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
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,
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,
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.
Based on our current pipelines the entire management team believes that the overall year should be very strong, ... Specifically we expect that Oracle's software sales will grow faster this year than last. And margins should continue to improve as well.
As the Internet grows, that's driving our top line, ... Last quarter, our software business grew 30 percent.
At one time we highlighted BEA for a possible acquisition, but less so now. We have passed them up...and they don't really want to be bought.
At one time, BEA was very high on our list. They're less interesting to us than they used to be. They also really don't want to be bought.
You can't conform in business, ... If you adhere to conventional wisdom, if you do everything everyone else does, you're going to lose, The only way to get ahead, to really get ahead. is to be different.
We will have more than 4,000 engineers supporting PeopleSoft customers all over the world, and they can stay on PeopleSoft applications or migrate to Oracle applications at their discretion, ... It's entirely their choice. We will not shut down PeopleSoft products.
We think that's a very important asset and we want to preserve and invest in it.