Oracle to Overhaul Pricing

In an effort to consolidate the various pricing schemes inherited with its recent acquisitions, Oracle will be redefining its licensing models. According to Oracle president Charles Phillips, the company is using customer feedback to explore different approaches to selling its software. Phillips added that Oracle’s new pricing models will be “based on business metrics.”

Phillips stressed that users will be able to retain any current pricing schemes they are under and that any new scheme would be strictly voluntary.