The Channel logo


By | Paul Kunert 12th October 2014 14:19

Oracle hires former SAP exec for cloudy push

'We know Larry said cloud was gibberish, and insane, and idiotic, but...'

Oracle has bagged itself a global head to manage the cloudy portfolio just a week after chief techie and erstwhile CEO Larry Ellison talked up the bets the company is placing behind the as-a-service model.

The database titan has hired SAP’s former president of global cloud and line of business Shawn Price, after the German software maker deemed he was surplus to requirement amid a global shake-out in May.

Price, who was in that SAP role for less than five months, is to be senior veep for product strategy and marketing, within Oracle's cloud division, reporting to joint-CEO Mark Hurd, according to Re/code.

The appointment follows Oracle Open World where on the last day Ellison asked attendees if they still felt the company looked like a dinosaur, after hitching a bunch of products to the cloudy bandwagon.

CRM now integrates the BlueKai cloud-based data-management platform for marketing, while Oracle’s cloud app platform witnessed six new services, and a biz intelligence subscription model was made public.

Ellison once described the cloud trend as “complete gibberish”, “insane” and “idiocy”. Clearly the perman-tanned exec realises it needs to create a strategy that resonates with customers that want to buy and consume technology differently.

Why the change of heart? Oracle reported fiscal Q1 numbers that again missed Wall Street estimates for the third consecutive quarter, and the board want to accelerate as-a-service growth.

In the opening three months of Oracle fiscal ’15, cloud revenues totalled $477m, up 29 per cent, and in that SaaS and PaaS were $339m, up 31 per cent year-on-year and four per cent sequentially.

Hurd said on a call with analysts that “while the transition of the cloud is in the early stages, we are already at a run rate of nearly $2bn”.

“We are focused on becoming number one in the cloud, being bigger than Saleforce in the cloud. And to do that we’ve got to increase our growth rates,” he added.

Prior to his global cloudy role at SAP, Price was president at SuccessFactors in charge of running the HCM business. Before that he was a board member at analytics app vendor Datameer, president at SaaS biz Zuora and CEO at business process management firm Savvion. ®

comment icon Read 3 comments on this article or post a comment alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe