Oracle: The Yankees of software?

Posted in: Technical Track

Much like Yankees owner George Steinbrenner, Oracle CEO Larry Ellison has spent a lot of money—with not much to show for it. Oracle won a hostile takeover bid of PeopleSoft late last year, thereby eliminating a key competitor. The company also came out on top in a bidding war with rival SAP for retail software firm Retek. But despite all of this activity, Oracle’s stock remains lodged at roughly the same level it was at when the company first announced the PeopleSoft bid almost two years ago. On the other hand, shares of SAP have gone up nearly 50 percent.

Some analysts do predict that Oracle’s luck is about to change. With the company poised to report its fourth quarter sales and earnings on Wednesday, Oracle is expected to show strong results. read article.

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About the Author

As Pythian’s Chief Executive Officer, Paul leads this center of excellence for expert, outsourced technical services for companies whose systems are directly tied to revenue growth and business success. His passion and foresight for using data and technology to drive business success has helped Pythian become a high-growth global company with over 400 employees and offices in North America, Europe, and Asia. Paul, who started his career as a data scientist, founded Pythian when he was 25 years old. In addition to driving the business, Paul is a vocal proponent of diversity in the workplace, human rights, and economic empowerment. He supports his commitment through Pythian’s hiring and retention practices, his role as board member for the Basic Income Canada Network, and as a supporter of women in technology.

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