Oracle reported a great quarter, with their stock price up over 13%. A significant amount of their growth this quarter was cloud related, with their cloud revenue up over 23%. Oracle Cloud Infrastructure (OCI) revenue was also up 53%. Going forward, Oracle forecasts a tremendous amount of increase, including OCI growth at over 50% and total revenue growth at a double-digit rate.
In this podcast, our Oracle Practice Leader, Jeff Lazarto, highlights some key growth opportunities for Oracle, including AI and cloud opportunities. He also breaks down how Oracle customers can use the vendor’s clear goals as leverage in their upcoming negotiations.
For a more in depth discussion on how to evaluate and negotiate OCI, register for next week’s webinar here.
