September 2014 - UPDATE
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Trends and Applications
In what is being heralded as an epic change at Oracle, Larry Ellison, the charismatic CEO of Oracle, is stepping down and will be succeeded by Safra Catz and Mark Hurd who will share the CEO position. Despite the widespread pronouncements that this is the end of an era and that Ellison is relinquishing his membership in the exclusive club of rock-star tech leaders that has included Apple's Steve Jobs and Microsoft's Bill Gates, some industry insiders believe that is simply not the case. Ellison, they say, will remain a force to be reckoned with at Oracle.
In simpler times, businesses kept their data in one place. That made the data easy to access and control. Today, many large enterprises have a global component to daily business transactions, with customers, partners and employees located around the world. Given the distributed nature of an organization's users and increasing data location regulations, the traditional method of storing data on a central server to support worldwide stakeholders no longer meets business needs.
The expectations for technology in business have never been higher—thanks to the consumerization of IT, disruptions across the tech stack, and the emergence of new technology-based business models. And the pressures facing corporate IT departments been greater. So, how can business leaders and CIOs maximize the value of their technology investments to drive competitive business advantage? By tackling three important areas.