Oracle
shares have been moving increased late Monday just after the firm posted far better-than-envisioned economic effects for its latest quarter. The enterprise computer software big continued to see results in shifting extra of its business enterprise to the cloud all through the time period.
“Simply put, we experienced an excellent quarter,” Oracle CEO Safra Catz stated on a contact with analysts. “More and a lot more customers are recognizing our next technology infrastructure cloud as being greater architected for increased performance, superior security and unmatched reliability” than other cloud suppliers.
Oracle
shares have been moving increased late Monday just after the firm posted far better-than-envisioned economic effects for its latest quarter. The enterprise computer software big continued to see results in shifting extra of its business enterprise to the cloud all through the time period.
“Simply put, we experienced an excellent quarter,” Oracle CEO Safra Catz stated on a contact with analysts. “More and a lot more customers are recognizing our next technology infrastructure cloud as being greater architected for increased performance, superior security and unmatched reliability” than other cloud suppliers.
