Friday, September 15, 2017

Oracle's Q1: Cloud, great. Hardware, meh. Mergers, unlikely • The Register

Also see Oracle's profit, cloud growth forecasts drag down shares (Reuters)

"Ellison also eschewed the notion of making a big acquisition to further Oracle's cloud business, saying "there is no one left to buy," and suggesting that Oracle would instead continue to rely on its in-house products.

When he wasn't talking up the cloud gains, Ellison used the earnings release to give a preview of at least one of the things Oracle will be showing off next month at its OpenWorld conference in San Francisco.

"In a couple of weeks, we will announce the world's first fully autonomous database cloud service," said Ellison. "Based on machine learning, the latest version of Oracle is a totally automated 'self-driving' system that does not require human beings to manage or tune the database.""
Oracle's Q1: Cloud, great. Hardware, meh. Mergers, unlikely • The Register

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