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Oracle reports losses as pressure mounts from cloud and open source alternatives

Posted by rsmiller on · 3 comments
Tech Target View From Above; By Ron Miller 		Mail this story
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Oracle reported a modest loss in its most recent quarterly earnings report, but it could be a sign of a more fundamental underlying problem as the company faces pressure from cheaper cloud and open source alternatives.

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Comments (3)

cjcox ·
In general, the world is not opposed to paying for software and services. However, in Oracle's case, they have built themselves a "lack of trust" reputation now. And when you lose the people's trust, they will reconsider their options.
dinotrac ·
There is also this teensy problem of Oracle doesn't want to be paid for its wares and services, it wants to be paid a freakin' bloody fortune.
JaseP ·
Let's face it,... Oracle wants to be paid a "tax" for inventing corporate enterprise computing. Trouble is; A) they're not entitled to it, & B) they didn't invent the bloody thing in the first place.

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