Archivo de la categoría: Oracle

Larry Ellison, Marc Benioff, Mark Hurd, News & Analysis, Oracle, Salesforce, SAP

Oracle hits out at Salesforce as cloud revenue grows

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

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.

While Oracle reported strong growth in its cloud services segment, the company’s overall revenues, however, remained flat at $9.3bn, with a 2 per cent decline in hardware systems revenue (to $1.3bn) and operating income down 5 per cent to $3.4bn.

Nevertheless, the company’s executives were quite pleased with the results.

“In Q3, we sold nearly $200 million of new SaaS and PaaS business as measured in annual recurring revenue,” said Oracle chief executive officer Mark Hurd.

“In Q4, we expect to sell over $300 million of new SaaS and PaaS annual recurring revenue. That means we have a real chance to sell more SaaS and PaaS new business this coming quarter than any other cloud services provider. I think our hyper-growth in the cloud comes as a big surprise to a lot of people,” Hurd said.

Ellison was less inclined to mince words in a call with press and analysts this week, calling out one of its biggest direct competitors in the CRM space – Salesforce.

“Oracle now has a cloud revenue run rate of well over $2 billion a year. We’re already the world’s second-largest SaaS and PaaS company. On our last quarterly conference call, I predicted that in our fiscal year 2016 Oracle would likely sell more SaaS and PaaS new business than Salesforce.com. Well, I was way too cautious.”

“I now believe that Oracle will sell more new SaaS and PaaS business than Salesforce.com in this current calendar year, 2015,” he said.

This kind of rhetoric isn’t uncommon among the awkward yet symbiotic trio, SAP, Oracle and Salesforce, which to some extent have come to epitomise the dynamic between the large slower moving incumbent and the smaller but rapidly growing new kid on the block.

Last month Salesforce, which is led by ex-Oracle executive Marc Benioff, announced a record fourth quarter with full fiscal year 2015 revenue hitting $5.37bn. In a call with press and analysts to discuss the results Salesforce vice chairman and president Keith Block said it achieved those results “right in SAP’s backyard.”

Cancer, Medical, Oracle, University of Texas MD Anderson Cancer Center

Oracle Joins Personalized Cancer Care Consortium

Worldwide Innovative Network (WIN) in personalized cancer medicine consortium announces dthat Oracle Health Sciences has become a member of the consortium. Oracle will provide access to its data management, clinical trials, genomics and analytics expertise to help WIN advance its mission of increasing the efficacy of cancer care globally through personalized therapy and early diagnostics.

The development of personalized therapies requires new collaborations between industry, healthcare and academia. This includes the ability to access and build upon the collective knowledge and data of the entire cancer community, including clinical, genomic and patient data leveraging modern information technologies.

Oracle Health Sciences has developed a portfolio of integrated, cloud-based software applications that help advance personalized medicine by enabling new collaboration models between research institutions and healthcare organizations. Specific to the work of the consortium, the Oracle Health Sciences Network accelerates translational research, healthcare analytics, and health information exchange by allowing these organizations to more efficiently share and analyze de-identified data across organizational boundaries.

“To advance personalized cancer care, collaboration among the health sciences community is absolutely essential, but achieving it, from a technology perspective, has presented challenges. Oracle is helping organizations to break down these barriers and lay a foundation for expanded collaboration and new insight. We welcome Oracle’s knowledge and innovation as it joins our ranks,” said Dr. John Mendelsohn, Chairman of WIN Consortium and past President, University of Texas MD Anderson Cancer Center.

“Our overarching goals are to achieve groundbreaking personalized cancer medicine discoveries and to significantly improve the outcomes and quality of life for cancer patients,” said Professor Alexander Eggermont, General Director, Institut Gustave Roussy and Vice-Chairman of WIN Consortium. “With the dropping cost of whole genome sequencing, technology is essential to helping us analyze this rich data and achieve our goals. We welcome Oracle, one of the world’s leading innovators in this field, to our organization, and look forward to its many contributions.”

 


Amazon AWS, IaaS, Larry Ellison, Oracle, Oracle Corporation, Private Cloud

Oracle Going Up Against Amazon with New Cloud Offerings

Oracle’s Larry Ellison once called cloud computing “Complete gibberish” but now Oracle is fully in the Cloud game with new announcements, which BusinessInsider covered in a story over the weekend.

There are two versions of Oracle’s new IaaS cloud. One is a “public cloud” similar to the kind of clouds offered by Amazon, Rackspace, HP, and others, where the hardware is located in Oracle’s data centers. It includes compute services and storage services, Ellison said.

The second is the so-called Oracle Private cloud, where a replica of Oracle’s public cloud is put in the customer’s own data center. Oracle would still own the hardware and be responsible for running it, securing it and updating it

Read the article.