Cloud Tech Driving Force Behind Oracle’s Quarterly Results
Oracle has recently announced it’s quarterly results and it’s apparent that their cloud-based autonomous database is driving factor behind this strong quarterly growth. Their total reported revenue is up 2% year-on-year and 4% for cloud-based licence support. For a comprehensive overview, the whitepaper is also available online: “Oracle Autonomous Database Strategy: Next Generation Mission-Critical Data Management in the Cloud.”
Oracle chairman and CTO Larry Ellison has reaffirmed the core features;
“The Oracle Autonomous Database, the world’s only fully autonomous data management system, can automatically patch security vulnerabilities while running; it keeps your data safe.”
Oracle’s consistent growth now accounts for 71% of total company revenues and ties to the advent of Oracle’s Autonomous Database. Oracle CEO, Safra Catz has also correlated the recent success with the tech as such,
“Oracle Autonomous Database is also both serverless and elastic. It’s the only database that can instantaneously scale itself to an optimal level of CPU and IO resources. You only pay for what you use. Security and economy are two fundamental reasons why thousands of customers are now using the revolutionary new Oracle Autonomous Database in our Generation 2 Public Cloud.”
From a customer perspective, businesses can rest assured that Oracle’s increasing revenue is directly linked to tangible results and proven success from a now best-in-class cloud augmented analytics using OAC and ADW combined!
Vertice, as the recent winner of Oracle UK and Ireland Autonomous Database Partner of the Year 2020, are confident that this technology is at the fore of augmented analytics in the cloud. Vertice are here to assist and enable your journey with augmented analytics using OAC and ADW. If you would like to know more, you can get in touch directly at firstname.lastname@example.org, or join one of our regular webinars. You can also leave us a message below and we will reach out to you.
If you have any questions, don’t hesitate to get in touch