Thread regarding Oracle Corp. layoffs

Cryptocurrency, supply chain management. Banking transactions. Cell phone calls. It can be used with mobiles orders and assembly line like the one at Chipotle. Block chain will help keep E-Coli out of your burrito.

Silly, doesn't everyone know that Blockchain solves all problems? Add the Internet of Thing (IoT) to that, and it prevents all future problems. Pretty simple.

Can someone list applications for block chain?

qrx: really???

Here’s we are in a discussion about how LE had that exact attitude about the Cloud, and how it has screwed Oracle into the ground. I sure hope that was satire!!

Blockchain is overhyped BS.

Well that's kinda the point. Blockchain as a service isn't a VM. You can spin up a pre-built distributed environment that is built on top of PaaS services and containers that will provision capacity and scale on demand.

I am not clear how "blockchain as a service" would even work. You can't do blockchain on a single server with any sort of performance. The Bitcoin network currently has a compute capacity of over 80 MEELION PetaFlops.

Maybe if the onprem hardware Oracle was selling was not so overpriced, and could be incrementally expanded, more people would have bought it. With sticker shock driving customers away Oracle countered with "If you don't"t want to buy it, how about you just rent time on it instead?". But as Oracle did not want to invest in all that upfront hardware, they waited until someone placed an order before "provisioning" it.

Meanwhile AWS can provision, or more importantly DEprovision, resources in just SECONDS because they already have surplus in their data centers. It is this flexibility that people want in the cloud.

If oracle had a ceo who actually knows something about technology and the current market, then maybe oracle could roll out a viable DBaas offering, etc., with the 3 stooges in charge, ha! No happening, it’s down, down, down all the way and all they’ll do with the cash flow is keep buying back shares to prop up the share price so LE doesn’t get margin calls on his borrowings. Oracle has no future, move on!

Maybe Oracle is trying to hard and trying to put too much in the cloud. Larry always focuses on tearing down the competition rather than focusing on what Oracle offers. However, what we offer is all the place and the announcements read like a Trump press release - you're never quite sure what's true or not. If we follow the example of going with your strengths in what you lead with in the cloud, doing DBaaS would be an obvious first start. IaaS would not be our strength but we could grow into it after learning from providing DBaaS. Doing something with PSFT in the Cloud as well. Are our apps suites really industry leading enough that anyone would really care if they are delivered as SaaS - maybe if they are really cheap and simple. Customers want Oracle DB. Customers want PSFT, arguably. People want Java so Java Dev Cloud could be a could leading product. Something really innovative like Blockchain as a Service might actually show that there is some innovation left in Oracle. Oracle also needs to get its act together with cloud support and put dedicated resources behind it but supporting such a wide range of ill-conceived cloud apps that don't work together is quite a herculean task.