The announcement sounds as if you'll be saving hundreds of thousands, and you very well may be saving big bucks if you're a global Oracle enterprise with a well thought out global contract and a proper IT procurement office handling all transactions with software vendors. But the reality is that you're likely only saving about 2%. 

 

What CIOs and people in IT have to remember is that cutting off Oracle support is like cutting off your nose to spite your face. We've seen companies discontinue Oracle support only to purchase it again at a higher price months later. The company loses its discount as Oracle will view the support purchase as a new deal and support will be re-priced based on current pricing. The rationale is that the lower support pricing was predicated on the original buy, where the best price/discount was given based on the amount spent.