Has Oracle Swallowed Endeca?
August 1, 2013
Oracle is making headlines in the likes of ZDNet and other sources, with some good news and some bad news. The ZDnet article, “25 Striking Things Oracle Said On Its Q4 Earnings Call,” discusses just that. Up first is that their quarterly earnings fell short of expectations.
However, there was some good news. In just the fourth quarter, Oracle added 500 new SaaS customers — noting that they are bigger and growing faster than Workday.
President Mark Hurd was quoted as stating the following reassuring statements that Oracle will not be slowing down:
“‘Next week we will be announcing technology partnerships with the most largest and important SaaS companies and infrastructure companies in the cloud,’ Hurd said. ‘And they will be using and committing to our technology for years to come…Hurd’s ‘startling series of announcements’ will ‘reshape the cloud’ and perception of it. He mentioned Salesforce, NetSuite and Microsoft.”
Anyone remember when Oracle acquired Endeca back in 2011? It appears that Endeca might be getting marginalized.
Megan Feil, August 01, 2013
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