Steve Miranda’s Post

Everywhere I talk about the #cloud (mostly about the offerings of the hyperscaler and national German companies), someone asks us: "And what about Oracle?" Whether we like Oracle or not, Safra Catz, the CEO of Oracle, has done a good job over the last 5 years. Turning competitors into customers was a smart move. We have to consider Oracle too in the cloud race, nonetheless we like them or not. #CloudReallabor

Oracle's fiscal 2024 Q2 results show a solid performance, particularly in cloud services. Key points to observe include: - A significant 25% growth in Cloud Revenue (IaaS and SaaS) to $4.8 billion, with IaaS alone surging by 52%, highlights Oracle's strong foothold in the cloud market. - Oracle's commitment to expanding cloud datacenters reflects a strategic response to the surging demand for cloud and AI services. - The robust overall revenue of $12.9 billion and earnings per share increases indicate Oracle's financial resilience and operational efficiency. These results signal Oracle's successful navigation in a competitive tech landscape, marked by a shift towards cloud-based solutions. https://lnkd.in/gNG-2ibc. courtest https://lnkd.in/gSKm4yZF

🌐 Analyzing Oracle's Cloud Revenue Hurdle Oracle's latest financials tell a tale of contrasts: their stock fell by more than 12% due to a slight miss in cloud revenue, achieving $12.94B against a forecast of $13.05B. The reason? A lag in scaling up Cloud Infrastructure, critical for matching the high market demand. Amidst this, Larry Ellison's confident pronouncements of big deals and aggressive growth targets stand in stark contrast. Is this optimism a sign of upcoming success or a mismatch with the current pace? https://lnkd.in/erUEsQXZ

Oracle Cloud Infrastructure is projected to reach nearly $6 billion in revenue in 2024📈 This momentum is a testament to Oracle's commitment to differentiating OCI, featuring second-generation cloud architecture, superior performance, and global expansion (article below👇👇👇) Exciting times for Oracle Cloud as it leads the charge in cloud innovation! 👏 #OracleCloud #CloudInnovation #TechNews 🚀

Oracle is a great example of a #CloudWars Top 10 company that's creating its own future—not letting others set the rules. That self-determination can be seen across #cloud apps, DBs, and infrastructure, which combined could make #Oracle the world's fastest-growing major cloud vendor at 29%.   Read more on Acceleration Economy: https://lnkd.in/gCsPP5TZ

Learn why migrating to Oracle Cloud Infrastructure helped FedEx lower costs, expand finance and revenue capabilities, and give IT teams more time for 'change-the-business' initiatives. https://lnkd.in/dtfHRQcY #oracle #oci #fedex #technology

Exciting news! Google Cloud and Oracle have teamed up to deliver enhanced cloud solutions for our customers. The latest offerings, like Oracle Database@Google Cloud and Google Cross-Cloud Interconnect, streamline the migration, modernization, and management of Oracle applications. Customers can look forward to various commercial advantages: - Simplified purchasing and contracting through Google Cloud Marketplace - Access to Oracle database services with existing Google Cloud commitments - Utilization of existing Oracle license benefits, including BYOL and discount programs For more information on the benefits and flexible options available, visit our blog: https://lnkd.in/e_vDPHJR #GoogleCloud #Oracle #Databases

With Hiperdist and Oracle, your organization can achieve freedom from business constraints, time-consuming manual administration, human error, and inefficient data silos that increase total cost. Push the limits of performance with Oracle Cloud Infrastructure. Modernize with Oracle today 👉https://hubs.li/Q02jFbfP0 #Hiperdist #Oracle #OracleCloudInfrastrucutre #OCI #TheFutureOfCloud #EmbraceFullCloudPotential

It's always a privilege to help companies harness the power of technology to better serve their customers. Adnams, a 150-year-old company, is a perfect example of this. By using the latest Cloud technology, they are reducing costs and waste while meeting customer needs. If you're interested in learning how JD Edwards on Oracle Cloud Infrastructure can help your business meet its strategic goals, join us on April 30th for a webinar on how to build the JDE to OCI business case. Christian Fronteras and I will be there to answer all your questions. Don't miss out on this opportunity to optimize your business with Oracle technology. Register now! https://lnkd.in/eBPsZT8X #jdedwards #oracleCloud #Oracle #Cloud #OCI

Happening now. Oracle Day Athens 2024. —Oracle Hybrid & Private Cloud Deploy as needed —Exadata Cloud@Customer —Exadata Cloud Service Elasticity, economies of scale , CloudOps, Autonomous Database Services, do more , forget abour common lifecycle tasks #OCI #OracleCloud #Innovation #OracleDay