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Oracle will win battle against Microsoft: Ellison

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CIOL Bureau
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Microsoft was five years late in recognizing the importance of the Internet

and that is now benefiting Oracle which has been pushing hard these past five

years to make its application software Internet-friendly, said Oracle chief

Larry Ellison this week. Ellison, who has already displaced Bill Gates as the

richest man on the planet, said Oracle will become the world’s largest

software company as well.

Oracle is ahead of Microsoft in developing Internet software, Ellison

boasted. "Now it is our time to shine. Microsoft missed the Internet by

five years. You can't be five years late in my industry.'' Microsoft's Internet

strategy is based on a recently announced program dubbed .Net, which the company

says will one day make the Internet itself the basis of a new operating system

for computers. Microsoft has said it won't see significant revenues from .Net

products for about two years. Ellison has ridiculed Microsoft by giving Oracle's

strategy a similar nickname "dot-now.''

Ellison said that in addition to sales, Oracle will overtake Microsoft in

market value. Microsoft’s outstanding shares are worth about $220 billion,

compared with about $160 billion for Oracle. But in a major milestone, Oracle

has surpassed IBM, which is valued at about $154 billion. For now, Microsoft's

fate is closely linked to that of the PC industry. Ellison's strategy is

centered on his belief that virtually all PC-based software will eventually be

replaced with products designed for the Internet that run on powerful server

computers.

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