If nothing else, cloud technology has simplified the IT landscape, reducing the pressure on businesses to manage hundreds of different applications for myriad different purposes. “I don’t think we’ll return to the complexity we created in the past,” said Oracle CEO Mark Hurd during a keynote presentation on March 21 at Oracle Industry Connect in […]
Securing its position as the “fastest-growing cloud company at scale,” Oracle reported that its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues rose 73% in its fiscal third quarter, to $1.0 billion. Its total cloud revenues, including infrastructure as a service (IaaS), increased 62%, to $1.2 billion. Oracle CEO Mark Hurd noted that the company’s SaaS […]
By Mark Hurd Innovation-starved companies stuck in today’s slow-growth economic environment can look forward to better days ahead, because tech spending is going to pivot quickly to unleash their full potential in ways that many executives don’t yet realize. Before I get to how things will change, however, let me describe the current environment. Globally, […]
