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Oracle's FY 3Q17 results showed SaaS plus PaaS revenue up 74% (in constant currency) from the previous year at $1.0 billion, and IaaS revenue up 19% in constant currency at $178 million.


  • Oracle has shown impressive growth in SaaS including customer experience, HCM, and ERP starting to move to the cloud.
  • Oracle chief executive Mark Hurd highlighted that the company is now on a $5.0bn annual run-rate for non-GAAP cloud revenue, and is seeing overall growth in both its application and database businesses.

Features and Benefits

  • Assesses Oracle's latest financial results and drills down into the major areas of the business.
  • Analyzes Oracle's launch of next-generation data centers in support of IaaS.

Key questions answered

  • What progress is Oracle making in it's transition to a recurring revenue cloud-centric business?
  • Where will be the most significant areas of growth for Oracle's cloud business?
  • How should Oracle customers respond to the company's cloud strategy?

Table of contents

Ovum view

  • Summary
  • Oracle's cloud journey reaches an inflection point
  • IaaS is the next frontier for Oracle
  • NetSuite strengthens Oracle's mid-market proposition
  • Oracle has significant headroom for cloud growth


  • Further reading
  • Author

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