Report
Rodney Nelson
EUR 101.80 For Business Accounts Only

Oracle Keeps it SaaS-y in Fourth Quarter, but We Still Have Questions About IaaS Strategy

Oracle closed its fiscal 2017 on a high note as the company continues to execute on its transition to the cloud. Software-as-a-service revenue continues to grow at a meteoric pace, aided in part by the recent NetSuite acquisition. Still, Oracle’s limited capital expenditure profile gives us pause about the legitimacy of their public cloud offering for infrastructure-as-a-service, or IaaS. We are maintaining our wide economic moat rating, and after incorporating management’s guidance and a modest...
Underlying
Oracle Corporation

Oracle provides products and services that address enterprise information technology (IT) environments. The company's products and services include applications and infrastructure offerings. The company's cloud and license business engages in the sale, marketing and delivery of its applications and infrastructure technologies through cloud and on-premise deployment models including its cloud services and license support offerings; and its cloud license and on-premise license offerings. The company's hardware business provides Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware-related software to support diverse IT environments.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Rodney Nelson

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