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That's classic Ellison.
For instance, he panned his historic competitors IBM and SAP, insisting that neither one of them have game in the cloud (although both of them would beg to differ). And he praised Microsoft for who he said has "crossed the chasm" and is now a genuine big deal in cloud.
He also slung some mud at Salesforce, the company run by his most successful disciple, Marc Benioff. (Benioff was working at Oracle when the idea for Salesforce was spawned, and Ellison was even an early investor, before the two companies started to compete and the friendship between the two men grew strained.)
On the one hand, Ellison admitted that Salesforce's cloud business is still bigger than Oracle's. On the other he insisted that Oracle's cloud business is growing faster.
Benioff, who was clearly watching the keynote, responded with a Tweet that shows a chart he shared with investors last month.
Understanding Salesforce's growth in one slide: Consistently taking share. pic.twitter.com/EzJkThP9bT
- Marc Benioff (@Benioff) October 26, 2015
Salesforce
And Benioff threw a barb of his own, at Oracle CEO Mark Hurd.
Well @MarkVHurd just complained to @oracleopenworld audience they weren't excited or motivated to be there. You can't make this stuff up!
- Marc Benioff (@Benioff) October 26, 2015