Oh no, you're thinking, yet another cookie pop-up. Well, sorry, it's the law. We measure how many people read us, and ensure you see relevant ads, by storing cookies on your device. If you're cool with that, hit “Accept all Cookies”. For more info and to customize your settings, hit “Customize Settings”.

Review and manage your consent

Here's an overview of our use of cookies, similar technologies and how to manage them. You can also change your choices at any time, by hitting the “Your Consent Options” link on the site's footer.

Manage Cookie Preferences
  • These cookies are strictly necessary so that you can navigate the site as normal and use all features. Without these cookies we cannot provide you with the service that you expect.

  • These cookies are used to make advertising messages more relevant to you. They perform functions like preventing the same ad from continuously reappearing, ensuring that ads are properly displayed for advertisers, and in some cases selecting advertisements that are based on your interests.

  • These cookies collect information in aggregate form to help us understand how our websites are being used. They allow us to count visits and traffic sources so that we can measure and improve the performance of our sites. If people say no to these cookies, we do not know how many people have visited and we cannot monitor performance.

See also our Cookie policy and Privacy policy.

This article is more than 1 year old

Oracle is BETTER at cloud than everyone else so NER, shouts Hurd (no Katz)

Laser focus on self embiggenment, says co-chief

Oracle’s co-CEO Mark Hurd is banging the drum for the database giant’s success in cloud computing.

In a TV interview Hurd is reported to have come out fighting.

“Make no mistake about it, we are laser-focused on taking share, we are focused on growing,” Hurd is reported to have said. “We are focused on driving the company forward, our guidance is to accelerate growth.”

“We are one of the few cloud companies (that are) not only getting bigger, but our growth rate is actually accelerating at the same time,” he said.

Hurd claimed that was because of “better” training and lots of sales people, lots of R&D and “some good acquisitions.”

You can view the tail-end of Hurd’s TV encounter here.

Cloud is the fastest growing part of Oracle’s herculean business – software and platform as a service up 39 per cent and infrastructure as a service up 60 per cent, making just over $500m for Oracle during its most recent quarter.

But cloud isn’t Oracle’s biggest moneymaker – earning Hurd’s boss Larry Ellison a lot less than the prime business.

New licenses for its software and maintenance contracts make the lion’s share of Oracle’s revenue – 21 per cent and 50 per cent respectively.

Of these, its maintenance that’s saving Oracle’s bacon by growing (plus six per cent) while sales of new copies of Oracle’s software like its signature relational database are falling – down four per cent.

Cloud accounts for just five per cent for just five percent in total.

Hurd was put in front of TV cameras the day Amazon announced what’s believed to be a 41 per cent year-on-year increase in its cloud revenue, to $1.74bn.

Amazon also said it would – finally – report its AWS revenues as a separate line item.

Until now, Amazon’s AWS has been included in the “other” category for North America in its financial reporting.

Similar topics

TIP US OFF

Send us news


Other stories you might like