Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total sales.
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 ...
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 ...
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 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, ...
It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ ...
While many see human-resources software as administrative plumbing, Riaz Sait treats it as an intelligent decision engine.
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.
Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030, up from just $10 billion in fiscal 2025. That works out to a ...
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 ...