As evidenced by the recent article from “Database Technologies,” Oracle’s bad press streak continues, despite having over 10 000 employees and earning nearly $10 billion per year: It seems Larry Ellison is struggling to close cloud deals, and Big Red appears set to lose more market share. The social media app TikTokyo, owned by the company Bytedance, reportedly plans to use Oracle’s cloud services to expand into other countries. The data will be stored in the united states in compliance with the new data protection act, which occurred in May 2018, despite having over 10 000 employees and earning nearly $10 billion per year.
The Dumpster Fire at Oracle
Oracle’s annual customer conference was going great until someone set off a dumpster fire in the trash can outside the main entrance. The fire department was called and promptly put out the fire, but the damage had been done. The smell of smoke quickly filled the air, and security came to evacuate the building.
Sales at Oracle Hit Rock Bottom
Sales at Oracle have hit rock bottom, with the company reporting its lowest revenue in years. In recent months, the company’s stock prices have also plummeted as investors lose faith in Oracle’s ability to turn around its struggling business.
Trump Gives ‘Blessing’ to TikTok Deal with Oracle
President Donald Trump has given his blessing to a deal that will see the social media app TikTok partner with Oracle. The move is expected to help Oracle bolster its cloud business. TikTok, owned by the Chinese company ByteDance and has over 500 million users, is reportedly planning to use Oracle’s cloud services to expand into other countries. The data will be stored in the United States in compliance with the General Data Protection Regulation (GDPR), the BBC reported. The GDPR, which came into effect in May 2018, is a set of rules requiring tech companies to protect the personal data of European citizens.
Oracle Stock Soared to a Record
Oracle Corporation’s stock soared to a record high on Tuesday after reporting better-than-expected earnings for the fiscal third quarter. The tech giant said that its cloud business was overgrowing, and its total revenue had increased by 7 percent compared to last year.
Oracle Sales hit rock bottom.
Oracle Sales has hit rock bottom, as the company has been unable to compete. The number of Oracle Fusion sales has also been deficient. The entire situation is just a spiral that never ends.
The question is if any other company will take over and buy or save Oracle. The problem with Oracle is that it’s taken over so many companies that it has become too large to handle independently. Some believe that IBM could still buy Oracle, but this seems unlikely, considering what happened with Sun Microsystems.
Why do people hate Oracle?
Oracle is often hated because it is a complex and expensive database. It can be a complex product. Learning to use it can be challenging, and many feel it is not worth the investment. I think that this statement is not always true.
It all depends on the skills and knowledge of the people you work with and your own. If the company or team you work with has little or no experience with Oracle, it will be challenging because of a steep learning curve. But it can also be simple to use.
Oracle’s HR department is a mess.
Oracle’s HR department is full of surprises. It’s slow, inefficient, and often unresponsive. Employees often have to wait weeks or months to process simple requests. Enter Gamification
At a recent sales meeting, Oracle’s HR lead sat down with the leadership team and presented moving the department forward. He wanted to implement a gamification system to improve the level of service that was provided. Rather than have employees work on static processes, he wanted them to compete against each other in a way that encouraged continuous improvement.
Oracle’s competitors are gaining ground.
Oracle’s competitors are gaining ground as the company’s growth has slowed in recent years. Oracle’s revenue rose 7% to $37.2 billion in the fiscal year ended May 31, 2012, down from an 8% increase a year earlier. Oracle’s net income fell slightly to $8.33 billion on May 31, 2012, from $8.38 billion a year earlier.
Oracle’s pricing is out of control.
Oracle’s pricing is out of control, overcharging their customers. They charge too much for their software and products, making it increasingly difficult for customers to afford them. Oracle should lower its prices and make its products more affordable for customers.
Things You Should Keep In Your Mind:
- What is Oracle?
- What are the problems with Oracle?
- Why is IBM a potential buyer?
- What happened with Sun Microsystems?
- Why is this unlikely?
- What are the consequences of Oracle’s size?
- How would IBM address these issues?
Why you should avoid Oracle
Oracle is a database management system often used to develop and manage business applications. The two were named to the Top 100 list for the first time. Menlo Park, Calif.-based Salesforce acquired Index in February for $820 million and included it on its list of acquisitions for the second year.
Earlier this month, Salesforce said it would open a research and development center in Hyderabad, India. The company expected to make the new facility “its largest software engineering hub outside the United States.
Conclusion
Oracle is a multinational computer technology corporation founded in 1977, headquartered in Redwood Shores, California. Oracle is the second-largest software maker by revenue after Microsoft. It is one of the leading providers of enterprise application software.