Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...
Oracle’s executive leaders don’t waffle when they talk about what’s at stake in the tech industry’s transition to cloud computing. “The move to cloud is a generational shift in technology that is the ...
Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030, up from just $10 billion in fiscal 2025. That works out to a ...
When organizations consider moving their finance operations to Oracle Cloud, the promise of streamlined processes, real-time insights, and reduced operational costs is tantalizing. It sounds almost ...
WASHINGTON--(BUSINESS WIRE)--Avyance, a leading provider of IT transformation services, supported the successful implementation of the Oracle Cloud Financial Management System (FMS) at the National ...
Oracle's recent financial update suggests that it is on track to deliver more upside over the next five years.
Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Oracle to launch Digital Assets Data Nexus, aiding banks in creating, managing, and integrating blockchain-based digital ...
Oracle stock reversed Thursday's gains as investors weighted its aggressive revenue and gross margin forecasts.