BI Insights

Why Cloud Washing Goes Beyond The Oracle Lawsuit

7 June, 2016

Why Cloud Washing Goes Beyond The Oracle Lawsuit

“Cloud washing” is back. It’s the practice of inflating financial results for a company’s cloud business, usually by redefining existing services and products to fit the cloud umbrella. The SEC accused IBM of cloud washing its financial results several years ago. And some have criticized Microsoft for nebulous cloud financial reporting. Now Oracle is facing a lawsuit from a former senior finance manager, Svetlana Blackburn, who claims she was fired for not going along with its cloud washing. (Oracle denies any cloud washing and has countersued Blackburn for malicious prosecution.)

Read full story

Related Articles

23 March, 2017

Choose Cloud Configuration Management Tools For Multiple Platforms

Publication: TechTarget

Shared:

24 March, 2017

The Key Aspects To Consider When Executing A Smooth Move To The Cloud

Publication: CloudTech

Shared:

31 March, 2017

The 4 Best Dividend Stocks In Cloud Computing

Publication: The Motley Fool

Shared:

4 April, 2017

Business Intelligence In The Cloud Is Finally As Smart As Its Name

Publication: Inc.

Shared:

The BI Guru
Presented by