It has been recently revealed in a report that the CEO of Oracle IT firm is of the view that IBM is the biggest rival they have. It was revealed by Mr. Larry Ellison that their company is working their best to be able to outdo IBM in the line of network hardware business.

They are of the view that the firm is one of their biggest rivals and that they have plans for outdoing them in the time to come, with the help of new expertise that they have in the field.

"Our margins are probably higher in the server industry. We found that data centers were unnecessarily complex", he said. He further added that the firm was now working towards being able to create fast, reliable and more cost effective solutions for the people in the future.

There is dire need for efforts to be made about the same so that the best and the least costing solution can be given for the clients in the future. The competition these days is literally cut throat and firms are putting their best food forward towards being able to reach the top of their game. It remains to be seen who wins this game in the end.