Oracle doesnt break out its SaaS and PaaS revenues separately.) While Oracle trails first mover Amazon Web Services in the IaaS sector, Oracle Executive Chairman and CTO Larry Ellison said at Oracle OpenWorld in September that Oracles next generation of infrastructure services, which he announced at Oracle OpenWorld, will deliver twice the compute power, twice the memory, four times the storage, and 10 times the input/output speeds as comparable services from AWS. Our goal in infrastructure and database is to be number one running database workloads in the cloud on our infrastructure as a service, Ellison said on the Q2 earnings call. Turning to other competitors, Ellison noted that Salesforce has replaced SAP as Oracles main rival in the applications sector. Oracle could beat Salesforce to the $10 billion cloud revenue mark, he said, but its going to be close. Oracles cloud revenues are growing faster than Salesforces, Ellison said, and we will book more than $2 billion in annual cloud sales this year, much more than Salesforce.com. We are catching up to them, and we’re catching them very quickly. AWS has replaced IBM as Oracles main competitor in the database market, Ellison said. Oracle Database already has a huge technical and market share lead over the AWS Redshift and Aurora databases, but more important, Oracle IaaS runs Oracle Database workloads much faster, more reliably, and at a significantly lower cost than Amazons IaaS can, he said. Earnings Picture Oracle posted total revenue of $9.04 billion in the second quarter, flat compared with the year-ago quarter. However, Catz said both total revenue and non-GAAP diluted earnings per share exceeded the midpoint of her earlier guidance. As the cloud becomes an ever-larger percentage of Oracles total revenue, the companys earnings and cash flow will improve, said Catz, who reiterated her earlier guidance that Oracle expects to post non-GAAP double-digit earnings growth come fiscal 2018.
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17, 2016, 7:04 P.M. SMS A Western Washington woman was hospitalized Saturday morning after she suffered a medical issue while driving on Interstate 90 and crashed her car. Jenny J. Rasmussen, 54, of Enumclaw, was westbound on I-90 about 15 miles from Medical Lake at about 10:45 a.m. when she drifted off the road to the right, according to the Washington State Patrol. Her car went through a fence and sideswiped a tree before coming to a stop about 75 feet from the you can look here freeway. The 63-year-old passenger in Rasmussens car was not injured. 17, 2016, 7:04 p.m.
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