/Type /Page >> << /CropBox [0 0 612 792] When Clay Magouyrk crossed Seattle six years ago to join the effort of building Oracles public cloud from the ground up, the decisions he and the nascent team faced were foundational. When expanded it provides a list of search options that will switch the search inputs to match the current selection. /MediaBox [0 0 612 792] >> From #5GMonetization to #ERP and #cloud infrastructure, the world's top telcos get better results with Oracle. /Annots [] He joined the company as a Senior Director of Engineering and held the position for over one year. /Resources 399 0 R /MediaBox [0 0 612 792] But as Oracle tightens spending in a bid to cut as much as $1 billion in costs, not even OCI is immune, Insider has learned. /CropBox [0 0 612 792] If he was upset, he would insult you personally and professionally.". 82 0 obj The Future of Oracle Cloud and the Role of Alloy, With EVP Clay Magouyrk. /Resources 279 0 R << >> /Annots [] /CropBox [0 0 612 792] >> Hear Oracle 's Clay Magouyrk and Acceleration Economy 's Bob Evans discuss #OCI 's newest offeringOracle Alloy. Clay runs the engineering and software development team for Oracle Cloud Infrastructure, based in Seattle. Zoom doesnt care how much CapEx I spent, what Zoom cared about is that they were able to show up, and I was able to give them the capacity they needed in all the regions they needed, Magouyrk said. /Resources 223 0 R While such proclamations from Ellison are common, even some of the companys critics called the move surprising and unique. /CropBox [0 0 612 792] /Rotate 0 7 0 obj /Parent 9 0 R /MediaBox [0 0 612 792] This has been the eventual plan for a long time, Johnson wrote in the memo. Magouyrk told CRN hes ready to guide Oracles public cloud into its next phase of growth that establishes it as a leading force in the all-important and still rapidly growing market. /Length 10 /Annots [] /Parent 13 0 R /Annots [] Oracle did not respond to a request for comment. << Oracle /Rotate 0 /Annots [] endobj 94 0 obj When expanded it provides a list of search options that will switch the search inputs to match the current selection. But Oracle is falling short in a key measure of future growth, says Seattle-area angel investor Charles Fitzgerald, who watches the cloud industry closely and keeps a close eye on capital expenditures, or CapEx, that fund the build-out of the major cloud platforms. Clay Magouyrk Executive Vice President at Oracle Cloud Infrastructure 1mo It's great to see OCI recognized as a Visionary in the 2022 Gartner Magic Quadrant for Cloud Infrastructure and. Those workloads run better on our platform, and we work with our customers to understand that value proposition, Magouyrk said. >> /Contents [208 0 R 209 0 R 210 0 R] /MediaBox [0 0 612 792] /MediaBox [0 0 612 792] /Annots [] /Parent 18 0 R << /Annots [] << 111 0 obj << /Type /Page /Annots [] >> /MediaBox [0 0 612 792] 29 0 obj When expanded it provides a list of search options that will switch the search inputs to match the current selection. /Rotate 0 /Resources 255 0 R >> /CropBox [0 0 612 792] /MediaBox [0 0 612 792] Contact reporter Ellen Thomas at ethomas@insider.com. OCI recruiters and hiring managers have been directed to stop hiring from top markets like the San Francisco Bay Area, Seattle, and New York and instead focus on candidates who would command lower salaries. /MediaBox [0 0 612 792] /Contents [532 0 R 533 0 R 534 0 R] 68 0 obj Whereas Amazon Web Services was originally targeted to startups and small teams, before expanding to serve big corporate customers, Oracle Cloud Infrastructure was conceived later, when the larger potential of the cloud was clear. /Rotate 0 Do you work at Oracle and have insight to share? /Type /Page endobj /MediaBox [0 0 612 792] >> Were massively cheaper, Magouyrk told CRN, somewhere between 50 [percent] and 75 percent cheaper than all of our competitors when it comes down to any real-world comparison of cloud bills. endobj /Type /Page /Resources 163 0 R /Parent 11 0 R /Rotate 0 << stream >> << 51 0 obj /Parent 15 0 R /Rotate 0 124 0 obj Oracle stock has been a laggard even though other tech companies have surged in 2020 and are trading at astronomical valuations. /Parent 11 0 R /MediaBox [0 0 612 792] /Type /Page His calculations show a 20% decline in Oracles annual capital expenditures over the last two years. /Parent 16 0 R << Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive areas like SF. /Contents [452 0 R 453 0 R 454 0 R] >> 122 0 obj /Type /Page stream /Rotate 0 << endobj /Rotate 0 /Resources 471 0 R /CropBox [0 0 612 792] /Type /Page /Annots [] /Contents [468 0 R 469 0 R 470 0 R] When Oracle Cloud Infrastructure launched in 2016, aiming to compete against the likes of Amazon Web Services, Microsoft Azure and Google Cloud, it practically redefined the concept of minimally viable product, or MVP with just one cloud region and a handful of cloud services. I dont think we were viable at the time, but we had an MP and we just kept working.. /Contents [204 0 R 205 0 R 206 0 R] /Type /Page /Annots [] /MediaBox [0 0 612 792] /Parent 13 0 R endobj 14 0 obj /Resources 215 0 R >> Now the 33-year-old executive is taking on a bigger role as the executive in charge of Oracle Cloud Infrastructure, reporting to Ellison. /Type /Page >> /Contents [292 0 R 293 0 R 294 0 R] Its not true for a lot of engineering., The only thing holding you back, he said, is whats in your brain and how much youre willing to work.. /Type /Page /CropBox [0 0 612 792] 40 