Page 13 - Autonomous Database News Today

Oracle announced increased demand for its second-generation cloud services in the country, as more and more Indian organizations seek to drive a rapid return to growth. Amongst those subscribing to Oracle’s best-in-class cloud applications and cloud infrastructure include Polycab, Religare Broking, Mphasis, Omega Healthcare, Nippon Life India Asset Management, GTPL Hathway, IFFCO, Lipi Data Systems, Infocepts, RXIL and ARCIL. Stated reasons for this large-scale migration to Oracle include muc...

This included growth in many of the software companys key product lines. Larry Ellison, co-founder and executive chairman of Oracle (pictured), told financial analysts at the company’s quarterly financial conference call that one of those products, Oracle Cloud Infrastructure, or OCI, was actually capacity-strained during the quarter. “There was more demand than we had supply,” Ellison said. “To remedy this capacity shortfall, we are adding OCI capacity and building new OCI data centers...

Oracle Recognized in Recently Released Gartner Reports REDWOOD SHORES, Calif., Dec. 14, 2020 /PRNewswire/ -- Today Oracle announced that its Autonomous Database, released just two years ago, was recognized by Gartner in its recently published cloud database market reports. Oracle Autonomous Database scored highest in all four Use Cases in the 2020 Gartner "Critical Capabilities for Cloud Database Management Systems for Operational Use Cases" report. Additionally, Oracle is a Leader in the 202...

Cloud services and licence support growth bolsters Oracle earnings Cloud services and licence support growth bolsters Oracle earnings But cloud licence and on-premise licence revenues fell Larry Ellison (Oracle) Credit: Blair Hanley Frank A revenue surge stemming from Oracle’s cloud services and licence support has helped to bolster the software giant’s financials in a second quarter that saw it weather falls in cloud licence and on-premise licence revenues. The thre...

ORCL earnings call for the period ending September 30, 2020.

Oracle's overall revenue in its fiscal Q2 of 2021 grew because of the growth in its Oracle OCI, Fusion ERP, and other cloud-focused technologies.

Because the balance sheet showed only muted growth while subscription cash starts to flow Share Copy Oracle has posted modest growth for its second quarter, with SaaS-y ERP a notable exception. But founder Larry Ellison says the numbers don’t reflect its bright new cloudy reality. The company won $9.8bn of revenue, up two percent year-on-year. Net income fared better, up six percent to $2.4 billion CEO Safra Catz called out the Fusion and NetSuite Cloud ERP applications for their resp...