clay magouyrk compensation
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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. << Additionally, the firm's unwillingness to spend on labor has cost Oracle before, especially as its marketing cloud unit continues to lag behindcompetitor Salesforce. /Rotate 0 Clay Magouyrk. /Resources 195 0 R /Contents [552 0 R 553 0 R 554 0 R] But Oracles application dominance encouraged a cloud path following an opposite trajectory. /Parent 14 0 R /CropBox [0 0 612 792] /Kids [7 0 R 8 0 R] /CropBox [0 0 612 792] /Resources 339 0 R >> We and our partners use cookies to Store and/or access information on a device. /Type /Page << endobj << /MediaBox [0 0 612 792] endobj 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. /Contents [312 0 R 313 0 R 314 0 R] /Parent 17 0 R It has become very much a cloud-first company.. This button displays the currently selected search type. Clay Magouyrk is an Executive Vice President at Oracle based in Austin, Texas. >> endobj /Rotate 0 /Type /Page /MediaBox [0 0 612 792] /Contents [288 0 R 289 0 R 290 0 R] Do you work at Oracle and have insight to share? /Resources 371 0 R /CropBox [0 0 612 792] << /Type /Page 1 0 obj /Parent 7 0 R endobj He was one of the first employees in Oracle Cloud, which Oracle is pumping a lot of money into now. /Annots [] Hes a founder of Oracles cloud engineering development center, tasked with building and deploying Oracles second-generation cloud infrastructure. /S /D /Parent 13 0 R << /CropBox [0 0 612 792] 43 0 obj >> Clay Magouyrk, a former Amazon software engineer who joined Oracle as an individual contributor in 2014, quickly impressed Oracle Chairman Larry Ellison and CEO Safra Catz with his ability to deliver results quickly. Clays teams have designed OCI with enterprises in mind, building out private, public, government, and national security regions quickly around the world so regional data privacy, location, and disaster recovery requirements can be met. 69 0 obj 12 0 obj drew the attention of Amazon Web Services, Oracle Dedicated Region Cloud@Customer,. /Contents [536 0 R 537 0 R 538 0 R] /Contents [516 0 R 517 0 R 518 0 R] /Parent 17 0 R /Rotate 0 /Count 106 36 0 obj /Annots [] The focus on customers continues with the flexibility to migrate on-premises workloads to the cloud without rewriting them. Let us know. /Parent 17 0 R /Type /Pages /Rotate 0 /CropBox [0 0 612 792] Hear Oracle's Clay Magouyrk and Acceleration Economy's Bob Evans discuss #OCI's newest offeringOracle Alloy. /MediaBox [0 0 612 792] /Contents [208 0 R 209 0 R 210 0 R] The Redwood Shores, Calif., company is still a small player in the cloud, with single-digit market share, and it continues to play catch-up on a variety of fronts. >> When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. 71 0 obj Led by Clay Magouyrk, OCI is Oracle's big bet into cloud computing, where it faces stiff competition against heavyweights like Amazon Web Services, Google Cloud, and Microsoft Azure. /CropBox [0 0 612 792] The deal helped TikTok avert a ban in the U.S. As part of the deal, TikTok chose Oracle as its cloud provider. One former employee said that Magouyrk was "abusive to people in large group settings. OCI, according to several employees, considers itself almost separate from the rest of Oracle, a 45-year-old database giant still best known for its legacy database products. /CropBox [0 0 612 792] endobj /Resources 411 0 R /Type /Page << << >> /Annots [] /Resources 275 0 R /Type /Page /Contents [145 0 R 146 0 R 147 0 R] /Annots [] /Contents [512 0 R 513 0 R 514 0 R] /Contents [492 0 R 493 0 R 494 0 R] /Annots [] 104 0 obj /Parent 14 0 R /Parent 7 0 R /Rotate 0 Given the emphasis Oracle puts on the cloud business and its minuscule market share in the market, Johnson assumes a significant role. /Rotate 0 >> /MediaBox [0 0 612 792] /MediaBox [0 0 612 792] endobj Prior to joining Oracle in 2014, he was a senior engineer at Amazon and Amazon Web Services. >> 74 0 obj Thousands of hires and billions of dollars later, Magouyrk is taking over for Johnson as executive vice president for Oracle Cloud, a succession plan long in the works that puts him reporting directly to Oracle founder and CTO Larry Ellison. Whatever the marketing spin, they are falling further and further behind the real hyperscale clouds.. OCI, the cloud unit, has lost at least a dozen VPs since the start of 2020 and is