Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder, Bob Evans. The next three minutes are packed with insights and perspectives around the “reimagination machine” that is the Cloud! Today’s Topic: Oracle Buying Cerner for $30 Billion Sparks an M&A Frenzy.
00:09 – After the release of a recent report, Oracle acquiring Cerner has started a wave of larger-scale speculation about what’s going on between the two companies. Bob suggests that whoever buys Cerner will kick off an M&A spiral. By acquiring smaller specialized software and data companies, other major cloud providers will rush to strengthen their industry cloud presence.
00:52 – As Bob has previously speculated, Oracle, Salesforce, and SAP may be going after Cerner as a prominent leader in electronic health records. Because industry clouds are becoming more prevalent for customers, major providers are prioritizing them to build up their portfolios, have more capabilities, and further expand customer bases.
01:38 – Bob predicts that industry clouds are going to be the hottest part of the entire cloud industry in 2022. Although it may seem casual at first—acquisitions happen often—the pace will change. In this booming market, businesses will soon accelerate the pace at which they compete in the global economy as well as build preeminent skills and portfolios.
02:35 – With the business world moving in this direction, customers are wanting purpose-built, highly-specific capabilities to compete in the accelerating digital economy.