[caption id="attachment_48107" align="alignleft" width="150" caption="Ellison predicted Oracle eventually will trump Salesforce and Workday."][/caption]

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...

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