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Mark Hurd's 10 Most Provocative Statements At Oracle Media Day

Oracle CEO Mark Hurd spoke with reporters about his company's plans for leveraging its SaaS business to seize B2B market share in an imminent wave of massive business software consolidation.

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Hurd Lays Out Oracle's Strategy For Market Supremacy 

Oracle CEO Mark Hurd phoned in for a discussion with reporters from around the world who gathered Wednesday at the tech giant's Redwood Shores, Calif.-headquarters for Oracle Media Day.

The seasoned tech executive shared Oracle's plans for leveraging its leading SaaS business to seize B2B market share from competitors big and small. He also weighed in on the direction of the hybrid cloud market and how artificial intelligence will be delivered to business users under the hood of their application suites.

Overall growth in the U.S. and global economies doesn't necessarily translate directly to increases in B2B spending, Hurd said. At the same time, midmarket businesses are seeing an infusion of capital in the current environment, which has supercharged Oracle's already fast-growing NetSuite business.

As the IT market is upended by the cloud, and Software-as-a-Service absorbs traditional budgets for data center infrastructure, Oracle has its sights set on seizing market share in an imminent wave of massive business software consolidation, he said.

What follows is Hurd’s 10 most provocative statements at Oracle’s Media Day.

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