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Oracle to announce cloud infrastructure service at OpenWorld, Ellison says

Chris Kanaracus | Sept. 21, 2012
Oracle on Thursday reported that net income rose 11 percent to US$2 billion while revenue fell 2 percent to $8.2 billion in the first quarter ended Aug. 31, with the period marked by some strength in software but falling hardware revenues.

As for other hardware, Oracle has "the hottest Unix box in the industry" with its Sparc T Series servers, he said. The platform experienced double-digit growth in the quarter, according to Hurd.

Oracle's software sales were helped by acquisitions in the past year, such as of applications vendors Taleo and RightNow.

Software growth "was little better than we expected," Hurd said. "We think we have the people and the services to win a lot of business in the cloud."

For the most part, customers purchasing Oracle's next-generation Fusion Applications are choosing cloud-based deployments, and the bulk of sales are for HCM (human capital management) software, Ellison said.

Oracle had "very strong HCM wins in the quarter" for Fusion, Hurd said. "We're seeing the same ramp now on the [customer relationship management] side."

 

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