Mark Hurd

There are many business leaders in the World.  One of the most prominent is the positions Mark Hurd has held is his current position as co-CEO of the Oracle Corporation.  Having been in the tech industry for over 30 years, he has a strong grasp of what leadership is and how business need to adapt to changes.  Born on January 1, 1957 in Manhattan, New York, Mr. Mark Hurd always has been passionate about business and bettering his education.  He graduated in 1979 with a Bachelor’s in Business Administration from the highly popular Baylor University.  One thing about Mark Hurd that many don’t know is that one of his strongest skills growing up was participating in sports.  He is and always has been very competitive in sports and even got a tennis scholarship to Baylor.  While at Baylor University, he was a member of Phi Delta Theta.

Mark V. Hurd has held many positions throughout the years.  He understands what it takes to be successful and work your way up the corporate ladder.  Between the years of 1980-2005, Mark Hurd worked for the NCR Corporation.  His focus with the company was on improving their operating efficiency and bolster their product line.  Over the years, his leadership and strengths continue to grow within the company.  He was named President in 2001 and took over additional responsibilities as COO in 2002.  His final 2 years at the company he was the CEO & President.  The end result was that NCR’s revenue was at it’s peak of $6 billion.  The net income of the company rose to $290 million dollars.  It’s important to understand Mark Hurd started as just a junior salesman in Texas at NCR in 1980.  He worked his way up the company and held many positions along the way include sales, marketing, operations, and general management.  His leadership and hard work made him the leader he his today.

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Between 2005–2010, Mark Hurd was at Hewlett-Packard.  He served as CEO and President of the company.  His work for HP was very challenging.  As many stepped down before him or were replace, Hurd was forced to really look into the specifics of the company products.  Many of HP’s products increased in market share such as both of the inkjet and laser printer products.  Hurd as the companies CEO & President beat Wall Street expectations constantly.  In fact, 21 out of 22 quarters he beat expectations.  In addition, the companies stock doubled during his stay and revenue rose 63%.  It was huge success.

Many of his greatest moments were outside of his career, however.  Two of these moments include having Baylor University name it’s tennis complex the Hurd Tennis Center.  Mark Hurd believes in giving back to many of the areas which helped him be so successful.  He has experienced many ups and downs during his career (read about his Redemption). Hurd helped fund the much needed renovation of the center.  From a personal perspective, having his children and marring his wife Paula Hurd.

From 2010 to date, Mr. Mark Hurd is the co-CEO of the Oracle Corporation.  He is also a member of the board. Although most people hoping to work for Oracle focusing on coming to California to fulfill that dream, Mark Hurd told local business leaders at Boston College’s Chief Executives Club that the company still puts a lot of emphasize on recruiting from college campuses nationwide. According to Hurd, Oracle recruits 1,300 students a year from college campuses in a sector that’s “historically been a mercenary industry”. A majority of Oracle current employees began their careers at the Boston U.S. hub for Oracle. There are 4 total Oracle hubs in the United States that include Boston, Reston, Virginia; Austin, Texas; and Redwood Shores, California. California based Oracle employees about 3,000 employees in the general Boston area.

Hurd has discussed that Oracle is currently actively recruiting students from New England schools every year and that Boston College is one of the leading recruitment areas for Oracle. Boston College provides at least a few dozen recruits a year. However, most students who are recruited for Oracle or who wish to work in the tech sector in general rarely end up staying in the Boston area.

“From a recruiting perspective, it’s hard to get people to come to Boston. It’s not the easiest place to recruit. Everybody on the West Coast wants to work on the West Coast. Many people on the East Coast want to move to the West Coast,” Hurd said. He cited warmer weather and Silicon Valley’s booming tech sector as primary reasons for the reasons why most east coast recruits are abandoning the east coast for the west.

In order to make up for that fact, Oracle has a tendency to over recruit in the east coast versus the west coast because the Boston Hub is a valuable asset to the Oracle because it provides a direct access to young talent that the company needs to help build a better future for the company. Also Hurd noted that once an employee was hired at the Boston area, that employees end up staying with the company for the long run especially when compare to the company’s California workers.

Hurd acknowledges that the downfalls of hiring so many recruits from the millennial generation can be problematic but the payoff is worth it. He says that millennial’s have a tendency to leave a company only after working their for a few years and that sometimes they get poached by other companies after Oracle spent time and money to train them.

Regardless, Mark Hurd says that in the long run, the time and energy that Oracle spends on these college recruits is worth it. Hurd strongly believes in a younger and zealous sales and work force and that the younger generation is more motivated hence giving Oracle a sharper edge over the competition.

