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 believe that our growth and PeopleSoft's decline resulted in part from an increase in our competitive win rate over PeopleSoft, and the fact that we are beginning to replace PeopleSoft at a number of major accounts,
The real highlight of our most recent quarter was the 57 percent growth in our applications business, and this merger is going to make that applications business bigger and stronger,
Our target has been low double-digit growth for databases, so we were not that far off.
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.
This is going to be an outstanding year for applications growth - don't let the 42 percent fool you.
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.
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.
I don't think that's an unreasonable target, ... through a combination of acquisitions and organic growth.
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're missing an operating system. You could argue that it makes a lot of sense for us to look at distributing and supporting Linux.
What they're doing is not the least bit subtle. The result of all the innovation will be bankruptcy for Netscape,
We have no large acquisitions in mind right now.
There is no more important platform for Oracle than HP and Itanium.