Search
Homepage This page's url is: -crn- Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs Cisco Newsroom Dell EMC Newsroom Hitachi Vantara Newsroom HP Reinvent Newsroom IBM PartnerWorld Newsroom Lenovo Newsroom Nutanix Newsroom HPE Zone Tech Provider Zone

Oracle Co-CEO Hurd On Tech Stocks, Trade Wars And The $10B Pentagon Cloud Contract

Oracle co-CEO Mark Hurd also discussed his company's acquisition strategy and the benefits of cash repatriation.

1   2   3   ... 11 Next

photo

Hurd's Words

Oracle co-CEO Mark Hurd shared his thoughts Monday on the inscrutable valuation of tech stocks, consolidation in the Software-as-a-Service industry, Oracle's acquisition strategy, the benefits of cash repatriation, and the potential for a trade war brought on by the current U.S. administration.

Hurd fielded questions from journalists on those topics at a media event at Oracle's Redwood Shores, Calif. headquarters after Oracle announced it would make its premium Platinum-grade support service a standard offering for enterprises using its SaaS products.

He also discussed, though somewhat cryptically, what he hopes to see in the bidding process for the Pentagon's $10 billion cloud transformation project.

The award of that looming contract, part of the U.S. military's JEDI initiative, has ignited a firestorm of controversy in the industry, with Oracle and other tech giants, including IBM and Microsoft, voicing concerns that draft RFPs look tilted toward Amazon Web Services.

 
 
1   2   3   ... 11 Next

sponsored resources