Oracle said total cloud sales, which the company had said would rise 39% to 43%, grew 44% in the quarter to $1.52 billion.

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Topics:  cloud   
BING NEWS:
  • Swollen Cloud Market Surges Again Q1; Enterprise GenAI Enthusiasm Ramps: Data Center Industry Analysts
    New analyst reports from Synergy Research and Omdia shed light on where demand for AI compute currently overlaps with a surge in the traditional cloud.
    05/6/2024 - 12:14 pm | View Link
  • AI Accelerates Cloud Revenues As Well As Cloud Investments
    Three years ago, thanks in part to competitive pressures as Microsoft Azure, Google Cloud, and others started giving Amazon Web Services a run for the ...
    05/6/2024 - 6:17 am | View Link
  • The big three cloud providers, Amazon, Microsoft and Google currently make up 67% of the market
    Synergy Research Group has released its latest data on business trends in the cloud computing market. The three major companies involved in the lucrative business are ...
    05/6/2024 - 2:40 am | View Link
  • Informatica CEO sees no slowdown in cloud growth
    Subscription revenue grew 13% year-over-year to $1.16 billion, while cloud subscription ... saying business has been strong all quarter. “The IDMC platform adoption is growing gangbusters with 69% ...
    05/2/2024 - 10:32 am | View Link
  • AI demand drives Amazon’s biggest cloud sales growth in a year
    Amazon.com Inc.’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology ...
    05/2/2024 - 10:30 am | View Link
  • More

 

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