November 21, 2017 Jeffrey Burt
Oracle was late to the cloud game, but in recent years has moved aggressively to catch up. While still behind the top companies like Amazon Web Services, Microsoft Azure, and Google Cloud Platform, Oracle is seeing gains in revenue and customers to its cloud environment, thanks in large part due to the hundreds of thousands of enterprise customers that use its various operating system, middleware, database, and application software.
The cloud revenue jump at Oracle is pretty steep. In a conference call discussing the most recent quarterly financial numbers, Oracle co-CEO Safra Catz noted that cloud revenue for the quarter …Read more