As the need to effectively manage data grows, PlatformDigital from Digital Realty optimizes IT infrastructure for hybrid ...

“IaaS growth decelerated 14% points sequentially to 50% on an easier comparison, impacted by supply chain constraints on datacenter/GPU capacity,” the analyst further stated.

Non-GAAP EPS was $1.70, while GAAP EPS was $1.19. Operating income grew 7% for the quarter. Total cloud revenue, SaaS plus IaaS, was $6.7 billion, up 27%. IaaS revenue was $3 billion, up 52%.

For a breakdown of the individual adjustments see table "Non-IFRS Operating Expense Adjustments by Functional Areas" in this ...

Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...

This aligns with Oracle's broader IaaS growth narrative, which BNP Paribas forecasts to scale from $200 million in FY24 to $20 billion in FY29 at a staggering 97% CAGR, contributing 50% of group ...

Oracle Chairman and CTO Larry Ellison called out AWS specifically in the company’s earnings press release on Wednesday. “Our new Gen2 IaaS is both faster and lower cost than Amazon Web Services.

That compares to 30% growth in the first fiscal quarter. IaaS and SaaS revenue rose 52% and 15%, respectively, down from 66% and 17% growth in the previous quarter.

Global X Cloud Computing ETF offers niche exposure to pure-play cloud computing. Click here to read more about CLOU and why ...