Reply to post: He doesn't understand "cloud" - well, neither does Oracle ...

Moneybags Buffett on ditching Oracle stake: I don't think I understand where the cloud is going

EricM

He doesn't understand "cloud" - well, neither does Oracle ...

Oracle still thinks it is becoming a cloud vendor, while in reality they are a tool vendor with a hardware compartment and identity problems ...

Cloud is the reason they they are losing territory due to detoriating tool quality and byzantine licensing terms & conditions in non-cloud and foreign-cloud environments .

It's a good thing Mr Buffet admits to himself he does not really understand the market and draws the correct consequences.

That is exactly the way Oracle is not acting.

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