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Ironclad SaaS Security for Cloud-Forward Enterprises

Ironclad SaaS Security for Cloud-Forward Enterprises

The 2015 Anthem data breach was the result of...

The Key Benefits of Using Social Media for Business

The Key Benefits of Using Social Media for Business

Worldwide, there are more than 2.6 billion social media...

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Register with code GARTITB and save $350 off the...

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

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FICO Scales with Oracle Cloud

FICO Scales with Oracle Cloud

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Is The Cloud Finally Catching Up With Mighty Oracle?

February 22, 2012 No Comments

Oracle for years has seemed impervious to cloud computing. First Larry Ellison dismissed it. Then he sort of touted it, his version at least. But all along, Oracle was growing nicely. The industry chatter didn’t seem to matter. Big companies buy big software systems.

Something changed this winter.

Oracle’s software license sales limped up just 2% in December, and the company blamed customer budget cuts and fears over the European debt crisis. Sales to Europe, Africa and the Middle East make up a third of Oracle’s revenues. The stock took an instant 8% hit, but perhaps more tellingly is 22% off its May 2011 high. Investors appear to be signalling that Oracle‘s recent woes are due to more than just stingy customers. Could it be true that big, hulking IT organizations are changing buying patterns?

Read More of Victoria Barret’s Blog Post on Forbes.com

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