https://www.theregister.co.uk/2020/02/04/worldwide_cloud_computing/
Everyone else (presumably including Oracle) list market share.
https://www.theregister.co.uk/2020/02/04/worldwide_cloud_computing/
Everyone else (presumably including Oracle) list market share.
DOA! haha
@3auj+13mk81Ex, try to count how many times Engineered Systems were hot in the news after quarterly filings.
Do the same for database new license business.
Do the same for Cloud.
It is so clear it hurts.
I think Oracle Cloud was created more because nobody wanted to buy the overpriced "engineered systems" of Oracle's first gambit. So, stuck with that hardware they decide to rent it out
At the very most Oracle has 3 or 4% of that market, otherwise it would be listed there
Oracle Cloud was just an attempt to find an easy way out over what top management knew by the time they starting "bubbling". The database revenue was already tanking by then.
This is undoubtedly the end of Oracle. Horrendous management coupled with bad marketing and customer service will get you to zero growth. I'm surprised the stock isn't lower.
Oracle cloud was dead before it could get k–led.
Look at the growth rates of the companies at the top. They are staggering compared to "other" at 23% growth. It's not clear what portion of "other" oracle actually has, too.
That growth rate means that Oracle, and anyone else in the "other" category are falling far behind. I don't see anything good about that, and in any case, oracle management has had years to get their act together. I don't see that suddenly happening. There is no change at the CEO level, no one to do that, just the accounting lady is in charge. I truly believe she will see the problem as a large spreadsheet that will show her where to cut. I think that is all that will happen. LE himself, has talked about letting things melt away and has basically said that the cloud is just not that important to him. That really should tell you what you need to know.
I also was surprised by the “other” being so high a percentage. It actually shined a little glimmer of hope for OCI - maybe? But only if our management gets their heads out their a—e-s and seize on this.
Looks like google and TK are doing well. Seems like Oracle just missed out. Too much deception, lying and dirty tricks going on in Oracle dev to get anything real done.
Oracle "cloud" is dead.
I'm amazed 'other' has 38% of the market.