Oracle’s Executive Vice President and Chief Corporate Architect, Edward Screven is retiring from the company in February after spending 38 years with Big Red.
The company indicated in an SEC filing on January 13 that Screven had shared his intention to retire from Oracle on January 8. He will assist in the transition of duties and continue as Oracle’s representative on the Board of Directors of Ampere Computer Holdings, the tech giant said in the filing. Oracle did not disclose who would succeed Screven in this role.
Screven joined Oracle in 1986 and currently leads the company’s technology and architecture decisions as well as its strategic initiatives including industry standards and security across all Oracle products.
He is credited with leading the tech giant’s open-source strategy since Oracle’s buyout of Sun Microsystems in 2009 and introducing some of Oracle’s most popular open-source programs like Java, Oracle Linus, MySQL and VirtualBox. Screven also heads Oracle Labs, a unit that explores and identifies new technologies that can improve Oracle’s customers’ business.
What this means for ERP insiders
Open-source software solutions to maintain a strong growth trajectory. The near- and long-term trends for open-source software suggest that the market for these solutions remains strong due to ongoing technological advancements and improved adoption across different sectors. The technology’s cloud-native focus continues to be a significant growth area as it plays a crucial role in enabling cloud-based deployments. Additionally. The integration of artificial intelligence and machine learning capabilities into open-source software has the potential to drive more innovation in this space. While Oracle continues to enjoy a pole position in this space, companies like Red Hat, Microsoft, Google, and Amazon are also embracing open source with various initiatives of their own. They include Red Hat Enterprise Linux; Microsoft’s .NET Core and Azure; Google’s projects for Android, Kubernetes, and Tensor Flow; and Amazon leveraging open source in its AWS cloud platform.
Monitor Oracle’s open-source strategy. Big Red’s open-source strategy embraces three fundamental principles: participating in and contributing to various open-source communities and projects, leveraging open-source technologies to build its own products and solutions, and providing support and expertise for these technologies. The company’s most popular open-source programs were introduced under Screven’s leadership and include Java, MySQL and VirtualBox. Apart from this, Oracle has also actively participated in and contributed to cloud-native projects such as Kubernetes and Docker.
Leverage new technologies from Oracle Labs. Oracle Labs plays a significant role in driving innovation across Oracle’s product portfolio, including its ERP solutions. By staying informed about the research and developments coming out of Oracle Labs, ERP users can gain a better understanding of the future of enterprise software and leverage these innovations to improve their business operations. The unit focuses on research areas like AI, cloud computing blockchain, quantum computing, and data science. It provides early access to advancements in these areas for improved ERP solutions, automation, superior security and predictive analysis.
