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CFOs Vow to Boost Tech Influence in 2023
Greater vigilance in overseeing technology strategy shapes up as a key priority for the coming year.
By
David McCann
| February 6, 2023
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Oracle
M&A
Oracle to Buy Cerner in $28B Health Care Play
“Both Microsoft and Oracle, analysts say, see the huge health care market as a path to strengthening their positions in the cloud business.”
By
Matthew Heller
| December 20, 2021
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Strategy
Oracle to Move HQ From Silicon Valley to Texas
The software giant's decision "is another signal that the trend toward more remote working brought on by the pandemic could outlast the health crisis.”
By
Matthew Heller
| December 14, 2020
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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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The Cloud
Oracle Shares Slip as Q4 Sales Drop 6%
The software giant saw a drop-off in deals, particularly in industries most affected by COVID-19 such as hospitality and retail.
By
Matthew Heller
| June 17, 2020
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Financial Performance
Oracle Misses on Sales Again Despite ERP Gains
The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.
By
Matthew Heller
| December 13, 2019
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Financial Performance
Oracle Reports Sales Miss, Co-CEO Taking Leave
Mark Hurd says he decided that he needed to spend time focusing on his health.
By
Matthew Heller
| September 12, 2019
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Credit & Capital
S&P Cuts Oracle Rating on Stock Buyback Worries
With Oracle's buybacks exceeding free operating cash-flow generation, S&P is concerned the company will be overleveraged.
By
Matthew Heller
| July 3, 2019
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Risk & Compliance
Tesla Adds ‘Big Believer’ Larry Ellison to Board
Some analysts question whether the Oracle co-founder can bring independent oversight to Tesla given his friendship with Elon Musk.
By
Matthew Heller
| December 28, 2018
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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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Technology
Cloud ERP: The Time Has Come
Low up-front costs, hands-off maintenance, and automatic updates make cloud systems deserving of a serious look.
By
Yasmin Ghahremani
| December 3, 2018
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Financial Performance
Oracle Shares Dip on Another Revenue Miss
"This market has no patience for any misses from tech companies, no matter how minor or how explainable the miss."
By
Matthew Heller
| September 18, 2018
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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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Technology
How to Ensure ERP Software Implementations Succeed
Five key ways to avoid ERP failures, from a veteran expert witness in lawsuits over botched implementations.
By
Eric Kimberling
| February 12, 2018
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The Cloud
Oracle Buys Australian Software Firm for $1.2B
The acquisition of Aconex will "significantly advance" Oracle's push to expand its cloud-based software offerings for managing construction projects.
By
Matthew Heller
| December 19, 2017
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Technology
MongoDB Prices IPO to Raise $152 Million
The startup is aiming to disrupt the $44 billion database software market by offering a "modern, general purpose" platform.
By
Matthew Heller
| October 6, 2017
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