Thread regarding Oracle Corp. layoffs

Oracle no longer relevant in todays cloud world

Oracle market share dropped from 36% to 16% of the total database Market between 2017 and today. Oracle didn't lose customers, it just didn't catch any of the new cloud customers. Oracle cloud represents a laughable 1.6% of the total cloud market. That is sad, really sad because the entire database market doubled because of cloud. It went from 40 billion to 80 billion 2017-2021, the vast majority of that was all in cloud.

Oracle did not invest infrastructure, instead they rented space in Equinix data centers. They assumed they could win the cloud war with "better software." What a joke. When I worked at Oracle in 2017 a customer asked how quickly they could get started if they ordered and Exadata that very day. I didn't have an answer but did some digging internally. The Ashburn datacenter (rented from Equinix) was at capacity. The customer would order the Exadata Oracle would build it and drop ship it with in 6 weeks. How's that for an elastic cloud?

I am glad I left Oracle... it's tu-d of a company. I got laid off and got a nice severance package too. Thank you, Oracle!

Merv Adrian wrote an excellent Gartner blog article that shows Oracle missed the cloud and that reduced its total database market share from 36% in 2017 to 20% in 2021.

Oracle lost 16 percentage points of total database market share over that 5 year period.

https://www.bloomberg.com/news/articles/2022-06-12/oracle-s-database-dominance-eroded-by-rise-of-cloud-first-rivals

When Shutterfly decided recently to move the database where it clusters reams of customer photos to the cloud, one name was noticeably absent from its list of potential providers: Oracle Corp.

The company had for years relied on Oracle products to manage the photo libraries of its more than 20 million active customers. But as Shutterfly progressed on the effort to switch its systems to internet-based services from Amazon.com Inc.’s cloud division, Chief Technology Officer Moudy Elbayadi recognized it also needed to shift its database to something that was easier to use.

https://www.techrepublic.com/article/new-gartner-report-shows-massive-growth-database-market-fueled-cloud/

See ya Oracle! Its time to fade away.

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| 3111 views | | 14 replies (last December 30, 2023) | Reply
Post ID: @OP+1pOuGrtY

14 replies (most recent on top)

LOL!

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Post ID: @wsof+1pOuGrtY

Does anyone know if there is a list of laid off Oracle OCI employees available somewhere?

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Post ID: @vcpb+1pOuGrtY

With poor strategy and vision only hard working employees are sla-ghtered in the name of PERFORMANCE. Who talks stays, who works is kicked OUT

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Post ID: @8hin+1pOuGrtY

I find it very ironic. Oracle has eliminated so many employees who had delivered past glories, for being over 40, while the company is 46 years old, LE is 79 and SC is 62.

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Post ID: @4tsi+1pOuGrtY

From my time inside, this article is on point. Just exactly who is OCI for? It's not like net-new customers are flocking in, just existing customers who are sadly locked in. All these "features"...who's asking for this junk?

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Post ID: @4tpt+1pOuGrtY

If the customers had a choice they wouldn't, it's only a matter of time before competition catches up. The days of glory are long gone..it's a depressing place hurling towards slow death.

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Post ID: @4yjw+1pOuGrtY

I pity Oracle customers. For Saas they pay multi million dollars every year for substandard monolithic slow app with horrible support. Once they buy Saas they are royally screwed but could not realize until they are in deep sh-t and hard to get out

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Post ID: @3jud+1pOuGrtY

Oracle hasn't been relevant for a long time. You can still milk your irrelevant products used by other irrelevant companies.

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Post ID: @2qwi+1pOuGrtY
I looked this guy up who was to be my "mentor".

Don’t look for mentors at Oracle. More likely they will direct you to lie so they can “catch” you and throw you under the bus later. Like has been said on here before: Trust no one. There is no one trustworthy in the oracle management.

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Post ID: @2tbg+1pOuGrtY

Oracle still maintains a substantial market share among companies whose senior management are the same age as Oracle’s CTO.

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Post ID: @1zln+1pOuGrtY

So with a measly little 1.6% cloud market share, it is so funny how Oracle puts on its “Cloud World” event every year! Oracle “acts” as if it’s a major player in the cloud space. What a joke.

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Post ID: @1vye+1pOuGrtY

Are they still renting Equinix data centers or have they built their own? If their own, any idea what % of data centers are not Equinix?

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Post ID: @wwy+1pOuGrtY

I looked this guy up who was to be my "mentor". OCI guy. Rah rah oracle. He dipped out and working for some small shop now. OCI is dead. 90% of the Oracle apps on OCI, you can replace with 1/4 cheaper apps. Just like oracle mgmt. Replace them with manequins with wigs. ahhahaha

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Post ID: @xrc+1pOuGrtY

you still have to have own cloud to host own products or you are doomed to be sla-ghtered by AWS, same as they do with competitive retail hosted on their platforms

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Post ID: @bah+1pOuGrtY

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