Does Oracle Have The Most Comprehensive Cloud On Planet Earth? The reasoning behind the question posed in the title to this article is the claim made by Oracle founder and CEO Larry Ellison. In a presentation to introduce his company’s latest suite of cloud computing services (See: Things All Cloudy: Oracle Takes The Inevitable Plunge), the maverick entrepreneur made the claim that, in his opinion, Oracle has “the most comprehensive cloud on planet Earth.” Let’s take a step back and review Oracle’s journey on the cloud. Looking at Oracle today, it’s hard to believe that once Ellison had this to
Larry Ellison
What Will The Taleo Purchase Bring To Oracle? On 9 February 2012, Oracle announced its purchase of human resources management software maker Taleo Corp. for $1.9 billion. Taleo’s cloud-based talent management solutions optimize how organizations hire, manage, develop and motivate employees to improve performance and drive growth. The $1.9 billion price values Taleo at $46 a share, an 18% premium to the company’s closing stock price of $38.94 the day before. Even for a company as large as Oracle, this represents a significant amount of money. So, what will this acquisition bring to Larry Ellison and company? First of all,
Quotes About Cloud Computing (And Some Background Information On Them) “Quotes are nothing but inspiration for the uninspired.” When I decided to go for further studies after six years in the corporate world, two top US universities offered me a full scholarship. While I was contemplating which one to join, one of my future MBA classmates told me that Notre Dame, one of the two universities in question, enjoyed a brand recognition unsurpassed in American culture. As he put it, “half of America loves Notre Dame, half hate Notre Dame; but every American knows Notre Dame.” There’s a reason behind
BOSTON (Reuters) – Jeffrey Saut simply looks up to remind himself which tech stocks will be hot in 2011. Saut, chief investment strategist for brokerage Raymond James, says he is betting on companies that are leaders in cloud computing — using Internet technology to move computers and information away from desktops and into remote data centers. Despite the surge in cloud computing stock prices last year, investors are expecting an encore in 2011 as the revenue growth for these companies rises faster than the broader technology landscape. Will Danoff, who manages the $72 billion Fidelity Contrafund, is among the most
