Oracle Beats Estimates, Cloud Revenue up 63%
"Our pivot to the cloud is now clearly in full swing," Oracle co-CEO Safra Catz says.
Oracle’s Cloud Sales Rise 62% But IaaS Lags
Total second-quarter revenue missed estimates as Oracle's “public cloud” infrastructure sales grew only 6%.
Public Cloud Market to Grow 16.5% in 2016
The strong growth is being driven by the shift away from legacy IT as organizations pursue a digital business strategy.
Considering the Cloud
Companies that want to adopt cloud computing have a host of choices to make and concerns to address.