Report
Rodney Nelson
EUR 147.86 For Business Accounts Only

Oracle’s Cloudy Story Comes into Focus in Second Quarter, but IaaS Remains a Wildcard

Oracle reported second-quarter results that were relatively in line with our expectations, as rampant cloud revenue growth continues against declines in traditional software license sales. More importantly, management provided us with some insight into how they plan to pursue its public infrastructure-as-a-service opportunity, including a ramp in capital expenditures this year as data center buildout increases. Although we think Oracle has a chance to offer a unique, differentiated service again...
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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