Oracle Wrestles with Hardware as Software Grows - Sponsored Whitepaper
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Oracle continues to wrestle with hardware, even as software drives growth. With a $2 billion Exadata pipeline, a $120 million deduction off operating expenses, unexpected contributions from Sun middleware and Phase Forward, and nearly 24% year-to-year growth in services revenue, Oracle is steaming ahead with its systems vendor strategy. Oracle President Safra Catz reported during the calendar 4Q10 earnings call that revenue growth was led by strong adoption of technology and applications. Larry Ellison, CEO of Oracle, predicts that the Exadata appliance family will realize $1.5 billion this fiscal year. With full year 2010 revenue growth of nearly 40% year-to-year and total revenue of almost $32 billion, Oracle is well positioned to begin calendar 2011 ready to drive growth.
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