Larry Ellison
Larry Ellison
Lawrence Joseph "Larry" Ellisonis an American businessman who is co-founder of Oracle Corporation and was CEO from its founding until September 2014. He currently serves as executive chairman and chief technology officer of Oracle. In 2014, he was listed by Forbes magazine as the third-wealthiest person in America and as the fifth-wealthiest person in the world, with a fortune of US$56.2 billion...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth17 August 1944
CityNew York City, NY
CountryUnited States of America
We think of Microsoft as our major competitor in the database business, not IBM,
No one has ever done this before. We think it will be a huge market and we think it will help drive database growth for years to come.
Oracle's database and e-Business applications have become the software standard for the Internet, ... All 10 of the world's biggest Web sites use Oracle, as do 93 percent of the public dot.com companies. The faster the Internet grows, the faster we grow.
What is Oracle? A bunch of people. And all of our products were just ideas in the heads of those people - ideas that people typed into a computer, tested, and that turned out to be the best idea for a database or for a programming language.
We think we're going to be especially strong in platform where we have our two platform brands: our database brand is the Oracle Database 12c, and our programming language brand is this thing called Java.
While that may underscore our database growth in the fourth quarter, it bodes extremely well for database sales in the first quarter, and the second quarter and the third quarter, ... It's because we didn't sweep the table in the fourth quarter and we will never sweep the table again.
In most companies, one database replaces dozens of Exchange servers,
Back in 1995, it was very clear to us that we had to stop doing desktop software and we don't do any desktop Windows software, ... We moved everything to big Internet servers. Our database is designed for the Internet, our applications are designed for the Internet.
The growth rate is also higher than our database business. It's a sticky business with the license renewals and is on the high end of our value chain.
The growth of corporate intranets and the World Wide Web is driving demand for both the Oracle8i database and our applications,
We think this year, this wonderful year, was our period of adjustment, ... We think that transition is behind us and top-line growth will look a lot better this coming year. Our pipeline is just over the moon.
We used to be friends a long time ago, ... a good deal of social time with Bill. Less so recently.
Those that believe this is merely a cyclical downturn are mad. Our industry is going to mature and, as something matures, the rate of innovation does slow.
Twenty minutes compared to never, that's a lot. Our customer, the (U.S.) Central Intelligence Agency (CIA), would get very upset (if) somebody looks in their database,