Salesforce (CRM) Oracle (ORCL) Able to Share Data
Tweet
Share
E-mailGet Alerts ORCL Hot Sheet
Join SI Premium – FREE
On Thursday Oracle;s (Nasdaq: ORCL) CEO Larry Ellison told investors during the company's quarterly conference call he has big news to share next week.
"Next week, we will be announcing technology partnerships with the most important –the largest and most important SaaS companies and infrastructure companies in the cloud . . . I would call them a startling series of announcement with companies like Saleforce.com (Nasdaq: CRM), NetSuite (NYSE: N), Microsoft (Nasdaq: MSFT) all that happen next week will give you the details. These partnerships in the cloud I think will reshape the cloud and reshape the perception of Oracle Technology in the cloud. 12c in other words is the most important technology we've ever developed for this new generation of cloud security," said Ellison.
Part of the news, according to NY Times sources, is an agreement that salesforce and Oracle products will be able to easily share data.
Data sharing could make both products more attractive to buyers, thinks the NY Times.
"Next week, we will be announcing technology partnerships with the most important –the largest and most important SaaS companies and infrastructure companies in the cloud . . . I would call them a startling series of announcement with companies like Saleforce.com (Nasdaq: CRM), NetSuite (NYSE: N), Microsoft (Nasdaq: MSFT) all that happen next week will give you the details. These partnerships in the cloud I think will reshape the cloud and reshape the perception of Oracle Technology in the cloud. 12c in other words is the most important technology we've ever developed for this new generation of cloud security," said Ellison.
Part of the news, according to NY Times sources, is an agreement that salesforce and Oracle products will be able to easily share data.
Data sharing could make both products more attractive to buyers, thinks the NY Times.
Create E-mail Alert Related Categories
General News, Rumors, Trader TalkRelated Entities
Larry Ellison, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
