SaaS will eat the world....including Oracle
Sure there is a ton of money to be made from SaaS.
Does anyone think Oracle can deliver that? Yeah, didn't think so.
They make very profitable software, but never have a goal of making good software.
Without magical levels of legacy compatibility, or C-suite extortion(see license audit/support strong-arm tactics), they will lose.
I confident they could muster up a lose in the absence of a challenger.