TK quit because he realized that the Oracle cloud as its stands is pure garbage. If you don't ebelive its garbage, then you have to face facts, Oracle can not compete. Its lacks infrastructure. The only future for Oracle is to run on its software on a real cloud. Oracle is, was and always will be a software company. It has failed miserably as a hardware vendor and will fail as an infrastructure provider. TK realized this and tried to get LE and MH to understand.
LE does not understand cloud and he never will. So the friction between the two errupted and TK left. Sadly TK is right about this. Oracle doesn't have a chance.
Kurian hoped that Oracle would try to make more of its software available to run on Amazon AMZN and Microsoft's MSFT public cloud networks to help expand beyond its own struggling cloud infrastructure, according to Bloomberg .
https://www.nasdaq.com/article/should-you-buy-oracle-orcl-stock-ahead-of-q1-earnings-cm1023270
Amazon grabbed 34% of the cloud market last quarter, while Microsoft held 14%. In fact, Oracle didn't even make the top five, with IBM IBM at 8%, Google GOOGL at 6%, and Alibaba BABA at 4%, according to Synergy Research Group .
It is this lack of substantial cloud growth that has seen ORCL stock move almost completely sideways over the last year, while its industry has experienced a 21% jump.
TK wont be missed, but he was right about this. Oracle has no hope of being a cloud provider and the industry is about to recognize this fact. The rest of the industry is growing at 21% and Oracle is doing nothing more than converting support revenue into cloud credits. Oracle had a whistle blower on this in 2016, and the whole truth is coming to light.
In a very short period Oracle is about to face some heavy upheaval. Head will role divisions will be shutdown and Oracle will have to face facts. The Oracle cloud is a joke. No one is buying it, literally. Oracle's reputation will be forever tarnished as liars. The fun begins September 17th all live in the earnings call.