Google Cloud, though much smaller than AWS and Microsoft, led Q3 in new customer growth, reflecting a shift in market dynamics.
Cloud Revenue
SAP is outpacing major competitors with a 34% increase in Cloud ERP Suite revenue and aggressive growth plans fueled by new customer acquisitions and a strong focus on AI offerings.
SAP’s increasingly modular cloud ERP suite, covering financials and supply chain, is saw a 33% growth rate in Q2, which is expected to continue in Q3.
Oracle is capitalizing on its booming cloud infrastructure and strategic multicloud deals to drive substantial revenue growth and innovation across its portfolio.
Oracle is aggressively expanding its cloud infrastructure and data center capabilities, projecting significant revenue growth driven by robust demand and strategic multicloud partnerships.
Oracle reported strong fiscal Q1 performance with significant growth in cloud infrastructure, RPO, and a new multi-cloud agreement with AWS.
Microsoft’s impressive cloud revenue growth in Q4 contrasts sharply with CEO Satya Nadella’s vague and insufficient updates on its embattled security business.
Despite Microsoft’s strong financial performance, CEO Satya Nadella’s inadequate focus on addressing security issues during the Q4 earnings call is a significant missed opportunity.
SAP’s strong Q2 performance stands out as it maintains robust growth while competitors face a slowdown in demand.
Oracle’s rapid cloud infrastructure growth, driven by high demand for AI services and a lucrative multi-cloud partnership with Google Cloud, is constrained by its ability to expand data center capacity,
Oracle’s multi-cloud deals with strategic partners, massive AI and data center investments, and soaring bookings are reshaping the Cloud and tech landscape.
With an expected 29% growth rate, Oracle would outpace Google Cloud as the fastest-growing cloud provider, driven by strategic innovations in infrastructure, databases, and enterprise applications.
A look at the reasons behind Oracle’s forecasted 29% cloud growth and its implications for the future.
Hasso Plattner steps down from SAP’s supervisory board after a remarkable 52-year career, leaving behind a legacy of customer-centric innovation and pivotal strategic decisions, including embracing customer feedback and appointing Christian Klein as sole CEO during the pandemic turmoil.
Oracle’s fiscal-Q3 cloud revenue surpasses license-support revenue, marking a major milestone in the company’s transformative journey, fueled by strong growth in Oracle Cloud Infrastructure and AI services.
Oracle’s fiscal-Q3 earnings reveal a groundbreaking shift as cloud revenue overtakes traditional licensing, signaling a transformative era in the tech giant’s business strategy
Oracle announces 40 AI deals totaling $1 billion and strong Q3 cloud growth at 25% to $5.1 billion as well as reveals plans for the world’s largest AI data center.
Oracle reported strong Q3 results with $5.1 billion in total cloud revenue, up 25%, but acknowledged falling short of meeting customer demand due to data-center capacity constraints.
Oracle is expected to deliver a 51% increase in Q3 cloud-infrastructure revenue, underlining its prowess in attracting major clients and reshaping industry dynamics.
Has Microsoft surpassed AWS as the leader in the enterprise cloud? Financial figures show Microsoft’s cloud revenue consistently outpacing AWS.