Oracle CEO Hurd Sets Goal to Dominate Apps Market

The transcript discusses Oracle's strategy to capture a larger share of the SaaS market, which is expected to grow significantly. The applications market, including ERP and HR, is a major focus, with predictions of exponential growth as it transitions to SaaS. Oracle is investing heavily in cloud infrastructure and aims to lead the market. The company is cautious with M&A, focusing on strategic alignment and vertical applications. Oracle's strategy involves leveraging its existing user base and ensuring seamless integration of applications.

What is the expected growth of the applications market as it transitions to SaaS?

• It will double.

• It will remain the same.

• It will triple.

• It will decrease.

Which segments make up the applications market according to the transcript?

• ERP and CRM

• Sales and marketing

• Cloud and on-premise

• Back office and front office

In which areas is Oracle currently leading according to the transcript?

• Supply Chain and Procurement

• Sales and Marketing

• ERP and HR

• ERP and CRM

What is Oracle's approach to transitioning its existing user base to cloud services?

• Offering discounts for early transition

• Setting a strict deadline

• Allowing users to move at their own pace

• Forcing immediate transition

What is the current highest market share percentage held by any company in the applications market?

• 30%

• 25%

• 50%

• Mid 20s

What is Oracle's strategy regarding mergers and acquisitions in the applications market?

• Only acquiring large companies

• Avoiding any acquisitions

• Focusing on organic growth through R&D

• Aggressively acquiring companies

In which areas has Oracle been most active in terms of acquisitions?

• Cloud infrastructure

• Marketing and sales

• Vertical applications in discrete industries

• Horizontal applications