On the heals of what appeared to be a "green light" Monday from the EU bureaucrats on it's $7.4 billion acquisition of Sun Microsystems, Oracle reported better-than-expected second quarter sales and profit Thursday.
According to a Jeffries & Co. analyst, there appears to be a recovering market for corporate software and the second quarter for Oracle was a turning point that signals enterprise spending on software is really starting to improve.
As a one-time employee and continued supporter of Sun Microsystems, a company among the leading technology innovators in the business, I hope this week's news is a good omen for Sun. If Ellison is correct in his September statement that Sun has been losing $100 million a month, employees, shareholders and customers alike will be well served under an Oracle change in control early next year.
NiCE bets the company on AI, data and accountability, and the legacy
business buys it time
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Every company in the customer experience ecosystem now claims to be an
artificial intelligence company. Last week, at NiCE Ltd.’s annual industry
analyst...
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