Can Oracle lead in the cloud? Only if customers follow
If there was any single take-away message from Oracle co-CEO Mark Hurd at the company's OpenWorld show this week, it was that Oracle has now fully arrived at the cloud party and is ready to lead. Whether that can happen, however, is entirely up to customers -- and their buy-in is far from guaranteed.
Oracle made several key additions to its cloud portfolio this week, including new applications for manufacturers.
"We now have virtually 100 percent of our portfolio rewritten, rebuilt and modernized for the cloud," Hurd told an audience during his keynote speech on Monday. "We're going to lead a decade-long transition to the cloud."
Now, the company wants customers to follow. While just 25 percent of production apps today run in the cloud, according to Hurd, a whopping 80 percent of production apps will do so by 2025. He also said that virtually all enterprise data will be stored in the cloud by then.
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