Cloud, SaaS boost Oracle sales, but competition exacts costs
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 did have results to brag about, in terms of growing its cloud user base. For example, in comparison, Microsoft reported $22.1
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