Are they selling the MBAs at Fortune 500s? And is that how IBM stays afloat as well?
Are they selling the MBAs at Fortune 500s? And is that how IBM stays afloat as well?
And that's before we get into the fact that Oracle is not just a database company. They have a bunch of other products targeted at many different industries and applications, such as project management, ERP, procurement, etc.
Oracle wants to be the one-stop shop for technology needed by any of the many, many legacy industries that aren't tech, and in many industries they succeed at that.
take Opera. You buy it to run eg an amusement park or a casino or chain of hotels. That's a relatively complex thing to do, and not something that amusement parks or hotels are capable of building out a team of devs to build themselves.
The list of things that are table stakes would run $10-$20m of devtime for a decade to build out. Bookings (both individual, block for events, and syncs w/ expedia or others) / payments / loyalty + customer relationship management / etc.
If you are working in a government or in a large company that can be the main factor for decision.
https://investopedia.com/terms/k/kickback.asp
The other one, is legacy systems.
If you are a big bank, migrating away is a big risk, and anyway you make so much profit that it’s better to leave an extra 10M USD license fees in costs untouched, rather than risk destroying the 300M USD in profit.
(Add that to the risk that your CTO may get mad because he won’t get his kickback)
There is also plenty of 3rd party LoB software that requires Oracle databases as well.
Also, yea, there is still plenty of companies onboarding Oracle Products, usually due to some new exec they hired who used it at last company and swears that it will revolutionize their business.
When they talk to actual tech companies, they probably laugh when we can’t figure out what they actually do. We’re children playing with Postgres and node apps while they’re owning entire markets every quarter.
Took me a while to realize this, but the need they serve is just that people want their businesses to work, including complying with all laws, do payroll, keep customer lists updated, send documents to the CEO for approval, order supplies from China and produce financial reports. Every business with a decent size will need that, so Salesforce, Oracle, IBM, SAP, Microsoft and friends, with help from McKinsey, Accenture & Co pick up the slack, with kickbacks all around.