Mark Hurd is the CEO of Oracle Corporation and a member of the company’s board of directors. In 2010, Hurd joined Oracle as president, bringing more than 30 years of executive management experience to the company. In 2014, he was named Chief Executive Officer of Oracle, along with Safra Catz. Mark Hurd oversees corporate direction and strategy at Oracle, including sales, consulting, alliances and channels, support and marketing activities. He is also responsible for Oracle’s global business units for industries.
Hurd has outlined growth acceleration, broadening of the product line, and technology investment as Oracle’s primary goals with NetSuite. “We want to globalize and move NetSuite around the planet,” Hurd said at NetSuite SuiteWorld 2017, “That means leveraging our data centers, leveraging our distribution, leveraging everything we have got to accelerate our strategy.” Hurd further adds, “We need to accelerate NetSuite’s expansion across the globe. We are going to invest in international expansion.”
Known for his predictions on the future state of computing, Hurd is confident in the industry’s continual shift to the cloud. "You're going to see 70 to 80 percent of our market begin to shift from the traditional outcomes to the cloud market," he said during SuiteWorld 2017. The strategic acquisition of NetSuite has helped expand Oracle Enterprise Resource Planning Cloud and enabled a higher standard of customer satisfaction, in turn, positioning Oracle ERP Cloud as a leader in the market with room to grow. “We didn’t spend $9.3 billion to disinvest in the business. Quite the opposite,” Hurd told SuiteWorld attendees. “We spent that money to invest in it to drive it harder, to drive it faster, as part of a grander strategy for Oracle to lead this transformation in the cloud.”
At NetSuite SuiteConnect during Oracle OpenWorld 2017, Hurd touched on how NetSuite’s SaaS offering is complementary to Oracle ERP Cloud, helping small- to medium-sized businesses as well as enterprise businesses. NetSuite’s new core HR offering, NetSuite SuitePeople, will include Oracle Data Visualization Cloud Service, marking the beginning of a tech crossover phase. NetSuite will also be able to integrate Oracle applications such as Oracle Analytics and Oracle Talent Management Cloud into its current partner network, allowing for “deeper and quicker NetSuite integrations,” according to Hurd.
NetSuite and Oracle have worked together closely for many years, with NetSuite founder Evan Goldberg starting his career at Oracle. With some valuable business advice from Larry Ellison, Goldberg grew NetSuite with an early understanding of how cloud computing would impact the software business world. “A unified cloud suite was the starting point,” Goldberg told Forbes. “We wanted to solve our customers’ business problems wherever in the world they were.”
Like Goldberg, Mark Hurd also recognized the revolutionary potential of a move to the cloud. His annual Oracle OpenWorld predictions have been shared year after year as businesses inevitably make the transition. “The move to the cloud is not just a technical thing; this is a business model, generational change about how we think about IT,” says Hurd.
Oracle CEO Mark Hurd has offered commentary on the latest topics in technology trends through Twitter and published a 2004 volume on business leadership in the technology industry. He has also been recognized for his vision and accomplishments from a variety of technology publications. In 2007, Hurd was noted by Fortune magazine as one of their 25 Most Powerful People in Business. He has been named multiple times by Business 2.0 magazine as one of the 50 Who Matter. Hurd was featured several times in Barron’s in the publication’s Best CEOs lists. In 2008, the San Francisco Chronicle named him CEO of the Year.
In addition to his business accolades, Hurd has also been recognized for his continued contributions to his alma mater, Baylor University. Mark earned his bachelor’s degree in business administration from the university in 1979, which he attended on a tennis scholarship. He continues to support the tennis program at Baylor, assisting Baylor’s national championship tennis program through philanthropic donations to upgrade the facilities in the Hurd Tennis Building, a part of the Hurd Tennis Center. Mark Hurd currently serves on the Baylor Board of Regents, where he is Vice Chair of the Executive Committee. In 2012, Hurd was honored with the 2012–2013 Baylor Legacy Award in recognition of his outstanding service and philanthropy to the university.