{"id":10290,"date":"2014-02-12T15:00:00","date_gmt":"2014-02-12T15:00:00","guid":{"rendered":"https:\/\/cloudcomputing.sys-con.com\/node\/2961679"},"modified":"2014-02-12T15:00:00","modified_gmt":"2014-02-12T15:00:00","slug":"where-is-oracle-headed-in-the-cloud-2","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/where-is-oracle-headed-in-the-cloud-2\/","title":{"rendered":"Where Is Oracle Headed in the Cloud?"},"content":{"rendered":"<p>Oracle has sounded extremely optimistic about their future; one that is going to be dominated by the cloud. The company has reported cloud revenue growth of anywhere between 35% and 50% over the past few quarterly financial reports. Safra Catz, the Chief Financial Officer at Oracle is noted to have said that her company is focused at increasing market share on the cloud at this point \u201cunlike all those cloud companies\u201d like SalesForce that are focusing on profits.<br \/>\nSo is the company seeing a paradigm shift in their revenue pie? Not really. Despite the buzz about Oracle\u2019s focus being on the cloud, this segment only contributes to 3% of the overall revenues at the moment. According to a report by Cowen analyst Peter Goldmacher, the organic cloud growth at Oracle in the second quarter is not expected to have been more than 6%.<\/p>\n<p><a href=\"https:\/\/cloudcomputing.sys-con.com\/node\/2961679\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle has sounded extremely optimistic about their future; one that is going to be dominated by the cloud. The company has reported cloud revenue growth of anywhere between 35% and 50% over the past few quarterly financial reports. Safra Catz, the Chief Financial Officer at Oracle is noted to have said that her company is focused at increasing market share on the cloud at this point &ldquo;unlike all those cloud companies&rdquo; like SalesForce that are focusing on profits.<br \/>\nSo is the company seeing a paradigm shift in their revenue pie? Not really. Despite the buzz about Oracle&rsquo;s focus being on the cloud, this segment only contributes to 3% of the overall revenues at the moment. According to a report by Cowen analyst Peter Goldmacher, the organic cloud growth at Oracle in the second quarter is not expected to have been more than 6%.<\/p>\n<p><a href=\"https:\/\/cloudcomputing.sys-con.com\/node\/2961679\" target=\"_blank\">read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10290","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=10290"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10290\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=10290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=10290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=10290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}