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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

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. In Q4, Oracle will start delivering its completely new Ambulatory Clinic Cloud Application Suite to these same customers,” he noted.

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OCI demand for AI workloads, Cerner boost Oracle’s third quarter revenue

CIO Business Intelligence

Oracle on Thursday reported third quarter total revenue of $12.4 billion, up 18% year-on-year, boosted by the demand for AI workloads in Oracle Cloud Infrastructure (OCI) and Cerner’s contribution to the topline. “So, But so we’re faster and we’re cheaper,” Oracle Chairman Larry Ellison said during an earnings call with analysts.

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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

He also praised Oracle and its CEO Larry Ellison for other cloud-related support. Zoom and AWS are among a group of tech companies seeing demand surge due to the pandemic. AWS posted net sales of $10.2 billion in Q1 , an increase of nearly 33% from a year ago, and profits of more than $3 billion.

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Cloud Musings by Kevin L. Jackson: Will Oracle Buy Informatica?

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. Will Oracle Buy Informatica? According to 1,250 ERP Software Advice readers that will be Oracles next acquisition. Connect via: CLOUD COMPUTING WORKING GROUP. Cloud Musings on Forbes.

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Technology Short Take #63

Scott Lowe

In any case, here’s another collection of links and articles from around the Net on the major data center technology areas. Russell Pope at Kovarus recently wrote about using security groups to manage the VMware NSX distributed firewall. I’ll try to correct that for the next one. Have fun reading! Networking.

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Cloud Musings by Kevin L. Jackson: Enterprise Architecture Enables.

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. Connect via: CLOUD COMPUTING WORKING GROUP. "Cloud Musings" Named A "Top 50 Blog" Will Oracle Buy Informatica? What's Next For Oracle? Cloud Musings on Forbes.

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Named A "Top 50 Blog" - Cloud Musings by Kevin L. Jackson

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. Connect via: CLOUD COMPUTING WORKING GROUP. "Cloud Musings" Named A "Top 50 Blog" Will Oracle Buy Informatica? What's Next For Oracle? Cloud Musings on Forbes.

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