Skip to main content

Larry Ellison: SaaS doesn't fetch enough money

Oracle CEO and multi-billionaire technology investor Larry Ellison has dismissed the software-as-a-service industry as unprofitable.

Although his company made money from its on-demand applications business for the first time in its fourth financial quarter, Ellison said that the model had yet to become the profit driver that many had predicted.

“We continue to get better at it and grow the business,” he said in an earnings call yesterday. “[But] it’s not really growing any faster than our overall business.”

“We think that’s going to change over time,” he continued. “But the entire on-demand industry has to get better at making money in selling on-demand software.”

He pointed to the example of Salesforce.com, the on-demand CRM provider founded by a former Oracle executive, in which Ellison has a significant investment. “If you look at the leader, Salesforce.com, they don’t make very much money and they’ve been at it for almost 10 years,” he said.


More here
Labels:

Comments

Post a Comment

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus
Post a Comment
Read more

Splunk that!

Saw this advert on Slashdot and went on to look for it and found the tour pretty neat to look at. Check out the demo too! So why would I need it? WHY NOT? I'd say. As an organization grows , new services, new data comes by, new logs start accumulating on the servers and it becomes increasingly difficult to look at all those logs, leave alone that you'd have time to read them and who cares about analysis as the time to look for those log files already makes your day, isn't it? Well a solution like this is a cool option to have your sysadmins/operators look at ONE PLACE and thus you don't have your administrators lurking around in your physical servers and *accidentally* messing up things there. Go ahead and give it a shot by downloading it and testing it. I'll give it a shot myself! Ok so I went ahead and installed it. Do this... [root@tarrydev Software]# ./splunk-Server-1.0.1-linux-installer.bin to install and this (if you screw up) [root@tarrydev Software]# /op
Post a Comment
Read more

Virtualization is hot and sexy!

If this does not convince you to virtualize, believe me, nothing will :-) As you will hear these gorgeous women mention VMware, Akkori, Pano Logic, Microsoft and VKernel. They forgot to mention rackspace ;-) virtualization girl video I'm convinced, aren't you? Check out their site as well!
Post a Comment
Read more