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During June's Q4 earnings
call, Oracle executives announced Oracle's best quarter yet for cloud.
Oracle is now the second largest cloud Software as a Service (SaaS) company
in the world, and executives plan to close in on the top spot by growing
SaaS bookings over 50 percent.
"Our cloud subscription business is now approaching a run rate of $2
billion a year," said Oracle President and Chief Financial Officer Safra Catz.
"As our business has transitioned, more software revenues are being
recognized over the life of a subscription rather than upfront. We're
making this transition to cloud subscriptions and ratable revenue recognition
while continuously increasing our top-line revenue and our bottom-line
profits year-after-year."
In our special report, learn more about Oracle's
recent call, and find out how Oracle's new Oracle Data as a Service for
Business helps executives make better business decisions across
the enterprise—in real time. Plus, hear from some of Oracle's leading
experts on cloud, including Oracle President Mark Hurd, on the
secrets to a smart adoption strategy.
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"As an antidote to
all that complexity and cost and confusion, cloud computing can help CEOs
transform their businesses by understanding customers and prospects more
intimately, pouncing on new market opportunities as they emerge,
accelerating new-product development, and hiring and growing world-class
talent," says Oracle President Mark Hurd.
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"For a midsized
enterprise, the decision to evaluate any cloud footprint should begin
with the constitution of a risk evaluation and contingency planning
board," says Amitava
Ghosh, principal business analyst with the Oracle Insight
team.
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"ERP cloud solutions
have matured to the point where they are a smart strategic alternative
for many organizations—especially for those whose ERP system is focused
around CRM, HCM, and finance management," says Hans Castel,
senior director with the Oracle Insight and Customer Strategy team.
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"Plan your mobile BI
implementation strategy with a focus on security, collaboration, and user
engagement, and you'll reap the rewards of mobilizing your
analytics," says Christian
Screen, director of the Oracle Business Intelligence
Practice at Sierra-Cedar, Inc. and an Oracle ACE.
Oracle Business
Intelligence Cloud Service meets the growing demand for fast, mobile, and
secure business intelligence.
What happens when demand
starts to outpace supply? "If you're an executive trying to do well
in this environment, you have to evolve, because it's really the
innovators that succeed here," says Dr. Stefan Heck, author of Resource Revolution: How to
capture the biggest business opportunity in a century.
Today's chief information
officers have some fantastic new opportunities to deliver
transformational business impact and customer value for their
organizations. But what does it take to actually deliver on that
potential?
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Learn the step-by-step
process on protecting your Oracle system from a catastrophic breach and
reducing company-wide PCI compliance scope in this blog post.
CardConnect offers the only Oracle Validated Integration for protecting
and processing credit card payments. Visit erp.cardconnect.com/oracle
for more information or email info@cardconnect.com to schedule a demo.
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If you want to deliver
value to your enterprise beyond next year, focus on steps you can take
today to ensure long-term growth and success.
Oracle Big Data SQL is
the only product that provides the three things SQL has to have to be
useful across this diversity of repositories: seamlessness, speed, and
security.
To truly maximize the value
of data to business operations, you must somehow separate the data from
the underlying tangle of management, legal, and integration problems that
often stunt our ability to use data for competitive advantage.
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Oracle's Chief
Communication Officer Bob
Evans discusses what a new study from IDC revealed about IT
complexity.
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For Celcom, customer
experience is the way back to the top.
Get the best of Oracle's
executive content, blogs, podcasts, and in-depth articles from Oracle's Profit Magazine.
Get more news and opinion
about Oracle applications and business strategy from Profit Online.
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Magazine.
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