RC
Larry Ellison Interview at D10 - All Things Digital Conference 2012 (Full Video)
@ Ray Captain
02/27/19
Takeaways
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Larry Ellison
02/27/19
@ Ray Captain
The America's Cup is the oldest trophy in international sports, dating back to 1851, when the United States challenged Britain with the schooner America.
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Larry Ellison
02/27/19
@ Ray Captain
Since the 1850s, only six teams have won the America's Cup, making it the most difficult trophy to win; I tried three times before finally winning.
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Larry Ellison
02/27/19
@ Ray Captain
The boats used in the America's Cup are designed for extreme sailing, making them unstable and capable of reaching speeds of 40 miles an hour, which can be dangerous.
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Larry Ellison
02/27/19
@ Ray Captain
I've been the CEO of Oracle since 1977, making me one of the longest-running tech CEOs in Silicon Valley's history.
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Larry Ellison
02/27/19
@ Ray Captain
The internet was the last big change, and now it's maturing into what we call cloud computing, simplifying user devices while increasing complexity in the network.
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Larry Ellison
02/27/19
@ Ray Captain
I initially called the concept of networked computers the 'network computer,' which has evolved into what we now refer to as cloud computing.
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Larry Ellison
02/27/19
@ Ray Captain
Cloud computing is a branding evolution of the internet, which has been continuously developing for over a decade, not something entirely new.
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Larry Ellison
02/27/19
@ Ray Captain
Modern marketing has shifted from traditional surveys to analyzing data streams from social media, allowing companies to understand consumer behavior more effectively.
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Larry Ellison
02/27/19
@ Ray Captain
Creative destruction is essential for companies; if you don't keep your technology current, you risk being outpaced by competitors.
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Larry Ellison
02/27/19
@ Ray Captain
Oracle is not just an enterprise company; we have many customers in the consumer business, including major phone companies like AT&T and Verizon.
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Larry Ellison
02/27/19
@ Ray Captain
We decided to simplify data centers by integrating all components into a single building block, making them more reliable and easier to manage, while also trying to replicate Apple's model by providing large building blocks for customers to build their own data centers, similar to how Apple built the iPhone with integrated hardware and software.
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Larry Ellison
02/27/19
@ Ray Captain
The acquisition of Sun Microsystems has been our most profitable acquisition, already paying for itself, and we are making significant profits from it despite initial concerns about our hardware business declining.
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Larry Ellison
02/27/19
@ Ray Captain
Our hardware business has shifted focus to high-margin products, and while overall revenue may have dropped, our profits have increased significantly, indicating a successful transition.
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Larry Ellison
02/27/19
@ Ray Captain
The complexity of modern hardware is largely driven by software, with 98% of the iPhone's complexity being software-related, highlighting the importance of software in hardware design.
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Larry Ellison
02/27/19
@ Ray Captain
We're launching a comprehensive cloud platform that includes platform as a service and a complete suite of applications, which will be available on our Exadata machines, providing customers with more control and security.
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Larry Ellison
02/27/19
@ Ray Captain
Our cloud technology allows customers to run their applications in their own virtual machines, offering greater security and control compared to traditional multi-tenancy models.
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Larry Ellison
02/27/19
@ Ray Captain
We believe there's a significant opportunity to outperform IBM in the server market, particularly with our Exadata systems, as we have already surpassed them in software and database solutions.
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Larry Ellison
02/27/19
@ Ray Captain
SAP is facing challenges as they have not modernized their applications for the cloud, which presents us with a unique opportunity to capture market share in ERP and CRM solutions.
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Larry Ellison
02/27/19
@ Ray Captain
We are fully committed to cloud applications and have invested heavily in rewriting our software for the cloud, positioning ourselves to compete effectively against SAP and other smaller companies.
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Larry Ellison
02/27/19
@ Ray Captain
We are conducting primary research on diseases related to aging, such as cancer and Parkinson's, through the Ellison Medical Foundation, and have invested around a billion dollars in this area.
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Larry Ellison
02/27/19
@ Ray Captain
My advice to improve U.S. manufacturing includes a balanced immigration policy that attracts skilled engineers and scientists to stay in the U.S. and contribute to the economy, rather than sending them back to their home countries after training.