Oracle reports quarterly results at 4 according to the fiscal year (March-May). Total revenue 10,892 million dollars Increase of 3% from the same period in the previous year, and net profit was 3,231 million dollars. Increased 15%.
Revenue from the business cloud (SaaS, PaaS, and IaaS) while maintaining a high level of growth. This income 1,361 million dollars. 64% increase expected in 1 year ahead will revenue surpassed 2 billion dollars. Which ceo Mark Hurd said business groups also Cloud Oracle high rates of growth, and if the only SaaS, it grows to 75%, with revenue of more than 1 billion dollars already.
Chairman of the company, and Larry Ellison say that large enterprise customers will likely move on Oracle database, the Cloud will increase customers ' AT&T that the talks have agreed to move the thousands of databases. Representing multiple Petabyte-size on the cloud, and it is also an opportunity for the future of Oracle's.
Oracle reports quarterly results at 4 according to the fiscal year (March-May). Total revenue 10,892 million dollars Increase of 3% from the same period in the previous year, and net profit was 3,231 million dollars. Increased 15%.
Revenue from the business cloud (SaaS, PaaS, and IaaS) while maintaining a high level of growth. This income 1,361 million dollars. 64% increase expected in 1 year ahead will revenue surpassed 2 billion dollars. Which ceo Mark Hurd said business groups also Cloud Oracle high rates of growth, and if the only SaaS, it grows to 75%, with revenue of more than 1 billion dollars already.
Chairman of the company, and Larry Ellison say that large enterprise customers will likely move on Oracle database, the Cloud will increase customers ' AT&T that the talks have agreed to move the thousands of databases. Representing multiple Petabyte-size on the cloud, and it is also an opportunity for the future of Oracle's.
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