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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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Customer Wins

The strategy for winning customers to Oracle's cloud is leveraging its massive legacy customer base, especially Oracle's preeminent position as a database vendor. That seems to be working.

In a big customer win, AT&T, a long-time Oracle customer, has entered a significant cloud deal. The telecom giant announced it would begin migrating thousands of internal databases to Oracle's cloud. AT&T is just the beginning, Oracle leaders said.

Expect customers to start migrating millions of Oracle databases to its Gen 2 public cloud.

 
 
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