Oracle becomes the second largest Cloud SAAS Company in the World!
REDWOOD SHORES, Calif., June 19, 2014 -- Oracle Corporation (NYSE: ORCL)
today announced that fiscal 2014 Q4 total revenues were up 3% to $11.3
billion. Software and Cloud revenues were up 4% to $8.9 billion. GAAP
Cloud software-as-a-service (SaaS) and platform-as-a-service (PaaS)
revenues were up 25% to $322 million, while non-GAAP SaaS and PaaS
revenues were up 23% to $327 million. In addition, Cloud
infrastructure-as-a-service (IaaS) revenues were up 13% to $128 million.
New software licenses revenues were unchanged at $3.8 billion. Software
license updates and product support revenues were up 7% to $4.7
billion. Overall hardware systems revenues were up 2% to $1.5 billion
with hardware systems products up 2% to $870 million, and hardware
systems support up 2% to $596 million.