Oracle moves its business software into the cloud

Ellison predicted Oracle eventually will trump Salesforce and Workday.

Business software maker Oracle is finally adapting to a shift in computing that is threatening to turn the company into a relic.

The 35-year-old company hailed its technological transition June 6 at its Redwood Shores, Calif. headquarters, where hyperbolic CEO Larry Ellison announced plans to distribute more than 100 business software applications over the internet instead of selling them as products that have to be installed on individual office computers.

The concept of leasing software applications reachable on any internet-connected device is known as “cloud computing.”…Read More

Customers question tech industry’s takeover spree

Blackboard on July 7 announced plans to buy Elluminate and Wimba, both of which support online learning.
Blackboard on July 7 announced plans to buy Elluminate and Wimba, both of which support online learning.

The world’s largest technology companies have been on a buying spree, spending billions of dollars to snap up smaller companies. And often the buyers say they’re doing it for their customers—businesses, hospitals, government agencies, and schools, and colleges.

As tech companies get bigger and bigger, they say, they can offer a broader variety of products and make it easier for their customers to do one-stop shopping.

Yet if you ask the customers, you hear a different story. Often they get new headaches with multibillion-dollar deals by the likes of Oracle, IBM, SAP, Dell, and Hewlett-Packard. When you add the challenges that come with any corporate acquisition, it’s not hard to envision a reverse trend eventually building: a drive to split up tech companies that have grown too large.…Read More