Larry Ellison is a visionary. He is the fifth wealthiest man on the planet based on his skills of implementing his vision. Oracle’s technologies are miles ahead of anyone elses in the marketplace. The breadth of offerings is fully diversified in the hardware, software and services domains. Oracle is the IBM of the 1950’s and 1960’s. There are no others that can play the game that they are in. Its just that the game is not being played at this time. People are comparing the financial performance of the firm against the other “cloud” companies such as Salesforce and Workday. I think Oracle is looking to compete in the marketplace that is defined in the Preliminary Specification, the user community and the service providers. Where industries are being disintermediated by technology and looking for the entire technology stack to be provided by one solutions provider.
Oracle has invested $50 billion on over 100 acquisitions over the past decade. They have also invested massive resources in terms of research and development based on Larry’s vision. The products are there, I can see them, and they make me want so badly to get to them. What is needed is to take these disparate products and package them into a coherent single unified message and market that to industries on the basis of what could be. Much as what we are doing here for oil and gas at People, Ideas & Objects. Technically Oracle has the opportunity to provide the hardware, software and related services to the commercial world. Just as IBM did in the 1950’s and 1960’s. Who is going to stop them. And who is going to provide that infrastructure to those industries in the next decade?
IBM’s technology isn't there anymore. They sell very little hardware and the software they do sell is Linux based. Not even their own proprietary operating system. DB2 was a challenger in the database in the past, but can’t hold a candle to Oracle in the distributed computing world. And Oracle was dominant there a decade ago. Sybase is a SAP technology, which is an ERP system, and only an ERP company. HP is on life support. Dell is restructuring. Most of IBM is Lenovo which is Chinese, and therefore government. Where exactly is the competition to Oracle’s unified, diversified, integrated, hardware, software and services offering going to come from? There is no choice. And anyone will need at least two decades to catch up to Larry Ellison's current position.
I’m sure Larry Ellison is frustrated with the impatience of his investors. He still holds 25% of the company and would like to see the developments happen quicker too. He however has seen his impatience get the better of him in the past. He still pays dearly for his attack on his partners in February of 1997. I wasn't the only one. He has been moved to the Executive Chairman position which means he’s still full time. And he is also now the Chief Technology Officer. So maybe it is his chief responsibility to make a coherent message of this broad product range. I see this as removing the constraints of being a CEO and enabling him to focus on where he builds the most value. On developing the overall vision and delivering the products of the firm.
The Preliminary Specification and user community provides the oil and gas producer with the most dynamic, innovative and profitable means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don't forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.