Oracle preps new IaaS service amid mixed earnings report

09/20/2012 | Total Telecom Magazine (U.K.) · Computerworld (Australia)

Oracle is readying the third and final element to meet business needs around the three tiers of cloud computing, a new infrastructure-as-a-service offering. The company is also enjoying some good news in regard to quarterly financials. Net income was up in the fiscal first quarter, as were software license sales and cloud subscriptions. Quarterly revenue, though, dipped 2%, mostly due to lower hardware sales.

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Total Telecom Magazine (U.K.) · Computerworld (Australia)

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