Ellison's healthcare obsession carries risks for Oracle As Oracle disappointed markets with its financial results last week, CTO and founder Larry Ellison made a big sell of a growth plan based around healthcare, a plan not without its drawbacks. Big Red’s stock fell 4 percent after reporting its financial results for Q3, which showed revenue up 18 percent on a year earlier to hit …
Spoken with a few people who are very keen to move off Cerner since Oracle bought it.
Long term, commoditisation of some of these markets is going to happen and that will affect margins in a bad way. Regulation might also, at some point, wake up the hidden cost of Hotel California clouds and make getting your data back easier and cheaper.
"Dear sir, you might be suffering from a heart attack with imminent death risk, unfortunately you have not paid your license fees for 2022, therefore tough luck. Do not worry though, after your eventual death, we will very happily raid your estate and take the amount you owe to us, i.e., all of it".
Oracle just needs to find an assistant for Ellison that is well versed in yachting and can distract him any time he starts getting to think like he still runs the business. Sort of like Telsa and SpaceX have armies of handlers to keep Twitler as far away from the actual business as possible and they aren't the shit show inside a raging dumpster fire that is Twitter. If Ellison's handler does his/her/their job well, it'd be like the time Ellison was supposed to give some kind of presentation, but was a no show. After a bunch of frantic searching they found he'd blown off the event to fuck around on his yacht. Only this time, it'd be by design.
Ideally they'd keep Twitler as far away from Twitter as possible. When he violates the law or admits to violating the law, on Twitter, regulators have this annoying habit of using that as evidence against him and the companies he heads up. Maybe distract him with listings of horses and hire porn stars or prostitutes to dress up as flight attendants. Every "eccentric" company head would need handlers who know their specific foibles. I'm just spitballing here. Like maybe they could get Ellison interested in landscaping, so when he isn't on his yacht, he could be gardening on his property in Hawaii, or pretending like he was a castaway from Lost.
.. surely is that unlike office software, there is a degree of liability for failure. Hasn't Cerner actually killed a few people by delaying drug prescriptions due to data ending up in a dead-letter queue?
https://www.beckershospitalreview.com/ehrs/two-deaths-possibly-tied-to-flawed-oracle-cerner-va-ehr-rollout-house-members-say.html
https://www.spokesman.com/stories/2023/mar/15/senators-threaten-consequences-after-va-confirms-4/
What Oracle sells healthcare:
https://www.zero2turbo.com/wp-content/uploads/2015/11/Bugatti-Chiron1.jpg
What Oracle delivers:
https://ericlahti.files.wordpress.com/2018/04/yugo.jpg
I should add that, as a techie responsible for the implementation of Oracle products in a healthcare setting, Oracle does provide me countless opportunities to consider these kinds of analogies. Which is a lark. I suppose. Of maybe just the only way I cope.
Help.
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