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A Turning Point For Oracle? 4 Takeaways From A Strong Q4

Oracle saw revenue growth for the first time since 2014. Has the company emerged from the dark days of cloud transformation?

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PaaS And IaaS

PaaS and IaaS are the two layers of the cloud stack that were mostly grouped together in Oracle's financials.

The Platform-as-a-Service and Infrastructure-as-a-Service offerings, often sold together, saw revenues up 40 percent to $397 million, or 42 percent to $403 million in non-GAAP accounting. The products were grouped, Catz said, "as the synergies and cross-selling between these two businesses is very high, and this is also how we're measuring our internal organization."

Ellison predicted an acceleration in that growth as more customers bring their Oracle licenses and workloads into the cloud. And the margins for PaaS and IaaS can be extremely high, he said. While PaaS wasn't broken out individually, Oracle also attributed the combined SaaS and PaaS portfolio1.2 billion in the quarter, growth of 75 percent in non-GAAP measures.

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