Oracle needs to highlight its strengths in the cloud, such as artificial intelligence applications, said Amit
Zavery, executive vice president of Oracle’s cloud platform, at The Information’s hybrid cloud and AI
event in Seattle. Also appearing at the event on Wednesday morning were executives from Google and
IBM, both of whom were upbeat about their company’s prospects in offering public cloud services.
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Meanwhile, an IBM executive at the summit indicated it’s still early days in cloud computing and that
IBM has a chance to gain market share.
“[Enterprise customers] are all getting on the journey to cloud. It’s a pretty massive [market] and we
want to make sure we get a fair share of that opportunity,” said Faiyaz Shahpurwala, general manager
of IBM’s cloud platform.
During the event, Mr. Shahpurwala was asked how IBM can compete with the bigger cloud players
despite reducing its capital expenditures steadily in recent years, to $3.3 billion annually from $3.8
billion, while its rivals have increased their purchases of servers and other equipment to be several
times greater than IBM. He said the company was increasing its investment in cloud services.
"It's still in the early days of cloud computing" -- Sounds like the exact same sort of thinking that caused IBM to be super late to the Cloud game in the first place. Good job guys for learning from your past failures!
"IBM has a chance to gain market share" -- A chance? No quantification of that of course, so let's hazard some guesses: 1%? 5%?
". . .reducing its capital expenditures steadily in recent years, to $3.3 billion annually from $3.8. . ." -- It's not just capex that IBM's been steadily reducing. . .
https://www.theinformation.com/articles/oracle-says-it-needs-to-change-customer-perceptions-to-win-cloud-business