Oracle BrandVoice: Larry Ellison: Oracle Is 'Focused On Our Star Products' [Forbes]
Oracle Corporation (ORCL)
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Source: Forbes
Larry Ellison: Oracle Is 'Focused On Our Star Products' When announced its fiscal year financial results on June 19, Chairman and CTO Larry Ellison made it clear that the company has fast-growing products and fast-shrinking products—and that’s just fine by him. “We’re focused on our star products, and our star products are now driving our top line higher,” Ellison said. Some of the biggest stars are ’s Autonomous Database Fusion ERP human capital management cloud applications NetSuite cloud application suite “You have these very modern businesses…growing very rapidly, taking share, clear #1s in the overall marketplace,” Ellison said. “And you have these other businesses that are melting away, and we just don’t care.” Cloud Apps and Autonomous Database For example, for its 2019 fiscal year ended May 31, ’s Fusion ERP and HCM cloud applications revenues grew 32%, and its NetSuite revenue grew 32%. Autonomous Database, launched last year, is ’s newest star product. executives pointed t
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