In this Cloud Wars Minute, Bob projects the soon-to-be-released FY23 Q1 figures of Oracle to set a new bar for the Top 10 Cloud Wars competitors.
Highlights
00:01 — Oracle’s FY23 Q1 numbers are due in the coming weeks and will likely establish the company as the world’s fastest-growing vendor in cloud revenue.
01:00 — In June, CEO Safra Catz projected the company’s first fiscal quarter, including the Cerner acquisition to fall between 44-47% growth.
01:34 — Catz named Cerner and Oracle Cloud Infrastructure as the key drivers behind this massive growth.
02:09 — Oracle aims to take the Cloud Wars top spot from Google Cloud (36%), outpacing the field of top competitors by a significant margin (SAP 34%, AWS 33%).
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