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Updated: 1:22 p.m. Friday, Sept. 28, 2012 | Posted: 12:15 p.m. Friday, Sept. 28, 2012
By Dave Larsen
Oracle Chief Executive Larry Ellison said emerging technology will lead the company to more intense competition with Miami Twp.-based data warehousing powerhouse Teradata, according to Forbes.
Oracle continues to widen its database lead over IBM and Microsoft, and reportedly is turning its attention toward specialized database companies such as Teradata.
The combination of speed and cost-performance offered by Oracle’s Exadata engineered systems will allow the company to stay ahead of other alternatives in the database and cloud technology markets, Ellison said during a recent quarterly earnings call with analysts.
“I think we’re going to be watching that business and we’re going to be focusing on competing more aggressively with Teradata than we have in the past,” he said.
Oracle President Mark Hurd was previously chief executive of NCR Corp., which spun off its Teradata division in 2007. Hurd left NCR in 2005 for computer giant Hewlett-Packard.
Teradata officials declined to comment. The company has about 350 employees at its world headquarters in Miami Twp.
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