Why is Oracle worth $260B?

#1

Post by gagejustins » Tue, Oct 26, 2021, 6:50 PM UTC

Re: Why is Oracle worth $260B?

#2

Post by gagejustins » Tue, Oct 26, 2021, 7:06 PM UTC

Hello everyone, author here. I wrote this post after wondering why Oracle is such a ubiquitous name, but almost no developers I've worked with have ever used it. After some research and conversations with a former employee, it turns out that the story is really interesting: Oracle was basically the first company to commercialize a RDBMS. And today they have what might be the fastest, most performant database at scale – if you're willing to pay for it.

Re: Why is Oracle worth $260B?

#3

Post by lord_sudo » Tue, Oct 26, 2021, 7:14 PM UTC

Woah! I never realized that Oracle was such an aggressive company. I always thought they were just good ol' boring enterprise software business.

Re: Why is Oracle worth $260B?

#4

Post by greenail » Tue, Oct 26, 2021, 7:20 PM UTC

I wonder what folks think of OCI? Does it have a chance to compete against AWS and M$ ?

Re: Why is Oracle worth $260B?

#5

Post by gagejustins » Tue, Oct 26, 2021, 7:22 PM UTC

greenail wrote: post #4

I wonder what folks think of OCI? Does it have a chance to compete against AWS and M$ ?

From what I'm told, they've been pushing it very aggressively to existing customers, and growth has been slowing over the past few quarters. Pretty impressive all in all, given they had to start from scratch fairly recently

Re: Why is Oracle worth $260B?

#6

Post by jwithington » Tue, Oct 26, 2021, 7:23 PM UTC

Is it because the discounted value of all future cash flows is $260B?

Re: Why is Oracle worth $260B?

#7

Post by greenail » Tue, Oct 26, 2021, 7:29 PM UTC

gagejustins wrote: post #5

greenail wrote: post #4

I wonder what folks think of OCI? Does it have a chance to compete against AWS and M$ ?

From what I'm told, they've been pushing it very aggressively to existing customers, and growth has been slowing over the past few quarters. Pretty impressive all in all, given they had to start from scratch fairly recently

sure, existing customer using OCI is a natural fit but why would an existing AWS or M$ customer move over there without any legacy?

Re: Why is Oracle worth $260B?

#8

Post by derwiki » Tue, Oct 26, 2021, 7:30 PM UTC

gagejustins wrote: post #2

Hello everyone, author here. I wrote this post after wondering why Oracle is such a ubiquitous name, but almost no developers I've worked with have ever used it. After some research and conversations with a former employee, it turns out that the story is really interesting: Oracle was basically the first company to commercialize a RDBMS. And today they have what might be the fastest, most performant database at scale…

IBM worked on an RDBMS in 1974, and Honeywell released a commercial RDBMS in 1976* before Oracle launched.

* https://en.wikipedia.org/wiki/Multics_Relational_Data_Store

Re: Why is Oracle worth $260B?

#9

Post by borski » Tue, Oct 26, 2021, 7:33 PM UTC

As much as I hate Oracle, it is damn fast.

Re: Why is Oracle worth $260B?

#10

Post by gagejustins » Tue, Oct 26, 2021, 7:38 PM UTC

derwiki wrote: post #8

gagejustins wrote: post #2

Hello everyone, author here. I wrote this post after wondering why Oracle is such a ubiquitous name, but almost no developers I've worked with have ever used it. After some research and conversations with a former employee, it turns out that the story is really interesting: Oracle was basically the first company to commercialize a RDBMS. And today they have what might be the fastest, most performant database at scale…

IBM worked on an RDBMS in 1974, and Honeywell released a commercial RDBMS in 1976* before Oracle launched. * https://en.wikipedia.org/wiki/Multics_Relational_Data_Store

Weird, everything I've read said the contrary, e.g. https://www.nytimes.com/2003/04/23/business/edgar-f-codd-79-...