facing. << sammirati >> << 45 0 obj /Type /Page /Contents [260 0 R 261 0 R 262 0 R] << << /Count 10 /Parent 9 0 R >> /CropBox [0 0 612 792] /Parent 8 0 R /MediaBox [0 0 612 792] 20 0 obj >> But Oracle has landed huge clients within the past two years, such as telecommunications firm Zoom in 2020 and ByteDance's TikTok this past June. endobj /Resources 148 0 R /Rotate 0 /Type /Page /Annots [] Subscribe to GeekWire's free newsletters to catch every headline. /Parent 17 0 R /CropBox [0 0 612 792] endobj /MediaBox [0 0 612 792] From #5GMonetization to #ERP and #cloud infrastructure, the world's top telcos get better results with Oracle. endobj /Resources 128 0 R /Parent 9 0 R /Contents [488 0 R 489 0 R 490 0 R] /CropBox [0 0 612 792] << /CropBox [0 0 612 792] /Parent 10 0 R >> /MediaBox [0 0 612 792] << /Rotate 0 Oracle Cloud Infrastructure is based in downtown Seattle, one of several large cloud engineering centers that have helped to give the region the nickname Cloud City. Google Cloud opened a new engineering outpost last year on the edge of the Amazon headquarters. /CropBox [0 0 612 792] /Type /Page 41 0 obj >> << /Type /Page /Type /Page endobj /Parent 9 0 R Oracle is still a small player in the race for cloud dominance, accounting for just 2% of the market share. Clay Magouyrk, Oracle Executive Vice President of Cloud Infrastructure For hybrid cloud environments, Magouyrk said, many vendors just provide a massively scaled down subset of the technology that customers can deploy in their data centers. And customers successful in running those mission-critical business apps translate to partners successful in selling additional cloud services. He is responsible for engineering and technical operations for Oracle's enterprise-focused infrastructure-as-as-service (IaaS) platform and focuses on service delivery for an expanding product portfolio including compute, storage, networking, edge, and containers. /Annots [] << /CropBox [0 0 612 792] >> One important weapon in Oracles arsenal when making that pitch to enterprises is its new on-premises cloud: Dedicated Region Cloud@Customer. /Resources 351 0 R /Type /Page Johnson said in a June 30 email to his team that he will remain at Oracle, reporting to Ellison and focusing on the companys broader cloud mission. /Contents [392 0 R 393 0 R 394 0 R] Oracle is not the same Oracle it was five to 10 years ago, Magouryk tells CRN. /Contents [248 0 R 249 0 R 250 0 R] Copyright 2023 Market Realist. /CropBox [0 0 612 792] Amazons AWS (Amazon Web Services) has the biggest market share in the market. endobj /Parent 10 0 R /Type /Page Oracle Corp. Senior Vice President Clay Magouyrk and his wife Seniha Koksal, a Microsoft Corp. senior program manager, are the new owners of a downtown Seattle condominium that inspired "Fifty. /Resources 311 0 R /Rotate 0 endobj Later, he was named Executive Vice President of OCI (Oracle Cloud Infrastructure). Magouyrk succeeds Johnson, the original Oracle Cloud Infrastructure leader, whose recent initiatives have included a partnership with longtime Oracle rival Microsoft. /Type /Page 112 0 obj by Todd Bishop on August 13, 2020 at 5:00 amAugust 13, 2020 at 10:20 am. To address this, Oracle created Cloud Lift Services, which provides free cloud engineering resources and tech support to streamline migration. /CropBox [0 0 612 792] /Rotate 0 /CropBox [0 0 612 792] << /Parent 15 0 R /Contents [160 0 R 161 0 R 162 0 R] /Annots [] Johnsons main focus is to achieve high growth rates for Oracles enterprise-focused cloud platform. /ModDate (D:20200710150624-07'00') /Kids [25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R] /CropBox [0 0 612 792] /Annots [] Microsoft Azure is based across Lake Washington in Redmond. /Annots [] /Type /Page /Type /Page But to scale Oracles share of the market doesnt mean waking up every morning thinking about how to poach customers from AWS or Microsoft. endobj /Annots [] Despite being known for its frugality, Oracle was always willing to spend top dollar on OCI, using big salaries and lucrative compensation packages to recruit away from firms like AWS. /Resources 515 0 R endobj /CropBox [0 0 612 792] Are titles inflated at Oracle? /Annots [] << >> /Annots [] 31 0 obj Thats not true for a lot of sciences. /Resources 415 0 R The location-based constraints within OCI come amid a wave of new hiring restrictions at Oracle that have employees concerned another round of mass layoffs is