+ Watch ORCL
on My Watchlist
The Company develops, manufactures, markets, distributes and services database, middleware and applications software that helps organizations manage and grow their businesses.
Oracle is a lazy company with horrible support and a mostly captive market. It's basically the database world equivalent of Microsoft in the 90s.Its recent acquisition of Sun might lead to interesting soft/hard-ware synergies (à la Apple, of which success story Oracle's CEO pays obvious attention, him being a friend of Apple's Steve Jobs), but I doubt it possesses the technical expertise and the engineering culture necessary to overcome the challenges ahead brought by some pretty disruptive changes in disk media.Moving from rotating hard drives disk to constant access time SSD devices has tremendous technological implications that I think Oracle will miss to the advantage of lighter and swifter new comers to the business.It will take time but by the time Oracle CEO realizes his error, this large boat will be too slow to change course abruptly.
Agree with most of the comments except about technical support. Oracle has very good technical database support. Better than any other companies. It is expensive but if you have a problem you will get it resolved. You cannot say that bout Microsoft SQL Server. IBM DB2 has good support but not as good.
If you think Oracle is a lazy company you are mistaken. Being in the industry for more than 25 years I have seen Oracle, though a huge company, internally operates like a startup. They really have a lot of superstars in technology working for the company. So never under estimate Larry and his team.
A significant percentage of the companies that need to make updates in hardware and the rapidly growing area of cloud services for that matter, are already Oracle customers. Oracle has strong relationships with these firms and a deep understanding of their needs. Their customer retention rate is outstanding. You can't underestimate the complexity and added cost associated with switching to new technologies and providers. Oracle has a solid pipeline of products. They are one of the best at communicating features, benefits, value and delivering on those promises. They are sitting on a goldmine of future upgrades and cloud technology expansion with their current customer base. In addition, they have significantly increased their sales force and are aggressively pursuing new business. I have personally witnessed Oracle go head to head against SalesForce and others and come out the winner delivering transformative cloud based solutions, particularly with a new cloud based service called Fusion. Oracle has never been the type of company that lapses or falls asleep at the wheel. Many of the new products are being rolled out with calculated timelines that will prevent them from prematurely disrupting or cannibalizing existing business units and revenue streams. Their customers know these technologies are coming and most of them are willing to wait.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions