IT, SaaS
 

In InformationWeek’s CIOs Uncensored blog, Mary Hayes Weier reported that Larry Ellison has no interest in the SaaS trend because “there’s no money to be made there.”

Now either;

  • Ellison has way too much money or
  • His investment advisors are misleading him or
  • He’s going senile

Why do I say that? Ellison is a shareholder in Netsuite, a SaaS ERP enterprise.

Ben Kepes

Ben Kepes is a technology evangelist, an investor, a commentator and a business adviser. Ben covers the convergence of technology, mobile, ubiquity and agility, all enabled by the Cloud. His areas of interest extend to enterprise software, software integration, financial/accounting software, platforms and infrastructure as well as articulating technology simply for everyday users.

2 Comments
  • robin |

    … or any combination of the above …

    Also, if Ellison is investing in SaaS, would he do anything but downplay it?

    Reply
  • Seth Wagoner |

    Hmmm, or to translate: “Oracle isn’t going to help legitimatize SaaS because of the risk to our existing revenue streams”. Thing is, like Microsoft, they’re eventually really not going to have any choice about the matter. Amusing that he’s invested in an SaaS player, but I suppose he could claim “well, yeah, but they’re not making any *real* money” 🙂

    Reply

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