I was laying awake early this morning thinking about Oracle.
Typically I think big public companies are inept, but I would not count Oracle out. Ellison has long shown he viscerally gets where the stock market, the customer and the technology are going. He may be better at this than anyone leading a technology company today. He has pulled off stunning and dramatic turn arounds of Oracle in the past. He can force the company to shift out of sheer force of will, uncowed by the near term pain he may inflict on customers, employees or Wall Street in the process. That’s something that only Steve Jobs and Jeff Bezos can do well.
But to win, Oracle will have to change its strategy as dramatically as it did in 2006 when Ellison famously announced that software innovation was dead and just started to buy everything. Buying once-hot companies like Taleo and RightNow isn’t going to cut it this time when there are better products in the market like Workday and Salesforce.
Wole article here;