Analyst Commentary

Oracle ever more bullish on its ability to dominate all cloud layers

Oracle notes great SaaS execution, but hones in on expected IaaS dominance
Oracle’s (NYSE: ORCL) FY3Q17 earnings call piled on the proof points that Oracle’s cloud business is here to stay. With NetSuite fully impacting the quarter, Cloud SaaS and PaaS revenue increases (73% growth year-to-year) convincingly outperformed new software license declines to deliver overall year-to-year growth of 4% for all collective software and cloud segments. With legacy business declines inevitable and most pronounced on the application...

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