Oracle is learning that it’s hard for enterprise companies born in the data center to make the transition to the cloud, an entirely new way of doing business. Yesterday it reported its earnings and it was a mixed bag, made harder by changing the way the company counts cloud revenue. In its earnings press release from yesterday, it put it this way: “Q4 Cloud Services and License Support revenues were up 8% to $6.8 billion.
Oracle Could Be Feeling Cloud Transition Growing Pains
Ron Miller, TechCrunch
Wed, 06/20/2018 - 12:02pm
Topics: q4 cloud services license support q4 cloud license on-premise license let s march cloud software service saas cloud platform service paas infrastructure service iaas total cloud revenues june safra catz oracle co-ceo difucci oracle stock chart google john dinsdale synergy research generally microsoft azure synergy s the next that oracle february cloud i oracle if hard market company percent chose reported number good yesterday put quarter analyst growth break guys
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