During June's Q4 earnings call, Oracle executives announced Oracle's best quarter yet for cloud. Oracle is now the second largest cloud Software as a Service (SaaS) company in the world, and executives plan to close in on the top spot by growing SaaS bookings over 50 percent.
"Our cloud subscription business is now approaching a run rate of $2 billion a year," said Oracle President and Chief Financial Officer Safra Catz. "As our business has transitioned, more software revenues are being recognized over the life of a subscription rather than upfront. We're making this transition to cloud subscriptions and ratable revenue recognition while continuously increasing our top-line revenue and our bottom-line profits year-after-year."
In our special report, learn more about Oracle's recent call, and find out how Oracle's new Oracle Data as a Service for Business helps executives make better business decisions across the enterprise—in real time. Plus, hear from some of Oracle's leading experts on cloud, including Oracle President Mark Hurd, on the secrets to a smart adoption strategy.
Five Reasons Why CEOs Should Love the Cloud
“As an antidote to all that complexity and cost and confusion, cloud computing can help CEOs transform their businesses by understanding customers and prospects more intimately, pouncing on new market opportunities as they emerge, accelerating new-product development, and hiring and growing world-class talent,” says Oracle President Mark Hurd.
The Four A’s of Cloud Adoption
“For a midsized enterprise, the decision to evaluate any cloud footprint should begin with the constitution of a risk evaluation and contingency planning board,” says Amitava Ghosh, principal business analyst with the Oracle Insight team.
The Benefits of ERP in the Cloud
“ERP cloud solutions have matured to the point where they are a smart strategic alternative for many organizations—especially for those whose ERP system is focused around CRM, HCM, and finance management,” says Hans Castel, senior director with the Oracle Insight and Customer Strategy team.
Cloud with a View
Oracle Business Intelligence Cloud Service meets the growing demand for fast, mobile, and secure business intelligence.
The Next Big Thing In Modern Marketing: Data As A Service
To truly maximize the value of data to business operations, you must somehow separate the data from the underlying tangle of management, legal, and integration problems that often stunt our ability to use data for competitive advantage.
How Frontline Employees Can Help Drive Cloud Acquisition
In the face of a constantly evolving enterprise software industry, the first step is to ask yourself an important question: How are you engaging your own employees and colleagues in your software evaluation and acquisition practices today?
Skanska builds global workforce insight with cloud-based HCM system.
Growing midsize organizations gain competitive advantage with modern ERP cloud.
Full Cloud Ahead
Are HR managers charting a new technology course—or are they adrift?