CIO Business Intelligence

MARCH 12, 2024

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. Despite the fact that we are opening new and expanding existing cloud data centers very, very rapidly.”

Oracle 94

Oracle CTO Hire Fractional CTO Data Center 94

CIO Business Intelligence

MARCH 11, 2022

Cloud services and sales of SaaS applications boosted Oracle revenue for its last fiscal quarter, but the price of keeping up with the leading hyperscale cloud providers dragged down overall profit. Oracle’s user base grows. Oracle did have results to brag about, in terms of growing its cloud user base.

Oracle 104

Oracle Cloud Licensing Banking 104

CIO Business Intelligence

DECEMBER 13, 2022

Oracle on Monday said it will continue to invest $2.4 billion per quarter in its cloud business, which accelerated 48% in the second quarter, helping the company revenue grow 25% year-on-year, without accounting for currency fluctuations. The company expects cloud infrastructure ( IaaS ) margins to improve in the coming quarters.

Oracle 69

Oracle Cloud .Net Healthcare 69

CIO Business Intelligence

JULY 13, 2023

Oracle, for example, raised maintenance pricing by 8%, though it did not announce the increase publicly, Herbert noted. “We The move to hike prices, according to Omdia’s chief analyst Bradley Shimmin, will help the company maintain profit levels amid a maturing marketplace where the move to the cloud has already happened for most enterprises.

Oracle 75

Oracle Enterprise Enterprise Cloud 75

CIO Business Intelligence

SEPTEMBER 26, 2023

Access to the Joule interface will be included in existing SAP software license agreements, but the generative AI use cases that Joule calls on will be priced based on their business value, SAP chief marketing and solutions officer Julia White said. Generative AI really only works as part of a cloud model,” she said.

SAP 121

SAP Applications Energy Cloud 121

CIO Business Intelligence

NOVEMBER 7, 2022

The move to a cloud-based ERP system came several years into a broader digital transformation at Ranpak. That meant a decline in sales across the board, inefficiencies in processing and shipping, and an inability to increase prices in line with costs, leading to a $5 million drop in net profit in the quarter. But things began to slip.

SAP 128

SAP System Oracle Company 128

ForAllSecure

APRIL 19, 2023

And in the cloud, there are microservices that perform workloads. CODEN: we did some tests against one of the most, as I said, against one of most well, we got to test the license against one of the , most expensive analytics engines. So in the cloud environment. And in the so for for cloud environments the most.

Operating Systems 40

Operating Systems System Open Source Applications 40