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Posted by Niamh Vaughan
Lots of exciting announcements at Oracle OpenWorld - In case you missed it, here are some of the highlights - Cloud at Customer Machine, New Competitors, complete Application Suite, SCM in the Cloud, Chatbots and much more!
Larry Ellison started off his keynote with some high-level remarks on the fact that Enterprise IT is in the middle of a generational change, moving from on-premise (many smaller data centers) to the Cloud (a few super data centers).
He compared the transformation in Enterprise IT to the change that took place in other areas, giving the example of the water network.
In the past, in order access water you had to have your own well, now we get our water from a water system. Ellison argues that the Cloud offers the same possibility for Enterprise IT– instead of each of us having our own, we now can access a common utility. Just as with other utilities, this generates Economies of Scale and means we get better service at a lower price.
Ellison then continued to talk about changes in the competitive landscape. Oracle’s major competitors are no longer the same as they were five years ago. According to Ellison, the two major competitors today are Amazon (Infrastructure) and Workday (Applications). Historically, their competitors would have been IBM for Infrastructure & SAP for Apps.
Ellison outlined the key design goals at oracle
Watch the full keynote here or a two minute summary below
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