How many new customers does Oracle get?
It seems to me that while their strategy might produce good numbers in the short term; long term, it is going to kill off their business.
Last week, Salesforce CEO Marc Benioff promised he had received expert advice in tackling the company's problems – ones that have seen it resort to cutting around 10 percent of its workforce – by committing to following the Oracle playbook. In a move designed to reassure investors, he told analysts he had been in conversation …
I doubt that it has been said in the last 10years+
"I wish my SaaS provider were more like Oracle"
I'm an Enterprise Architect and anything Oracle is alarm-bells to me. If Salesforce start behaving like Oracle then I need to start shifting workloads away from our SFDC estate before they start holding us to ransom.
Marc Benioff, the CEO of Salesforce, appears to be borrowing strategies from Oracle to deal with the business' current issues, which include the necessity to eliminate about 10% of its personnel. Benioff has discussed talking to people and getting guidance from experts to help resolve these problems and reassure investors. It will be intriguing to observe the precise actions Salesforce takes and how they affect future business performance.