Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
In this Cloud Wars Minute, Bob offers five reasons why Oracle, the fastest-growing major cloud provider in the world, crushed Q3.
Highlights
00:31 — Oracle had a phenomenal Q3. Bob details five reasons that made the company’s third-quarter so successful. Oracle’s total Q3 cloud revenue was up 43% and its cloud infrastructure business was well over 50%.
01:31 — Oracle is a company that only a few years ago had no presence in the cloud infrastructure business. All of the sudden, Oracle is a legitimate player.
02:00 — There are five reasons Oracle was able to achieve this remarkable growth. The first three come from CEO Safra Catz during the company’s earnings call, and the other two are Bob’s additions:
- Oracle’s Gen2 architecture performs better, has lower security, and a lower cost
- The flexibility and deployment of Oracle applications
- Oracle’s portfolio of end-to-end integrated applications
- Autonomous database gaining momentum
- Oracle’s hardware and software that is engineered to work together
03:46 — Yesterday, Bob announced that Oracle’s CEO, Safra Catz, was named the Cloud Wars CEO of the Year.
