Oracle in the Cloud - GovCloud Network

blog

0
345
Sunday, May 5, 2008

Oracle in the Cloud

Oracle (NSDQ: ORCL) is building new data centers to support cloud computing. The company is investing $285M and will break ground on the 200,000-square-foot facility this summer. Oracle’s president Safra Catz said that the center will help support its on-demand business, plus research and development and customer service operations.

Oracle’s on-demand software operation grossed $174 million in revenue in its fiscal quarter ended March 26, up 23% from the same quarter last year. Based on fairly consistent quarter-to-quarter growth rates over the past few years, Oracle On Demand is on track to gross around $700 million in annual revenue for the company’s fiscal year ending in June, and Oracle cites 3.6 million users of its on-demand applications.

Follow me at https://Twitter.com/Kevin_Jackson

LEAVE A COMMENT

Name*
E-mail*
Phone number*
Your Message

Latest posts

0
3229

Cloud Computing Evolves: An Interview with Mats Johansson

Recently, Ericsson Digital released an amazing report on Edge Computing and 5G. In it, they explained how distributed...

0
2288

Unveiling the end-to-end capabilities for the networked society

An Interview with Henrik Basilier  By Kevin L. Jackson The telecom industry is rapidly moving towards a future i...

0
3167

AT&T Finance Solutions GM on Shrimping, Software, and CX

Helping clients address the trends and challenges presented by the Financial Services industry is the main focus for ...

0
6985

The IoT Nexus: Bosch Connected World 2019 in Berlin

Next week, I will be influencing #LikeABosch as I accept an invitation from the company to attend Bosch ConnectedWorl...

0
2646

Survive and Thrive With Digital Transformation

First cloud computing then multi-cloud. How can we get ahead of this digital transformation nightmare? These are the ...

0
925

The “George Jetson” of Today

He grew up in Silicon Valley, landed his first job at Apple Computers, was introduced to Nobel Prize winners by his d...

0
3745

MWC19: Where Telecommunications and Cloud Meet

As a cloud solution architect, my passion is learning the details about how cloud computing uniquely supports specifi...

0
826

Tulane University SoPA Selects “Architechting Cloud Computing Solutions”

Last week, Packt Publishing announced that “Architecting Cloud Computing Solutions” by Kevin L. Jackson a...

0
1328

5G Wireless Technology Connecting Healthcare

Healthcare is in the middle of massive change. Called digital transformation by many, this term describes the industr...

0
1450

Maria Lensing: The Network Platform for Healthcare’s Future

As a girl, Maria and her family traveled to Memphis, Tennessee to get cancer treatment for her sick brother. The mira...