With its new initiatives, Oracle is trying to make it easier for its on-premises users to move to the cloud and is changing the way it provides pricing and volume discounts.
“The enterprise software market is doing well. But it’s all about the cloud for Oracle. It’s about making that migration and Larry was really late doing that.”
Ellison said demand from large clients for infrastructure cloud services outstripped supply in the last quarter, so the company is scurrying to expand data centers.