For Larry Ellison’s Oracle, the Cloud Beckons
September 29, 2014
Grazed from Re/Code.net. Author: Arik Hesseldahl.
Business software giant Oracle kicks off its massive OpenWorld conference in San Francisco tonight with a keynote address by founder and newly named CTO Larry Ellison. It will be Ellison’s first public appearance since a managerial shift announced earlier this month in which he ceded his CEO job to presidents Mark Hurd and Safra Catz, who now jointly share the title and have split operational responsibilities.
In an interview Friday, Hurd gave Re/code a short preview of what Ellison will be covering in his remarks. Expect to hear the word “cloud” a lot, but not in the way you’ve come to think of it. Oracle, which sells large companies much of the software they use to run their businesses, has begun shifting its business toward selling software-as-a-service, or SaaS…
That’s when companies buy software subscriptions and pay only for what they use. It’s an approach made popular by Salesforce.com and Workday, both Oracle rivals. But Oracle will tonight make some moves toward a new cloud offering known as platform-as-a-service. Its Oracle database — the technology that underpins much of its software — will be offered as a cloud service. So will Java, the programming language it took ownership of when it acquired Sun Microsystems in 2010…
Read more from the source @ http://recode.net/2014/09/28/for-larry-ellisons-oracle-the-cloud-beckons/