Bob Evans offers cloud growth guidance for several of the Cloud Wars Top 10 companies, with Oracle, ServiceNow, and SAP being “most bullish.”
growth
Bob Evans reviews the cloud growth guidance from the Cloud Wars Top 10 companies, which suggest that Oracle, ServiceNow, and SAP are leading.
Oracle’s CEO Safra Catz suggests that Oracle’s booming cloud business will grow 50% in the next quarter, after seeing 45% growth in Q3.
Oracle CEO Safra Catz projects 50% growth in cloud revenue in the next quarter, enabling the company to continue down the path of being the fastest-growing cloud provider.
Oracle’s cloud revenue for Q3 grew by 45%, making it the only company in the Cloud Wars Top 10 to achieve that upward trajectory during economic uncertainty.
Oracle continues to be the fastest-growing major cloud provider, with a recent Q3 growth rate of 45%, Bob Evans explains in this Cloud Wars Minute.
Oracle, SAP, and Google Cloud have proven to be the fastest-growing major cloud providers in the world, explains Bob Evans in reviewing Q4 results.
Snowflake has joined the large number of other major cloud providers in revising growth estimates downward, writes Bob Evans.
Snowflake reported 70% growth in product revenue for FY23 and guidance for Q1 was 44.5%, explains Bob Evans in this episode.
Bob Evans reviews Salesforce’s Q4 results, which suggest that the company’s FY24 growth will tumble to 10%.
Bob Evans reviews Salesforce’s Q4 numbers, which suggest a downshift, to 10%, in the company’s fiscal 2024 growth rate.
Bob Evans reviews Workday’s Q4 earnings results which highlight the company’s strong subscription growth rate and total subscription backlog.
Remaining performance obligation represents contracted business that isn’t yet recognized as revenue. It has become a powerful indicator of future growth for the Cloud Wars Top 10.
Bob Evans reviews the remaining performance obligation (RPO) metrics for enterprise app — and Cloud Wars Top 10 — vendors Oracle, SAP, Salesforce, and ServiceNow.
Bob Evans details how Oracle is boosting its CapEx investment to about $10 billion to meet the surging demand for its cloud infrastructure services.
Bob Evans explains how and why the combined valuations of the Cloud Wars Top 10 rose more than $100 billion in the past month.
Bob Evans reviews the latest updates to the Cloud Confidence Index, highlighting market-cap growth among Cloud Wars Top 10 companies in the last 30 days.
Bob Evans shares the Cloud Wars Top 10 growth chart and the related changes, after six of the Cloud Wars companies released their Q4 numbers.
Bob Evans reviews the earnings call comments by Alphabet CFO Ruth Porat about Google Cloud’s recent narrowing of loss relative to revenue.
Bob Evans reviews Amazon CEO Andy Jassy’s rare appearance at the company’s recent earnings call, during which he discussed AWS’ prospects.