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Oracle Q4 cloud revenues grow 29%, down 5% overall

Larry Ellison said the company's cloud revenue will eclipse Salesforce's revenue this year

Oracle Corporation has announced its 2015 fiscal Q4 quarterly earnings, unveiling impressive growth for its PaaS and SaaS business, which is up 29% on last year. The company posted overall revenue of $10.7 billion however, down 5% year on year. After a bullish announcement of its Q3 results in March, where Oracle boss Larry Ellison […]

Oracle hits out at Salesforce as cloud revenue grows

Larry Ellison said the company's cloud revenue will eclipse Salesforce's revenue this year

Oracle reported SaaS and PaaS revenues of $375m for the third quarter 2015, up 33 per cent from the previous year, with the company’s cloud services now growing at a quicker rate than those offered by Salesforce according to Oracle chief technology officer Larry Ellison.

Oracle appoints ex-US Defense Secretary, CIA director Panetta to board

Panetta has previously spoken out about the US public's underestimation about the threat of cyberwarfare

Oracle has appointed former US Secretary of Defense and former director of the Central Intelligence Agency (CIA) Leon Panetta to the company’s board of directors.

Not-for-profit slams Oracle’s cloud licensing practices

Oracle was called out for its poor cloud service licensing practices

Oracle should review its cloud service licensing practices or risk alienating customers according to the Campaign for Clear Licensing (CCL), an independent not-for-profit organisation campaigning for the rights of business software buyers.

Oracle hires Google App Engine guru to lead public cloud effort

Magnusson founded Virtutech, and helped build Google App Engine

Oracle has hired former Snapchat and Google executive Peter Magnusson to lead the company’s cloud development.

Larry Ellison becomes chairman, CTO in executive re-shuffle at Oracle

Oracle's Larry Ellison is going to be much more heavily involved in developing Oracle technology

Oracle announced Larry Ellison will step down from his current role as chief executive officer to take on executive chairmanship of the company as well as the role of chief technology officer. The move will also see co-presidents Mark Hurd and Safra Catz jointly take the helm as CEO.

Oracle 12c goes GA but is it enough to stem the rise of competitors?

Oracle CEO Larry Ellison said the 12c will serve as the "foundation of a modern cloud" when it was announced last year.

Oracle’s first multitenant relational database, Oracle 12c (the ‘c’ is for cloud), was punted into general availability this week. But with the future of the company being bet on its ability to bring its core database solutions into the cloud and big data era, some are beginning to doubt whether Oracle can maintain its leadership in the segment.

Oracle touts 25% cloud revenue increases

Oracle announced cloud revenue growth of 25 per cent, which came at the cost of traditional software license revenues

Oracle boasted a 25 per cent increase in cloud revenue in its latest earnings report as it looks to continue its transformation to offering a predominately cloud-focused portfolio of services. But the company reported minimal revenue increases, 3 per cent, and missed analysts’ profits and sales estimates.

Oracle and Salesforce announce cloud partnership

Oracle and are integrating their cloud services and Oracle have announced a nine-year technology partnership that will see Salesforce adopt a range of Oracle technologies as a platform for its popular cloud services. As part of the agreement, will standardise its platform on the Oracle Linux operating system and use the company’s Exadata engineered hardware systems, Oracle database and Java middleware.

Oracle and Microsoft announce cloud collaboration

Microsoft and Oracle will partner to deliver Oracle's software to Microsoft cloud customers

Former software rivals Microsoft and Oracle announced a partnership Monday that would allow Windows Hyper-V and Azure customers to run Oracle software on these platforms.