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
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.
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.
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.
Despite what everyone says, our software is actually cheaper.
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.
We will still be enormously profitable and by far the most profitable enterprise software company.
Really great blogs do not take the place of great microprocessors. Great blogs do not replace great software. Lots and lots of blogs does not replace lots and lots of sales.
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.