Safra Catz shares the position as co-CEO with Mr. Hurd as Larry Ellison has stated he is stepping down from the company role.  He has been working hard on the Cloud services for Oracle.  The company is expanding into India for both software applications and their Cloud services very soon which was announced at Oracle’s OpenWorld 2015 on Oct 26th 2015 (2nd day).  Loic Le Guisquet who heads the Europe, Middle East, Africa, and Asia Pacific has already started moving that strategy forward.  Oracle has 33,000 employees in India already.  During this years OpenWorld, Mark Hurd discussed the future of the Cloud service and predicted in 2025 nearly 80% of all productions apps and enterprise date will be stored in Cloud.  Production applications are the livelihood of companies that rely on making money so companies are very hesitant to move or even touch these production applications. Production applications help companies with their financial accounting, database and inventory tasks so these apps are considered the most integral part of day to day business operations. Currently, Mark Hurd estimates that only 25% of all those applications are being run in the cloud. This represents a huge jump for the current market. It’s a strong prediction and he is leading the way at Oracle. In the end, his cloud adoption projections gave even the most fervent cloud supporters, like Amazon Web Services, cause to do a double take. His predictions were pretty fantastical and it has the tech world buzzing.

Oracle currently has 12 development centers in India that includes development centers in many growing cities like Vijayawada, Thiruvananthapuram, Noida and Ahmedabad. India is also home to Oracle’s second largest workforce of developers and engineers. India is home to more than 700,000 members of Oracle’s online and developer community. According to a latest Gartner report, India’s software revenue totaled $4 billion in 2014, an 8.3 percent increase from 2013 revenue. The Gartner report also went one to state that common leading trends across the India software market include Software as a service adoption and development and Open-source software adoption and its broader market implications. India’s software market experienced the highest growth rate in 2014.

Oracle CEO Mark Hurd responded to an IANS questions on the second day of OpenWorld stating that he is dedicated to growing and expanding in India’s flourishing cloud and software market. India has created a very prime environment for companies like Oracle to come in and expand successfully.

Mark Hurd told IANS, “We are seriously working on the expansion plans in India. It is really a good time for this,” He also added that Loic Le Guisquet, Oracle’s president for the Europe, Middle East and Africa region and Asia Pacific, is already working on implementing the plan. In a current interview, Guisquet said that Oracle started a huge recruitment drive in India for employees in order to expand their base as the demand for IT grows exponentially in the country.

In cloud computing, businesses either run their software applications or put their data into a private cloud or in a public cloud. The private cloud is defined as a type of cloud computing that is strictly dedicated to a single organization. This means that the company owns their own cloud and they operate it from their level and can turn on and off the computing resources as needed. The public cloud is defined as a set of massive computing and storage resource that is shared by many customers. Companies have to rely on a third party cloud service provider to provide servers, data storage and applications.

But that was not the only prediction that Mark Hurd made. He also said that in ten years like he expects that all development jobs will be run in the cloud. By all he means 100% of all test and development jobs are moving to the cloud. Typically testing and development chews up about 30% to 40% of most companies total IT budget. These are services that corporate developers use to fully test and perfect and custom or adapted software.

His other interesting prediction was that almost all data storage will flow through the cloud by 2025. He made this prediction at his keynote speech at Oracle OpenWorld 2015. He did not specify whether he thought that all the data would be run through the public or private cloud.

Interestingly enough. Amazon Web Services executives told attendees at their company’s annual conference that they do not expect all companies to move out of their own data centers anytime soon. With that statement, it appears that Oracle will be adopting a more aggressive cloud adoption strategy than their competitors. Contrary to what many experts in the industry expected, Oracle is not planning on creating a global computing system to rival cloud industry giants like Amazon Web Services and Microsoft Azure. Oracle presently is the world’s largest maker of software for businesses.

Mark Hurd at the Oracle Corporation

Oracle’s OpenWorld is a yearly event which discusses and showcases many of the product features related to Oracle. It’s a huge event that includes many speakers, locations, and venues. It’s a several day event. Mark Hurd has been involved was the Keynote speaker and other engagements at the events. In 2011, the event in San Francisco had approximately 45,000 visitors. OpenWorld 2015 ended with Larry Ellison’s Sunday night keynote that highlighted some new software applications delivered as a service and a collaboration with Intel but no further elaboration on the predictions Mark Hurd made during is keynote speech. The tech world is anticipating what comes next for Oracle and the cloud.

Below you’ll find the keynote from Mark Hurd at the 2015 Oracle OpenWorld event:

At his point, Mark Hurd has proven himself with his experience and technical career. His leadership is well respected from the many companies he has worked with and the 1000’s of employees he works with today. Leadership is a special characteristic to many people have and it’s been proven with Hurd for over 30 years now. That is the power of leadership and that is what this website is about.

The 2016 OpenWorld just finished and of course the main keynote speaker was Mark Hurd. He talked about the future of the company and the cloud business. Oracle is positioning itself to adjust to this new World. Business continue to move or sign on to Oracle’s cloud business. The CEO Mark Hurd and Oracle have mentioned that largest companies (like Oracle and Amazon) are growing at the rate of 44% per year. Hurd has stated that 80% of businesses data centers will be moved to the cloud over the next years.

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