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
Well, about four years ago I made a provocative statement saying that the PC was a ridiculous device, ... You have to add software to your PC to make it work sometimes. The whole idea of putting a floppy disk into a PC and loading software is ridiculous. The whole idea of backing up the data on your PC is ridiculous.
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.
Four years ago at Telecom 95, I made some people very angry when I said the PC is a ridiculous device. Now the Internet has pushed the PC off stage, and will eventually change, not just the industry, but our economies and cultures.
We 're not changing our strategy. We have an Internet strategy; we decided that four years ago.
We highlighted 10 of our more than 450 customers that are currently live after just one year of the e-business suite.
We're very excited about this product. It's one of our biggest announcements for many, many years. It's the result of years of innovation and hard work.
I slept fine over the weekend, so conclude what you like. We're going to have a great year.
Every application we make works with the Mac today,
Rather than try to fight the open source trend, we think it's important to find ways to make it work to our advantage.
Our current quarter looks a lot stronger than our previous quarter, ... We're seeing some of the big deals coming back.
Our applications business is strong and getting stronger, ... Oracle's new e-Business Suite puts every aspect of a business -- marketing, sales, service, procurement, supply chain, manufacturing, accounting, human resources -- everything, on the Internet. All the applications in our suite are designed and engineered to work together, so customers buying the entire suite don't need to do any systems integration.
PeopleSoft is doing everything it can to prevent its shareholders from voting, ... If PeopleSoft's Board is so convinced that the J.D. Edwards acquisition is a great deal, why won't it let their shareholders vote on it?
PeopleSoft executives are traveling around telling customers that we will 'kill' PeopleSoft's products and force them to move to Oracle's applications, ... These are lies and scare tactics.
I've never experienced anything remotely like this. It's been a very emotional experience to get here. This is not what this is supposed to be about. A lot of us are upset.