Oracle in 2022
Just recently, in 2021, when the stock market was in one of its volatile bouts, I read an article about Oracle’s slide from its dominant position in the database market. A position it once considered its stronghold.
In fact, Oracle lost business to other, more nimble competitors. Post that, they laid off a bunch of people in 2022 since their database market was shrinking.
Why was this happening?
Well, to start with, the public cloud was all of a sudden looming over the…
Article Source
https://medium.datadriveninvestor.com/the-phoenix-of-silicon-valley-how-oracle-reinvented-itself-for-the-ai-age-a7fe37179a11
