Saturday, June 27, 2009

Oracle moving to the cloud?

I had alluded in my post on 18-Jun about a reorg at Oracle the apps. This has been confirmed by Rueters on 24-Jun.

I had infact sent a mail on 18-Jun to Oracle's Investor Relation seeking confirmation on Ed Abbos employment status at Oracle. There was no response from Oracle. I am still waiting for a response from Oracle.

Salesforce.com CEO Marc Benioff in an interaction (watch the video) with Om Malik of Gigaom (on 25-Jun) casually alluded to the fact that Ed Abbo was fired after their earnings call on account of declining apps license revenue (this is Marc's view)

Does the exit of Ed means that there is a change in strategy in apps at Oracle. Does this exit means a move to the cloud for Oracle apps, given that Larry has recently shown greater regard to the cloud

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