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Decoder with Nilay Patel

Recode Decode: Mark Hurd, co-CEO, Oracle

Decoder with Nilay Patel

Vox Media Podcast Network

Technology, Business

4.33.2K Ratings

🗓️ 19 June 2017

⏱️ 57 minutes

🧾️ Download transcript

Summary

In this live interview, Oracle co-CEO Mark Hurd talks with Recode's Kara Swisher about how Oracle transitioned its business to the cloud, which is the fastest-growing segment of all enterprise spending. Hurd says a large, process-laden company like Oracle can't risk getting complacent and out-innovated by smaller startups, and had to weather some unhappy investors on Wall Street for many quarters because building out cloud services takes time and money. He also talks about immigration policy, job automation and why Steve Jobs once told him he would hate to have Hurd's job. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Today's show is brought to you by SOFI. Finding your dream home is difficult.

0:05.4

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SOFI.com. Terms and conditions apply. See SOFI.com slash legal. Lones originated by SOFI

0:18.3

Lending Corp and are not available in all states. NMLS 1121636.

0:28.2

Recode Radio presents Recode Decode coming to you from the Vox Media Podcast Network.

0:34.4

Hi I'm Cara Swisher, Executive Editor of Recode. You may know me as the newest member

0:38.6

of Oracle's sailing team, but in my spare time I talk tech and you're listening to Recode

0:42.7

Decode, a podcast about tech and media's key players, big ideas and how they're changing

0:46.9

the world we live in. You can find episodes of Recode Decode anywhere you listen to your

0:51.2

podcasts. We're on Apple Podcast, Google Play Music, Tune In, Stitcher SoundCloud and

0:56.1

more, or you can just visit recode.net slash podcast for more. Today we have an interview

1:01.7

I conducted with Mark Hurd, the co-CEO of Oracle. We spoke in front of a live audience in

1:07.0

May at the company's headquarters in Silicon Valley. Let's take a listen.

1:11.0

Alright, we're here with Mark Hurd. We're on the Oracle campus. You're here. What's

1:15.2

this day today? What is this is a press day or a... We call it media day Cara. I mean it

1:19.6

really is an opportunity for us to try to give people some context to what we're doing.

1:24.4

Right. How we're doing it a little bit about our industry. We had a panel with some of

1:29.0

our customers and again an attempt to drive familiarity with our strategy and our direction.

1:34.4

Alright, well this is great into the news today. I think probably the biggest thing and

1:37.5

I want to get into a whole bunch of things you guys have been doing lately. But let's

1:40.2

talk about the cloud because that seems to be the big focus. You announced a new agreement

1:44.4

with AT&T who had been a customer. Could you explain it and then I have questions about

...

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