Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total sales.
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Oracle is joining the Cloud Security Notification Framework project (CSNF), an initiative looking to develop a standardized framework for dealing with cloud security issues in enterprise environments, ...
Larry Ellison, now Oracle's CTO, has played a major role in helping the company win AI cloud deals and pivot beyond legacy software Oracle projects that its Oracle Cloud Infrastructure business will ...
While many see human-resources software as administrative plumbing, Riaz Sait treats it as an intelligent decision engine.
Bank of America analysts provided an opinion on this AI stock with their newly developed bottom-up financial model.
Oracle ORCL is making a bold push into the cloud, positioning it as the cornerstone of its next growth phase. In the fourth quarter, total cloud revenues climbed 27% year over year, contributing to a ...
Oracle Corp. fell the most in almost nine months after giving its long-range financial outlook, suggesting investors anticipated a bigger boost from its investment in AI infrastructure.
It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ ...
Oracle’s decision to eliminate more than 150 positions from its cloud division reveals the complex balancing act facing technology companies as they navigate explosive artificial intelligence growth ...