blog

0
140
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
1279

How “Big Iron” Does “Big Regulation”

According to Verizon, there were over there were over 53,000 security incidents in 2017, with over 2,200 of those ide...

0
1581

Mainframe Synergies for Digital Transformation

In July  of 2018, Broadcom announced its intentions to acquire CA Technologies. In the press release, Hock Tan, Presi...

0
354

2018 AT&T Business Summit: Security “in” and “of” the Cloud

While public cloud is undoubtedly an outsized piece of the conversation, news headlines of the latest data breach can...

0
125

My Brush with Royalty: Queen Latifah

Queen Latifah! Hip Hop Icon. Movie Star. Television Star. Fashion Model. Songwriter. Producer. Entrepreneurial Genius...

0
260

What’s New in Puppet 5?

Puppet 5 is released and comes with several exciting enhancements and features that promise to make configuration man...

0
145

5 Reasons Why Ansible is the Best CM Tool Out There?

Amidst volatile markets, dynamic technology shifts, and ever-increasing customer demands, it is imperative for IT org...

0
199

Machine learning APIs for Google Cloud Platform

Google Cloud Platform (GCP) is considered to be one of the Big 3 cloud platforms among Microsoft Azure and AWS. GCP i...

0
250

What Is The Most Important Part of Architecture?

I always find it interesting to hear what people view architecture as. A lot of people think it’s just about the desi...

0
1722

Cloud migration best practice Part 4: Executing the migration

This series has stepped through cloud migration best practices. After providing an overview, we discussed: Classifyin...

0
321

Cloud Migration Best Practice Part 3: Application Portfolio Analysis

In part three of this series on cloud migration best practice, I will focus on migrating the application itself. If y...