cloud software

Oracle Beats Estimates on Strong Cloud Results
Financial Performance

Oracle Beats Estimates on Strong Cloud Results

Revenue from the Fusion and NetSuite Cloud ERP apps grew 33% and 21%, respectively, in Q2 as the shift to remote work continued.
By Matthew Heller | December 11, 2020
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IBM to Spin Off Infrastructure Unit
The Cloud

IBM to Spin Off Infrastructure Unit

The move allows it to focus on its hybrid cloud business.
By Lauren Muskett | October 8, 2020
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Cloud Revenue Helps Oracle Beat Q2 Estimates
Financial Performance

Cloud Revenue Helps Oracle Beat Q2 Estimates

Growth in Oracle's cloud-computing business, however, still lags behind rivals such as Workday and Salesforce.
By Matthew Heller | December 18, 2018
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SAP Sales Jump 7% on Cloud Business Surge
Financial Performance

SAP Sales Jump 7% on Cloud Business Surge

Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
By Matthew Heller | October 18, 2018
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Avalara Shares Jump On First Day Of Trading
The Cloud

Avalara Shares Jump On First Day Of Trading

Shares of the Seattle-based sales tax automation company soar after pricing at $24 per share on Wednesday.
By William Sprouse | June 15, 2018
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Market Sees Clouds Over Oracle’s Cloud Future
Financial Performance

Market Sees Clouds Over Oracle’s Cloud Future

The company's shares drop more than 7% after its guidance for fourth-quarter cloud revenue misses analysts' expectations.
By Matthew Heller | March 20, 2018
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Barracuda Networks Goes Private in $1.6B Deal
Technology

Barracuda Networks Goes Private in $1.6B Deal

Private-equity giant Thoma Bravo cites the "increasingly prevalent, hostile, and complex threat environment" in acquiring the data security software firm.
By Matthew Heller | November 27, 2017
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Oracle Earnings Miss Despite Cloud Growth
The Cloud

Oracle Earnings Miss Despite Cloud Growth

The software giant reported cloud revenue rose 59% in the first quarter but the higher-margin software licensing business continues to sag.
By Matthew Heller | September 15, 2016
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Veteran CFO’s Latest IPO Targets ‘Huge Market’
People

Veteran CFO’s Latest IPO Targets ‘Huge Market’

The third company Barry Zwarenstein has taken public, Five9, plants its stake in cloud-based call centers.
By David McCann | November 25, 2014
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