The buzz from analysts and reporters is that Larry Ellison is rethinking Oracle’s cloud computing strategy. Just last year, when asked about cloud computing, Larry said, “Maybe I’m an idiot, but I have no idea what anyone is talking about. What is it? It’s complete gibberish. It’s insane. When is this idiocy going to stop?” If he’s flip-flopping, it’s interesting. Since Oracle’s one of the titans of Silicon Valley, it’s news.
You know what’s bugging me? Is Larry really “creeping into the space just nine months after he mocked the business model” as reported in The Wall Street Journal last week? Really? The guy who embodies going against the grain, and stands by his own opinion even if it’s wrong, is backtracking? Say it ain’t so!
According to The Wall Street Journal, that’s exactly what happened during a call following Oracle’s fourth-quarter results on Tuesday. On the call Ellison said that some portion of revenue from …