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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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Hybrid Cloud Isn't Going Anywhere, But Will Skew Public 

The hybrid world will be around for a while, but there will be less of it on-premises and more of it in the cloud. Getting people to nimble architectures is key. Getting out of these static, fixed architectures, fixed cost structures, is where they need to go.

Everybody is going to move to modern applications when they can. Those are going to be SaaS. Those are going to be cloud, dev-test, which is a big part of IT, is going to move to cloud.

There are going to be certain workloads, and certain industries, in places like financial services, pharma, that will have regulatory issues that slow down things here or there.

By the time we get to the early part of the next decade, you're going to see 40, 50 percent of all these workloads in the cloud. Just last year, 15, 16 percent of the data centers in the U.S. closed.

 
 
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