Oracle’s Hurd says 95% of its software will be cloud services this year

Cloud & Services IT Asset Management News Software | 0 comments

by | April 28, 2015


Oracle co-CEO Mark Hurd has said the database giant plans to make substantially all of its software products available as cloud services, and that it will be ready to start signing up subscriptions come this October.

Hurd made his comments in an interview with Bloomberg on Thursday, saying that 95 per cent of Oracle’s products will be offered as services by the time the firm hosts its annual OpenWorld conference in October. Around 65 per cent of Oracle software is available as cloud services already, he said.

“We are not protecting, so to speak, anything,” Hurd said, adding that Oracle is moving its offerings to the cloud “at a really incredible pace.”

Hurd’s statements echo ones made earlier this year by Oracle overlord-cum-CTO Larry Ellison, who vowed that “Oracle will sell more SaaS and PaaS systems than Salesforce.com in this current calendar year, 2015.”

SOURCE: theregister.co.uk

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