Oracle CEO Hurd Plans to Lift Almost All Products Into Cloud
This article is for subscribers only.
Oracle Corp. plans to make almost all of its services available via the Internet by mid-October, Co-Chief Executive Officer Mark Hurd said, as the database-software company changes its business model to fit a new competitive landscape.
“We are still investing, very much in our traditional products. But that said, we are moving those products to now be available in the cloud at a really incredible pace,” Hurd said in an interview at Bloomberg’s headquarters in New York. “We are not protecting, so to speak, anything.”