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Oracle’s $30B Cloud Deal Marks Historic Growth Shift

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Manage episode 495144450 series 2536260
Content provided by Bob Evans. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Evans or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Highlights

00:03Oracle shares jumped 4% following news that the company is poised to sign a massive cloud deal expected to generate $30 billion annually, starting in fiscal year 2028. It's a potential game-changer for the company's revenue and growth. The announcement of the deal has already been filed with the Securities and Exchange Commission.

00:31 — Oracle's cloud business has received a substantial boost of late. Last year, my colleague Bob Evans highlighted a significant milestone that was Oracle's cloud revenue surpassing its license revenue for the first time. Since then, as per the fiscal year 2025, cloud revenue has surged to $6.7 billion marking a remarkable 27% year over year increase.

01:01 — The challenge now will be managing future investments in preparation for such an opportunity in the rapidly evolving technology and business climates. 2028 is still a long way off, and Oracle will need to ramp up operations strategically. I have full confidence in the Catz/Ellison Dream Team's ability to handle it and to handle such a major push for its cloud business.

Visit Cloud Wars for more.

  continue reading

496 episodes

Artwork
iconShare
 
Manage episode 495144450 series 2536260
Content provided by Bob Evans. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Evans or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Highlights

00:03Oracle shares jumped 4% following news that the company is poised to sign a massive cloud deal expected to generate $30 billion annually, starting in fiscal year 2028. It's a potential game-changer for the company's revenue and growth. The announcement of the deal has already been filed with the Securities and Exchange Commission.

00:31 — Oracle's cloud business has received a substantial boost of late. Last year, my colleague Bob Evans highlighted a significant milestone that was Oracle's cloud revenue surpassing its license revenue for the first time. Since then, as per the fiscal year 2025, cloud revenue has surged to $6.7 billion marking a remarkable 27% year over year increase.

01:01 — The challenge now will be managing future investments in preparation for such an opportunity in the rapidly evolving technology and business climates. 2028 is still a long way off, and Oracle will need to ramp up operations strategically. I have full confidence in the Catz/Ellison Dream Team's ability to handle it and to handle such a major push for its cloud business.

Visit Cloud Wars for more.

  continue reading

496 episodes

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