuit they brought against oracle for non-performance

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Post ID: @gdd+SxH6FLM

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