0 obj Access your favorite topics in a personalized feed while you're on the go. 50 0 obj /CropBox [0 0 612 792] This button displays the currently selected search type. /Resources 539 0 R 47 0 obj Hear Oracle's Clay Magouyrk and Acceleration Economy's Bob Evans discuss #OCI's newest offeringOracle Alloy. But we knew when we decided to invest in it, infrastructure was critically important as an underlying foundation for our application portfolio.. /MediaBox [0 0 612 792] 91 0 obj Are titles inflated at Oracle? << /Annots [] /Contents [284 0 R 285 0 R 286 0 R] /Parent 18 0 R 113 0 obj /Rotate 0 /Parent 17 0 R EVP, Engineering - Oracle Cloud Infrastructure, SVP, Marketing - Converged Infrastructure. Amazon, Go to company page /Annots [] /Resources 339 0 R After this meeting with Mr. Magouyrk, Mr. Grayson told Plaintiff that Mr. Magouyrk had described Plaintiff as "resilient" and described it as "the best compliment Clay can give." Mr. Grayson also said that this meant Plaintiff was "going to be successful" at OCI. endobj /Annots [] /Parent 10 0 R /Contents [424 0 R 425 0 R 426 0 R] /CropBox [0 0 612 792] /Contents [300 0 R 301 0 R 302 0 R] /Parent 14 0 R Don Johnson heads Oracles Cloud Infrastructure product development. /MediaBox [0 0 612 792] The following numbers are a summary of the more detailed information available in the Career details further below on the page. AWS generated sales of $21 billion in the first half of 2020, while RBC Capital Markets expects Oracles cloud infrastructure business to achieve $1 billion in revenues by fiscal 2023. << Oracle Oracle has restricted hiring at OCI, telling recruiters to stay away from expensive. /Type /Page Stay up to date with what you want to know. All Rights Reserved. /Resources 371 0 R The company is a long way from that right now, with market share that pales in comparison to Amazon, Microsoft and Google, which together control 60% of the market, according to Synergy Research. /Contents [544 0 R 545 0 R 546 0 R] /Rotate 0 << endobj Copyright 2023 Market Realist. /Resources 227 0 R Oracle now enables and rewards those partners appropriately through a revamped channel program launched at the end of last year that implements a cloud-first approach to partner engagement, Magouyrk said. /Contents [392 0 R 393 0 R 394 0 R] Magouyrk, who joined Oracle six years ago from Amazon to help build and launch Oracle Cloud Infrastructure, led the team that developed Dedicated Region Cloud@Customer. Oracle has been named a Leader in the 2022 Gartner Magic Quadrant for Financial Planning Software for Oracle Fusion Cloud Enterprise Performance Management /Rotate 0 >> nationality American. Oracle declined to comment on Magouyrk's management style or OCI's culture. >> Now its around 12000 people. /Parent 10 0 R /MediaBox [0 0 612 792] /Annots [] /Rotate 0 /Rotate 0 /MediaBox [0 0 612 792] /Resources 499 0 R >> /Rotate 0 /Resources 327 0 R /Rotate 0 /Contents [440 0 R 441 0 R 442 0 R] Vleni este o comun n judeul Olt, Muntenia, Romnia, format din satele Mandra, Popeti, Tirineag i Vleni . /Type /Page /Title (Microsoft Word - \(2020-07-10\) Final Derivative Complaint. /ModDate (D:20200710150624-07'00') This button displays the currently selected search type. /CropBox [0 0 612 792] /Parent 13 0 R endobj /Rotate 0 /Annots [] More recently, Magouyrk has spearheaded work on some of OCIs latest capabilities, including support for cloud-native technologies like serverless and Kubernetes, Dedicated Region Cloud@Customer and Oracle VMware Cloud Solution. Oracle insiders who spoke with Insider said the comments alleged in the lawsuit were generally "tame" compared with others Magouyrk had made. << x+ | /Type /Page /Parent 9 0 R /Parent 15 0 R >> Clay Magouyrk was born in the United States of America. >> 86 0 obj His mother and father did not come from a wealthy family. << endobj CAPEX doesnt lie, said Fitzgerald via email this week. /Resources 275 0 R Johnsons main focus is to achieve high growth rates for Oracles enterprise-focused cloud platform. 28 0 obj 3 0 obj /Resources 183 0 R /MediaBox [0 0 612 792] endobj << Hear Oracle's Clay Magouyrk and Acceleration Economy's Bob Evans discuss #OCI's newest offeringOracle Alloy. Continue with Recommended Cookies, Your email address will not be published. /CropBox [0 0 612 792] /Parent 11 0 R /Annots [] endobj endobj /Annots [] /Annots [] 72 0 obj Are titles inflated at Oracle? Despite Oracle's focus on the cloud business, the company isn't among the top cloud providers. Do you work at Oracle or have insight to share? /Parent 11 0 R /Annots [] /CropBox [0 0 612 792] >> << /Annots [] 44 0 obj As hes stepped into a broadening leadership role, steering both technology and the business, it was clear that Clay is the right person to lead OCI into the future.. << /Annots [] By clicking Sign up, you agree to receive marketing emails from Insider /CropBox [0 0 612 792] >> /Annots [] Where its hyperscale competitors are reworking existing open-source databases to run in their clouds, Oracle is the only company still innovating in the relational database space, he said. /Resources 251 0 R /Annots [] /Resources 447 0 R >> /MediaBox [0 0 612 792] endobj >> >> endobj But there are still many solution providers holding an outdated view of the company. /MediaBox [0 0 612 792] << /CropBox [0 0 612 792] endobj /Type /Page Business from OCI, especially with the addition of TikTok, has helped grow Oracle's revenue by 5% in the most recent fiscal year. 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