In a conference call with financial analysts, he hinted that Oracle has left others so far behind that now he can think about dealing with Teradata Corp.
(Larry Ellison, 2011. Photo by drserg via Shutterstock)
According to IDC, last year Oracle pulled in $12 billion dollars in database sales, compared to US$5.1 billion for IBM and $4.9 billion for Microsoft.
Oracle isn’t doing badly, according to the financial results released Sept. 20. Measured by generally accepted accounting principles (GAAP), new software license and cloud software subscriptions revenues were up 5 per cent to US$1.6 billion. Overall, however, revenues were down 2 per cent. In a press release issued at the time of the results Ellison said enhancements to the Oracle Cloud are coming. These are expected to be announced at OpenWorld.
Currently a freelance writer, I'm the former editor of ITWorldCanada.com and Computing Canada. An IT journalist since 1997, I've written for several of ITWC's sister publications including ITBusiness.ca and Computer Dealer News. Before that I was a staff reporter at the Calgary Herald and the Brampton (Ont.) Daily Times. I can be reached at hsolomon [@] soloreporter.com
ITWorldcanada.com is the leading Canadian online resource for IT professionals working in medium to large enterprises. IT World Canada creates daily news content, produces a daily newsletter and features IT professionals who blog on topics of industry interest.