Larry Ellison
Larry Ellison
Lawrence Joseph "Larry" Ellisonis an American businessman who is co-founder of Oracle Corporation and was CEO from its founding until September 2014. He currently serves as executive chairman and chief technology officer of Oracle. In 2014, he was listed by Forbes magazine as the third-wealthiest person in America and as the fifth-wealthiest person in the world, with a fortune of US$56.2 billion...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth17 August 1944
CityNew York City, NY
CountryUnited States of America
At one time, BEA was very high on our list. They're less interesting to us than they used to be. They also really don't want to be bought.
I don't think that's an unreasonable target, ... through a combination of acquisitions and organic growth.
PeopleSoft executives are traveling around telling customers that we will 'kill' PeopleSoft's products and force them to move to Oracle's applications, ... These are lies and scare tactics.
I slept fine over the weekend, so conclude what you like. We're going to have a great year.
In order to grow at this pace, there'll have to be a couple of acquisitions along the way. The tricky thing is to grow at this rate and maintain a 40 percent operating margin.
Our target has been low double-digit growth for databases, so we were not that far off.
It's a nontrivial process to supply certification. IBM is much better equipped to go through it (than many companies). I'm not sure I can say that for these other databases,
Rather than try to fight the open source trend, we think it's important to find ways to make it work to our advantage.
I think that's going to be difficult to achieve,
Our applications business is strong and getting stronger, ... Oracle's new e-Business Suite puts every aspect of a business -- marketing, sales, service, procurement, supply chain, manufacturing, accounting, human resources -- everything, on the Internet. All the applications in our suite are designed and engineered to work together, so customers buying the entire suite don't need to do any systems integration.
A year from now, we'll have over 4,000 customers live on the e-business suite.
As far as J.D. Edwards, we're certainly interested, ... We've been looking at that closely as well. It's simply a matter of terms of the deal and price of the deal. We're keeping our options open there.
I hope they can amend the constitution to let Bill Clinton run again... I'm very fond of Bill Clinton personally... the world's going to miss him. He's gifted, bright, charming and charismatic.
This is going to be an outstanding year for applications growth - don't let the 42 percent fool you.