looming, Insider previously reported. /Parent 7 0 R << /MediaBox [0 0 612 792] /Contents [472 0 R 473 0 R 474 0 R] 97 0 obj 50 0 obj I dont think we were viable at the time, but we had an MP and we just kept working.. >> /MediaBox [0 0 612 792] Required fields are marked *. endobj >> /CropBox [0 0 612 792] 25 0 obj 75 0 obj << 197 views, 0 likes, 0 loves, 0 comments, 0 shares, Facebook Watch Videos from Marketing Compensation Strategies That Drive Innovation: Mastering Change for Achievement. /CropBox [0 0 612 792] /Nums [0 6 0 R] /Type /Page /Resources 219 0 R The thing I love about programming is that the barrier to entry is so very low, Magouyrk said. To hear more about the part-technology and part-go-to-market innovation, Bob Evans talked . endobj /MediaBox [0 0 612 792] /Rotate 0 /Rotate 0 /Rotate 0 >> << 63 0 obj endobj Unlike other #databases, MySQL HeatWave runs transactions, #analytics, and machine learning all in | 11 comments on LinkedIn Between January 2017 and November 2018, Johnson served as the Senior Vice President of Engineering at Oracle. /Rotate 0 /MediaBox [0 0 612 792] /Contents [396 0 R 397 0 R 398 0 R] /CropBox [0 0 612 792] The company turned heads when it announced fast-growing video conferencing company Zoom as a cloud customer in April. endobj /CropBox [0 0 612 792] /Rotate 0 /Contents [484 0 R 485 0 R 486 0 R] >> He joined AWS in 2005 as a software development engineer. /Annots [] /Contents [268 0 R 269 0 R 270 0 R] endobj /Annots [] /Annots [] /Rotate 0 /CropBox [0 0 612 792] They asked to remain anonymous because they weren't authorized to speak to the press. Gartner puts Oracle Cloud Infrastructures market share at 3%, predicting that its market share could at least double by 2025. Now its around 12000 people. /MediaBox [0 0 612 792] << /Kids [115 0 R 116 0 R 117 0 R 118 0 R 119 0 R 120 0 R 121 0 R 122 0 R 123 0 R 124 0 R] /Rotate 0 /MediaBox [0 0 612 792] /Contents [212 0 R 213 0 R 214 0 R] The company's traditional business has been sagging and cloud looks like the only business that can help it achieve high growth rates like other tech companies. /Parent 17 0 R << >> But we knew when we decided to invest in it, infrastructure was critically important as an underlying foundation for our application portfolio.. >> 53 0 obj 32 0 obj /Resources 463 0 R /Parent 9 0 R >> /Rotate 0 /Annots [] << Clay Magouyrk leads Oracle Cloud Infrastructure (OCI) product strategy, engineering, technical operations, and customer success. << /CropBox [0 0 612 792] 35 0 obj /Contents [480 0 R 481 0 R 482 0 R] SELECTED ACCOMPLISHMENTS: Improved. Steven Dickens, an analyst at Futurum Research, believes Oracle's willingness to cut into its most prized units indicates more trouble for the wider macroeconomic climate in hiring, rather than any Oracle-specific issue. /Type /Page Knows his stuff. /Annots [] endobj /Resources 211 0 R /Resources 475 0 R People may receive compensation for some links to products and services on this website. /Contents [456 0 R 457 0 R 458 0 R] 68 0 obj 34 0 obj /Rotate 0 "Salaries are too high, and so we're looking in other areas where salaries and cost of living are lower," an employee involved with OCI recruiting told Insider. /MediaBox [0 0 612 792] /Rotate 0 endobj /Contents [224 0 R 225 0 R 226 0 R] >> >> /Resources 251 0 R /Type /Page /Parent 15 0 R 122 0 obj /Rotate 0 /Parent 15 0 R 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 503 0 R endobj /Type /Catalog /Type /Page Four years after Oracle Cloud Infrastructures launch, Magouyrk says, a lot has changed. 19 0 obj /Kids [75 0 R 76 0 R 77 0 R 78 0 R 79 0 R 80 0 R 81 0 R 82 0 R 83 0 R 84 0 R] /Type /Page >> /CropBox [0 0 612 792] /Parent 12 0 R /Rotate 0 We suggest you try the following to help find what you're looking for: Executive Vice President, Oracle Cloud Infrastructure Development. /CropBox [0 0 612 792] << But to scale Oracle's share of the market doesn't mean waking up every morning thinking about how to poach customers from AWS or Microsoft. /Parent 14 0 R /Parent 11 0 R endobj /Type /Pages 10 0 obj endobj /Resources 367 0 R >> 89 0 obj Thats hard work from my POV, Went from ic4 to M9 reporting into Ellison and leading 8k people. /Rotate 0 /Kids [65 0 R 66 0 R 67 0 R 68 0 R 69 0 R 70 0 R 71 0 R 72 0 R 73 0 R 74 0 R] Use synonyms for the keyword you typed, for example, try "application" instead of "software. 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