Mark Hurd CEO of Oracle Corporation is a great personality in the business world. He is the CEO of the company which is having the net revenue of about 37 billion dollars. It is one of the biggest IT Companies in the world and it really makes a difference for a person to become the CEO of one of the Tech Giants of the world. Prior to becoming the CEO of Oracle, he was the president in HP but due to some wrong allegations, he has to resign although, he had done nothing wrong which enabled him to come clean from the wrongful allegations and contribute to the effectiveness of Oracle.
Contribution of Mark in Cloud computing
Cloud technology is growing at a faster pace and Oracle Corporations Company is trying hard to provide better cloud services to the customers. Mark Hurd is playing an important role in developing the company as a cloud giant. Recently, he has told the reporters that he along with his company is making efforts to disappear nearly 80% of the corporate data centers before 2025. These days, people are becoming technology centric which enables them to access the cloud technology with more ease for various works. Now many of the applications have shifted to the cloud technology.
It is the technology for the customers hence Mark has claimed that there will be a budget of about $2.07 trillion to make this technology accessible to the customers from all over the world. He has also reminded that Oracle strategically invests its budget. Mainly it contributes towards the maintenance, security and meeting requirements of the company while he ensures that about 20% of the total Budget is spent on innovation. This helps the company to touch new milestones and adds to the net worth of the company.